$OPRT
Oportun Financial Corp

2023 Q4 Form 10-Q Financial Statement

#000153871623000178 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $72.10M $268.2M
YoY Change -68.15% 7.26%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $129.4M $11.86M
YoY Change -61.23% -17.63%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.78M $900.0K
YoY Change -1277.03% -30.77%
% of Gross Profit
Operating Expenses $129.4M $122.5M
YoY Change -61.23% 750.68%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$57.28M -$37.37M
YoY Change 623.22% -66.74%
Income Tax -$15.46M -$16.20M
% Of Pretax Income
Net Earnings -$41.82M -$21.14M
YoY Change 396.72% -80.03%
Net Earnings / Revenue -58.01% -7.88%
Basic Earnings Per Share -$0.55
Diluted Earnings Per Share -$1.09 -$0.55
COMMON SHARES
Basic Shares Outstanding 34.23M shares 34.04M shares
Diluted Shares Outstanding 38.28M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $91.19M $81.90M
YoY Change -7.72% -53.43%
Cash & Equivalents $91.19M $81.89M
Short-Term Investments
Other Short-Term Assets $15.76M $16.40M
YoY Change -87.81% -34.55%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $106.9M $127.3M
YoY Change -96.87% -45.02%
LONG-TERM ASSETS
Property, Plant & Equipment $6.991M $7.890M
YoY Change -33.57% -16.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $163.0M $149.7M
YoY Change 739.96% 52.41%
Total Long-Term Assets $3.305B $3.303B
YoY Change 1536.39% -0.18%
TOTAL ASSETS
Total Short-Term Assets $106.9M $127.3M
Total Long-Term Assets $3.305B $3.303B
Total Assets $3.412B $3.430B
YoY Change -5.58% -3.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.288M $6.500M
YoY Change -45.32% 87.32%
Accrued Expenses $76.94M $72.20M
YoY Change 63.22% -19.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $89.37M $85.70M
YoY Change -43.02% -19.15%
LONG-TERM LIABILITIES
Long-Term Debt $2.910B $2.894B
YoY Change 2.06% 1.71%
Other Long-Term Liabilities $7.946M $8.900M
YoY Change -106.92% -108.67%
Total Long-Term Liabilities $2.918B $2.903B
YoY Change 6.63% 2.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $89.37M $85.70M
Total Long-Term Liabilities $2.918B $2.903B
Total Liabilities $3.007B $2.989B
YoY Change -1.91% -0.08%
SHAREHOLDERS EQUITY
Retained Earnings -$173.8M -$132.0M
YoY Change -2949.05% -1008.95%
Common Stock $584.6M $579.7M
YoY Change 6.71% 7.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $404.4M $441.4M
YoY Change
Total Liabilities & Shareholders Equity $3.412B $3.430B
YoY Change -5.58% -3.11%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$41.82M -$21.14M
YoY Change 396.72% -80.03%
Depreciation, Depletion And Amortization $13.78M $900.0K
YoY Change -1277.03% -30.77%
Cash From Operating Activities $106.3M $107.1M
YoY Change 410.37% 58.2%
INVESTING ACTIVITIES
Capital Expenditures $6.316M $6.700M
YoY Change -56.83% -146.11%
Acquisitions
YoY Change
Other Investing Activities -$90.50M -$78.70M
YoY Change -508.01% -70.11%
Cash From Investing Activities -$96.81M -$85.40M
YoY Change -536.49% -69.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.127M -24.50M
YoY Change -98.75% -107.03%
NET CHANGE
Cash From Operating Activities 106.3M 107.1M
Cash From Investing Activities -96.81M -85.40M
Cash From Financing Activities -3.127M -24.50M
Net Change In Cash 6.371M -2.800M
YoY Change -103.08% -102.02%
FREE CASH FLOW
Cash From Operating Activities $106.3M $107.1M
Capital Expenditures $6.316M $6.700M
Free Cash Flow $99.99M $100.4M
YoY Change 1512.56% 22.09%

