Exodus Movement, Inc. reported its financial results for the first quarter of 2025, announcing a record Q1 revenue of $36.0 million, a 24% increase compared to the $29.1 million reported in Q1 2024. Despite this revenue growth, the company recorded a net loss of $12.9 million, contrasting with a net income of $54.8 million in the same period the previous year, marking a 124% decline. The company processed an exchange provider volume of $2.18 billion in Q1 2025, which is a 7% decrease from Q4 2024. The top assets traded included Bitcoin (16%), Tether on the TRX Network (11%), Solana (11%), Tether on the ETH Network (9%), Ether (8%), and XRP (8%). Exodus reported a decrease in its monthly active users, from 2.3 million at the end of December 2024 to 1.6 million by the end of Q1 2025, representing a 30% drop. However, its quarterly funded users decreased only slightly by 5%, from 1.9 million to 1.8 million during the same period. As of March 31, 2025, the company held digital assets, cash, and cash equivalents totaling $238.0 million, which includes 2,011 units of Bitcoin valued at $166.0 million, 2,693 units of Ether valued at $4.9 million, and $62.8 million in cash, USDC, and Treasury bills. The number of full-time equivalent team members remained steady at approximately 210. Exodus maintains a focus on self-custody solutions while expanding its offerings in the digital assets market. The company reported an average customer response time of less than 60 minutes during the first quarter.