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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues $ 50,500 $ 50,884 $ 166,246 $ 138,969
Operating expenses        
Cost of revenues 4,272 2,035 11,870 5,800
Sales and marketing 17,882 12,806 61,887 37,194
Product development 11,988 7,782 38,341 25,921
General and administrative 33,490 23,220 92,155 70,356
Depreciation and amortization 2,513 980 8,916 2,970
Total operating expenses 70,145 46,823 213,169 142,241
Operating (loss) income (19,645) 4,061 (46,923) (3,272)
Other income (expenses)        
Change in fair value of warrant liability 6,590 45,837 20,605 83,628
Other expense, net (50) (300) (1,230) (6,341)
(Loss) income before income taxes (13,105) 49,598 (27,548) 74,015
(Benefit from) provision for income taxes (2,641) 393 (5,699) 242
Net (loss) income (10,464) 49,205 (21,849) 73,773
Net (loss) income attributable to noncontrolling interests (5,300) 28,370 (14,484) 48,675
Net (loss) income attributable to WM Technology, Inc. $ (5,164) $ 20,835 $ (7,365) $ 25,098
Class A Common Stock        
Class A Common Stock:        
Basic (loss) income per share - Class A (in dollars per share) $ (0.06) $ 0.32 $ (0.09) $ 0.39
Diluted (loss) income per share - Class A (in dollars per share) $ (0.06) $ 0.02 $ (0.09) $ (0.15)
Class A Common Stock:        
Weighted average basic shares outstanding - Class A (in shares) 89,552,914 64,216,732 82,872,137 64,149,699
Weighted average diluted shares outstanding - Class A (in shares) 89,552,914 68,304,372 82,872,137 69,950,141