fuboTV (FUBO) 10-Q 1 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-39590
Entity Registrant Name	fuboTV Inc. /FL
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	26-4330545
Entity Address, Address Line One	1290 Avenue of the Americas
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10104
City Area Code	212
Local Phone Number	672-0055
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	FUBO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		334,092,630
Entity Central Index Key	0001484769
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 146,175	$ 245,278
Accounts receivable, net	76,868	80,299
Prepaid sports rights	35,777	39,911
Prepaid and other current assets	19,650	20,804
Assets of discontinued operations	391	462
Total current assets	278,861	386,754
Property and equipment, net	5,633	4,835
Restricted cash	6,143	6,142
Intangible assets, net	139,793	158,448
Goodwill	624,348	622,818
Right-of-use assets	32,976	35,825
Other non-current assets	14,544	17,818
Total assets	1,102,298	1,232,640
Current liabilities
Accounts payable	60,492	74,311
Accrued expenses and other current liabilities	319,597	320,041
Notes payable	6,842	6,323
Deferred revenue	103,137	90,203
Long-term borrowings - current portion	1,117	1,612
Current portion of lease liabilities	5,485	5,247
Liabilities of discontinued operations	15,013	19,608
Total current liabilities	511,683	517,345
Convertible notes, net	332,738	391,748
Lease liabilities	33,979	38,087
Other long-term liabilities	1,671	1,635
Total liabilities	880,071	948,815
COMMITMENTS AND CONTINGENCIES (Note 13)
Shareholders’ equity:
Common stock par value $0.0001: 1,000,000,000 and 800,000,000 shares authorized at September 30, 2024 and December 31, 2023, respectively ; 334,092,630 and 299,215,160 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	33	30
Additional paid-in capital	2,209,993	2,136,870
Accumulated deficit	(1,979,247)	(1,845,542)
Non-controlling interest	(13,205)	(11,751)
Accumulated other comprehensive income	4,653	4,218
Total shareholders’ equity	222,227	283,825
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,102,298	$ 1,232,640

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Common stock, par or stated value (in usd per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	1,000,000,000	800,000,000
Common stock, shares, issued (in shares)	334,092,630	299,215,160
Common stock, shares, outstanding (in shares)	334,092,630	299,215,160

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Total revenues	$ 386,207	$ 320,935	$ 1,179,519	$ 958,044
Operating expenses
Subscriber related expenses	317,692	286,068	1,004,361	858,399
Broadcasting and transmission	14,390	15,187	44,063	53,278
Sales and marketing	55,226	60,494	134,289	137,259
Technology and development	21,187	17,506	60,576	53,511
General and administrative	26,528	15,861	65,254	45,998
Depreciation and amortization	9,816	9,103	28,596	26,858
Total operating expenses	444,839	404,219	1,337,139	1,175,303
Operating loss	(58,632)	(83,284)	(157,620)	(217,259)
Other income (expense)
Interest expense	(5,277)	(3,440)	(16,096)	(10,255)
Interest income	1,565	2,960	5,751	8,063
Amortization of debt premium (discount), net	348	(650)	869	(1,918)
Gain on extinguishment of debt	7,752	0	29,513	0
Other (expense) income	(245)	(318)	1,144	(1,175)
Total other income (expense)	4,143	(1,448)	21,181	(5,285)
Loss from continuing operations before income taxes	(54,489)	(84,732)	(136,439)	(222,544)
Income tax (provision) benefit	(195)	247	(407)	482
Net loss from continuing operations	(54,684)	(84,485)	(136,846)	(222,062)
Discontinued operations
Net income from discontinued operations before income taxes	1,836	669	1,687	4,672
Income tax benefit	0	0	0	0
Net income from discontinued operations	1,836	669	1,687	4,672
Net loss	(52,848)	(83,816)	(135,159)	(217,390)
Less: Net loss attributable to non-controlling interest	425	5	1,454	26
Net loss attributable to common shareholders	(52,423)	(83,811)	(133,705)	(217,364)
Other comprehensive loss
Foreign currency translation adjustment	5,817	3,858	435	965
Comprehensive loss attributable to common shareholders	$ (46,606)	$ (79,953)	$ (133,270)	$ (216,399)
Net loss per share attributable to common shareholders
Basic loss per share from continuing operations (in usd per share)	$ (0.17)	$ (0.29)	$ (0.44)	$ (0.82)
Diluted loss per share from continuing operations (in usd per share)	(0.17)	(0.29)	(0.44)	(0.82)
Basic income per share from discontinued operations (in usd per share)	0.01	0	0.01	0.02
Diluted income per share from discontinued operations (in usd per share)	0.01	0	0.01	0.02
Basic loss per share (in usd per share)	(0.16)	(0.29)	(0.43)	(0.80)
Diluted loss per share (in usd per share)	$ (0.16)	$ (0.29)	$ (0.43)	$ (0.80)
Weighted average shares outstanding:
Basic (in shares)	331,582,813	292,693,961	314,126,997	270,078,947
Diluted (in shares)	331,582,813	292,693,961	314,126,997	270,078,947
Subscription
Revenues
Total revenues	$ 356,575	$ 289,623	$ 1,093,225	$ 879,492
Advertising
Revenues
Total revenues	27,054	30,592	80,808	76,383
Other
Revenues
Total revenues	$ 2,578	$ 720	$ 5,486	$ 2,169

