Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 369

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 369
---
 |      — |
| Stock-based compensation expense                               |     |                                        |          — |     |        |       — |     |              |          — |     |        | — |     |                |       — |     |                            |   3,450 |     |                      |       — |     |                            |  3,450 |
| Balances as of July 31, 2025                                   |     |                                        | 69,852,421 |     |        | 227,198 |     |              | 42,344,666 |     | $      | 4 |     | $              | -12,831 |     | $                          | 136,433 |     | $                    | -39,247 |     | $                          | 84,359 |

The accompanying notes are an integral part of these condensed consolidated financial statements.

<div align='center'>F-38</div>

### WEALTHFRONT CORPORATION

### CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
<div align='center'>(in thousands)

(unaudited)</div>

| Operating activities                                                                                                                  |     | Six Months Ended July 31, 
 2024                      |         |         |     | 2025 |         |         |
|:--------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------------------|--------:|--------:|:----|:-----|--------:|--------:|
| Net income                                                                                                                            |     | $                         | 132,309 |         |     | $    |  60,688 |         |
| Adjustments to reconcile net income to net cash provided by operating activities:                                                     |     |                           |         |         |     |      |         |         |
| Depreciation and amortization of property, software, and equipment, net                                                               |     |                           |   2,808 |         |     |      |   3,706 |         |
| Non-cash lease expense                                                                                                                |     |                           |   1,512 |         |     |      |   1,608 |         |
| Cash interest paid on convertible note                                                                                                |     |                           |         |    -904 |     |      |       — |         |
| Non-cash interest expense on related-party long-term debt                                                                             |     |                           |   1,336 |         |     |      |       — |         |
| Deferred income taxes                                                                                                                 |     |                           | -59,540 |