Facts In Submission

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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates ‑ </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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>
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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33010107 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Capitalized Computer Software Additions
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us-gaap Capitalized Computer Software Additions
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29399000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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CY2023Q3 us-gaap Amortization Of Intangible Assets
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CY2022Q3 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2022Q4 us-gaap Other Assets Miscellaneous
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CY2023Q3 us-gaap Other Assets
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109929000 usd
CY2022Q4 us-gaap Other Assets
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CY2023Q3 us-gaap Depreciation
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CY2022Q3 us-gaap Depreciation
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1931000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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4929000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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4929000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4780000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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CY2023Q3 oprt Finite Lived Intangible Asset Expected Amortization
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CY2023Q3 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37688000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
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7890000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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10524000 usd
CY2023Q3 us-gaap Prepaid Expense Current And Noncurrent
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16432000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
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CY2023Q3 us-gaap Deferred Income Tax Assets Net
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31985000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
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CY2023Q3 us-gaap Income Tax Receivable
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CY2022Q4 us-gaap Income Tax Receivable
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CY2023Q3 oprt Receivable From Banking Partner
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CY2022Q4 oprt Receivable From Banking Partner
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CY2023Q3 us-gaap Derivative Assets
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CY2022Q4 us-gaap Derivative Assets
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us-gaap Depreciation
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us-gaap Depreciation
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3800000 usd
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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720000000 usd
CY2023Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
423166000 usd
CY2022Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
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CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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CY2023Q3 us-gaap Accounts Payable Current And Noncurrent
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6485000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
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CY2023Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
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CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
12502000 usd
CY2023Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
22157000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
26193000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8302000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8445000 usd
CY2023Q3 us-gaap Servicing Liability At Amortized Value Balance
ServicingLiabilityAtAmortizedValueBalance
5794000 usd
CY2022Q4 us-gaap Servicing Liability At Amortized Value Balance
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3073000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
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CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
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CY2023Q3 oprt Current Tax Liabilities Net
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CY2022Q4 oprt Current Tax Liabilities Net
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CY2023Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
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CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
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3658000 usd
CY2023Q3 us-gaap Other Liabilities
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63711000 usd
CY2022Q4 us-gaap Other Liabilities
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100028000 usd
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Issued
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CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2023Q3 us-gaap Treasury Stock Common Shares
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272023 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
272023 shares
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7050000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1100000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
600000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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3800000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6100000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
400000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
3000000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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1400000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
2400000 usd
CY2023Q3 oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
238824000 usd
CY2022Q3 oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
226103000 usd
oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
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oprt Interest Income Loans Consumer
InterestIncomeLoansConsumer
615394000 usd
CY2023Q3 oprt Fee Income Loans Consumer
FeeIncomeLoansConsumer
4434000 usd
CY2022Q3 oprt Fee Income Loans Consumer
FeeIncomeLoansConsumer
6012000 usd
oprt Fee Income Loans Consumer
FeeIncomeLoansConsumer
14288000 usd
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FeeIncomeLoansConsumer
16613000 usd
CY2023Q3 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
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CY2022Q3 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
232115000 usd
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
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us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
632007000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Notes Receivable
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2447000 usd
CY2022Q3 us-gaap Gain Loss On Sale Of Notes Receivable
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us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
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us-gaap Gain Loss On Sale Of Notes Receivable
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CY2023Q3 us-gaap Contractually Specified Servicing Fees Amount
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3809000 usd
CY2022Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
5266000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
11033000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
15544000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q3 us-gaap Other Income
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CY2022Q3 us-gaap Other Income
OtherIncome
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us-gaap Other Income
OtherIncome
36396000 usd
us-gaap Other Income
OtherIncome
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CY2023Q3 us-gaap Noninterest Income Other Operating Income
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CY2022Q3 us-gaap Noninterest Income Other Operating Income
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us-gaap Noninterest Income Other Operating Income
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us-gaap Noninterest Income Other Operating Income
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CY2023Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.434
us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2022Q3 us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Principal Amount Outstanding Of Loans Held In Portfolio
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CY2023Q3 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
2940858000 usd
CY2022Q4 us-gaap Principal Amount Outstanding Of Loans Held In Portfolio
PrincipalAmountOutstandingOfLoansHeldInPortfolio
3098609000 usd
CY2022Q4 oprt Loansand Leases Receivable Grossat Fair Value
LoansandLeasesReceivableGrossatFairValue
3143653000 usd
CY2023Q3 us-gaap Secured Debt
SecuredDebt
2076246000 usd
CY2023Q3 oprt Secured Debt Fair Value
SecuredDebtFairValue
1958273000 usd
CY2022Q4 us-gaap Secured Debt
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2582025000 usd
CY2022Q4 oprt Secured Debt Fair Value
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2387674000 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
16000000 usd
CY2023Q3 oprt Derivative Underlying Cash Flows
DerivativeUnderlyingCashFlows
21800000 usd
CY2022Q4 oprt Derivative Underlying Cash Flows
DerivativeUnderlyingCashFlows
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CY2023Q3 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
6300000 usd
CY2022Q4 oprt Loan Sale Commitment Option Additional Sale Whole Loan Sale Program
LoanSaleCommitmentOptionAdditionalSaleWholeLoanSaleProgram
4000000 usd
CY2022Q4 oprt Loan Sale Commitment Option Additional Sale Period Whole Loan Sale Program
LoanSaleCommitmentOptionAdditionalSalePeriodWholeLoanSaleProgram
P1Y
CY2023Q3 oprt Fair Value Option Principal Balanceof Loans Heldas Assets90 Daysor More Past Due
FairValueOptionPrincipalBalanceofLoansHeldasAssets90DaysorMorePastDue
40700000 usd
CY2022Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
4100000 usd
CY2022Q4 oprt Fair Value Option Principal Balanceof Loans Heldas Assets90 Daysor More Past Due
FairValueOptionPrincipalBalanceofLoansHeldasAssets90DaysorMorePastDue
35200000 usd
CY2022Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 usd
CY2022Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 usd
CY2023Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 usd
CY2023Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3291000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12586000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10655000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4572000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1535000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
342000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
32991000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2096000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
30895000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0447
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13879000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11940000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9969000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3918000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1032000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
40763000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2816000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
37947000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0406
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
13400000 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4200000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
14200000 usd
CY2022Q1 oprt Minimum Loan Sale Rate Whole Loan Sale Program
MinimumLoanSaleRateWholeLoanSaleProgram
0.10
CY2022Q1 oprt Incremental Optional Loan Sale Rate Whole Loan Sale Program
IncrementalOptionalLoanSaleRateWholeLoanSaleProgram
0.05
CY2022Q4 oprt Loan Sale Commitment Minimum Whole Loan Sale Program
LoanSaleCommitmentMinimumWholeLoanSaleProgram
2000000 usd
CY2023Q3 us-gaap Other Commitment
OtherCommitment
44700000 usd
CY2022Q4 us-gaap Other Commitment
OtherCommitment
45000000 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
4193453 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01

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oprt-20230930_lab.xml Edgar Link unprocessable
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0001538716-23-000178.txt Edgar Link pending
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