Successor

Three Months Ended June 30,

2026

2025

UACC

CarStory

Corporate

Total

UACC

CarStory

Corporate

Total

Interest income

$

43,605

$

—

$

—

$

43,605

$

45,748

$

—

$

—

$

45,748

Interest expense:

Warehouse credit facility

3,396

—

—

3,396

3,259

—

—

3,259

Securitization debt

8,586

—

—

8,586

9,883

—

—

9,883

Total interest expense

11,982

—

—

11,982

13,142

—

—

13,142

Net interest income

31,623

—

—

31,623

32,606

—

—

32,606

Realized and unrealized losses (gains), net of recoveries

10,757

—

(94

)

10,663

20,922

—

(1,422

)

19,500

Net interest income after losses and recoveries

20,866

—

94

20,960

11,684

—

1,422

13,106

Noninterest income:

Servicing income

925

—

—

925

1,259

—

—

1,259

Warranties and GAP income, net

3,203

—

88

3,291

3,673

—

(28

)

3,645

CarStory revenue

—

1,297

—

1,297

—

1,846

—

1,846

Other income

3,119

37

—

3,156

1,978

35

54

2,067

Total noninterest income

7,247

1,334

88

8,669

6,910

1,881

26

8,817

Expenses:

Compensation and benefits

16,352

1,266

1,133

18,751

17,443

1,581

2,067

21,091

Professional fees

989

42

953

1,984

1,433

(67

)

647

2,013

Software and IT costs

3,179

2

63

3,244

2,688

3

729

3,420

Depreciation and amortization

1,381

101

—

1,482

628

114

—

742

Interest expense on corporate debt

765

—

298

1,063

698

—

—

698

Other expenses

2,053

102

419

2,574

2,152

136

544

2,832

Total expenses

24,719

1,513

2,866

29,098

25,042

1,767

3,987

30,796

(Benefit) provision for income taxes from continuing operations

—

31

(55

)

(24

)

—

33

26

59

Preferred stock dividends attributable to noncontrolling interests of subsidiary

(691

)

—

—

(691

)

—

—

—

—

Adjusted net income (loss)

$

3,993

$

(156

)

$

(5,334

)

$

124

Successor

Six months ended June 30,

Period from January 15 through June 30,

2026

2025

UACC

CarStory

Corporate

Total

UACC

CarStory

Corporate

Total

Interest income

$

86,081

$

—

$

—

$

86,081

$

82,905

$

—

$

—

$

82,905

Interest expense:

Warehouse credit facility

6,835

—

—

6,835

7,877

—

—

7,877

Securitization debt

17,206

—

—

17,206

16,431

—

—

16,431

Total interest expense

24,041

—

—

24,041

24,308

—

—

24,308

Net interest income

62,040

—

—

62,040

58,597

—

—

58,597

Realized and unrealized losses, net of recoveries

35,580

—

(233

)

35,346

33,612

—

(3,012

)

30,600

Net interest income after losses and recoveries

26,460

—

233

26,694

24,985

—

3,012

27,997

Noninterest income:

Servicing income

2,064

—

—

2,064

2,513

—

—

2,513

Warranties and GAP income (loss), net

5,968

—

9

5,977

7,244

—

480

7,724

CarStory revenue

—

2,630

—

2,630

—

4,238

—

4,238

Other income

5,126

71

—

5,197

4,213

97

238

4,548

Total noninterest (loss) income

13,158

2,701

9

15,868

13,970

4,335

718

19,023

Expenses:

Compensation and benefits

33,089

2,509

2,299

37,897

31,137

2,941

3,080

37,158

Professional fees

4,353

94

2,057

6,504

4,502

(67

)

2,925

7,360

Software and IT costs

6,144

4

257

6,405

4,774

3

1,045

5,822

Depreciation and amortization

2,616

206

—

2,822

1,107

210

—

1,317

Interest expense on corporate debt

1,526

—

749

2,275

1,178

—

—

1,178

Impairment charges

—

—

—

—

3,479

—

677

4,156

Other expenses

4,020

195

767

4,982

3,822

274

1,106

5,202

Total expenses

51,748

3,008

6,129

60,885

49,999

3,361

8,833

62,193

Provision for income taxes from continuing operations

—

57

111

168

39

49

121

209

Preferred stock dividends attributable to noncontrolling interests of subsidiary

(1,262

)

—

—

(1,262

)

—

—

—

—

Adjusted net (loss) income

$

(10,983

)

$

(286

)

$

(6,168

)

$

963

Predecessor

Period from January 1 through January 14,

2025

UACC

CarStory

Corporate

Total

Interest income (expense)

$

7,254

$

—

$

(71

)

$

7,183

Interest expense:

Warehouse credit facility

1,017

—

—

1,017

Securitization debt

1,178

—

—

1,178

Total interest expense

2,195

—

—

2,195

Net interest income (loss)

5,059

—

(71

)

4,988

Realized and unrealized losses, net of recoveries

7,647

—

(855

)

6,792

Net interest income (loss) after losses and recoveries

(2,588

)

—

784

(1,804

)

Noninterest (loss) income:

Servicing income

192

—

—

192

Warranties and GAP income (loss), net

390

—

(83

)

307

CarStory revenue

—

432

—

432

Other income

66

13

34

113

Total noninterest (loss) income

648

445

(49

)

1,044

Expenses:

Compensation and benefits

2,398

326

99

2,823

Professional fees

172

13

112

297

Software and IT costs

367

2

88

457

Depreciation and amortization

817

240

—

1,057

Interest expense on corporate debt

85

—

91

176

Other expenses

262

20

89

371

Total expenses

4,101

601

479

5,181

Provision for income taxes from continuing operations

—

5

—

5

Preferred stock dividends attributable to noncontrolling interests of subsidiary

—

—

—

—

Adjusted net loss

$

(5,910

)

$

(153

)