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Non-controlling Interest	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2022		209,684,548
Beginning balance at Dec. 31, 2022	$ 401,682	$ 21	$ 1,972,006	$ (1,558,088)	$ (11,662)	$ (595)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of offering costs (in shares)		71,444,729
Issuance of common stock, net of offering costs	106,057	$ 7	106,050
Exercise of stock options (in shares)		28,663
Exercise of stock options	46		46
Cancellation of escrow shares in connection with Edisn acquisition (in shares)		(12,595)
Cancellation of escrow shares in connection with Edisn acquisition	(344)		(344)
Delivery of common stock underlying restricted stock units (in shares)		454,462
Stock-based compensation	11,738		11,738
Molotov non-controlling interest	(499)		(864)		374	(9)
Foreign currency translation adjustment	2,756					2,756
Net loss attributable to non-controlling interest	(11)				(11)
Net loss attributable to common shareholders	(83,613)			(83,613)
Ending balance (in shares) at Mar. 31, 2023		281,599,807
Ending balance at Mar. 31, 2023	437,812	$ 28	2,088,632	(1,641,701)	(11,299)	2,152
Beginning balance (in shares) at Dec. 31, 2022		209,684,548
Beginning balance at Dec. 31, 2022	401,682	$ 21	1,972,006	(1,558,088)	(11,662)	(595)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to non-controlling interest	(26)
Net loss attributable to common shareholders	(217,364)
Ending balance (in shares) at Sep. 30, 2023		292,778,171
Ending balance at Sep. 30, 2023	333,436	$ 29	2,121,742	(1,775,452)	(11,314)	(1,569)
Beginning balance (in shares) at Mar. 31, 2023		281,599,807
Beginning balance at Mar. 31, 2023	437,812	$ 28	2,088,632	(1,641,701)	(11,299)	2,152
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of offering costs (in shares)		10,250,000
Issuance of common stock, net of offering costs	10,855	$ 1	10,854
Exercise of stock options (in shares)		161,825
Exercise of stock options	49		49
Delivery of common stock underlying restricted stock units (in shares)		547,493
Stock-based compensation	11,211		11,211
Foreign currency translation adjustment	137					137
Net loss attributable to non-controlling interest	(10)				(10)
Net loss attributable to common shareholders	(49,940)			(49,940)
Ending balance (in shares) at Jun. 30, 2023		292,559,125
Ending balance at Jun. 30, 2023	410,114	$ 29	2,110,746	(1,691,641)	(11,309)	2,289
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of offering costs	(9)		(9)
Exercise of stock options (in shares)		82,547
Exercise of stock options	164		164
Delivery of common stock underlying restricted stock units (in shares)		136,499
Stock-based compensation	10,841		10,841
Foreign currency translation adjustment	(3,858)					(3,858)
Net loss attributable to non-controlling interest	(5)				(5)
Net loss attributable to common shareholders	(83,811)			(83,811)
Ending balance (in shares) at Sep. 30, 2023		292,778,171
Ending balance at Sep. 30, 2023	$ 333,436	$ 29	2,121,742	(1,775,452)	(11,314)	(1,569)
Beginning balance (in shares) at Dec. 31, 2023	299,215,160	299,215,160
Beginning balance at Dec. 31, 2023	$ 283,825	$ 30	2,136,870	(1,845,542)	(11,751)	4,218
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)		2,042
Exercise of stock options	2		2
Delivery of common stock underlying restricted stock units (in shares)		507,198
Stock-based compensation	11,873		11,873
Foreign currency translation adjustment	(3,015)					(3,015)
Net loss attributable to non-controlling interest	(574)				(574)
Net loss attributable to common shareholders	(56,010)			(56,010)
Ending balance (in shares) at Mar. 31, 2024		299,724,400
Ending balance at Mar. 31, 2024	$ 236,101	$ 30	2,148,745	(1,901,552)	(12,325)	1,203
Beginning balance (in shares) at Dec. 31, 2023	299,215,160	299,215,160
Beginning balance at Dec. 31, 2023	$ 283,825	$ 30	2,136,870	(1,845,542)	(11,751)	4,218
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)	4,042
Net loss attributable to non-controlling interest	$ (1,454)
Net loss attributable to common shareholders	$ (133,705)
Ending balance (in shares) at Sep. 30, 2024	334,092,630	334,092,630
Ending balance at Sep. 30, 2024	$ 222,227	$ 33	2,209,993	(1,979,247)	(13,205)	4,653
Beginning balance (in shares) at Mar. 31, 2024		299,724,400
Beginning balance at Mar. 31, 2024	236,101	$ 30	2,148,745	(1,901,552)	(12,325)	1,203
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of offering costs (in shares)		28,791,969
Issuance of common stock, net of offering costs	36,838	$ 3	36,835
Exercise of stock options (in shares)		2,000
Exercise of stock options	1		1
Delivery of common stock underlying restricted stock units (in shares)		818,252
Stock-based compensation	9,385		9,385
Foreign currency translation adjustment	(2,367)					(2,367)
Net loss attributable to non-controlling interest	(455)				(455)
Net loss attributable to common shareholders	(25,272)			(25,272)
Ending balance (in shares) at Jun. 30, 2024		329,336,621
Ending balance at Jun. 30, 2024	254,231	$ 33	2,194,966	(1,926,824)	(12,780)	(1,164)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of offering costs (in shares)		4,426,882
Issuance of common stock, net of offering costs	6,472		6,472
Delivery of common stock underlying restricted stock units (in shares)		329,127
Stock-based compensation	8,555		8,555
Foreign currency translation adjustment	5,817					5,817
Net loss attributable to non-controlling interest	(425)				(425)
Net loss attributable to common shareholders	$ (52,423)			(52,423)
Ending balance (in shares) at Sep. 30, 2024	334,092,630	334,092,630
Ending balance at Sep. 30, 2024	$ 222,227	$ 33	$ 2,209,993	$ (1,979,247)	$ (13,205)	$ 4,653

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net loss	$ (135,159)	$ (217,390)
Less: Net income from discontinued operations, net of tax	1,687	4,672
Net loss from continuing operations	(136,846)	(222,062)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	28,596	26,858
Gain on sale of assets	0	2
Stock-based compensation	32,609	39,451
Amortization of debt (premium) discount, net	(869)	1,918
Gain on extinguishment of debt	(29,513)	0
Deferred income tax provision (benefit)	0	(485)
Amortization of right-of-use assets	2,849	2,337
Other adjustments	518	480
Changes in operating assets and liabilities of business:
Accounts receivable, net	3,470	(18,123)
Prepaid expenses and other assets	4,214	(14,173)
Prepaid sports rights	4,433	(1,125)
Accounts payable	(13,312)	(7,545)
Accrued expenses and other liabilities	(1,631)	605
Deferred revenue	12,907	20,543
Lease liabilities	(3,902)	(1,669)
Net cash used in operating activities - continuing operations	(96,477)	(172,988)
Net cash used in operating activities - discontinued operations	(2,837)	(2,569)
Net cash used in operating activities	(99,314)	(175,557)
Cash flows from investing activities
Purchases of property and equipment	(1,899)	(375)
Sale of property and equipment	0	11
Capitalization of internal use software	(8,813)	(12,875)
Purchase of intangible assets	(540)	(2,899)
Net cash used in investing activities	(11,252)	(16,138)
Cash flows from financing activities
Proceeds from the issuance of common stock, net of offering costs	43,330	116,890
Redemption of non-controlling interest	0	(2,147)
Repurchase of convertible notes	(26,557)	0
Vested restricted stock units settled for cash	(181)	(125)
Payments for financing costs	(4,682)	0
Proceeds from exercise of stock options	3	259
Repayments of notes payable and long-term borrowings	(449)	(335)
Net cash provided by financing activities	11,464	114,542
Net decrease in cash, cash equivalents and restricted cash	(99,102)	(77,153)
Cash, cash equivalents and restricted cash at beginning of period	251,420	343,226
Cash, cash equivalents and restricted cash at end of period	152,318	266,073
Supplemental disclosure of cash flows information:
Interest paid	14,627	13,120
Income taxes paid	190	190
Non-cash financing and investing activities:
Accrued expenses - issuance of common stock	34	6
Accounts payable - purchases of property and equipment	0	403
Accounts payable - purchases of intangible assets	$ 0	$ 693

