Offerpad Solutions Inc.: Form 10-K for the period ended Dec 31, 2021
Filed with the SEC on Mar 7, 2022 and accepted by EDGAR at Mar 7, 2022, 21:09 ET.
Sections
The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2021-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2021-10-01 to 2021-12-31 | $867.5m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 12 months2021-01-01 to 2021-12-31 | $2.07bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months2021-01-01 to 2021-12-31 | $1.86bn | us-gaap:CostOfRevenue |
| Gross profit | 3 months2021-10-01 to 2021-12-31 | $70.3m | us-gaap:GrossProfit |
| Gross profit | 12 months2021-01-01 to 2021-12-31 | $207.8m | us-gaap:GrossProfit |
| Research and development | 12 months2021-01-01 to 2021-12-31 | $10.9m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 3 months2021-10-01 to 2021-12-31 | $3.3m | us-gaap:OperatingIncomeLoss |
| Operating income | 12 months2021-01-01 to 2021-12-31 | $19.8m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months2021-01-01 to 2021-12-31 | $15.8m | us-gaap:InterestExpense |
| Income tax | 12 months2021-01-01 to 2021-12-31 | $170.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2021-10-01 to 2021-12-31 | $12.8m | us-gaap:NetIncomeLoss |
| Net income | 12 months2021-01-01 to 2021-12-31 | $6.5m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2021-10-01 to 2021-12-31 | $0.05 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 12 months2021-01-01 to 2021-12-31 | $0.05 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2021-10-01 to 2021-12-31 | $0.05 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 12 months2021-01-01 to 2021-12-31 | $0.05 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months2021-01-01 to 2021-12-31 | 143,220,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months2021-01-01 to 2021-12-31 | −$921.9m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months2021-01-01 to 2021-12-31 | $13.7m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | At period end2021-12-31 | $169.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2021-12-31 | $1.34bn | us-gaap:AssetsCurrent |
| Total assets | At period end2021-12-31 | $1.35bn | us-gaap:Assets |
| Current liabilities | At period end2021-12-31 | $1.07bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2021-12-31 | $1.10bn | us-gaap:Liabilities |
| Shareholders' equity | At period end2021-12-31 | $257.6m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-22-002999. Last ingested by Listed: Oct 24, 2026, 15:15 ET. Listed shows no prices and gives no investment advice.