Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Redeemable Convertible Preferred Stock, Redeemable Noncontrolling Interests and Stockholders' Equity (Deficit) (Unaudited)

v3.22.2
Consolidated Statements of Redeemable Convertible Preferred Stock, Redeemable Noncontrolling Interests and Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Redeemable Convertible Preferred Stock (Series A)
Redeemable Convertible Preferred Stock (All Series)
Redeemable Noncontrolling Interests
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Balances at Dec. 31, 2020 $ (328,629)   $ 288,183 $ 71,852 $ (327,629) $ (1,000)
Balances (in Shares) at Dec. 31, 2020 [1]     116,264,374   47,870,720      
Stock-based compensation 1,839   1,839
Exercise of stock options and warrants 251   251
Exercise of stock options and warrants (in Shares) [1]         787,853      
Accrued dividends on redeemable convertible preferred stock (9,827)   9,827 (2,090) (7,737)
Contributions from redeemable noncontrolling interests   31,000
Redemptions by redeemable noncontrolling interests   (3,056)
Distributions to redeemable noncontrolling interests   (4,483)
Net income (loss) attributable to redeemable noncontrolling interest 5,844     5,844        
Net income (loss) (118,463)     (118,463)
Balances at Jun. 30, 2021 (454,829)   $ 298,010 101,157 (453,829) (1,000)
Balances (in Shares) at Jun. 30, 2021 [1]     116,264,374   48,658,573      
Balances at Mar. 31, 2021 (408,881)   $ 293,025 90,994 (407,881) (1,000)
Balances (in Shares) at Mar. 31, 2021 [1]     116,264,374   48,603,164      
Stock-based compensation 1,321   1,321
Exercise of stock options and warrants 6   6
Exercise of stock options and warrants (in Shares) [1]         55,409      
Accrued dividends on redeemable convertible preferred stock (4,985)   4,985 (1,327) (3,658)
Contributions from redeemable noncontrolling interests   10,000
Redemptions by redeemable noncontrolling interests   (400)
Distributions to redeemable noncontrolling interests   (2,514)
Net income (loss) attributable to redeemable noncontrolling interest 3,077     3,077        
Net income (loss) (42,290)     (42,290)
Balances at Jun. 30, 2021 (454,829)   $ 298,010 $ 101,157 (453,829) (1,000)
Balances (in Shares) at Jun. 30, 2021 [1]     116,264,374   48,658,573      
Balances at Dec. 31, 2021 221,684     $ 23 701,234 (469,873) (9,700)
Balances (in Shares) at Dec. 31, 2021         230,482,448      
Stock-based compensation 8,516     8,516
Exercise of stock options and warrants and vesting of RSUs 777     777
Exercise of stock options and warrants and vesting of RSUs (in Shares)         2,422,354      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 16,718     $ 1 16,717
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares)         9,046,045      
Issuance of options and preferred stock in connection with Even Acquisition 8,963 $ 193,647     8,963
Issuance of options and preferred stock in connection with Even Acquisition (in Shares)   28,693,931            
Accrued dividends on preferred stock (3,204)     (3,204)
Other (127)     (1,087) 960
Net income (loss) attributable to redeemable noncontrolling interest              
Net income (loss) (33,043)     (33,043)
Balances at Jun. 30, 2022 220,284 $ 193,647     $ 24 731,916 (501,956) (9,700)
Balances (in Shares) at Jun. 30, 2022   28,693,931     241,950,847      
Balances at Mar. 31, 2022 233,481 $ 193,647     $ 24 722,048 (478,891) (9,700)
Balances (in Shares) at Mar. 31, 2022   28,693,931     235,550,057      
Stock-based compensation 5,248     5,248
Exercise of stock options and warrants and vesting of RSUs 356     356
Exercise of stock options and warrants and vesting of RSUs (in Shares)         1,522,453      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 6,440     6,440
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares)         4,878,337      
Accrued dividends on preferred stock (2,176)     (2,176)
Net income (loss) attributable to redeemable noncontrolling interest              
Net income (loss) (23,065)     (23,065)
Balances at Jun. 30, 2022 $ 220,284 $ 193,647     $ 24 $ 731,916 $ (501,956) $ (9,700)
Balances (in Shares) at Jun. 30, 2022   28,693,931     241,950,847      
[1] Prior period results have been adjusted to reflect the exchange of Legacy MoneyLion Common Stock for MoneyLion Class A Common Stock at the Exchange Ratio of approximately 16.4078 in September 2021 as a result of the Business Combination. See Note 3, “Business Combination,” for details.