Company: WLTH
Filing Date: 2025-06-18
Form Type: DRS
Source: 0001628279-25-000372
Chunk: 146

Company: WEALTHFRONT CORP
Filing Date: 2025-06-18
Form: DRS
Chunk 146
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, or 12%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to an increase of $6.3 million in personnel-related expenses due to increased headcount.

General and Administrative

General and administrative expenses increased by $5.3 million, or 22%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to an increase of $4.0 million in professional fees.

Marketing

Marketing expenses increased by $31.0 million, or 147%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to an increase of $27.3 million in advertising expenses.

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Operations and Support

Operations and support expenses increased by $0.9 million, or 9%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was due to an increase of $0.9 million in personnel-related expenses due to increased headcount.

#### Interest Expense
|                  | (in thousands, except percentages) | Fiscal Year Ended January 31, |  2024 |     |   |  2025 |     |   | $ Change |     |     | % Change |   |
|:-----------------|:-----------------------------------|:------------------------------|------:|:----|:--|------:|:----|:--|---------:|:----|:----|---------:|:--|
| Interest expense |                                    | $                             | 2,000 |     | $ | 2,810 |     | $ |      810 |     |     |       41 | % |

Interest expense increased by $0.8 million, or 41%, for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to the increase of the interest rate for the Bridge Loan.

#### Other Expense (Income), Net
|                             | (in thousands, except percentages) | Fiscal Year Ended January 31, | 2024 |     |   |    2025 |     |   | $ Change |     |     | % Change |    |
|:----------------------------|:-----------------------------------|:------------------------------|-----:|:----|:--|--------:|:----|:--|---------:|:----|:----|