v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash [1] $ 64,347 $ 49,451
Restricted cash [1] 27,499 43,812
Total cash and restricted cash 91,846 93,263
Finance receivables at fair value [1] 496,306 546,236
Equity method investment 19,958 19,076
Debt issuance costs, net [1] 3,901 5,034
Property, equipment and software, net 35,301 27,628
Operating lease right-of-use assets 8,009 8,834
Deferred tax asset 102,406 32,647
Other assets [1] 13,002 21,372
Total assets 770,729 754,090
Liabilities:    
Accounts payable [1] 1,126 2,773
Accrued expenses [1] 43,105 43,398
Tax receivable agreement liability 20,403 39,811
Operating lease liabilities 10,428 11,424
Senior debt [1] 276,453 321,353
Warrant liabilities 4,959 26,455
Total liabilities 356,474 445,214
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred stock, $0.0001 par value (1,000,000 shares authorized with no shares issued and outstanding as of June 30, 2026 and December 31, 2025) 0 0
Additional paid-in capital 437,238 113,508
Retained earnings (accumulated deficit) 9,730 (33,505)
Treasury stock, at cost (4,461,679 and 3,280,573 shares as of June 30, 2026 and December 31, 2025, respectively) (32,722) (21,528)
Total OppFi Inc.’s stockholders’ equity 414,255 58,484
Noncontrolling interest 0 250,392
Total stockholders’ equity 414,255 308,876
Total liabilities and stockholders’ equity 770,729 754,090
Variable Interest Entity, Primary Beneficiary    
Assets    
Cash 237 242
Restricted cash 12,745 30,097
Total cash and restricted cash 12,982 30,339
Finance receivables at fair value 398,590 462,656
Debt issuance costs, net 3,901 5,034
Other assets 20 61
Total assets 415,493 498,090
Liabilities:    
Accounts payable 15 0
Accrued expenses 2,736 3,373
Senior debt 276,453 321,353
Total liabilities 279,204 324,726
Class A Common Stock    
Stockholders’ equity:    
Common stock, value, issued 9 3
Class B Common Stock    
Stockholders’ equity:    
Common stock, value, issued 0 0
Class V Voting Stock    
Stockholders’ equity:    
Common stock, value, issued $ 0 $ 6
[1]
(1) Includes amounts in consolidated variable interest entities (“VIEs”) presented separately in the table below.