| Schdeule of computation of net loss per common share |
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(24,645 |
) |
|
$ |
(5,490 |
) |
|
$ |
(137,240 |
) |
|
$ |
(11,153 |
) |
| Net income attributable to redeemable noncontrolling interests |
|
|
(3,520 |
) |
|
|
(1,967 |
) |
|
|
(9,364 |
) |
|
|
(6,480 |
) |
| Reversal of previously accrued / (accrual of) dividends on redeemable convertible preferred stock |
|
|
52,466 |
|
|
|
(4,387 |
) |
|
|
42,728 |
|
|
|
(12,817 |
) |
| Net income (loss) attributable to common stockholders - basic |
|
$ |
24,301 |
|
|
$ |
(11,844 |
) |
|
$ |
(103,876 |
) |
|
$ |
(30,450 |
) |
| Change in fair value of Legacy MoneyLion Warrants liability |
|
|
12,046 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Change in fair value of subordinated convertible notes |
|
|
(7,684 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Interest expense from subordinated convertible notes |
|
|
323 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Net income (loss) attributable to common stockholders - diluted |
|
$ |
28,986 |
|
|
$ |
(11,844 |
) |
|
$ |
(103,876 |
) |
|
$ |
(30,450 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average common shares outstanding - basic (1) |
|
|
62,314,396 |
|
|
|
44,857,889 |
|
|
|
53,119,751 |
|
|
|
45,253,509 |
|
| Weighted-average dilutive impact of redeemable convertible preferred stock |
|
|
106,043,330 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Weighted-average dilutive impact of Legacy MoneyLion Warrants |
|
|
8,456,138 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Weighted-average dilutive impact of options to purchase common stock |
|
|
33,117,202 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Weighted-average dilutive impact of Subordinated Convertible Notes |
|
|
9,183,022 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Weighted-average common shares outstanding - diluted (1) |
|
|
219,114,088 |
|
|
|
44,857,889 |
|
|
|
53,119,751 |
|
|
|
45,253,509 |
|
| Net income (loss) per share attributable to common stockholders - basic |
|
$ |
0.39 |
|
|
$ |
(0.26 |
) |
|
$ |
(1.96 |
) |
|
$ |
(0.67 |
) |
| Net income (loss) per share attributable to common stockholders - diluted |
|
$ |
0.13 |
|
|
$ |
(0.26 |
) |
|
$ |
(1.96 |
) |
|
$ |
(0.67 |
) |
|
| Schdeule of potential common shares |
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Conversion of redeemable convertible preferred stock (1) |
|
|
- |
|
|
|
107,410,844 |
|
|
|
- |
|
|
|
107,410,844 |
|
| Warrants to purchase common stock and redeemable convertible preferred stock (1) |
|
|
25,600,000 |
|
|
|
16,286,818 |
|
|
|
25,600,000 |
|
|
|
16,286,818 |
|
| Options to purchase common stock (1) |
|
|
- |
|
|
|
34,935,030 |
|
|
|
37,622,625 |
|
|
|
34,935,030 |
|
Right to receive Earnout Shares |
|
|
17,500,000 |
|
|
|
- |
|
|
|
17,500,000 |
|
|
|
- |
|
| Total common stock equivalents |
|
|
43,100,000 |
|
|
|
158,632,692 |
|
|
|
80,722,625 |
|
|
|
158,632,692 |
|
|