$OPRT
Oportun Financial Corp

2020 Q1 Form 10-Q Financial Statement

#000153871620000039 Filed on May 15, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $163.4M $138.3M
YoY Change 18.15% 9.61%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.813M $3.358M
YoY Change 13.55% -94.88%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.500M $1.700M
YoY Change 47.06% -41.38%
% of Gross Profit
Operating Expenses $3.813M $3.358M
YoY Change 13.55% -95.45%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$18.02M $19.97M
YoY Change -190.22% -61.89%
Income Tax -$4.700M $5.400M
% Of Pretax Income 27.04%
Net Earnings -$13.30M $14.61M
YoY Change -191.02% -61.91%
Net Earnings / Revenue -8.14% 10.56%
Basic Earnings Per Share -$0.49 $0.57
Diluted Earnings Per Share -$0.49 $0.51
COMMON SHARES
Basic Shares Outstanding 27.02M shares 2.938M shares
Diluted Shares Outstanding 27.02M shares 3.314M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $144.8M $58.10M
YoY Change 149.23%
Cash & Equivalents $144.8M $58.11M
Short-Term Investments
Other Short-Term Assets $16.20M $9.600M
YoY Change 68.75%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $181.5M $84.20M
YoY Change 115.56%
LONG-TERM ASSETS
Property, Plant & Equipment $22.07M $66.60M
YoY Change -66.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $62.50M $65.20M
YoY Change -4.14%
Total Long-Term Assets $1.936B $1.723B
YoY Change 12.34%
TOTAL ASSETS
Total Short-Term Assets $181.5M $84.20M
Total Long-Term Assets $1.936B $1.723B
Total Assets $2.117B $1.807B
YoY Change 17.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.800M $6.300M
YoY Change 23.81%
Accrued Expenses $88.40M $69.00M
YoY Change 28.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $130.5M $107.4M
YoY Change 21.51%
LONG-TERM LIABILITIES
Long-Term Debt $1.478B $1.316B
YoY Change 12.26%
Other Long-Term Liabilities $800.0K $1.200M
YoY Change -33.33%
Total Long-Term Liabilities $1.479B $1.318B
YoY Change 12.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $130.5M $107.4M
Total Long-Term Liabilities $1.479B $1.318B
Total Liabilities $1.634B $1.444B
YoY Change 13.13%
SHAREHOLDERS EQUITY
Retained Earnings $68.21M
YoY Change
Common Stock $421.7M
YoY Change
Preferred Stock $0.00
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $483.5M $363.2M
YoY Change
Total Liabilities & Shareholders Equity $2.117B $1.807B
YoY Change 17.15%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$13.30M $14.61M
YoY Change -191.02% -61.91%
Depreciation, Depletion And Amortization $2.500M $1.700M
YoY Change 47.06% -41.38%
Cash From Operating Activities $52.12M $47.18M
YoY Change 10.48% 35.96%
INVESTING ACTIVITIES
Capital Expenditures $1.615M $2.231M
YoY Change -27.61% -161.97%
Acquisitions
YoY Change
Other Investing Activities -$32.30M -$53.00M
YoY Change -39.06% -8.93%
Cash From Investing Activities -$39.35M -$57.71M
YoY Change -31.82% -6.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $57.18M $101.0K
YoY Change 56512.87% -99.72%
NET CHANGE
Cash From Operating Activities $52.12M $47.18M
Cash From Investing Activities -$39.35M -$57.71M
Cash From Financing Activities $57.18M $101.0K
Net Change In Cash $69.95M -$10.43M
YoY Change -770.69% -212.15%
FREE CASH FLOW
Cash From Operating Activities $52.12M $47.18M
Capital Expenditures $1.615M $2.231M
Free Cash Flow $50.51M $44.95M
YoY Change 12.37% 17.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001538716
CY2019Q1 oprt Financing Receivables Impaired Troubled Debt Restructuring Origination Fees Written Off
FinancingReceivablesImpairedTroubledDebtRestructuringOriginationFeesWrittenOff
USD
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27171802 shares
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
0 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q1 oprt Financing Receivables Impaired Troubled Debt Restructuring Origination Fees Written Off
FinancingReceivablesImpairedTroubledDebtRestructuringOriginationFeesWrittenOff
0 USD
CY2020Q1 oprt Interest Receivable Amortized Cost Loans
InterestReceivableAmortizedCostLoans
0 USD
CY2019Q4 us-gaap Accrued Fees And Other Revenue Receivable
AccruedFeesAndOtherRevenueReceivable
USD
CY2020Q1 us-gaap Accrued Fees And Other Revenue Receivable
AccruedFeesAndOtherRevenueReceivable
0 USD
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.0909
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
USD
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q1 dei Entity File Number
EntityFileNumber
001-39050
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
OPORTUN FINANCIAL CORPORATION
CY2020Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2020Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
45-3361983
CY2020Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
2 Circle Star Way
CY2020Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
San Carlos,
CY2020Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2020Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94070
CY2020Q1 dei City Area Code
CityAreaCode
650
CY2020Q1 dei Local Phone Number
LocalPhoneNumber
810-8823
CY2020Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value per share
CY2020Q1 dei Trading Symbol
TradingSymbol
OPRT
CY2020Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144836000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
63962000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
715000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72179000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
61258000 USD
CY2020Q1 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
1760481000 USD
CY2020Q1 us-gaap Interest Receivable
InterestReceivable
18254000 USD
CY2019Q4 us-gaap Interest Receivable
InterestReceivable
17185000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
38471000 USD
CY2020Q1 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
141000 USD
CY2019Q4 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
1882088000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
0 USD
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
42546000 USD
CY2020Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
0 USD
CY2019Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-103000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
0 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3972000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
0 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
50973000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
50503000 USD
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1261000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1563000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
80116000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
75208000 USD
CY2020Q1 us-gaap Assets
Assets
2117320000 USD
CY2019Q4 us-gaap Assets
Assets
2201874000 USD
CY2020Q1 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
