Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash $ 115,864 $ 201,763
Restricted cash, including amounts held by variable interest entities (VIEs) of $36,235 and $39,396 37,845 44,461
Consumer receivables 169,976 153,741
Allowance for credit losses on consumer receivables (24,841) (22,323)
Consumer receivables, net, including amounts held by VIEs of $113,963 and $92,796 145,135 131,418
Enterprise receivables 19,017 6,002
Property and equipment, net 2,976 1,801
Intangible assets, net 194,247 25,124
Goodwill 26,600 52,541
Other assets 54,658 28,428
Total assets 596,342 491,538
Liabilities:    
Secured loans 88,617 43,591
Accounts payable and accrued liabilities 58,129 36,868
Warrant liability 337 8,260
Other debt, including amounts held by VIEs of $143,394 and $143,000 143,394 143,000
Other liabilities 33,496 38,135
Total liabilities 323,973 269,854
Commitments and contingencies (Note 16)
Redeemable convertible preferred stock (Series A), $0.0001 par value; 45,000,000 and 0 shares authorized as of December 31, 2022 and December 31, 2021, respectively, 25,655,579 shares issued and outstanding as of December 31, 2022 and 0 shares issued and outstanding as of December 31, 2021 173,208
Stockholders' equity :    
Class A Common Stock, $0.0001 par value; 2,000,000,000 shares authorized as of December 31, 2022 and December 31, 2021, 258,590,373 and 257,620,373 issued and outstanding, respectively, as of December 31, 2022 and 231,452,448 and 230,482,448 issued and outstanding, respectively, as of December 31, 2021 26 23
Additional paid-in capital 766,814 701,234
Accumulated deficit (657,979) (469,873)
Treasury stock at cost, 970,000 shares at March 31, 2022 and December 31, 2021 (9,700) (9,700)
Total stockholders' equity 99,161 221,684
Total liabilities, redeemable convertible preferred stock and stockholders' equity $ 596,342 $ 491,538