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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Unrestricted cash and cash equivalents $ 329,421 $ 375,416
Restricted cash and cash equivalents 153,814 124,220
Loans, interest and fees receivable, at fair value 3,004,724 2,630,274
Loans at amortized cost, net (including $4.9 million and $4.9 million of allowance for credit losses at June 30, 2025 and December 31, 2024, respectively; and $19.7 million and $19.8 million of deferred revenue at June 30, 2025 and December 31, 2024, respectively) 82,011 84,332
Property at cost, net of depreciation 13,659 10,519
Operating lease right-of-use assets 13,696 13,878
Prepaid expenses and other assets 45,850 32,068
Total assets 3,643,175 3,270,707
Liabilities    
Accounts payable and accrued expenses 112,791 72,088
Operating lease liabilities 23,981 24,188
Notes Payable, net held by VIEs 2,466,059 2,199,448
Senior notes, net 308,339 281,552
Income tax liability 132,827 114,068
Total liabilities 3,043,997 2,691,344
Commitments and contingencies (Note 10)
Shareholders' Equity    
Common stock, no par value, 150,000,000 shares authorized: 15,125,831 and 14,904,192 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 0 0
Paid-in capital 112,399 98,278
Retained earnings 450,925 394,628
Total shareholders’ equity attributable to Atlanticus Holdings Corporation 563,324 492,906
Noncontrolling interests (4,146) (3,543)
Total equity 559,178 489,363
Total liabilities, shareholders' equity and temporary equity 3,643,175 3,270,707
Series A Preferred Stock [Member]    
Liabilities    
Series A preferred stock, 400,000 shares issued and outstanding (liquidation preference - $40.0 million) at June 30, 2025 and December 31, 2024 (Note 5) (1) [1] 40,000 40,000
Class B preferred units issued to noncontrolling interests (Note 5) [1] 40,000 40,000
Series B Preferred Stock [Member]    
Liabilities    
Series A preferred stock, 400,000 shares issued and outstanding (liquidation preference - $40.0 million) at June 30, 2025 and December 31, 2024 (Note 5) (1) 0 50,000
Class B preferred units issued to noncontrolling interests (Note 5) 0 50,000
Shareholders' Equity    
Series B preferred stock, no par value, 3,457,443 shares issued and outstanding at June 30, 2025 (liquidation preference - $86.4 million); 3,301,179 shares issued and outstanding at December 31, 2024 (liquidation preference - $82.5 million) (1) [1] $ 0 $ 0
[1] Both the Series A preferred stock and the Series B preferred stock have no par value and are part of the same aggregate 10,000,000 shares authorized.