Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.0.1
Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
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