fuboTV (FUBO) 10-Q 6 Jul 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	Jul. 02, 2020
Document And Entity Information
Entity Registrant Name	FaceBank Group, Inc.
Entity Central Index Key	0001484769
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		38,684,136
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash	$ 81	$ 7,624
Accounts receivable, net		8,904
Notes Receivable - FuboTV	10,000
Inventory		49
Prepaid expenses	130	1,396
Total current assets	10,211	17,973
Property and equipment, net		335
Deposits	24	24
Investment in Nexway at fair value	2,374
Financial assets at fair value	1,965	1,965
Intangible assets	111,459	116,646
Goodwill	148,054	148,054
Right-of-use assets	37	3,519
Total assets	274,124	288,516
Current liabilities
Accounts payable	3,406	36,373
Accrued expenses	4,337	20,402
Due to related parties	305	665
Notes payable, net of discount	5,207	4,090
Notes payable - related parties	446	368
Convertible notes, net of $945 and $456 discount as of March 31, 2020 and December 31, 2019, respectively	1,962	1,358
Shares settled liability for intangible asset		1,000
Shares settled liability for note payable	7,515
Profit share liability	1,971	1,971
Warrant liability - subsidiary	39	24
Warrant liability	15,987
Derivative liability	389	376
Current portion of lease liability	37	815
Total current liabilities	41,601	67,442
Deferred income taxes	28,679	30,879
Other long-term liabilities	1	41
Lease liability		2,705
Long term borrowings	55,130	43,982
Total liabilities	125,411	145,049
COMMITMENTS AND CONTINGENCIES (Note 14)
Series D Convertible Preferred stock, par value $0.0001, 2,000,000 shares authorized, 456,000 and 456,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $463 and $462 as of March 31, 2020 and December 31, 2019, respectively	463	462
Stockholders' equity:
Common stock par value $0.0001: 400,000,000 shares authorized; 32,307,663 and 28,912,500 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	3	3
Additional paid-in capital	270,397	257,002
Accumulated deficit	(140,134)	(135,832)
Non-controlling interest	17,984	22,602
Accumulated other comprehensive loss		(770)
Total stockholders' equity	148,250	143,005
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY AND TEMPORARY EQUITY	274,124	288,516
Series AA Preferred stock [Member]
Stockholders' equity:
Preferred stock value
Series A Preferred Stock [Member]
Stockholders' equity:
Preferred stock value
Series B Convertible Preferred Stock [Member]
Stockholders' equity:
Preferred stock value
Series C Convertible Preferred Stock [Member]
Stockholders' equity:
Preferred stock value
Series X Convertible Preferred Stock [Member]
Stockholders' equity:
Preferred stock value

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Convertible notes, net of discount	$ 945	$ 456
Series D Convertible Preferred stock , par value	$ 0.0001	$ 0.0001
Series D Convertible Preferred stock, shares authorized	2,000,000	2,000,000
Series D Convertible Preferred stock, shares issued	456,000	456,000
Series D Convertible Preferred stock, shares outstanding	456,000	456,000
Series D Convertible Preferred stock, liquidation preference	$ 463	$ 462
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	32,307,663	28,912,500
Common stock, shares outstanding	32,307,663	28,912,500
Series AA Preferred stock [Member]
Preferred stock, par value		$ 0.00001
Preferred stock, shares authorized		35,800,000
Preferred stock, shares issued		0
Preferred stock, shares outstanding		0
Series A Preferred Stock [Member]
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		5,000,000
Preferred stock, shares issued		0
Preferred stock, shares outstanding		0
Series B Convertible Preferred Stock [Member]
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		1,000,000
Preferred stock, shares issued		0
Preferred stock, shares outstanding		0
Series C Convertible Preferred Stock [Member]
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		41,000,000
Preferred stock, shares issued		0
Preferred stock, shares outstanding		0
Series X Convertible Preferred Stock [Member]
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		1,000,000
Preferred stock, shares issued		1,000,000
Preferred stock, shares outstanding		1,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues
Revenues, net	$ 7,295
Total revenues	7,295
Operating expenses
General and administrative	20,203	1,037
Amortization of intangible assets	5,217	5,153
Depreciation	3	5
Total operating expenses	25,423	6,195
Operating loss	(18,128)	(6,195)
Other income (expense)
Interest expense and financing costs	(2,581)	(446)
Gain on deconsolidation of Nexway	39,249
Loss on issuance of notes, bonds and warrants	(24,053)
Other expense	(436)
Change in fair value of warrant liability	(366)
Change in fair value of subsidiary warrant liability	(15)	2,477
Change in fair value of shares settled liability	(180)
Change in fair value of derivative liability	297	128
Total other income	11,915	2,159
Loss before income taxes	(6,213)	(4,036)
Income tax benefit	(1,038)	(1,169)
Net loss	(5,175)	(2,867)
Less: net loss attributable to non-controlling interest	873	599
Net loss attributable to controlling interest	(4,302)	(3,466)
Less: Deemed dividend - beneficial conversion feature on preferred stock	(171)
Net loss attributable to common stockholders	$ (4,473)	$ (3,466)
Net loss per share attributable to common stockholders
Basic	$ (0.15)	$ (0.27)
Diluted	$ (0.15)	$ (0.27)
Weighted average shares outstanding:
Basic	30,338,073	12,883,381
Diluted	30,338,073	12,883,381

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss	Noncontrolling Interest [Member]	Series X Convertible Preferred Stock [Member]	Total
Balance at Dec. 31, 2018	$ 1	$ 227,570	$ (21,763)		$ 26,742		$ 232,550
Balance, shares at Dec. 31, 2018	7,532,776					1,000,000
Issuance of common stock for cash		1,778					1,778
Issuance of common stock for cash, shares	378,098
Preferred stock converted to common stock	$ 1	(1)
Preferred stock converted to common stock, shares	15,000,000					(1,000,000)
Common stock issued for lease settlement		$ 130					$ 130
Common stock issued for lease settlement, shares	18,935
Issuance of subsidiary common stock for cash, shares		65					65
Additional shares issued for reverse stock split
Additional shares issued for reverse stock split, shares	1,374
Net loss			(3,466)		599		(2,867)
Balance at Mar. 31, 2019	$ 2	229,542	(25,229)		27,341		231,656
Balance, shares at Mar. 31, 2019	22,931,183
Balance at Dec. 31, 2019	$ 3	257,002	(135,832)	$ (770)	22,602		143,005
Balance, shares at Dec. 31, 2019	28,912,500
Issuance of common stock for cash		2,297					2,297
Issuance of common stock for cash, shares	795,593
Issuance of common stock - subsidiary share exchange		1,150			(1,150)
Issuance of common stock - subsidiary share exchange, shares	1,552,070
Common stock issued in connection with note payable		67					67
Common stock issued in connection with note payable, shares	7,500
Stock based compensation		10,061					10,061
Stock based compensation, shares	1,040,000
Deemed dividend related to immediate accretion of redemption feature of convertible preferred stock		(171)					(171)
Accrued Series D preferred stock dividends		(9)					(9)
Deconsolidation of Nexway				770	(2,595)		(1,825)
Net loss			(4,302)		(873)		(5,175)
Balance at Mar. 31, 2020	$ 3	$ 270,397	$ (140,134)		$ 17,984		$ 148,250
Balance, shares at Mar. 31, 2020	32,307,663

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities
Net loss	$ (5,175)	$ (2,867)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of intangible assets	5,217	5,153
Depreciation	3	5
Stock-based compensation	9,061
Gain on deconsolidation of Nexway, net of cash retained by Nexway	(42,604)
Common stock issued in connection with note payable	67
Loss on issuance of notes, bonds and warrants	24,053
Amortization of debt discount	1,664	234
Deferred income tax benefit	(1,038)	(1,169)
Change in fair value of derivative liability	(297)	(128)
Change in fair value of warrant liability	366
Change in fair value of subsidiary warrant liability	15	(2,477)
Change in fair value of shares settled liability	180
Amortization of right-of-use assets	13	6
Accrued interest on note payable	112	144
Other adjustments	(55)
Changes in operating assets and liabilities of business, net of acquisitions:
Accounts receivable	(927)
Notes Receivable	(179)
Prepaid expenses	1,102	(23)
Accounts payable	1,295	172
Accrued expenses	(277)	374
Due from related parties	(60)
Lease liability	(14)	(6)
Net cash used in operating activities	(7,478)	(582)
Cash flows from investing activities
Investment in Panda Productions (HK) Limited		(1,000)
Sale of profits interest in investment in Panda Productions (HK) Limited		212
Advances to fuboTV	(2,421)
Lease security deposit		(13)
Net cash used in investing activities	(2,421)	(801)
Cash flows from financing activities
Proceeds from issuance of convertible notes	900
Repayments of convertible notes	(550)	(203)
Proceeds from the issuance of Series D Preferred Stock	203
Proceeds from sale of common stock and warrants	2,297	1,778
Proceeds from sale of subsidiary's common stock		65
Redemption of Series D Preferred Stock	(272)
Proceeds from related parties notes	78
(Repayments) proceeds from (to) related parities	(300)	18
Net cash provided by financing activities	2,356	1,658
Net (decrease) increase in cash	(7,543)	275
Cash at beginning of period	7,624	31
Cash at end of period	81	306
Supplemental disclosure of cash flows information:
Interest paid	170	68
Income tax paid
Non cash financing and investing activities:
Reclass of shares settled liability for intangible asset to stock-based compensation	1,000
Issuance of common stock - subsidiary share exchange	1,150
Lender advanced loan proceeds direct to fuboTV	7,579
Accrued Series D Preferred Stock dividends	9
Deemed dividend related to immediate accretion of redemption feature of convertible preferred stock	171
Common stock issued for lease settlement		130
Measurement period adjustment on the Evolution AI Corporation acquisition		$ 1,920

Organization and Nature of Busi

Organization and Nature of Business	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Organization and Nature of Business	Note 1 – Organization and Nature of Business Incorporation FaceBank Group, Inc. (the “Company” or “FaceBank”) was incorporated under the laws of the State of Florida in February 2009 under the name York Entertainment, Inc. On September 30, 2019, the Company’s name was changed to FaceBank Group, Inc. Merger with fuboTV Inc. On April 1, 2020, fuboTV Acquisition Corp., a Delaware corporation and our wholly-owned subsidiary (“Merger Sub”) merged with and into fuboTV Inc., a Delaware corporation (“fuboTV”), whereby fuboTV continued as the surviving corporation and became our wholly-owned subsidiary pursuant to the terms of the Agreement and Plan of Merger and Reorganization dated as of March 19, 2020, by and among us, Merger Sub and fuboTV (the “Merger Agreement” and such transaction, the “Merger”) (See Note 15). In accordance with the terms of the Merger Agreement, at the effective time of the Merger (the “Effective Time”), all of the capital stock of fuboTV was converted into the right to receive shares of our newly-created class of Series AA Convertible Preferred Stock, par value $0.0001 per share (the “Series AA Preferred Stock”) (See Note 12). Each share of Series AA Preferred Stock is entitled to 0.8 votes per share and is convertible into two (2) shares of our common stock, only in connection with a bona fide transfer to a third party pursuant to Rule 144. Until the time we are able to uplist to a national securities exchange, the Series AA Preferred Stock benefits from certain protective provisions that, for example, require us to obtain the approval of a majority of the shares of outstanding Series AA Preferred Stock, voting as a separate class, before undertaking certain matters. As a result of the Merger, fuboTV, a leading live TV streaming platform for sports, news, and entertainment, became a wholly-owned subsidiary of the Company. Before the Merger, Facebank Group was and continues to be a character-based virtual entertainment company, and a leading developer of digital human likeness for celebrities and consumers, focused on applications in traditional entertainment, sports entertainment, live events, social networking, mixed reality (AR/VR) and artificial intelligence. Following the Merger, we operate our business under the name “fuboTV” and we are in the process of changing the name of FaceBank Group, Inc. to fuboTV, Inc. On May 1, 2020, the Company’s trading symbol was changed to “FUBO”. Unless the context otherwise requires, “we,” “us,” “our,” and the “Company” refers to FaceBank and its subsidiaries on a consolidated basis, and fuboTV Pre-Merger refers to fuboTV Inc. prior to the Merger. In connection with the Merger, on March 11, 2020, FaceBank and HLEE Finance S.a r.l. (“HLEE”) entered into a Credit Agreement, dated as of March 11, 2020, pursuant to which HLEE provided FaceBank with a $100,000,000 revolving line of credit (the “Credit Facility”). The Credit Facility is secured by substantially all the assets of FaceBank. As of July 6, 2020, there are no amounts outstanding under the Credit Facility, and the Company does not intend to draw down on this Credit Facility. See Note 8 of the Notes to the Unaudited Condensed Consolidated Financial Statements for more information about the Credit Facility. On March 19, 2020, FaceBank, Merger Sub, Evolution AI Corporation (“EAI”) and Pulse Evolution Corporation (“PEC” and collectively with EAI, Merger Sub and FaceBank, the “Initial Borrower”) and FB Loan Series I, LLC (“FB Loan”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”), pursuant to which the Initial Borrower sold to FB Loan senior secured promissory notes in an aggregate principal amount of $10,050,000 (the “Senior Notes”). The Company received proceeds of $7.4 million, net of an original issue discount of $2.65 million. In connection with the FB Loan, FaceBank, fuboTV and certain of their respective subsidiaries granted a lien on substantially of their assets to secure the obligations under the Senior Notes. See Note 8 of the Notes to the Unaudited Condensed Consolidated Financial Statements for more information about the Note Purchase Agreement. Prior to the Merger, fuboTV Pre-Merger and its subsidiaries were party to a Credit and Guaranty Agreement, dated as of April 6, 2018 (the “AMC Agreement”), with AMC Networks Ventures LLC as lender, administrative agent and collateral agent (“AMC Networks Ventures”). fuboTV Pre-Merger previously granted AMC Networks Ventures a lien on substantially all of its assets to secure its obligations thereunder. The AMC Agreement survived the Merger and, as of the Effective Time, there was $24.9 million outstanding under the AMC Agreement, net of debt issuance costs. In connection with the Merger, FaceBank guaranteed the obligations of fuboTV under the AMC Agreement on an unsecured basis. The liens of AMC Networks Ventures on the assets of fuboTV are senior to the liens in favor of FB Loan and FaceBank securing the Senior Notes. Nature of Business The Company is a leading digital entertainment company, combining fuboTV Pre-Merger’s direct-to-consumer live TV streaming, or vMVPD, platform with FaceBank Pre-Merger’s technology-driven IP in sports, movies and live performances. We expect that this business combination will create a content delivery platform for traditional and future-form IP. We plan to leverage FaceBank’ IP sharing relationships with leading celebrities and other digital technologies to enhance its already robust sports and entertainment offerings. Since the Merger, while we continue our previous business operations, we are principally focused on offering consumers a leading live TV streaming platform for sports, news and entertainment through fuboTV. fuboTV revenues are almost entirely derived from the sale of subscription services and advertising in the United States, though fuboTV has started to assess expansion opportunities into international markets, with operations in Canada and the launch in late 2018 of its first ex-North America offering of streaming entertainment, to consumers in Spain. Our subscription-based services are offered to consumers who can sign-up for accounts at https://fubo.tv, through which we provide basic plans with the flexibility for consumers to purchase the add-ons and features best suited for them. Besides the website, consumers can also sign-up via some TV-connected devices. The fuboTV platform provides, what we believe to be, a superior viewer experience, with a broad suite of unique features and personalization tools such as multi-channel viewing capabilities, favorites lists and a dynamic recommendation engine as well as 4K streaming and Cloud DVR offerings.

