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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash $ 51,966 $ 34,350
Accounts receivable, net 10,060 11,158
Prepaid expenses and other current assets 7,486 5,978
Total current assets 69,512 51,486
Property and equipment, net 24,075 24,255
Goodwill 68,368 68,368
Intangible assets, net 1,952 2,507
Right-of-use assets 14,695 15,629
Other assets 3,264 4,776
Total assets 181,866 167,021
Current liabilities    
Accounts payable and accrued expenses 20,102 21,182
Deferred revenue 5,433 5,918
Operating lease liabilities, current 3,492 6,493
Tax receivable agreement liability, current 1,406 122
Total current liabilities 30,433 33,715
Operating lease liabilities, non-current 26,601 26,550
Tax receivable agreement liability, non-current 3,006 1,634
Warrant liability 585 585
Other long-term liabilities 1,174 1,386
Total liabilities 61,799 63,870
Commitments and contingencies (Note 6)
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at December 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 92,941 80,884
Accumulated deficit (56,879) (64,518)
Total WM Technology, Inc. stockholders’ equity 36,077 16,380
Noncontrolling interests 83,990 86,771
Total stockholders’ equity 120,067 103,151
Total liabilities and stockholders’ equity 181,866 167,021
Class A Common Stock    
Stockholders’ equity    
Common Stock 10 9
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5