Company: CRCL
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001193125-25-132755
Chunk: 343

Company: Circle Internet Group, Inc.
Filing Date: 2025-06-02
Form: S-1/A
Chunk 343
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| Table 4.3. Weighted-average Lease Terms and Discount Rates |     | March 31, 2025 |           |     | December 31, 2024 |           |
|:-----------------------------------------------------------|:----|:---------------|:----------|:----|:------------------|:----------|
| Weighted-average remaining lease term                      |     |                | 8.1 years |     |                   | 8.3 years |
| Weighted-average discount rates                            |     |                | 12.8%     |     |                   | 12.8%     |

Maturities of lease liabilities under operating leases are as follows (in thousands):

| Table 4.4. Maturities of Lease Liabilities 
 Years ending December 31,                  |     |   |        |
|:-------------------------------------------|:----|:--|-------:|
| 2025 (remaining 9 months)                  |     | $ |  2,451 |
| 2026                                       |     |   |  3,086 |
| 2027                                       |     |   |  3,138 |
| 2028                                       |     |   |  2,786 |
| 2029                                       |     |   |  3,058 |
| Thereafter                                 |     |   | 11,944 |
| Total lease payments                       |     |   | 26,463 |
| Less: imputed interest                     |     |   | 10,875 |
| Total lease liabilities                    |     | $ | 15,588 |

5. Intangible assets, net The useful life of the Company’s finite-lived acquired intangible assets is as follows:

| Table 5.1. Acquired Intangible Assets Useful Life |     |             |              |
| Acquired intangible assets                        |     | Useful life |              |
| Developed technology                              |     |             | 2 ~ 6 years  |
| Customer relationships                            |     |             | 2 ~ 4 years  |
| Regulatory licenses                               |     |             | 5 years      |
| Patents and trade name                            |     |             | 1 ~ 17 years |

Intangible assets consists of the following (in thousands):

| Table 5.2. Details of Intangible Assets, net 
 As of March 31, 2025                         |     | Gross    
 carrying 
 amount   |         |     | Accumulated  
 amortization