Accrued Expenses and Other Current Liabilities

9 Months Ended

Sep. 30, 2025

Accrued Liabilities and Other Liabilities [Abstract]

Accrued Expenses and Other Current Liabilities

Note 8 Accrued Expenses and Other Current Liabilities

Accrued Expenses

The Company’s accrued expenses consisted of the following (in thousands):


	September 30, 2025		December 31, 2024
Income taxes payable	$	2,861	$	1,476
Accrued professional and program fees		5,734		4,718
Accrued compensation		4,771		5,166
Sales tax payable		1,112		1,021
Accrued negative account balances		183		1,786
Accrued charitable contributions		-		2,223
Other		622		317
Total	$	15,283	$	16,707

Prior to the second quarter of 2025, accrued charitable contributions included amounts the Company had pledged related to charitable meal donations. The Company used a portion of tips received to make charitable cash donations to third parties who use the funds to provide meals to those in need. In February 2025, the Company discontinued the optional tips feature from Dave's business model. For the three and nine months ended September 30, 2025, the Company pledged $0 and approximately $0.5 million related to charitable donations, respectively. For the three and nine months ended September 30, 2024, the Company pledged approximately $1.3 million and $3.2 million related to charitable donations, respectively. These costs are expensed as incurred and are presented within other operating expenses in the condensed consolidated statements of operations.

Other Current Liabilities

The Company’s other current liabilities consisted of the following (in thousands):


	September 30, 2025		December 31, 2024
Deferred transaction costs	$	3,150	$	3,150
Unearned revenue	$	608	$	411
Forward commitment liability	$	454	$	-
Other		777		571
Total	$	4,989	$	4,132

Other current liabilities includes deferred transaction costs associated with the transactions consummated on January 5, 2022 as contemplated by that certain Agreement and Plan of Merger, dated as of June 7, 2021 among VPC Impact Acquisition Holdings III, Inc. (“VPCC”), Dave Inc., a Delaware corporation and other entities (the “Business Combination”). These transaction costs were also capitalized and included within additional paid in capital in the condensed consolidated balance sheets.