Offerpad Solutions Inc. (OPAD)
Offerpad Solutions Inc. (OPAD)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -10,133 | -8,820 | -11,604 | -25,960 |
| Depreciation | 287 | 267 | 253 | 459 |
| Amortization of debt financing costs | 101 | 115 | 82 | 618 |
| Real estate inventory valuation adjustment | 414 | 548 | 2,006 | 2,795 |
| Stock-based compensation | 942 | -1,026 | 815 | 3,039 |
| Change in fair value of warrant liabilities | -169 | -785 | 915 | NaN |
| Loss on disposal of property and equipment | -2 | 0 | -87 | -75 |
| Gain on sale of derivative instruments | NaN | 0 | NaN | NaN |
| Accounts receivable | 281 | 550 | -155 | 3,695 |
| Real estate inventory | -18,707 | -62,399 | -48,364 | 1,358 |
| Prepaid expenses and other assets | 664 | -552 | -539 | -990 |
| Accounts payable | 455 | -245 | 615 | -625 |
| Accrued and other liabilities | -615 | -1,952 | -2,346 | 88 |
| Net cash provided by (used in) operating activities | 9,046 | 50,503 | 39,953 | -23,646 |
| Purchases of property and equipment | 19 | 0 | 0 | 1,079 |
| Proceeds from sale of property and equipment | 17 | 0 | 19 | 0 |
| Purchases of derivative instruments | NaN | 0 | NaN | NaN |
| Proceeds from sale of derivative instruments | NaN | 0 | NaN | NaN |
| Net cash used in investing activities | -2 | 0 | 19 | -1,079 |
| Borrowings from secured credit facilities and other debt | 45,895 | 55,950 | 49,695 | 310,946 |
| Repayments of secured credit facilities and other debt | 58,260 | 119,933 | 123,389 | 332,904 |
| Payment of debt financing costs | 29 | 207 | 486 | NaN |
| Borrowings on revolving credit facility | NaN | 0 | 15,000 | NaN |
| Proceeds from january 2026 offering | 18,000 | 0 | 6,000 | NaN |
| Issuance costs of january 2026 offering | 1,187 | 0 | 839 | NaN |
| Proceeds from sale agreement offering | NaN | 8,543 | 21,718 | NaN |
| Issuance costs of sale agreement offering | NaN | -327 | -938 | NaN |
| Proceeds from exercise of stock options | NaN | 0 | 168 | 0 |
| Payments for taxes related to stock-based awards | 0 | 3 | 3 | 197 |
| Borrowings from warehouse lending facility | NaN | 0 | NaN | NaN |
| Repayments of warehouse lending facility | NaN | 0 | NaN | NaN |
| Proceeds from issuance of pre-funded warrants | NaN | 0 | NaN | NaN |
| Proceeds from exercise of pre-funded warrants | NaN | 0 | NaN | NaN |
| Issuance cost of pre-funded warrants | NaN | 0 | NaN | NaN |
| Net cash provided by (used in) financing activities | 4,419 | -55,977 | -33,074 | -22,155 |
| Net change in cash, cash equivalents and restricted cash | 13,463 | -5,474 | 6,898 | -46,880 |
| Cash, cash equivalents and restricted cash, beginning of period | 28,170 | 33,644 | 73,626 | NaN |
| Cash, cash equivalents and restricted cash, end of period | 41,633 | 28,170 | 33,644 | NaN |