v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 62,401 $ 51,966
Accounts receivable, net 14,619 10,060
Prepaid expenses and other current assets 7,900 7,486
Total current assets 84,920 69,512
Property and equipment, net 24,986 24,075
Goodwill 61,274 68,368
Intangible assets, net 1,510 1,952
Right-of-use assets 12,219 14,695
Other assets 5,758 3,264
Total assets 190,667 181,866
Current liabilities    
Accounts payable and accrued expenses 23,962 20,102
Deferred revenue 5,499 5,433
Operating lease liabilities, current 3,922 3,492
Tax receivable agreement liability, current 2,658 1,406
Warrant liability, current 195 0
Total current liabilities 36,236 30,433
Operating lease liabilities, non-current 22,631 26,601
Tax receivable agreement liability, non-current 0 3,006
Warrant liability, non-current 0 585
Other long-term liabilities 0 1,174
Total liabilities 58,867 61,799
Commitments and contingencies (Note 6)
Stockholders’ equity    
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at December 31, 2025 and December 31, 2024 0 0
Additional paid-in capital 112,076 92,941
Accumulated deficit (54,917) (56,879)
Total WM Technology, Inc. stockholders’ equity 57,175 36,077
Non-controlling interests 74,625 83,990
Total stockholders’ equity 131,800 120,067
Total liabilities and stockholders’ equity 190,667 181,866
Class A Common Stock    
Stockholders’ equity    
Common Stock 11 10
Class V Common Stock    
Stockholders’ equity    
Common Stock $ 5 $ 5