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CONDENSED CONSOLIDATED BALANCE SHEETS (Q2) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets              
Cash $ 41,292   $ 34,350     $ 28,583  
Accounts receivable, net 7,000   11,158     17,438  
Prepaid expenses and other current assets 5,547   5,978     8,962  
Total current assets 53,839   51,486     54,983  
Property and equipment, net 25,909   24,255     24,928  
Goodwill 68,368   68,368     68,368  
Intangible assets, net 2,230   2,507     10,339  
Right-of-use assets 13,064   15,629     31,447  
Other assets 4,553   4,776     8,970  
Total assets 167,963   167,021     199,035  
Current liabilities              
Accounts payable and accrued expenses 18,563   21,182     33,635  
Deferred revenue 5,844   5,918     6,256 $ 8,100
Operating lease liabilities, current 4,471   6,493     6,334  
Tax receivable agreement liability, current 1,455   122     0  
Other current liabilities     0     98  
Total current liabilities 30,333   33,715     46,323  
Operating lease liabilities, non-current 24,632   26,550     33,043  
Tax receivable agreement liability, non-current 1,123   1,634     500  
Warrant liability 975 $ 1,435 585 $ 2,410 $ 1,365 2,090 27,460
Other long-term liabilities 1,714   1,386     2,302  
Total liabilities 58,777   63,870     84,258  
Commitments and contingencies        
Stockholders' equity              
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at June 30, 2024 and December 31, 2023 0   0     0  
Additional paid-in capital 87,005   80,884     67,986  
Accumulated deficit (62,562)   (64,518)     (54,620)  
Total WM Technology, Inc. stockholders' equity 24,458   16,380     13,380  
Noncontrolling interests 84,728   86,771     101,397  
Total stockholders' equity 109,186 $ 106,828 103,151 $ 120,474 $ 115,239 114,777 $ 131,940
Total liabilities and stockholders' equity 167,963   167,021     199,035  
Class A Common Stock              
Stockholders' equity              
Common Stock 10   9     9  
Class V Common Stock              
Stockholders' equity              
Common Stock $ 5   $ 5     $ 5