Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Jul. 09, 2021
Sep. 30, 2022
Sep. 30, 2021
Jul. 09, 2021
Sep. 30, 2022
Income Statement [Abstract]          
Revenue $ 2,074 $ 33,265 $ 26,520 $ 53,064 $ 91,086
Costs and Expenses          
Cost of revenues (exclusive of items shown separately below) 365 5,619 4,841 10,556 16,621
Compensation and benefits 1,042 16,378 32,782 17,162 43,641
Selling, general, and administrative 330 4,504 3,330 3,450 15,522
Property and technology 162 2,069 1,502 2,790 5,981
Depreciation and amortization 78 8,572 20,541 1,688 40,713
Provision for losses 0 37,247 254 1,172 41,927
Goodwill impairment 0 384,379 0 0 384,379
Management fees to affiliate 4 0 0 204 0
Costs and expenses 1,981 458,768 63,250 37,022 548,784
Operating income (loss) 93 (425,503) (36,730) 16,042 (457,698)
Other Income (Expense), Net          
Interest income 9 189 77 262 360
Interest expense (32) (375) (291) (604) (931)
Change in fair value of warrant liabilities (1,439) 6,590 10,116 (5,504) 15,316
Change in fair value of contract derivatives, net 125 (2,340) 489 (662) (2,247)
Realized gains (losses) on contract derivatives, net 6 (278) 1,377 2,992 3,686
Other realized losses, net 0 (196) 0 0 (569)
Other income (expense) (5) (839) (60) 616 (1,667)
Business combination expenses (529) 0 (1,093) (7,011) 0
Other income (expense), net (1,865) 2,751 10,615 (9,911) 13,948
Net Income (Loss) Before Income Taxes (1,772) (422,752) (26,115) 6,131 (443,750)
Income tax benefit (expense) 0 7,299 5,684 0 11,350
Net Income (Loss) (1,772) (415,453) (20,431) 6,131 (432,400)
Noncontrolling interests in loss of consolidated subsidiaries 0 151,389 9,108 0 158,478
Net Income (Loss) Attributable to Class A Shareholders $ (1,772) $ (264,064) $ (11,323) $ 6,131 $ (273,922)
Net loss per Class A share          
Basic (in dollars per share)   $ (3.16) $ (0.13)   $ (3.25)
Diluted (in dollars per share)   $ (3.16) $ (0.15)   $ (3.25)
Weighted average number of Class A shares outstanding          
Basic (in shares)   83,049,291 84,833,808   84,157,718
Diluted (in shares)   83,049,291 131,088,438   84,157,718