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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 51,754 $ 22,889
Marketable securities 34,423 285
Member advances, net of allowance for credit losses 80,161 104,183
Short-term investments 108,831 168,789
Prepaid income taxes 824 831
Prepaid expenses and other current assets 15,653 11,591
Total current assets 291,646 308,568
Property and equipment, net 1,249 1,026
Lease right-of-use assets (related-party of $672 and $735 as of March 31, 2023 and December 31, 2022, respectively) 672 735
Intangible assets, net 11,029 10,163
Debt facility commitment fee, long-term 59 75
Restricted cash 788 788
Other non-current assets 0 137
Total assets 305,443 321,492
Current liabilities:    
Accounts payable 4,558 11,418
Accrued expenses 13,612 10,965
Lease liabilities, short-term (related-party of $265 and $273 as of March 31, 2023 and December 31, 2022, respectively) 265 273
Legal settlement accrual 3,701 9,450
Other current liabilities 4,182 4,311
Total current liabilities 26,318 36,417
Lease liabilities, long-term (related-party of $489 and $550 as of March 31, 2023 and December 31, 2022, respectively) 489 550
Debt facility, long-term 75,000 75,000
Convertible debt, long-term 103,087 102,325
Warrant and earnout liabilities 344 516
Other non-current liabilities 125 124
Total liabilities 205,363 214,932
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, par value per share $0.0001, 10,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Additional paid-in capital 276,799 270,037
Accumulated other comprehensive loss (892) (1,675)
Accumulated deficit (175,828) (161,803)
Total stockholders' equity 100,080 106,560
Total liabilities, and stockholders' equity 305,443 321,492
Dave OD Funding I, LLC    
Current assets:    
Cash and cash equivalents 33,919 12,030
Member advances, net of allowance for credit losses 55,627 71,545
Debt facility commitment fee, current 64 62
Debt facility commitment fee, long-term 44 75
Total assets 89,654 83,712
Current liabilities:    
Accounts payable 2,121 531
Debt facility, long-term 75,000 75,000
Total liabilities 77,121 75,531
Class A common stock [Member]    
Stockholders' equity:    
Common stock 1 1
Class V common stock [Member]    
Stockholders' equity:    
Common stock $ 0 $ 0