2022 Q4 Form 10-K Financial Statement

#000181850223000005 Filed on March 29, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $120.0M $452.9M $263.7M
YoY Change 25.09% 71.75% 31.69%
Cost Of Revenue $2.680M $10.42M $7.480M
YoY Change 21.82% 39.28% 81.41%
Gross Profit $117.4M $442.4M $343.1M
YoY Change 25.11% 28.96% 19.59%
Gross Profit Margin 97.77% 97.7% 130.12%
Selling, General & Admin $36.95M $145.8M $66.32M
YoY Change -20.55% 119.88% 133.13%
% of Gross Profit 31.48% 32.96% 19.33%
Research & Development $12.90M $13.70M
YoY Change -5.84% 52.22%
% of Gross Profit 2.92% 3.99%
Depreciation & Amortization $3.525M $13.58M $10.28M
YoY Change 17.77% 32.09% 52.73%
% of Gross Profit 3.0% 3.07% 3.0%
Operating Expenses $47.22M $190.1M $80.02M
YoY Change -9.9% 137.53% 113.68%
Operating Profit $70.13M -$6.342M $57.26M
YoY Change 69.43% -111.08% -26.14%
Interest Expense -$82.42M -$269.1M -$107.9M
YoY Change 108.14% 149.4% 459.57%
% of Operating Profit -117.53% -188.46%
Other Income/Expense, Net $2.381M $9.405M $30.54M
YoY Change -81.24% -69.2% -1670.39%
Pretax Income -$7.233M $3.063M $90.10M
YoY Change -143.47% -96.6% 16.23%
Income Tax -$2.034M -$277.0K $311.0K
% Of Pretax Income -9.04% 0.35%
Net Earnings $3.136M $7.098M $25.55M
YoY Change -72.56% -72.22% -67.03%
Net Earnings / Revenue 2.61% 1.57% 9.69%
Basic Earnings Per Share $0.51 $1.93
Diluted Earnings Per Share $0.22 $0.08 $1.93
COMMON SHARES
Basic Shares Outstanding 109.6M shares 13.91M shares 13.22M shares
Diluted Shares Outstanding 84.26M shares 13.23M shares

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.67M $49.67M $25.06M
YoY Change 98.17% 98.17% -2.1%
Cash & Equivalents $49.67M $49.67M $25.06M
Short-Term Investments
Other Short-Term Assets $550.0K $550.0K
YoY Change
Inventory
Prepaid Expenses
Receivables -$96.00K -$96.00K -$803.0K
Other Receivables $2.000M $2.000M $0.00
Total Short-Term Assets $49.67M $49.67M $25.06M
YoY Change 98.17% 98.17% -2.1%
LONG-TERM ASSETS
Property, Plant & Equipment $14.04M $27.63M $14.64M
YoY Change -4.12% 88.66% 38.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $60.19M $60.19M $62.89M
YoY Change -4.3% -4.3% 213.58%
Total Long-Term Assets $530.2M $530.2M $477.0M
YoY Change 11.14% 11.14% 83.31%
TOTAL ASSETS
Total Short-Term Assets $49.67M $49.67M $25.06M
Total Long-Term Assets $530.2M $530.2M $477.0M
Total Assets $579.8M $579.8M $502.1M
YoY Change 15.48% 15.48% 75.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.338M $6.338M $6.100M
YoY Change 3.9% 3.9% 342.03%
Accrued Expenses $39.78M $39.78M $29.60M
YoY Change 34.41% 34.41% 29.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $46.12M $46.12M $35.70M
YoY Change 29.19% 29.19% 47.71%
LONG-TERM LIABILITIES
Long-Term Debt $347.1M $347.1M $274.0M
YoY Change 26.65% 26.65% 73.32%
Other Long-Term Liabilities $73.63M $73.63M $34.51M
YoY Change 113.34% 113.34% 713.88%
Total Long-Term Liabilities $420.7M $420.7M $308.5M
YoY Change 36.35% 36.35% 90.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.12M $46.12M $35.70M
Total Long-Term Liabilities $420.7M $420.7M $308.5M
Total Liabilities $420.7M $420.7M $511.1M
YoY Change 22.21% -17.7% 174.06%
SHAREHOLDERS EQUITY
Retained Earnings -$63.55M
YoY Change -10.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $159.2M $159.2M -$9.040M
YoY Change
Total Liabilities & Shareholders Equity $579.8M $579.8M $502.1M
YoY Change 15.48% 15.48% 75.66%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income $3.136M $7.098M $25.55M
YoY Change -72.56% -72.22% -67.03%
Depreciation, Depletion And Amortization $3.525M $13.58M $10.28M
YoY Change 17.77% 32.09% 52.73%
Cash From Operating Activities $71.03M $243.3M $167.3M
YoY Change 50.32% 45.39% -12.89%
INVESTING ACTIVITIES
Capital Expenditures $3.100M $13.25M -$14.37M
YoY Change -181.36% -192.19% 34.07%
Acquisitions
YoY Change
Other Investing Activities -$70.70M -$304.0M -$185.1M
YoY Change -17.49% 64.23% 111.32%
Cash From Investing Activities -$73.80M -$317.2M -$199.5M
YoY Change -17.53% 59.04% 102.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.966M $61.26M $48.83M
YoY Change -95.89% 25.45% -158.05%
NET CHANGE
Cash From Operating Activities 71.03M $243.3M $167.3M
Cash From Investing Activities -73.80M -$317.2M -$199.5M
Cash From Financing Activities 1.966M $61.26M $48.83M
Net Change In Cash -799.0K -$12.69M $16.71M
YoY Change -114.37% -175.98% 72.61%
FREE CASH FLOW
Cash From Operating Activities $71.03M $243.3M $167.3M
Capital Expenditures $3.100M $13.25M -$14.37M
Free Cash Flow $67.93M $230.0M $181.7M
YoY Change 33.03% 26.59% -10.41%

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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-98312000 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1309000 usd
CY2021 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
51024000 usd
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
15776000 usd
CY2022 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 usd
CY2021 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
200000 usd
CY2020 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 usd
CY2022 opfi Payments For Reverse Recapitalization
PaymentsForReverseRecapitalization
0 usd
CY2021 opfi Payments For Reverse Recapitalization
PaymentsForReverseRecapitalization
91646000 usd
CY2020 opfi Payments For Reverse Recapitalization
PaymentsForReverseRecapitalization
0 usd
CY2022 opfi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 usd
CY2021 opfi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
91857000 usd
CY2020 opfi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 usd
CY2022 opfi Payments On Reverse Recapitalization Transaction
PaymentsOnReverseRecapitalizationTransaction
0 usd
