2021 Q3 Form 10-Q Financial Statement
#000177947421000027 Filed on November 12, 2021
Income Statement
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
Revenue | $50.88M | $46.51M | $38.76M |
YoY Change | 9.42% | ||
Cost Of Revenue | $2.035M | $2.109M | $1.856M |
YoY Change | -3.51% | ||
Gross Profit | $48.85M | $44.40M | $36.90M |
YoY Change | 10.03% | ||
Gross Profit Margin | 96.0% | 95.47% | 95.21% |
Selling, General & Admin | $36.03M | $20.29M | $19.66M |
YoY Change | 77.56% | ||
% of Gross Profit | 73.75% | 45.7% | 53.29% |
Research & Development | $7.782M | $6.923M | $6.694M |
YoY Change | 12.41% | ||
% of Gross Profit | 15.93% | 15.59% | 18.14% |
Depreciation & Amortization | $980.0K | ||
YoY Change | |||
% of Gross Profit | 2.01% | ||
Operating Expenses | $43.81M | $159.0K | $222.8K |
YoY Change | 27449.26% | 19.01% | 4356.54% |
Operating Profit | $4.061M | $16.19M | $9.551M |
YoY Change | -74.92% | -12217.95% | -191120.0% |
Interest Expense | $45.06K | $2.146M | |
YoY Change | -93.47% | ||
% of Operating Profit | 0.28% | 22.47% | |
Other Income/Expense, Net | -$300.0K | -$662.0K | -$158.0K |
YoY Change | -54.68% | ||
Pretax Income | $49.60M | $15.53M | $9.393M |
YoY Change | 219.37% | 2723.64% | |
Income Tax | $400.0K | $0.00 | $0.00 |
% Of Pretax Income | 0.81% | 0.0% | 0.0% |
Net Earnings | $20.84M | $15.53M | $9.393M |
YoY Change | 34.16% | 2707.69% | -187960.0% |
Net Earnings / Revenue | 40.95% | 33.39% | 24.24% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $305.0K | -$3.647K | $46.89K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $77.94M | $623.6K | $665.2K |
YoY Change | 12396.79% | -37.64% | |
Cash & Equivalents | $77.94M | $24.13M | $12.81M |
Short-Term Investments | |||
Other Short-Term Assets | $15.34M | $89.13K | $146.6K |
YoY Change | 17108.57% | -70.29% | |
Inventory | |||
Prepaid Expenses | $89.13K | $146.6K | |
Receivables | $12.78M | ||
Other Receivables | $0.00 | ||
Total Short-Term Assets | $106.1M | $712.8K | $811.8K |
YoY Change | 14779.58% | -45.15% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $10.03M | ||
YoY Change | |||
Goodwill | $45.66M | ||
YoY Change | |||
Intangibles | $8.446M | ||
YoY Change | |||
Long-Term Investments | $254.1M | $254.1M | |
YoY Change | 1.36% | ||
Other Assets | $6.787M | ||
YoY Change | |||
Total Long-Term Assets | $256.6M | $254.1M | $254.1M |
YoY Change | 0.96% | 1.37% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $106.1M | $712.8K | $811.8K |
Total Long-Term Assets | $256.6M | $254.1M | $254.1M |
Total Assets | $362.6M | $254.8M | $254.9M |
YoY Change | 42.3% | 1.13% | 84860.85% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.362M | $497.4K | |
YoY Change | 1178.97% | ||
Accrued Expenses | $22.78M | $437.5K | |
YoY Change | 118.73% | ||
Deferred Revenue | $7.759M | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $37.90M | $497.4K | $437.5K |
YoY Change | 7518.36% | 551.11% | 45.82% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $8.750M | $8.750M |
YoY Change | -100.0% | -0.57% | |
Total Long-Term Liabilities | $0.00 | $8.750M | $8.750M |
YoY Change | -100.0% | -0.57% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $37.90M | $497.4K | $437.5K |
Total Long-Term Liabilities | $0.00 | $8.750M | $8.750M |
Total Liabilities | $315.2M | $9.247M | $9.187M |
YoY Change | 3308.61% | 4.77% | 2962.49% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $26.08M | $2.969M | $3.083M |
YoY Change | 778.4% | 441.76% | |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $22.51M | $5.000M | $5.000M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $362.6M | $254.8M | $254.9M |
YoY Change | 42.3% | 1.13% | 84860.85% |
Cashflow Statement
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $20.84M | $15.53M | $9.393M |
YoY Change | 34.16% | 2707.69% | -187960.0% |
Depreciation, Depletion And Amortization | $980.0K | ||
YoY Change | |||
Cash From Operating Activities | $8.998M | -$41.60K | -$129.8K |
YoY Change | -21729.81% | -88.44% | 1197.5% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$3.410M | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$19.00M | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$22.41M | $0.00 | |
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -315.0K | 0.000 | 0.000 |
YoY Change | -100.0% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | 8.998M | -41.60K | -129.8K |
Cash From Investing Activities | -22.41M | 0.000 | |
Cash From Financing Activities | -315.0K | 0.000 | 0.000 |
Net Change In Cash | -13.73M | -41.60K | -129.8K |
YoY Change | 32897.6% | -104.2% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $8.998M | -$41.60K | -$129.8K |
Capital Expenditures | -$3.410M | ||
Free Cash Flow | $12.41M | ||
YoY Change |
Facts In Submission
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Current Fiscal Year End Date
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|
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Document Fiscal Year Focus
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2021 | ||
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Q3 | ||
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10-Q | ||
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true | ||
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2021-09-30 | ||
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001-39021 | ||
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WM TECHNOLOGY, INC. | ||
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DE | ||
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98-1605615 | ||
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41 Discovery | ||
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Irvine | ||
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CA | ||
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92618 | ||
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844 | ||
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933-3627 | ||
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us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
48675000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20835000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15530000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
25098000 | USD | |
CY2020Q4 | us-gaap |
Members Equity
MembersEquity
|
29271000 | USD |
CY2020Q4 | us-gaap |
Members Equity
MembersEquity
|
29271000 | USD |
CY2021Q1 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
|
10513000 | USD |
CY2021Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
106000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7731000 | USD |
CY2021Q1 | us-gaap |
Members Equity
MembersEquity
|
26383000 | USD |
CY2021Q1 | us-gaap |
Members Equity
MembersEquity
|
26383000 | USD |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19433000 | USD |
CY2021Q2 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
|
7597000 | USD |
CY2021Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
5459000 | USD |
CY2021Q2 | maps |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
-85312000 | USD |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
16837000 | USD |
CY2021Q2 | us-gaap |
Members Equity
MembersEquity
|
0 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-35715000 | USD |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4887000 | USD |
CY2021Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
274000 | USD |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
29312000 | USD |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
49205000 | USD |
CY2021Q3 | us-gaap |
Members Equity
MembersEquity
|
0 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
47415000 | USD |
CY2019Q4 | us-gaap |
Members Equity
MembersEquity
|
12799000 | USD |
CY2019Q4 | us-gaap |
Members Equity
MembersEquity
|
12799000 | USD |
CY2020Q1 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
|
3123000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
90000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3809000 | USD |
CY2020Q1 | us-gaap |
Members Equity
MembersEquity
|
13395000 | USD |
CY2020Q1 | us-gaap |
Members Equity
MembersEquity
|
13395000 | USD |
CY2020Q3 | us-gaap |
Members Equity
MembersEquity
|
32032000 | USD |
CY2020Q3 | us-gaap |
Members Equity
MembersEquity
|
32032000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
73773000 | USD | |
CY2020Q2 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
|
2744000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
105000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9393000 | USD |
CY2020Q2 | us-gaap |
Members Equity
MembersEquity
|
19939000 | USD |
CY2020Q2 | us-gaap |
Members Equity
MembersEquity
|
19939000 | USD |
CY2020Q3 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
|
3331000 | USD |
CY2020Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
106000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15530000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
28732000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2970000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2980000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-83628000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD | |
us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
2372000 | USD | |
us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6371000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4300000 | USD | |
maps |
Increase Decrease In Prepaid Expense And Other Assets Current
IncreaseDecreaseInPrepaidExpenseAndOtherAssetsCurrent
|
-6504000 | USD | |
maps |
Increase Decrease In Prepaid Expense And Other Assets Current
IncreaseDecreaseInPrepaidExpenseAndOtherAssetsCurrent
|
450000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-87000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
23625000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3015000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-522000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
330000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1098000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
2495000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
3180000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
25173000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-903000 | USD | |
maps |
Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
|
79969000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23246000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
29566000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4246000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
903000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
16000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
3000000 | USD | |
maps |
Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
|
0 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
205000 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
18110000 | USD | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
9198000 | USD | |
us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
5565000 | USD | |
us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
301000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
56089000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
58016000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-9499000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19164000 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19919000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4968000 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77935000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24132000 | USD |
maps |
Reverse Recapitalization Initial Fair Value Of Warrant Liability Recognized
ReverseRecapitalizationInitialFairValueOfWarrantLiabilityRecognized
|
193978000 | USD | |
maps |
Reverse Recapitalization Initial Fair Value Of Warrant Liability Recognized
ReverseRecapitalizationInitialFairValueOfWarrantLiabilityRecognized
|
0 | USD | |
maps |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
126150000 | USD | |
maps |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
0 | USD | |
maps |
Reverse Recapitalization Deferred Tax Assets
ReverseRecapitalizationDeferredTaxAssets
|
147973000 | USD | |
maps |
Reverse Recapitalization Deferred Tax Assets
ReverseRecapitalizationDeferredTaxAssets
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
1053000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
0 | USD | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
29312000 | USD | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
0 | USD | |
us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
1000000 | USD | |
us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
0 | USD | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
695000 | USD | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
Business and Organization<div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">WM Technology, Inc. (the “Company”) is a technology and software infrastructure provider to retailers and brands in the U.S. state-legal and Canadian cannabis markets. The Company also provides information on the cannabis plant and the industry and advocates for legalization. The Weedmaps listings marketplace provides consumers with information regarding cannabis retailers and brands, as well as the strain, pricing, and other information regarding locally available cannabis products, through the Company’s website and mobile apps, permitting product discovery and reservation of products for pickup by consumers or delivery to consumers by participating retailers. The Company sells its offerings in the United States, and the Company has a limited number of non-monetized listings in several international countries including Austria, Canada, Germany, the Netherlands, Spain, and Switzerland. Through December 31, 2020, the Company offered standard listing subscription clients access to a listing page on weedmaps.com in addition to free access to its SaaS solutions, including WM Orders, WM Dispatch, WM Exchange, WM Retail and WM Store, along with its API integrations with third-party point-of-sale (“POS”) systems. For access to the orders functionality, beginning in September 2019, standard listing clients were also then required to pay a fixed services fee per delivery order submitted which the Company imposed regardless of whether the proposed order was canceled or completed. As of January 1, 2021, the Company migrated all standard listing subscription clients to its new WM Business subscription package. Under this new subscription package, all retailers continue to receive access to a standard listing page and SaaS solutions. In addition, the Company began including access to WM Dashboard and eliminated the technology services fee on delivery orders as part of the transition to the new WM Business subscription package. The Company operates in the United States, Canada, and other foreign jurisdictions where medical and/or adult use cannabis is legal under state or applicable national law. The Company is headquartered in Irvine, California.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business Combination</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">WM Technology, Inc. was initially incorporated in the Cayman Islands on June 7, 2019 under the name “Silver Spike Acquisition Corp.” (“Silver Spike”). Silver Spike was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. On June 16, 2021 (the “Closing Date”), Silver Spike consummated the business combination (the “Business Combination”), pursuant to that certain Agreement and Plan of Merger, dated December 10, 2020 (the “Merger Agreement”), by and among Silver Spike, Silver Spike Merger Sub LLC, a Delaware limited liability company and a wholly owned direct subsidiary of Silver Spike Acquisition Corp. (“Merger Sub”), WM Holding Company, LLC, a Delaware limited liability company (when referred to in its pre-Business Combination capacity, “Legacy WMH” and following the Business Combination, “WMH LLC”), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative (the “Holder Representative”). On the Closing Date, and in connection with the closing of the Business Combination (the “Closing”), Silver Spike was domesticated and continues as a Delaware corporation, changing its name to WM Technology, Inc.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company was reorganized into an Up-C structure, in which substantially all of the assets and business of the Company are held by WMH LLC and continue to operate through WMH LLC and its subsidiaries, and WM Technology, Inc.’s material assets are the equity interests of WMH LLC indirectly held by it. Legacy WMH was determined to be the accounting acquirer in the Business Combination, which was accounted for as a reverse recapitalization in accordance with accounting principles generally accepted in the United States of America (“GAAP”). </span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities Act”), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).</span></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the interim condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant estimates made by management include, among others, the valuation of accounts receivable, the useful lives of long-lived assets, income taxes, website and internal-use software development costs, leases, valuation of goodwill and other intangible assets, valuation of warrant liability, deferred tax asset and tax receivable agreement liability, revenue recognition, stock-based compensation, and the recognition and disclosure of contingent liabilities.</span></div> | ||
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
50884000 | USD |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
46505000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
138969000 | USD | |
CY2021Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3000000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
900000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
5300000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
5300000 | USD |
CY2021Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
7800000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
117470000 | USD | |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
50884000 | USD |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
46505000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
138969000 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
117470000 | USD | |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
400000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
200000 | USD | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s financial instruments are potentially subject to concentrations of credit risk. The Company places its cash with high quality credit institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit. Management believes that the risk of loss is not significant and has not experienced any losses in such accounts.</span></div> | ||
maps |
Political Contributions
PoliticalContributions
|
500000 | USD | |
maps |
Political Contributions
PoliticalContributions
|
600000 | USD | |
CY2021Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
4100000 | USD |
CY2020Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
2400000 | USD |
us-gaap |
Advertising Expense
AdvertisingExpense
|
11900000 | USD | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
6700000 | USD | |
CY2021Q3 | maps |
Political Contributions
PoliticalContributions
|
200000 | USD |
CY2020Q3 | maps |
Political Contributions
PoliticalContributions
|
300000 | USD |
CY2021Q3 | maps |
Tax Receivable Agreement Liabilities As Percent Of Expected Benefit
TaxReceivableAgreementLiabilitiesAsPercentOfExpectedBenefit
|
0.85 | |
CY2021Q3 | maps |
Tax Receivable Agreement Percent Recorded In Additional Paid In Capital
TaxReceivableAgreementPercentRecordedInAdditionalPaidInCapital
|
0.15 | |
CY2021Q3 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
3000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
43300000 | USD |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1715000 | USD | |
CY2021Q3 | maps |
Lease Cost Excluding Short Term Lease Cost
LeaseCostExcludingShortTermLeaseCost
|
2915000 | USD |
CY2021Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
156187000 | USD |
CY2021Q3 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-45837000 | USD |
maps |
Lease Cost Excluding Short Term Lease Cost
LeaseCostExcludingShortTermLeaseCost
|
8833000 | USD | |
maps |
Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
|
44052000 | USD | |
CY2021Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2400000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
48400000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2350000 | USD |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
7118000 | USD | |
CY2021Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
565000 | USD |
CY2021Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1000 | USD |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
88000 | USD | |
CY2021Q3 | us-gaap |
Lease Cost
LeaseCost
|
2916000 | USD |
us-gaap |
Lease Cost
LeaseCost
|
8921000 | USD | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5900000 | USD | |
CY2021Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
110350000 | USD |
CY2020Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
0 | USD |
maps |
Reverse Merger Warrant Liabilities Acquired
ReverseMergerWarrantLiabilitiesAcquired
|
193978000 | USD | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-83628000 | USD | |
CY2021Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
110350000 | USD |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
43300000 | USD | |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2343000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
9597000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
9898000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9405000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
5830000 | USD |
CY2021Q3 | maps |
Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
|
29732000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
66805000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
20736000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
46069000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y7M6D | |
CY2021Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.098 | |
CY2021Q3 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
2400000 | USD |
us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
2400000 | USD | |
maps |
Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
|
79969000 | USD | |
maps |
Reverse Recapitalization Initial Fair Value Of Warrant Liability Recognized
ReverseRecapitalizationInitialFairValueOfWarrantLiabilityRecognized
|
193978000 | USD | |
maps |
Transaction Costs Allocated To Warrants
TransactionCostsAllocatedToWarrants
|
5547000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
