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The Reverse Recapitalization and Related Transactions (Tables) | 6 Months Ended
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Jun. 30, 2022
Reverse Recapitalization And Related Transactions [Abstract] |
Summary of net assets of VPCC | The net assets of VPCC were recognized at their carrying value immediately prior to the closing with no goodwill or other intangible assets recorded and were as follows, net of transaction costs (in millions):
Cash |  | $ | 202.0 |
Other assets |  |  | 0.7 |
Accrued expense |  |  | (0.2 | )
Earnout liabilities (As Restated) |  |  | (9.7 | )
Warrant liability — Public |  |  | (7.6 | )
Warrant liability — Private |  |  | (6.7 | )
Net assets acquired (As Restated) |  | $ | 178.5 |
Summary of common stock issued | The number of shares of Common Stock issued immediately following the consummation of the Business Combination were as follows:
|  | Class A |  |  | Class V |
Common stock outstanding on December 31, 2021 |  |  | 92,436,304 |  |  |  | 48,450,639 |
Common stock activity between December 31, 2021 and January 5, 2022 |
Exercise of derivative asset and paydown of stockholder loans |  |  | (6,014,250 | ) |  |  | — |
Issuance of Class A Common Stock for stock option exercises |  |  | 2,630,557 |  |  |  | — |
Repurchase of Class A Common Stock |  |  | (198,505 | ) |  |  | — |
Common Stock outstanding prior to the Business Combination |  |  | 88,854,106 |  |  |  | 48,450,639 |
Conversion of preferred stock to Class A Common Stock |  |  | 204,657,950 |  |  |  | — |
Class A Common Stock attributable to VPCC |  |  | 2,958,831 |  |  |  | — |
Adjustment related to Reverse Recapitalization* |  |  | 207,616,781 |  |  |  | — |
Founder Holder shares |  |  | 3,806,491 |  |  |  | — |
Conversion of 2019 convertible notes and accrued interest to Class A common stock |  |  | 225,330 |  |  |  | — |
Exercise of Series B-1 preferred stock warrants, net of settlement |  |  | 450,841 |  |  |  | — |
Issuance of Class A common stock pursuant to the PIPE financing |  |  | 21,000,000 |  |  |  | — |
Total shares of common stock as of closing of Business Combination and related transactions |  |  | 321,953,549 |  |  |  | 48,450,639 |
* | The corresponding adjustment to APIC related to the reverse recapitalization was comprised of (i) approximately $178.5 million which represents the fair value of the consideration transferred in the Business Combination, less the excess of the fair value of the shares issued over the value of the net monetary assets of VPCC, net of transaction costs and (ii) approximately $72.2 million which represents the conversion of the convertible preferred stock into Dave Class A Common Stock .

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- Definition Reverse Recapitalization And Related Transactions. + References No definition available. + Details
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- Definition Schedule of number of shares of common stock issued immediately following the consummation of the business combination [table text block]. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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