XML 73 R41.htm IDEA: XBRL DOCUMENT
v3.21.2

Stock-Based Compensation (Tables) - Marketwise, LLC | 6 Months Ended
--- | ---
Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of Stock-Based Compensation Expense | We recognized stock-based compensation expenses of $47,445 and $78,627 for the three months ended June 30, 2021 and 2020, and $648,520 and $99,124 for the six months ended June 30, 2021 and 2020, respectively. These amounts include profits distributions to Class B unitholders of $456 and $5,757 for the three months ended June 30, 2021 and 2020, and $6,107 and $38,070 for the six months ended June 30, 2021 and 2020, respectively. The amount of stock-based compensation expense included in each of the line items in the accompanying consolidated statement of operations is as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Cost of revenue | $ | 10,568 |  |  | $ | 15,058 |  |  | $ | 124,916 |  |  | 18,226 |
Sales and marketing | 840 |  |  | 1,022 |  |  | 14,910 |  |  | 2,225 |
General and administrative | 36,037 |  |  | 62,547 |  |  | 508,694 |  |  | 78,673 |
Total stock based-compensation expense | $ | 47,445 |  |  | $ | 78,627 |  |  | $ | 648,520 |  |  | $ | 99,124 |
The amount of stock-based compensation expense included in each of the line items in the accompanying consolidated statement of operations is as follows:
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Cost of revenue | $ | 102,736 |  |  | $ | 5,025 |  |  | $ | 21,889 |
Sales and marketing | 10,567 |  |  | — |  |  | 6,323 |
General and administrative | 440,297 |  |  | 15,414 |  |  | — |
Total stock based-compensation expense | $ | 553,600 |  |  | $ | 20,439 |  |  | $ | 28,212 |
Schedule of Unvested Share Activity | The following is a rollforward of Class B Units activity for the six months ended June 30, 2021:
Unvested at January 1, 2021 | 75,044 |
Granted | 17,690 |
Vested | (29,848) |
Unvested at June 30, 2021 | 62,886 |
The following is a rollforward of Class B Units activity for the years ended December 31, 2019 and 2020:
Unvested at January 1, 2019 | 55,000 |
Granted | 59,099 |
Vested | (36,118) |
Unvested at December 31, 2019 | 77,981 |
Granted | 62,676 |
Vested | (65,613) |
Unvested at December 31, 2020 | 75,044 |

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=acnd_MarketwiseLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |