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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 58,951 $ 51,966
Accounts receivable, net 11,602 10,060
Prepaid expenses and other current assets 6,851 7,486
Total current assets 77,404 69,512
Property and equipment, net 24,401 24,075
Goodwill 68,368 68,368
Intangible assets, net 1,791 1,952
Right-of-use assets 13,406 14,695
Other assets 2,696 3,264
Total assets 188,066 181,866
Current liabilities    
Accounts payable and accrued expenses 20,446 20,102
Deferred revenue 5,213 5,433
Operating lease liabilities, current 3,663 3,492
Tax receivable agreement liability, current 2,683 1,406
Warrant liability, current 195 0
Total current liabilities 32,200 30,433
Operating lease liabilities, non-current 24,661 26,601
Tax receivable agreement liability, non-current 1,398 3,006
Warrant liability, non-current 0 585
Other long-term liabilities 1,802 1,174
Total liabilities 60,061 61,799
Commitments and contingencies
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 106,529 92,941
Accumulated deficit (53,805) (56,879)
Total WM Technology, Inc. stockholders’ equity 52,740 36,077
Noncontrolling interests 75,265 83,990
Total stockholders’ equity 128,005 120,067
Total liabilities and stockholders’ equity 188,066 181,866
Class A Common Stock    
Stockholders’ equity    
Common Stock 11 10
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5