Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 680

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 3
Chunk 680
---
 –  
    $–  
     –  
    $6,259,660 
  
    November 2024 
     –  
     –  
     –  
     6,259,660 
  
    December 2024 
     –  
     –  
     –  
     6,259,660 

    Total 
     –  
    $–  
     –  

(1)Each monthly period is the calendar month.

(2)Through December 31, 2024, our board of directors had authorized the purchase of up to $123.2 million
of our outstanding securities, which program was first announced in our annual report for the year 2002, filed on March 26, 2003.
All purchases described in the table above were under the plan announced in March 2003, which has no fixed expiration date. 

Item 6.   [Reserved]

Item 7.  Management’s Discussion and Analysis
of Financial Condition and Results of Operations

The following discussion
of our financial condition and results of operations for the years ended December 31, 2024 and 2023 should be read in conjunction with
our consolidated financial statements and the notes to those statements that are included elsewhere in this Annual Report on Form 10-K.
Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans,
objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these
forward-looking statements as a result of a number of factors. We use words such as anticipate, estimate, plan, project, continuing, ongoing,
expect, believe, intend, may, will, should, could, and similar expressions to identify forward-looking statements. See "Cautionary
Note Regarding Forward-Looking Statements."

 34 

Discussions of 2022 items
and year-to-year comparisons between 2023 and 2022 that are not included in this Form 10-K can be found in “Management’s Discussion
and Analysis of Financial Condition and Results of Operations” in Item 7 of the Company’s Annual Report on Form 10-K for the
fiscal year ended December 31, 2023.

Overview

We are a specialty finance
company. Our business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and,
to a lesser extent,