DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Estimated Fair Values of Financial Instruments

The estimated fair values of BMTX’s financial instruments at December 31, 2021 and December 31, 2020 were as follows:

					Fair Value Measurements at December 31, 2021
(amounts in thousands)	Carrying Amount		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents	$	25,704	$	25,704	$	25,704	$	—	$	—
Accounts receivable, net	9,161		9,161		9,161		—		—
Liabilities:
Liability for private warrants(1)	$	13,614	$	13,614	$	—	$	—	$	13,614

(1) The initial fair value of the warrants was $30.8 million on January 4, 2021, the merger date. The $17.2 million change in fair value during the twelve months ended December 31, 2021 was reported in Gain on fair value of private warrant liability on the Consolidated Statements of Income (Loss).

					Fair Value Measurements at December 31, 2020
(amounts in thousands)	Carrying Amount (As Restated)		Estimated Fair Value (As Restated)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents	$	2,989	$	2,989	$	2,989	$	—	$	—
Accounts receivable, net	10,033		10,033		10,033		—		—
Liabilities:
Borrowings from Partner Bank	$	21,000	$	21,000	$	—	$	21,000	$	—