Sezzle Inc.

For the period ended Jun 30, 2026. Filed Aug 7, 2026.

About 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.

Jun 30, 2026 · Filed Aug 7, 2026

SEZL$150.84+0.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

Consolidated Balance Sheets (unaudited)

	As of
(in thousands, except per share amounts)	June 30, 2026	December 31, 2025
Assets
Current Assets
Cash and cash equivalents, including amounts held by variable interest entity (“VIE”) of $17,694 and $25,921, respectively	$79,757	$64,054
Restricted cash, current, including amounts held by VIE of $4,506 and $8,245, respectively	4,549	8,413
Notes receivable	321,160	283,400
Allowance for credit losses	(32,001)	(28,505)
Notes receivable, net, including amounts held by VIE of $260,621 and $237,062, respectively	289,159	254,895
Other current assets, net	34,899	24,502
Total current assets	408,364	351,864
Non-Current Assets
Restricted cash, non-current	27,743	30,134
Deferred tax asset	14,670	13,615
Other assets	5,694	4,616
Total Assets	$456,471	$400,229
Liabilities and Stockholders' Equity
Current Liabilities
Merchant accounts payable	$57,905	$56,374
Other payables, including amounts held by VIE of $172 and $1,476, respectively	6,471	6,908
Deferred revenue	6,821	5,431
Other current liabilities, including amounts held by VIE of $869 and $0, respectively	30,467	21,053
Total current liabilities	101,664	89,766
Non-Current Liabilities
Operating lease liabilities	312	661
Line of credit, net of unamortized debt issuance costs of $1,978 and $1,268, respectively, held by VIE	121,522	139,991
Total Liabilities	223,498	230,418
Commitments and Contingencies (see Note 8)
Stockholders' Equity
Common stock and additional paid-in capital, $0.00001 par value; 750,000 shares authorized; 35,065 and 35,130 shares issued, respectively; 33,665 and 33,798 shares outstanding, respectively	196,535	194,890
Treasury stock, at cost: 1,400 and 1,332 shares, respectively	(28,923)	(24,072)
Accumulated other comprehensive loss	(836)	(683)
Accumulated earnings (deficit)	66,197	(324)
Total Stockholders' Equity	232,973	169,811
Total Liabilities and Stockholders' Equity	$456,471	$400,229

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.