Company: WLTH
Filing Date: 2025-08-22
Form Type: DRS/A
Source: 0001628279-25-000564
Chunk: 157

Company: WEALTHFRONT CORP
Filing Date: 2025-08-22
Form: DRS/A
Chunk 157
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 SAFEs, and an increase of $2.3 million in dividend income from corporate cash swept into a money market fund. For additional information regarding the fair value change for each of the convertible note, warrant liabilities, and SAFEs, refer to Note 7. — Financing Activities and Note 11. — Warrants to our consolidated financial statements included in this prospectus.

#### Provision for (Benefit From) Income Taxes
|                                           | (in thousands, except percentages) | Fiscal Year Ended January 31, |  2024 |   |     |   |    2025 |   |     |   | $ Change |     |     | % Change |    |
|:------------------------------------------|:-----------------------------------|:------------------------------|------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:----|:----|:---------|:---|
| Provision for (benefit from) income taxes |                                    | $                             | 1,623 |   |     | $ | -55,218 |   |     | $ |  -56,841 |     |     |          | NM |
| Effective income tax rate                 |                                    |                               |   2.2 | % |     |   |   -39.8 | % |     |   |          |     |     |          |    |

______________

NM - Not Meaningful

Provision for (benefit from) income taxes decreased by $56.8 million for the fiscal year ended January 31, 2025, compared to the prior year, primarily due to the release of the $80.2 million valuation allowance on our U.S. federal and state deferred tax assets, leading to a decrease of $43.3 million in deferred federal tax expense and a decrease of $16.9 million in deferred state tax expense. For additional information, refer to Note 14. — Income Taxes to our consolidated financial statements included in this prospectus.

### Liquidity and Capital Resources
Since inception, we have financed operations primarily through issuances of redeemable convertible preferred stock, borrowings from credit facilities, and cash flow from operating activities.

As of January 31, 2025, our primary sources of liquidity were our unrestricted cash and cash equivalents of $142.9 million.

As of January 31, 2025, we were party to a credit agreement with a third-party financial institution to provide a revolving line of up to $50.