Liquidity, Going Concern and Ma

Liquidity, Going Concern and Management Plans	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity, Going Concern and Management Plans	Note 2 – Liquidity, Going Concern and Management Plans The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. The Company had cash of $0.1 million, a working capital deficiency of $31.4 million and an accumulated deficit of $140.1 million at March 31, 2020 and fuboTV had net loss of $173.7 million for the year ended December 31, 2019. The Company expects to continue incurring losses in the foreseeable future and will need to raise additional capital to fund its operations, meet its obligations in the ordinary course of business and execute its longer-term business plan. These obligations include liabilities assumed in acquisition that are in arrears and payable on demand. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date that these financial statements are issued. The unaudited condensed consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company’s future capital requirements and the adequacy of its available funds will depend on many factors, including its ability to successfully attract and retain subscribers, develop new technologies that can compete in a rapidly changing market with many competitors and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement its product and service offerings. Management believes that the Company has access to capital resources through potential issuances of debt and equity securities. The ability of the Company to continue as a going concern is dependent on the Company’s ability to execute its strategy and raise additional funds. Management is currently seeking additional funds, primarily through the issuance of equity securities for cash, to operate its business. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in the case of an equity financing. In addition to the foregoing, based on the Company’s current assessment, the Company does not expect any material impact on its long-term development timeline and its liquidity due to the worldwide spread of a novel strain of coronavirus (“COVID 19”). However, the Company is continuing to assess the effect on its operations by monitoring the spread of COVID-19 and the actions implemented to combat the virus throughout the world.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3 – Summary of Significant Accounting Policies Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts, as of March 31, 2020, of the Company and its 99.7%-owned operating subsidiary EAI, which, until the Merger, was the Company’s principal operating subsidiary; inactive subsidiaries York Production LLC and York Production II LLC; wholly-owned subsidiaries Facebank AG, StockAccess Holdings SAS (“SAH”) and FBNK Finance Sarl (“FBNK Finance”); its 70.0% ownership in Highlight Finance Corp. (“HFC”); and its 76% ownership in Pulse Evolution Corporation (“PEC”). All significant inter-company balances and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities and Exchange Commission (the “Commission”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments (except for the Nexway deconsolidation), considered necessary for a fair presentation of such interim results. The results for the unaudited condensed consolidated statement of operations are not necessarily indicative of results to be expected for the year ending December 31, 2020 or for any future interim period. The unaudited condensed consolidated balance sheet at December 31, 2019 has been derived from the audited financial statements; however, it does not include all of the information and notes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2019 and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC on May 29, 2020. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The significant estimates and assumptions include allocating the fair value of purchase consideration issued in business acquisitions, useful lives of intangible assets, analysis of impairments of recorded intangible assets, accruals for potential liabilities, assumptions made in valuing derivative liabilities and assumptions made when estimating the fair value of equity instruments issued in share-based payment arrangements and fair value of equity method investees. Significant Accounting Policies For a detailed discussion about the Company’s significant accounting policies, see the Company’s Annual Report on Form 10-K filed with the SEC on May 29, 2020. Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per . The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: March 31, March 31, 2020 2019 Common stock purchase warrants 200,007 200,007 Series D Preferred Stock shares 456,000 - Stock options 16,667 16,667 Convertible notes variable settlement feature 311,111 577,503 Total 983,785 794,177 Deferred Tax Liability The following is a rollforward of the Company’s deferred tax liability from January 1, 2020 to March 31, 2020 (in thousands): March 31, 2020 Beginning balance $ 30,879 Income tax benefit (associated with the amortization of intangible assets) (1,038 ) Deconsolidation of Nexway (1,162 ) Ending balance $ 28,679 Recently Issued Accounting Standards In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The amendments in ASU 2018-13 modify the disclosure requirements on fair value measurements based on the concepts in the Concepts Statement, including the consideration of costs and benefits. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The amendments are effective for all entities for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating ASU 2018-13 and its impact on its condensed consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company is currently evaluating the impact of this standard on its condensed consolidated financial statements and related disclosures.

Investments

Investments	3 Months Ended
	Mar. 31, 2020
Investments, All Other Investments [Abstract]
Investments	Note 4 – Investments Nexway The Company had an equity investment of 62.3% in Nexway AG (“Nexway”), which it acquired on September 16, 2019. The equity investment in Nexway was a controlling financial interest and the Company consolidated its investment in Nexway under ASC 810, Consolidation. On March 31, 2020, the Company relinquished 20% of the total Nexway shareholder votes associated with its investment, which reduced the Company’s voting interest in Nexway to 37.6%. As a result of the Company’s loss of control in Nexway, the Company deconsolidated Nexway as of March 31, 2020 as it no longer has a controlling financial interest. As of March 31, 2020, the fair value of the Nexway shares owned by the Company is approximately $2.4 million, calculated as follows (dollars in thousands, except per share value): Price per share Euros € 5.28 Exchange rate 1.1032 Price per share USD $ 5.82 Nexway shares held by the Company 407,550 Fair value - investment in Nexway $ 2,374 The deconsolidation of Nexway resulted in a gain of approximately $39.2 million calculated as follows: Cash $ 5,776 Accounts receivable 9,831 Inventory 50 Prepaid expenses 164 Property and equipment, net 380 Right-of-use assets 3,594 Total assets $ 19,795 Less: Accounts payable 34,262 Accrued expenses 15,788 Lease liability 3,594 Deferred income taxes 1,161 Other liabilities 40 Total liabilities $ 54,845 Non-controlling interest 2,595 Foreign currency translation adjustment (770 ) Net deficit (36,875 ) Less: fair value of shares owned by Facebank 2,374 Gain on deconsolidation of Nexway $ 39,249 Panda Interests In March 2019, the Company entered into an agreement to finance and co-produce Broadway Asia’s theatrical production of DreamWorks’ Kung Fu Panda Spectacular Live at the Venetian Theatre in Macau, Hong Kong (“Macau Show”). The Company determined the fair value of the profits interest to be approximately $1.7 million as of the date of this transaction and $2.0 million as of March 31, 2020 and December 31, 2019. The table below summarizes the Company’s profits interest at March 31, 2020 and December 31, 2019 (in thousands except for unit and per unit information): Panda units granted 26.2 Fair value per unit on grant date $ 67,690 Grant date fair value $ 1,773 Change in fair value of Panda interests $ 198 Fair value at December 31, 2019 $ 1,971 Change in fair value of Panda interests - Fair value at March 31, 2020 $ 1,971

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 5 – Intangible Assets The table below summarizes the Company’s intangible assets at March 31, 2020 (in thousands): Useful Weighted Average March 31, 2020 Lives (Years) Remaining Life (Years) Intangible Assets Accumulated Amortization Net Balance Human animation technologies 7 6 $ 123,436 (29,054 ) $ 94,382 Trademark and trade names 7 6 7,746 (1,826 ) 5,920 Animation and visual effects technologies 7 6 6,016 (1,418 ) 4,598 Digital asset library 5-7 5.5 7,536 (1,610 ) 5,926 Intellectual Property 7 6 828 (195 ) 633 Total $ 145,562 $ (34,103 ) $ 111,459 Amortization expense for the three months ended March 31, 2020 and 2019 was $5.2 million in each period, respectively. The estimated future amortization expense associated with intangible assets is as follows (in thousands): Future Amortization 2020 $ 15,652 2021 20,868 2022 20,868 2023 20,868 2024 20,795 Thereafter 12,408 Total $ 111,459

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Note 6 – Accounts Payable and Accrued Expenses Accounts payable and accrued expenses as of March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, December 31, 2020 2019 Suppliers $ - $ 37,508 Payroll taxes (in arrears) 1,308 1,308 Accrued compensation 2,124 3,649 Legal and professional fees 1,797 3,936 Accrued litigation loss 524 524 Taxes - 5,953 Other 1,990 3,897 Total $ 7,743 $ 56,775

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Parties	Note 7 – Related Parties Amounts owed to and due from related parties as of March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, December 31, 2020 2019 Alexander Bafer, former Executive Chairman $ 20 $ 20 John Textor, former Chief Executive Officer and affiliated companies 292 592 Other (7 ) 53 Total $ 305 $ 665 Our former Chairman and current Director, Mr. Bafer, advanced an unsecured, non-interest-bearing loan to the Company which is payable on demand. The amounts due to John Textor, former Chief Executive Officer and Executive Chairman and our current Head of Studio and a Director, represents an unpaid compensation liability assumed in the acquisition of EAI. The amounts due to other related parties also represent financing obligations assumed in the acquisition of EAI. Notes Payable – Related Parties On August 8, 2018, the Company assumed a $172,000 note payable due to a relative of the then-Chief Executive Officer, John Textor. The note has three-month roll-over provision and different maturity and repayment amounts if not fully paid by its due date and bears interest at 18% per annum. The Company has accrued default interest for additional liability in excess of the principal amount. The note is currently in default. Accrued interest as of March 31, 2020 and December 31, 2019 related to this note was $102,000 and $85,000, respectively.

