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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 43,608 $ 22,889
Marketable securities 1,638 285
Member advances, net of allowance for credit losses 97,124 104,183
Short-term investments 124,581 168,789
Prepaid income taxes 813 831
Prepaid expenses and other current assets 10,605 11,591
Total current assets 278,369 308,568
Property and equipment, net 1,266 1,026
Lease right-of-use assets (related-party of $541 and $735 as of September 30, 2023 and December 31, 2022, respectively) 541 735
Intangible assets, net 12,725 10,163
Debt facility commitment fee, long-term 355 75
Restricted cash 1,191 788
Other non-current assets 0 137
Total assets 294,447 321,492
Current liabilities:    
Accounts payable 9,091 11,418
Accrued expenses 14,426 10,965
Lease liabilities, short-term (related-party of $250 and $273 as of September 30, 2023 and December 31, 2022, respectively) 250 273
Legal settlement accrual 7,415 9,450
Other current liabilities 3,699 4,311
Total current liabilities 34,881 36,417
Lease liabilities, long-term (related-party of $362 and $550 as of September 30, 2023 and December 31, 2022, respectively) 362 550
Debt facility, long-term 75,000 75,000
Convertible debt, long-term 104,654 102,325
Warrant and earnout liabilities 241 516
Other non-current liabilities 128 124
Total liabilities 215,266 214,932
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, par value per share $0.0001, 10,000,000 shares authorized; 0 shares issued and outstanding at September 30, 2023 and December 31, 2022 0 0
Additional paid-in capital 290,187 270,037
Accumulated other comprehensive loss (508) (1,675)
Accumulated deficit (210,499) (161,803)
Total stockholders' equity 79,181 106,560
Total liabilities, and stockholders' equity 294,447 321,492
Dave OD Funding I, LLC    
Current assets:    
Cash and cash equivalents 39,657 12,030
Member advances, net of allowance for credit losses 80,407 71,545
Short-term investments 26,305 0
Debt facility commitment fee, current 135 62
Debt facility commitment fee, long-term 354 75
Total assets 146,858 83,712
Current liabilities:    
Accounts payable 748 531
Debt facility, long-term 75,000 75,000
Total liabilities 75,748 75,531
Class A common stock [Member]    
Stockholders' equity:    
Common stock 1 1
Class V common stock [Member]    
Stockholders' equity:    
Common stock $ 0 $ 0