Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash $ 185,009 $ 201,763
Restricted cash, including amounts held by variable interest entities (VIEs) of $61,888 and $39,396 63,978 44,461
Consumer receivables 153,634 153,741
Allowance for credit losses on consumer receivables (22,291) (22,323)
Consumer receivables, net, including amounts held by VIEs of $128,895 and $92,796 131,343 131,418
Enterprise receivables 14,207 6,002
Property and equipment, net 2,140 1,801
Intangible assets, net 212,948 25,124
Goodwill 161,678 52,541
Other assets 37,932 28,428
Total assets 809,235 491,538
Liabilities:    
Secured loans 88,290 43,591
Accounts payable and accrued liabilities 44,961 36,868
Warrant liability 4,350 8,260
Other debt, including amounts held by VIEs of $152,625 and $143,000 152,625 143,000
Other liabilities 91,881 38,135
Total liabilities 382,107 269,854
Commitments and contingencies (Note 17)
Redeemable convertible preferred stock (Series A), $0.0001 par value; 45,000,000 and 0 shares authorized as of March 31, 2022 and December 31, 2021, respectively, 28,693,931 shares issued and outstanding as of March 31, 2022 and 0 shares issued and outstanding as of December 31, 2021 193,647
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 2,000,000,000 shares authorized as of March 31, 2022 and December 31, 2021, 236,520,057 and 235,550,057 issued and outstanding, respectively, as of March 31, 2022 and 231,452,448 and 230,482,448 issued and outstanding, respectively, as of December 31, 2021 24 23
Additional paid-in capital 722,048 701,234
Accumulated deficit (478,891) (469,873)
Treasury stock at cost, 970,000 shares at March 31, 2022 and December 31, 2021 (9,700) (9,700)
Total stockholders’ equity 233,481 221,684
Total liabilities, redeemable convertible preferred stock and stockholders’ equity $ 809,235 $ 491,538