Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash, including amounts held by variable interest entities (VIEs) of $2,539 and $390 $ 295,645 $ 19,406
Restricted cash 3,357 1,521
Receivables 129,281 68,794
Allowance for losses on receivables (16,791) (9,127)
Receivables, net, including amounts held by VIEs of $99,306 and $52,264 112,490 59,667
Property and equipment, net 588 502
Intangible assets, net 8,041 9,275
Goodwill 21,565 21,565
Due from related party 5
Other assets 26,913 11,702
Total assets 468,599 123,643
Liabilities:    
Secured loans 43,626 24,395
Accounts payable and accrued liabilities 46,134 20,968
Subordinated convertible notes, at fair value 14,000
Related party loan 5,000
Warrant liability 22,916 24,667
Other debt 3,207
Total liabilities 112,676 92,237
Commitments and contingencies (Note 17)
Redeemable convertible preferred stock (Series A-1, A-2, A-3, B, B-2, C, C-1), $0.0001 par value; 0 and 7,471,198 shares authorized, 0 and 7,085,923 issued and outstanding at September 30, 2021 and December 31, 2020; aggregate liquidation preference of $0 and $288,183 at September 30, 2021 and December 31, 2020 [1] 288,183
Redeemable noncontrolling interests 123,549 71,852
Stockholders’ deficit:    
Class A Common Stock, $0.0001 par value; 2,000,000,000 and 0 shares authorized as of September 30, 2021 and December 31, 2020, respectively, 226,177,708 and 0 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 23
Additional paid-in capital 676,268
Accumulated deficit (434,217) (327,629)
Treasury stock, 970,000 and 44,924 shares at September 30, 2021 and December 31, 2020 at cost (9,700) (1,000)
Total stockholders’ deficit 232,374 (328,629)
Total liabilities, redeemable convertible preferred stock, redeemable noncontrolling interests and stockholders’ deficit $ 468,599 $ 123,643
[1] Prior period results have been adjusted to reflect the exchange of Legacy MoneyLion’s common stock for MoneyLion Class A Common Stock at an exchange of approximately 16.4078 in September 2021 as a result of the Business Combination. See Note 4, “Business combination,” for details.