Company: CPSS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003436
Chunk: 91

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part II, Item 1
Chunk 91
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 portion of our cash flow from operations to payments on our indebtedness,
thereby reducing amounts available for working capital, capital expenditures and other general corporate purposes;

·limiting our flexibility in planning for, or reacting to, changes in our business and the industry in
which we operate;

·placing us at a competitive disadvantage compared to our competitors that have less debt; and

·limiting our ability to borrow additional funds.

Although we believe we are able to service and
repay such debt, there is no assurance that we will be able to do so. If we do not generate sufficient operating profits, our ability
to make required payments on our debt would be impaired. Failure to pay our indebtedness when due could have a material adverse effect.

 41 

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds

During the three months ended March 31, 2025,
we did not repurchase any shares from existing shareholders.

Item 5. Other Information

During the quarter
ended March 31, 2025, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement,
as each term is defined in Item 408(a) of Regulation S-K.

Item 6. Exhibits

The Exhibits listed below are filed with this
report.

    4.14
    Instruments defining the rights of holders of long-term debt of
    certain consolidated subsidiaries of the registrant are omitted pursuant to the exclusion set forth in subdivisions (b)(iv)(iii)(A)
    and (b)(v) of Item 601 of Regulation S-K (17 CFR 229.601). The registrant agrees to provide copies of such instruments to the United
    States Securities and Exchange Commission upon request.
  
    31.1
    Rule 13a-14(a) Certification of the Chief Executive Officer of the registrant.
  
    31.2
    Rule 13a-14(a) Certification of the Chief Financial Officer of the registrant.
  
    32
    
    Section 1350 Certifications.*

    101.INS
    Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
  
    101.SCH
    Inline XBRL Taxonomy Extension Schema Document
  
    101.CAL
    Inline XBRL Taxonomy Extension Calculation Linkbase Document