Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 62

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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220-40): Disaggregation of Income Statement Expenses," which requires disclosures about specific types of expenses included in the expense captions presented on the consolidated statement of operations, as well as disclosures about selling expenses. The new guidance is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The requirements will be applied prospectively with the option for retrospective application. We are currently evaluating the potential effect that the updated standard will have on our consolidated financial statement disclosures.

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 3—Revenues

As discussed in Note 19 — Segment Information, we determine our operating segments based on how our chief operating decision maker manages our operations, makes operating decisions and evaluates operating performance. Within our segments, we believe that the nature, amount, timing and uncertainty of our revenue and cash flows and how they are affected by economic factors can be further illustrated based on the timing in which revenue for each of our products and services is recognized. Our products and services are only offered to customers within the United States and certain U.S. territories. The following tables disaggregate our revenues earned from external customers by each of our reportable segments:Three Months Ended March 31, 2025Consumer ServicesB2B ServicesMoney Movement ServicesTotal Timing of recognition(In thousands)Transferred point in time$69,258 $37,544 $112,440 $219,242 Transferred over time23,830 293,367 806 318,003 Operating revenues (1)$93,088 $330,911 $113,246 $537,245 Three Months Ended March 31, 2024Consumer ServicesB2B ServicesMoney Movement ServicesTotal Timing of recognition(In thousands)Transferred point in time$70,864 $33,800 $106,043 $210,707 Transferred over time27,143 200,641 786 228,570 Operating revenues (1)$98,007 $234,441 $106,829 $439,277 (1)Excludes net interest income, a component of total operating revenues, as it is outside the scope of ASC 606, Revenues. Also excludes the effects of inter-segment revenues.Revenues recognized at a point in time are comprised of interchange fees, ATM fees, overdraft protection fees, other