Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents		$ 76,091	$ 167,643
Accounts receivable, net		12,226	19,106
Short-term investments		3,746	24,099
Reinsurance balance due		0	92,303
Prepaid expenses and other current assets		13,283	32,837
Restricted cash and cash equivalents		8,407	29,139
Total current assets		113,753	365,127
Property, equipment, and software, net		26,465	22,542
Goodwill		191,907	191,907
Long-term investments		29,228	158,652
Intangible assets, net		35,207	68,746
Other assets		6,965	6,994
Cash and cash equivalents, including restricted		187,893	196,782
Total assets		770,717	813,968
Current liabilities
Accounts payable		4,180	4,538
Accrued expenses and other current liabilities		44,294	41,245
Deferred revenue		4,255	248,669
Refundable customer deposits		13,498	12,629
Current debt		0	150
Losses and loss adjustment expense reserves		0	67,785
Other insurance liabilities, current		0	39,140
Total current liabilities		66,227	414,156
Long-term debt		394,128	403,788
Other liabilities		17,690	39,249
Total liabilities		772,905	857,193
Commitments and contingencies (Note 16)
Stockholders' deficit
Common stock, $0.0001 par value per share		10	10
Additional paid-in capital		604,333	717,066
Accumulated other comprehensive income (loss)		298	(5,446)
Accumulated deficit		(633,933)	(754,855)
Porch stockholders' deficit		(29,292)	(43,225)
Noncontrolling interest related to the Reciprocal		27,104	0
Total stockholders' deficit		(2,188)	(43,225)
Total liabilities and stockholders' deficit		770,717	813,968
Variable Interest Entity, Primary Beneficiary
Current assets
Cash and cash equivalents		102,376	0
Accounts receivable, net	[1]	6,150	0
Short-term investments	[1]	1,181	0
Reinsurance balance due	[1]	45,543	0
Prepaid expenses and other current assets	[1]	14,715	0
Restricted cash and cash equivalents		1,019	0
Long-term investments	[1]	170,963	0
Intangible assets, net	[1]	25,245	0
Cash and cash equivalents, including restricted	[1]	103,395	0
Current liabilities
Accrued expenses and other current liabilities	[2]	2,847	0
Losses and loss adjustment expense reserves	[2]	68,067	0
Other insurance liabilities, current	[2]	29,958	0
Other liabilities	[2]	890	0
Deferred revenue	[2]	$ 193,098	$ 0

[1] Porch Reciprocal Exchange (the “Reciprocal”) is a consolidated variable interest entity not owned by Porch Group, Inc. (see Note 3 in the unaudited Notes to Condensed Consolidated Financial Statements).

[2] The Reciprocal is a consolidated variable interest entity not owned by Porch Group, Inc. (see Note 3 in the unaudited Notes to Condensed Consolidated Financial Statements)