Notes Payable

Notes Payable	3 Months Ended
	Mar. 31, 2020
Notes Payable [Abstract]
Notes Payable	Note 8 - Notes Payable Evolution AI Corporation The Company has recorded, through the accounting consolidation of EAI, a $2.7 million note payable bearing interest at the rate of 10% per annum that was due on October 1, 2018. The cumulative accrued interest on the note amounts to $1.5 million. The note is currently in a default condition due to non-payment of principal and interest. The note relates to the acquisition of technology from parties who, as a result of the acquisition of EAI, own 15,000,000 shares of the Company’s common stock (after the conversion of 1,000,0000 shares of Series X Convertible Preferred Stock during the year ended December 31, 2019). Such holders have agreed not to declare the note in default and to forbear from exercising remedies which would otherwise be available in the event of a default, while the note continues to accrue interest. The Company is currently in negotiation with such holders to resolve the matter. FBNK Finance SarL On February 17, 2020, FBNK Finance issued EUR 50,000,000 of bonds (or $55.1 million as of March 31, 2020). There were 5,000 notes with a nominal value EUR 10,000 per note. The bonds were issued at par with 100% redemption price. The maturity date of the bonds is February 15, 2023 and the bonds have a 4.5% annual fixed rate of interest. Interest is payable semi-annually on August 15 and February 15 th Credit and Security Agreement As described in Note 1, on March 11, 2020, the Company and HLEEF entered into the Credit Agreement, pursuant to which HLEEF extended the Credit Facility to FaceBank. The Credit Facility is secured by substantially all the assets of FaceBank. As of July 6, 2020, there are no amounts outstanding under the Credit Facility, and the Company does not intend to draw down on this Credit Facility. As described in Note 1, in connection with the Credit Agreement, FaceBank and HLEEF entered into the HLEEF Security Agreement, pursuant to which FaceBank granted to HLEEF a security interest in all substantially all assets of FaceBank as security for the prompt and complete payment and performance of all of the obligations under the Credit Agreement and the related promissory note. The Credit Facility contains customary affirmative and negative covenants, including restrictions on the ability of FaceBank to incur indebtedness in excess of $50,000,000, subject to certain exceptions, to make loans in excess of $250,000 to directors or officers of FaceBank or to any subsidiary other than fuboTV, and to declare and pay any distributions, subject to certain exceptions. The Credit Facility also contains customary events of default that include, among other things, certain payment defaults, cross defaults to other material indebtedness, covenant defaults, change of control defaults, judgment defaults, and bankruptcy and insolvency defaults. If an event of default exists, the lenders may require the immediate payment of all obligations under the Credit Facility, and may exercise certain other rights and remedies provided for under the Credit Facility, the HLEEF Security Agreement, the other loan documents and applicable law. Note Purchase Agreement On March 19, 2020, the Initial Borrower and FB Loan entered into the Note Purchase Agreement, pursuant to which the Initial Borrower sold to FB Loan the Senior Notes. On April 2, 2020, fuboTV and Sports Rights Management, LLC, a Delaware limited liability company (“SRM”), also joined the Note Purchase Agreement as borrowers (fuboTV, SRM and the Initial Borrower, collectively, the “Borrower”). In connection with the Company’s acquisition of fuboTV, the proceeds of $7.4 million, net of an original issue discount of $2.65 million, were sent directly to fuboTV (see Note 15). Each Borrower’s obligations under the Senior Notes are secured by substantially all of the assets of each such Borrower pursuant to a Security Agreement, dated as of March 19, 2020, by and among Borrower and FB Loan (the “Security Agreement”). The Note Purchase Agreement contains customary affirmative and negative covenants, including covenants limiting the ability of the Borrower and its subsidiaries to, among other things, incur debt, grant liens, make certain restricted payments, make certain loans and other investments, undertake certain fundamental changes, enter into restrictive agreements, dispose of assets, and enter into transactions with affiliates, in each case, subject to limitations and exceptions set forth in the Note Purchase Agreement. The Note Purchase Agreement also contains customary events of default that include, among other things, certain payment defaults, cross defaults to other material obligations, covenant defaults, change of control defaults, judgment defaults, and bankruptcy and insolvency defaults. If an event of default exists, the lenders may require the immediate payment of all obligations under the Note Purchase Agreement, and may exercise certain other rights and remedies provided for under the Note Purchase Agreement, the Security Agreement, the other loan documents and applicable law. Interest on the Senior Notes shall accrue until full and final repayment of the principal amount of the Senior Note at a rate of 17.39% per annum. On the first business day of each calendar month in which the Senior Note is outstanding, beginning on April 1, 2020, Borrower shall pay in arrears in cash to FB Loan accrued interest on the outstanding principal amount of the Senior Note. The maturity date of the Senior Notes is the earlier to occur of (i) July 8, 2020 and (ii) the date the Borrower receives the proceeds of any financing. The Borrower may prepay or redeem the Senior Note in whole or in part without penalty or premium. In connection with the Note Purchase Agreement, the Company issued FB Loan a warrant to purchase 3,269,231 shares of its common stock at an exercise price of $5.00 per share (the “FB Loan Warrant”) and 900,000 shares of its common stock. The fair value of the warrant on the Senior Notes issuance date was approximately $15.6 million and is recorded as a warrant liability in the accompanying condensed consolidated balance sheet with subsequent changes in fair value recognized in earnings each reporting period (see Note 9). The fair value of the 900,000 common stock issued was based upon the closing price of the Company’s common stock as of March 19, 2020 (or $8.15 per share or $7.3 million). Since the fair value of the warrants and common stock exceeded the principal balance of the Senior Notes, the Company recorded a loss on issuance of the Senior Notes totaling $12.9 million and is reflected in the accompanying condensed consolidated statement of operations. The 900,000 shares were valued at $8.15 per share at March 19, 2020 and $7.5 million set forth on the balance sheet for shares settled payable for note payable reflects the fair value of 900,000 shares to be issued at $8.35 per share as of March 31, 2020. The Company recorded change in fair value of shares settled payable of $0.2 million during the three months ended March 31, 2020. The carrying value of the Senior Notes as of March 31, 2020 is comprised of the following: March 31, 2020 Principal value of Senior Note $ 10,050 Original issue discount (2,650 ) Discount resulting from allocation of proceeds to warrant liability (7,400 ) Amortization of discount 1,005 Net carrying value of Senior Note $ 1,005 Pursuant to the Note Purchase Agreement, the Borrower agreed, among other things that (i) FaceBank shall file a registration statement with the Commission regarding the purchase and sale of 900,000 shares of FaceBank’s common stock issued to FB Loan in connection with the Note Purchase Agreement (the “Shares”) and any shares of capital stock issuable upon exercise of the FB Loan Warrant (the “Warrant Shares)”); and (ii) FaceBank shall have filed an application to list FaceBank’s Common Stock for trading on the NASDAQ exchange, on or before the date that is thirty (30) days following the closing date of the Note Purchase Agreement. As of July 3, 2020, the Company had repaid the Senior Notes in full ($10.05 million) plus accrued interest. Amendments to the Note Purchase Agreement On April 21, 2020, the Company entered into an Amendment to the Note Purchase Agreement to (i) extend the deadline for registration of the resale of the Shares and the Warrant Shares to May 25, 2020 and (ii) provide that in lieu of the obligation under the Note Purchase Agreement to apply to list on NASDAQ within thirty (30) days of March 19, 2020, FaceBank shall have initiated the process to list its capital stock on a national exchange on or before the date that is thirty (30) days following March 19, 2020. Subsequently, on May 28, 2020, the Company and FB Loan entered into a Consent and Second Amendment to the Note Purchase Agreement (the “Second Amendment”), pursuant to which, among other things, FB Loan agreed to extend the deadline for registration for of the Shares and the Warrant Shares for resale to July 1, 2020. In addition: (i) FB Loan consented to the May 11, 2020 sale by the Company of capital stock for aggregate consideration in the amount of $7,409,045; and (ii) the provision requiring that following receipt by any loan party or any subsidiary of proceeds of any financing, the Borrower must prepay the Senior Note in an amount equal to 100% of the cash proceeds of such financing, was removed. Finally, on July 1, 2020, the Company and FB Loan entered into a Third Amendment to Note Purchase Agreement (the “Third Amendment”), pursuant to which (i) the deadline for registration of the Shares and the Warrant Shares for resale was extended to July 8, 2020 and (ii) the deadline for the redemption of the Senior Notes by the Borrower was amended to be the earlier to occur of (y) July 8, 2020 and (z) the date the Borrower receives the proceeds of any financing. Joinder Agreement and Guaranty Agreement On April 30, 2020, fuboTV and SRM entered into a joinder agreement (the “Joinder Agreement”) in favor of FB Loan in connection with the Note Purchase Agreement. The Joinder Agreement is effective as of April 2, 2020. Pursuant to the Joinder Agreement, (a) fuboTV joined the Note Purchase Agreement, became an issuer of notes and a borrower thereunder, assumed all obligations of the Borrower in connection therewith, and granted a lien on substantially all of its assets to secure its obligations under the Note Purchase Agreement and any notes issued pursuant thereto and (b) SRM guaranteed the obligations of the Borrower and fuboTV under the Note Purchase Agreement and any notes issued pursuant thereto and granted a security interest in substantially all of its assets to secure its guaranty obligations. On April 30, 2020, in connection with the Joinder Agreement, SRM entered into a guaranty agreement (the “Guaranty Agreement”) in favor of FB Loan, pursuant to which SRM guaranteed the obligations of Borrower under fuboTV under the Note Purchase Agreement. The Guaranty Agreement is effective as of April 2, 2020.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 9 – Fair Value Measurements The Company holds investments in equity securities and limited partnership interests, which are accounted for at fair value and classified within financial assets at fair value on the condensed consolidated balance sheet, with changes in fair value recognized as investment gain/ loss in the condensed consolidated statements of operations. The Company also has an investment in Nexway common stock that is publicly traded on the Frankfurt Exchange. Additionally, the Company’s convertible notes, derivatives and warrants were classified as liabilities and measured at fair value on the issuance date, with changes in fair value recognized as other income/expense in the condensed consolidated statements of operations. Fair valued measured at March 31, 2020 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial Assets at Fair Value: Investment in Equity/Debt Funds $ - $ 1,965 $ - Investment in Nexway at fair value 2,374 - - Total Financial Assets at Fair Value $ 2,374 $ 1,965 $ - Financial Liabilities at Fair Value: Derivative liability - convertible notes $ - $ - $ 1,692 Profits interest sold - - 1,971 Embedded put option - - 389 Warrant liability - Subsidiary - - 39 Warrant liability - - 15,987 Total Financial Liabilities at Fair Value $ - $ - $ 20,078 Fair Value measured at December 31, 2019 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Derivative liability – convertible notes $ - $ - $ 1,203 Profits interest - - 1,971 Embedded put option - - 376 Warrant Liability - Subsidiary - - 24 Total Financial Liabilities at Fair Value $ - $ - $ 3,574 Derivative Financial Instruments The following table presents changes in Level 3 liabilities measured at fair value (in thousands) for the year ended December 31, 2019. Unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. Derivative - Convertible Notes Warrants (assumed from subsidiary) Profits Interests Sold Warrant Liability Embedded Put Option Fair value at December 31, 2019 $ 1,203 $ 24 $ 1,971 $ - $ 376 Change in fair value (200 ) 15 - 366 (97 ) Additions 689 - - 15,621 172 Redemption - - - - (62 ) Fair value at March 31, 2020 $ 1,692 $ 39 $ 1,971 $ 15,987 $ 389 The Company assumed liability for a warrant issued by PEC that expires on January 28, 2023. The fair value of the warrant liability, totaled $39,000 on March 31, 2020 and $24,000 on December 31, 2019, resulting in a change in fair value of $15,000 that is reported as a component of other income/(expense) in the condensed consolidated statement of operations for the three months ended March 31, 2020. Subsidiary Warrant Liability March 31, 2020 December 31, 2019 Exercise price $ 0.75 $ 0.75 Stock price – subsidiary $ 0.03 $ 0.02 Discount applied 0 % 0 % Fair value of stock price $ 0.00 $ 0.00 Risk free rate 0.28 % 1.62 % Contractual term (years) 2.83 3.08 Expected dividend yield 0 % 0 % Expected volatility 83.7 % 83.7 % Number of subsidiary warrants outstanding 48,904,037 48,904,037 In arriving at the fair value of stock price as of December 31, 2019 and March 31, 2020, no discount was applied to the trading price of the PEC stock, as a result of illiquidity in the volumes being traded on the OTC markets. Risk-free interest rate was based on rates established by the Federal Reserve Bank. The volatility rate was based on stock prices of comparable companies. Profits Interest Warrant Liability The significant assumptions used in the valuation are as follows: March 31, 2020 Fair value of underlying common shares $ 4.78 - 4.97 Exercise price $ 5.00 Dividend yield - % Historical volatility 52.6% - 52.8 % Risk free interest rate 0.14% – 0.66 % Embedded Put Option March 31, 2020 December 31, 2019 Stock price $ 8.35 – $9.20 $ 8.91 – $9.03 Fixed conversion price $ 0.25 $ 0.25 Risk free rate 0.2 – 0.4 % 1.6 % Contractual term (years) 1.2 – 1.5 1.2 – 1.5 Expected dividend yield 8.0 % 8.0 % Expected volatility 87.2% - 94.8 % 89.2% - 90.4 %

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Convertible Notes Payable	Note 10 – Convertible Notes Payable At March 31, 2020 and December 31, 2019, the carrying amounts of the convertible notes including the remaining principal balance plus the fair value of the derivative liabilities associated with the variable share settlement feature and unamortized discounts is as follows (in thousands): Issuance Date Stated Interest Rate Maturity Date Principal Unamortized Discount Variable Share Settlement Feature at Fair Value Carrying amount Convertible notes JSJ Investments (2) 12/6/2019 10 % 12/6/2020 $ 255 $ (174 ) $ 443 $ 524 Eagle Equities (3) 12/12/2019 12 % 12/12/2020 210 (147 ) 297 360 BHP Capital (4) 12/20/2019 10 % 12/20/2020 125 (85 ) 120 160 GS Capital Partners (5) 1/17/2020 10 % 1/17/2021 150 (120 ) 210 240 EMA Financial, LLC (6) 2/6/2020 10 % 11/6/2020 125 (100 ) 204 229 Adar Alef, LLC (7) 2/10/2020 12 % 2/10/2021 150 (129 ) 220 241 BHP Capital (8) 3/24/2020 10 % 3/24/2020 100 (95 ) 99 104 Jefferson Street Capital, LLC (9) 3/24/2020 10 % 3/24/2020 100 (95 ) 99 104 Balance at March 31, 2020 $ 1,215 $ (945 ) $ 1,692 $ 1,962 Issuance Stated Maturity Principal Unamortized Variable Carrying Convertible notes Adar Bays – Alef (1) 7/30/2019 10 % 7/30/2020 275 (159 ) 379 495 JSJ Investments (2) 12/06/2019 10 % 12/6/2020 255 (238 ) 422 439 Eagle Equities (3) 12/12/2019 12 % 12/12/2020 210 (199 ) 285 296 BHP Capital (4) 12/20/2019 10 % 12/20/2020 125 (114 ) 117 128 Balance at December 31, 2019 $ 865 $ (710 ) $ 1,203 $ 1,358 The derivative liability results from the variable share settlement provision featured within the convertible notes issued by the Company. The fair value of the derivative liabilities was estimated using a Binomial Lattice model on the dates that the notes were issued and were subsequently revalued at March 31, 2020 and December 31, 2019, using the Monte Carlo simulation model with the following weighted average assumptions: March 31, 2020 December 31, 2019 Stock Price $ 7.74 – 9.45 $ 8.91 – 10.15 Risk Free Interest Rate 0.12 – 1.56 % 1.52 - 1.60 % Expected life (years) 0.33 – 1.00 0.58 – 1.00 Expected dividend yield 0 % 0 % Expected volatility 91.3 – 134.0 % 90.0 – 95.3 % Fair Value – Note Variable Share Settlement Feature (in thousands) $ 1,692 $ 1,203 (1) On July 30, 2019, the Company issued a convertible promissory note to Adar Alef, LLC in the amount of $275,000. The note accrues interest at a rate of 12% per annum and matures on July 30, 2020. The note is not convertible until the six month anniversary of the note, at which time if the note has not already been repaid by the Company, the note holder shall be entitled to convert all or part of the note into shares of the Company’s common stock, at a price per share equal to 53% of the lowest trading price of the common stock for the twenty prior trading days upon which the conversion notice is received by the Company. On January 20, 2020, the Company repaid the principal balance of $275,000 and accrued interest of approximately $16,000. (2) On December 6, 2019, the Company issued a convertible promissory note to JSJ Investments with a principal balance of $255,000. The Company received net proceeds of $250,000. The note matures on December 6, 2020 and bears interest at 10% per annum. The Company may prepay this note and unpaid interest on or prior to July 3, 2020. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 47% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. (3) On December 12, 2019, the Company issued a convertible promissory note to Eagle Equities, LLC with a principal balance of $210,000. The Company received net proceeds of $200,000. The note matures on December 12, 2020 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock, at any time after the six month anniversary of the note, at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. (4) On December 20, 2019, the Company issued a convertible promissory note to BHP Capital NY Inc. with a principal balance of $125,000. The Company received net proceeds of $122,500. The note matures on December 20, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. In connection with the promissory note, the Company issued 5,000 shares of its restricted common stock with a fair value of approximately $47,000. The Company will have the option to buy back the shares 180 days from the issue date, for a one-time payment of $8.00 per share. (5) On January 17, 2020, the Company issued a convertible promissory note to GS Capital Partners, LLC. with a principal balance of $150,000. The note matures on January 17, 2021 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. (6) On February 6, 2020, the Company issued a convertible promissory note to EMA Financial, LLC. with a principal balance of $125,000. The note matures on November 6, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock equal to the lower of (i) the lowest closing price of the common stock during the preceding twenty (20) day trading period ending on the latest trading day prior to the note issuance date or (ii) at a rate of 50% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. (7) On February 10, 2020, the Company issued a convertible promissory note to Adar Alef, LLC. with a principal balance of $150,000. The note matures on February 10, 2021 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. (8) On March 24, 2020, the Company issued a convertible promissory note to BHP Capital NY Inc. with a principal balance of $100,000. The note matures on demand and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. (9) On March 24, 2020, the Company issued a convertible promissory note to Jefferson Street Capital, LLC. with a principal balance of $100,000. The note matures on demand and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. On January 29, 2020, the Company issued a convertible promissory note to Auctus Fund, LLC. with a principal balance of $275,000. The note matures on November 29, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty five (25) day trading period ending on the latest complete trading day prior to the conversion date. On March 19, 2020, the Company repaid the principal balance and interest of approximately $4,000.

Temporary Equity

Temporary Equity	3 Months Ended
	Mar. 31, 2020
Temporary Equity [Abstract]
Temporary Equity	Note 11 – Temporary Equity Series D Convertible Preferred Stock On March 6, 2020, the Company (i) entered into a stock purchase agreement to issue 203,000 shares of its Series D Preferred Stock, for proceeds of $203,000 and (ii) redeemed the 203,000 shares of Series D Preferred Stock previously issued on September 6, 2019. As a result, the total number of shares of Series D Preferred Stock outstanding as of March 31, 2020 was 456,000 (see Note 16). The following table summarizes the Company’s Series D Preferred Stock activities for the three months ended March 31, 2020 (dollars in thousands): Series D Preferred Stock Shares Amount Total temporary equity as of December 31, 2019 461,839 $ 462 Issuance of Series D convertible preferred stock for cash 203,000 203 Offering cost related to issuance of Series D convertible preferred stock - (3 ) Deemed dividends related to immediate accretion of offering cost - 3 Accrued Series D preferred stock dividends 8,868 9 Bifurcated redemption feature of Series D convertible preferred stock - (171 ) Deemed dividends related to immediate accretion of bifurcated redemption feature of Series D convertible preferred stock - 171 Redemption of Series D preferred stock (including accrued dividends) (210,831 ) (211 ) Total temporary equity as of March 31, 2020 462,876 $ 463 The redemption of the 203,000 shares of Series D Preferred Stock (previously issued on September 6, 2020) on March 6, 2020 occurred as follows (amounts in thousands except share and per share values): Series D preferred stock issued 203,000 Per share value $ 1.00 $ 203 Accrued dividends $ 8 $ 211 Redemption percentage $ 1.29 Total $ 272 Holders of shares of the Series D Preferred Stock are entitled to receive, cumulative cash dividends at the rate of 8% on $1.00 per share of the Series D Preferred Stock per annum (equivalent to $0.08 per annum per share), subject to adjustment. The dividends are payable solely upon redemption, liquidation or conversion. The Company recorded approximately $9,000 accrued dividend as of March 31, 2020. The Series D Preferred Stock is being classified as temporary equity because it has redemption features that are outside of the Company’s control upon certain triggering events, such as a Market Event. A “Market Event” is defined as any trading day during the period which shares of the Series D Preferred Stock are issued and outstanding, where the trading price for such date is less than $0.35. In the event of a Market Event, the Series D Preferred Stock shall be subject to mandatory redemption and the stated value shall immediately be increased to $1.29 per share of Series D Preferred Stock. The Market Event is considered to be outside the control of the Company, resulting in classification of the Series D Preferred Stock as temporary equity. The initial discounted carrying value resulted in recognition of a bifurcated redemption feature of $171,000, further reducing the initial carrying value of the shares of Series D Preferred Stock. The discount to the aggregate stated value of the shares of Series A Convertible Preferred Stock, resulting from recognition of the bifurcated redemption feature was immediately accreted as a reduction of additional paid-in capital and an increase in the carrying value of the Series D Shares. The accretion is presented in the condensed consolidated statement of operations as a deemed dividend, increasing net loss to arrive at net loss attributable to common stockholders.

Stockholders' Equity _ (Deficit

Stockholders' Equity / (Deficit)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Stockholders' Equity / (Deficit)	Note 12 – Stockholders’ Equity / (Deficit) Preferred Stock Designations On March 20, 2020, FaceBank amended its Articles of Incorporation to withdraw, cancel and terminate the previously-filed (i) Certificate of Designation of with respect to 5,000,000 shares of its Series A Preferred Stock, par value $0.0001 per share, (ii) Certificate of Designation with respect to 1,000,000 shares of its Series B Preferred Stock, par value $0.0001 per share, (iii) Certificate of Designation with respect to 41,000,000 shares of its Series C Preferred Stock, par value $0.0001 per share and (iv) Certificate of Designation with respect to 1,000,000 shares of its Series X Preferred Stock, par value $0.0001 per share. Upon the withdrawal, cancelation and termination of such designations, all shares previously designated as Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series X Preferred Stock were returned to the status of authorized but undesignated shares of FaceBank’s Preferred Stock, par value $0.0001 per share. On March 20, 2020, in connection with the Merger, FaceBank filed an amendment to its Articles of Incorporation to designate 35,800,000 of its authorized preferred stock as “Series AA Convertible Preferred Stock” pursuant to a Certificate of Designation of Series AA Convertible Preferred Stock (the “Series AA Preferred Stock Certificate of Designation”). The Series AA Convertible Preferred Stock (the “Series AA Preferred Stock”) has no liquidation preference. The Series AA Preferred Stock is entitled to receive dividends and other distributions as and when paid on the Common Stock on an as converted basis. Each share of Series AA Preferred Stock is initially convertible into two shares of Common Stock, subject to adjustment as provided in the Series AA Preferred Stock Certificate of Designation and shall only be convertible immediately following the sale of such shares on an arms’-length basis either pursuant to an exemption from registration under Rule 144 promulgated under the Securities Act or pursuant to an effective registration statement under the Securities Act. Each share of Series AA Preferred Stock shall have 0.8 votes per share (the “Voting Rate”) on any matter submitted to the holders of the Common Stock for a vote and shall vote together with the Common Stock on such matters for as long as the Series AA Preferred Stock is outstanding. The Voting Rate shall be subject to adjustment in the event of stock splits, stock combinations, recapitalizations reclassifications, extraordinary distributions and similar events. Common Stock Activity Issuance of Common Stock for Cash The Company raised approximately $2.3 million through issuances of an aggregate of 795,593 shares of its common stock in private placement transactions during the three months ended March 31, 2020 to investors. Issuance of Common Stock Related to PEC Acquisition During the three-months ended March 31, 2020, the Company issued 1,552,070 shares of its common stock in exchange for 3,727,080 shares of its subsidiary PEC. The interests exchange in PEC were previously recorded within noncontrolling interests and the transaction was accounted for as a reduction of $1.1 million of noncontrolling interests for the carrying value of those noncontrolling interests at the date of exchange with an offsetting increase in Additional paid-in capital. Issuance of Common Stock for Services Rendered On January 1, 2020, the Company entered into the first amendment to a joint business development agreement and issued 200,000 shares of its restricted common stock with a fair value of $1.8 million in exchange for business development services. During the three months ended March 31, 2020, the Company issued 275,000 shares of its common stock with a fair value of $2.3 million in exchange for consulting services. During the three months ended March 31, 2020, the Company issued 62,500 shares of its common stock with a fair value of approximately $0.6 million in exchange for services rendered in connection with the Company’s amended Digital Likeness Development Agreement by and among Floyd Mayweather, the Company and FaceBank, Inc., effective as of July 31, 2019, as amended (the “Mayweather Agreement”). During the three months ended March 31, 2020, the Company issued 2,500 shares of its common stock with a fair value of $26,000 in exchange for consulting services. Issuance of Common Stock for Employee Compensation On February 20, 2020, the Company issued 300,000 shares of its common stock to an officer of the Company at a fair value of $2.7 million, or $9.00 per share. During the three months ended March 31, 2020, the Company issued 200,000 shares of its common stock with a fair value of $1.6 million as compensation to service providers for services rendered. Issuance of Common Stock in Connection with Convertible Notes During the three months ended March 31, 2020, the Company issued 7,500 shares of its common stock with a fair value of approximately $0.1 million in connection with the issuance of convertible notes. Equity Compensation Plan Information The Company’s 2014 Equity Incentive Stock Plan (the “2014 Plan”) provides for the issuance of up to 166,667 incentive stock options and nonqualified stock options to the Company’s employees, officers, directors, and certain consultants. The 2014 Plan is administered by the Company’s Board and has a term of 10 years. Contemporaneous with the closing of the Merger, the Company assumed 8,051,098 stock options issued and outstanding under the fuboTV Inc. 2015 Equity Incentive Plan (the “2015 Plan”) with a weighted-average exercise price of $1.32 per share. From an after the Effective Time, such options may be exercised for shares of our common stock under the terms of the 2015 Plan. On April 1, 2020, the Company approved the establishment of the FaceBank 2020 Equity Incentive Plan. The Company created an incentive option pool of 12,116,646 shares of FaceBank Common Stock under the Plan. On May 21, 2020, we established our Outside Director Compensation Policy to set forth guidelines for the compensation of our non-employee directors for their service on our Board of Directors. Options The fair value of the Company’s common stock was based upon the publicly quoted price on the date that the final approval of the awards was obtained. The Company does not expect to pay dividends in the foreseeable future so therefore the expected dividend yield is 0%. The expected term for stock options granted with service conditions represents the average period the stock options are expected to remain outstanding and is based on 10 years. The Company obtained the risk-free interest rate from publicly available data published by the Federal Reserve. The Company uses a methodology in estimating its volatility percentage from a computation that was based on a comparison of average volatility rates of similar companies to a computation based on the standard deviation of the Company’s own underlying stock price’s daily logarithmic returns. During the three months ended March 31, 2020, 280,000 options were granted outside of the Plan, and there were no options granted during the three months ended March 31, 2019. The following reflects the stock option activity for the three months ended March 31, 2020: Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2019 16,667 $ 28.20 $ - 8.1 Granted 280,000 $ 7.20 $ 322,000 4.7 Outstanding as of March 31, 2020 296,667 $ 8.38 $ 322,000 4.9 Options vested and exercisable as of March 31, 2020 296,667 $ 8.38 $ 322,000 4.9 During the three months ended March 31, 2020, in connection with the Mayweather Agreement, the Company granted options to purchase 280,000 shares of the Company’s common stock at an exercise price of $7.20 per share. This option has a fair value of $1,031,000, a five-year term and expires on December 21, 2024. As of March 31, 2020, there was no unrecognized stock-based compensation expense. Warrants A summary of the Company’s outstanding warrants as of March 31, 2020 are presented below: Number of Warrants Weighted Average Total Intrinsic Value Outstanding as of December 31, 2019 200,007 $ 12.15 $ - Issued 3,411,349 $ 5.11 $ 11,038,616 Expired (200,000 ) $ - $ - Outstanding as of March 31, 2020 3,411,356 $ 5.16 $ 11,038,616 Warrants exercisable as of March 31, 2020 3,411,356 $ 5.16 $ 11,038,616 On March 19, 2020, in connection with its Note Purchase Agreement (see Note 8), the Company issued the FB Loan Warrant, a warrant to purchase 3,269,231 shares of its common stock with a fair value of $15.6 million. On March 30, 2020, the Company issued 142,118 warrants in connection with a $1.1 million convertible note. The exercise price is $7.74 with a 5-year term. The Company received the proceeds from the convertible note on April 1, 2020 and will therefore record the balance sheet impact of this warrant and convertible note on April 1, 2020.

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	Note 13 – Leases On February 14, 2019, the Company entered into a lease for offices in Jupiter, Florida. The lease has an initial term of 18 months commencing March 1, 2019 until August 31, 2020 with a base annual rent of $89,437. The Company has an option to extend the lease for another year until August 31, 2021 for an annual rent of $94,884 and a second option for a further annual extension until August 31, 2022 for an annual rent of $97,730. The Company recorded the lease obligations in accordance with ASC 842. As part of the acquisition of Nexway on September 19, 2019, the Company recognized right of use assets of $3.6 million and lease liabilities of $3.6 million associated with operating lease obtained in the acquisition. At March 31, 2020, the Company deconsolidated its investment in Nexway and accordingly, reduced its operating lease liabilities and right of use assets to zero. The following summarizes quantitative information about the Company’s Florida operating lease (amounts in thousands, except lease term and discount rate): For the Three Months Ended March 31, 2020 Operating leases Operating lease cost $ 98 Variable lease cost 73 Operating lease expense 171 Short-term lease rent expense - Total rent expense $ 171 Operating cash flows from operating leases $ 75 Right-of-use assets exchanged for operating lease liabilities $ 125 Weighted-average remaining lease term – operating leases 0.4 Weighted-average monthly discount rate – operating leases 0.8 % The Company’s operating lease expires on August 31, 2020 and the remaining liability totals $37,000. The Company has decided not to extend the lease.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14 – Commitments and Contingencies Litigation The Company may be involved in certain legal proceedings that arise from time to time in the ordinary course of its business. Legal expenses associated with any contingency are expensed as incurred. In connection with closed litigation on two separate matters that resulted in judgments against PEC, a majority interest of which was subsequently purchased by the Company, we have accrued $524,000 which remains on the balance sheet as a liability at March 31, 2020 and December 31, 2019. The Company, on behalf of its subsidiary, is in settlement discussions with the parties. On August 27, 2018 plaintiff, Scott Meide, filed a pro se (unrepresented by counsel) complaint in the United States District Court for the Middle District of Florida, Jacksonville Division, against PEC, now a subsidiary of the Company, naming its former officers among others as defendants. The Company’s position is that the pro se Complaint is defamatory, without merit in fact or law and represents an extortive attempt to coerce payment under threat of reputational harm. The Company’s subsidiaries and affiliates filed a motion to dismiss on September 25, 2018. On July 24, 2019, all counts of the complaint were dismissed in favor of the Company’s subsidiaries and affiliates. Mr. Meide was afforded the opportunity to file an amended complaint for a portion of his claims, and such amendment was filed on September 24, 2019. On October 6, 2019, Judge Marcia Morales Howard ordered Mr. Meide’s amended complaint stricken, describing the filing as insufficient and having failed to identify facts necessary to support its allegations, and offering Mr. Meide “one final opportunity to properly state his claims” with an amended complaint. Mr. Meide’s third attempt to submit a sufficient complaint was filed on November 1, 2019. The Company’s subsidiaries and affiliates plan to reaffirm their motions to dismiss and the Company believes Mr. Meide’s final amended complaint will also be dismissed. The Company plans to the ask the court for an award of sanctions and attorney fees in connection with Mr. Meide’s filing of a frivolous lawsuit.

Acquisition of fuboTV

Acquisition of fuboTV	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Acquisition of fuboTV	Note 15 – Acquisition of fuboTV As described in Note 1, on April 1, 2020, we consummated the acquisition of Pre-Merger fuboTV by the merger of Merger Sub into fuboTV, whereby fuboTV continued as the surviving corporation and became a wholly-owned subsidiary of FaceBank pursuant to the terms of the Merger Agreement. In accordance with the terms of the Merger Agreement, all of the capital stock of fuboTV was converted into the right to receive 34,324,362 shares Series AA Preferred Stock, a newly-created class of stock. Pursuant to the Series AA Certificate of Designation, each share of Series AA Preferred Stock is convertible into two (2) shares of FaceBank’s common stock. In addition, each outstanding option to purchase shares of common stock of fuboTV was assumed by FaceBank and converted into an option to acquire FaceBank’s common stock. In addition, in accordance with the terms of the Merger Agreement, at the Effective Time the Company assumed 8,051,098 stock options issued and outstanding under the fuboTV Inc. 2015 Equity Incentive Plan (the “2015 Plan”) with a weighted-average exercise price of $1.32 per share. From and after the Effective Time, such options may be exercised for shares of FaceBank’s common stock under the terms of the 2015 Plan. The preliminary purchase price amounted to $596.1 million which represents the $529.7 market value ($8.20 per share as of April 1, 2020) of 64.6 million common shares plus the $66.4 million value of 8.1 million stock options on an as-converted basis. This preliminary purchase price excludes transaction costs. The Company will account for the Merger as a business combination under the acquisition method of accounting. As such, the purchase price will be allocated to the net assets acquired, inclusive of intangible assets, with any excess fair value recorded to goodwill. Since the closing date of the acquisition occurred subsequent to the end of the reporting period, the allocation of purchase price to the underlying net assets has not yet been completed. The Company will reflect the preliminary purchase price allocation in its consolidated financial statements for the year ending December 31, 2020.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 16 – Subsequent Events Refer to Note 8 to the Unaudited Condensed Consolidated Financial Statements for a description of the amendments to the Note Purchase Agreement since March 31, 2020. Redemption of Series D Preferred Stock On June 16, 2020, the Company redeemed 253,000 shares of its Series D Preferred Stock in exchange for $339,174. As of July 2, 2020, the total number of shares of Series D Preferred Stock outstanding was 203,000. Issuance of Securities in Private Placements Certain of the common stock issuances noted below remain issuable as of the date of the filing of this Quarterly Report. Issuance of Common Stock and Warrants for Cash Between May 11, 2020 and June 8, 2020, the Company entered into Purchase Agreements with certain investors (the “Investors”), pursuant to which the Company sold an aggregate of 3,735,922 shares (the “Purchased Shares”) of the Company’s common stock at a purchase price of $7.00 per share and issued warrants to the Investors covering a total of 3,735,922 shares of the Company’s common stock (the “Warrants”) for an aggregate purchase price of $26,151,454. On July 2, 2020, the Company entered into a Purchase Agreement with Credit Suisse Capital LLC, pursuant to which the Company sold 2,162,163 shares (the “CS Shares” and together with the Purchased Shares, the “Total Shares”) of the Company’s common stock at a purchase price of $9.25 per share for an aggregate purchase price of $20,000,007.75. Since March 31, 2020, the Company raised an additional $403,895.00 through issuances of an aggregate of 111,459 shares of its common stock in private placement transactions to several other investors. Issuance of Common Stock Related to PEC Acquisition Since March 31, 2020, the Company has issued 1,201,749 shares of its common stock in exchange for 14,222,975 shares of its subsidiary PEC. Issuance of Convertible Notes and Related Warrants for Cash Since March 31, 2020, the Company issued convertible notes with a principal balance of approximately $2.1 million. In connection with such notes, the Company issued (i) 55,000 shares of its common stock and (ii) warrants to purchase an aggregate of 55,172 shares of its common stock at an initial exercise price of $9.00 per share. Issuance of Warrant for Services Rendered On May 25, 2020, the Company issued to ARETE Wealth Management a warrant to purchase 275,000 shares of the Company’s common stock with an initial exercise price of $5.00 per share. Stock Option Grants to Executive Officers On June 8, 2020, the Company granted an options to purchase 850,000 shares of its common stock at an exercise price of $10.435 per share in connection with an employment agreement for the Company’s Chief Financial Officer. On June 28, 2020, the Company granted an option to purchase 1,203,297 shares of common stock at an exercise price of $11.15 per share in connection with a Letter Agreement by and between the Company and its Executive Chairman.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts, as of March 31, 2020, of the Company and its 99.7%-owned operating subsidiary EAI, which, until the Merger, was the Company’s principal operating subsidiary; inactive subsidiaries York Production LLC and York Production II LLC; wholly-owned subsidiaries Facebank AG, StockAccess Holdings SAS (“SAH”) and FBNK Finance Sarl (“FBNK Finance”); its 70.0% ownership in Highlight Finance Corp. (“HFC”); and its 76% ownership in Pulse Evolution Corporation (“PEC”). All significant inter-company balances and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities and Exchange Commission (the “Commission”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments (except for the Nexway deconsolidation), considered necessary for a fair presentation of such interim results. The results for the unaudited condensed consolidated statement of operations are not necessarily indicative of results to be expected for the year ending December 31, 2020 or for any future interim period. The unaudited condensed consolidated balance sheet at December 31, 2019 has been derived from the audited financial statements; however, it does not include all of the information and notes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2019 and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC on May 29, 2020.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The significant estimates and assumptions include allocating the fair value of purchase consideration issued in business acquisitions, useful lives of intangible assets, analysis of impairments of recorded intangible assets, accruals for potential liabilities, assumptions made in valuing derivative liabilities and assumptions made when estimating the fair value of equity instruments issued in share-based payment arrangements and fair value of equity method investees.
Loss Per Share	Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per . The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: March 31, March 31, 2020 2019 Common stock purchase warrants 200,007 200,007 Series D Preferred Stock shares 456,000 - Stock options 16,667 16,667 Convertible notes variable settlement feature 311,111 577,503 Total 983,785 794,177
Deferred Tax Liability	Deferred Tax Liability The following is a rollforward of the Company’s deferred tax liability from January 1, 2020 to March 31, 2020 (in thousands): March 31, 2020 Beginning balance $ 30,879 Income tax benefit (associated with the amortization of intangible assets) (1,038 ) Deconsolidation of Nexway (1,162 ) Ending balance $ 28,679
Recently Issued Accounting Standards	Recently Issued Accounting Standards In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The amendments in ASU 2018-13 modify the disclosure requirements on fair value measurements based on the concepts in the Concepts Statement, including the consideration of costs and benefits. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The amendments are effective for all entities for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating ASU 2018-13 and its impact on its condensed consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company is currently evaluating the impact of this standard on its condensed consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: March 31, March 31, 2020 2019 Common stock purchase warrants 200,007 200,007 Series D Preferred Stock shares 456,000 - Stock options 16,667 16,667 Convertible notes variable settlement feature 311,111 577,503 Total 983,785 794,177
Schedule of Deferred Tax Liability	The following is a rollforward of the Company’s deferred tax liability from January 1, 2020 to March 31, 2020 (in thousands): March 31, 2020 Beginning balance $ 30,879 Income tax benefit (associated with the amortization of intangible assets) (1,038 ) Deconsolidation of Nexway (1,162 ) Ending balance $ 28,679