279064000 USD
CY2019Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
60910000 USD
CY2020Q1 oprt Secured Debt Fair Value
SecuredDebtFairValue
999113000 USD
CY2019Q4 oprt Secured Debt Fair Value
SecuredDebtFairValue
1129202000 USD
CY2020Q1 oprt Secured Debtat Amortized Cost
SecuredDebtatAmortizedCost
199602000 USD
CY2019Q4 oprt Secured Debtat Amortized Cost
SecuredDebtatAmortizedCost
359111000 USD
CY2020Q1 us-gaap Servicing Liability At Amortized Value Balance
ServicingLiabilityAtAmortizedValueBalance
33259000 USD
CY2019Q4 us-gaap Servicing Liability At Amortized Value Balance
ServicingLiabilityAtAmortizedValueBalance
33354000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
53825000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
53357000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
24666000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
24868000 USD
CY2020Q1 us-gaap Other Liabilities
OtherLiabilities
44250000 USD
CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
52306000 USD
CY2020Q1 us-gaap Liabilities
Liabilities
1633779000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
1713108000 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Additional Paid In Capital Preferred Stock
AdditionalPaidInCapitalPreferredStock
0 USD
CY2019Q4 us-gaap Additional Paid In Capital Preferred Stock
AdditionalPaidInCapitalPreferredStock
0 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2117320000 USD
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
6000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
6000 USD
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
421657000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
418299000 USD
CY2020Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
63000 USD
CY2019Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
63000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-279000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-162000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
68213000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
76679000 USD
CY2020Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
6119000 USD
CY2019Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
6119000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
483541000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
488766000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2201874000 USD
CY2020Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
150700000 USD
CY2019Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
126746000 USD
CY2020Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
12728000 USD
CY2019Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
11582000 USD
CY2020Q1 us-gaap Revenues
Revenues
163428000 USD
CY2019Q1 us-gaap Revenues
Revenues
138328000 USD
CY2020Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
16361000 USD
CY2019Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
14619000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-366000 USD
CY2020Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-66469000 USD
CY2019Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-25416000 USD
CY2020Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
80598000 USD
CY2019Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
98659000 USD
CY2020Q1 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
30774000 USD
CY2019Q1 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
21641000 USD
CY2020Q1 us-gaap Business Development
BusinessDevelopment
24827000 USD
CY2019Q1 us-gaap Business Development
BusinessDevelopment
21266000 USD
CY2020Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
25582000 USD
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
18877000 USD
CY2020Q1 us-gaap Professional Fees
ProfessionalFees
13618000 USD
CY2019Q1 us-gaap Professional Fees
ProfessionalFees
13549000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3813000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3358000 USD
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
98614000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1688000 USD
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
78691000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-18016000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19968000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4715000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5354000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-13301000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
14614000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
117000 USD
CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
3000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-13418000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14611000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13301000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.49
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.49
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27015730 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2938006 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27015730 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3314387 shares
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
488766000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
20000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4151000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-813000 USD
CY2020Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
4835000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-117000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-13301000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
483541000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
346549000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
142000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1980000 USD
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-125000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
14614000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
363157000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-13301000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
14614000 USD
CY2020Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4658000 USD
CY2019Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
2879000 USD
CY2020Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-66469000 USD
CY2019Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-25416000 USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5163000 USD
CY2020Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3521000 USD
CY2020Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-1542000 USD
CY2019Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
106000 USD
CY2020Q1 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
7532000 USD