Organization and Nature of Busi

Organization and Nature of Business	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Organization and Nature of Business	Organization and Nature of Business Incorporation fuboTV Inc. (“Fubo” or the “Company”) was incorporated under the laws of the State of Florida in February 2009 under the name York Entertainment, Inc. The Company changed its name to FaceBank Group, Inc. on September 30, 2019. On August 10, 2020, the Company changed its name to fuboTV Inc. and as of May 1, 2020, the Company’s trading symbol was changed from “FBNK” to “FUBO.” The Company’s common stock was approved for listing on the New York Stock Exchange (“NYSE”) in connection with a public offering in October 2020 and commenced trading on the NYSE on October 8, 2020. Unless the context otherwise requires, “Fubo,” “we,” “us,” “our,” and the “Company” refers to the Company and its subsidiaries on a consolidated basis. Nature of Business The Company is principally focused on offering consumers a leading live TV streaming platform for sports, news, and entertainment through its streaming platform. The Company’s revenues are almost entirely derived from the sale of subscription services and the sale of advertisements in the United States, though the Company has expanded into several international markets, with operations in Canada, Spain and France. The Company’s subscription-based streaming services are offered to consumers who can sign-up for accounts through which the Company provides basic plans with the flexibility for consumers to purchase incremental features that include additional content or enhanced functionality best suited for them. Besides the website, consumers can also sign-up via some TV-connected devices. The Fubo platform provides 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	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity, Going Concern and Management Plans	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 and cash equivalents and restricted cash of $152.3 million (excluding discontinued operations), a working capital deficit (excluding discontinued operations) of $218.2 million and an accumulated deficit of $1,979.2 million as of September 30, 2024. The Company incurred a net loss from continuing operations of $54.7 million and $136.8 million for the three and nine months ended September 30, 2024, respectively. Since inception, the Company’s operations have been financed primarily through the sale of equity and debt securities. The Company has incurred losses from operations and negative cash flows from operating activities since inception and expects to incur substantial losses. As discussed further in Note 12, during the nine months ended September 30, 2024, the Company received net proceeds of approximately $43.3 million (after deducting $1.0 million in commissions and expenses) from sale of 33,218,851 shares of its common stock, at a weighted average gross sales price of $1.33 per share pursuant to an at-the-market sales agreement with its sales agents. As discussed further in Note 10, during the nine months ended September 30, 2024, the Company completed the repurchase of $46.9 million principal amount of the 2026 Convertible Notes for $27.1 million, including accrued interest. The Company believes that its current cash and cash equivalents provide it with the necessary liquidity to continue as a going concern for at least one year from the date of issuance of these financial statements. Our future capital requirements and the adequacy of our available funds will depend on many factors, including our ability to successfully attract and retain subscribers and compete in a rapidly changing market with many competitors, actions by certain competitors that we assert are anticompetitive (see Note 13), and our ability to repay or restructure our outstanding debt upon or prior to their maturities, including the 2026 Convertible Notes which will mature on February 15, 2026 (see Note 10). In addition to the foregoing, the Company cannot predict the potential impact on its development timelines, revenue levels and its liquidity due to macroeconomic factors, including inflationary cost pressures and potential recession indicators, which depend on factors beyond the Company's knowledge or control. Based upon the Company’s current assessment, it does not expect the impact of macroeconomic factors to materially impact the Company’s operations. However, the Company is continuing to assess the impact that the macroeconomic factors may have on its operations, financial condition and liquidity.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation The Company’s consolidated financial statements include the accounts of the Company and the accounts of the Company’s wholly-owned subsidiaries, its non-wholly owned subsidiaries where the Company has a controlling interest and variable interest entities ("VIE") formed in connection with the Company's collaboration with Maximum Effort, defined below, on the launch and distribution of the Maximum Effort Channel, and production and development of original programming (the "MEC Entities"). Generally accepted accounting principles require that if an entity is the primary beneficiary of a VIE, the entity should consolidate the assets, liabilities and results of operations of the VIE in its consolidated financial statements. The primary beneficiary is the party that has both of the following: (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb the losses or rights to receive the benefits of the entity that could potentially be significant to the VIE. The Company considers itself to be the primary beneficiary of the MEC Entities and accordingly, has consolidated these entities since their formation in 2023, with the equity interests of the unaffiliated investors presented as non-controlling interests in the accompanying condensed consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. At September 30, 2024 and December 31, 2023, total assets of the consolidated VIE were $9.4 million and $13.5 million, respectively, and total liabilities of the consolidated VIE were $42.3 thousand and $3.0 million, respectively, and are reflected in the Company's consolidated balance sheets. The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP” or “U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments considered necessary for a fair presentation of such interim results. Unless otherwise indicated, amounts provided in these notes pertain to continuing operations only (see Note 4 for information on discontinued operations). The results for the unaudited condensed consolidated statement of operations and comprehensive loss are not necessarily indicative of results to be expected for the year ending December 31, 2024 or for any future interim period. The condensed consolidated balance sheet as of December 31, 2023 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, 2023 and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 4, 2024. