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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as a result of the Bay Equity acquisition and is subject to revision as more detailed analyses are completed and additional information about the fair value of assets acquired and liabilities assumed becomes available:

Cash and cash equivalents$39,963 
Restricted cash2,367 
Accounts receivable9,697 
Prepaid expenses1,222 
Other current assets19,262 
Property and equipment, net897 
Operating lease right-of-use assets4,995 
Loans held for sale213,891 
Mortgage servicing rights, at fair value33,982 
Other assets, noncurrent294 
Intangible assets14,510 
Goodwill51,967 
Total assets acquired393,047 
Accounts payable1,747 
Accrued and other liabilities38,026 
Lease liabilities2,848 
Lease liabilities and deposits, noncurrent2,147 
Warehouse credit facilities208,608 
Total liabilities assumed253,376 
Total purchase consideration$139,671 
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination The following table provides the preliminary fair values of the Bay Equity intangible assets, along with their estimated useful lives:
Estimated Fair ValueEstimated Useful Life (in years)
Trade names$11,650 5
Developed technology2,860 3
Total$14,510 
Business Acquisition, Pro Forma Information The pro forma financial information presented below includes adjustments for depreciation and amortization, restructuring costs, and transaction costs:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenue$606,915 $560,241 $1,260,129 $941,990 
Net loss(78,967)(14,538)(165,561)(32,785)