Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 340

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 340
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 of these facilities. In January 2024, the Company commenced a lease for corporate office space with a lease term of approximately 10 years. The components of lease cost were as follows (in thousands):

| Table 5.1. Lease Cost |     | Year ended December 31, |  2024 |     |   |  2023 |     |   |  2022 |
|:----------------------|:----|:------------------------|------:|:----|:--|------:|:----|:--|------:|
| Operating lease cost  |     | $                       | 4,406 |     | $ | 1,813 |     | $ | 1,824 |
| Short-term lease cost |     | $                       |   895 |     | $ |   180 |     | $ |   916 |

Supplemental balance sheet information related to leases is as follows (in thousands):

| Table 5.2. Details of Lease Right-of-use Assets and Liabilities |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:----------------------------------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Operating lease right-of-use                                    
 assets                                                          |     | $ |            15,493 |     | $ |             1,624 |
| Operating lease liabilities - current                           |     |   |             2,637 |     |   |             1,647 |
| Operating lease liabilities - non-current                       |     |   |            13,074 |     |   |               132 |
| Total operating lease liabilities                               |     | $ |            15,711 |     | $ |             1,779 |

Operating lease liabilities are included in Other current liabilities and Other non-currentliabilitieson the Consolidated Balance Sheets, while operating lease right-of-useassets are included in Other non-currentassetson the Consolidated Balance Sheets. Weighted-average lease terms and discount rates are as follows:

| Table 5.3. Weighted-average Lease Terms and Discount Rates |     | December 31, 2024 |           |     | December 31, 2023 |           |
|:-----------------------------------------------------------|:----|:------------------|:----------|:----|:------------------|:----------|
| Weighted-average remaining lease term                      |     |                   | 8.3