Offerpad Solutions Inc
For the period ended Jun 30, 2024. Filed Aug 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 5, 2024
OPAD$2.11-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Common Stock · AdditionalPaid in · Accumulated · TotalStockholders’ | |||||
|---|---|---|---|---|---|
| (in thousands) (Unaudited) | Shares | Amount | Capital | Deficit | Equity |
| Balance at March 31, 2024 | 27,300 | $3 | $503,500 | $(415,402) | $88,101 |
| Issuance of common stock upon vesting of restricted stock units | 29 | — | (1) | — | (1) |
| Stock-based compensation expense | — | — | 3,249 | — | 3,249 |
| Net loss | — | — | — | (13,782) | (13,782) |
| Balance at June 30, 2024 | 27,329 | $3 | $506,748 | $(429,184) | $77,567 |
| Common Stock · AdditionalPaid in · Accumulated · TotalStockholders’ | |||||
|---|---|---|---|---|---|
| (in thousands) (Unaudited) | Shares | Amount | Capital | Deficit | Equity |
| Balance at March 31, 2023 | 26,507 | $3 | $493,614 | $(340,116) | $153,501 |
| Issuance of common stock upon exercise of stock options | 1 | — | 4 | — | 4 |
| Issuance of common stock upon vesting of restricted stock units | 3 | — | (5) | — | (5) |
| Exercise of pre-funded warrants | 714 | — | — | — | — |
| Stock-based compensation expense | — | — | 2,055 | — | 2,055 |
| Net loss | — | — | — | (22,344) | (22,344) |
| Balance at June 30, 2023 | 27,225 | $3 | $495,668 | $(362,460) | $133,211 |
Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Common Stock · AdditionalPaid in · Accumulated · TotalStockholders’ | |||||
|---|---|---|---|---|---|
| (in thousands) (Unaudited) | Shares | Amount | Capital | Deficit | Equity |
| Balance at December 31, 2023 | 27,233 | $3 | $499,660 | $(397,887) | $101,776 |
| Issuance of common stock upon exercise of stock options | 5 | — | 16 | — | 16 |
| Issuance of common stock upon vesting of restricted stock units | 91 | — | (44) | — | (44) |
| Stock-based compensation expense | — | — | 7,116 | — | 7,116 |
| Net loss | — | — | — | (31,297) | (31,297) |
| Balance at June 30, 2024 | 27,329 | $3 | $506,748 | $(429,184) | $77,567 |
| Common Stock · AdditionalPaid in · Accumulated · TotalStockholders’ | |||||
|---|---|---|---|---|---|
| (in thousands) (Unaudited) | Shares | Amount | Capital | Deficit | Equity |
| Balance at December 31, 2022 | 16,479 | $2 | $402,544 | $(280,669) | $121,877 |
| Issuance of common stock upon exercise of stock options | 14 | — | 53 | — | 53 |
| Issuance of common stock upon vesting of restricted stock units | 17 | — | (53) | — | (53) |
| Issuance of pre-funded warrants, net | — | — | 89,216 | — | 89,216 |
| Exercise of pre-funded warrants | 10,715 | 1 | 10 | — | 11 |
| Stock-based compensation expense | — | — | 3,898 | — | 3,898 |
| Net loss | — | — | — | (81,791) | (81,791) |
| Balance at June 30, 2023 | 27,225 | $3 | $495,668 | $(362,460) | $133,211 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.