Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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| Income Statement [Abstract] | ||||||
| Net interest income on finance receivables | $ 2,293 | $ 1,654 | $ 5,716 | $ 3,617 | ||
| Membership subscription revenue | 8,347 | 8,435 | 23,709 | 22,778 | ||
| Affiliates income | 3,175 | 518 | 6,444 | 1,368 | ||
| Fee income | 30,402 | 12,471 | 79,659 | 28,924 | ||
| Other income | 3 | 39 | 21 | 174 | ||
| Total Revenues, net | 44,220 | 23,117 | 115,549 | 56,861 | ||
| Marketing | 13,531 | 2,921 | 27,060 | 7,404 | ||
| Provision for loss on receivables | 15,238 | 10,456 | 36,644 | 14,587 | ||
| Other direct costs | 1,828 | 1,183 | 6,983 | 3,137 | ||
| Interest expense | 1,627 | 865 | 4,947 | 2,316 | ||
| Personnel expenses | 15,483 | 4,672 | 30,736 | 15,704 | ||
| Underwriting expenses | 2,158 | 1,137 | 5,702 | 4,553 | ||
| Information technology expenses | 1,195 | 1,725 | 5,009 | 5,089 | ||
| Bank and payment processor fees | 6,770 | 3,697 | 18,526 | 8,987 | ||
| Change in fair value of warrant liability | (6,551) | (228) | 42,239 | (228) | ||
| Change in fair value of subordinated convertible notes | 49,561 | |||||
| Professional fees | 4,678 | 1,879 | 12,715 | 4,516 | ||
| Depreciation and amortization expense | 486 | 286 | 1,502 | 811 | ||
| Occupancy expense | (46) | 314 | 719 | 913 | ||
| Gain on foreign currency translation | (135) | (43) | (178) | (155) | ||
| Other operating (income) expenses | 8,242 | (257) | 6,221 | 393 | ||
| Total operating expenses | 64,504 | 28,607 | 248,386 | 68,027 | ||
| Net loss before income taxes | (20,284) | (5,490) | (132,837) | (11,166) | ||
| Income tax (benefit) expense | (1) | 41 | (13) | |||
| Net loss | (20,283) | (5,490) | (132,878) | (11,153) | ||
| Net income attributable to redeemable noncontrolling interests | (3,520) | (1,967) | (9,364) | (6,480) | ||
| Reversal of previously accrued / (accrued) dividends on redeemable convertible preferred stock | 52,466 | (4,387) | 42,728 | (12,817) | ||
| Net loss attributable to common shareholders | $ 28,663 | $ (11,844) | $ (99,514) | $ (30,450) | ||
| Net loss per share, basic and diluted (in Dollars per share) | [1] | $ 0.46 | $ (0.26) | $ (1.87) | $ (0.67) | |
| Weighted average shares used in computing net loss per share, basic and diluted (in Shares) | [1] | 62,314,396 | 44,857,889 | 53,119,751 | 45,253,509 | |
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- Definition The amount of affiliates income. No definition available.
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- Definition The amount of fee income. No definition available.
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- Definition The amount of information technology expenses. No definition available.
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- Definition The amount of Occupancy expense. No definition available.
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- Definition The amount of reversal of previously accrued / (accrued) dividends on redeemable convertible preferred stock. No definition available.
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- Definition The amount of expense in the period for clearance fees. No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax of foreign currency transaction realized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before tax, of income (loss) attributable to parent. Includes, but is not limited to, income (loss) from continuing operations, discontinued operations and equity method investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of operating interest income (expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of Net Income (Loss) attributable to redeemable noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Costs incurred during the period, such as those relating to general administration and policy maintenance that do not vary with and are not primarily related to the acquisition or renewal of insurance contracts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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