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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. Management bases its estimates on historical experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates. Those estimates and assumptions include useful lives of property and equipment and intangible assets, recoverability of goodwill and intangible assets, accruals for contingent liabilities, equity instruments issued in share-based payment arrangements, and accounting for income taxes, including the valuation allowance on deferred tax assets. Cash, Cash Equivalents and Restricted Cash The Company considers all highly liquid investments with remaining maturities at the date of purchase of three months or less to be cash equivalents, including balances held in the Company’s money market accounts. Restricted cash primarily represents cash on deposit with financial institutions in support of a letter of credit outstanding in favor of the Company’s landlord for office space. The restricted cash balance has been excluded from the cash balance and is classified as restricted cash on the condensed consolidated balance sheets. The following table provides a reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets that sum to the total of the same on the condensed consolidated statement of cash flows (in thousands): September 30, 2024 December 31, 2023 Cash and cash equivalents $ 146,175 $ 245,278 Restricted cash 6,143 6,142 Total cash, cash equivalents and restricted cash $ 152,318 $ 251,420 Certain Risks and Concentrations Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of demand deposits and accounts receivable. The Company maintains cash deposits with financial institutions that at times exceed applicable insurance limits. The majority of the Company’s software and computer systems utilize data processing, storage capabilities and other services provided by Google Cloud Platform and Amazon Web Services, which cannot be easily switched to another cloud service provider. As such, any disruption of the Company’s interference with Google Cloud Platform and Amazon Web Services could adversely impact the Company’s operations and business. Segment and Reporting Unit Information Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is determined to be the CODM. The CODM reviews financial information and makes resource allocation decisions at the consolidated group level. The Company has one operating segment as of September 30, 2024, the streaming business. Significant Accounting Policies For a detailed discussion of the Company’s significant accounting policies, see Note 3 to the consolidated financial statements for the year ended December 31, 2023, included in the Company’s Annual Report. Net Loss Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. The following table presents the calculation of basic and diluted net loss per share (in thousands, except shares and per share data): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Basic loss per share: Net loss from continuing operations $ (54,684) $ (84,485) $ (136,846) $ (222,062) Less: net loss attributable to non-controlling interest 425 5 1,454 26 Net loss from continuing operations available to common shareholders (54,259) (84,480) (135,392) (222,036) Net income from discontinued operations, net of tax 1,836 669 1,687 4,672 Net loss attributable to common shareholders $ (52,423) $ (83,811) $ (133,705) $ (217,364) Shares used in computation: Weighted-average common shares outstanding 331,582,813 292,693,961 314,126,997 270,078,947 Basic and diluted loss per share from continuing operations $ (0.17) $ (0.29) $ (0.44) $ (0.82) Basic and diluted income per share from discontinued operations $ 0.01 $ — $ 0.01 $ 0.02 Basic and diluted loss per share $ (0.16) $ (0.29) $ (0.43) $ (0.80) The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: September 30, 2024 2023 Warrants to purchase common stock 166,670 166,670 Stock options 18,846,277 19,103,190 Unvested restricted stock units 22,284,523 14,090,914 Convertible notes variable settlement feature 48,771,938 6,966,078 Total 90,069,408 40,326,852 Recently Issued Accounting Standards The Company continually assesses any new accounting pronouncements to determine their applicability. When it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequences of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financial statements properly reflect the change. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU requires disclosures to include significant segment expenses that are regularly provided to the chief operating decision maker, among other provisions. The ASU is effective for fiscal year periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and the ASU requires retrospective application to all prior periods presented in the financial statements. The Company is currently evaluating the standard to determine the impact of adoption to its consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures to enhance the transparency and decision usefulness of income tax disclosures. The ASU primarily enhances and expands both the income tax rate reconciliation disclosure and the income taxes paid disclosure. The amendments in ASU 2023-09 address investor requests for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. Early adoption is permitted. A public entity should apply the amendments in ASU 2023-09 prospectively to all annual periods beginning after December 15, 2024. The Company is currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Dissolution of Fubo Gaming On October 17, 2022, the Company dissolved its wholly owned subsidiary Fubo Gaming Inc. ("Fubo Gaming"). In connection with the dissolution of Fubo Gaming, the Company concurrently ceased operation of Fubo Sportsbook. Net income from Fubo Gaming's discontinued operations consists of the following for the three and nine months ended September 30, 2024 and 2023 (in thousands): For the Three Months Ended Nine Months Ended 2024 2023 2024 2023 Revenues Wagering $ — $ — $ — $ — Total revenues — — — — Operating expenses Sales and marketing — — — (59) Technology and development — — — 17 General and administrative (4) 196 275 942 Depreciation and amortization — 158 — 158 Gain on extinguishment of liabilities (1,832) (1,030) (1,962) (5,770) Impairment of goodwill, intangible assets, and other long-lived assets, net — 7 — 40 Total operating expenses (1,836) (669) (1,687) (4,672) Operating income 1,836 669 1,687 4,672 Net income from discontinued operations before income taxes 1,836 669 1,687 4,672 Income tax benefit — — — — Net income from discontinued operations 1,836 669 1,687 4,672 As of September 30, 2024, the balance sheet of discontinued operations consisted primarily of other current liabilities of $15.0 million primarily related to contract termination costs. As of December 31, 2023, the balance sheet of discontinued operations consisted primarily of accounts payable, accrued expenses and other current liabilities of $19.6 million, primarily related to contract termination costs.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Disaggregated revenue The following tables summarize subscription revenue and advertising revenue by region for the three and nine months ended September 30, 2024 and 2023 (in thousands): Subscription Three Months Ended Nine Months Ended 2024 2023 2024 2023 United States and Canada (North America) $ 347,879 $ 281,515 $ 1,068,336 $ 855,861 Rest of world 8,696 8,108 24,889 23,631 Total subscription revenues $ 356,575 $ 289,623 $ 1,093,225 $ 879,492 Advertising Three Months Ended Nine Months Ended 2024 2023 2024 2023 United States and Canada (North America) $ 26,853 $ 30,307 $ 80,106 $ 75,642 Rest of world 201 285 702 741 Total advertising revenues $ 27,054 $ 30,592 $ 80,808 $ 76,383 Contract balances For the three and nine months ended September 30, 2024 and 2023, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of September 30, 2024 and December 31, 2023. The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of September 30, 2024, and December 31, 2023, the Company’s contract liabilities totaled approximately $103.1 million and $90.2 million, respectively, and are recorded as deferred revenue on the accompanying condensed consolidated balance sheets. Transaction price allocated to remaining performance obligations The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.

