Offerpad Solutions Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $26.5M | $43.0M | $76.0M | $97.2M | $169.8M | $43.9M |
| Accounts Receivable | $7.9M | $3.8M | $9.9M | $2.4M | $6.2M | $2.3M |
| Inventory | $93.8M | $214.2M | $276.5M | $664.7M | $1.13B | $171.4M |
| Total Current Assets | $131.7M | $294.2M | $371.6M | $814.2M | $1.34B | $227.3M |
| Property, Plant & Equipment | $14.7M | $9.1M | $4.5M | $5.2M | $5.1M | $8.2M |
| Goodwill | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — |
| Total Assets | $154.8M | $313.1M | $379.7M | $825.1M | $1.35B | $235.9M |
| Liabilities | ||||||
| Accounts Payable | $1.7M | $1.9M | $4.9M | $4.6M | $6.4M | $2.1M |
| Total Current Liabilities | $88.8M | $251.0M | $276.0M | $699.0M | $1.07B | $190.3M |
| Long-Term Debt | — | — | — | — | — | — |
| Total Liabilities | $116.6M | $265.4M | $277.9M | $703.2M | $1.10B | $195.0M |
| Stockholders' Equity | ||||||
| Retained Earnings | $-506.4M | $-460.0M | $-397.9M | $-280.7M | $-132.1M | $-138.5M |
| Total Stockholders' Equity | $38.2M | $47.7M | $101.8M | $121.9M | $257.6M | $-143.3M |