Bakkt (BKKT) - 2024 Q1 - Quarterly Report
Bakkt (BKKT)2024-05-16 04:27
There were no participation units granted during the three months ended March 31, 2023. We made cash payments of less than $0.1 million to settle vested participation units during the three months ended March 31, 2023. • Risk-free interest rate – The risk-free rate is based on the U.S. Treasury yield curve in effect on the grant date for securities with similar expected terms to the term of Opco's incentive units. Basic earnings per share is based on the weighted average number of shares of Class A Common S ...