CY2021 opfi Payments On Reverse Recapitalization Transaction
PaymentsOnReverseRecapitalizationTransaction
21591000 usd
CY2020 opfi Payments On Reverse Recapitalization Transaction
PaymentsOnReverseRecapitalizationTransaction
0 usd
CY2022 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-21687000 usd
CY2021 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
6418000 usd
CY2020 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-1383000 usd
CY2022 opfi Proceeds From Repayments Of Senior Debt
ProceedsFromRepaymentsOfSeniorDebt
92734000 usd
CY2021 opfi Proceeds From Repayments Of Senior Debt
ProceedsFromRepaymentsOfSeniorDebt
120943000 usd
CY2020 opfi Proceeds From Repayments Of Senior Debt
ProceedsFromRepaymentsOfSeniorDebt
-70944000 usd
CY2022 us-gaap Repayments Of Subordinated Debt
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0 usd
CY2021 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
4000000 usd
CY2020 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
0 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1627000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
0 usd
CY2021 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
0 usd
CY2020 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
6354000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4521000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2328000 usd
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2373000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
125000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2460000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
61255000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48829000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-12692000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62362000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45657000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
32086000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
22041000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
19973000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
356000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022 opfi Non Cash Change From Adopting Fair Value Option
NonCashChangeFromAdoptingFairValueOption
0 usd
CY2021 opfi Non Cash Change From Adopting Fair Value Option
NonCashChangeFromAdoptingFairValueOption
69435000 usd
CY2020 opfi Non Cash Change From Adopting Fair Value Option
NonCashChangeFromAdoptingFairValueOption
0 usd
CY2022 opfi Operating Lease Right Of Use Asset Recognized From Accounting Standard Update
OperatingLeaseRightOfUseAssetRecognizedFromAccountingStandardUpdate
15459000 usd
CY2022 opfi Operating Lease Liability Recognized From Accounting Standard Update
OperatingLeaseLiabilityRecognizedFromAccountingStandardUpdate
17972000 usd
CY2022 opfi Noncash Reclassification Of Finance Receivables At Amortized Cost To Assets Held For Sale
NoncashReclassificationOfFinanceReceivablesAtAmortizedCostToAssetsHeldForSale
550000 usd
CY2021 opfi Prepaid Insurance Financed With Promissory Notes
PrepaidInsuranceFinancedWithPromissoryNotes
0 usd
CY2020 opfi Prepaid Insurance Financed With Promissory Notes
PrepaidInsuranceFinancedWithPromissoryNotes
0 usd
CY2022 opfi Warrant Liabilities Recognized In Reverse Recapitalization
WarrantLiabilitiesRecognizedInReverseRecapitalization
0 usd
CY2021 opfi Warrant Liabilities Recognized In Reverse Recapitalization
WarrantLiabilitiesRecognizedInReverseRecapitalization
37645000 usd
CY2020 opfi Warrant Liabilities Recognized In Reverse Recapitalization
WarrantLiabilitiesRecognizedInReverseRecapitalization
0 usd
CY2022 opfi Adjustments To Additional Paid In Capital Recapitalization Transaction Costs
AdjustmentsToAdditionalPaidInCapitalRecapitalizationTransactionCosts
0 usd
CY2021 opfi Adjustments To Additional Paid In Capital Recapitalization Transaction Costs
AdjustmentsToAdditionalPaidInCapitalRecapitalizationTransactionCosts
78468000 usd
CY2020 opfi Adjustments To Additional Paid In Capital Recapitalization Transaction Costs
AdjustmentsToAdditionalPaidInCapitalRecapitalizationTransactionCosts
0 usd
CY2022 opfi Adjustments To Additional Paid In Capital Conversion Of Warrant Unit Liability
AdjustmentsToAdditionalPaidInCapitalConversionOfWarrantUnitLiability
0 usd
CY2021 opfi Adjustments To Additional Paid In Capital Conversion Of Warrant Unit Liability
AdjustmentsToAdditionalPaidInCapitalConversionOfWarrantUnitLiability
5517000 usd
CY2020 opfi Adjustments To Additional Paid In Capital Conversion Of Warrant Unit Liability
AdjustmentsToAdditionalPaidInCapitalConversionOfWarrantUnitLiability
0 usd
CY2022 opfi Noncash Forgiveness Of Paycheck Protection Program Loan
NoncashForgivenessOfPaycheckProtectionProgramLoan
0 usd
CY2021 opfi Noncash Forgiveness Of Paycheck Protection Program Loan
NoncashForgivenessOfPaycheckProtectionProgramLoan
6444000 usd
CY2020 opfi Noncash Forgiveness Of Paycheck Protection Program Loan
NoncashForgivenessOfPaycheckProtectionProgramLoan
0 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
