LPRO: the balance sheet

MyFinsight

For the year ending 2025-12-31, LPRO has $236,679K in assets. $161,719K in debts. $176,614K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	176,614
Restricted cash	11,604
Accounts receivable, net	3,653
Current contract assets, net	22,186
Income tax receivable	3,214
Other current assets	5,416
Total current assets	222,687
Property and equipment, net	458
Capitalized software development costs, net	4,046
Operating lease right-of-use assets, net	3,063
Contract assets	2,893
Other assets	3,532
Total assets	236,679

Accounts payable	446
Accrued expenses	8,699
Current portion of debt	7,500
Third-party claims administration liability	11,706
Current portion of excess profit share receipts	18,672
Other current liabilities	2,235
Total current liabilities	49,258
Long-term debt, net of deferred financing costs	77,266
Operating lease liabilities	2,382
Excess profit share receipts	27,574
Other liabilities	5,239
Total liabilities	161,719
Common stock, 0.01 par value 550,000,000 shares authorized, 128,198,185 shares issued and 117,660,648 shares outstanding as of december31, 2025 and 128,198,185 shares issued and 119,350,001 shares outstanding as of december31, 2024	1,282
Additional paid-in capital	497,663
Accumulated deficit	-332,995
Treasury stock at cost, 10,537,537 shares at december31, 2025 and 8,848,184 shares at december31, 2024	90,990
Total stockholders equity	74,960
Total liabilities and stockholders equity	236,679

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