Property and equipment, net

Property and equipment, net	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and equipment, net	Property and equipment, net The table below summarizes the Company’s property and equipment, net at September 30, 2024 and December 31, 2023 (in thousands): Useful Life September 30, 2024 December 31, 2023 Furniture and fixtures 5 $ 538 $ 532 Computer equipment 3-5 5,816 3,949 Leasehold improvements Term of lease 5,328 5,302 11,682 9,783 Less: Accumulated depreciation (6,049) (4,948) Total property and equipment, net $ 5,633 $ 4,835 Depreciation expense totaled approximately $0.4 million and $0.3 million for the three months ended September 30, 2024 and 2023, respectively. Depreciation expense totaled approximately $1.1 million and $1.1 million for the nine months ended September 30, 2024 and 2023, respectively.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	Intangible Assets and Goodwill Intangible Assets The tables below summarize the Company’s intangible assets at September 30, 2024 and December 31, 2023 (in thousands): Useful Weighted September 30, 2024 Intangible Assets Accumulated Amortization Net Balance Trade names 2 - 9 4.4 38,867 (19,768) 19,099 Capitalized internal use software 3 1.8 34,583 (13,205) 21,378 Software and technology 3 - 9 4.4 196,232 (96,916) 99,316 Total $ 269,682 $ (129,889) $ 139,793 Useful Weighted December 31, 2023 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 0.0 $ 32,729 $ (32,729) $ — Trade names 2 - 9 5.2 38,859 (16,578) 22,281 Capitalized internal use software 3 2.3 25,770 (5,893) 19,877 Software and technology 3 - 9 5.1 196,136 (79,846) 116,290 Total $ 293,494 $ (135,046) $ 158,448 The intangible assets are being amortized over their respective original useful lives, which range from two The estimated future amortization expense associated with intangible assets, net is as follows (in thousands): Year ended December 31, Future Amortization 2024 $ 9,589 2025 36,600 2026 34,216 2027 28,157 2028 25,122 Thereafter 6,109 Total $ 139,793 Goodwill The following table is a summary of the changes to goodwill for the nine months ended September 30, 2024 (in thousands): Balance - December 31, 2023 $ 622,818 Foreign currency translation adjustment 1,530 Balance - September 30, 2024 $ 624,348 Since December 31, 2023, the Company experienced sustained decreases in its stock price and market capitalization. As a result, the Company conducted an impairment test of its goodwill and long-lived assets as of March 31, 2024. The Company estimated the fair value by weighting results from a market approach and an income approach. Significant assumptions inherent in the valuation methodologies included, but are not limited to, prospective financial information (including revenue growth and subscriber related expenses), a long-term growth rate, discount rate, and comparable multiples from publicly-traded companies in the same industry. The results of the impairment test showed that the fair value was in excess of its carrying value. During the three months ended September 30, 2024, the Company determined there were no triggering events that could potentially cause the fair value of the Company to fall below carrying value. As of September 30, 2024, goodwill includes an accumulated impairment charge of $148.1 million.

