v3.26.1
ExtraCash Receivables, Net (Tables)
3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Summary of ExtraCash Receivables, Net

Below is a detail of ExtraCash receivables, net as of March 31, 2026 (in thousands):

 

Days From Origination

 

Gross ExtraCash Receivables

 

 

Allowance for Credit Losses

 

 

ExtraCash Receivables, Net

 

1-10

 

$

210,249

 

 

$

(2,998

)

 

$

207,251

 

11-30

 

 

74,119

 

 

 

(11,573

)

 

 

62,546

 

31-60

 

 

13,504

 

 

 

(8,261

)

 

 

5,243

 

61-90

 

 

9,574

 

 

 

(7,210

)

 

 

2,364

 

91-120

 

 

9,731

 

 

 

(7,991

)

 

 

1,740

 

Total

 

$

317,177

 

 

$

(38,033

)

 

$

279,144

 

Below is a detail of ExtraCash receivables, net as of December 31, 2025 (in thousands):

 

Days From Origination

 

Gross ExtraCash Receivables

 

 

Allowance for Credit Losses

 

 

ExtraCash Receivables, Net

 

1-10

 

$

242,091

 

 

$

(3,006

)

 

$

239,085

 

11-30

 

 

56,897

 

 

 

(8,851

)

 

 

48,046

 

31-60

 

 

13,093

 

 

 

(7,942

)

 

 

5,151

 

61-90

 

 

11,893

 

 

 

(8,888

)

 

 

3,005

 

91-120

 

 

10,974

 

 

 

(8,954

)

 

 

2,020

 

Total

 

$

334,948

 

 

$

(37,641

)

 

$

297,307

 

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, 2026

 

 

 

$

37,641

 

Plus: provision for credit losses

 

 

 

 

26,586

 

Plus: amounts recovered

 

 

 

 

5,226

 

Less: amounts written-off

 

 

 

 

(31,420

)

Ending allowance balance at March 31, 2026

 

 

 

$

38,033

 

 

 

 

 

 

 

Opening allowance balance at January 1, 2025

 

 

 

$

22,703

 

Plus: provision for credit losses

 

 

 

 

10,603

 

Plus: amounts recovered

 

 

 

 

3,707

 

Less: amounts written-off

 

 

 

 

(16,938

)

Ending allowance balance at March 31, 2025

 

 

 

$

20,075