|
Net income (loss)
|
|
($5.3m)
|
($128.9m)
|
($48.5m)
|
$57.9m
|
$195.9m
|
|
Depreciation and amortization
|
|
$3.1m
|
$7.1m
|
$5.5m
|
$7.7m
|
$7.1m
|
|
Deferred income taxes
|
|
—
|
—
|
$0
|
$0
|
($34.2m)
|
|
Gain on extinguishment of convertible debt
|
|
$0
|
($4.3m)
|
$0
|
($33.4m)
|
$0
|
|
Operating lease right of use assets recognized
|
|
$2.5m
|
$0
|
$298k
|
$0
|
$0
|
|
Operating lease liabilities recognized
|
|
$2.5m
|
$0
|
$298k
|
$0
|
$0
|
|
Provision for credit losses
|
|
—
|
$66.3m
|
$58.4m
|
$54.6m
|
$91.0m
|
|
Changes in fair value of earnout liabilities
|
|
$0
|
($9.6m)
|
($22k)
|
$965k
|
$3.3m
|
|
Changes in fair value of public and private warrant liabilities
|
|
($3.1m)
|
($14.2m)
|
($260k)
|
$1.7m
|
$9.9m
|
|
Stock-based compensation
|
|
$7.4m
|
$40.6m
|
$26.7m
|
$37.3m
|
$29.9m
|
|
Non-cash interest
|
|
($233k)
|
$2.3m
|
$3.1m
|
$251k
|
$0
|
|
Non-cash lease expense
|
|
$78k
|
($100k)
|
($20k)
|
($21k)
|
($38k)
|
|
Changes in fair value of marketable securities and investments
|
|
$1k
|
($578k)
|
$44k
|
($16k)
|
$76k
|
|
ExtraCash receivables, service based revenue
|
|
($2.3m)
|
($6.8m)
|
($4.1m)
|
($6.2m)
|
($16.7m)
|
|
Prepaid expenses and other current assets
|
|
($311k)
|
($6.8m)
|
$3.3m
|
($8.2m)
|
($1.9m)
|
|
Accounts payable
|
|
$2.6m
|
$330k
|
($5.9m)
|
$1.3m
|
$1.6m
|
|
Accrued expenses
|
|
$5.0m
|
($1.7m)
|
$1.7m
|
$4.1m
|
($2.0m)
|
|
Legal settlement accrual
|
|
$500k
|
$5.7m
|
($6.1m)
|
$3.8m
|
$733k
|
|
Other current liabilities
|
|
($1.6m)
|
($263k)
|
($446k)
|
$267k
|
$3.9m
|
|
Other non-current liabilities
|
|
($466k)
|
$0
|
$5k
|
$2.9m
|
$1.4m
|
|
Other non-current assets
|
|
$0
|
($137k)
|
($266k)
|
$23k
|
$23k
|
|
Payments for internally developed software costs
|
|
($6.1m)
|
($8.6m)
|
($7.9m)
|
($7.3m)
|
($6.5m)
|
|
Purchase of property and equipment
|
|
($371k)
|
($728k)
|
($688k)
|
($262k)
|
($317k)
|
|
Net originations, purchases and collections of ExtraCash receivables
|
|
—
|
—
|
($63.0m)
|
($111.5m)
|
($195.8m)
|
|
Purchase of marketable securities
|
|
($5k)
|
($317.7m)
|
($34.4m)
|
($59.3m)
|
($3k)
|
|
Sale of marketable securities
|
|
$9.4m
|
$325.6m
|
$33.7m
|
$60.1m
|
$100k
|
|
Payment for fractional shares on reverse stock split
|
|
—
|
$0
|
($12k)
|
$0
|
$0
|
|
Payment of taxes for shares withheld related to net share settlement
|
|
—
|
—
|
$0
|
$0
|
($13.3m)
|
|
Property and equipment purchases in accounts payable and accrued liabilities
|
|
—
|
$3k
|
$2k
|
$0
|
$0
|
|
Income taxes
|
|
($2.5m)
|
($622k)
|
($586k)
|
($109k)
|
$5.6m
|
|
Interest
|
|
$2.0m
|
$5.7m
|
$8.6m
|
$7.7m
|
$6.9m
|
|
Net cash provided by operating activities
|
|
($2.1m)
|
($44.9m)
|
$33.8m
|
$125.1m
|
$290.0m
|
|
Purchase of investments
|
|
—
|
($202.1m)
|
($120.0m)
|
($111.3m)
|
($190.0m)
|
|
Sale and maturity of investments
|
|
—
|
$32.2m
|
$177.9m
|
$183.7m
|
$189.8m
|
|
Net cash used in investing activities
|
|
($253.8m)
|
($285.6m)
|
($14.4m)
|
($45.8m)
|
($202.7m)
|
|
Payment of costs for extinguishment of convertible debt
|
|
—
|
—
|
$0
|
($1.3m)
|
$0
|
|
Repayment of borrowings on convertible debt, long-term
|
|
—
|
—
|
$0
|
($71.0m)
|
$0
|
|
Proceeds from issuance of common stock for stock option exercises
|
|
$1.7m
|
$620k
|
$34k
|
$1.3m
|
$761k
|
|
Repurchases of Class A common stock
|
|
$0
|
($536k)
|
$0
|
$0
|
($43.7m)
|
|
Net cash (used in) provided by financing activities
|
|
$255.9m
|
$321.8m
|
$22k
|
($71.0m)
|
($56.3m)
|
|
Net increase in cash and cash equivalents and restricted cash
|
|
$27.3m
|
($8.7m)
|
$19.4m
|
$8.3m
|
$31.0m
|
|
Cash and cash equivalents and restricted cash, beginning of the year
|
|
$32.4m
|
$23.7m
|
$43.1m
|
$51.4m
|
$82.4m
|
|
Cash and cash equivalents
|
|
$32.0m
|
$22.9m
|
$41.8m
|
$49.7m
|
$80.5m
|
|
Restricted cash
|
|
$363k
|
$788k
|
$1.3m
|
$1.7m
|
$1.8m
|
|
Prepaid income taxes
|
|
$2.6m
|
$550k
|
$683k
|
$148k
|
$0
|