Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 48,504	$ 75,967
Restricted cash		9,922	3,967
Accounts receivable		5,589	9,935
Real estate inventory		256,472	276,500
Prepaid expenses and other current assets		2,553	5,236
Total current assets		323,040	371,605
Property and equipment, net		5,190	4,517
Other non-current assets		10,258	3,572
Total assets	[1]	338,488	379,694
Current liabilities:
Accounts payable		2,564	4,946
Accrued and other current liabilities		10,090	13,859
Secured credit facilities and other debt, net		216,439	227,132
Secured credit facilities and other debt - related party		34,406	30,092
Total current liabilities		263,499	276,029
Warrant liabilities		122	471
Other long-term liabilities		10,154	1,418
Total liabilities	[2]	273,775	277,918
Commitments and contingencies (Note 16)
Stockholders' equity:
Additional paid in capital		507,431	499,660
Accumulated deficit		(442,721)	(397,887)
Total stockholders' equity		64,713	101,776
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		338,488	379,694
Class A Common Stock
Stockholders' equity:
Common stock value		$ 3	$ 3

[1] Our consolidated assets as of September 30, 2024 and December 31, 2023 include the following assets of certain variable interest entities (“VIEs”) that can only be used to settle the liabilities of those VIEs: Restricted cash, $9,922 and $3,867; Accounts receivable, $1,897 and $6,782; Real estate inventory, $256,472 and $276,500; Prepaid expenses and other current assets, $379 and $1,588; Total assets of $268,670 and $288,737, respectively.

[2] Our consolidated liabilities as of September 30, 2024 and December 31, 2023 include the following liabilities for which the VIE creditors do not have recourse to Offerpad: Accounts payable, $1,124 and $1,798; Accrued and other current liabilities, $1,595 and $2,027; Secured credit facilities and other debt, net, $250,845 and $257,224; Total liabilities, $253,564 and $261,049, respectively.