Organization and Nature of Operations<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">OppFi Inc. (“OppFi”), formerly FG New America Acquisition Corp. (“FGNA”), collectively with its subsidiaries (“Company”), is a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products. OppFi’s primary products are offered by its installment loan product, OppLoans. OppFi’s products also include its payroll deduction secured installment loan product, SalaryTap, and credit card product, OppFi Card. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On July 20, 2021 (“Closing Date”), the Company completed a business combination pursuant to the Business Combination Agreement (“Business Combination Agreement”), dated as of February 9, 2021, by and among Opportunity Financial, LLC (“OppFi-LLC”), a Delaware limited liability company, OppFi Shares, LLC (“OFS”), a Delaware limited liability company, and Todd Schwartz (“Members’ Representative”), in his capacity as the representative of the members of OppFi-LLC (“Members”) immediately prior to the closing (“Closing”). The transactions contemplated by the Business Combination Agreement are referred to herein as the “Business Combination.” At the Closing, FGNA changed its name to “OppFi Inc.” OppFi’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”) and redeemable warrants exercisable for Class A Common Stock (“Public Warrants”) are listed on the New York Stock Exchange (“NYSE”) under the symbols “OPFI” and “OPFI WS,” respectively. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Following the Closing, the Company is organized in an “Up-C” structure in which substantially all of the assets and the business of the Company are held by OppFi-LLC and its subsidiaries, and OppFi’s only direct assets consist of Class A common units of OppFi-LLC (“OppFi Units”). As of December 31, 2022 and 2021, OppFi owned approximately 13.5% and 12.4% of the OppFi Units, respectively, and controls OppFi-LLC as the sole manager of OppFi-LLC in accordance with the terms of the Third Amended and Restated Limited Liability Company Agreement of OppFi-LLC (“OppFi A&amp;R LLCA”). All remaining OppFi Units (“Retained OppFi Units”) are beneficially owned by the Members. OFS holds a controlling voting interest in OppFi through its ownership of shares of Class V common stock, par value $0.0001 per share, of OppFi (“Class V Voting Stock”) in an amount equal to the number of Retained OppFi Units and therefore has the ability to control OppFi-LLC.</span></div>
CY2022Q4 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.135
CY2021Q4 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.124
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Use of estimates: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions, including those impacted by COVID-19, that affect the reported amounts of assets, liabilities and operations and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The judgements, assumptions, and estimates used by management are based on historical experience, management’s experience and qualitative factors. The areas subject to significant estimation techniques include, but are not limited to, the determination of fair value of installment finance receivables and warrants, the adequacy of the allowance for credit losses on finance receivables, valuation allowance of deferred tax assets, stock-based compensation expense and income tax provision. For the aforementioned estimates, it is reasonably possible the recorded amounts or related disclosures could significantly change in the near future as new information is available.</span></div>
CY2021Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
0 usd
CY2022 opfi Finance Receivables Originated Through Bank Partnership Arrangements Percentage
FinanceReceivablesOriginatedThroughBankPartnershipArrangementsPercentage
0.94
CY2021 opfi Finance Receivables Originated Through Bank Partnership Arrangements Percentage
FinanceReceivablesOriginatedThroughBankPartnershipArrangementsPercentage
0.89
CY2022Q4 opfi Finance Receivables Originated Through Bank Partnership Arrangements
FinanceReceivablesOriginatedThroughBankPartnershipArrangements
11200000 usd
CY2021Q4 opfi Finance Receivables Originated Through Bank Partnership Arrangements
FinanceReceivablesOriginatedThroughBankPartnershipArrangements
9500000 usd
CY2020Q2 opfi Financing Receivable Delinquency Percent Of Scheduled Payment Considered As A Qualifying Payment
FinancingReceivableDelinquencyPercentOfScheduledPaymentConsideredAsAQualifyingPayment
0.50
CY2020Q2 opfi Financing Receivable Delinquency Percent Of Scheduled Payment Considered As A Qualifying Payment
FinancingReceivableDelinquencyPercentOfScheduledPaymentConsideredAsAQualifyingPayment
0.90
CY2022 opfi Financing Receivable Nonaccrual Threshold Delinquency Period
FinancingReceivableNonaccrualThresholdDelinquencyPeriod
P60D
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
500000 usd
CY2022 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
12900000 usd
CY2021 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
13700000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
12700000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9300000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
6000000.0 usd
CY2021Q3 opfi Tax Receivable Agreement Liability Percent Of Tax Benefits With Provided Payment
TaxReceivableAgreementLiabilityPercentOfTaxBenefitsWithProvidedPayment
0.90
CY2021Q3 opfi Tax Receivable Agreement Liability Percent Of Tax Benefits Retained By Company
TaxReceivableAgreementLiabilityPercentOfTaxBenefitsRetainedByCompany
0.10
CY2022Q4 opfi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
25600000 usd
CY2022Q4 opfi Deferred Tax Assets Tax Receivable Agreement Liability
DeferredTaxAssetsTaxReceivableAgreementLiability
6200000 usd
CY2022Q4 opfi Additional Paid In Capital Tax Receivable Agreement Liability
AdditionalPaidInCapitalTaxReceivableAgreementLiability
19400000 usd
CY2021Q4 opfi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
23300000 usd
CY2021Q4 opfi Deferred Tax Assets Tax Receivable Agreement Liability
DeferredTaxAssetsTaxReceivableAgreementLiability
5600000 usd
CY2021Q4 opfi Additional Paid In Capital Tax Receivable Agreement Liability
AdditionalPaidInCapitalTaxReceivableAgreementLiability
17700000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
