Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 166

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 166
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 of property, equipment and internal-use software63,422 58,715 57,101 Stock based compensation and related employer taxes30,353 34,288 35,414 Amortization of acquired intangible assets21,277 24,257 23,509 Impairment charges9,625 — 4,264 Legal settlement expenses33,791 23,614 16,021 Other expense8,586 7,330 8,070 Operating (loss) income(1,668)22,670 94,375 Interest expense, net5,506 3,027 255 Other expense, net(15,365)(5,010)(10,199)(Loss) income before income taxes$(22,539)$14,633 $83,921 

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 25—Subsequent Events

In February 2025, we issued and sold additional senior unsecured notes in an aggregate principal amount of $15 million under the same terms as the initial Notes discussed under Note 11—Debt.In February 2025, we entered into a new revolving line of credit agreement with a financial institution up to a maximum principal amount of $20 million, subject to borrowing base limitations defined under the terms of the agreement. The line of credit matures in August 2026 and will bear interest at variable market rates, but subject to a minimum rate of 6.0% per annum. Interest payments are due monthly, and accrue based on the then-outstanding principal balance.

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