Oportun Financial Corp
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 12, 2024
OPRT$11.65+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders' Equity
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)
(in thousands, except share data)
| For the Nine Months Ended September 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Warrants · Common Stock | ||||||||
| Shares | Additional Paid-in Capital | Shares | Par Value | Additional Paid-in Capital | Accumulated Deficit | Treasury Stock | Total Stockholders' Equity | |
| Balance – January 1, 2024 | 4,193,453 | $19,431 | 34,469,053 | $7 | $565,124 | $(173,849) | $(6,309) | $404,404 |
| Stock-based compensation expense | — | — | — | — | 4,239 | — | — | 4,239 |
| Vesting of restricted stock units, net of shares withheld | — | — | 1,120,201 | — | (232) | — | — | (232) |
| Net loss | — | — | — | — | — | (26,439) | — | (26,439) |
| Balance – March 31, 2024 | 4,193,453 | $19,431 | 35,589,254 | $7 | $569,131 | $(200,288) | $(6,309) | $381,972 |
| Stock-based compensation expense | — | — | — | — | 3,169 | — | — | 3,169 |
| Vesting of restricted stock units, net of shares withheld | — | — | 133,467 | — | — | — | — | — |
| Net loss | — | — | — | — | — | (31,025) | — | (31,025) |
| Balance – June 30, 2024 | 4,193,453 | $19,431 | 35,722,721 | $7 | $572,300 | $(231,313) | $(6,309) | $354,116 |
| Stock-based compensation expense | — | — | — | — | 3,436 | — | — | 3,436 |
| Vesting of restricted stock units, net of shares withheld | — | — | 248,316 | — | (40) | — | — | (40) |
| Net loss | — | — | — | — | — | (29,956) | — | (29,956) |
| Balance – September 30, 2024 | 4,193,453 | $19,431 | 35,971,037 | $7 | $575,696 | $(261,269) | $(6,309) | $327,556 |
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)
(in thousands, except share data)
| For the Nine Months Ended September 30, 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Warrants · Common Stock | ||||||||
| Shares | Additional Paid-in Capital | Shares | Par Value | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Treasury Stock | Total Stockholders' Equity | |
| Balance – January 1, 2023 | — | $— | 33,354,607 | $7 | $547,799 | $6,102 | $(6,309) | $547,599 |
| Stock-based compensation expense | — | — | — | — | 5,329 | — | — | 5,329 |
| Vesting of restricted stock units, net of shares withheld | — | — | 529,739 | — | (1,364) | — | — | (1,364) |
| Issuance of warrants to purchase common stock in connection with debt financing | 2,096,727 | 6,672 | — | — | — | — | — | 6,672 |
| Net loss | — | — | — | — | — | (102,090) | — | (102,090) |
| Balance – March 31, 2023 | 2,096,727 | $6,672 | 33,884,346 | $7 | $551,764 | $(95,988) | $(6,309) | $456,146 |
| Issuance of common stock upon exercise of stock options, net of shares withheld | — | — | 26,458 | — | (95) | — | — | (95) |
| Stock-based compensation expense | — | — | — | — | 4,754 | — | — | 4,754 |
| Vesting of restricted stock units, net of shares withheld | — | — | 116,539 | — | (267) | — | — | (267) |
| Issuance of warrants to purchase common stock in connection with debt financing | 2,096,726 | 12,759 | — | — | — | — | — | 12,759 |
| Net loss | — | — | — | — | — | (14,899) | — | (14,899) |
| Balance – June 30, 2023 | 4,193,453 | $19,431 | 34,027,343 | $7 | $556,156 | $(110,887) | $(6,309) | $458,398 |
| Issuance of common stock upon exercise of stock options, net of shares withheld | — | — | 10,856 | — | 49 | — | — | 49 |
| Stock-based compensation expense | — | — | — | — | 4,706 | — | — | 4,706 |
| Vesting of restricted stock units, net of shares withheld | — | — | 191,973 | — | (652) | — | — | (652) |
| Net loss | — | — | — | — | — | (21,138) | — | (21,138) |
| Balance – September 30, 2023 | 4,193,453 | $19,431 | 34,230,172 | $7 | $560,259 | $(132,025) | $(6,309) | $441,363 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.