Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 401

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 401
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 $ |             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-current liabilitieson the Consolidated Balance Sheets, while operating lease right-of-use assets are included in Other non-current assetson 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 
             years |   |     |     |               1.1 
             years |   |
| Weighted-average discount rates       |     |     |              12.8 | % |     |     |               8.5 | % |

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

**Table 5.4. Maturities of Lease Liabilities**

| Years ending December 31, |     |   |        |
|:--------------------------|:----|:--|-------:|
| 2025                      |     | $ |  3,065 |
| 2026                      |     |   |  3,091 |
| 2027                      |     |   |  3,144 |
| 2028                      |     |   |  2,787 |
| 2029                      |     |   |  3,058 |
| Thereafter                |     |   | 11,944 |
| Total lease payments      |     |   | 27,089 |
| Less: imputed interest    |     |   | 11,378 |
| Total lease liabilities   |     | $ | 15,711 |

F-5 7

**6. Intangible assets, net**

Intangible assets consists of the