UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-37945 FlexShopper, Inc. (Exact name of registrant as specified in its charter) Delaware 20-5456087 (State or Other Jurisdicti ...

FlexShopper, Inc. (NASDAQ:FPAY) Q4 2021 Earnings Conference Call March 31, 2022 9:00 AM ET Company Participants Jeremy Hellman - The Equity Group Rich House - Chief Executive Officer Russ Heiser - Chief Financial Officer Conference Call Participants Scott Buck - H.C. Wainwright Operator Greetings and welcome to the FlexShopper Fourth Quarter and Fiscal Year 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. [Operat ...

Financial Performance - Total revenues for the year ended December 31, 2021, were $125,426,756, an increase of 23.0% compared to $102,084,514 in 2020[186] - Net income attributable to common and Series 1 Convertible Preferred shareholders for 2021 was $833,675, a significant improvement from a net loss of $3,492,096 in 2020[186] - Operating income for 2021 was $7,364,819, compared to $4,625,715 in 2020, reflecting a 59.7% increase[186] - Net income for the year ended December 31, 2021, was $3,272,774, compared to a net loss of $339,896 for the year ended December 31, 2020[191] - The company reported a basic and diluted income per common share of $0.04 for 2021, compared to a loss of $0.17 per share in 2020[186] Assets and Liabilities - Total assets increased to $84,812,056 as of December 31, 2021, up from $68,249,379 in 2020, representing a growth of 24.3%[184] - Current liabilities decreased to $12,586,724 in 2021 from $17,067,745 in 2020, a reduction of 26.5%[184] - Accounts receivable increased to $57,602,269 as of December 31, 2021, from $32,171,255 as of December 31, 2020, with an allowance for doubtful accounts of $27,703,278[199] - Total stockholders' equity increased to $16,143,619 as of December 31, 2021, from $11,154,046 as of December 31, 2020[188] Cash Flow and Operating Activities - The company’s cash position decreased to $5,094,642 in 2021 from $8,541,232 in 2020, a decline of 40.5%[184] - Net cash used in operating activities for the year ended December 31, 2021, was $(11,256,031), compared to $(5,207,547) in 2020[191] - Cash at the end of the period decreased to $5,094,642 as of December 31, 2021, from $8,541,232 at the end of 2020[191] Revenue Sources - Lease revenues and fees, net, for 2021 were $118,355,184, up from $96,939,767 in 2020, marking a 22.0% increase[186] - Lease billings and accruals increased to $158,844,724 in 2021 from $128,870,481 in 2020, representing a growth of approximately 23.3%[202] - Lease revenues and fees rose to $118,355,184 in 2021, up from $96,939,767 in 2020, marking an increase of about 22.1%[202] Expenses - Marketing expenses rose to $9,129,062 in 2021, compared to $5,880,063 in 2020, an increase of 55.5%[186] - Depreciation and impairment of lease merchandise for 2021 was $73,616,293, compared to $63,308,210 in 2020[191] - Total operating and finance lease expenses amounted to $401,463 in 2021, compared to $433,654 in 2020, reflecting a decrease of about 7.4%[230] Debt and Financing - Proceeds from loan payable under credit agreement for 2021 were $19,850,000, compared to $15,033,000 in 2020[191] - The outstanding balance under the Credit Agreement increased from $37,195,696 in 2020 to $50,475,000 in 2021, an increase of approximately 35.6%[247] - Interest expense under the Credit Agreement rose to $4,323,830 in 2021 from $3,192,019 in 2020, an increase of about 35.4%[247] Stock and Equity - The Company raised gross proceeds of $20.0 million from the sale of 20,000 shares of Series 2 Convertible Preferred Stock, with an additional $1.95 million from 1,952 shares sold to another investor[251] - As of December 31, 2021, the Company had outstanding warrants exercisable for 2,255,184 shares of common stock at an exercise price of $1.25 per share[261] - The number of outstanding stock options increased from 2,595,700 at the beginning of 2021 to 3,080,904 by the end of 2021, reflecting a growth of approximately 18.6%[268] Tax and Deferred Tax - The effective tax rate for the year ended December 31, 2021 was impacted by a valuation allowance against net deferred tax assets, with total income tax expense recorded at $785,310 compared to $663,050 in 2020[273] - The total gross deferred tax assets as of December 31, 2021 were $11,923,332, with a valuation allowance of $12,418,498, resulting in a net deferred tax liability of $(495,166)[271] Other Financial Metrics - The provision for bad debt for the year ended December 31, 2021, was $40,489,540, up from $31,930,714 in 2020[199] - The company recognized a gain of $1,931,825 from the forgiveness of a Paycheck Protection Program loan in 2021[284] - The federal net operating loss carryforwards available to offset future income as of December 31, 2021 amounted to approximately $56,375,431[272]

FlexShopper, Inc. (NASDAQ:FPAY) Q3 2021 Earnings Conference Call November 16, 2021 9:00 AM ET Company Participants Jeremy Hellman - IR Richard House, Jr. - CEO H. Russell Heiser, Jr. - CFO Conference Call Participants Scott Buck - H.C. Wainwright Ed Woo - Ascendiant Capital Markets Operator Greetings and welcome to the FlexShopper LLC Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. ...

Investor Presentation Nov 2021 Safe Harbor Statement & Use of Non-GAAP Information Forward Looking Statements This presentation includes forward looking statements that are made pursuant to the "safe harbor" provisions of the private securities litigation reform act of 1995 Forward looking statements reflect our current views with respect to future events and involve inherent risks and uncertainties which could cause actual results to differ materially from our historical experience and present expectations ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-37945 FlexShopper, Inc. (Exact name of registrant as specified in its charter) | Delaware | 20-5456087 | | --- | --- | | ...

FlexShopper, Inc. (NASDAQ:FPAY) Q2 2021 Earnings Conference Call August 10, 2021 9:00 AM ET Company Participants Jeremy Hellman - IR Rich House - CEO Russ Heiser - CFO Conference Call Participants Scott Buck - H.C, Wainwright Michael Diana - Maxim Group, LLC Ed Woo - Ascendiant Capital Markets Operator Greetings and welcome to the FlexShopper LLC Second quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentatio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission file number: 001-37945 FlexShopper, Inc. (Exact name of registrant as specified in its charter) | Delaware | 20-5456087 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 901 Yamato Road, Suite 260, Boca Raton, Florida | 33431 | | (Address of Principal Executive Offices) | (Zip Code) | (855) 353-9289 (Registrant's Telephone Number, Includ ...

| --- | --- | |---------------------------------------------------------------------------|--------------------------------| | | | | FPAY The Omni-Channel Lease-to-Own Provider for Consumers and Businesses | Investor Presentation May 2021 | | | | Confidential & Proprietary Safe Harbor Statement & Use on Non-GAAP Information Forward Looking Statements: This presentation includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the private securities litigation reform act o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 20-5456087 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 901 Yamato Road, Suite 260, Boca Raton, Florida 33431 (Address of Principal Executive Offices) (Zip Code) (855) 353-9289 (Registrant's Telephone Number, Including Area Code) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ...