secwatch.observer — SEC 8-K summary
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Issuer:     Exodus Movement, Inc. (EXOD)
CIK:        0001821534
Form:       8-K
Filed at:   2026-05-11T20:53:55+00:00
Accession:  0001628280-26-033631
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exodus Q1 revenue $22.7M, down 37% YoY; net loss widens to $32.1M
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- Revenue $22.7M vs $36.0M in Q1 2025, down 37% YoY.
- Net loss $(32.1)M vs $(12.9)M loss a year ago, a 149% increase.
- Loss on digital assets net $36.4M vs $28.8M in the prior year.
- Exchange processed volume $1.18B in Q1, down 22% from Q4 2025.
- Closed acquisition of Monavate and Baanx on May 1, 2026; terms not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821534/000162828026033631/0001628280-26-033631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821534/000162828026033631/exod-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-033631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer