Basis of Presentation and Summary of Significant Accounting Policies (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2021

Dec. 31, 2020

Schedule of calculation of basic and diluted net income (loss)per share of common stock

The table below presents the computation of basic and diluted loss per share (in thousands, except for per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Numerator:
Net loss	$	(3,582)	$	(2,130)	$	(15,696)	$	(21,141)
Net income attributable to the redeemable noncontrolling interest		67		62		212		768
Net income (loss) attributable to noncontrolling interests		137		—		(173)		—
Allocation of net loss to convertible preferred stock		—		—		—		—
Net loss attributable to holders of Class A, Class B, and Class C common stock	$	(3,786)	$	(2,192)	$	(15,735)	$	(21,909)
Denominator:
Weighted average common shares outstanding, basic and diluted		60,840		39,043		57,072		39,009
Net loss per common share, basic and diluted	$	(0.06)	$	(0.06)	$	(0.28)	$	(0.56)

The table below presents the computation of basic and diluted loss per share (in thousands, except for per share amounts):

	Year ended December 31,
	2020		2019		2018
Numerator:
Net loss	$	11,156	$	(36,919)	$	(78,506)
Net (loss) income attributable to the redeemable noncontrolling interest		820		273		(971)
Allocation of undistributed earnings to convertible preferred stock		10,336		—		—
Net income (loss) attributable to holders of Class A common stock and Class B common stock	$	—	$	(37,192)	$	(77,535)
Denominator:
Weighted average common shares outstanding, basic and diluted		39,027		38,571		37,856
Net loss per common share, basic and diluted	$	0.00	$	(0.96)	$	(2.05)

890 5TH AVENUE PARTNERS, INC.

Schedule of restatement of condensed financial statements

	As of March 31, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Balance Sheet
Total assets	$	288,953,438	$	—	$	288,953,438
Total liabilities	$	10,020,406	$	—	$	10,020,406
Class A common stock subject to possible redemption		273,933,030		13,566,970		287,500,000
Stockholders’ equity (deficit)
Preferred stock		—		—		—
Class A common stock		213		(135)		78
Class F common stock		719		—		719
Additional paid-in-capital		3,969,381		(3,969,381)		—
Accumulated deficit		1,029,689		(9,597,454)		(8,567,765)
Total stockholders’ equity (deficit)		5,000,002		(13,566,970)		(8,566,968)
Total liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit)	$	288,953,438	$	—	$	288,953,438

	As of June 30, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Consolidated Balance Sheet
Total assets	$	288,690,246	$	—	$	288,690,246
Total liabilities	$	14,058,658	$	—	$	14,058,658
Class A common stock subject to possible redemption		269,631,580		17,868,420		287,500,000
Stockholders’ equity (deficit)
Preferred stock		—		—		—
Class A common stock		256		(178)		78
Class F common stock		719		—		719
Additional paid-in-capital		8,270,788		(8,270,788)		—
Accumulated deficit		(3,271,755)		(9,597,454)		(12,869,209)
Total stockholders’ equity (deficit)		5,000,008		(17,868,420)		(12,868,412)
Total liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit)	$	288,690,246	$	—	$	288,690,246

There is no impact to the reported amounts for total assets, total liabilities, cash flows, or net income (loss).

The impact of the restatement to the supplemental disclosures of noncash activities in the previously reported statements of cash flow is presented below.

	For the Three Months Ended March 31, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Cash Flows - Supplemental disclosure of noncash activities:
Initial value of Class A common stock subject to possible redemption	$	284,058,140	$	(284,058,140)	$	—
Change in fair value of Class A common stock subject to possible redemption	$	(10,125,110)	$	10,125,110	$	—
Accretion of Class A common stock subject to redemption amount	$	—	$	17,105,848	$	17,105,848

	For the Six Months Ended June 30, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Consolidated Statement of Cash Flows - Supplemental disclosure of noncash activities:
Initial value of Class A common stock subject to possible redemption	$	272,650,670	$	(272,650,670)	$	—
Change in fair value of Class A common stock subject to possible redemption	$	(3,019,090)	$	3,019,090	$	—
Accretion of Class A common stock subject to redemption amount	$	—	$	17,105,848	$	17,105,848

In connection with the change in presentation for the Class A common stock subject to possible redemption, the Company has revised its earnings per share calculation to allocate income and losses shared pro rata between the two classes of shares. This presentation contemplates a Business Combination as the most likely outcome, in which case, both classes of shares share pro rata in the income and losses of the Company. The impact to the reported amounts of weighted average shares outstanding and basic and diluted earnings per common share is presented below for the affected periods:

	For the Three Months Ended March 31, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Operations
Net loss	$	1,040,995	$	—	$	1,040,995
Weighted average shares outstanding of Class A common stock, basic and diluted		23,328,204		1,934,212		25,262,417
Basic and diluted net income per share of Class A common stock	$	—	$	0.03	$	0.03
Weighted average shares outstanding of Class F common stock, basic		8,986,296		(1,934,212)		7,052,083
Weighted average shares outstanding of Class F common stock, diluted		8,986,296		(1,798,796)		7,187,500
Basic and diluted net loss per share of Class F common stock	$	0.12	$	(0.08)	$	0.03

	For the Three Months Ended June 30, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Operations
Net loss	$	(4,301,444)	$	—	$	(4,301,444)
Weighted average shares outstanding of Class A common stock, basic and diluted		27,388,576		2,138,924		29,527,500
Basic and diluted net income per share of Class A common stock	$	—	$	(0.12)	$	(0.12)
Weighted average shares outstanding of Class F common stock, basic and diluted		9,326,424		(2,138,924)		7,187,500
Basic and diluted net loss per share of Class F common stock	$	(0.46)	$	0.34	$	(0.12)

	For the Six Months Ended June 30, 2021
	As Previously
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Operations
Net loss	$	(3,260,449)	$	—	$	(3,260,449)
Weighted average shares outstanding of Class A common stock, basic and diluted		27,332,731		74,009		27,406,740
Basic and diluted net income per share of Class A common stock	$	—	$	(0.09)	$	(0.09)
Weighted average shares outstanding of Class F common stock, basic and diluted		9,157,299		(2,037,133)		7,120,166
Basic and diluted net loss per share of Class F common stock	$	(0.36)	$	0.27	$	(0.09)

Schedule of calculation of basic and diluted net income (loss)per share of common stock

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2021				September 30, 2021
	Class A		Class F		Class A		Class F
Numerator:
Allocation of net loss	$	(333,219)	$	(81,111)	$	(2,930,445)	$	(744,334)
Denominator:
Weighted average common stock outstanding, basic and diluted		29,527,500		7,187,500		28,121,429		7,142,857
Basic and diluted net loss per share of common stock	$	(0.01)	$	(0.01)	$	(0.10)	$	(0.10)