← Offerpad Solutions Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $43.9m | $169.8m | $97.2m | $76.0m | $43.0m | $26.5m | |
| Accounts receivable | $2.3m | $6.2m | $2.4m | $9.9m | $3.8m | $7.9m | |
| Real estate inventory | $171.4m | $1.1b | $664.7m | $276.5m | $214.2m | $93.8m | |
| Prepaid expenses and other current assets | $2.9m | $9.8m | $6.8m | $5.2m | $2.6m | $1.8m | |
| Total current assets | $1.5m | $1.3b | $814.2m | $371.6m | $294.2m | $131.7m | |
| Property and equipment, net | $8.2m | $5.1m | $5.2m | $4.5m | $9.1m | $14.7m | |
| Restricted cash | $6.8m | $24.6m | $43.1m | $4.0m | $30.6m | $1.6m | |
| Other non-current assets | $352k | $5.0m | $5.7m | $3.6m | $9.7m | $8.4m | |
| Accrued and other current liabilities | $11.2m | $35.0m | $28.3m | $13.9m | $11.8m | $8.7m | |
| Secured credit facilities and other debt, net | $50.1m | $861.8m | $605.9m | $227.1m | $195.4m | $75.5m | |
| Secured credit facilities and other debt - related party | $126.8m | $164.4m | $60.2m | $30.1m | $41.9m | $2.6m | |
| Warrant liabilities | — | $24.1m | $539k | $471k | $231k | $0 | |
| Revolving credit facility, net | — | — | — | — | $0 | $14.7m | |
| Total assets | $404.1m | $1.4b | $825.1m | $379.7m | $313.1m | $154.8m | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $404.1m | $1.4b | $825.1m | $379.7m | $313.1m | $154.8m | |
| Accounts payable | $39k | $6.4m | $4.6m | $4.9m | $1.9m | $1.7m | |
| Total current liabilities | $320k | $1.1b | $699.0m | $276.0m | $251.0m | $88.8m | |
| Other long-term liabilities | — | $3.8m | $3.7m | $1.4m | $14.2m | $13.1m | |
| Total liabilities | $14.5m | $1.1b | $703.2m | $277.9m | $265.4m | $116.6m | |
| Class A common stock, $0.0001 par value 2,000,000 shares authorized 37,211 and 27,379 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 1k | 24k | 25k | 3k | 3k | 4k | |
| Additional paid in capital | $5.9m | $389.6m | $402.5m | $499.7m | $507.7m | $544.6m | |
| Accumulated deficit | ($217k) | ($132.1m) | ($280.7m) | ($397.9m) | ($460.0m) | ($506.4m) | |
| Total stockholders' equity | $5.0m | $257.6m | $121.9m | $101.8m | $47.7m | $38.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.