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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash $ 24,603 $ 28,583
Accounts receivable, net 14,971 17,438
Prepaid expenses and other current assets 7,690 8,962
Total current assets 47,264 54,983
Property and equipment, net 26,452 24,928
Goodwill 68,368 68,368
Intangible assets, net 9,243 10,339
Right-of-use assets 29,024 31,447
Other assets 8,391 8,970
Total assets 188,742 199,035
Current liabilities    
Accounts payable and accrued expenses 18,615 33,635
Deferred revenue 6,663 6,256
Operating lease liabilities, current 6,821 6,334
Tax receivable agreement liability, current 400 0
Other current liabilities 98 98
Total current liabilities 32,597 46,323
Operating lease liabilities, non-current 29,500 33,043
Tax receivable agreement liability, non-current 720 500
Warrant liability 2,410 2,090
Other long-term liabilities 3,041 2,302
Total liabilities 68,268 84,258
Commitments and contingencies (Note 3)
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at June 30, 2023 and December 31, 2022 0 0
Additional paid-in capital 76,351 67,986
Accumulated deficit (55,869) (54,620)
Total WM Technology, Inc. stockholders’ equity 20,496 13,380
Noncontrolling interests 99,978 101,397
Total stockholders’ equity 120,474 114,777
Total liabilities and stockholders’ equity 188,742 199,035
Class A Common Stock    
Stockholders’ equity    
Common Stock 9 9
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5