Company: WLTH
Filing Date: 2025-12-02
Form Type: S-1/A
Source: 0001628280-25-054592
Chunk: 359

Company: WEALTHFRONT CORP
Filing Date: 2025-12-02
Form: S-1/A
Chunk 359
---
 effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Ernst & Young LLP

We have served as the Company’s auditor since 2016.

San Francisco, California

June 18, 2025

<div align='center'>F-2</div>

### WEALTHFRONT CORPORATION

### CONSOLIDATED BALANCE SHEETS
<div align='center'>(in thousands, except per share and share amounts)</div>

| Assets                                                                                                                                                                                                                                                                                    
 Current assets:                                                                                                                                                                                                                                                                           |     | January 31, 
 2024        |          |     | 2025 |         |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:------------|---------:|:----|:-----|--------:|
| Cash and cash equivalents                                                                                                                                                                                                                                                                 |     | $           |   86,721 |     | $    | 142,860 |
| Cash segregated and on deposit for regulatory purposes                                                                                                                                                                                                                                    |     |             |    6,461 |     |      |   9,083 |
| Due from clients                                                                                                                                                                                                                                                                          |     |             |   69,466 |     |      | 118,518 |
| Accounts receivable                                                                                                                                                                                                                                                                       |     |             |   20,181 |     |      |  29,127 |
| Client-held fractional shares                                                                                                                                                                                                                                                             |     |             |    9,024 |     |      |  28,057 |
| Other current assets                                                                                                                                                                                                                                                                      |     |             |    8,708 |     |      |  18,805 |
| Total current assets                                                                                                                                                                                                                                                                      |     |             |  200,561 |     |      | 346,450 |
| Deferred tax assets, net                                                                                                                                                                                                                                                                  |     |             |        — |     |      |  60,194 |
| Operating lease right-of-use asset                                                                                                                                                                                                                                                        |     |             |   14,295 |     |      |  11,229 |