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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash [1] $ 14,011 $ 25,064
Restricted cash [1] 36,458 37,298
Total cash and restricted cash 50,469 62,362
Finance receivables at fair value [1] 458,065 383,890
Finance receivables at amortized cost, net of allowance for credit losses of $931 and $803 as of June 30, 2022 and December 31, 2021, respectively, and unearned income of $232 and $286 as of June 30, 2022 and December 31, 2021, respectively [1] 3,858 4,220
Debt issuance costs, net [1] 2,331 1,525
Property, equipment and software, net 14,735 14,643
Operating lease right of use asset 14,409 0
Deferred tax asset 24,118 25,593
Other assets [1] 11,985 9,873
Total assets 579,970 502,106
Liabilities:    
Accounts payable [1] 6,680 6,100
Accrued expenses [1] 20,162 29,595
Operating lease liability 16,930 0
Notes payable 2,508 0
Secured borrowing payable [1] 1,758 22,443
Senior debt, net [1] 338,369 251,578
Warrant liabilities 4,216 11,240
Tax receivable agreement liability 23,897 23,272
Total liabilities 414,520 344,228
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 September 30, 2022 and December 31, 2021) 0 0
Additional paid-in capital 65,886 61,672
Accumulated deficit (66,681) (70,723)
Treasury stock at cost, 703,914 shares as of September 30, 2022 (2,460) 0
Total OppFi Inc.'s stockholders' deficit (3,244) (9,040)
Noncontrolling interest 168,694 166,918
Total stockholders' equity 165,450 157,878
Total liabilities and stockholders' equity 579,970 502,106
Variable Interest Entity, Primary Beneficiary    
Assets    
Cash 84 46
Restricted cash 27,616 25,780
Total cash and restricted cash 27,700 25,826
Finance receivables at fair value 443,296 379,512
Debt issuance costs, net 2,331 1,525
Other assets 60 34
Total assets 473,387 406,897
Liabilities:    
Accounts payable 47 25
Accrued expenses 2,912 2,008
Secured borrowing payable 1,758 22,443
Senior debt, net 289,464 203,000
Total liabilities 294,181 227,476
Class A Common Stock    
Stockholders' equity:    
Common stock, value, issued 1 1
Class B Common Stock    
Stockholders' equity:    
Common stock, value, issued 0 0
Class V Voting Stock    
Stockholders' equity:    
Common stock, value, issued $ 10 $ 10
[1] (1) Includes amounts in consolidated variable interest entities ("VIEs") presented separately in the table below.