Company: CRCL
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001193125-25-084832
Chunk: 315

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 315
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                       |      — |   |     | $ | (209,938 | ) |     | $ |        — |   |
| Non-cash purchase of investments and digital assets                                          |     | $                       | (6,570 | ) |     | $ |   (8,937 | ) |     | $ |  (20,497 | ) |
| Capitalized stock-based compensation expense related to internally developed software        |     | $                       | 13,646 |   |     | $ |   13,118 |   |     | $ |    6,262 |   |
| Purchases of property, plant and equipment included in accounts payable and accrued expenses |     | $                       |  2,874 |   |     | $ |        — |   |     | $ |        — |   |
| Unrealized gain (loss) on available-for-sale debt securities                                 |     | $                       |   (224 | ) |     | $ |     (815 | ) |     | $ |    1,039 |   |
| Unrealized gain (loss) on convertible notes  —  credit risk, net of                          
 tax                                                                                          |     | $                       |    840 |   |     | $ |    1,182 |   |     | $ |   (3,155 | ) |
| Non-cash consideration for business combinations                                             |     | $                       |      — |   |     | $ |        — |   |     | $ | (141,618 | ) |
| Right-of-use assets recognized on adoption of ASU 2016-02                                    |     | $                       |      — |   |     | $ |        — |   |     | $ |    3,273 |   |
| Repayment of loans payable                                                                   |     | $                       |      — |   |     | $ |        — |   |     | $ |  -25,000 |   |
| Non-cash interest payments                                                                   |     | $                       |      — |   |     | $ |        — |   |     | $ |   -6,061 |   |

The accompanying notes are an integral part of these consolidated financial statements. F-11

CIRCLE INTERNET GROUP, INC. AND SUBSIDIARIES

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1. Description of business

Overview of the Business

On July 1,