CY2019Q1 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
7312000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4151000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1980000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-366000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
101000 USD
CY2019Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-582000 USD
CY2020Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
74530000 USD
CY2019Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
70734000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Loans Held For Sale
ProceedsFromSaleOfOtherLoansHeldForSale
82636000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Other Loans Held For Sale
ProceedsFromSaleOfOtherLoansHeldForSale
76046000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1987000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
478000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5818000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
39723000 USD
CY2020Q1 oprt Increase Decreasein Amount Dueto Whole Loan Buyer
IncreaseDecreaseinAmountDuetoWholeLoanBuyer
-95000 USD
CY2019Q1 oprt Increase Decreasein Amount Dueto Whole Loan Buyer
IncreaseDecreaseinAmountDuetoWholeLoanBuyer
2549000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-7693000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
36668000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
52122000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47178000 USD
CY2020Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
314484000 USD
CY2019Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
300226000 USD
CY2020Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
282212000 USD
CY2019Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
247257000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1615000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2231000 USD
CY2020Q1 us-gaap Payments For Software
PaymentsForSoftware
5461000 USD
CY2019Q1 us-gaap Payments For Software
PaymentsForSoftware
2509000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39348000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-57709000 USD
CY2020Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
235000000 USD
CY2019Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2020Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
17001000 USD
CY2019Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
160001000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2020Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
26000 USD
CY2019Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
42000 USD
CY2020Q1 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-793000 USD
CY2019Q1 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
143000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
57179000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
101000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
69953000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10430000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
136141000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129175000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
206094000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118745000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144836000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58109000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
61258000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
60636000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
206094000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118745000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
455000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
142000 USD
CY2020Q1 us-gaap Interest Paid
InterestPaid
16378000 USD
CY2019Q1 us-gaap Interest Paid
InterestPaid
13863000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4051000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3093000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3429000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
44778000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
702000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
667000 USD
CY2019Q3 oprt Shares Soldby Others Outsidethe Company
SharesSoldbyOthersOutsidetheCompany
2314144 shares
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Use of Estimates ‑ </span><span style="font-family:inherit;font-size:9pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the condensed consolidated financial statements; therefore, actual results could differ from those estimates and assumptions.</span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div>
CY2020Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
4800000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-13301000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
14614000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2019Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
12926000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13301000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1688000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27015730 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2938006 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
12436 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27015730 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3314387 shares
CY2020Q1 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
-0.49
CY2019Q1 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.57
CY2020Q1 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
-0.49
CY2019Q1 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.51
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5866650 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17201639 shares
CY2020Q1 us-gaap Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
1737140000 USD
CY2019Q4 us-gaap Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
1831907000 USD
CY2020Q1 us-gaap Variable Interest Entity Consolidated Liabilities No Recourse
VariableInterestEntityConsolidatedLiabilitiesNoRecourse
1479112000 USD
CY2019Q4 us-gaap Variable Interest Entity Consolidated Liabilities No Recourse
VariableInterestEntityConsolidatedLiabilitiesNoRecourse
1551203000 USD
CY2019Q4 oprt Interest Receivable Amortized Cost Loans
InterestReceivableAmortizedCostLoans
300000 USD
CY2020Q1 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P90Y
CY2020Q1 oprt Financing Receivable Reserve Rate90 Days Past Due
FinancingReceivableReserveRate90DaysPastDue
1
CY2019Q4 oprt Financing Receivables Troubled Debt Restructuring Percentageof Loansat Cost
FinancingReceivablesTroubledDebtRestructuringPercentageofLoansatCost
0.21
CY2020Q1 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P30Y
CY2020Q1 oprt Financing Receivable Threshold Period Past Due Writeoff Two Payments
