Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1139

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 6
Chunk 1139
---
    Cash and cash equivalents 
    $6,174  
    $6,174  
    $–  
    $–  
    $6,174 
  
    Restricted cash and equivalents 
     119,257  
     119,257  
     –  
     –  
     119,257 
  
    Finance receivables, net 
     24,684  
     –  
     –  
     20,848  
     20,848 
  
    Accrued interest receivable 
     292  
     –  
     –  
     292  
     292 
  
    Liabilities: 

    Warehouse lines of credit 
    $234,025  
    $–  
    $–  
    $234,025  
    $234,025 
  
    Accrued interest payable 
    7,928  
     –  
     –  
     7,928  
     7,928 
  
    Securitization trust debt 
     2,265,446  
     –  
     –  
     2,183,331  
     2,183,331 
  
    Subordinated renewable notes 
     17,188  
     –  
     –  
     17,188  
     17,188 

     F-38 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

13) Business Segment Information

The company has identified
one reportable segment. This determination is made by our Chief Executive Officer, who acts as the chief operating decision-maker (“CODM”),
in assessing performance and making decisions regarding resource allocation. The CODM assesses performance by reviewing the consolidated
financial statements, which reflect the financial results of our one reportable operating segment.

Although the Company operates
as one reportable segment, it serves a diverse network of 8,600 dealerships across 47 states, in which we provide financing to the dealer’s
less credit- worthy borrowers. During the year ended December 31, 2024, no dealer accounted for as much as 2% of the total number of automobile
contracts we purchased, and revenue generated from any individual borrower is deemed to be imm