Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 113

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 113
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921)(292,921)Balance at December 31, 202251,674 $52 $340,575 $763,582 $(322,728)$781,481 Common stock issued under stock plans, net of withholdings and related tax effects1,142 1 1,661 — — 1,662 Stock-based compensation— — 33,744 — — 33,744 Net income— — — 6,722 — 6,722 Other comprehensive income— — — — 35,741 35,741 Balance at December 31, 202352,816 $53 $375,980 $770,304 $(286,987)$859,350 Common stock issued under stock plans, net of withholdings and related tax effects1,411 2 2,102 — — 2,104 Stock-based compensation— — 29,928 — — 29,928 Net loss— — — (26,702)— (26,702)Other comprehensive income— — — — 8,905 8,905 Balance at December 31, 202454,227 $55 $408,010 $743,602 $(278,082)$873,585 

See notes to consolidated financial statements

62

GREEN DOT CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 31, 202420232022 (In thousands)Operating activities  Net (loss) income$(26,702)$6,722 $64,212 Adjustments to reconcile net (loss) income to net cash provided by operating activities: Depreciation and amortization of property, equipment and internal-use software63,422 58,714 57,101 Amortization of intangible assets21,277 24,257 23,509 Provision for uncollectible overdrawn accounts from purchase transactions19,762 24,771 13,771 Provision for loan losses27,562 26,311 32,352 Stock-based compensation29,928 33,744 34,812 Losses in equity method investments15,751 9,310 15,648 Amortization of discount on available-for-sale investment securities(1,986)(2,276)(1,434