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2020
Investments, All Other Investments [Abstract]
Schedule of Fair Value of Investment	As of March 31, 2020, the fair value of the Nexway shares owned by the Company is approximately $2.4 million, calculated as follows (dollars in thousands, except per share value): Price per share Euros € 5.28 Exchange rate 1.1032 Price per share USD $ 5.82 Nexway shares held by the Company 407,550 Fair value - investment in Nexway $ 2,374
Schedule of Deconsolidation of Nexway	The deconsolidation of Nexway resulted in a gain of approximately $39.2 million calculated as follows: Cash $ 5,776 Accounts receivable 9,831 Inventory 50 Prepaid expenses 164 Property and equipment, net 380 Right-of-use assets 3,594 Total assets $ 19,795 Less: Accounts payable 34,262 Accrued expenses 15,788 Lease liability 3,594 Deferred income taxes 1,161 Other liabilities 40 Total liabilities $ 54,845 Non-controlling interest 2,595 Foreign currency translation adjustment (770 ) Net deficit (36,875 ) Less: fair value of shares owned by Facebank 2,374 Gain on deconsolidation of Nexway $ 39,249
Schedule of Profits Interest	The table below summarizes the Company’s profits interest at March 31, 2020 and December 31, 2019 (in thousands except for unit and per unit information): Panda units granted 26.2 Fair value per unit on grant date $ 67,690 Grant date fair value $ 1,773 Change in fair value of Panda interests $ 198 Fair value at December 31, 2019 $ 1,971 Change in fair value of Panda interests - Fair value at March 31, 2020 $ 1,971

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The table below summarizes the Company’s intangible assets at March 31, 2020 (in thousands): Useful Weighted Average March 31, 2020 Lives (Years) Remaining Life (Years) Intangible Assets Accumulated Amortization Net Balance Human animation technologies 7 6 $ 123,436 (29,054 ) $ 94,382 Trademark and trade names 7 6 7,746 (1,826 ) 5,920 Animation and visual effects technologies 7 6 6,016 (1,418 ) 4,598 Digital asset library 5-7 5.5 7,536 (1,610 ) 5,926 Intellectual Property 7 6 828 (195 ) 633 Total $ 145,562 $ (34,103 ) $ 111,459
Schedule of Intangible Assets Amortization Expense	The estimated future amortization expense associated with intangible assets is as follows (in thousands): Future Amortization 2020 $ 15,652 2021 20,868 2022 20,868 2023 20,868 2024 20,795 Thereafter 12,408 Total $ 111,459

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses as of March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, December 31, 2020 2019 Suppliers $ - $ 37,508 Payroll taxes (in arrears) 1,308 1,308 Accrued compensation 2,124 3,649 Legal and professional fees 1,797 3,936 Accrued litigation loss 524 524 Taxes - 5,953 Other 1,990 3,897 Total $ 7,743 $ 56,775

Related Parties (Tables)

Related Parties (Tables)	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Schedule of Amount Owed to Related Parties	Amounts owed to and due from related parties as of March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, December 31, 2020 2019 Alexander Bafer, former Executive Chairman $ 20 $ 20 John Textor, former Chief Executive Officer and affiliated companies 292 592 Other (7 ) 53 Total $ 305 $ 665

Notes Payable (Tables)

Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Payable [Abstract]
Schedule of Carrying Value of Senior Notes	The carrying value of the Senior Notes as of March 31, 2020 is comprised of the following: March 31, 2020 Principal value of Senior Note $ 10,050 Original issue discount (2,650 ) Discount resulting from allocation of proceeds to warrant liability (7,400 ) Amortization of discount 1,005 Net carrying value of Senior Note $ 1,005

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis	Fair valued measured at March 31, 2020 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial Assets at Fair Value: Investment in Equity/Debt Funds $ - $ 1,965 $ - Investment in Nexway at fair value 2,374 - - Total Financial Assets at Fair Value $ 2,374 $ 1,965 $ - Financial Liabilities at Fair Value: Derivative liability - convertible notes $ - $ - $ 1,692 Profits interest sold - - 1,971 Embedded put option - - 389 Warrant liability - Subsidiary - - 39 Warrant liability - - 15,987 Total Financial Liabilities at Fair Value $ - $ - $ 20,078 Fair Value measured at December 31, 2019 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Derivative liability – convertible notes $ - $ - $ 1,203 Profits interest - - 1,971 Embedded put option - - 376 Warrant Liability - Subsidiary - - 24 Total Financial Liabilities at Fair Value $ - $ - $ 3,574
Schedule of Liability for Derivatives and Warrants	The following table presents changes in Level 3 liabilities measured at fair value (in thousands) for the year ended December 31, 2019. Unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. Derivative - Convertible Notes Warrants (assumed from subsidiary) Profits Interests Sold Warrant Liability Embedded Put Option Fair value at December 31, 2019 $ 1,203 $ 24 $ 1,971 $ - $ 376 Change in fair value (200 ) 15 - 366 (97 ) Additions 689 - - 15,621 172 Redemption - - - - (62 ) Fair value at March 31, 2020 $ 1,692 $ 39 $ 1,971 $ 15,987 $ 389
Schedule of Warrant Liabilities, Change in Using Black Scholes to Monte Carlo Simulation Assumptions	The significant assumptions used in the valuation are as follows: March 31, 2020 Fair value of underlying common shares $ 4.78 - 4.97 Exercise price $ 5.00 Dividend yield - % Historical volatility 52.6% - 52.8 % Risk free interest rate 0.14% – 0.66 %
Schedule of Fair Value of Liability Using Monte Carlo Simulation Model	The Company determined the fair value of this liability using the Monte Carlo simulation model with the following inputs: March 31, 2020 December 31, 2019 Stock price $ 8.35 – $9.20 $ 8.91 – $9.03 Fixed conversion price $ 0.25 $ 0.25 Risk free rate 0.2 – 0.4 % 1.6 % Contractual term (years) 1.2 – 1.5 1.2 – 1.5 Expected dividend yield 8.0 % 8.0 % Expected volatility 87.2% - 94.8 % 89.2% - 90.4 %
Subsidiary Warrant Liability [Member]
Schedule of Warrant Liabilities, Change in Using Black Scholes to Monte Carlo Simulation Assumptions	The Company used a Monte Carlo simulation model to estimate the fair value of the warrant liability with the following assumptions at March 31, 2020 and December 31, 2019: March 31, 2020 December 31, 2019 Exercise price $ 0.75 $ 0.75 Stock price – subsidiary $ 0.03 $ 0.02 Discount applied 0 % 0 % Fair value of stock price $ 0.00 $ 0.00 Risk free rate 0.28 % 1.62 % Contractual term (years) 2.83 3.08 Expected dividend yield 0 % 0 % Expected volatility 83.7 % 83.7 % Number of subsidiary warrants outstanding 48,904,037 48,904,037

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Convertible Notes Payable	At March 31, 2020 and December 31, 2019, the carrying amounts of the convertible notes including the remaining principal balance plus the fair value of the derivative liabilities associated with the variable share settlement feature and unamortized discounts is as follows (in thousands): Issuance Date Stated Interest Rate Maturity Date Principal Unamortized Discount Variable Share Settlement Feature at Fair Value Carrying amount Convertible notes JSJ Investments (2) 12/6/2019 10 % 12/6/2020 $ 255 $ (174 ) $ 443 $ 524 Eagle Equities (3) 12/12/2019 12 % 12/12/2020 210 (147 ) 297 360 BHP Capital (4) 12/20/2019 10 % 12/20/2020 125 (85 ) 120 160 GS Capital Partners (5) 1/17/2020 10 % 1/17/2021 150 (120 ) 210 240 EMA Financial, LLC (6) 2/6/2020 10 % 11/6/2020 125 (100 ) 204 229 Adar Alef, LLC (7) 2/10/2020 12 % 2/10/2021 150 (129 ) 220 241 BHP Capital (8) 3/24/2020 10 % 3/24/2020 100 (95 ) 99 104 Jefferson Street Capital, LLC (9) 3/24/2020 10 % 3/24/2020 100 (95 ) 99 104 Balance at March 31, 2020 $ 1,215 $ (945 ) $ 1,692 $ 1,962 Issuance Stated Maturity Principal Unamortized Variable Carrying Convertible notes Adar Bays – Alef (1) 7/30/2019 10 % 7/30/2020 275 (159 ) 379 495 JSJ Investments (2) 12/06/2019 10 % 12/6/2020 255 (238 ) 422 439 Eagle Equities (3) 12/12/2019 12 % 12/12/2020 210 (199 ) 285 296 BHP Capital (4) 12/20/2019 10 % 12/20/2020 125 (114 ) 117 128 Balance at December 31, 2019 $ 865 $ (710 ) $ 1,203 $ 1,358
Schedule of Derivative Liabilities Valuation Using Binomial Lattice Model Assumptions	The fair value of the derivative liabilities was estimated using a Binomial Lattice model on the dates that the notes were issued and were subsequently revalued at March 31, 2020 and December 31, 2019, using the Monte Carlo simulation model with the following weighted average assumptions: March 31, 2020 December 31, 2019 Stock Price $ 7.74 – 9.45 $ 8.91 – 10.15 Risk Free Interest Rate 0.12 – 1.56 % 1.52 - 1.60 % Expected life (years) 0.33 – 1.00 0.58 – 1.00 Expected dividend yield 0 % 0 % Expected volatility 91.3 – 134.0 % 90.0 – 95.3 % Fair Value – Note Variable Share Settlement Feature (in thousands) $ 1,692 $ 1,203

Temporary Equity (Tables)

Temporary Equity (Tables)	3 Months Ended
	Mar. 31, 2020
Temporary Equity [Abstract]
Schedule of Temporary Equity	The following table summarizes the Company’s Series D Preferred Stock activities for the three months ended March 31, 2020 (dollars in thousands): Series D Preferred Stock Shares Amount Total temporary equity as of December 31, 2019 461,839 $ 462 Issuance of Series D convertible preferred stock for cash 203,000 203 Offering cost related to issuance of Series D convertible preferred stock - (3 ) Deemed dividends related to immediate accretion of offering cost - 3 Accrued Series D preferred stock dividends 8,868 9 Bifurcated redemption feature of Series D convertible preferred stock - (171 ) Deemed dividends related to immediate accretion of bifurcated redemption feature of Series D convertible preferred stock - 171 Redemption of Series D preferred stock (including accrued dividends) (210,831 ) (211 ) Total temporary equity as of March 31, 2020 462,876 $ 463
Schedule of Redemption of Preferred Stock Issued	The redemption of the 203,000 shares of Series D Preferred Stock (previously issued on September 6, 2020) on March 6, 2020 occurred as follows (amounts in thousands except share and per share values): Series D preferred stock issued 203,000 Per share value $ 1.00 $ 203 Accrued dividends $ 8 $ 211 Redemption percentage $ 1.29 Total $ 272

Stockholders' Equity _ (Defic_2

Stockholders' Equity / (Deficit) (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Schedule of Stock Option Activity	The following reflects the stock option activity for the three months ended March 31, 2020: Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2019 16,667 $ 28.20 $ - 8.1 Granted 280,000 $ 7.20 $ 322,000 4.7 Outstanding as of March 31, 2020 296,667 $ 8.38 $ 322,000 4.9 Options vested and exercisable as of March 31, 2020 296,667 $ 8.38 $ 322,000 4.9
Summary of Outstanding Warrants Activity	A summary of the Company’s outstanding warrants as of March 31, 2020 are presented below: Number of Warrants Weighted Average Total Intrinsic Value Outstanding as of December 31, 2019 200,007 $ 12.15 $ - Issued 3,411,349 $ 5.11 $ 11,038,616 Expired (200,000 ) $ - $ - Outstanding as of March 31, 2020 3,411,356 $ 5.16 $ 11,038,616 Warrants exercisable as of March 31, 2020 3,411,356 $ 5.16 $ 11,038,616

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Schedule of Operating Leases	The following summarizes quantitative information about the Company’s Florida operating lease (amounts in thousands, except lease term and discount rate): For the Three Months Ended March 31, 2020 Operating leases Operating lease cost $ 98 Variable lease cost 73 Operating lease expense 171 Short-term lease rent expense - Total rent expense $ 171
Schedule of Supplemental Cash Flow and Other Information Related to Leases	Operating cash flows from operating leases $ 75 Right-of-use assets exchanged for operating lease liabilities $ 125 Weighted-average remaining lease term – operating leases 0.4 Weighted-average monthly discount rate – operating leases 0.8 %

Organization and Nature of Bu_2

Organization and Nature of Business (Details Narrative) - USD ($)	Mar. 20, 2020	Mar. 19, 2020	Mar. 31, 2020	Mar. 11, 2020	Dec. 31, 2019	Apr. 06, 2018
Debt face amount			$ 10,050,000
Original issue discount			2,650,000
Notes payable			$ 3,406,000		$ 36,373,000
Credit Agreement [Member] | HLEE Finance S.a.r.l [Member]
Line of credit facility, maximum borrowing capacity				$ 100,000,000
Note Purchase Agreement [Member] | Senior Secured Promissory Notes [Member]
Debt face amount		$ 10,050,000
Proceeds from notes payable		7,400,000
Original issue discount		$ 2,650,000
AMC Agreement [Member]
Notes payable						$ 24,900,000
Series AA Convertible Preferred Stock [Member]
Preferred stock, par value			$ 0.0001
Preferred stock voting rights	Each share of Series AA Preferred Stock shall have 0.8 votes per share (the Voting Rate") on any matter submitted to the holders of the Common Stock for a vote and shall vote together with the Common Stock on such matters for as long as the Series AA Preferred Stock is outstanding.		Each share of Series AA Preferred Stock is entitled to 0.8 votes per share and is convertible into two (2) shares of our common stock, only in connection with a bona fide transfer to a third party.

Liquidity, Going Concern and _2

Liquidity, Going Concern and Management Plans (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Cash	$ 81		$ 7,624
Working capital deficit	(31,400)
Accumulated deficit	(140,134)		(135,832)
Net loss	$ (4,302)	$ (3,466)
Fubo Tv [Member]
Net loss			$ 173,700

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative)	Mar. 31, 2020
Evolution AI Corporation [Member]
Ownership interest percentage	99.70%
Highlight Finance Corp [Member]
Ownership interest percentage	70.00%
Pulse Evolution Corporation [Member]
Ownership interest percentage	76.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Total	983,785	794,177
Common Stock Purchase Warrants [Member]
Total	200,007	200,007
Series D Convertible Preferred Stock Shares [Member]
Total	456,000
Stock Options [Member]
Total	16,667	16,667
Convertible Notes Variable Settlement Feature [Member]
Total	311,111	577,503

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Deferred Tax Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Accounting Policies [Abstract]
Beginning balance	$ 30,879
Income tax benefit (associated with the amortization of intangible assets)	(1,038)	$ (1,169)
Deconsolidation of Nexway	(1,162)
Ending balance	$ 28,679

Investments (Details Narrative)

Investments (Details Narrative) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 16, 2019
Business acquisition, voting rights interest percentage	37.60%
Panda Interests Finance Agreement [Member]
Fair value of the profits interest	$ 1,700	$ 2,000
Nexway AG [Member]
Equity method investment, ownership percentage			62.30%
Business acquisition, voting rights interest percentage	20.00%
Fair value of shares owned	$ 2,374
Gain in investment	$ 39,249

Investments - Schedule of Fair

Investments - Schedule of Fair Value of Investment (Details) - Mar. 31, 2020 - Nexway AG [Member] $ in Thousands	USD ($)	€ / shares
Exchange rate	1.1032
Fair value - investment in Nexway | $	$ 2,374
EUR [Member]
Price per share | € / shares		€ 5.28

Investments - Schedule of Decon

Investments - Schedule of Deconsolidation of Nexway (Details) - Nexway AG [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Cash	$ 5,776
Accounts receivable	9,831
Inventory	50
Prepaid expenses	164
Property and equipment, net	380
Right-of-use assets	3,594
Total assets	19,795
Accounts payable	34,262
Accrued expenses	15,788
Lease liability	3,594
Deferred income taxes	1,161
Other liabilities	40
Total liabilities	54,845
Non-controlling interest	2,595
Foreign currency translation adjustment	(770)
Net deficit	(36,875)
Less: fair value of shares owned by Facebank	2,374
Gain on deconsolidation of Nexway	$ 39,249

Investments - Schedule of Profi

Investments - Schedule of Profits Interest (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Investments, All Other Investments [Abstract]
Panda units granted		26.2
Fair value per unit on grant date		$ 67,690
Grant date fair value		1,773
Change in fair value of Panda interests		198
Fair value	$ 1,971	$ 1,971

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 5,217	$ 5,153

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Intangible Assets, Gross	$ 145,562
Accumulated Amortization	(34,103)
Intangible Assets, Net Balance	$ 111,459
Human Animation Technologies [Member]
Intangible assets, Useful Lives (Years)	7 years
Intangible assets, Weighted Average Remaining Life (Years)	6 years
Intangible Assets, Gross	$ 7,746
Accumulated Amortization	(1,826)
Intangible Assets, Net Balance	$ 5,920
Trademark and Trade Names [Member]
Intangible assets, Useful Lives (Years)	7 years
Intangible assets, Weighted Average Remaining Life (Years)	6 years
Intangible Assets, Gross	$ 123,436
Accumulated Amortization	(29,054)
Intangible Assets, Net Balance	$ 94,382
Animation and Visual Effects Technologies [Member]
Intangible assets, Useful Lives (Years)	7 years
Intangible assets, Weighted Average Remaining Life (Years)	6 years
Intangible Assets, Gross	$ 6,016
Accumulated Amortization	(1,418)
Intangible Assets, Net Balance	$ 4,598
Digital Asset Library [Member]
Intangible assets, Weighted Average Remaining Life (Years)	5 years 6 months
Intangible Assets, Gross	$ 7,536
Accumulated Amortization	(1,610)
Intangible Assets, Net Balance	$ 5,926
Digital Asset Library [Member] | Minimum [Member]
Intangible assets, Useful Lives (Years)	5 years
Digital Asset Library [Member] | Maximum [Member]
Intangible assets, Useful Lives (Years)	7 years
Intellectual Property [Member]
Intangible assets, Useful Lives (Years)	7 years
Intangible assets, Weighted Average Remaining Life (Years)	6 years
Intangible Assets, Gross	$ 828
Accumulated Amortization	(195)
Intangible Assets, Net Balance	$ 633

Intangible Assets - Schedule _2

Intangible Assets - Schedule of Intangible Assets Amortization Expense (Details) $ in Thousands	Mar. 31, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 15,652
2021	20,868
2022	20,868
2023	20,868
2024	20,795
Thereafter	12,408
Total	$ 111,459

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Suppliers		$ 37,508
Payroll taxes (in arrears)	1,308	1,308
Accrued compensation	2,124	3,649
Legal and professional fees	1,797	3,936
Accrued litigation loss	524	524
Taxes		5,953
Other	1,990	3,897
Total	$ 7,743	$ 56,775

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)	Mar. 31, 2020	Dec. 31, 2019	Aug. 08, 2018
Accrued interest	$ 102,000	$ 85,000
John Textor [Member]
Note payable due to related parties			$ 172,000
Debt interest rate			18.00%

Related Parties - Schedule of A

Related Parties - Schedule of Amount Owed to Related Parties (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Amounts owed to and due from related parties	$ 305	$ 665
Alexander Bafer, Former Executive Chairman [Member]
Amounts owed to and due from related parties	20	20
John Textor, Former Chief Executive Officer and Affiliated Companies [Member]
Amounts owed to and due from related parties	292	592
Other [Member]
Amounts owed to and due from related parties	$ (7)	$ 53

Note Payable (Details Narrative

Note Payable (Details Narrative) $ / shares in Units, € in Thousands	Jul. 06, 2020USD ($)	Jul. 03, 2020USD ($)	May 11, 2020USD ($)	Apr. 21, 2020shares	Mar. 30, 2020USD ($)$ / shares	Mar. 19, 2020USD ($)$ / sharesshares	Mar. 11, 2020USD ($)	Feb. 17, 2020EUR (€)shares	Mar. 31, 2020USD ($)$ / shares	Mar. 31, 2019USD ($)shares	Dec. 31, 2019USD ($)shares
Accrued interest									$ 102,000		$ 85,000
Debt face amount									10,050,000
Loss on extinguishment of debt									39,249,000
Original issue discount									$ 2,650,000
Warrants exercise price per share | $ / shares					$ 7.74				$ 5
Fair value of warrants									$ 15,000	(2,477,000)
Value of common stock shares issued									2,297,000	1,778,000
Loss on issuance of notes, bonds and warrants									$ (24,053,000)
Conversion value of stock into notes payable					$ 1,100,000,000
Subsequent Event [Member] | Senior Notes [Member]
Repayment of notes		$ 10,500,000
Credit Agreement [Member] | Subsequent Event [Member]
Outstanding credit facility
Note Purchase Agreement [Member]
Number of common stock shares issued | shares						900,000
Share issued price per share | $ / shares						$ 8.35			$ 8.35
Value of common stock shares issued						$ 7,500,000
Conversion value of stock into notes payable									$ 200,000
Note Purchase Agreement [Member] | Senior Secured Promissory Notes [Member]
Interest rate						17.39%
Debt instrument, maturity date						Jul. 17, 2020
Debt face amount						$ 10,050,000
Proceeds from notes pyable						7,400,000
Original issue discount						2,650,000
Loss on issuance of notes, bonds and warrants						$ 12,900,000
Note Purchase Agreement [Member] | FB Loan [Member]
Warrants to purchase common stock | shares						3,269,231
Warrants exercise price per share | $ / shares						$ 5
Number of common stock shares issued | shares						900,000
Fair value of warrants						$ 15,600,000			16,000,000
Share issued price per share | $ / shares						$ 8.15
Value of common stock shares issued						$ 7,300,000
Note Purchase Agreement [Member] | Subsequent Event [Member] | FB Loan [Member]
Sale of capital stock for consideration			$ 7,409,045
Debt financing percentage			100.00%
Amendment to Note Purchase Agreement [Member] | Subsequent Event [Member]
Sale of common stock, shares | shares				900,000
FBNK Finance SarL [Member]
Interest rate								4.50%
Debt instrument, maturity date								Feb. 15, 2023
Debt face amount									55,100,000
Debt instrument nominal, shares | shares								5,000
Debt instrument redemption rate								100.00%
Loss on extinguishment of debt									$ 11,100,000
FBNK Finance SarL [Member] | EUR [Member]
Debt face amount | €								€ 50,000,000
Debt instrument nominal value | €								€ 10,000
HLEE Finance S.a.r.l [Member] | Credit Agreement [Member]
Line of credit permit indebtedness							$ 50,000,000
Proceeds from loans							$ 250,000
Fubo Tv [Member] | Note Purchase Agreement [Member] | Senior Secured Promissory Notes [Member]
Original issue discount						$ 2,650,000
Series X Convertible Preferred Stock [Member]
Number of common stock shares issued | shares
Value of common stock shares issued
Note Payable [Member] | Evolution AI Corporation [Member]
Notes payable											$ 2,700,000
Interest rate											10.00%
Debt instrument, maturity date											Oct. 1, 2018
Accrued interest											$ 1,500,000
Number of shares acquired | shares											15,000,000
Note Payable [Member] | Evolution AI Corporation [Member] | Series X Convertible Preferred Stock [Member]
Conversion of Convertible Preferred Stock | shares											10,000,000

Note Payable - Schedule of Carr

Note Payable - Schedule of Carrying Value of Senior Notes (Details Narrative)	Mar. 31, 2020USD ($)
Notes Payable [Abstract]
Principal value of Senior Note	$ 10,050,000
Original issue discount	(2,650,000)
Discount resulting from allocation of proceeds to warrant liability	(7,400,000)
Amortization of discount	1,005,000
Net carrying value of Senior Note	$ 1,005,000

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($) $ in Thousands	Mar. 19, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Warrant liability expire date		Jan. 28, 2023
Warrant liability - subsidiary		$ 39		$ 24
Change in fair value of subsidiary warrant liability		$ 15
Discount percentage of stock price
Fair value of the warrant liability		$ 15	$ (2,477)
Change in fair value of warrant liability		366
Note Purchase Agreement [Member] | FB Loan [Member]
Fair value of the warrant liability at grant date		15,600
Fair value of the warrant liability	$ 15,600	16,000
Change in fair value of warrant liability		$ 400

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investment	$ 2,374
Profits interest sold	1,971	1,971
Embedded put option	389	376
Warrant liability - Subsidiary	39	24
Warrant Liability	15,987
Quoted Prices in Active Markets (Level 1) [Member]
Total Financial Assets at Fair Value	2,374
Derivative liability - convertible notes
Profits interest sold
Profits interest
Embedded put option
Warrant liability - Subsidiary
Warrant Liability
Total Financial Liabilities at Fair Value
Quoted Prices in Active Markets (Level 1) [Member] | Nexway AG [Member]
Investment	2,374
Quoted Prices in Active Markets (Level 1) [Member] | Equity/Debt Funds [Member]
Investment
Significant Other Observable Inputs (Level 2) [Member]
Total Financial Assets at Fair Value	1,965
Derivative liability - convertible notes
Profits interest sold
Profits interest
Embedded put option
Warrant liability - Subsidiary
Warrant Liability
Total Financial Liabilities at Fair Value
Significant Other Observable Inputs (Level 2) [Member] | Nexway AG [Member]
Investment
Significant Other Observable Inputs (Level 2) [Member] | Equity/Debt Funds [Member]
Investment	1,965
Significant Unobservable Inputs (Level 3) [Member]
Total Financial Assets at Fair Value
Derivative liability - convertible notes	1,692	1,203
Profits interest sold	1,971
Profits interest		1,971
Embedded put option	389	376
Warrant liability - Subsidiary	39	24
Warrant Liability	15,987
Total Financial Liabilities at Fair Value		$ 3,574
Significant Unobservable Inputs (Level 3) [Member] | Nexway AG [Member]
Investment
Significant Unobservable Inputs (Level 3) [Member] | Equity/Debt Funds [Member]
Investment

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Liability for Derivatives and Warrants (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Values of Derivatives, Convertible Notes at beginning	$ 1,203
Fair Values of Derivatives, Convertible Notes Change in fair value	(200)
Fair Values of Derivatives, Convertible Notes Additions	689
Fair Values of Derivatives, Convertible Notes Redemptions
Fair Values of Derivatives, Convertible Notes at end	1,692
Fair Values of Warrants (assumed from subsidiary) at beginning	24
Fair Values of Warrants (assumed from subsidiary) Change in fair value	15
Fair Values of Warrants (assumed from subsidiary) Additions
Fair Values of Warrants (assumed from subsidiary) Redemptions
Fair Values of Warrants (assumed from subsidiary) at end	39
Profits Interests Sold at beginning	1,971
Profits Interests Sold Change in fair value
Profits Interests Sold Additions
Profits Interests Sold Redemptions
Profits Interests Sold at end	1,971
Warrant Liability, at beginning
Warrant Liability, Change in fair value	366
Warrant Liability, Additions	15,621
Warrant Liability, Redemptions
Warrant Liability, at end	15,987
Embedded Put Option, at beginning	376
Embedded Put Option, Change in fair value	(97)
Embedded Put Option, Additions	172
Embedded Put Option, Redemptions	(62)
Embedded Put Option, at end	$ 389

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Warrant Liabilities, Change In Using Black Scholes to Monte Carlo Simulation Assumptions (Details) - $ / shares	Mar. 31, 2020	Mar. 30, 2020	Dec. 31, 2019
Exercise Price	$ 5	$ 7.74
Fair value assumption, warrant Contractual term (years)		5 years
Number of subsidiary warrants outstanding		142,118
Minimum [Member]
Fair value of underlying common shares	4.78
Maximum [Member]
Fair value of underlying common shares	$ 4.97
Risk Free Interest Rate [Member] | Minimum [Member]
Fair value of warrant liability, measurement input, percentage	0.14
Risk Free Interest Rate [Member] | Maximum [Member]
Fair value of warrant liability, measurement input, percentage	0.66
Expected Dividend Yield [Member]
Fair value of warrant liability, measurement input, percentage	0
Expected Volatility [Member] | Minimum [Member]
Fair value of warrant liability, measurement input, percentage	52.6
Expected Volatility [Member] | Maximum [Member]
Fair value of warrant liability, measurement input, percentage	52.8
Subsidiary Warrant Liability [Member]
Exercise Price	$ 0.75		$ 0.75
Stock price - subsidiary	$ 0.03		$ 0.02
Discount applied	0.00%		0.00%
Fair value of stock price	$ 0		$ 0
Number of subsidiary warrants outstanding	48,904,037		48,904,037
Subsidiary Warrant Liability [Member] | Risk Free Interest Rate [Member]
Fair value of warrant liability, measurement input, percentage	0.28		1.62
Subsidiary Warrant Liability [Member] | Contractual Term (Years) [Member]
Fair value assumption, warrant Contractual term (years)	2 years 9 months 29 days		3 years 29 days
Subsidiary Warrant Liability [Member] | Expected Dividend Yield [Member]
Fair value of warrant liability, measurement input, percentage	0		0
Subsidiary Warrant Liability [Member] | Expected Volatility [Member]
Fair value of warrant liability, measurement input, percentage	83.7		83.7

