For the quarter ending 2025-09-30, OPAD has $223,461K in assets. $183,609K in debts. $30,959K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 30,959 | 22,650 | ||
| Restricted cash | 2,685 | 4,096 | ||
| Accounts receivable | 7,388 | 7,543 | ||
| Real estate inventory | 162,367 | 212,737 | ||
| Prepaid expenses and other current assets | 2,207 | 2,571 | ||
| Total current assets | 205,606 | 249,597 | ||
| Property and equipment, gross | 12,907 | - | ||
| Less accumulated depreciation | 3,594 | - | ||
| Property and equipment, net | 9,313 | 9,672 | ||
| Other non-current assets | 8,542 | 8,717 | ||
| Total assets | 223,461 | 267,986 | ||
| Accounts payable | 1,912 | 1,297 | ||
| Accrued and other current liabilities | 10,361 | 12,422 | ||
| Secured credit facilities and other debt, net | 126,335 | 177,322 | ||
| Secured credit facilities and other debt - related party | 15,828 | 38,577 | ||
| Warrant liabilities | 1,146 | - | ||
| Total current liabilities | 155,582 | 229,618 | ||
| Revolving credit facility, net | 14,638 | - | ||
| Warrant liabilities | 0 | 159 | ||
| Other long-term liabilities | 13,389 | 13,674 | ||
| Total liabilities | 183,609 | 243,451 | ||
| Common stock value-Common Class A | 3 | 3 | ||
| Additional paid in capital | 537,459 | 510,538 | ||
| Accumulated deficit | -497,610 | -486,006 | ||
| Total stockholders' equity | 39,852 | 24,535 | ||
| Total liabilities and stockholders' equity | 223,461 | 267,986 | ||
Offerpad Solutions Inc. (OPAD)
Offerpad Solutions Inc. (OPAD)