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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Total revenues $ 128,056 $ 51,644
Transaction-based expenses:    
Transaction-based expenses (3,034) (3,888)
Total revenues, less transaction-based expenses 125,022 47,756
Operating expenses:    
Compensation and benefits 94,654 37,330
Professional services 12,450 3,371
Acquisition-related transaction costs 882 3,289
Advertising and market development 5,090 1,528
Rent and occupancy 3,744 2,381
Technology and communications 8,243 4,616
General and administrative 4,358 452
Depreciation and amortization 5,390 2,406
Total operating expenses 134,811 55,373
Operating loss (9,789) (7,617)
Interest expenses and other income (expenses):    
Interest expense, net (2,307) (2,405)
Change in fair value of warrant liabilities (6,064) (292)
Other income (expenses), net 47 (201)
Total interest expenses and other expenses (8,324) (2,898)
Loss before provision for income taxes (18,113) (10,515)
Provision for (benefit from) income taxes 386 (803)
Net income (loss) $ (18,499) $ (9,712)
Earnings Per Share, Basic $ (1.06) $ (0.81)
Earnings Per Share, Diluted $ (1.06) $ (0.81)
Weighted Average Number of Shares Outstanding, Basic 17,386,008 11,946,614
Weighted Average Number of Shares Outstanding, Diluted 17,386,008 11,946,614
Placement fees    
Total revenues $ 107,723 $ 29,240
Custodial administration fees    
Total revenues $ 20,333 $ 22,404