Offerpad Solutions Inc. (OPAD)

Offerpad Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	30.96	43.02	75.97	97.24	169.82	43.94
Cash & Short-Term Investments	30.96	43.02	75.97	97.24	169.82	43.94
Cash Growth	-36.17%	-43.37%	-21.88%	-42.74%	286.49%	92.24%
Receivables	7.39	3.85	9.94	2.35	6.17	2.31
Inventory	162.37	214.17	276.5	664.7	1,133	171.36
Prepaid Expenses	2.21	2.56	5.24	6.83	9.81	2.88
Restricted Cash	2.69	30.61	3.97	43.06	24.62	6.8
Total Current Assets	205.61	294.21	371.61	814.18	1,343	227.29
Property, Plant & Equipment	16.86	17.71	7.86	10.66	9.93	8.23
Other Long-Term Assets	1	1.13	0.23	0.23	0.18	0.35
Total Assets	223.46	313.05	379.69	825.07	1,353	235.87
Accounts Payable	1.91	1.92	4.95	4.65	6.4	2.15
Accrued Expenses	6.7	7.97	10.11	23.39	32.45	10.54
Current Portion of Long-Term Debt	142.16	237.24	257.22	666.07	1,026	176.97
Current Portion of Leases	1.07	0.96	2.27	2.26	1.35	-
Other Current Liabilities	3.74	2.87	1.47	2.59	1.23	0.65
Total Current Liabilities	155.58	250.97	276.03	698.96	1,068	190.3
Long-Term Debt	14.64	-	-	-	-	4.71
Long-Term Leases	13.39	14.2	1.42	3.69	3.83	-
Other Long-Term Liabilities	-	0.23	0.47	0.54	24.06	-
Total Liabilities	183.61	265.4	277.92	703.19	1,096	195.01
Common Stock	0	0	0	0	0.02	-
Additional Paid-In Capital	537.46	507.7	499.66	402.54	389.6	5.91
Retained Earnings	-497.61	-460.05	-397.89	-280.67	-132.06	-138.52
Treasury Stock	-	-	-	-	-	-10.65
Total Common Equity	39.85	47.65	101.78	121.88	257.57	-143.26
Shareholders' Equity	39.85	47.65	101.78	121.88	257.57	40.87
Total Liabilities & Equity	223.46	313.05	379.69	825.07	1,353	235.87
Total Debt	171.26	252.41	260.91	672.02	1,031	181.68
Net Cash (Debt)	-140.31	-209.39	-184.95	-574.78	-861.55	-137.74
Net Cash Per Share	-4.92	-7.64	-7.01	-35.17	-90.23	-35.71
Filing Date Shares Outstanding	36.86	27.38	27.29	16.49	15.94	7.68
Total Common Shares Outstanding	34.93	27.38	27.23	16.48	15.93	7.68
Working Capital	50.02	43.25	95.58	115.22	275.36	36.99
Book Value Per Share	1.14	1.74	3.74	7.40	16.17	-18.65
Tangible Book Value	39.85	47.65	101.78	121.88	257.57	-143.26
Tangible Book Value Per Share	1.14	1.74	3.74	7.40	16.17	-18.65
Machinery	6.46	5.89	6.18	6.08	5.5	5.43
Construction In Progress	-	5.44	0.03	0.14	-	-
Leasehold Improvements	6.06	1.06	1.13	1.09	0.8	0.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q