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses, and Other Liabilities	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accounts Payable, Accrued Expenses, and Other Liabilities	Accounts Payable, Accrued Expenses, and Other Liabilities Accounts payable, accrued expenses, and other liabilities are presented below (in thousands): September 30, 2024 December 31, 2023 Affiliate fees $ 244,453 $ 266,089 Broadcasting and transmission 11,648 13,097 Selling and marketing 30,745 33,925 Accrued compensation 14,601 13,218 Legal and professional fees 10,923 3,672 Sales tax 47,267 42,590 Accrued interest 3,064 4,671 Subscriber related 1,576 1,624 Shares settled liability 7,746 5,131 Other 9,737 11,970 Total $ 381,760 $ 395,987

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table presents income tax (provision) benefit for income taxes (in thousands, except for effective tax rate): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Income tax (provision) benefit (195) 247 (407) 482 Effective tax rate (0.36) % 0.29 % (0.30) % 0.22 % The Company’s effective tax rates on continuing operations were lower than the U.S. statutory rate of 21% as no tax benefit was provided on current year operating losses primarily due to valuation allowances recorded against certain of the Company’s deferred tax assets.

Notes Payable, Long-Term Borrow

Notes Payable, Long-Term Borrowing, and Convertible Notes	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Notes Payable, Long-Term Borrowing, and Convertible Notes	Notes Payable, Long-Term Borrowing, and Convertible Notes Notes payable, long-term borrowing, and convertible notes as of September 30, 2024 and December 31, 2023 consist of the following (in thousands, except stated interest rate): Note Stated Interest Rate Principal Balance Capitalized Interest Debt Premium (Discount) September 30, 2026 Convertible Notes 3.25% $ 144,765 $ — $ (1,376) $ 143,389 2029 Convertible Notes 7.5% 177,506 — 11,843 $ 189,349 Note payable 10.0% 2,700 4,103 — 6,803 Bpifrance 2.25% 1,117 — — 1,117 Other 4.0% 30 9 — 39 $ 326,118 $ 4,112 $ 10,467 $ 340,697 Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2026 Convertible Notes 3.25% $ 397,500 $ — $ (5,752) $ 391,748 Note payable 10.0% 2,700 3,585 — $ 6,285 Bpifrance 2.25% 1,612 — — $ 1,612 Other 4.0% 30 8 — 38 $ 401,842 $ 3,593 $ (5,752) $ 399,683 2026 Convertible Notes On February 2, 2021, the Company issued $402.5 million of convertible notes (“2026 Convertible Notes”). The 2026 Convertible Notes bear interest from February 2, 2021, at a rate of 3.25% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, beginning on August 15, 2021. The 2026 Convertible Notes will mature on February 15, 2026, unless earlier converted, redeemed, or repurchased. The net proceeds from this offering were approximately $389.4 million, after deducting a discount and offering expenses of approximately $13.1 million. The Company accounts for the 2026 Convertible Notes under ASU 2020-06 as single liability measured at amortized cost. The Company did not elect the fair value option. The initial equivalent conversion price of the 2026 Convertible Notes was $57.78 per share of the Company’s common stock. Holders may convert their 2026 Convertible Notes on or after November 15, 2025, until the close of business on the second business day preceding the maturity date or prior to November 15, 2025 under certain circumstances including: (i) during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ended on March 31, 2021, if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; (ii) during the five-business day period after any five consecutive trading day period in which the trading price for each trading day of such five consecutive trading day period was less than 98% of the product of the last reported sale price of the Company’s common stock and the conversion rate on each such trading day; (iii) if the Company calls any or all of the 2026 Convertible Notes for redemption, at any time prior to the close of business on the second scheduled trading day immediately preceding the redemption date; or (iv) upon the occurrence of specified corporate events. The Company may also redeem all or any portion of the 2026 Convertible Notes after February 20, 2024 if the last reported sale price of the Company’s common stock has been at least 130% of the conversion price then in effect for at least 20 trading days during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the 2026 Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. Upon conversion, the Company can elect to deliver cash or shares or a combination of cash or shares. If the Company undergoes a fundamental change (as defined in the Indenture), subject to certain conditions, holders of the 2026 Convertible Notes may require the Company to repurchase for cash all or any portion of their 2026 Convertible Notes at a repurchase price equal to 100% of the principal amount of the 2026 Convertible Notes plus any accrued and unpaid interest. In addition, if a corporate event (as defined in the Indenture) occurs prior to the maturity date or if the Company issues a notice of redemption, the Company may be required increase the conversion rate by a pre-defined amount for any holder who elects to convert their 2026 Convertible Notes in connection with such a corporate event. During the nine months ended September 30, 2024, the Company completed the repurchase of $46.9 million principal amount of the 2026 Convertible Notes with a net book value of $46.4 million for $26.6 million resulting in a gain of $19.8 million and is included in gain on extinguishment of debt in the condensed consolidated statements of operations and comprehensive loss. During the three months ended September 30, 2024 and 2023, the Company paid approximately $2.6 million and $6.5 million of interest expense, respectively, in connection with the 2026 Convertible Notes. During the three months ended September 30, 2024 and 2023, the Company recorded amortization expense of $0.2 million and $0.7 million, respectively, included in amortization of debt premium (discount), net in the condensed consolidated statements of operations and comprehensive loss. During the nine months ended September 30, 2024 and 2023, the Company paid approximately $6.0 million and $13.1 million of interest expense, respectively, in connection with the 2026 Convertible Notes and recorded amortization expense of $0.9 million and $1.9 million, respectively, included in amortization of debt premium (discount), net in the condensed consolidated statements of operations and comprehensive loss. As of September 30, 2024, following the Exchange (defined below) and the repurchase described above, there is $144.8 million aggregate principal amount of 2026 Convertible Notes outstanding. The fair value (Level 2) of the 2026 Convertible Notes was $109.3 million and $288.2 million as of September 30, 2024 and December 31, 2023, respectively. 2029 Convertible Notes On December 29, 2023, the Company entered into a privately negotiated exchange agreement with certain affiliates and related funds of Mudrick Capital Management, L.P., which were holders of its existing 2026 Convertible Notes, to exchange $205.8 million principal amount of the 2026 Convertible Notes for $177.5 million in aggregate principal amount of the Company’s new convertible senior secured notes due 2029 (the “2029 Convertible Notes”), subject to customary closing conditions (the "Exchange"). The Exchange closed on January 2, 2024, when the 2029 Convertible Notes were issued pursuant to, and are governed by, an indenture, dated as of January 2, 2024, among the Company, the guarantors identified therein and U.S. Bank Trust Company, National Association, as trustee and collateral agent. At our election for any interest period, the 2029 Convertible Notes will bear interest at a rate of (i) 7.5% per annum on the principal amount thereof if interest is paid in cash and (ii) 10.0% per annum on the principal amount thereof if interest is paid in kind, in each case payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2024. The 2029 Convertible Notes will mature on February 15, 2029, unless earlier converted or repurchased. The initial conversion rate of the 2029 Convertible Notes is 260.6474 shares of common stock per $1,000 principal amount of 2029 Convertible Notes, which represents an initial conversion price of approximately $3.84 per share of common stock. Holders may convert their 2029 Convertible Notes at their option in the following circumstances: (i) during any calendar quarter commencing after the calendar quarter ending on March 31, 2024 (and only during such calendar quarter), if the last reported sale price per share of common stock is greater than or equal to 130% of the conversion price for each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter; (ii) during the five five five (iii) upon the occurrence of certain corporate events or distributions on the Company’s common stock, as provided in the Indenture; and (iv) on or after November 15, 2028 until the close of business on the second scheduled trading day immediately before the Maturity Date. The Company may cause all outstanding 2029 Convertible Notes to be automatically converted, subject to certain conditions, if, at any time on or after January 2, 2025, the last reported sale price of the Company’s common stock has been at least 200% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period, the last of which 20 trading days is no more than 10 trading days before the date that the Company provides the notice of forced conversion. Upon the occurrence of a fundamental change (as defined in the Indenture), holders of the 2029 Convertible Notes may require the Company to repurchase their 2029 Convertible Notes at a cash repurchase price equal to the principal amount of the 2029 Convertible Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the fundamental change repurchase date. The definition of fundamental change includes certain business combination transactions involving the Company and certain de-listing events with respect to the Company’s common stock. The 2029 Convertible Notes were initially recorded at fair value. The Company recognized the difference between the fair value of the 2029 Convertible Notes and the carrying value of the exchanged 2026 Convertible Notes as a gain on the extinguishment debt. The Company incurred $4.2 million of financing costs that have been capitalized on the balance sheet and are being amortized over the life of the 2029 Convertible Notes. During the three months ended September 30, 2024, the Company paid $6.7 million of interest expense and recorded income of $0.6 million included in amortization of debt premium (discount), net in the condensed consolidated statements of operations and comprehensive loss. During the nine months ended September 30, 2024, the Company paid approximately $8.2 million of interest expense in connection with the 2029 Convertible Notes and recorded amortization income of $1.7 million included in amortization of debt premium (discount), net in the condensed consolidated statements of operations and comprehensive loss. The fair value (Level 2) of the 2029 Convertible Notes was $166.3 million as of September 30, 2024. Note payable The Company has recognized, through the consolidation of its subsidiary Evolution AI Corporation (“EAI”), a $2.7 million note payable bearing interest at the rate of 10% per annum that was due on October 1, 2018 (“CAM Digital Note”). The cumulative accrued interest on the CAM Digital Note amounts to $3.6 million. The CAM Digital Note is currently in a default condition due to non-payment of principal and interest. The outstanding balance as of September 30, 2024 and December 31, 2023, including interest and penalties, is $6.8 million and $6.3 million, respectively, and is included in notes payable on the accompanying condensed consolidated balance sheets. Bpifrance In December 2021, the Company assumed through the acquisition of Molotov, $3.7 million in notes bearing interest rates of 2.25% per annum. During the nine months ended September 30, 2024 and 2023, the Company made principal payments of $0.5 million. As of September 30, 2024 and December 31, 2023, the principal balance totaled approximately $1.1 million and $1.6 million, respectively, and is included in long-term borrowings-current portion on the accompanying condensed consolidated balance sheets. Other The Company assumed, through the consolidation of its subsidiary EAI, a $30,000 note payable due to a relative of the former Chief Executive Officer, John Textor bearing interest at the rate of 4.0% per annum. As of September 30, 2024 and December 31, 2023, the principal balance and accrued interest totaled approximately $39,000 and $38,000, respectively, and is included in notes payable on the accompanying condensed consolidated balance sheets.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company’s assets measured at fair value on a recurring basis consisted of the following as of September 30, 2024, and December 31, 2023 (in thousands): Fair value measured at September 30, 2024 Quoted Significant Significant Total Financial assets at fair value: Cash and cash equivalents Money market securities and time deposits $ 112,669 $ — $ — $ 112,669 Total financial assets at fair value $ 112,669 $ — $ — $ 112,669 Fair value measured at December 31, 2023 Quoted Significant Significant Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 205,074 $ — $ — $ 205,074 Total financial assets at fair value $ 205,074 $ — $ — $ 205,074 There were no liabilities from continuing operations measured at fair value as of September 30, 2024 and December 31, 2023.

