Company: CPSS
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683168-25-005901
Chunk: 4

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 4
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2,685 
  
    Finance lease cost 
     55  
     34  
     110  
     48 
  
    Total lease cost 
    $1,365  
    $1,345  
    $2,731  
    $2,733 

The following table presents the supplemental
cash flow information related to leases:

    Schedule of supplemental cash flow information related to leases 

    Three Months Ended  
    Six Months Ended 

    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Cash paid for amounts included in the measurement of lease liabilities: 
    (In thousands)  
    (In thousands) 
  
    Operating cash flows from operating leases 
    $1,310  
    $1,311  
    $2,621  
    $2,685 
  
    Operating cash flows from finance leases 
     47  
     28  
     94  
     41 
  
    Financing cash flows from finance leases 
     7  
     6  
     15  
     7 

Stock-based Compensation

We recognize compensation costs in the financial
statements for all share-based payments based on the grant date fair value estimated in accordance with the provisions of ASC 718 “Stock
Compensation”.

     11 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS

For the three and six months ended June 30, 2025,
we recorded stock-based compensation costs in the amount of $645,000 and $1.4 million, respectively. These stock-based compensation costs
were $809,000 and $1.6 million for the three and six months ended June 30, 2024. As of June 30, 2025, unrecognized stock-based compensation
costs to be recognized over future periods equaled $1.6 million. This amount will be recognized as expense over a weighted-average period
of 0.5 years.

The following represents stock option activity
for the six months ended June 30, 2025: 

    Schedule of stock option activity 

    Weighted

    Number of  
    Weighted  
    Average

    Shares