FinancingReceivableThresholdPeriodPastDueWriteoffTwoPayments
P120Y
CY2020Q1 oprt Financing Receivable Threshold Period Past Due Writeoff Two Payments
FinancingReceivableThresholdPeriodPastDueWriteoffTwoPayments
P120Y
CY2020Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2019Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2020Q1 oprt Other Purchased Software Gross
OtherPurchasedSoftwareGross
4900000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3972000 USD
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
26326000 USD
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
-3972000 USD
CY2019Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
0 USD
CY2020Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2019Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-366000 USD
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
0 USD
CY2019Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
12083000 USD
CY2020Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
CY2019Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
3315000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
0 USD
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
17192000 USD
CY2020Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
74500000 USD
CY2020Q1 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
7500000 USD
CY2020Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
4500000 USD
CY2019Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
70700000 USD
CY2019Q1 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
7300000 USD
CY2019Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
3500000 USD
CY2020Q1 oprt Minimum Loan Sale Rate Whole Loan Sale Program
MinimumLoanSaleRateWholeLoanSaleProgram
0.10
CY2020Q1 oprt Incremental Optional Loan Sale Rate Whole Loan Sale Program
IncrementalOptionalLoanSaleRateWholeLoanSaleProgram
0.05
CY2020Q1 oprt Minimum Loan Sale Rate Access Loan Program
MinimumLoanSaleRateAccessLoanProgram
1
CY2020Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
10697000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
10432000 USD
CY2020Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
10805000 USD
CY2019Q4 oprt Other Purchased Software Gross
OtherPurchasedSoftwareGross
4527000 USD
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
10768000 USD
CY2020Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
79000 USD
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
171000 USD
CY2020Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
28673000 USD
CY2019Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
27701000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
55154000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
53599000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33086000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30765000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22068000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22834000 USD
CY2020Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
42194000 USD
CY2019Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
36795000 USD
CY2020Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
20624000 USD
CY2019Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
18456000 USD
CY2020Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
21570000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
18339000 USD
CY2020Q1 us-gaap Accounts Receivable From Securitization
AccountsReceivableFromSecuritization
2295000 USD
CY2019Q4 us-gaap Accounts Receivable From Securitization
AccountsReceivableFromSecuritization
6621000 USD
CY2020Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
16209000 USD
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
12217000 USD
CY2020Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
17974000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
15197000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
80116000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
75208000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
2500000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
1700000 USD
CY2020Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2200000 USD
CY2019Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
900000 USD
CY2020Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5400000 USD
CY2019Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2600000 USD
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27403279 shares
CY2020Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
7843000 USD
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5919000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
14262000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
22226000 USD
CY2020Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
17124000 USD
CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
15110000 USD
CY2020Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
1022000 USD
CY2019Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
4233000 USD
CY2020Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3179000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3842000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
820000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
976000 USD
CY2020Q1 us-gaap Other Liabilities
OtherLiabilities
44250000 USD
CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
52306000 USD
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27143797 shares
CY2020Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
259482 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27262639 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27003157 shares
CY2019Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
259482 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
8677294 shares
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
996217 shares
CY2019Q3 oprt Sharebased Compensation Arrangementby Sharebased Payment Award Maximum Annual Share Increase
SharebasedCompensationArrangementbySharebasedPaymentAwardMaximumAnnualShareIncrease
726186 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.15
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7900000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4151000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1980000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
100000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
100000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
700000 USD
CY2020Q1 oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
148522000 USD
CY2019Q1 oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
124224000 USD
CY2020Q1 oprt Fee Income Loans Consumer
FeeIncomeLoansConsumer
2178000 USD
CY2019Q1 oprt Fee Income Loans Consumer
FeeIncomeLoansConsumer
2522000 USD
CY2020Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
