XML 76 R63.htm IDEA: XBRL DOCUMENT v3.23.1
RELATED PARTY TRANSACTIONS (Details) - USD ($)
12 Months Ended
Mar. 01, 2022
Nov. 28, 2021
Jan. 04, 2021
Dec. 31, 2022
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       $ 800,000 $ 700,000  
Treasury stock returned (in shares)   19,000   26,500 14,500  
Warrants reacquired (in shares) 1,169,963          
Warrant price (in dollars per share) $ 1.69          
Cash consideration       $ 1,977,000 $ 0  
Private Warrants            
Related Party Transaction [Line Items]            
Cash consideration $ 2,000,000     $ 2,000,000    
BM Technologies, Inc. | Affiliated Entity, Chief Executive Officer            
Related Party Transaction [Line Items]            
Ownership percentage (less than)       5.00%    
BM Technologies, Inc. | Affiliated Entity, Executive Chairman Of Board            
Related Party Transaction [Line Items]            
Ownership percentage (less than)       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       $ 1,400,000 5,500,000  
Deferred revenue       3,800,000 12,700,000  
Accounts payable and accrued liabilities       3,800,000 400,000  
Revenue       74,700,000 82,300,000  
Expenses       100,000 300,000  
Affiliated Entity | MasterCard            
Related Party Transaction [Line Items]            
Revenue       22,500,000 $ 26,100,000  
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    
Deposit Servicing Agreement | Affiliated Entity | Partner Bank            
Related Party Transaction [Line Items]            
Servicing fee percentage     3.00%      
Period of written notice of non-renewal required prior to expiration of the term     180 days