Company: ATLCL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025502
Chunk: 148

Company: Atlanticus Holdings Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 148
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7)  (1.7)
 Charge-offs   —   1.7   1.7   —   3.4   3.4 
 Recoveries   —   (0.6)  (0.6)  —   (0.7)  (0.7)
 Balance at end of period  $(6.1) $(4.9) $(11.0) $—  $(2.4) $(2.4)

   (1) For the three months ended June 30, 2025, we recorded a provision for credit losses associated with our notes receivable from consumer technology platforms that are included in Prepaid expenses and other assets on our condensed consolidated balance sheets.
   
     For the Six Months Ended June 30,   2025    2024  
   Notes Receivable    Auto Finance    Total    Notes Receivable    Auto Finance    Total  
 Allowance for credit losses:                         
 Balance at beginning of period  $(5.9) $(4.9) $(10.8) $—  $(1.8) $(1.8)
 Provision for credit losses(1)   (0.2)  (2.3)  (2.5)  —   (4.7)  (4.7)
 Charge-offs   —   3.5   3.5   —   5.3   5.3 
 Recoveries   —   (1.2)  (1.2)  —   (1.2)  (1.2)
 Balance at end of period  $(6.1) $(4.9) $(11.0) $—  $(2.4) $(2.4)

   (1) For the six months ended June 30, 2025, we recorded a provision for credit losses associated with our notes receivable from consumer technology platforms that are included in Prepaid expenses and other assets on our condensed consolidated balance sheets.
   
       June 30,    December 31,  
 As of   2025    2024  
 Allowance for credit losses:         
 Balance of Notes Receivable at end of period individually evaluated