Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 375

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 375
---
rears, in accordance with the Company’s contracts with the applicable counterparties. Receivables relate to the Company’s unconditional right to receive payment for its performance completed under the contract. The Company does not have deferred revenue as of January 31, 2025 and July 31, 2025. No other contract assets or liabilities existed as of January 31, 2025 and July 31, 2025.

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

| Opening Balance, January 31, 2025 
 Change                            |     | Cash Management Receivable | 20,982 
  1,799 |     | Investment Advisory Receivable | 6,668 
 1,056 |     | Other Receivable |   1,477 
 (1,037) |     | Total Accounts Receivable | 29,127 
  1,818 |
|:----------------------------------|:----|:---------------------------|-------:|:----|:-------------------------------|------:|:----|:-----------------|--------:|:----|:--------------------------|-------:|
| Closing Balance, July 31, 2025    |     | $                          | 22,781 |     | $                              | 7,724 |     | $                |     440 |     | $                         | 30,945 |

#### 5.

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

|                                                 |     | 2025 | January 31, |     | 2025 | July 31, |
|:------------------------------------------------|:----|:-----|------------:|:----|:-----|---------:|
| Leasehold improvements                          |     | $    |       2,467 |     | $    |    2,475 |
| Computer equipment                              |     |      |       4,539 |     |      |    5,152 |
| Furniture and fixtures                          |     |      |         689 |     |      |      700 |
| Internally developed software                   |     |      |      37,702 |     |      |   36,993 |
| Total                                           |     |      |      45,397 |     |      |   45,320 |