643000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4220000 usd
CY2021Q3 opfi Reverse Recapitalization Consideration Transferred
ReverseRecapitalizationConsiderationTransferred
806500000 usd
CY2021Q3 opfi Payments For Reverse Recapitalization
PaymentsForReverseRecapitalization
91600000 usd
CY2021Q3 opfi Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
30600000 usd
CY2021Q3 opfi Adjustments To Additional Paid In Capital Recapitalization Transaction Costs
AdjustmentsToAdditionalPaidInCapitalRecapitalizationTransactionCosts
-21600000 usd
CY2021Q3 opfi Reverse Recapitalization Transaction Costs Prepaid Expense
ReverseRecapitalizationTransactionCostsPrepaidExpense
800000 usd
CY2021Q3 opfi Reverse Recapitalization Transaction Costs Professional Fees
ReverseRecapitalizationTransactionCostsProfessionalFees
8200000 usd
CY2021Q3 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.118
CY2021Q3 opfi Tax Receivable Agreement Liability Percent Of Tax Benefits With Provided Payment
TaxReceivableAgreementLiabilityPercentOfTaxBenefitsWithProvidedPayment
0.90
CY2021Q3 opfi Reverse Recapitalization Deferred Income Tax Asset Net
ReverseRecapitalizationDeferredIncomeTaxAssetNet
24300000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Accrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentAccrualStatus
369643000 usd
CY2021Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Accrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentAccrualStatus
307059000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Nonaccrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentNonaccrualStatus
32537000 usd
CY2021Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Nonaccrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentNonaccrualStatus
25185000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustment
402180000 usd
CY2021Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustment
332244000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Accrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionAccrual
436552000 usd
CY2021Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Accrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionAccrual
369576000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Nonaccrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionNonaccrual
4944000 usd
CY2021Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Nonaccrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionNonaccrual
3677000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOption
441496000 usd
CY2021Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOption
373253000 usd
CY2022Q4 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
15800000 usd
CY2021Q4 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
10637000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Fair Value Option
FinancingReceivableAfterAllowanceForCreditLossFairValueOption
457296000 usd
CY2021Q4 opfi Financing Receivable After Allowance For Credit Loss Fair Value Option
FinancingReceivableAfterAllowanceForCreditLossFairValueOption
383890000 usd
CY2022Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
39316000 usd
CY2021Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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41009000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
730000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
5285000 usd
CY2022Q4 opfi Financing Receivables Accrued Interest And Fees Before Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesBeforeAllowanceForCreditLoss
9000 usd
CY2021Q4 opfi Financing Receivables Accrued Interest And Fees Before Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesBeforeAllowanceForCreditLoss
24000 usd
CY2022Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
0 usd
CY2021Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
286000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
96000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
803000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
803000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
55031000 usd
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
53146000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal
0 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal
-55031000 usd
CY2020 us-gaap Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal
0 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1940000 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
929000 usd
CY2020 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
81619000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2653000 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
126000 usd
CY2020 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
90174000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
6000 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
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0 usd
CY2020 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
10440000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
96000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
803000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
55031000 usd
CY2022 opfi Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Assets Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalAssetsHeldForSale
-1400000 usd
CY2020 opfi Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Assets Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalAssetsHeldForSale
-1400000 usd
CY2021 opfi Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Assets Held For Sale
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalAssetsHeldForSale
-1400000 usd
CY2021Q1 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLoss
