Oportun Financial Corp
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
OPRT$11.65+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Balance Sheets
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Cash and cash equivalents | $91,187 | $98,817 |
| Restricted cash | 114,829 | 105,000 |
| Loans receivable at fair value | 2,962,352 | 3,175,449 |
| Capitalized software and other intangibles, net | 114,735 | 139,801 |
| Right of use assets - operating | 21,105 | 30,448 |
| Other assets | 107,680 | 64,180 |
| Total assets | $3,411,888 | $3,613,695 |
| Liabilities and stockholders' equity | ||
| Liabilities | ||
| Secured financing | $289,951 | $317,568 |
| Asset-backed notes at fair value | 1,780,005 | 2,387,674 |
| Asset-backed borrowings at amortized cost | 581,468 | — |
| Acquisition and corporate financing | 258,746 | 222,879 |
| Lease liabilities | 28,376 | 37,947 |
| Other liabilities | 68,938 | 100,028 |
| Total liabilities | 3,007,484 | $3,066,096 |
| Stockholders' equity | ||
| Common stock, $0.0001 par value - 1,000,000,000 shares authorized at December 31, 2023 and December 31, 2022; 34,741,076 shares issued and 34,469,053 shares outstanding at December 31, 2023; 33,626,630 shares issued and 33,354,607 shares outstanding at December 31, 2022 | 7 | 7 |
| Common stock, additional paid-in capital | 584,555 | 547,799 |
| Retained earnings (accumulated deficit) | (173,849) | 6,102 |
| Treasury stock at cost, 272,023 and 272,023 shares at December 31, 2023 and December 31, 2022 | (6,309) | (6,309) |
| Total stockholders’ equity | 404,404 | 547,599 |
| Total liabilities and stockholders' equity | $3,411,888 | $3,613,695 |
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