2024 Q3 Form 10-Q Financial Statement

#000182893724000092 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $290.1M
YoY Change -511.8%
Cost Of Revenue $14.72M
YoY Change
Gross Profit $551.0M
YoY Change
Gross Profit Margin 189.96%
Selling, General & Admin $55.81M
YoY Change -46.79%
% of Gross Profit 10.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.777M
YoY Change
% of Gross Profit 1.77%
Operating Expenses $80.31M
YoY Change -23.83%
Operating Profit $470.7M
YoY Change
Interest Expense -$275.7M
YoY Change -1085.72%
% of Operating Profit -58.56%
Other Income/Expense, Net -$1.592M
YoY Change -141.32%
Pretax Income $208.2M
YoY Change -220.63%
Income Tax $4.425M
% Of Pretax Income 2.13%
Net Earnings $84.20M
YoY Change -228.82%
Net Earnings / Revenue 29.03%
Basic Earnings Per Share $8.48
Diluted Earnings Per Share $7.50
COMMON SHARES
Basic Shares Outstanding 9.925M shares
Diluted Shares Outstanding 23.16M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.26M
YoY Change -32.94%
Cash & Equivalents $44.26M
Short-Term Investments
Other Short-Term Assets $176.1M
YoY Change -18.47%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $220.4M
YoY Change -22.13%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $225.6M
YoY Change -16.19%
Long-Term Investments $28.32B
YoY Change 10.64%
Other Assets $182.3M
YoY Change -24.03%
Total Long-Term Assets $28.73B
YoY Change 10.02%
TOTAL ASSETS
Total Short-Term Assets $220.4M
Total Long-Term Assets $28.73B
Total Assets $28.95B
YoY Change 9.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.536B
YoY Change 278.33%
Total Short-Term Liabilities $160.9M
YoY Change -72.96%
LONG-TERM LIABILITIES
Long-Term Debt $28.32B
YoY Change 10.42%
Other Long-Term Liabilities $13.59M
YoY Change -73.36%
Total Long-Term Liabilities $28.33B
YoY Change 10.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $160.9M
Total Long-Term Liabilities $28.33B
Total Liabilities $28.49B
YoY Change 8.37%
SHAREHOLDERS EQUITY
Retained Earnings -$639.8M
YoY Change -17.52%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $312.9M
YoY Change
Total Liabilities & Shareholders Equity $28.95B
YoY Change 9.67%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $84.20M
YoY Change -228.82%
Depreciation, Depletion And Amortization $9.777M
YoY Change
Cash From Operating Activities -$81.37M
YoY Change -35.37%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$54.66M
YoY Change -129.45%
Cash From Investing Activities -$54.66M
YoY Change -129.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 109.7M
YoY Change -187.7%
NET CHANGE
Cash From Operating Activities -81.37M
Cash From Investing Activities -54.66M
Cash From Financing Activities 109.7M
Net Change In Cash -26.32M
YoY Change -59.75%
FREE CASH FLOW
Cash From Operating Activities -$81.37M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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-141449000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9924671 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8772623 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9824171 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7980449 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
8.48
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-7.36
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.80
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-15.72
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-17.72
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23159304 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8772623 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23062616 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7980449 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.50
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-7.36
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
6.65
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-15.72
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.50
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-17.72
CY2024Q3 us-gaap Profit Loss
ProfitLoss
203748000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-174932000 usd
us-gaap Profit Loss
ProfitLoss
178320000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
23000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
33000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-24000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
52000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
203771000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-174899000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
178296000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-382769000 usd
CY2024Q3 foa Comprehensive Income Net Of Tax Attributable To Crnci
ComprehensiveIncomeNetOfTaxAttributableToCRNCI
119558000 usd
CY2023Q3 foa Comprehensive Income Net Of Tax Attributable To Crnci
ComprehensiveIncomeNetOfTaxAttributableToCRNCI
-109548000 usd
foa Comprehensive Income Net Of Tax Attributable To Crnci
ComprehensiveIncomeNetOfTaxAttributableToCRNCI
103730000 usd
foa Comprehensive Income Net Of Tax Attributable To Crnci
ComprehensiveIncomeNetOfTaxAttributableToCRNCI
-241339000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
84213000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
74566000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-141430000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
251297000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
203748000 usd
dei Document Type
DocumentType
10-Q
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal Statement Of Income Extensible List
DisposalGroupNotDiscontinuedOperationGainLossOnDisposalStatementOfIncomeExtensibleList
http://fasb.org/us-gaap/2024#IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
CY2023Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal Statement Of Income Extensible List
DisposalGroupNotDiscontinuedOperationGainLossOnDisposalStatementOfIncomeExtensibleList
http://fasb.org/us-gaap/2024#IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
225639000 usd
CY2024Q3 us-gaap Assets
Assets
28950384000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
27107590000 usd
foa Loans Gains Losses On Securitizations
LoansGainsLossesOnSecuritizations
32317000 usd
CY2023Q3 us-gaap Fee Income
FeeIncome
13201000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14405000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-172571000 usd