0 usd
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLoss
4241000 usd
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLoss
4978000 usd
CY2021 us-gaap Securities Purchased Under Agreements To Resell Change In Method Credit Loss Expense Reversal
SecuritiesPurchasedUnderAgreementsToResellChangeInMethodCreditLossExpenseReversal
-4241000 usd
CY2020 us-gaap Securities Purchased Under Agreements To Resell Change In Method Credit Loss Expense Reversal
SecuritiesPurchasedUnderAgreementsToResellChangeInMethodCreditLossExpenseReversal
0 usd
CY2021 us-gaap Securities Purchased Under Agreements To Resell Credit Loss Expense Reversal
SecuritiesPurchasedUnderAgreementsToResellCreditLossExpenseReversal
0 usd
CY2020 us-gaap Securities Purchased Under Agreements To Resell Credit Loss Expense Reversal
SecuritiesPurchasedUnderAgreementsToResellCreditLossExpenseReversal
9168000 usd
CY2021 us-gaap Securities Purchased Under Agreement To Resell Allowance For Credit Loss Writeoff
SecuritiesPurchasedUnderAgreementToResellAllowanceForCreditLossWriteoff
0 usd
CY2020 us-gaap Securities Purchased Under Agreement To Resell Allowance For Credit Loss Writeoff
SecuritiesPurchasedUnderAgreementToResellAllowanceForCreditLossWriteoff
10755000 usd
CY2021 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss Recovery
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLossRecovery
0 usd
CY2020 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss Recovery
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLossRecovery
850000 usd
CY2021Q4 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLoss
0 usd
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Allowance For Credit Loss
SecuritiesPurchasedUnderAgreementsToResellAllowanceForCreditLoss
4241000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
8646000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
11779000 usd
CY2022Q4 opfi Accrual For Services Rendered And Goods Purchased
AccrualForServicesRenderedAndGoodsPurchased
8589000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
100000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
100000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
51419000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
39357000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37380000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24714000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14039000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14643000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
13600000 usd
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
10300000 usd
CY2020 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6700000 usd
CY2021Q4 opfi Accrual For Services Rendered And Goods Purchased
AccrualForServicesRenderedAndGoodsPurchased
10631000 usd
CY2022Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
0 usd
CY2021Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
2513000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
5985000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
4672000 usd
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
23220000 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
29595000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q4 opfi Number Of Office Facility
NumberOfOfficeFacility
1 office_facility
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
900000 usd
CY2022Q4 opfi Lessor Operating Lease Payments To Be Received Deferred Lease Revenue
LessorOperatingLeasePaymentsToBeReceivedDeferredLeaseRevenue
800000 usd
CY2022 opfi Lessor Operating Lease Remaining Lease Term
LessorOperatingLeaseRemainingLeaseTerm
P32M
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
500000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
4400000 usd
CY2022 us-gaap Variable Lease Payment
VariableLeasePayment
2300000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
53000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2300000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2271000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
465000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
53000 usd
CY2022 us-gaap Lease Cost
LeaseCost
4359000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2339000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2410000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2482000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2557000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2633000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7650000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
20071000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3513000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
16558000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3800000 usd
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3100000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2271000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2339000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2410000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2482000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2557000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
10283000000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
22342000000 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1900000 usd
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
11200000 usd
CY2021Q3 opfi Number Of Classes Of Partnership Interests
NumberOfClassesOfPartnershipInterests
2 class
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3375000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.23
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y7M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
