Happen, Inc. (HAPN)
Happen, Inc. (HAPN)
| Cash Flow | 2026-06-30 |
|---|---|
| Net income | 109,751 |
| Net fair value adjustments | -210,070 |
| Change in fair value of loan servicing assets | 32,411 |
| Gain on sales of loans | 37,730 |
| Provision for credit losses | -10,527 |
| Accretion of deferred origination fees and marketing costs | 26,343 |
| Stock-based compensation, net | 14,528 |
| Depreciation and amortization | 33,971 |
| Other, net | -120 |
| Net change to loans held for sale | 1,518,806 |
| Other assets | -14,874 |
| Other liabilities | -14,199 |
| Net cash used for operating activities | -1,191,880 |
| Net change in loans and leases held for investment | 663,906 |
| Purchases of securities available for sale | 67,196 |
| Proceeds from maturities and paydowns of securities available for sale | 1,081,630 |
| Purchases of property, equipment and software, net | 53,751 |
| Other investing activities | 691 |
| Net cash provided by investing activities | 296,086 |
| Net change in deposits | 931,955 |
| Net issuances under equity incentive plans | 17,955 |
| Share repurchases | 20,421 |
| Net cash provided by financing activities | 893,579 |
| Net decrease in cash, cash equivalents and restricted cash | -2,215 |
| Cash, cash equivalents and restricted cash, beginning of period | 930,437 |
| Cash, cash equivalents and restricted cash, end of period | 928,222 |