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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 25,902 $ 28,583
Accounts receivable, net 15,401 17,438
Prepaid expenses and other current assets 6,866 8,962
Total current assets 48,169 54,983
Property and equipment, net 25,556 24,928
Goodwill 68,368 68,368
Intangible assets, net 9,784 10,339
Right-of-use assets 30,245 31,447
Other assets 8,504 8,970
Total assets 190,626 199,035
Current liabilities    
Accounts payable and accrued expenses 26,170 33,635
Deferred revenue 6,366 6,256
Operating lease liabilities, current 6,574 6,334
Tax receivable agreement liability, current 500 0
Other current liabilities 98 98
Total current liabilities 39,708 46,323
Operating lease liabilities, non-current 31,314 33,043
Tax receivable agreement liability, non-current 100 500
Warrant liability 1,365 2,090
Other long-term liabilities 2,900 2,302
Total liabilities 75,387 84,258
Commitments and contingencies (Note 3)
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Additional paid-in capital 72,444 67,986
Accumulated deficit (57,095) (54,620)
Total WM Technology, Inc. stockholders’ equity 15,363 13,380
Noncontrolling interests 99,876 101,397
Total stockholders’ equity 115,239 114,777
Total liabilities and stockholders’ equity 190,626 199,035
Class A Common Stock    
Stockholders’ equity    
Common Stock 9 9
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5