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule of Fair value of Liability Using Monte Carlo Simulation Model (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Monte Carlo Method [Member]
Fixed conversion price	$ 0.25	$ 0.25
Risk free rate		1.60%
Expected dividend yield	8.00%	8.00%
Minimum [Member]
Stock price	$ 4.78
Minimum [Member] | Monte Carlo Method [Member]
Stock price	$ 8.35	$ 8.91
Risk free rate	0.20%
Contractual term (years)	1 year 2 months 12 days	1 year 2 months 12 days
Expected volatility	87.20%	89.20%
Maximum [Member]
Stock price	$ 4.97
Maximum [Member] | Monte Carlo Method [Member]
Stock price	$ 9.20	$ 9.03
Risk free rate	0.40%
Contractual term (years)	1 year 6 months	1 year 6 months
Expected volatility	94.80%	90.40%

Convertible Notes Payable and C

Convertible Notes Payable and Convertible Notes Payable to Related Parties - Schedule of Convertible Notes Payable (Details) - USD ($)

Feb. 10, 2020

Feb. 06, 2020

Jan. 17, 2020

Dec. 20, 2019

Jul. 30, 2019

Dec. 06, 2016

Mar. 31, 2020

Dec. 31, 2019

Mar. 24, 2020

Principal

$ 10,050,000

Unamortized Discount

(2,650,000)

Convertible Notes [Member]

Principal

1,215,000

$ 865,000

Unamortized Discount

(945,000)

(710,000)

Variable Share Settlement Feature at Fair Value

1,692,000

1,203,000

Carrying amount

$ 1,962,000

$ 1,358,000

JSJ Investments [Member]

Issuance Date

[1]

Dec. 6, 2019

Dec. 6, 2019

Stated Interest Rate

10.00%

10.00%

[1]

10.00%

[1]

Maturity date

Dec. 6, 2020

Dec. 6, 2020

[1]

Dec. 6, 2020

[1]

Principal

[1]

$ 255,000

$ 255,000

Unamortized Discount

[1]

(174,000)

(238,000)

Variable Share Settlement Feature at Fair Value

[1]

443,000

422,000

Carrying amount

[1]

$ 524,000

$ 439,000

Eagle Equities [Member]

Issuance Date

[2]

Dec. 12, 2019

Dec. 12, 2019

Stated Interest Rate

[2]

12.00%

12.00%

Maturity date

[2]

Dec. 12, 2020

Dec. 12, 2020

Principal

[2]

$ 210,000

$ 210,000

Unamortized Discount

[2]

(147,000)

(199,000)

Variable Share Settlement Feature at Fair Value

[2]

297,000

285,000

Carrying amount

[2]

$ 360,000

$ 296,000

BHP Capital [Member]

Issuance Date

[3]

Dec. 20, 2019

Dec. 20, 2019

Stated Interest Rate

10.00%

10.00%

[3]

10.00%

[3]

10.00%

Maturity date

Dec. 20, 2020

Dec. 20, 2020

[3]

Dec. 20, 2020

[3]

Principal

[3]

$ 125,000

$ 125,000

Unamortized Discount

[3]

(85,000)

(114,000)

Variable Share Settlement Feature at Fair Value

[3]

120,000

117,000

Carrying amount

[3]

$ 160,000

$ 128,000

GS Capital Partners [Member]

Issuance Date

[4]

Jan. 17, 2020

Stated Interest Rate

10.00%

10.00%

[4]

Maturity date

Jan. 17, 2021

Jan. 17, 2021

[4]

Principal

[4]

$ 150,000

Unamortized Discount

[4]

(120,000)

Variable Share Settlement Feature at Fair Value

[4]

210,000

Carrying amount

[4]

$ 240,000

EMA Financial, LLC [Member]

Issuance Date

[5]

Feb. 6, 2020

Stated Interest Rate

10.00%

10.00%

[5]

Maturity date

Nov. 6, 2020

Nov. 6, 2020

[5]

Principal

[5]

$ 125,000

Unamortized Discount

[5]

(100,000)

Variable Share Settlement Feature at Fair Value

[5]

204,000

Carrying amount

[5]

$ 229,000

Adar Alef, LLC [Member]

Issuance Date

Feb. 10, 2020

[6]

Jul. 30, 2019

[7]

Stated Interest Rate

12.00%

12.00%

12.00%

[6]

10.00%

[7]

Maturity date

Feb. 10, 2021

Jul. 30, 2020

Feb. 10, 2021

[6]

Jul. 30, 2020

[7]

Principal

$ 150,000

[6]

$ 275,000

[7]

Unamortized Discount

(129,000)

[6]

(159,000)

[7]

Variable Share Settlement Feature at Fair Value

220,000

[6]

379,000

[7]

Carrying amount

$ 241,000

[6]

$ 495,000

[7]

BHP Capital One [Member]

Issuance Date

[8]

Mar. 24, 2020

Stated Interest Rate

[8]

10.00%

Maturity date

[8]

Mar. 24, 2020

Principal

[8]

$ 100,000

Unamortized Discount

[8]

(95,000)

Variable Share Settlement Feature at Fair Value

[8]

99,000

Carrying amount

[8]

$ 104,000

Jefferson Street Capital LLC [Member]

Issuance Date

[9]

Mar. 24, 2020

Stated Interest Rate

10.00%

[9]

10.00%

Maturity date

[9]

Mar. 24, 2020

Principal

[9]

$ 100,000

Unamortized Discount

[9]

(95,000)

Variable Share Settlement Feature at Fair Value

[9]

99,000

Carrying amount

[9]

$ 104,000

[1]

On December 6, 2019, the Company issued a convertible promissory note to JSJ Investments with a principal balance of $255,000. The Company received net proceeds of $250,000. The note matures on December 6, 2020 and bears interest at 10% per annum. The Company may prepay this note and unpaid interest on or prior to July 3, 2020. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 47% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[2]

On December 12, 2019, the Company issued a convertible promissory note to Eagle Equities, LLC with a principal balance of $210,000. The Company received net proceeds of $200,000. The note matures on December 12, 2020 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock, at any time after the six month anniversary of the note, at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[3]

On December 20, 2019, the Company issued a convertible promissory note to BHP Capital NY Inc. with a principal balance of $125,000. The Company received net proceeds of $122,500. The note matures on December 20, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. In connection with the promissory note, the Company issued 5,000 shares of its restricted common stock with a fair value of approximately $47,000. The Company will have the option to buy back the shares 180 days from the issue date, for a one-time payment of $8.00 per share.

[4]

On January 17, 2020, the Company issued a convertible promissory note to GS Capital Partners, LLC. with a principal balance of $150,000. The note matures on January 17, 2021 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[5]

On February 6, 2020, the Company issued a convertible promissory note to EMA Financial, LLC. with a principal balance of $125,000. The note matures on November 6, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock equal to the lower of (i) the lowest closing price of the common stock during the preceding twenty (20) day trading period ending on the latest trading day prior to the note issuance date or (ii) at a rate of 50% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[6]

On February 10, 2020, the Company issued a convertible promissory note to Adar Alef, LLC. with a principal balance of $150,000. The note matures on February 10, 2021 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[7]

On July 30, 2019, the Company issued a convertible promissory note to Adar Alef, LLC in the amount of $275,000. The note accrues interest at a rate of 12% per annum and matures on July 30, 2020. The note is not convertible until the six month anniversary of the note, at which time if the note has not already been repaid by the Company, the note holder shall be entitled to convert all or part of the note into shares of the Company's common stock, at a price per share equal to 53% of the lowest trading price of the common stock for the twenty prior trading days upon which the conversion notice is received by the Company. On January 20, 2020, the Company repaid the principal balance of $275,000 and accrued interest of approximately $16,000.

[8]

On March 24, 2020, the Company issued a convertible promissory note to BHP Capital NY Inc. with a principal balance of $100,000. The note matures on demand and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date.

[9]

On March 24, 2020, the Company issued a convertible promissory note to Jefferson Street Capital, LLC. with a principal balance of $100,000. The note matures on demand and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. On January 29, 2020, the Company issued a convertible promissory note to Auctus Fund, LLC. with a principal balance of $275,000. The note matures on November 29, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty five (25) day trading period ending on the latest complete trading day prior to the conversion date. On March 19, 2020, the Company repaid the principal balance and interest of approximately $4,000.

Convertible Notes Payable and_2

Convertible Notes Payable and Convertible Notes Payable to Related Parties - Schedule of Convertible Notes Payable (Details) (Parenthetical)

Mar. 24, 2020USD ($)Integer

Feb. 10, 2020USD ($)Integer

Feb. 06, 2020USD ($)Integer

Jan. 29, 2020USD ($)Integer

Jan. 20, 2020USD ($)

Jan. 17, 2020USD ($)Integer

Dec. 20, 2019USD ($)Integer$ / sharesshares

Dec. 12, 2019USD ($)Integer

Jul. 30, 2019USD ($)Integer

Dec. 06, 2016USD ($)Integer

Mar. 31, 2020USD ($)

Mar. 31, 2019USD ($)

Dec. 31, 2019

Repayments of convertible debt

$ 550,000

$ 203,000

Proceeds from convertible debt

$ 900,000

Adar Alef, LLC [Member]

Convertible promissory notes issued

$ 275,000

Interest rate

12.00%

12.00%

12.00%

[1]

10.00%

[2]

Debt maturity date

Feb. 10, 2021

Jul. 30, 2020

Feb. 10, 2021

[1]

Jul. 30, 2020

[2]

Minimum percentage of common stock price to debt conversion to determine eligibility

53.00%

Repayments of convertible debt

$ 275,000

Repayments of accrued interest

$ 16,000

Trading days | Integer

20

20

Principal amount

$ 150,000

Debt instrument conversion of shares percentage

0.53

JSJ Investments [Member]

Interest rate

10.00%

10.00%

[3]

10.00%

[3]

Debt maturity date

Dec. 6, 2020

Dec. 6, 2020

[3]

Dec. 6, 2020

[3]

Trading days | Integer

20

Principal amount

$ 255,000

Proceeds from convertible debt

$ 250,000

Debt instrument conversion of shares percentage

0.47

Eagle Equities, LLC [Member]

Interest rate

12.00%

Debt maturity date

Dec. 12, 2020

Trading days | Integer

20

Principal amount

$ 210,000

Proceeds from convertible debt

$ 200,000

Debt instrument conversion of shares percentage

0.53

BHP Capital [Member]

Interest rate

10.00%

10.00%

10.00%

[4]

10.00%

[4]

Debt maturity date

Dec. 20, 2020

Dec. 20, 2020

[4]

Dec. 20, 2020

[4]

Trading days | Integer

15

15

Principal amount

$ 100,000

$ 125,000

Proceeds from convertible debt

$ 122,500

Debt instrument conversion of shares percentage

0.61

0.61

Restricted stock issued shares | shares

5,000

Restricted stock issued value

$ 47,000

Payment of price per share | $ / shares

$ 8

GS Capital Partners [Member]

Interest rate

10.00%

10.00%

[5]

Debt maturity date

Jan. 17, 2021

Jan. 17, 2021

[5]

Trading days | Integer

20

Principal amount

$ 150,000

Debt instrument conversion of shares percentage

0.53

EMA Financial, LLC [Member]

Interest rate

10.00%

10.00%

[6]

Debt maturity date

Nov. 6, 2020

Nov. 6, 2020

[6]

Trading days | Integer

20

Principal amount

$ 125,000

Jefferson Street Capital LLC [Member]

Interest rate

10.00%

10.00%

[7]

Debt maturity date

[7]

Mar. 24, 2020

Trading days | Integer

15

Principal amount

$ 100,000

Debt instrument conversion of shares percentage

0.61

Auctus Fund [Member]

Interest rate

10.00%

Debt maturity date

Nov. 29, 2020

Repayments of convertible debt

$ 4,000

Trading days | Integer

25

Principal amount

$ 275,000

[1]

On February 10, 2020, the Company issued a convertible promissory note to Adar Alef, LLC. with a principal balance of $150,000. The note matures on February 10, 2021 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[2]

On July 30, 2019, the Company issued a convertible promissory note to Adar Alef, LLC in the amount of $275,000. The note accrues interest at a rate of 12% per annum and matures on July 30, 2020. The note is not convertible until the six month anniversary of the note, at which time if the note has not already been repaid by the Company, the note holder shall be entitled to convert all or part of the note into shares of the Company's common stock, at a price per share equal to 53% of the lowest trading price of the common stock for the twenty prior trading days upon which the conversion notice is received by the Company. On January 20, 2020, the Company repaid the principal balance of $275,000 and accrued interest of approximately $16,000.

[3]

On December 6, 2019, the Company issued a convertible promissory note to JSJ Investments with a principal balance of $255,000. The Company received net proceeds of $250,000. The note matures on December 6, 2020 and bears interest at 10% per annum. The Company may prepay this note and unpaid interest on or prior to July 3, 2020. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 47% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[4]

On December 20, 2019, the Company issued a convertible promissory note to BHP Capital NY Inc. with a principal balance of $125,000. The Company received net proceeds of $122,500. The note matures on December 20, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. In connection with the promissory note, the Company issued 5,000 shares of its restricted common stock with a fair value of approximately $47,000. The Company will have the option to buy back the shares 180 days from the issue date, for a one-time payment of $8.00 per share.

[5]

On January 17, 2020, the Company issued a convertible promissory note to GS Capital Partners, LLC. with a principal balance of $150,000. The note matures on January 17, 2021 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 53% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[6]

On February 6, 2020, the Company issued a convertible promissory note to EMA Financial, LLC. with a principal balance of $125,000. The note matures on November 6, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock equal to the lower of (i) the lowest closing price of the common stock during the preceding twenty (20) day trading period ending on the latest trading day prior to the note issuance date or (ii) at a rate of 50% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date.

[7]

On March 24, 2020, the Company issued a convertible promissory note to Jefferson Street Capital, LLC. with a principal balance of $100,000. The note matures on demand and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 61% multiplied by the lowest trading price during the previous fifteen (15) day trading period ending on the latest complete trading day prior to the conversion date. On January 29, 2020, the Company issued a convertible promissory note to Auctus Fund, LLC. with a principal balance of $275,000. The note matures on November 29, 2020 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company's common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty five (25) day trading period ending on the latest complete trading day prior to the conversion date. On March 19, 2020, the Company repaid the principal balance and interest of approximately $4,000.

