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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
Q4 FY2020
As of Dec 31, 2020
Q3 FY2020
As of Sep 30, 2020
Q2 FY2020
As of Jun 30, 2020
Assets
Current assets
Cash and cash equivalents
Restricted cash
Short-term investments
Accounts receivable, net of allowances for credit losses of $5,531 and $4,571
Inventory
Loans held for sale
Prepaid expenses
Other current assets
Total current assets
Property and equipment, net
Right-of-use assets, net
Mortgage servicing rights, at fair value
Long-term investments
Goodwill
Intangible assets, net
Contract asset, noncurrent
Other assets, noncurrent
Total assets
Liabilities and stockholders' deficit
Current liabilities
Accounts payable
Accrued and other liabilities
Warehouse credit facilities
Secured revolving credit facility
Convertible senior notes, net
Lease liabilities
Total current liabilities
Lease liabilities, noncurrent
Convertible senior notes, net, noncurrent
Term loan
Deferred revenue, noncurrent
Deferred tax liabilities
Total liabilities
Series A convertible preferred stock—par value $0.001 per share; 10,000,000 shares authorized; 0 and 40,000 shares issued and outstanding at December 31, 2024 and 2023, respectively
Stockholders’ deficit
Common stock—par value $0.001 per share; 500,000,000 shares authorized; 128,022,988 and 126,389,290 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Total stockholders’ deficit
Total liabilities and stockholders’ deficit
Total current assets of discontinued operations
Disposal Group, Including Discontinued Operation, Assets, Noncurrent
Total current liabilities of discontinued operations
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent

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