us-gaap Net Income Loss
NetIncomeLoss
74576000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.45
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-65351000 usd
CY2024Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
100000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1516000 usd
CY2024Q3 foa Restricted Stock Value Shares Issued Cancelled Net Of Tax Withholdings
RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings
28000 usd
CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
23000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
456456000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
273735000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-174932000 usd
CY2023Q3 foa Net Surrender To Settle Other Rs Us Value
NetSurrenderToSettleOtherRSUsValue
-1000 usd
CY2023Q3 foa Restricted Stock Value Shares Issued Cancelled Net Of Tax Withholdings
RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings
202000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
33000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
103609000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
272407000 usd
us-gaap Profit Loss
ProfitLoss
178320000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
100000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
6880000 usd
foa Net Surrender To Settle Other Rs Us Value
NetSurrenderToSettleOtherRSUsValue
0 usd
foa Restricted Stock Value Shares Issued Cancelled Net Of Tax Withholdings
RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings
1027000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-24000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
456456000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
404841000 usd
us-gaap Profit Loss
ProfitLoss
-382821000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
20337000 usd
foa Conversion Of Limited Liability Company Units For Common Stock Value
ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue
0 usd
foa Net Surrender To Settle Other Rs Us Value
NetSurrenderToSettleOtherRSUsValue
89000 usd
foa Restricted Stock Value Shares Issued Cancelled Net Of Tax Withholdings
RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings
2061000 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
30000000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
33172000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
52000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
103609000 usd
us-gaap Profit Loss
ProfitLoss
178320000 usd
us-gaap Profit Loss
ProfitLoss
-382821000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-495930000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
372588000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-317610000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10233000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
2084750000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
2335404000 usd
us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
1581575000 usd
us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
1445778000 usd
foa Purchases And Origination Of Mortgage Loans Held For Investment Subject To Nonrecourse Debt
PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt
31080000 usd
foa Purchases And Origination Of Mortgage Loans Held For Investment Subject To Nonrecourse Debt
PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt
63551000 usd
foa Payments On Mortgage Loans Held For Investment Subject To Nonrecourse Debt
PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt
671528000 usd
foa Payments On Mortgage Loans Held For Investment Subject To Nonrecourse Debt
PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt
1082012000 usd
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
85628000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
3000000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
71166000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
191000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5444000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
145598000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
139331000 usd
foa Proceeds From Issuance Of Hmbs Related Obligations
ProceedsFromIssuanceOfHmbsRelatedObligations
1457360000 usd
foa Proceeds From Issuance Of Hmbs Related Obligations
ProceedsFromIssuanceOfHmbsRelatedObligations
1553957000 usd
foa Payments On Hmbs Related Obligations
PaymentsOnHMBSRelatedObligations
1622531000 usd
foa Payments On Hmbs Related Obligations
PaymentsOnHMBSRelatedObligations
1433751000 usd
foa Proceeds From Issuance Of Nonrecourse Debt
ProceedsFromIssuanceOfNonrecourseDebt
813870000 usd
foa Proceeds From Issuance Of Nonrecourse Debt
ProceedsFromIssuanceOfNonrecourseDebt
1695339000 usd
foa Payments On Nonrecourse Debt
PaymentsOnNonrecourseDebt
630287000 usd
foa Payments On Nonrecourse Debt
PaymentsOnNonrecourseDebt
1378154000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
4492107000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
3530606000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
4366018000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
4133161000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
27047000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
12340000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3998000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1148000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
167550000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-123972000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
52000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4438000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5178000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
224801000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277436000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
220363000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
282614000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44258000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66341000 usd
CY2024Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
176105000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
216273000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
220363000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
282614000 usd
us-gaap Interest Paid Net
InterestPaidNet
274887000 usd
