$BETR Cashflow Statement | Understand Stock

$BETR

$17.72 +$1.00 (5.98%) Close

$BETR Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash Flows from Operating Activities:
Net income (loss)
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment
Impairment charges, net
Amortization of internal use software and other intangible assets
Gain on sale of loans, net
Non-cash interest and amortization of debt issuance costs and discounts
Other non-cash adjustments
Change in fair value of warrants and equity related liabilities
Offering cost allocated to warrant liability
Fair value adjustment of over-allotment option liablity
Expenses paid by the Sponsor
Interest earned on marketable securities held in Trust Account
Gain on Deferred Underwriting Fee
Change in fair value of over-allotment option liability
Change in fair value of convertible preferred stock warrants
Change in fair value of bifurcated derivative
Stock-based compensation
Recovery of loan repurchase reserve
Provision for credit losses
Amortization/accretion of deferred fees and costs
Change in fair value of derivatives
Change in fair value of loans held for investment attributable to hedged risk
Change in fair value of mortgage loans held for sale
Change in right-of-use assets
Loss on disposal of assets held for sale
Change in operating lease of right-of-use assets
Originations of mortgage loans held for sale
Proceeds from sale of mortgage loans held for sale
Change in operating assets and liabilities:
Related party receivable
Prepaid expenses and other current assets
Other receivables, net
Prepaid expenses and other assets
Operating lease liabilities
Accounts payable and accrued expenses
Deferred credit liability
Escrow payable
Escrow payable and other customer accounts
Other liabilities

Net cash used in operating activities

Cash Flows from Investing Activities:
Investment of cash into Trust Account
Purchase of property and equipment
Payment to dispose of assets held for sale
Proceeds from sale of property and equipment
Capitalization of internal use software
Acquisitions of businesses, net of cash acquired
Maturities of short-term investments
Purchase of short-term investments
Origination of loans held for investment
Principal payments received on loans held for investment
Net cash used in investing activities

Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid
Proceeds from sale of Private Placement Units
Proceeds from sale of Private Placement Warrants
Proceeds from promissory note - related party
Issuance of convertible notes
Principal payments on convertible notes
Exercise of convertible preferred stock warrants
Proceeds from Business Combination
Principal payments on senior notes
Net borrowings on warehouse lines of credit
Repayments on finance lease liabilities
Net increase in customer deposits
Repayments on corporate line of credit
Payment of debt issuance costs
Transaction costs related to the Business Combination
Proceeds from issuance of common stock under at-the-market offering
Borrowings on warehouse lines of credit
Repayments of warehouse lines of credit
Proceeds from issuance of common stock and exercise of stock options
Repurchase or cancellation of common stock
Net cash provided by financing activities

Effects of currency translation on cash, cash equivalents, and restricted cash
Net decrease in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale
Less: net change in cash, cash equivalents and restricted cash classified within assets held for sale
Cash, cash equivalents, and restricted cash—Beginning of year
Cash, cash equivalents, and restricted cash—End of year
Deferred Offering Cost
Proceeds from Promissory Note with Related Party for Offering Cost
Initial classification of Class A ordinary share subject to possible redemption
Deferred underwriting fee payable
Initial Classification of Warrant liability
Remeasurement for Class A ordinary shares subject to redemption amount
Supplemental Disclosure of Cash Flow Information:
Interest paid
Income taxes paid/(refunded)
Non-Cash Investing and Financing Activities:
Assumption private placement and public warrants
Convertible notes exchange
Reduction of lease liability via modification/termination
Recognition of derivative liability related to earnout
Capitalization of stock-based compensation related to internal use software
Vesting of stock options early exercised in prior periods
Vesting of common stock issued via notes receivable from stockholders
Acquisition earnout
Forgiveness of notes receivable from stockholders
Settlement of notes receivable from stockholders
Reclasses to internal use software
Termination of notes receivable from stockholders
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Cash and cash equivalents, end of year
Restricted cash, end of year

Comments