553794 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.94
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1949822 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.29
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1978972 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.99
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y8M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1118750 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
15.23
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P8Y7M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1700000 usd
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
6100000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.33
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.45
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.6000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.6500
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0171
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0302
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
200000 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
100000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3100000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.090
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90100000 usd
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-4000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-350000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-225000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
312000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
582000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-239000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-42000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-277000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
311000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
643000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18922000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
25593000 usd
CY2021Q3 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
18900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
16200000 usd
CY2021Q3 opfi Tax Receivable Agreement Liability Percent Of Tax Benefits With Provided Payment
TaxReceivableAgreementLiabilityPercentOfTaxBenefitsWithProvidedPayment
0.90
CY2021Q3 opfi Tax Receivable Agreement Liability Percent Of Tax Benefits Retained By Company
TaxReceivableAgreementLiabilityPercentOfTaxBenefitsRetainedByCompany
0.10
opfi Tax Receivable Agreement Liability Increase Decrease
TaxReceivableAgreementLiabilityIncreaseDecrease
2400000 usd
CY2022 opfi Deferred Tax Assets Tax Receivable Agreement Liability Increase Decrease
DeferredTaxAssetsTaxReceivableAgreementLiabilityIncreaseDecrease
600000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
73000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
549000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
CY2022 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Amount
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsAmount
-1964000 usd
CY2022 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Percent
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsPercent
-0.641
CY2021 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Amount
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsAmount
-5545000 usd
CY2021 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Percent
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsPercent
-0.062
CY2020 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Amount
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsAmount
0 usd
CY2020 opfi Effective Income Tax Rate Reconciliation Fair Market Value Adjustments Of Warrants Percent
EffectiveIncomeTaxRateReconciliationFairMarketValueAdjustmentsOfWarrantsPercent
0
CY2022 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Amount
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityAmount
981000 usd
CY2022 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Percent
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityPercent
0.320
CY2021 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Amount
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityAmount
-13615000 usd
CY2021 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Percent
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityPercent
-0.151
CY2020 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Amount
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityAmount
0 usd
CY2020 opfi Effective Income Tax Rate Reconciliation Effect Of Flow Through Entity Percent
EffectiveIncomeTaxRateReconciliationEffectOfFlowThroughEntityPercent
0
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-10000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.003
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-277000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.090
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
311000 usd
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
16239000 usd
CY2021Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
16951000 usd
CY2022Q4 opfi Deferred Tax Assets Tax Receivable Agreement Liability
DeferredTaxAssetsTaxReceivableAgreementLiability
6195000 usd
CY2021Q4 opfi Deferred Tax Assets Tax Receivable Agreement Liability
DeferredTaxAssetsTaxReceivableAgreementLiability
5583000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3603000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1609000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
580000 usd
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
618000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