Convertible Notes Payable and_3

Convertible Notes Payable and Convertible Notes Payable to Related Parties - Schedule of Derivative Liabilities Valuation Using Binomial Lattice Model Assumptions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Fair Value - Note Variable Share Settlement Feature	$ 389	$ 376
Monte Carlo Method [Member]
Fair Value - Note Variable Share Settlement Feature	$ 1,692	$ 1,203
Monte Carlo Method [Member] | Expected Dividend Yield [Member]
Fair value assumptions, measurement input, percentages	0.00%	0.00%
Minimum [Member]
Stock Price	$ 4.78
Minimum [Member] | Monte Carlo Method [Member]
Stock Price	$ 8.35	$ 8.91
Minimum [Member] | Monte Carlo Method [Member] | Risk Free Interest Rate [Member]
Fair value assumptions, measurement input, percentages	0.12%	1.52%
Minimum [Member] | Monte Carlo Method [Member] | Contractual Term (Years) [Member]
Fair value assumptions, measurement input, term	3 months 29 days	6 months 29 days
Minimum [Member] | Monte Carlo Method [Member] | Expected Volatility [Member]
Fair value assumptions, measurement input, percentages	91.30%	90.00%
Maximum [Member]
Stock Price	$ 4.97
Maximum [Member] | Monte Carlo Method [Member]
Stock Price	$ 9.20	$ 9.03
Maximum [Member] | Monte Carlo Method [Member] | Risk Free Interest Rate [Member]
Fair value assumptions, measurement input, percentages	1.56%	1.60%
Maximum [Member] | Monte Carlo Method [Member] | Contractual Term (Years) [Member]
Fair value assumptions, measurement input, term	1 year	1 year
Maximum [Member] | Monte Carlo Method [Member] | Expected Volatility [Member]
Fair value assumptions, measurement input, percentages	134.00%	95.30%

Temporary Equity (Details Narra

Temporary Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Mar. 06, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Proceeds from the issuance of Series D Preferred Stock		$ 203
Series D Convertible Preferred stock, shares outstanding		456,000		456,000
Series D Convertible Preferred Stock [Member]
Temporary equity, number of shares redeemed	203,000
Cumulative cash dividend rate	8.00%
Dividend price per share	$ 1
Cash dividend, description	Holders of shares of the Series D Preferred Stock are entitled to receive, cumulative cash dividends at the rate of 8% on $1.00 per share of the Series D Preferred Stock per annum (equivalent to $0.08 per annum per share)
Accrued dividend		$ 9
Trading price, price limit to be classified as temporary equity	$ 0.35
Preferred stock, increased par value	$ 1.29
Bifurcated redemption feature recognized	$ 171
Stock Purchase Agreement [Member] | Series D Convertible Preferred Stock [Member]
Temporary equity, number of shares to be issued	203,000
Proceeds from the issuance of Series D Preferred Stock	$ 203,000
Temporary equity, value of shares to be issued	$ 203
Series D Convertible Preferred stock, shares outstanding		456,000

Temporary Equity - Schedule of

Temporary Equity - Schedule of Temporary Equity (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)shares
Total temporary equity, beginning balance | $	$ 462
Total temporary equity, shares, beginning balance | shares	456,000
Total temporary equity, ending balance | $	$ 463
Total temporary equity, shares, ending balance | shares	456,000
Series D Preferred Stock [Member]
Total temporary equity, beginning balance | $	$ 462
Total temporary equity, shares, beginning balance | shares	461,839
Issuance of Series D convertible preferred stock for cash | $	$ 203
Issuance of Series D convertible preferred stock for cash, shares | shares	203,000
Offering cost related to issuance of Series D convertible preferred stock | $	$ (3)
Offering cost related to issuance of Series D convertible preferred stock, shares | shares
Deemed dividends related to immediate accretion of offering cost | $	$ 3
Deemed dividends related to immediate accretion of offering cost, shares | shares
Accrued Series D preferred stock dividends | $	$ 9
Accrued Series D preferred stock dividends, shares | shares	8,868
Bifurcated redemption feature of Series D convertible preferred stock | $	$ (171)
Bifurcated redemption feature of Series D convertible preferred stock, shares | shares
Deemed dividends related to immediate accretion of bifurcated redemption feature of Series D convertible preferred stock | $	$ 171
Deemed dividends related to immediate accretion of bifurcated redemption feature of Series D convertible preferred stock, shares | shares
Redemption of Series D preferred stock (including accrued dividends) | $	$ (211)
Redemption of Series D preferred stock (including accrued dividends), shares | shares	(210,831)
Total temporary equity, ending balance | $	$ 463
Total temporary equity, shares, ending balance | shares	462,876

Temporary Equity - Schedule o_2

Temporary Equity - Schedule of Redemption of Preferred Stock Issued (Details) - Series D Preferred Stock [Member] $ / shares in Units, $ in Thousands	Mar. 06, 2020USD ($)$ / sharesshares
Series D preferred stock issued | shares	203,000
Per share value | $ / shares	$ 1
Preferred stock redemption	$ 203
Accrued dividends	8
Preferred stock redemption gross	$ 211
Redemption percentage	129.00%
Total	$ 272

Stockholders' Equity_ (Deficit)

Stockholders' Equity/ (Deficit) (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 02, 2020	Mar. 30, 2020	Mar. 20, 2020	Mar. 19, 2020	Feb. 20, 2020	Jan. 02, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Value common stock shares issued for cash							$ 2,297	$ 1,778
Term of granted options							8 years 1 month 6 days
Unrecognized stock-based compensation expense
Fair value of warrants							$ 15	(2,477)
Number of warrants issued		142,118
Convertible note, value		$ 1,100,000
Warrant exercise price, per share		$ 7.74					$ 5
Warrant term		5 years
2014 Equity Incentive Stock Plan [Member]
Options granted							166,667
Term of granted options							10 years
Number of stock options issued and outstanding							8,051,098
2020 Equity Incentive Stock Plan [Member]
Options granted	12,116,646
Consulting Services [Member]
Shares issued during period for services, shares							275,000
Shares issued during period for services, value							$ 2,300
Consulting Services One [Member]
Shares issued during period for services, shares							2,500
Shares issued during period for services, value							$ 26
Issuance of Common Stock in Connection with Convertible Notes [Member]
Value common stock shares issued for cash							$ 100
Issuance of common stock shares for cash							7,500
Joint Business Development Agreement [Member] | Restricted Common Stock [Member]
Shares issued during period for services, shares						200,000
Shares issued during period for services, value						$ 1,800
Digital Likeness Development Agreement [Member]
Shares issued during period for services, shares							62,500
Shares issued during period for services, value							$ 600
Mayweather Agreement [Member]
Options granted							280,000
Term of granted options							5 years
Stock option, exercise price							$ 7.20
Fair value of stock options granted							$ 1,031
Stock option expiration date							Dec. 21, 2024
Note Purchase Agreement [Member]
Value common stock shares issued for cash				$ 7,500
Issuance of common stock shares for cash				900,000
Share issued price per share				$ 8.35			$ 8.35
Convertible note, value							$ 200
Common Stock [Member]
Value common stock shares issued for cash
Issuance of common stock shares for cash							795,593	378,098
Shares issued during period for services, shares							200,000
Shares issued during period for services, value							$ 1,600
Options granted							1,040,000
Options [Member]
Options granted							280,000
Term of granted options							10 years
Expected dividend yield							0.00%
FB Loan Warrant[Member] | Note Purchase Agreement [Member]
Warrant to purchase common stock shares				3,269,231
Fair value of warrants				$ 15,600
Pulse Evolution Corporation [Member] | Common Stock [Member]
Value common stock shares issued for cash							$ 1,552,070
Common stock issued in exchange for subsidiary shares							3,727,080
Reduction of noncontrolling interest							$ 1,100
Officer [Member] | Issuance of Common Stock for Employee Compensation [Member]
Value common stock shares issued for cash					$ 2,700
Issuance of common stock shares for cash					300,000
Share issued price per share					$ 9
Private Placement [Member] | Investors [Member]
Value common stock shares issued for cash							$ 2,300
Issuance of common stock shares for cash							795,593
Series A Preferred Stock [Member]
Preferred stock, shares authorized			5,000,000						5,000,000
Preferred stock, par value			$ 0.0001						$ 0.0001
Series B Preferred Stock [Member]
Preferred stock, shares authorized			1,000,000
Preferred stock, par value			$ 0.0001
Series C Preferred Stock [Member]
Preferred stock, shares authorized			41,000,000
Preferred stock, par value			$ 0.0001
Series X Preferred Stock [Member]
Preferred stock, shares authorized			1,000,000
Preferred stock, par value			$ 0.0001
Series AA Convertible Preferred Stock [Member]
Preferred stock, shares authorized			35,800,000
Preferred stock, par value							$ 0.0001
Preferred stock voting rights			Each share of Series AA Preferred Stock shall have 0.8 votes per share (the Voting Rate") on any matter submitted to the holders of the Common Stock for a vote and shall vote together with the Common Stock on such matters for as long as the Series AA Preferred Stock is outstanding.				Each share of Series AA Preferred Stock is entitled to 0.8 votes per share and is convertible into two (2) shares of our common stock, only in connection with a bona fide transfer to a third party.

Stockholders' Equity_ (Defici_2

Stockholders' Equity/ (Deficit) - Schedule of Stock Option Activity (Details)	3 Months Ended
	Mar. 31, 2020USD ($)$ / sharesshares
Equity [Abstract]
Number of Shares Outstanding, Beginning Balance | shares	16,667
Number of Shares Outstanding, Granted | shares	280,000
Number of Shares Outstanding, Ending Balance | shares	296,667
Number of Shares, Options Vested and Exercisable, Ending Balance | shares	296,667
Weighted Average Exercise Price, Beginning Balance	$ 28.20
Weighted Average Exercise Price, Granted	7.20
Weighted Average Exercise Price, Ending Balance	8.38
Weighted Average Exercise Price Options Vested and Exercisable, Ending Balance	$ 8.38
Total Intrinsic Value, Beginning Balance | $
Total Intrinsic Value, Granted	$ 322,000
Total Intrinsic Value, Ending Balance | $	$ 322,000
Total Intrinsic Value Options Vested and Exercisable, Ending Balance | $	$ 322,000
Weighted Average Remaining Contractual Life (in Years), Beginning Balance	8 years 1 month 6 days
Weighted Average Remaining Contractual Life (in Years), Granted	4 years 8 months 12 days
Weighted Average Remaining Contractual Life (in Years), Ending Balance	4 years 10 months 25 days
Weighted Average Remaining Contractual Life (in Years) Options vested and Exercisable, Ending Balance	4 years 10 months 25 days

Stockholders' Equity_ (Defici_3

Stockholders' Equity/ (Deficit) - Summary of Outstanding Warrants Activity (Details)	3 Months Ended
	Mar. 31, 2020USD ($)$ / sharesshares
Equity [Abstract]
Number of Warrants Outstanding, Beginning Balance | shares	200,007
Number of Warrants Outstanding, Issued | shares	3,411,349
Number of Warrants Outstanding, Expired | shares	(200,000)
Number of Warrants Outstanding, Ending Balance | shares	3,411,356
Number of Warrants Exercisable, Ending Balance | shares	3,411,356
Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 12.15
Weighted Average Exercise Price, Issued | $ / shares	5.11
Weighted Average Exercise Price, Expired | $ / shares
Weighted Average Exercise Price, Ending Balance | $ / shares	5.16
Weighted Average Exercise Price, Ending Balance | $ / shares	$ 5.16
Total Intrinsic Value, Beginning Balance | $
Total Intrinsic Value, Issued | $	11,038,616
Total Intrinsic Value, Expired | $
Total Intrinsic Value, Ending Balance | $	11,038,616
Total Intrinsic Value, Warrants exercisable Ending Balance | $	$ 11,038,616

Leases (Details Narrative)

Leases (Details Narrative) - USD ($)	Feb. 14, 2019	Mar. 31, 2020	Dec. 31, 2019	Sep. 19, 2019
Right of use assets		$ 37,000	$ 3,519,000
Operating lease expiry date		Aug. 31, 2020
Nexway AG [Member]
Right of use assets		$ 0		$ 3,600,000
Operating lease liabilities		$ 0		$ 3,600,000
March 1, 2019 Until August 31, 2020 [Member]
Annual rent	$ 89,437
August 31, 2021 [Member]
Annual rent	94,884
August 31, 2022 [Member]
Annual rent	$ 97,730

Leases - Schedule of Operating

Leases - Schedule of Operating Leases (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Leases [Abstract]
Operating lease cost	$ 98
Variable lease cost	73
Operating lease expense	171
Short-term lease rent expense
Total rent expense	$ 171

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow and Other Information Related to Leases (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 75
Right-of-use assets exchanged for operating lease liabilities	$ 125
Weighted-average remaining lease term - operating leases	4 months 24 days
Weighted-average monthly discount rate - operating leases	0.80%

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - Closed Litigation [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)Integer	Dec. 31, 2019USD ($)
Number of legal matters | Integer	2
Loss contingency, accrued | $	$ 524	$ 524

Acquisition of fuboTV (Details

Acquisition of fuboTV (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 02, 2020	Mar. 31, 2020	Mar. 31, 2019
Options exercisable, weighted average price		$ 8.38
Value of common stock shares issued		$ 2,297	$ 1,778
Common Stock [Member]
Number of common stock shares issued		795,593	378,098
Value of common stock shares issued
Subsequent Event [Member] | Merger Agreement [Member] | Fubo Tv [Member] | Common Stock [Member]
Aggregate number of options to acquire common stock	8,051,098
Options exercisable, weighted average price	$ 1.32
Purchase price of acquisition	$ 596,100
Market value of acquisition	$ 529,700
Share issued price per share	$ 8.20
Number of common stock shares issued	64,600,000
Value of common stock shares issued	$ 66,400
Stock option shares issued on converted basis	8,100
Subsequent Event [Member] | Merger Agreement [Member] | Fubo Tv [Member] | Series AA Preferred Stock [Member]
Shares issued during period for merger	34,324,362
Preferred stock, voting rights	Pursuant to the Series AA Certificate of Designation, each share of Series AA Preferred Stock is convertible into two (2) shares of FaceBank's common stock.

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Jul. 02, 2020	Jun. 28, 2020	Jun. 16, 2020	Jun. 08, 2020	Jun. 08, 2020	Jul. 06, 2020	Mar. 31, 2020	Mar. 31, 2019	May 25, 2020	Mar. 30, 2020
Number of shares exchanged, value
Warrant exercise price, per share							$ 5			$ 7.74
Number of options granted to purchase of common stock, shares							280,000
Subsequent Event [Member] | PEC [Member]
Number of common stock shares issued						1,201,749
Issuance of common stock - subsidiary share exchange, shares						14,222,975
Subsequent Event [Member] | ARETE Wealth Management [Member]
Warrants to purchase common stock									275,000
Warrant exercise price, per share									$ 9
Subsequent Event [Member] | Purchase Agreements [Member] | Convertible Notes [Member]
Warrants to purchase common stock						55,172
Number of common stock shares issued						55,000
Convertible notes principal balance						$ 2,100,000
Warrant exercise price, per share						$ 8.09
Subsequent Event [Member] | Purchase Agreements [Member] | Investors [Member]
Sale of common stock, shares					3,735,922	111,459
Sale of stock price per share				$ 7	$ 7
Warrants to purchase common stock				3,735,922	3,735,922
Warrants purchase price				$ 26,151,454	$ 26,151,454
Sale of common stock shares, value						$ 403,895
Subsequent Event [Member] | Purchase Agreements [Member] | Credit Suisse Capital LLC [Member]
Sale of common stock, shares	2,162,163
Sale of stock price per share	$ 9.25
Sale of common stock shares, value	$ 20,000,008
Subsequent Event [Member] | Employment Agreement [Member]
Number of options granted to purchase of common stock, shares				850,000
Exercise price, per share				$ 10.435	$ 10.435
Subsequent Event [Member] | Letter Agreement [Member]
Number of options granted to purchase of common stock, shares		1,203,297
Exercise price, per share		$ 11.15
Subsequent Event [Member] | Series D Preferred Stock [Member]
Number of shares redeemed			253,000
Number of shares exchanged, value			$ 339,174
Preferred stock, shares outstanding	203,000