| Summary of ExtraCash Receivables, Net |
Below is a detail of ExtraCash receivables, net as of June 30, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Days From Origination |
|
Gross ExtraCash Receivables |
|
|
Allowance for Credit Losses |
|
|
ExtraCash Receivables, Net |
|
1-10 |
|
$ |
180,575 |
|
|
$ |
(2,473 |
) |
|
$ |
178,102 |
|
11-30 |
|
|
46,553 |
|
|
|
(7,992 |
) |
|
|
38,561 |
|
31-60 |
|
|
14,061 |
|
|
|
(8,688 |
) |
|
|
5,373 |
|
61-90 |
|
|
9,756 |
|
|
|
(7,413 |
) |
|
|
2,343 |
|
91-120 |
|
|
7,234 |
|
|
|
(5,951 |
) |
|
|
1,283 |
|
Total |
|
$ |
258,179 |
|
|
$ |
(32,517 |
) |
|
$ |
225,662 |
|
Below is a detail of ExtraCash receivables, net as of December 31, 2024 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Days From Origination |
|
Gross ExtraCash Receivables |
|
|
Allowance for Credit Losses |
|
|
ExtraCash Receivables, Net |
|
1-10 |
|
$ |
142,623 |
|
|
$ |
(2,112 |
) |
|
$ |
140,511 |
|
11-30 |
|
|
36,198 |
|
|
|
(6,223 |
) |
|
|
29,975 |
|
31-60 |
|
|
7,882 |
|
|
|
(4,937 |
) |
|
|
2,945 |
|
61-90 |
|
|
6,140 |
|
|
|
(4,712 |
) |
|
|
1,428 |
|
91-120 |
|
|
5,717 |
|
|
|
(4,719 |
) |
|
|
998 |
|
Total |
|
$ |
198,560 |
|
|
$ |
(22,703 |
) |
|
$ |
175,857 |
|
|
| Summary of Allowance for Credit Losses |
The roll-forward of the allowance for credit losses is as follows (in thousands):
|
|
|
|
|
|
|
Opening allowance balance at January 1, 2025 |
|
|
|
$ |
22,703 |
|
Plus: provision for credit losses |
|
|
|
|
35,898 |
|
Plus: amounts recovered |
|
|
|
|
7,860 |
|
Less: amounts written-off |
|
|
|
|
(33,944 |
) |
Ending allowance balance at June 30, 2025 |
|
|
|
$ |
32,517 |
|
|
|
|
|
|
|
Opening allowance balance at January 1, 2024 |
|
|
|
$ |
20,310 |
|
Plus: provision for credit losses |
|
|
|
|
24,308 |
|
Plus: amounts recovered |
|
|
|
|
5,778 |
|
Less: amounts written-off |
|
|
|
|
(29,903 |
) |
Ending allowance balance at June 30, 2024 |
|
|
|
$ |
20,493 |
|
|