Company: PGYWW
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001883085-25-000082
Chunk: 3

Company: Pagaya Technologies Ltd.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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realized loss on securities available for sale, net(15,784)(21,531)Comprehensive Loss Including Noncontrolling Interests$(13,292)$(53,193)Less: Comprehensive loss attributable to noncontrolling interests(5,303)(7,247)Comprehensive Loss Attributable to Pagaya Technologies Ltd.$(7,989)$(45,946)

The accompanying notes are an integral part of these condensed consolidated financial statements

4

PAGAYA TECHNOLOGIES LTD. 

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS’ EQUITY (UNAUDITED) 

(In thousands, except share amounts) 

Redeemable Convertible Preferred SharesOrdinary Shares (Class A and Class B)Additional Paid-In CapitalAccumulated Other Comprehensive Income (Loss)Retained Earnings (Accumulated Deficit)Total Pagaya Technologies Ltd. Shareholders’ Equity (Deficit)Non-Controlling InterestsTotal Shareholders’ EquitySharesAmountSharesAmountBalance – December 31, 20235,000,000 $74,250 62,043,246 $— $1,101,914 $444 $(542,637)$559,721 $106,028 $665,749 Issuance of ordinary shares upon exercise of share options— — 100,613 — 161 — — 161 — 161 Issuance of ordinary shares upon vesting of RSUs— — 660,447 — — — — — — — Share-based compensation— — — 17,618 — — 17,618 17,618 Issuance of ordinary shares, net of issuance cost of $5,312— — 7,500,000 — 89,938 — — 89,938 — 89,938 Issuance of ordinary shares from the Equity Financing Purchase Agreement— — 298,057 — 5,338 — — 5,338 — 5,338 Contributions of interests in consolidated VIEs— — — — — — — — 2,815 2,815 Return of capital to interests in consolidated VIEs— — — — — —