---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-272584"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:51:09.399458+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bakkt to record ~$1.3-1.4B goodwill impairment, $150-160M intangible impairment for Q3 2022

## Summary
- Goodwill impairment estimated at $1,300-1,400 million; indefinite-lived intangible impairment $150-160 million.
- Impairment caused by delayed crypto product activations and decline in market capitalization as of Sept 30, 2022.
- Non-cash charge has no impact on liquidity, cash flows, or future operations.
- Full Q3 2022 earnings to be released Nov 10, 2022, with conference call at 9:00 AM EST.

## SEC filing metadata
- accession: 0001193125-22-272584
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000119312522272584/0001193125-22-272584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000119312522272584/d412852d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-272584
- JSON: https://secwatch.observer/filing/0001193125-22-272584.json
- Plain text: https://secwatch.observer/filing/0001193125-22-272584.txt

## Key facts
- Earnings Releases
  Bakkt, Inc. reported preliminary financial results for the three months ended September 30, 2022.
  - Period: the three months ended September 30, 2022
  - Result: preliminary results
  source text: On October 28, 2022, Bakkt Holdings, Inc. (the “Company”) issued a press release announcing that, for the three months ended September 30, 2022, the Company will record an impairment loss on goodwill and on certain indefinite-lived intangible assets.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820302/000119312522272584/0001193125-22-272584-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.