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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Total revenues $ 20,022 $ 32,055 $ 128,056 $ 51,644
Transaction-based expenses:        
Transaction-based expenses     (3,034) (3,888)
Total revenues, less transaction-based expenses 19,890 31,079 125,022 47,756
Operating expenses:        
Compensation and benefits 43,640 20,496 94,654 37,330
Professional services 3,518 2,700 12,450 3,371
Acquisition-related transaction costs 3,706 0 882 3,289
Advertising and market development 1,504 987 5,090 1,528
Rent and occupancy 1,566 887 3,744 2,381
Technology and communications 2,023 1,434 8,243 4,616
General and administrative expenses 1,602 953 4,358 452
Depreciation and amortization 1,082 1,396 5,390 2,406
Total operating expenses 58,641 28,853 134,811 55,373
Operating (loss) income (38,751) 2,226 (9,789) (7,617)
Interest expenses and other income (expenses):        
Interest expense, net     (2,307) (2,405)
Change in fair value of warrant liabilities (25,959) (908) (6,064) (292)
Other income (expenses), net     47 (201)
Total interest expenses and other expenses     (8,324) (2,898)
(Loss) income before provision for income taxes (64,301) 930 (18,113) (10,515)
Provision for (benefit from) income taxes 123 (8) 386 (803)
Net (loss) income and comprehensive (loss) income $ (64,424) $ 938 $ (18,499) $ (9,712)
Earnings Per Share, Basic $ (0.98) $ 0.00 $ (1.06) $ (0.81)
Earnings Per Share, Diluted $ (0.98) $ 0.00 $ (1.06) $ (0.81)
Weighted Average Number of Shares Outstanding, Basic 66,007,461 61,598,361 17,386,008 11,946,614
Weighted Average Number of Shares Outstanding, Diluted 66,007,461 116,312,835 17,386,008 11,946,614
Placement fees        
Total revenues $ 14,585 $ 27,509 $ 107,723 $ 29,240
Custodial administration fees        
Total revenues $ 5,437 $ 4,546 $ 20,333 $ 22,404