Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 629

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 2
Chunk 629
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    $19,203  
    $45,343  
    $85,983 
  
    Adjustments to reconcile net income to net cash provided by operating activities: 

    Net interest income accretion on fair value receivables 
     224,304  
     193,541  
     135,147 
  
    Depreciation and amortization 
     862  
     847  
     1,618 
  
    Amortization of deferred financing costs 
     10,574  
     9,690  
     8,207 
  
    Mark to fair value of finance receivables measured at fair value 
     (21,000) 
     (12,000) 
     (15,283)
  
    Provision for credit losses 
     (5,307) 
     (22,300) 
     (28,100)
  
    Stock-based compensation expense 
     2,957  
     3,464  
     4,427 
  
    Changes in assets and liabilities: 

    Other assets 
     (10,028) 
     4,667  
     4,171 
  
    Deferred tax assets, net 
     2,726  
     6,441  
     9,398 
  
    Accounts payable and accrued expenses 
     9,464  
     8,287  
     10,364 
  
    Net cash provided by operating activities 
     233,755  
     237,980  
     215,932 

    Cash flows from investing activities: 

    Payments received on finance receivables held for investment 
     25,004  
     68,167  
     133,733 
  
    Purchases of finance receivables measured at fair value 
     (1,653,037) 
     (1,251,020) 
     (1,673,166)
  
    Payments on receivables portfolio at fair value 
     858,628  
     823,434  
     825,783 
  
    Change in repossessions held in inventory 
     125  
     446  
     1,899 
  
    Purchase of furniture and equipment 
     (433) 
     (559) 
     (2,