Shareholders_ Equity

Shareholders’ Equity	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Shareholders’ Equity	Shareholders’ Equity At-the-Market Sales Agreement On August 4, 2022, the Company entered into an at-the-market sales agreement (the "Sales Agreement") with Evercore Group L.L.C., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Needham & Company, LLC, as sales agents (the “managers”) pursuant to which the Company may, from time to time, sell shares of its common stock having an aggregate offering price of up to $350.0 million through the managers by methods deemed to be an “at-the-market” offering as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended. The Company will pay the managers a commission for their services in acting as agents in the sale of common stock at a commission rate of up to 3% of the gross sales price of the shares of the Company’s common stock sold through them pursuant to the Sales Agreement. The Company is not obligated to, and cannot provide any assurances that it will, make any sales of the shares under the Sales Agreement. The offering of shares of common stock pursuant to the Sales Agreement will terminate upon the earlier of (i) the sale of all common stock subject to the Sales Agreement or (ii) termination of the Sales Agreement in accordance with its terms. During the nine months ended September 30, 2024, the Company sold 33,218,851 shares of its common stock under the ATM Program at a weighted average gross sales price of $1.33 and received net proceeds of approximately $43.3 million (after deducting $1.0 million in commissions and expenses). As of September 30, 2024 , there was $112.0 million remaining available for sale under the Sales Agreement. Stock-based compensation During the three and nine months ended September 30, 2024 and 2023, the Company recognized stock-based compensation expense as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Subscriber related $ 80 $ 38 $ 238 $ 147 Sales and marketing 4,047 5,915 13,424 18,578 Technology and development 2,679 2,901 9,188 8,923 General and administrative 2,518 3,853 9,759 11,803 $ 9,324 $ 12,707 $ 32,609 $ 39,451 Equity Incentive Plans On April 1, 2020, the Company approved the establishment of the Company’s 2020 Equity Incentive Plan, as subsequently amended (the “2020 Plan”). The 2020 Plan provides for the grant of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares to its employees, directors and consultants. On June 17, 2024, the Company further amended the 2020 Plan to, among other things, increase the maximum aggregate number of shares of common stock available for issuance under the 2020 Plan by 20,000,000 shares. As of September 30, 2024, there are 25,166,209 shares available for future issuance under the 2020 Plan. On August 3, 2022, August 7, 2023, and August 5, 2024, the Company's board of directors (the "Board") adopted the 2022 Employment Inducement Equity Incentive Plan ("2022 Plan"), the 2023 Employment Inducement Equity Incentive Plan ("2023 Plan") and the 2024 Employment Inducement Equity Incentive Plan (the “2024 Plan” and, collectively, the "Inducement Plans"), respectively, in each case without shareholder approval pursuant to Rule 303A.08 of the New York Stock Exchange Listed Company Manual. The Inducement Plans provide for the grant of equity-based awards, including non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares, and their terms are substantially similar to the 2020 Plan, with the exception that awards can only be made to new employees in connection with their commencement of employment. As of September 30, 2024, there are no shares available for future issuance under the 2022 Plan and 2023 Plan, and there are 2,924,488 shares available for future issuance under the 2024 Plan. Time-Based Stock Options A summary of time-based stock option activity for the nine months ended September 30, 2024 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 10,475,607 $ 6.31 $ 6,534 5.3 Exercised (4,042) $ 0.87 Forfeited or expired (178,585) $ 12.72 Outstanding as of September 30, 2024 10,292,980 $ 6.20 $ 1,254 4.6 Options vested and exercisable as of September 30, 2024 9,702,174 $ 6.46 $ 1,254 4.5 There were no options granted during the three and nine months ended September 30, 2024. The fair value of each stock option grant is determined on the date of grant using the Black-Scholes option pricing model. The following assumptions were used in determining the fair value of stock options granted during the nine months ended September 30, 2023: Dividend yield — Expected price volatility 49.8% Risk free interest rate 3.9% Expected term (years) 6.0 years As of September 30, 2024, the estimated value of unrecognized stock-based compensation expense related to unvested options was approximately $0.5 million to be recognized over a weighted average period of 2.1 years. Market and Service Condition Based Stock Options A summary of activity under the 2020 Plan for market and service-based stock options for the nine months ended September 30, 2024 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 4,453,297 $ 12.75 $ — 3.7 Outstanding as of September 30, 2024 4,453,297 $ 12.75 $ — 2.9 Options vested and exercisable as of September 30, 2024 3,994,964 $ 11.96 $ — 2.8 There were no market and service-based options granted during the nine months ended September 30, 2024 and 2023. As of September 30, 2024, there was no unrecognized stock-based compensation expense for market and service-based stock options. Performance-Based Stock Options On October 8, 2020, the Company granted the CEO a performance stock option to purchase 4,100,000 shares of common stock, with an exercise price of $10.00, which was originally eligible to vest over a period of five Time-Based Restricted Stock Units A summary of the Company’s time-based restricted stock unit activity during the nine months ended September 30, 2024 is as follows: Number of Shares Weighted Average Grant-Date Unvested at December 31, 2023 20,313,775 $ 3.85 Granted 2,977,651 $ 1.50 Vested (1,654,577) $ 4.17 Forfeited or expired (2,145,370) $ 4.75 Unvested at September 30, 2024 19,491,479 $ 3.36 During the nine months ended September 30, 2024, the Company granted 2,977,651 time-based restricted stock units which generally vest annually over one-year (in the case annual grants to directors) to four-year (in the case grants to employees) periods, subject to the recipient’s continuation in service through each applicable vesting date. The fair value of restricted stock units is measured based on their fair value at grant date which totaled approximately $4.5 million. As of September 30, 2024, the unrecognized stock-based compensation related to time-based restricted stock units totaled $47.6 million, had an aggregate intrinsic value of approximately $27.7 million, and a weighted average remaining contractual term of 2.5 years. Performance-Based Restricted Stock Units ("PRSU") A summary of the Company’s performance-based restricted stock unit activity during the nine months ended September 30, 2024 is as follows: Number of Shares Weighted Average Grant-Date Unvested at December 31, 2023 2,035,834 $ 20.23 Granted 947,035 $ 1.55 Forfeited (189,825) $ 3.26 Unvested at September 30, 2024 2,793,044 $ 15.05 On November 3, 2021, the Company granted 1.9 million performance-based restricted stock units (“PRSUs”) to the Chief Operating Officer ("COO") of the Company, which were eligible to vest over a period of five On May 9, 2023, the Company granted PRSUs to the Company's CEO (the "CEO PRSUs"), which are eligible to vest on the Certification Date, with 730,338 shares being earned at target performance and up to 1,095,507 shares being earned at maximum performance. The number of PRSUs eligible to vest will be determined based upon the achievement of annual performance-based vesting conditions for the 2023, 2024, and 2025 calendar years. The Company accounts for the PRSUs as three separate awards each with a requisite service period beginning on January 1st of the applicable year. For the first and second performance period, the Company defined the performance targets as adjusted EBITDA, revenue, and the number of subscribers, and determined the grant date was June 15, 2023 and March 25, 2024, respectively. The Company's Board will define the performance criteria for the third performance period no later than March 15, 2025 (the grant date of the third tranche). Any PRSUs that are eligible to vest based on performance relative to the pre-determined annual performance objectives will vest on the Certification Date. The PRSUs are subject to acceleration upon certain events and conditions, including a change of control and qualifying termination, and upon death, disability, and certain “good