Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.22.2
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schdeule of computation of net loss per common share
    Three Months Ended
March 31,
 
    2022     2021  
             
Numerator:            
Net loss   $ (9,978 )   $ (73,406 )
Net income attributable to redeemable noncontrolling interests    
-
      (2,767 )
Accrual of dividends on preferred stock     (1,028 )     (4,842 )
Net loss attributable to common shareholders   $ (11,006 )   $ (81,015 )
Denominator:                
Weighted-average common shares outstanding - basic and diluted (1)     230,737,284       48,348,187  
Net loss per share attributable to common stockholders - basic and diluted (1)   $ (0.05 )   $ (1.68 )

 

(1) Prior period results have been adjusted to reflect the exchange of Legacy MoneyLion’s 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 4, “Business Combination,” for details.

  

Schdeule of potential common shares
    March 31,  
    2022     2021  
Conversion of convertible preferred stock (1)     28,693,931       116,264,374  
Warrants to purchase common stock and redeemable convertible preferred stock (1)     25,599,889       14,738,710  
PSUs, RSUs and options to purchase common stock (1)     65,193,606       41,090,725  
Right to receive earnout shares     17,500,000      
-
 
Total common stock equivalents     136,987,426       172,093,809  

 

(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 4, “Business Combination” for details.