Company: WLTH
Filing Date: 2025-09-23
Form Type: DRS/A
Source: 0001524566-25-000011
Chunk: 185

Company: WEALTHFRONT CORP
Filing Date: 2025-09-23
Form: DRS/A
Chunk 185
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ii) Adjusted Daily Simple SOFR, plus 2.0% per annum. The base rate is defined as the highest of (i) the Prime Rate; (ii) the Federal Funds Rate, plus 0.50%, and (c) Adjusted Daily Simple SOFR plus 1.00%, and is payable on a monthly basis. The Revolver was not drawn on during the six months ended July 31, 2025.

#### Cash Flows
The following table presents summarized condensed consolidated cash flow information for the periods presented (in thousands):

| (in thousands, except percentages)                  |     | 2024 | Fiscal Year Ended January 31, |     | 2025 |         |     | 2024 | Six Months Ended July 31, |     | 2025 |        |
|:----------------------------------------------------|:----|:-----|------------------------------:|:----|:-----|--------:|:----|:-----|--------------------------:|:----|:-----|-------:|
| Net cash provided by operating activities           |     | $    |                        72,918 |     | $    | 123,150 |     | $    |                    68,077 |     | $    | 77,405 |
| Net cash used in investing activities               |     |      |                        -5,163 |     |      |  -5,843 |     |      |                    -3,810 |     |      |   -632 |
| Net cash provided by (used in) financing activities |     |      |                       -39,499 |     |      | -58,546 |     |      |                   -28,988 |     |      |  4,883 |

Operating Activities

Cash provided by operating activities was $68.1 million for the six months ended July 31, 2024, primarily due to the net income of $132.3 million and changes in operating assets and liabilities of $1.9 million, offset by $65.3 million non-cash adjustments. Non-cash adjustments of $65.3 million primarily reflect deferred income taxes, stock-based compensation, depreciation and amortization, non-cash lease expense, and fair value changes.

Cash provided by operating activities was $77.4 million for the six months ended July 31, 2025, primarily due to the net income of $60.7 million and non-cash adjustments of $19.9 million offset by $3