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The Reverse Recapitalization and Related Transactions (Tables)
 6 Months Ended
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
.