For the quarter ending 2026-03-31, BETR has $1,568,795K in assets. $1,560,242K in debts. $64,265K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loans held for investment (net of allowance for credit losses of 2,251 and 1,667 as of december31, 2025 and 2024, respectively) | - | 723,333 | 623,396 | 420,566 |
| Assets held for sale | - | 8,687 | 7,696 | 9,071 |
| Short-term investments | - | 103,607 | 131,902 | 134,390 |
| Cash and cash equivalents | 64,265 | 99,827 | 73,893 | 87,134 |
| Restricted cash | 9,412 | 16,788 | 12,551 | 10,645 |
| Mortgage loans held for sale, at fair value | 563,036 | 466,681 | 413,998 | 447,738 |
| Other receivables, net | 16,144 | 14,808 | 32,878 | 30,936 |
| Property and equipment, net | 1,944 | 1,943 | 1,850 | 1,923 |
| Right-of-use assets | 4,460 | 4,678 | 4,671 | 4,818 |
| Net carrying value | - | - | 19,666 | - |
| Intangible assets with indefinite lives-Internet Domain Names | - | - | 1,820 | - |
| Intangible assets with indefinite lives-Licenses And Other Intangibles | - | - | 34 | - |
| Internal use software and other intangible assets, net | 17,968 | 21,985 | 21,520 | 21,273 |
| Goodwill | 10,995 | 10,995 | 24,513 | 24,765 |
| Derivative assets | 6,017 | 4,210 | 5,290 | 5,248 |
| Prepaid expenses and other assets | 33,300 | 27,892 | 29,976 | 33,354 |
| Assets held for sale and discontinued operations-Discontinued Operations Heldforsale | 6,258 | - | - | - |
| Assets held for sale and discontinued operations-Segment Discontinued Operations | 834,996 | - | - | - |
| Total assets | 1,568,795 | 1,505,434 | 1,384,134 | 1,231,861 |
| Warehouse lines of credit | 507,581 | 411,862 | 349,771 | 371,189 |
| Liabilities held for sale | - | 4,802 | 5,171 | 6,932 |
| Customer deposits | - | 762,984 | 694,815 | 482,360 |
| Convertible note | - | 0 | 0 | 0 |
| Senior notes | 198,802 | 198,802 | 198,802 | 200,409 |
| Accounts payable and accrued expenses (includes payables to related parties of 0 and 200) | 60,447 | 74,560 | 74,267 | 63,782 |
| Escrow payable and other customer accounts | 664 | 172 | 410 | 376 |
| Derivative liabilities | 329 | 2,431 | - | 2,402 |
| Warrant and equity related liabilities, at fair value | 3,240 | 1,476 | 7,329 | 1,751 |
| Lease liabilities | 4,383 | 4,629 | 5,125 | 6,032 |
| Other liabilities | 6,075 | 6,533 | 6,532 | 20,071 |
| Liabilities held for sale and discontinued operations-Discontinued Operations Heldforsale | 6,079 | - | - | - |
| Liabilities held for sale and discontinued operations-Segment Discontinued Operations | 772,642 | - | - | - |
| Total liabilities | 1,560,242 | 1,468,251 | 1,342,222 | 1,155,304 |
| Common stock 0.0001 par value 66,000,000 shares authorized and 16,691,934 and 15,996,907 shares issued and outstanding | 2 | 2 | 2 | 2 |
| Notes receivable from stockholders | - | 0 | 9,160 | 9,160 |
| Additional paid-in capital | 2,153,072 | 2,109,762 | 2,083,521 | 2,077,303 |
| Accumulated deficit | -2,146,549 | -2,076,238 | -2,036,318 | -1,997,193 |
| Accumulated other comprehensive gain | 2,028 | 3,657 | 3,867 | 5,605 |
| Total stockholders equity | 8,553 | 37,183 | 41,912 | 76,557 |
| Total liabilities and stockholders equity | 1,568,795 | 1,505,434 | 1,384,134 | 1,231,861 |
Better Home & Finance Holding Co (BETR)
Better Home & Finance Holding Co (BETR)