150700000 USD
CY2019Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
126746000 USD
CY2020Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
7532000 USD
CY2019Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
7312000 USD
CY2020Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
4451000 USD
CY2019Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
3548000 USD
CY2020Q1 us-gaap Other Income
OtherIncome
745000 USD
CY2019Q1 us-gaap Other Income
OtherIncome
722000 USD
CY2020Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
12728000 USD
CY2019Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
11582000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4700000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.262
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5400000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268
CY2020Q1 us-gaap Principal Amount Outstanding Of Loans Held In Portfolio
PrincipalAmountOutstandingOfLoansHeldInPortfolio
1833159000 USD
CY2020Q1 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
1760481000 USD
CY2019Q4 us-gaap Principal Amount Outstanding Of Loans Held In Portfolio
PrincipalAmountOutstandingOfLoansHeldInPortfolio
1800418000 USD
CY2019Q4 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
1882088000 USD
CY2020Q1 us-gaap Secured Debt
SecuredDebt
1113165000 USD
CY2020Q1 oprt Secured Debt Fair Value
SecuredDebtFairValue
999113000 USD
CY2019Q4 us-gaap Secured Debt
SecuredDebt
1113165000 USD
CY2019Q4 oprt Secured Debt Fair Value
SecuredDebtFairValue
1129202000 USD
CY2020Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease
43323000 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease
0 USD
CY2020Q1 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
2300000 USD
CY2020Q1 oprt Fair Value Option Principal Balanceof Loans Heldas Assets90 Daysor More Past Due
FairValueOptionPrincipalBalanceofLoansHeldasAssets90DaysorMorePastDue
17300000 USD
CY2019Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
3600000 USD
CY2019Q4 oprt Fair Value Option Principal Balanceof Loans Heldas Assets90 Daysor More Past Due
FairValueOptionPrincipalBalanceofLoansHeldasAssets90DaysorMorePastDue
15800000 USD
CY2020Q1 oprt Maximum Remaining Lease Term Retailand Office
MaximumRemainingLeaseTermRetailandOffice
P10Y
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11822000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13331000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10453000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9004000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8166000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6201000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1407000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
60384000 USD
CY2020Q1 oprt Lessee Operating Lease Liability Imputed Interest
LesseeOperatingLeaseLiabilityImputedInterest
6126000 USD
CY2020Q1 oprt Lessee Operating Lease Liability Payments Due Netof Imputed Interest
LesseeOperatingLeaseLiabilityPaymentsDueNetofImputedInterest
54258000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
435000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
0 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
435000 USD
CY2020Q1 oprt Lessor Operating Lease Imputed Interest
LessorOperatingLeaseImputedInterest
2000 USD
CY2020Q1 oprt Lessor Operating Lease Paymentstobe Received Netof Imputed Interest
LessorOperatingLeasePaymentstobeReceivedNetofImputedInterest
433000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
53825000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0448
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15227000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12439000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9663000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8340000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7488000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7293000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
60450000 USD
CY2019Q4 oprt Lessee Operating Lease Liability Imputed Interest
LesseeOperatingLeaseLiabilityImputedInterest
6240000 USD
CY2019Q4 oprt Lessee Operating Lease Liability Payments Due Netof Imputed Interest
LesseeOperatingLeaseLiabilityPaymentsDueNetofImputedInterest
54210000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
861000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
861000 USD
CY2019Q4 oprt Lessor Operating Lease Imputed Interest
LessorOperatingLeaseImputedInterest
8000 USD
CY2019Q4 oprt Lessor Operating Lease Paymentstobe Received Netof Imputed Interest
LessorOperatingLeasePaymentstobeReceivedNetofImputedInterest
853000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
53357000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0449
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
5200000 USD
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
4300000 USD
CY2020Q1 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
4900000 USD
CY2020Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
8900000 USD
CY2020Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
5100000 USD
CY2020Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
200000 USD
CY2020Q1 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0.0 USD
CY2020Q1 oprt Minimum Loan Sale Rate Whole Loan Sale Program
MinimumLoanSaleRateWholeLoanSaleProgram
0.10
CY2020Q1 oprt Incremental Optional Loan Sale Rate Whole Loan Sale Program
IncrementalOptionalLoanSaleRateWholeLoanSaleProgram
0.05
CY2020Q1 oprt Minimum Loan Sale Rate Access Loan Program
MinimumLoanSaleRateAccessLoanProgram
1
CY2020Q1 us-gaap Other Commitment
OtherCommitment
2700000 USD
CY2019Q4 us-gaap Other Commitment
OtherCommitment
2300000 USD
CY2019Q4 us-gaap Litigation Reserve
LitigationReserve
1900000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
1000000.0 USD
CY2019 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
900000 USD

Files In Submission

Name View Source Status
0001538716-20-000039-index-headers.html Edgar Link pending
0001538716-20-000039-index.html Edgar Link pending
0001538716-20-000039.txt Edgar Link pending
0001538716-20-000039-xbrl.zip Edgar Link pending
ceocertexhibitq12020.htm Edgar Link pending
cfocertexhibitq12020.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
oportunquarterly10-qxm.htm Edgar Link pending
oportunquarterly10-qxm_htm.xml Edgar Link completed
oprt-20200331.xsd Edgar Link pending
oprt-20200331_cal.xml Edgar Link unprocessable
oprt-20200331_def.xml Edgar Link unprocessable
oprt-20200331_lab.xml Edgar Link unprocessable
oprt-20200331_pre.xml Edgar Link unprocessable
q120netloanlosschart.jpg 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
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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
section1350certsq12020.htm Edgar Link pending
Show.js Edgar Link pending