Annual report pursuant to Section 13 and 15(d)

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

v3.22.0.1
Consolidated Statements of Redeemable Convertible Preferred Stock, Redeemable Noncontrolling Interests and Stockholders’ Equity (Deficit) - USD ($)
$ in Thousands
Class A
Common Stock
Redeemable Convertible Preferred Stock
Redeemable Noncontrolling Interests
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Total
Balance at Jan. 01, 2020   $ 231,020 $ 73,977     $ (262,208) $ (1,000) $ (263,208)
Balance (in Shares) at Jan. 01, 2020 [1] 44,198,935 103,598,936            
Stock-based compensation   $ 1,650 1,650
Stock-based compensation (in Shares) [1]            
Exercise of stock options and warrants   134 134
Exercise of stock options and warrants (in Shares) [1] 3,671,785              
Issuance of Series C-1 in connection with the acquisition of WTI $ 27,929      
Issuance of Series C-1 in connection with the acquisition of WTI (in Shares) [1] 8,853,530            
Issuance of Series C-1 redeemable convertible preferred stock   $ 12,025            
Conversion of subordinated convertible notes to Series C redeemable convertible preferred stock (in Shares) [1]   3,811,908            
Accrued dividends on redeemable convertible preferred stock   $ 17,209   (1,784) (15,425)   (17,209)
Accrued dividends on redeemable convertible preferred stock (in Shares) [1]            
Redemption of common stock      
Redemption of common stock (in Shares) [1]            
Redemption of stock options      
Redemption of stock options (in Shares) [1]            
Contributions from redeemable noncontrolling interests 10,750  
Contributions from redeemable noncontrolling interests (in Shares) [1]            
Redemptions by redeemable noncontrolling interests (17,489)  
Redemptions by redeemable noncontrolling interests (in Shares) [1]            
Distributions to redeemable noncontrolling interests (3,795)  
Distributions to redeemable noncontrolling interests (in Shares) [1]            
Net income (loss) 8,409   (49,996) (49,996)
Net income (loss) (in Shares) [1]            
Balance at Dec. 31, 2020 $ 288,183 71,852     (327,629) (1,000) (328,629)
Balance (in Shares) at Dec. 31, 2020 [1] 47,870,720 116,264,374            
Balance at Jan. 01, 2021   $ 288,183 71,852 (327,629) (1,000) (328,629)
Balance (in Shares) at Jan. 01, 2021 [1]   116,264,374   47,870,720        
Stock-based compensation   5,039 5,039
Stock-based compensation (in Shares) [1]            
Exercise of stock options and warrants   252 252
Exercise of stock options and warrants (in Shares) [1]     788,774        
Accrued dividends on redeemable convertible preferred stock   $ 14,292 (2,606) (11,686) (14,292)
Accrued dividends on redeemable convertible preferred stock (in Shares) [1]            
Preferred stock conversion   $ (302,475) $ 12 250,761 51,702 302,475
Preferred stock conversion (in Shares) [1]   (116,264,374)   116,264,374        
Reverse capitalization on September 22, 2021   $ 11 437,948 1,000 438,959
Reverse capitalization on September 22, 2021 (in Shares)     62,223,940 [1]        
Redemption of common stock   (9,700) (9,700)
Redemption of common stock (in Shares) [1]     (970,000)        
Redemption of stock options   (12,741) (12,741)
Redemption of stock options (in Shares) [1]            
Issuance of common stock in connection with the acquisition of Malka Media Group LLC   28,707 28,707
Issuance of common stock in connection with the acquisition of Malka Media Group LLC (in Shares) [1]     4,181,441        
Issuance of common stock in connection with business contracts     815     815
Issuance of common stock in connection with business contracts (in Shares) [1]     123,199        
Contributions from redeemable noncontrolling interests   53,000  
Contributions from redeemable noncontrolling interests (in Shares) [1]            
Redemptions by redeemable noncontrolling interests   (127,391)  
Redemptions by redeemable noncontrolling interests (in Shares) [1]            
Distributions to redeemable noncontrolling interests   (10,237)  
Distributions to redeemable noncontrolling interests (in Shares) [1]            
Net income (loss)   12,776 (177,651) (177,651)
Net income (loss) (in Shares) [1]            
Balance at Dec. 31, 2021   $ 23 $ 708,175 $ (465,264) $ (9,700) $ 233,234
Balance (in Shares) at Dec. 31, 2021 [1]     230,482,448        
[1] Prior period results have been adjusted to reflect the exchange of Legacy MoneyLion Common Stock for MoneyLion Class A Common Stock at an exchange ratio of approximately 16.4078 in September 2021 as a result of the Business Combination. See Note 3, “Business Combination,” for details.