Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 115

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 115
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647)Repurchase of Class A common stock— — (95,525)Deferred financing costs(1,075)— — Other financing activities— — (4,500)Net cash provided by (used in) financing activities743,148 (264,019)36,707 Net increase (decrease) in unrestricted cash, cash equivalents and restricted cash905,933 (133,343)(505,795)Unrestricted cash, cash equivalents and restricted cash, beginning of period686,502 819,845 1,325,640 Unrestricted cash, cash equivalents and restricted cash, end of period$1,592,435 $686,502 $819,845 Cash paid for interest$12,968 $5,923 $627 Cash paid for income taxes$13,590 $24,351 $12,966 Reconciliation of unrestricted cash, cash equivalents and restricted cashUnrestricted cash and cash equivalents$1,592,391 $682,263 $813,945 Restricted cash44 4,239 5,900 Total unrestricted cash, cash equivalents and restricted cash, end of period$1,592,435 $686,502 $819,845 

See notes to consolidated financial statements

63

Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1—Organization

Green Dot Corporation (“we,” “our,” or “us” refer to Green Dot Corporation and its consolidated subsidiaries) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, we have delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money. Through Green Dot Bank, our wholly-owned subsidiary, we deliver a broad spectrum of financial products to consumers and businesses through our portfolio of brands, including debit, checking, credit, prepaid, and payroll cards, as well as robust money processing services, such as tax refunds, cash deposits and disbursements.We were incorporated in Delaware in 1999 and became a bank holding company under the Bank Holding Company Act and Green Dot Bank became a member bank of the Federal Reserve System in December 2011.

Note 2—Summary of Significant Accounting Policies

Principles of Consolidation and Basis of PresentationOur