XML 64 R55.htm IDEA: XBRL DOCUMENT v3.22.2.2
RELATIONSHIP WITH OUR PARTNER BANK (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 01, 2022
Jan. 04, 2021
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Nov. 29, 2021
Related Party Transaction [Line Items]                
Employer matching contribution, percent of match         50.00%      
Employer matching contribution, percent of eligible compensation         6.00%      
401(k) matching contributions     $ 200,000 $ 100,000 $ 600,000 $ 500,000    
Warrant repurchase program, class of warrant or right, cost (in shares) 1,169,963              
Warrant repurchase program, class of warrant or right, average cost per share (in dollars per share) $ 1.69              
Repurchase of private warrants         $ 1,977,000 0    
Merger Consideration Share Based Compensation Award                
Related Party Transaction [Line Items]                
Shares reacquired (in shares)     6,500   26,500      
Private Warrants                
Related Party Transaction [Line Items]                
Repurchase of private warrants $ 2,000,000              
BM Technologies, Inc. | Affiliated Entity, Chief Executive Officer                
Related Party Transaction [Line Items]                
Ownership percentage (less than)     5.00%   5.00%      
BM Technologies, Inc. | Affiliated Entity, Executive Chairman Of Board                
Related Party Transaction [Line Items]                
Ownership percentage (less than)     5.00%   5.00%      
Affiliated Entity | Partner Bank                
Related Party Transaction [Line Items]                
Non-Competition and Non-Solicitation Agreement period   4 years            
Percentage of equity interests in competitor   2.00%            
Line of credit, maximum borrowing capacity             $ 10,000,000 $ 10,000,000
Accounts receivable related parties     $ 1,800,000   $ 1,800,000   5,500,000  
Deferred revenue     7,800,000   7,800,000   12,700,000  
Accounts payable and accrued liabilities     900,000   900,000   $ 400,000  
Revenue     17,300,000 20,600,000 60,900,000 60,000,000    
Expenses (less than)     0 100,000 100,000 200,000    
Affiliated Entity | MasterCard                
Related Party Transaction [Line Items]                
Revenue     4,300,000 $ 5,200,000 13,800,000 $ 14,700,000    
Deposit Servicing Agreement | Affiliated Entity | Partner Bank                
Related Party Transaction [Line Items]                
Servicing fee percentage   3.00%            
Transition Services Agreement | Affiliated Entity | Partner Bank                
Related Party Transaction [Line Items]                
Period each party agreed to provide certain transition services to the other party (up to)   12 months            
Monthly service fee   $ 12,500            
Software Licensing Agreement | Affiliated Entity | Partner Bank                
Related Party Transaction [Line Items]                
Licensing agreement, term   10 years            
Special Limited Agency Agreement | Affiliated Entity | Partner Bank                
Related Party Transaction [Line Items]                
Revenue     $ 100,000   $ 100,000