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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues $ 42,176 $ 46,552 $ 131,635 $ 136,844
Costs and expenses        
Cost of revenues (exclusive of depreciation and amortization shown separately below) 2,118 2,182 6,639 6,729
Sales and marketing 10,779 9,671 28,639 30,374
Product development 6,412 9,484 21,945 28,355
General and administrative 17,840 16,494 57,990 51,549
Depreciation and amortization 3,068 3,517 9,847 9,641
Total costs and expenses 40,217 41,348 125,060 126,648
Operating income 1,959 5,204 6,575 10,196
Other income (expenses), net        
Change in fair value of warrant liability (390) 585 0 195
Change in tax receivable agreement liability 1,550 (548) 460 (1,486)
Other income (expense) 535 98 1,281 (362)
Income before income taxes 3,654 5,339 8,316 8,543
Provision for income taxes 13 21 22 72
Net income 3,641 5,318 8,294 8,471
Net income attributable to non-controlling interests 1,181 1,986 2,760 3,183
Net income attributable to WM Technology, Inc. $ 2,460 $ 3,332 $ 5,534 $ 5,288
Class A Common Stock        
Class A Common Stock:        
Basic income per share (in dollars per share) $ 0.02 $ 0.03 $ 0.05 $ 0.06
Diluted income per share (in dollars per share) $ 0.02 $ 0.03 $ 0.05 $ 0.05
Class A Common Stock:        
Weighted average basic shares outstanding - Class A (in shares) 107,569,086 97,166,788 105,797,793 95,743,064
Weighted average diluted shares outstanding - Class A (in shares) 109,112,744 97,811,251 108,144,795 96,761,731