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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues $ 50,884 $ 46,505 $ 138,969 $ 117,470
Operating expenses        
Cost of revenues 2,035 2,109 5,800 5,572
Sales and marketing 12,806 7,384 37,194 21,437
Product development 7,782 6,923 25,921 20,325
General and administrative 23,220 12,906 70,356 37,147
Depreciation and amortization 980 991 2,970 2,980
Total operating expenses 46,823 30,313 142,241 87,461
Operating income (loss) 4,061 16,192 (3,272) 30,009
Other income (expenses)        
Change in fair value of warrant liability 45,837 0 83,628 0
Other expense, net (300) (662) (6,341) (1,277)
Income before income taxes 49,598 15,530 74,015 28,732
Provision for income taxes 393 0 242 0
Net income 49,205 15,530 73,773 28,732
Net income attributable to noncontrolling interests 28,370 0 48,675 0
Net income attributable to WM Technology, Inc. $ 20,835 $ 15,530 $ 25,098 $ 28,732
Class A Common Stock        
Other income (expenses)        
Basic income per share - Class A (in dollars per share) $ 0.32   $ 0.39  
Diluted income (loss) per share - Class A (in dollars per share) $ 0.02   $ (0.15)  
Weighted average basic shares outstanding - Class A (in shares) 64,216,732   64,149,699  
Weighted average diluted shares outstanding - Class A (in shares) 68,304,372   69,950,141