v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Current assets      
Cash and cash equivalents $ 45,519 $ 62,401  
Marketable securities 11,483 0  
Accounts receivable, net 16,863 14,619  
Prepaid expenses and other current assets 6,672 7,900  
Total current assets 80,537 84,920  
Property and equipment, net 25,530 24,986  
Goodwill 61,274 61,274  
Intangible assets, net 1,369 1,510  
Right-of-use assets 11,631 12,219  
Other assets 6,067 5,758  
Total assets 186,408 190,667  
Current liabilities      
Accounts payable and accrued expenses 19,847 23,962  
Deferred revenue 5,999 5,499  
Operating lease liabilities, current 4,069 3,922  
Tax receivable agreement liability, current 0 2,658  
Warrant liability, current 98 195  
Total current liabilities 30,013 36,236  
Operating lease liabilities, non-current 21,562 22,631  
Total liabilities 51,575 58,867  
Commitments and contingencies (Note 5)  
Stockholders’ equity      
Preferred Stock - $0.0001 par value; 75,000,000 shares authorized; no shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0  
Additional paid-in capital 113,413 112,076  
Accumulated other comprehensive income 2   $ 0
Accumulated deficit (53,746) (54,917)  
Total WM Technology, Inc. stockholders’ equity 59,685 57,175  
Noncontrolling interests 75,148 74,625  
Total stockholders’ equity 134,833 131,800 $ 123,716
Total liabilities and stockholders’ equity 186,408 190,667  
Class A Common Stock      
Stockholders’ equity      
Common Stock 11 11  
Class V Common Stock      
Stockholders’ equity      
Common Stock $ 5 $ 5