2023 Q4 Form 10-Q Financial Statement

#000181850223000016 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $132.9M $75.67M
YoY Change 10.74% 43.78%
Cost Of Revenue $2.677M $3.000M
YoY Change -0.11% 8.23%
Gross Profit $130.2M $130.2M
YoY Change 10.99% 7.19%
Gross Profit Margin 97.99% 172.07%
Selling, General & Admin $34.66M $17.83M
YoY Change -6.18% 12.52%
% of Gross Profit 26.61% 13.69%
Research & Development $2.200M
YoY Change -29.03%
% of Gross Profit 1.69%
Depreciation & Amortization $2.935M $3.100M
YoY Change -16.74% -10.2%
% of Gross Profit 2.25% 2.38%
Operating Expenses $45.19M $20.03M
YoY Change -4.31% 5.72%
Operating Profit $85.06M $15.58M
YoY Change 21.3% -1707.95%
Interest Expense -$79.03M -$12.10M
YoY Change -4.12% -84.71%
% of Operating Profit -92.91% -77.66%
Other Income/Expense, Net -$5.734M $400.0K
YoY Change -340.82% -46.02%
Pretax Income $2.976M $16.00M
YoY Change -141.14% 3900.0%
Income Tax $1.034M $500.0K
% Of Pretax Income 34.74% 3.13%
Net Earnings -$5.567M $2.169M
YoY Change -277.52% -479.86%
Net Earnings / Revenue -4.19% 2.87%
Basic Earnings Per Share $0.13
Diluted Earnings Per Share -$0.31 $0.13
COMMON SHARES
Basic Shares Outstanding 110.7M shares 110.5M shares
Diluted Shares Outstanding 17.06M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.94M $31.10M
YoY Change 48.87% 121.97%
Cash & Equivalents $73.94M $31.13M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables -$346.0K -$2.100M
Other Receivables $1.904M $2.900M
Total Short-Term Assets $73.94M $31.90M
YoY Change 48.87% 127.68%
LONG-TERM ASSETS
Property, Plant & Equipment $22.47M $11.10M
YoY Change 60.07% -24.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $67.93M $59.60M
YoY Change 12.86% -1.61%
Total Long-Term Assets $527.6M $568.7M
YoY Change -0.48% 0.48%
TOTAL ASSETS
Total Short-Term Assets $73.94M $31.90M
Total Long-Term Assets $527.6M $568.7M
Total Assets $601.5M $600.6M
YoY Change 3.74% 3.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.442M $3.600M
YoY Change -29.91% -46.11%
Accrued Expenses $37.07M $37.40M
YoY Change -6.82% 0.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.449M
YoY Change
Total Short-Term Liabilities $42.96M $41.00M
YoY Change -6.85% -6.33%
LONG-TERM LIABILITIES
Long-Term Debt $334.1M $344.3M
YoY Change -3.73% 0.49%
Other Long-Term Liabilities $73.40M $25.40M
YoY Change -0.31% -9.65%
Total Long-Term Liabilities $407.5M $369.7M
YoY Change -3.13% -0.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.96M $41.00M
Total Long-Term Liabilities $407.5M $369.7M
Total Liabilities $407.5M $410.8M
YoY Change -3.13% -0.91%
SHAREHOLDERS EQUITY
Retained Earnings -$63.59M -$58.52M
YoY Change 0.07% -12.24%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $194.0M $11.41M
YoY Change
Total Liabilities & Shareholders Equity $601.5M $600.6M
YoY Change 3.74% 3.56%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$5.567M $2.169M
YoY Change -277.52% -479.86%
Depreciation, Depletion And Amortization $2.935M $3.100M
YoY Change -16.74% -10.2%
Cash From Operating Activities $82.55M $75.00M
YoY Change 16.21% 7.95%
INVESTING ACTIVITIES
Capital Expenditures $2.091M $2.300M
YoY Change -32.55% -171.05%
Acquisitions
YoY Change
Other Investing Activities -$62.20M -$74.50M
YoY Change -12.02% -1.74%
Cash From Investing Activities -$64.29M -$76.80M
YoY Change -12.88% -2.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.38M 5.700M
YoY Change -628.03% 136.81%
NET CHANGE
Cash From Operating Activities 82.55M 75.00M
Cash From Investing Activities -64.29M -76.80M
Cash From Financing Activities -10.38M 5.700M
Net Change In Cash 7.873M 3.900M
YoY Change -1085.36% -154.4%
FREE CASH FLOW
Cash From Operating Activities $82.55M $75.00M
Capital Expenditures $2.091M $2.300M
Free Cash Flow $80.46M $72.70M
YoY Change 18.43% -0.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
4131000 usd
us-gaap Marketing Expense
MarketingExpense
45828000 usd
opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
34679000 usd
opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
24421000 usd
CY2022Q3 opfi Payment Processing Fees
PaymentProcessingFees
2772000 usd
opfi Payment Processing Fees
PaymentProcessingFees
7762000 usd
CY2022Q3 us-gaap Occupancy Net
OccupancyNet
1091000 usd
CY2023Q3 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
66000 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
CY2023Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
0 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
550000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4049000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14039000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13587000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
26758000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
11247000 usd
CY2022Q4 us-gaap Assets
Assets
579839000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
6338000 usd
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
23220000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
16558000 usd
CY2023Q3 us-gaap Secured Debt
SecuredDebt
0 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
756000 usd
CY2023Q3 us-gaap Senior Notes
SeniorNotes
342172000 usd
CY2022Q4 us-gaap Senior Notes
SeniorNotes
344688000 usd
CY2022Q4 us-gaap Other Notes Payable
OtherNotesPayable
1616000 usd
CY2023Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1050000 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1888000 usd
CY2023Q3 opfi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
24388000 usd
CY2022Q4 opfi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
25625000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
410759000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
420689000 usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
72383000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
65501000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-58521000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63546000 usd
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
703914 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
703914 shares
CY2023Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2460000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
11413000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-494000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
178420000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
159644000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
189833000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
159150000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
600592000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
579839000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2083000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
96000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
89218 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.03
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q3 us-gaap Other Notes Payable
OtherNotesPayable
2173000 usd
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2460000 usd
CY2023Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
132090000 usd
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
123605000 usd
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
373615000 usd
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
331814000 usd
CY2023Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1075000 usd
CY2022Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
639000 usd
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
2410000 usd
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1015000 usd
CY2023Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
133165000 usd
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
124244000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
376025000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
332829000 usd
CY2023Q3 opfi Gain Loss Due To Change In Fair Value Of Finance Receivables
GainLossDueToChangeInFairValueOfFinanceReceivables
-57302000 usd
CY2022Q3 opfi Gain Loss Due To Change In Fair Value Of Finance Receivables
GainLossDueToChangeInFairValueOfFinanceReceivables
-70601000 usd
opfi Gain Loss Due To Change In Fair Value Of Finance Receivables
GainLossDueToChangeInFairValueOfFinanceReceivables
-164463000 usd
opfi Gain Loss Due To Change In Fair Value Of Finance Receivables
GainLossDueToChangeInFairValueOfFinanceReceivables
-162280000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
195000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1017000 usd
CY2023Q3 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
75668000 usd
CY2022Q3 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
52626000 usd
CY2023Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
14761000 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
5067000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
10056000 usd
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
9587000 usd
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
9723000 usd
opfi Payment Processing Fees
PaymentProcessingFees
7738000 usd
us-gaap Occupancy Net
OccupancyNet
3322000 usd
us-gaap Occupancy Net
OccupancyNet
3231000 usd
CY2023Q3 opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
0 usd
CY2022Q3 opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
0 usd
opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
2983000 usd
opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
0 usd
us-gaap Noninterest Expense
NoninterestExpense
165234000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
3272000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7024000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38835000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1015000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1297000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-661000 usd
us-gaap Profit Loss
ProfitLoss
37538000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-90000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
32976000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-571000 usd
us-gaap Net Income Loss
NetIncomeLoss
4562000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13972971 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15820262 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13972971 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16046831 shares
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
176990000 usd
CY2023Q3 opfi Stock Issued During Period Value Exchange Of Shares
StockIssuedDuringPeriodValueExchangeOfShares
0 usd
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
171000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1086000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
280000 usd
CY2023Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
2730000 usd
CY2023Q3 opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
-21000 usd
CY2023Q3 opfi Adjustments To Additional Paid In Capital Deferred Tax Asset
AdjustmentsToAdditionalPaidInCapitalDeferredTaxAsset
915000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
15532000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
189833000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
165498000 usd
CY2022Q3 opfi Stock Issued During Period Value Exchange Of Shares
StockIssuedDuringPeriodValueExchangeOfShares
0 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
125000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
762000 usd
CY2022Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
307000 usd
CY2022Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
152000 usd
CY2022Q3 opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
185000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-661000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
165450000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
159150000 usd
opfi Stock Issued During Period Value Exchange Of Shares
StockIssuedDuringPeriodValueExchangeOfShares
0 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
328000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3070000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
280000 usd
us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
10240000 usd
opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
938000 usd
opfi Adjustments To Additional Paid In Capital Deferred Tax Asset
AdjustmentsToAdditionalPaidInCapitalDeferredTaxAsset
671000 usd
us-gaap Profit Loss
ProfitLoss
37538000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
189833000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
157878000 usd
opfi Stock Issued During Period Value Exchange Of Shares
StockIssuedDuringPeriodValueExchangeOfShares
0 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
125000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2391000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2460000 usd
us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
1315000 usd
opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
292000 usd
us-gaap Profit Loss
ProfitLoss
8539000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
165450000 usd
us-gaap Profit Loss
ProfitLoss
37538000 usd
us-gaap Profit Loss
ProfitLoss
8539000 usd
opfi Change In Fair Value Of Finance Receivables
ChangeInFairValueOfFinanceReceivables
-164463000 usd
opfi Change In Fair Value Of Finance Receivables
ChangeInFairValueOfFinanceReceivables
-162280000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
4131000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
2043000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9827000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
10056000 usd
opfi Debt Issuance Cost Amortization
DebtIssuanceCostAmortization
1872000 usd
opfi Debt Issuance Cost Amortization
DebtIssuanceCostAmortization
1626000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3070000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2391000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2000 usd
opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
2983000 usd
opfi Gain On Transfer Of Finance Receivables From Held For Sale To Held For Investment
GainOnTransferOfFinanceReceivablesFromHeldForSaleToHeldForInvestment
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
248000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1475000 usd
opfi Gain Loss On Tax Receivable Agreement Liability
GainLossOnTaxReceivableAgreementLiability
0 usd
opfi Gain Loss On Tax Receivable Agreement Liability
GainLossOnTaxReceivableAgreementLiability
-625000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-838000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7024000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
113000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
600000 usd
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
4637000 usd
us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
902000 usd
us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
0 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-54000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
8000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1398000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1131000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2769000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
580000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-701000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6832000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
213588000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
172263000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
540313000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
556441000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
367217000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
323146000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6887000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
10150000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-179983000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-243445000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
10240000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1315000 usd
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-643000 usd
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-20685000 usd
opfi Proceeds From Repayments Of Senior Debt
ProceedsFromRepaymentsOfSeniorDebt
-2907000 usd
opfi Proceeds From Repayments Of Senior Debt
ProceedsFromRepaymentsOfSeniorDebt
86464000 usd
opfi Proceeds From Repayment Of Note Payable
ProceedsFromRepaymentOfNotePayable
-1857000 usd
opfi Proceeds From Repayment Of Note Payable
ProceedsFromRepaymentOfNotePayable
-735000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1649000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2105000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
328000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
125000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
280000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2460000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17248000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59289000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
16357000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-11893000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49670000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62362000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66027000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50469000 usd
us-gaap Interest Paid Net
InterestPaidNet
32276000 usd
us-gaap Interest Paid Net
InterestPaidNet
22296000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
73000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
337000 usd
opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
938000 usd
opfi Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability
292000 usd
opfi Adjustments To Additional Paid In Capital As A Result Of Adjustment To Deferred Tax Asset
AdjustmentsToAdditionalPaidInCapitalAsAResultOfAdjustmentToDeferredTaxAsset
-671000 usd
opfi Adjustments To Additional Paid In Capital As A Result Of Adjustment To Deferred Tax Asset
AdjustmentsToAdditionalPaidInCapitalAsAResultOfAdjustmentToDeferredTaxAsset
0 usd
opfi Operating Lease Right Of Use Asset Recognized From Accounting Standard Update
OperatingLeaseRightOfUseAssetRecognizedFromAccountingStandardUpdate
159000 usd
opfi Operating Lease Liability Recognized From Accounting Standard Update
OperatingLeaseLiabilityRecognizedFromAccountingStandardUpdate
159000 usd
opfi Operating Lease Right Of Use Asset Recognized From Accounting Standard Update
OperatingLeaseRightOfUseAssetRecognizedFromAccountingStandardUpdate
15459000 usd
opfi Operating Lease Liability Recognized From Accounting Standard Update
OperatingLeaseLiabilityRecognizedFromAccountingStandardUpdate
17972000 usd
opfi Noncash Reclassification Of Finance Receivables Assets Held For Sale To Held For Investment
NoncashReclassificationOfFinanceReceivablesAssetsHeldForSaleToHeldForInvestment
2637000 usd
opfi Noncash Reclassification Of Finance Receivables Assets Held For Sale To Held For Investment
NoncashReclassificationOfFinanceReceivablesAssetsHeldForSaleToHeldForInvestment
0 usd
opfi Prepaid Insurance Financed With Promissory Notes
PrepaidInsuranceFinancedWithPromissoryNotes
2414000 usd
opfi Prepaid Insurance Financed With Promissory Notes
PrepaidInsuranceFinancedWithPromissoryNotes
3243000 usd
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 tech-enabled, mission-driven specialty fintech platform that broadens the reach of community banks to extend credit access to everyday Americans. 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 (the “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 (the “Members’ Representative”), in his capacity as the representative of the members of OppFi-LLC (“Members”) immediately prior to the closing (the “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 September 30, 2023 and December 31, 2022, OppFi owned approximately 15.7% and 13.5% 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>
CY2023Q3 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.157
CY2022Q4 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.135
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 the unaudited consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the unaudited 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 are 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>
opfi Finance Receivables Originated Through Bank Partnership Arrangements Percentage
FinanceReceivablesOriginatedThroughBankPartnershipArrangementsPercentage
0.96
opfi Finance Receivables Originated Through Bank Partnership Arrangements Percentage
FinanceReceivablesOriginatedThroughBankPartnershipArrangementsPercentage
0.94
CY2023Q3 opfi Finance Receivables Originated Through Bank Partnership Arrangements
FinanceReceivablesOriginatedThroughBankPartnershipArrangements
10800000 usd
CY2022Q4 opfi Finance Receivables Originated Through Bank Partnership Arrangements
FinanceReceivablesOriginatedThroughBankPartnershipArrangements
11200000 usd
opfi Financing Receivable Nonaccrual Threshold Delinquency Period
FinancingReceivableNonaccrualThresholdDelinquencyPeriod
P60D
us-gaap Financing Receivable Transfer To Held For Sale Valuation Allowance Expense
FinancingReceivableTransferToHeldForSaleValuationAllowanceExpense
2300000 usd
CY2023Q3 us-gaap Financing Receivable Covered Allowance For Credit Loss
FinancingReceivableCoveredAllowanceForCreditLoss
2600000 usd
CY2023Q3 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Accrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentAccrualStatus
385893000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Accrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentAccrualStatus
369643000 usd
CY2023Q3 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Nonaccrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentNonaccrualStatus
30040000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment Nonaccrual Status
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustmentNonaccrualStatus
32537000 usd
CY2023Q3 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustment
415933000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Before Fair Value Option Adjustment
FinancingReceivableAfterAllowanceForCreditLossBeforeFairValueOptionAdjustment
402180000 usd
CY2023Q3 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Accrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionAccrual
445139000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Accrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionAccrual
436552000 usd
CY2023Q3 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Nonaccrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionNonaccrual
4920000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option Nonaccrual
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOptionNonaccrual
4944000 usd
CY2023Q3 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOption
450059000 usd
CY2022Q4 opfi Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Fair Value Option
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossFairValueOption
441496000 usd
CY2023Q3 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
16406000 usd
CY2022Q4 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
15800000 usd
CY2023Q3 opfi Financing Receivable After Allowance For Credit Loss Fair Value Option
FinancingReceivableAfterAllowanceForCreditLossFairValueOption
466465000 usd
CY2022Q4 opfi Financing Receivable After Allowance For Credit Loss Fair Value Option
FinancingReceivableAfterAllowanceForCreditLossFairValueOption
457296000 usd
CY2023Q3 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
34126000 usd
CY2022Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
39316000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2355000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
730000 usd
CY2023Q3 opfi Financing Receivables Accrued Interest And Fees Before Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesBeforeAllowanceForCreditLoss
3000 usd
CY2022Q4 opfi Financing Receivables Accrued Interest And Fees Before Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesBeforeAllowanceForCreditLoss
9000 usd
CY2023Q3 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
66000 usd
CY2022Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
0 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
209000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
643000 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
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
195000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1017000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
4131000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
2043000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
535000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
831000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2159000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
1615000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
12000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
1000 usd
us-gaap Lease Cost
LeaseCost
3209000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
15000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
1000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2083000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1232000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2083000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1232000 usd
CY2023Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
38000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
100000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
58247000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
51419000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47149000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37380000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11098000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14039000 usd
CY2023Q3 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
3100000 usd
CY2022Q3 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
3500000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
9800000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
10100000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
633000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2470000 usd
CY2023Q3 opfi Accrual For Services Rendered And Goods Purchased
AccrualForServicesRenderedAndGoodsPurchased
9518000 usd
CY2022Q4 opfi Accrual For Services Rendered And Goods Purchased
AccrualForServicesRenderedAndGoodsPurchased
8589000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
5737000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
8646000 usd
CY2023Q3 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
6648000 usd
CY2022Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
5985000 usd
CY2023Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
21903000 usd
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
23220000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
200000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
200000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1100000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1100000 usd
CY2023Q3 us-gaap Variable Lease Payment
VariableLeasePayment
500000 usd
CY2022Q3 us-gaap Variable Lease Payment
VariableLeasePayment
500000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3300000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3200000 usd
us-gaap Variable Lease Payment
VariableLeasePayment
1500000 usd
us-gaap Variable Lease Payment
VariableLeasePayment
1500000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1800000 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1700000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
100000 usd
us-gaap Sublease Income
SubleaseIncome
200000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1101000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1084000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3299000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3209000 usd
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
80000 usd
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
0 usd
us-gaap Sublease Income
SubleaseIncome
239000 usd
us-gaap Sublease Income
SubleaseIncome
0 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
1021000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
1084000 usd
us-gaap Lease Cost
LeaseCost
3060000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2482000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2557000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2633000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2712000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4937000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18424000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2920000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
15504000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2023Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1100000 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1900000 usd
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
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 opfi Reverse Recapitalization Ownership Interest Held Percent
ReverseRecapitalizationOwnershipInterestHeldPercent
0.157
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1889754 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.41
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1373245 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
14.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y9M18D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
CY2023Q3 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
100000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
200000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
68000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
63000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
16000000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.028
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
400000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
2.86
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1300000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38800000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.033
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1800000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10300000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.171
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
45000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.003
CY2023Q3 opfi Effective Income Tax Rate Reconciliation Excluding Tax Expense Benefit Share Based Payment Arrangement Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxExpenseBenefitShareBasedPaymentArrangementPercent
0.031
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
48000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.001
opfi Effective Income Tax Rate Reconciliation Excluding Tax Expense Benefit Share Based Payment Arrangement Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxExpenseBenefitShareBasedPaymentArrangementPercent
0.034
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
500000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
100000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20000 usd
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
11483000 usd
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
8513000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
32807000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
22795000 usd
CY2023Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
594000 usd
CY2022Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
582000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1872000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1626000 usd
CY2023Q3 opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
12077000 usd
CY2022Q3 opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
9095000 usd
opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
34679000 usd
opfi Interest Expense And Amortized Debt Issuance Costs
InterestExpenseAndAmortizedDebtIssuanceCosts
24421000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31125000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
34902000 usd
CY2023Q3 opfi Financing Receivables Accrued Interest And Fees After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAndFeesAfterAllowanceForCreditLoss
16406000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
209000 usd
CY2023Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2902000 usd
CY2023Q3 us-gaap Senior Notes
SeniorNotes
342172000 usd
CY2023Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
2173000 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
RestrictedCashAndCashEquivalentsAtCarryingValue
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 Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
300000 usd
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1500000 usd
us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
1500000 usd
CY2021Q3 opfi Tax Receivable Agreement Percentage Of Members Payment
TaxReceivableAgreementPercentageOfMembersPayment
0.90
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.04
CY2023Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
400000 usd
CY2022Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
400000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1200000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1200000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
2169000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-571000 usd
us-gaap Net Income Loss
NetIncomeLoss
4562000 usd
us-gaap Net Income Loss
NetIncomeLoss
3963000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2169000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-571000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4562000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3963000 usd
CY2023Q3 opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
8000 usd
CY2022Q3 opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
0 usd
opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
16000 usd
opfi Income Tax Expense Benefit Portion Attributable To Noncontrolling Interest
IncomeTaxExpenseBenefitPortionAttributableToNoncontrollingInterest
1105000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2196000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-571000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4614000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7434000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16772275 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13972971 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15820262 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13694733 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
285503 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
226569 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
70582544 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17057778 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13972971 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16046831 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84277277 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
112977493 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
115471864 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
113841280 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
44953643 shares

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001818502-23-000016-index-headers.html Edgar Link pending
0001818502-23-000016-index.html Edgar Link pending
0001818502-23-000016.txt Edgar Link pending
0001818502-23-000016-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
opfi-20230930.htm Edgar Link pending
opfi-20230930.xsd Edgar Link pending
opfi-20230930x10xqex311.htm Edgar Link pending
opfi-20230930x10xqex312.htm Edgar Link pending
opfi-20230930x10xqex321.htm Edgar Link pending
opfi-20230930x10xqex322.htm Edgar Link pending
opfi-20230930_g1.gif Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
opfi-20230930_cal.xml Edgar Link unprocessable
opfi-20230930_def.xml Edgar Link unprocessable
opfi-20230930_lab.xml Edgar Link unprocessable
opfi-20230930_htm.xml Edgar Link completed
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
opfi-20230930_pre.xml Edgar Link unprocessable