1053000 | USD | |
CY2021Q2 | maps |
Reverse Recapitalization Period Of Exchange Agreement
ReverseRecapitalizationPeriodOfExchangeAgreement
|
P180D | |
CY2021Q2 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
maps |
Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
|
254203000 | USD | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
325000000 | USD | |
maps |
Reverse Recapitalization Cash Paid To Shareholders
ReverseRecapitalizationCashPaidToShareholders
|
455182000 | USD | |
maps |
Reverse Recapitalization Deferred Tax Assets
ReverseRecapitalizationDeferredTaxAssets
|
147973000 | USD | |
maps |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
126150000 | USD | |
maps |
Reverse Recapitalization Net
ReverseRecapitalizationNet
|
-85586000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
129240910 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
58700000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-83600000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23600000 | USD | |
maps |
Transaction Costs Allocated To Warrants
TransactionCostsAllocatedToWarrants
|
5500000 | USD | |
CY2021Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
6362000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
3961000 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
45658000 | USD |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P10Y6M | ||
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
15339000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
6893000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8446000 | USD |
CY2020 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P13Y2M12D | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
10724000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
6219000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4505000 | USD |
CY2020Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | USD |
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | USD | |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
611000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
2057000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1659000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1442000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1017000 | USD |
CY2021Q3 | maps |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
1660000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8446000 | USD |
CY2021Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6500000 | USD |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6586000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2244000 | USD |
CY2021Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
11019000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3821000 | USD |
CY2021Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
23881000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
12651000 | USD |
CY2019Q2 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
11.50 | |
CY2021Q3 | maps |
Notice Period To Redeem Warrants
NoticePeriodToRedeemWarrants
|
P30D | |
CY2021Q3 | maps |
Class Of Warrant Or Right Threshold Trading Days
ClassOfWarrantOrRightThresholdTradingDays
|
P20D | |
CY2021Q3 | maps |
Class Of Warrant Or Right Trading Period
ClassOfWarrantOrRightTradingPeriod
|
P30D | |
CY2021Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-45800000 | USD |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-83600000 | USD | |
CY2021Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
75000000 | shares |
CY2021Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q2 | maps |
Reverse Recapitalization Period Of Exchange Agreement
ReverseRecapitalizationPeriodOfExchangeAgreement
|
P180D | |
CY2021Q2 | maps |
Exchange Of Stock Exchange Ratio
ExchangeOfStockExchangeRatio
|
1 | shares |
CY2021Q2 | maps |
Reverse Recapitalization Business Combination Shares
ReverseRecapitalizationBusinessCombinationShares
|
25687126 | shares |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
|
4100000 | USD |
CY2021Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4192000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23625000 | USD | |
CY2021Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
695000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
695000 | USD | |
CY2021Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
4887000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
24320000 | USD | |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
49205000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
73773000 | USD | |
CY2021Q3 | maps |
Net Income Loss Attributable To Parent Prior To Reverse Merger
NetIncomeLossAttributableToParentPriorToReverseMerger
|
0 | USD |
maps |
Net Income Loss Attributable To Parent Prior To Reverse Merger
NetIncomeLossAttributableToParentPriorToReverseMerger
|
-15078000 | USD | |
CY2021Q3 | maps |
Net Income Loss Attributable To Noncontrolling Interest After Reverse Merger
NetIncomeLossAttributableToNoncontrollingInterestAfterReverseMerger
|
28370000 | USD |
maps |
Net Income Loss Attributable To Noncontrolling Interest After Reverse Merger
NetIncomeLossAttributableToNoncontrollingInterestAfterReverseMerger
|
33597000 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
20835000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
25098000 | USD | |
CY2021Q3 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
19618000 | USD |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
35679000 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1217000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-10581000 | USD | |
CY2021Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
95939 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |