Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 61

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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352,816 $53 $375,980 $770,304 $(286,987)$859,350 Common stock issued under stock plans, net of withholdings and related tax effects891 1 958 — — 959 Stock-based compensation— — 15,872 — — 15,872 Net loss— — — (23,965)— (23,965)Other comprehensive income— — — — 17,735 17,735 Balance at June 30, 202453,707 $54 $392,810 $746,339 $(269,252)$869,951 

See notes to unaudited consolidated financial statements

5

GREEN DOT CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED) Six Months Ended June 30, 20252024 (In thousands)Operating activities  Net loss$(21,252)$(23,965)Adjustments to reconcile net loss to net cash provided by operating activities:  Depreciation and amortization of property, equipment and internal-use software31,262 32,259 Amortization of intangible assets10,399 11,049 Provision for uncollectible overdrawn accounts from purchase transactions6,610 11,261 Provision for loan losses15,087 16,747 Stock-based compensation8,757 15,872 Losses in equity method investments78,702 7,459 Realized loss on available-for-sale investment securities24,779 — Amortization of discount on available-for-sale investment securities(589)(1,133)Impairment of long-lived assets866 4,936 Other(2,735)(1,040)Changes in operating assets and liabilities:Accounts receivable, net22,328 22,999 Prepaid expenses and other assets12,157 12,936 Deferred expenses374 335 Accounts payable and other accrued liabilities6,342 12,021 Deferred revenue(1,983)(789)Income tax receivable/payable(13,644)124 Other, net241 (397)Net cash provided by operating activities177,701 120,674 Investing activities  Purchases of available-for-sale investment securities(274,820)— Proceeds from maturities of available-for-sale securities103,283 94,