Offerpad Solutions Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-13.8M | $-17.5M | $-15.4M | $-20.0M | $-22.3M | $-59.4M | $-121.1M | $-80.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $100.0K | $166.0K | $126.0K | $200.0K | $200.0K | $202.0K | $203.0K | $500.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $3.2M | $3.9M | $2.0M | $2.0M | $2.1M | $1.8M | $2.0M | $2.3M |
| Net Cash from Operating Activities | $-54.4M | $2.4M | $-15.3M | $-94.5M | $-54.9M | $426.4M | $397.3M | $20.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.0K | $353.0K | $37.0K | $0 | $15.0K | $75.0K | $153.0K | $192.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $5.0K | $-323.0K | $1.7M | $2.3M | $-675.0K | $-1.3M | $-153.0K | $-192.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $48.8M | $-3.5M | $-19.8M | $83.4M | $34.9M | $-422.5M | $-480.5M | $3.4M |
| Net Change in Cash | $-5.5M | $-1.4M | $-33.5M | $-8.8M | $-20.7M | $2.6M | $-83.4M | $23.7M |
| Free Cash Flow | $-54.4M | $2.0M | $-15.4M | $-94.5M | $-55.0M | $426.4M | $397.2M | $20.4M |