LPRO: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, LPRO has $287,651K in assets. $214,826K in debts. $222,134K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	222,134	230,659
Restricted cash	11,595	10,678
Accounts receivable, net	4,418	4,406
Current contract assets, net	24,015	14,553
Income tax receivable	4,015	3,576
Other current assets	6,391	3,230
Total current assets	272,568	267,102
Property and equipment, net	518	586
Capitalized software development costs, net	4,645	5,123
Operating lease right-of-use assets, net	3,273	3,478
Contract assets	3,087	14,895
Other assets	3,560	5,477
Total assets	287,651	296,661

Accounts payable	1,038	481
Accrued expenses	8,640	7,954
Current portion of debt	7,500	7,500
Third-party claims administration liability	11,650	10,724
Current portion of excess profit share receipts	17,231	18,410
Other current liabilities	2,700	2,072
Total current liabilities	48,759	47,141
Long-term debt, net of deferred financing costs	126,852	128,640
Operating lease liabilities	2,613	2,839
Excess profit share receipts	30,001	31,966
Other liabilities	6,601	7,128
Total liabilities	214,826	217,714
Common stock, 0.01 par value 550,000,000 shares authorized, 128,198,185 shares issued and 118,175,598 shares outstanding as of september30, 2025 and 128,198,185 shares issued and 119,350,001 shares outstanding as of december31, 2024	1,282	1,282
Additional paid-in capital	496,827	495,415
Accumulated deficit	-334,677	-327,108
Treasury stock at cost, 10,022,587 shares at september30, 2025 and 8,848,184 shares at december31, 2024	90,607	90,642
Total stockholders equity	72,825	78,947
Total liabilities and stockholders equity	287,651	296,661

Unit: Thousand (K) dollars