82000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
603000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
60000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
229000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
26758000 usd
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
20000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
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0 usd
CY2022 opfi Unrecognized Tax Benefits Other Net
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0 usd
CY2021 opfi Unrecognized Tax Benefits Other Net
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0 usd
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20000 usd
CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2022 opfi Interest And Fee Income Loans And Leases Gross
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451448000 usd
CY2021 opfi Interest And Fee Income Loans And Leases Gross
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CY2020 opfi Interest And Fee Income Loans And Leases Gross
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CY2022 us-gaap Amortization Of Deferred Loan Origination Fees Net
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0 usd
CY2021 us-gaap Amortization Of Deferred Loan Origination Fees Net
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0 usd
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-31940000 usd
CY2022 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
451448000 usd
CY2021 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
349029000 usd
CY2020 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
290225000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
32790000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
21809000 usd
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
18722000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2372000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2310000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1945000 usd
CY2022 opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
35162000 usd
CY2021 opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
24119000 usd
CY2020 opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
20667000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16239000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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33431000 usd
CY2022Q4 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
15800000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
643000 usd
CY2022Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2000000 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
550000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
756000 usd
CY2022Q4 us-gaap Senior Notes
SeniorNotes
344688000 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
1616000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25064000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2021Q4 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
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10637000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
4220000 usd
CY2021Q4 us-gaap Secured Debt
SecuredDebt
22443000 usd
CY2021Q4 us-gaap Senior Notes
SeniorNotes
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CY2021Q4 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
300000 usd
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1500000 usd
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1500000 usd
CY2022 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
1500000 usd
CY2022 us-gaap Management Fee Expense
ManagementFeeExpense
0 usd
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
400000 usd
CY2020 us-gaap Management Fee Expense
ManagementFeeExpense
700000 usd
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.04
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1500000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1500000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
7098000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
25554000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7098000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25554000 usd
CY2022 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2021 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2022 opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
-908000 usd
CY2021 opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
4626000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4248000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40199000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13913626 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13218119 shares
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
70342458 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
71255920 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84256084 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84474039 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.93
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
45062796 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
46060058 shares

Files In Submission

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opfi-20221231_cal.xml Edgar Link unprocessable
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0001818502-23-000005-index.html Edgar Link pending
0001818502-23-000005.txt Edgar Link pending
0001818502-23-000005-xbrl.zip Edgar Link pending
exhibit105-oppfispeixxcast.htm Edgar Link pending
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opfi-20221231_htm.xml Edgar Link completed
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