Dave Inc-2025年季度报告

each at an exercise price of $368 per share Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period than the registrant was required to file such reports), and (2) has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging Large acceleratedfiler Accelerated filer☒Smaller reporting company☐Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).YES☐NO☒ DAVE INC.TABLE OF CONTENTS PART I.FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets, ContinuedCondensed Consolidated Statements of Operations Condensed Consolidated Statements of Comprehensive IncomeCondensed Consolidated Statement of Stockholders’ EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial StatementsManagement's Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures About Market RiskControls and Procedures PART II.OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Form 10-Q” or this “report”) contains forward-looking statements within the meaningof Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of1934, as amended (the “Exchange Act”). All statements contained in this Form 10-Q other than statements of historical fact,including statements regarding our future results of operations, financial position, market size and opportunity, our businessstrategy and plans, the factors affecting our performance, our objectives for future operations, our liquidity, borrowing capacity, ouruse of cash and cash requirements and the expected effects of new accounting pronouncements, are forward-looking statements.The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “can,” “expect,”“project,” “outlook,” “forecast,” “objective,” “plan,” “potential,” “seek,” “grow,” “target,” “if” and similar expressions are intendedto identify forward-looking statements. We have based these forward-looking statements largely on our current expectations andprojections about future events and trends that we believe may affect our financial condition, results of operations, businessstrategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are •the ability of Dave to compete in its highly competitive industry;•the ability of Dave to keep pace with the rapid technological developments in its industry and the larger financialservices industry;•the ability of Dave to manage risks associated with providing ExtraCash;•the ability of Dave to retain its current customers, acquire new customers (collectively, "Members") and sell additionalfunctionality and services to its Members;•the ability of Dave to protect intellectual property and trade secrets; We caution you that the foregoing list of judgments, risks and uncertainties that may cause actual results to differ materially fromthose in the forward-looking statements may not be complete. You should not rely upon forward-looking statements as predictions future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Althoughwe believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, activity, performance or achievements. Except as required by law, we do not intend to update any of these forward-lookingstatements after the date of this report or to conform these statements to actual results or revised expectations. You should read th