v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 32,914 $ 70,140
Accounts receivable 3,128 5,722
Prepaid expenses 7,679 10,799
Related party receivables 635 838
Deferred contract acquisition costs, current 41,950 43,388
Other current assets 899 814
Total current assets 87,205 131,701
Property and equipment, net 416 453
Operating lease right-of-use assets 6,100 6,684
Intangible assets, net 3,799 3,813
Goodwill 30,043 30,043
Deferred contract acquisition costs, noncurrent 47,012 34,678
Deferred tax assets 11,300 11,007
Total assets 185,875 218,379
Current liabilities:    
Accrued expenses 31,535 33,221
Deferred revenue and other contract liabilities 191,758 183,798
Operating lease liabilities, current 743 908
Related party TRA liability, current (Note 10) 577 0
Other current liabilities 14,152 11,900
Total current liabilities 247,665 234,204
Deferred revenue and other contract liabilities, noncurrent 195,043 185,754
Related party TRA liability, noncurrent (Note 10) 2,511 4,260
Other liabilities, noncurrent 3,133 2,611
Operating lease liabilities, noncurrent 4,793 5,175
Total liabilities 453,145 432,004
Stockholders’ deficit:    
Preferred stock - par value of $0.0001 per share, 100,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 81,395 101,945
Accumulated other comprehensive income 20 36
Accumulated deficit (114,866) (113,664)
Total stockholders’ deficit attributable to MarketWise, Inc. (33,450) (11,682)
Noncontrolling interest (233,820) (201,943)
Total stockholders’ deficit (267,270) (213,625)
Total liabilities and stockholders’ deficit 185,875 218,379
Common stock – Class A    
Stockholders’ deficit:    
Common stock 0 0
Common stock – Class B    
Stockholders’ deficit:    
Common stock 1 1
Nonrelated Party    
Current liabilities:    
Trade and other payables 7,023 3,868
Related Party    
Current assets:    
Operating lease right-of-use assets 6,100 6,700
Current liabilities:    
Trade and other payables $ 1,877 $ 509