Figure Certificate Co. Files Q2 2025 10-Q

TL;DR

Figure Certificate Co. dropped its Q2 2025 10-Q on Aug 14. Check financials.

AI Summary

Figure Certificate Co. filed its 10-Q for the period ending June 30, 2025. The filing, submitted on August 14, 2025, provides financial details for the second quarter. The company is incorporated in Delaware and its principal business address is in San Francisco, California.

Why It Matters

This 10-Q filing provides investors with an update on Figure Certificate Co.'s financial performance and position as of the end of the second quarter of 2025.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags or significant new risks.

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
• 20250814 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Figure Certificate Co. (company) — Filer of the 10-Q
• 0001641172-25-023630 (other) — Accession Number for the filing
• 20250630 (date) — End of the reporting period
• 20250814 (date) — Filing date
• San Francisco, CA (location) — Company's business and mailing address

FAQ

Key Financial Figures

• $0.0001 — ch registered Common stock, par value $0.0001 per share None None Indicate by c

Filing Documents

• form10-q.htm (10-Q) — 936KB
• ex31-1.htm (EX-31.1) — 19KB
• ex31-2.htm (EX-31.2) — 19KB
• ex32-1.htm (EX-32.1) — 5KB
• ex32-2.htm (EX-32.2) — 5KB
• ex99-1.htm (EX-99.1) — 7KB
• ex99-1_001.jpg (GRAPHIC) — 4KB
• ex99-1_002.jpg (GRAPHIC) — 2KB
• 0001641172-25-023630.txt ( ) — 3858KB
• fcc-20250630.xsd (EX-101.SCH) — 30KB
• fcc-20250630_cal.xml (EX-101.CAL) — 40KB
• fcc-20250630_def.xml (EX-101.DEF) — 72KB
• fcc-20250630_lab.xml (EX-101.LAB) — 218KB
• fcc-20250630_pre.xml (EX-101.PRE) — 164KB
• form10-q_htm.xml (XML) — 539KB

- Financial Information

Part I - Financial Information 4

Condensed Financial Statements

Item 1. Condensed Financial Statements 4 Condensed Balance Sheets - June 30, 2025 and December 31, 2024 4 Condensed Statements of Operations – Three and Six Months Ended June 30, 2025 and 2024 5 Condensed Statements of Stockholder's Equity – Three and Six Months Ended June 30, 2025 and 2024 6 Condensed Statements of Cash Flows – Three and Six Months Ended June 30, 2025 and 2024 7 Notes to Condensed Financial Statements 8

Supplementary Schedules

Item 2. Supplementary Schedules: 19 Schedule I—Investment in Securities of Unaffiliated Issuers 19 Schedule II—Investments in and Advances to Affiliates and Income Thereon 20 Schedule III—Mortgage loans on Real Estate and Interest Earned on Mortgages 21 Schedule IV—Real Estate Owned and Rental Income 22 Schedule V—Qualified Assets on Deposit 23 Schedule VI—Certificate Reserves 24 Schedule VII—Valuation and qualifying accounts 25 Schedule VIII—Supplementary Profit and Loss Information 26

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 3. Management's Discussion and Analysis of Financial Condition and Results of Operations 27

Quantitative and Qualitative Disclosures About Market Risk

Item 4. Quantitative and Qualitative Disclosures About Market Risk 32

Controls and Procedures

Item 5. Controls and Procedures 33

- Other Information

Part II - Other Information 33

Legal Proceedings

Item 1. Legal Proceedings 33

Risk Factors

Item 1A. Risk Factors 34

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 34

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 34

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 34

Other Information

Item 5. Other Information 34

Exhibits

Item 6. Exhibits 35

SIGNATURES

SIGNATURES 36 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q ("Form 10-Q"), as well as information included in oral statements or other written statements made or to be made by us, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this Report, including regarding future operations, are forward-looking statements. In some cases, forward-looking statements may be identified by words such as "anticipate," "believe," "continue," "could," "design," "estimate," "expect," "intend," "may," "plan," "potentially," "predict," "project," "should," "will," "would," or the negative of these terms or other similar expressions. These forward-looking statements include, but are not limited to, statements concerning the following: our expectations regarding our future revenue, expenses, and other operating results and key operating metrics; our ability to compete successfully in a highly competitive and evolving industry; our ability to attract new consumers and retain and grow our relationships with our existing consumers; our expectations regarding the development, innovation, introduction of, and demand for, our products; our ability to maintain, renew or replace our existing funding arrangements and build and grow new funding relationships; the impact of any of our funding sources becoming unwilling or unable to provide funding to us on terms acceptable to us, or at all; the future growth rate of our revenue and related key operating metrics; our ability to achieve sustained profitability in

financial statements and disclosures

financial statements and disclosures. Note 3. Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction with ma

View Full Filing

View this 10-Q filing on SEC EDGAR