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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash $ 27,721 $ 28,583
Accounts receivable, net 12,314 17,438
Prepaid expenses and other current assets 6,894 8,962
Total current assets 46,929 54,983
Property and equipment, net 24,660 24,928
Goodwill 68,368 68,368
Intangible assets, net 2,646 10,339
Right-of-use assets 27,781 31,447
Other assets 8,310 8,970
Total assets 178,694 199,035
Current liabilities    
Accounts payable and accrued expenses 17,731 33,635
Deferred revenue 6,090 6,256
Operating lease liabilities, current 6,867 6,334
Tax receivable agreement liability, current 400 0
Other current liabilities 0 98
Total current liabilities 31,088 46,323
Operating lease liabilities, non-current 27,842 33,043
Tax receivable agreement liability, non-current 789 500
Warrant liability 2,870 2,090
Other long-term liabilities 1,323 2,302
Total liabilities 63,912 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 September 30, 2023 and December 31, 2022 0 0
Additional paid-in capital 77,339 67,986
Accumulated deficit (57,407) (54,620)
Total WM Technology, Inc. stockholders’ equity 19,946 13,380
Noncontrolling interests 94,836 101,397
Total stockholders’ equity 114,782 114,777
Total liabilities and stockholders’ equity 178,694 199,035
Class A Common Stock    
Stockholders’ equity    
Common Stock 9 9
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5