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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 34,350 $ 28,583
Accounts receivable, net 11,158 17,438
Prepaid expenses and other current assets 5,978 8,962
Total current assets 51,486 54,983
Property and equipment, net 24,255 24,928
Goodwill 68,368 68,368
Intangible assets, net 2,507 10,339
Right-of-use assets 15,629 31,447
Other assets 4,776 8,970
Total assets 167,021 199,035
Current liabilities    
Accounts payable and accrued expenses 21,182 33,635
Deferred revenue 5,918 6,256
Operating lease liabilities, current 6,493 6,334
Tax receivable agreement liability, current 122 0
Other current liabilities 0 98
Total current liabilities 33,715 46,323
Operating lease liabilities, non-current 26,550 33,043
Tax receivable agreement liability, non-current 1,634 500
Warrant liability 585 2,090
Other long-term liabilities 1,386 2,302
Total liabilities 63,870 84,258
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at December 31, 2023 and December 31, 2022 0 0
Additional paid-in capital 80,884 67,986
Accumulated deficit (64,518) (54,620)
Total WM Technology, Inc. stockholders’ equity 16,380 13,380
Noncontrolling interests 86,771 101,397
Total stockholders’ equity 103,151 114,777
Total liabilities and stockholders’ equity 167,021 199,035
Class A Common Stock    
Stockholders’ equity    
Common Stock 9 9
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5