Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
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
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Balances at Dec. 31, 2020 $ (328,624)   $ 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 2,425     2,425
Exercise of stock options and warrants 251     251
Exercise of stock options and warrants (in Shares) [1]           788,673      
Accrued dividends on redeemable convertible preferred stock (14,292)   14,292   (2,606) (11,686)
Contributions from redeemable noncontrolling interests   53,000  
Redemptions by redeemable noncontrolling interests   (3,556)  
Distributions to redeemable noncontrolling interests   (7,111)  
Issuance of options and preferred stock in connection with Even Acquisition (9,700)               (9,700)
Reverse capitalization on September 22, 2021 (in Shares) [1]           62,223,940      
Reverse capitalization on September 22, 2021 439,184         $ 6 438,178 1,000
Redemption of common stock (in Shares) [1]           970,000      
Redemption of common stock (9,700)               (9,700)
Stock Issued During Period, Value, New Issues (9,700)               (9,700)
Redemption of stock options (12,741)           (12,741)    
Preferred stock conversion, Shares     116,264,374     116,264,374 [1]      
Preferred stock conversion 302,475   $ 302,475     $ 12 250,761 51,702
Net income (loss) attributable to redeemable noncontrolling interest 9,364     9,364          
Net income (loss) (146,604)       (146,604)
Balances at Sep. 30, 2021 232,374   $ 0 123,549   (434,217) (9,700)
Balances (in Shares) at Sep. 30, 2021     0     226,177,707 [1]      
Balances at Jun. 30, 2021 (454,800)   $ 298,010 101,157   $ 5 (453,805) (1,000)
Balances (in Shares) at Jun. 30, 2021 [1]     116,264,374     48,658,573      
Stock-based compensation 586     586
Exercise of stock options and warrants        
Exercise of stock options and warrants (in Shares) [1]           820      
Accrued dividends on redeemable convertible preferred stock (4,465)   4,465   (516) (3,949)
Contributions from redeemable noncontrolling interests   22,000  
Redemptions by redeemable noncontrolling interests   (500)  
Distributions to redeemable noncontrolling interests   (2,628)  
Issuance of options and preferred stock in connection with Even Acquisition (9,700)               (9,700)
Reverse capitalization on September 22, 2021 (in Shares) [1]           62,223,940      
Reverse capitalization on September 22, 2021 439,184         $ 6 438,178 1,000
Redemption of common stock (in Shares) [1]           970,000      
Redemption of common stock (9,700)               (9,700)
Stock Issued During Period, Value, New Issues (9,700)               (9,700)
Redemption of stock options (12,741)           (12,741)    
Preferred stock conversion, Shares     116,264,374     116,264,374 [1]      
Preferred stock conversion 302,475   $ 302,475   $ 12   250,761 51,702
Net income (loss) attributable to redeemable noncontrolling interest 3,520     3,520          
Net income (loss) (28,165)       (28,165)
Balances at Sep. 30, 2021 232,374   $ 0 $ 123,549   (434,217) (9,700)
Balances (in Shares) at Sep. 30, 2021     0     226,177,707 [1]      
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 13,643       13,643
Exercise of stock options and warrants and vesting of RSUs 1,217       1,217
Exercise of stock options and warrants and vesting of RSUs (in Shares)           4,642,830      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 22,250       $ 2 22,248
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares)           15,242,076      
Issuance of options and preferred stock in connection with Even Acquisition 8,963 $ 193,392       8,963
Issuance of options and preferred stock in connection with Even Acquisition (in Shares)   28,656,121              
Redemption of common stock 8,963 $ 193,392       8,963
Stock Issued During Period, Value, New Issues 8,963 193,392       8,963
Conversion of preferred stock to common stock   $ 20,250              
Conversion of preferred stock to common stock, Shares   3,000,542     3,000,542        
Accrued dividends on preferred stock (4,892)       (4,892)
Other (127)       (1,087) 960
Net income (loss) attributable to redeemable noncontrolling interest                
Net income (loss) (54,060)       (54,060)
Balances at Sep. 30, 2022 228,928 $ 173,142       $ 25 761,576 (522,973) (9,700)
Balances (in Shares) at Sep. 30, 2022   25,655,579       253,367,896      
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      
Stock-based compensation 5,127       5,127
Exercise of stock options and warrants and vesting of RSUs 440       440
Exercise of stock options and warrants and vesting of RSUs (in Shares)           2,220,476      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 5,532       5,531
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares)           6,196,031      
Issuance of options and preferred stock in connection with Even Acquisition   $ 255              
Issuance of options and preferred stock in connection with Even Acquisition (in Shares)   37,810              
Redemption of common stock   $ 255              
Stock Issued During Period, Value, New Issues   255              
Conversion of preferred stock to common stock   $ 20,250              
Conversion of preferred stock to common stock, Shares   (3,000,542)       3,000,542      
Accrued dividends on preferred stock (1,688)       (1,688)
Net income (loss) attributable to redeemable noncontrolling interest                
Net income (loss) (21,017)       (21,017)
Balances at Sep. 30, 2022 $ 228,928 $ 173,142       $ 25 $ 761,576 $ (522,973) $ (9,700)
Balances (in Shares) at Sep. 30, 2022   25,655,579       253,367,896      
[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.