Company: WLTH
Filing Date: 2025-12-02
Form Type: S-1/A
Source: 0001628280-25-054592
Chunk: 376

Company: WEALTHFRONT CORP
Filing Date: 2025-12-02
Form: S-1/A
Chunk 376
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 Financial Statements</div>

does not have deferred revenue as of January 31, 2024 and 2025. No other contract assets or liabilities existed for the fiscal years ended January 31, 2024 and 2025 .

The table below sets forth the opening and closing balances for accounts receivable from contracts with clients (in thousands):

|                                   |     | Cash Management Receivable |        |     | Investment Advisory Receivable |       |     | Other Receivable |       |     | Total Accounts Receivable |        |
|:----------------------------------|:----|:---------------------------|-------:|:----|:-------------------------------|------:|:----|:-----------------|------:|:----|:--------------------------|-------:|
| Opening Balance, February 1, 2023 |     | $                          |  6,047 |     | $                              | 4,406 |     | $                |   415 |     | $                         | 10,868 |
| Change                            |     |                            |  8,533 |     |                                |   897 |     |                  |  -117 |     |                           |  9,313 |
| Closing Balance, January 31, 2024 |     |                            | 14,580 |     |                                | 5,303 |     |                  |   298 |     |                           | 20,181 |
| Change                            |     |                            |  6,402 |     |                                | 1,365 |     |                  | 1,179 |     |                           |  8,946 |
| Closing Balance, January 31, 2025 |     | $                          | 20,982 |     | $                              | 6,668 |     | $                | 1,477 |     | $                         | 29,127 |

Cash management receivable increased by 141% and 44% for the fiscal years ended January 31, 2024 and 2025, respectively, compared to the prior year. The increase of the cash management receivable balance was driven by increases in the average Cash Account balances during each period.

#### 5.

#### Property, Software and Equipment, Net
Property, software, and equipment, net as of January 31, 2024 and 2025 consists of the following (in thousands):

|                                                 |     | January 31, |    2024 |     |   |    2025