us-gaap Interest Paid Net
InterestPaidNet
210840000 usd
foa Loans Transferred To Loans Held For Sale At Fair Value From Loans Held For Investment At Fair Value
LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue
5424000 usd
foa Loans Transferred To Loans Held For Sale At Fair Value From Loans Held For Investment At Fair Value
LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue
3685000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates regarding loans held for investment, subject to HMBS related obligations, loans held for investment, subject to nonrecourse debt, other loans held for investment, HMBS related obligations, and nonrecourse debt are particularly subject to change. Actual results may differ from those estimates and assumptions due to factors such as changes in the economy, interest rates, secondary market pricing, prepayment assumptions, home prices, or discrete events affecting specific borrowers, and such differences could be material.</span></div>
CY2023Q3 us-gaap Interest Income Operating
InterestIncomeOperating
443999000 usd
CY2023Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
372459000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
71540000 usd
CY2023Q3 foa Loan Origination Gain Loss
LoanOriginationGainLoss
31376000 usd
CY2023Q3 foa Loans Gains Losses On Securitizations
LoansGainsLossesOnSecuritizations
7100000 usd
CY2023Q3 foa Loans Fair Value Gain Loss From Model Amortization
LoansFairValueGainLossFromModelAmortization
-56882000 usd
CY2023Q3 foa Loans Fair Value Gain Loss From Market Inputs Or Model Assumptions
LoansFairValueGainLossFromMarketInputsOrModelAssumptions
-122449000 usd
CY2023Q3 foa Net Fair Value Gains Losses On Mortgage Loans And Related Obligations
NetFairValueGainsLossesOnMortgageLoansAndRelatedObligations
-140855000 usd
CY2023Q3 us-gaap Fee Income
FeeIncome
13201000 usd
CY2023Q3 foa Gain Loss On Sales And Other Income From Loans Held For Sale Net
GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet
-6984000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7342000 usd
CY2023Q3 foa Other Income Expense Net
OtherIncomeExpenseNet
-141980000 usd
CY2023Q3 us-gaap Revenues
Revenues
-70440000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
1169624000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
970428000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
199196000 usd
foa Loan Origination Gain Loss
LoanOriginationGainLoss
88777000 usd
foa Loans Gains Losses On Securitizations
LoansGainsLossesOnSecuritizations
17095000 usd
foa Loans Fair Value Gain Loss From Model Amortization
LoansFairValueGainLossFromModelAmortization
-162386000 usd
foa Loans Fair Value Gain Loss From Market Inputs Or Model Assumptions
LoansFairValueGainLossFromMarketInputsOrModelAssumptions
-172168000 usd
foa Net Fair Value Gains Losses On Mortgage Loans And Related Obligations
NetFairValueGainsLossesOnMortgageLoansAndRelatedObligations
-228682000 usd
us-gaap Fee Income
FeeIncome
33377000 usd
foa Gain Loss On Sales And Other Income From Loans Held For Sale Net
GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet
-23464000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
21909000 usd
foa Other Income Expense Net
OtherIncomeExpenseNet
-240678000 usd
us-gaap Revenues
Revenues
-41482000 usd
CY2023Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
200000 usd
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
2200000 usd
CY2024Q3 us-gaap Notes Payable
NotesPayable
435700000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
410900000 usd
CY2024Q3 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
376800000 usd
CY2023Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
345600000 usd
CY2024Q3 foa Reverse Mortgage Loans Held For Investment Subject To Hmbs Related Obligations
ReverseMortgageLoansHeldForInvestmentSubjectToHMBSRelatedObligations
17493824000 usd
CY2023Q4 foa Reverse Mortgage Loans Held For Investment Subject To Hmbs Related Obligations
ReverseMortgageLoansHeldForInvestmentSubjectToHMBSRelatedObligations
16875437000 usd
CY2024Q3 foa Reverse Mortgage Loans Held For Sale
ReverseMortgageLoansHeldForSale
8783102000 usd
CY2023Q4 foa Reverse Mortgage Loans Held For Sale
ReverseMortgageLoansHeldForSale
8257750000 usd
CY2024Q3 foa Reverse Mortgage Loans Held For Investment
ReverseMortgageLoansHeldForInvestment
648344000 usd
CY2023Q4 foa Reverse Mortgage Loans Held For Investment
ReverseMortgageLoansHeldForInvestment
558577000 usd
CY2024Q3 foa Serviced Reverse Mortgage Loan Portfolio
ServicedReverseMortgageLoanPortfolio
27120807000 usd
CY2023Q4 foa Serviced Reverse Mortgage Loan Portfolio
ServicedReverseMortgageLoanPortfolio
25951142000 usd
CY2024Q3 foa Owned Reverse Mortgage Portfolio
OwnedReverseMortgagePortfolio
26925270000 usd
CY2023Q4 foa Owned Reverse Mortgage Portfolio
OwnedReverseMortgagePortfolio
25691764000 usd
CY2024Q3 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
460500000 usd
CY2023Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
478800000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Hmbs Obligations Unpaid Principal Balance
FairValueOptionLoansHeldForInvestmentSubjectToHMBSObligationsUnpaidPrincipalBalance
17493824000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Hmbs Obligations Fair Value Adjustments
FairValueOptionLoansHeldForInvestmentSubjectToHMBSObligationsFairValueAdjustments
1027513000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Hmbs Obligations
FairValueOptionLoansHeldForInvestmentSubjectToHMBSObligations
18521337000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Nonrecourse Debt Unpaid Principal Balance
FairValueOptionLoansHeldForInvestmentSubjectToNonrecourseDebtUnpaidPrincipalBalance
8826755000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Nonrecourse Debt Fair Value Adjustments
FairValueOptionLoansHeldForInvestmentSubjectToNonrecourseDebtFairValueAdjustments
270614000 usd
CY2024Q3 foa Fair Value Option Loans Held For Investment Subject To Nonrecourse Debt
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CY2024Q3 foa Forward Sale Contract Dilutive Shares
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foa Stockholders Equity Exchange Ratio
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1
foa Stockholders Equity Exchange Ratio
StockholdersEquityExchangeRatio
1

Files In Submission

Name View Source Status
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