Open Lending Corporation LPRO Program fees — Transfer from excess profit share receipts liability
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Where this comes from
Reported directly by Open Lending Corporation in its filing.
Tagged under the XBRL concept lpro:ContractWithCustomerAssetTransfers.
The official record: Open Lending Corporation’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Open Lending Corporation's program fees — transfer from excess profit share receipts liability?
- Open Lending Corporation (LPRO) reported program fees — transfer from excess profit share receipts liability of $0 in Q1 2026.
- What does program fees — transfer from excess profit share receipts liability mean?
- Represents the reclassification of liabilities related to excess profit sharing into recognized revenue or asset adjustments. This occurs when specific contractual conditions are met, allowing the company to realize previously deferred profit-sharing amounts. It reflects the successful realization of performance-based incentives.