For the year ending 2025-12-31, BETRW has $1,505,434K in assets. $1,468,251K in debts. $99,827K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 99,827 | |||
| Restricted cash | 16,788 | |||
| Short-term investments | 103,607 | |||
| Mortgage loans held for sale, at fair value | 466,681 | |||
| 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 | |||
| Other receivables, net | 14,808 | |||
| Assets held for sale | 8,687 | |||
| Property and equipment, net | 1,943 | |||
| Right-of-use assets | 4,678 | |||
| Internal use software and other intangible assets, net | 21,985 | |||
| Goodwill | 10,995 | |||
| Derivative assets, at fair value | 4,210 | |||
| Prepaid expenses and other assets | 27,892 | |||
| Total assets | 1,505,434 | |||
| Warehouse lines of credit | 411,862 | |||
| Convertible note | 0 | |||
| Senior notes | 198,802 | |||
| Customer deposits | 762,984 | |||
| Liabilities held for sale | 4,802 | |||
| Accounts payable and accrued expenses (includes 200 and 74 payable to related parties as of december31, 2025 and 2024, respectively) | 74,560 | |||
| Escrow payable and other customer accounts | 172 | |||
| Derivative liabilities, at fair value | 2,431 | |||
| Warrant and equity related liabilities, at fair value | 1,476 | |||
| Lease liabilities | 4,629 | |||
| Other liabilities | 6,533 | |||
| Total liabilities | 1,468,251 | |||
| Common stock 0.0001 par value 66,000,000 and 66,000,000 shares authorized as of december31, 2025 and 2024, respectively, and 15,996,907 and 15,168,795 shares issued and outstanding as of december31, 2025 and 2024, respectively | 2 | |||
| Notes receivable from stockholders | 0 | |||
| Additional paid-in capital | 2,109,762 | |||
| Accumulated deficit | -2,076,238 | |||
| Accumulated other comprehensive gain/(loss) | 3,657 | |||
| Total stockholders equity/(deficit) | 37,183 | |||
| Total liabilities and stockholders equity/(deficit) | 1,505,434 | |||
Better Home & Finance Holding Co (BETRW)
Better Home & Finance Holding Co (BETRW)