Dave Inc./DE

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $32.0m $22.9m $41.8m $49.7m $80.5m
ExtraCash receivables, net of allowance for credit losses of $37,641 and $22,703 as of December 31, 2025 and December 31, 2024, respectively $49.0m $104.2m $112.8m $175.9m $297.3m
Prepaid expenses and other current assets $4.4m $11.6m $8.0m $16.1m $18.1m
Total current assets $830k $308.6m $276.9m $282.3m $436.7m
Property and equipment, net $685k $1.0m $1.1m $704k $474k
Intangible assets, net $7.8m $10.2m $13.2m $13.6m $13.7m
Lease right-of-use assets (related-party of $195 and $507 as of December 31, 2025 and December 31, 2024, respectively) $2.7m $735k $773k $507k $195k
Marketable securities $8.2m $285k $952k $97k $0
Investments $0 $168.8m $113.2m $40.5m $40.8m
Debt facility commitment fee, long-term $131k $75k $318k $163k $0
Restricted cash $363k $788k $1.3m $1.7m $1.8m
Deferred tax assets, net $0 $34.2m
Other non-current assets $0 $137k $403k $380k $357k
Debit facility, current $0 $75.0m
Lease liabilities, short-term (related-party of $63 and $350 as of December 31, 2025 and December 31, 2024, respectively) $1.9m $273k $298k $350k $63k
Legal settlement accrual $3.7m $9.4m $3.3m $7.1m $7.8m
Other current liabilities $1.2m $4.3m $3.9m $4.1m $8.0m
Lease liabilities, long-term (related-party of $141 and $204 as of December 31, 2025 and December 31, 2024, respectively) $970k $550k $543k $204k $141k
Debt facility, long-term $35.0m $75.0m $75.0m $75.0m $0
Warrant and earnout liabilities $516k $233k $2.9m $16.1m
Other non-current liabilities $119k $124k $129k $3.0m $4.5m
Treasury shares, at cost (Class A common stock, 274,490 shares at December 31, 2025) $0 ($43.7m)
Total assets $254.6m $321.5m $294.0m $299.3m $487.4m
Accounts payable $13.0m $11.4m $5.5m $6.8m $8.4m
Accrued expenses $5.0m $11.0m $12.6m $16.7m $14.7m
Total current liabilities $5.0m $36.4m $25.6m $35.1m $114.0m
Total liabilities $30.2m $214.9m $207.0m $116.2m $134.7m
Preferred stock, par value per share $0.0001, 10,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2025 and December 31, 2024 0 0 0 0 0
Common stock $634 $1k $1k $1k $1k
Additional paid-in capital $86.8m $270.0m $296.7m $335.3m $352.7m
Accumulated other comprehensive gain $0 ($1.7m) $649k $221k $374k
Retained earnings (accumulated deficit) ($29.4m) ($161.8m) ($210.3m) ($152.4m) $43.4m
Total stockholders' equity ($29.4m) $106.6m $87.1m $183.1m $352.7m
Total liabilities, and stockholders' equity $254.6m $321.5m $294.0m $299.3m $487.4m