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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 50,852,000 $ 58,294,000 $ 98,859,000 $ 115,746,000
Operating expenses        
Cost of revenues (exclusive of depreciation and amortization shown separately below) 3,239,000 3,858,000 6,733,000 7,598,000
Sales and marketing 12,567,000 22,123,000 24,627,000 44,005,000
Product development 9,200,000 13,263,000 20,134,000 26,353,000
General and administrative 19,208,000 29,610,000 41,708,000 58,665,000
Depreciation and amortization 2,855,000 2,458,000 6,022,000 6,403,000
Total operating expenses 47,069,000 71,312,000 99,224,000 143,024,000
Operating income (loss) 3,783,000 (13,018,000) (365,000) (27,278,000)
Other income (expenses)        
Change in fair value of warrant liability (1,045,000) 32,234,000 (320,000) 14,015,000
Change in tax receivable agreement liability (520,000) 0 (620,000) 0
Other expense, net (235,000) (678,000) (681,000) (1,180,000)
Income (loss) before income taxes 1,983,000 18,538,000 (1,986,000) (14,443,000)
Benefit from income taxes 0 (1,310,000) 0 (3,058,000)
Net income (loss) 1,983,000 19,848,000 (1,986,000) (11,385,000)
Net income (loss) attributable to noncontrolling interests 757,000 8,156,000 (737,000) (9,184,000)
Net income (loss) attributable to WM Technology, Inc. $ 1,226,000 $ 11,692,000 $ (1,249,000) $ (2,201,000)
Class A Common Stock        
Class A Common Stock:        
Basic income (loss) per share - Class A (in dollars per share) $ 0.01 $ 0.14 $ (0.01) $ (0.03)
Diluted income (loss) per share - Class A (in dollars per share) $ 0.01 $ 0.13 $ (0.01) $ (0.03)
Class A Common Stock:        
Weighted average basic shares outstanding - Class A (in shares) 92,851,349 86,425,352 92,589,011 79,476,383
Weighted average diluted shares outstanding - Class A (in shares) 93,622,582 87,230,850 92,589,011 79,476,383