Company: WLTH
Filing Date: 2025-08-22
Form Type: DRS/A
Source: 0001628279-25-000564
Chunk: 156

Company: WEALTHFRONT CORP
Filing Date: 2025-08-22
Form: DRS/A
Chunk 156
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 including performance and brand advertising, and an increase of $3.3 million in client referral expenses. Additionally, other marketing increased $2.9 million primarily due to consulting costs related to a brand awareness campaign.

Operations and Support

Operations and support expenses increased by $0.9 million, or 9%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was due to an increase of $0.9 million in personnel-related expenses due to increased headcount.

#### Interest Expense
|                  | (in thousands, except percentages) | Fiscal Year Ended January 31, |  2024 |     |   |  2025 |     |   | $ Change |     |     | % Change |   |
|:-----------------|:-----------------------------------|:------------------------------|------:|:----|:--|------:|:----|:--|---------:|:----|:----|---------:|:--|
| Interest expense |                                    | $                             | 2,000 |     | $ | 2,810 |     | $ |      810 |     |     |       41 | % |

Interest expense increased by $0.8 million, or 41%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to the increase of the interest rate for the Bridge Loan.

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#### Other Expense (Income), Net
|                             | (in thousands, except percentages) | Fiscal Year Ended January 31, | 2024 |     |   |    2025 |     |   | $ Change |     |     | % Change |    |
|:----------------------------|:-----------------------------------|:------------------------------|-----:|:----|:--|--------:|:----|:--|---------:|:----|:----|:---------|:---|
| Other expense (income), net |                                    | $                             |  986 |     | $ | -20,566 |     | $ |  -21,552 |     |     |          | NM |

______________

NM - Not Meaningful

Other expense (income), net increased by $21.6 million for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to an increase of $19.4 million in fair value change in convertible note, warrant liabilities, and