v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Class A
Common Class B
Blockchain Common Stock
Total Figure Technology Solutions, Inc. Stockholders’ Equity
Common Stock
Common Stock
Common Class A
Common Stock
Common Class B
Common Stock
Blockchain Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Deficit
Preferred Stock
Convertible Preferred Stock
Noncontrolling Interests in Consolidated Subsidiaries
Common stock, Beginning balance (in shares) at Dec. 31, 2024           69,300,284                
Beginning balance at Dec. 31, 2024 $ 363,375       $ 355,098 $ 2         $ 675,945 $ (320,851) $ 2 $ 8,277
Preferred Stock, Beginning balance (in shares) at Dec. 31, 2024                         111,900,495  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Exercise of stock options and warrants (in shares)           638,876                
Exercise of stock options and warrants 1,045       1,045           1,045      
Stock-based compensation expense 5,261       5,261           5,261      
Issuance of preferred stock warrants 5,404       5,404           5,404      
Dividends and redemptions of subsidiaries (106)                         (106)
Other equity contributions 100                         100
Net income (loss) 29,381       29,122             29,122   259
Common stock, Ending balance (in shares) at Jun. 30, 2025           69,939,160                
Ending balance at Jun. 30, 2025 404,460       395,930 $ 2         687,655 (291,729) $ 2 8,530
Preferred Stock, Ending balance (in shares) at Jun. 30, 2025                         111,900,495  
Common stock, Beginning balance (in shares) at Mar. 31, 2025           69,497,017                
Beginning balance at Mar. 31, 2025 368,530       360,127 $ 2         681,794 (321,671) $ 2 8,403
Preferred Stock, Beginning balance (in shares) at Mar. 31, 2025                         111,900,495  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Exercise of stock options and warrants (in shares)           442,143                
Exercise of stock options and warrants 537       537           537      
Stock-based compensation expense 2,847       2,847           2,847      
Issuance of preferred stock warrants 2,477       2,477           2,477      
Dividends and redemptions of subsidiaries (25)                         (25)
Other equity contributions 100                         100
Net income (loss) 29,994       29,942             29,942   52
Common stock, Ending balance (in shares) at Jun. 30, 2025           69,939,160                
Ending balance at Jun. 30, 2025 404,460       395,930 $ 2         687,655 (291,729) $ 2 8,530
Preferred Stock, Ending balance (in shares) at Jun. 30, 2025                         111,900,495  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Treasury stock, common, shares (in shares)                   0        
Common stock, Beginning balance (in shares) at Dec. 31, 2025   178,485,407 37,893,047 0     178,485,407 37,893,047 0          
Beginning balance at Dec. 31, 2025 $ 1,237,198       1,228,834   $ 19 $ 4 $ 0 $ 0 1,415,804 (186,993)   8,364
Preferred Stock, Beginning balance (in shares) at Dec. 31, 2025 0                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Exercise of stock options and warrants (in shares)             5,898,980              
Exercise of stock options and warrants $ 23,752       23,752           23,752      
Stock-based compensation expense 55,680       55,680           55,680      
Dividends and redemptions of subsidiaries 166       255             255   (89)
Settlement of restricted stock units (in shares)             1,351,833     569,513        
Settlement of restricted stock units (18,075)       (18,075)         $ (18,075)        
Conversions between Class A common stock and Blockchain common stock, net (in shares)             (6,941,715)   6,941,715          
Conversions between Class A common stock and Blockchain common stock, net 0       0   $ (1)   $ 1          
Class A common stock repurchases (in shares)                   312,500        
Class A common stock repurchases (9,700)       (9,700)         $ (9,700)        
Deconsolidation of subsidiary (8,394)                         (8,394)
Net income (loss) 132,483       132,391             132,391   92
Common stock, Ending balance (in shares) at Jun. 30, 2026   178,794,505 37,893,047 6,941,715     178,794,505 37,893,047 6,941,715          
Ending balance at Jun. 30, 2026 $ 1,413,110       1,413,137   $ 18 $ 4 $ 1 $ (27,775) 1,495,236 (54,347)   (27)
Preferred Stock, Ending balance (in shares) at Jun. 30, 2026 0                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Treasury stock, common, shares (in shares)                   593,103        
Common stock, Beginning balance (in shares) at Mar. 31, 2026             180,812,863 37,893,047 687,920          
Beginning balance at Mar. 31, 2026 $ 1,292,020       1,292,021   $ 19 $ 4 $ 0 $ (18,218) 1,452,264 (142,048)   (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Exercise of stock options and warrants (in shares)             3,516,792              
Exercise of stock options and warrants 14,939       14,939           14,939      
Stock-based compensation expense 28,033       28,033           28,033      
Dividends and redemptions of subsidiaries 239       255             255   (16)
Settlement of restricted stock units (in shares)             718,645     288,910        
Settlement of restricted stock units (9,557)       (9,557)         $ (9,557)        
Conversions between Class A common stock and Blockchain common stock, net (in shares)             (6,253,795)   6,253,795          
Conversions between Class A common stock and Blockchain common stock, net 0       0   $ (1)   $ 1          
Net income (loss) 87,436       87,446             87,446   (10)
Common stock, Ending balance (in shares) at Jun. 30, 2026   178,794,505 37,893,047 6,941,715     178,794,505 37,893,047 6,941,715          
Ending balance at Jun. 30, 2026 $ 1,413,110       $ 1,413,137   $ 18 $ 4 $ 1 $ (27,775) $ 1,495,236 $ (54,347)   $ (27)
Preferred Stock, Ending balance (in shares) at Jun. 30, 2026 0                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Treasury stock, common, shares (in shares)                   882,013