leaver” circumstances. Compensation cost related to the target PRSUs will be recognized over the requisite service period based on the probability of achievement of certain performance thresholds. The fair value of the PRSUs is measured based on their grant date fair value which totaled $0.7 million and $0.4 million for the first and second performance period, respectively. On November 20, 2023, the Company granted an aggregate of 569,475 PRSUs to various executive employees, which are eligible to vest on the Certification Date, subject to the achievement of predetermined revenue, Adjusted EBITDA and subscribers objectives (the “Performance Criteria”) for the year ended December 31, 2025. Compensation cost related to the unvested PRSUs will be recognized over the requisite service period for the new award beginning on the grant date and ending on the Certification Date based on the probability of achievement of the Performance Criteria. The fair value of the PRSUs totaled $1.9 million. During the nine months ended September 30, 2024, 189,825 shares were forfeited. As of September 30, 2024, the unrecognized stock-based compensation totaled $0.8 million. On April 4, 2024, the Company granted PRSUs to the Company's CEO, which are eligible to vest on February 20, 2027 (the "2027 Certification Date"), with 1,851,852 shares being earned at target performance and up to 2,777,778 shares being earned at maximum performance. The number of PRSUs eligible to vest will be determined based upon the achievement of annual performance-based vesting conditions for the 2024, 2025, and 2026 calendar years. The Company accounts for the PRSUs as three separate awards each with a requisite service period beginning on January 1st of the applicable year. For the first performance period, the Company has defined the performance targets as adjusted EBITDA, revenue, and the number of subscribers, and determined the grant date was April 4, 2024, respectively. The Company's Board will define the performance criteria for the second and third performance period no later than March 15, 2025 and 2026 (the grant date). Any PRSUs that are eligible to vest based on performance relative to the pre-determined annual performance objectives will vest on the 2027 Certification Date. The PRSUs are subject to acceleration upon certain events and conditions, including a change of control and qualifying termination, and upon death, disability, and certain “good leaver” circumstances. Compensation cost related to the target PRSUs will be recognized over the requisite service period based on the probability of achievement of certain performance thresholds. The fair value of the PRSUs is measured based on their grant date fair value which totaled $1.0 million for the first performance period. Framework Agreement with MEP FTV On August 2, 2022 (the "MEP Effective Date"), Fubo Studios Inc., a subsidiary of the Company, entered into a binding framework agreement (the “MEP Framework Agreement”) with MEP FTV Holdings, LLC (“MEP FTV”) and Maximum Effort Productions, LLC. (“MEP” and, together with MEP FTV, “Maximum Effort”), memorializing the parties’ collaboration on a Maximum Effort linear channel and original programming for launch on Fubo. Pursuant to the MEP Framework Agreement, the Company and Maximum Effort agreed to work together to (1) develop scripted and unscripted television programs intended for initial distribution on Fubo’s platform (the “MEP Projects”) and (2) create a new television channel with unique content, features and functionality (the “MEP Network”). In connection with the MEP Framework Agreement, as consideration for Maximum Effort’s participation in the collaboration, the Company entered into a Restricted Stock Award Agreement dated August 12, 2022 (the “MEP RSA Agreement”) pursuant to which it has agreed to grant restricted common stock, issuable in three tranches in each of August 2022, 2023 and 2024, to MEP FTV, subject to various time and performance-based milestones. Under the MEP RSA Agreement, 80% of the restricted stock is consideration for the MEP Projects and 20% for the MEP Network. Stock-based compensation cost for MEP Project restricted stock awards (the "MEP Project RSAs") totaling approximately $23.0 million measured as the fair value of the 1,600,000 shares issued for the first tranche issued on August 12, 2022, at $7.0 million, plus the fixed monetary amount of $8.0 million settleable in shares on August 2, 2023, and the fixed monetary amount of $8.0 million, settleable in shares on August 2, 2024. Compensation cost will be recognized on a straight-line basis over the term of the three-year service period as if the Company paid cash for the services. The second two tranches are liability classified because they are a fixed monetary amount, settleable in shares. As compensation cost is recognized for these tranches, a corresponding credit to shares settled liabilities will be recorded and reclassified to equity upon issuance of the related shares. Stock-based compensation cost for the MEP Network RSAs totaling approximately $5.7 million is measured as the fair value of the 400,000 shares issued for the first tranche issued on August 12, 2022, at $1.7 million, plus the fixed monetary amount of $2.0 million, settleable in shares on August 2, 2023, plus the fixed monetary amount of $2.0 million, settleable in shares on August 2, 2024. The Network RSAs were subject to forfeiture until launch of the MEP Network which occurred in June 2023. The Company will recognize the total fair value of $5.7 million ratably over the two-year period. Because shares of the Company’s common stock will be issued as consideration for the MEP Framework Agreement, the Company accounted for the MEP RSA Agreement pursuant to the non-employee guidance in ASC 718, Compensation – Stock Compensation. During the three months ended September 30, 2024 and 2023, in connection with the MEP Framework Agreement, the Company recorded approximately $0.8 million and $1.9 million, respectively, of stock-based compensation expense as a shares settled liability. During the nine months ended September 30, 2024 and 2023, in connection with the MEP Framework Agreement, the Company recorded approximately $2.6 million and $3.7 million, respectively, of stock-based compensation expense as a shares settled liability. As of September 30, 2024 and December 31, 2023, $7.7 million and $5.1 million, respectively, of such shares settled liability is included in accrued expenses and other current liabilities on the consolidated balance sheet. Warrants Pursuant to the MEP Framework Agreement, on August 12, 2022, the Company issued MEP FTV a warrant to acquire 166,667 shares of the Company’s common stock with an exercise price of $15.00 per share. The warrant is exercisable on or prior to August 2, 2032, provided that the price per share of the Company’s common stock equals or exceeds a 30-trading day volume weighted average closing price of $30.00 at any time prior to third anniversary of the grant date. The fair value of the warrant was measured on August 12, 2022, using the Monte Carlo valuation model, and the fair value totaled approximately $0.4 million. The derived service period was determined to be 1.7 years. The expense recognized during the three and nine months ended September 30, 2024 and 2023 was immaterial. There was no unrecognized expense outstanding as of September 30, 2024. A summary of the Company’s outstanding warrants as of September 30, 2024, are presented below (in thousands, except number of shares and exercise price): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 166,670 $ 17.40 $ — 8.6 Outstanding as of September 30, 2024 166,670 $ 17.40 $ — 7.8

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Leases The components of lease expense were as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Operating leases Operating lease cost $ 1,759 $ 1,730 $ 5,288 $ 4,699 Other lease cost 193 52 607 210 Operating lease expense 1,952 1,782 5,895 4,909 Short-term lease rent expense — — — 132 Total rent expense $ 1,952 $ 1,782 $ 5,895 $ 5,041 Supplemental cash flow information related to leases were as follows (in thousands, except term and discount rate): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Operating cash flows from operating leases $ 2,105 $ 1,691 $ 6,308 $ 3,924 Right of use assets exchanged for operating lease liabilities $ — $ — $ — $ 3,062 Weighted average remaining lease term - operating leases 9.6 10.0 9.6 10.0 Weighted average remaining discount rate - operating leases 7.7 % 7.8 % 7.7 % 7.8 % As of September 30, 2024, future minimum payments for the operating leases are as follows (in thousands): Year Ended December 31, 2024 $ 2,096 Year Ended December 31, 2025 7,763 Year Ended December 31, 2026 5,991 Year Ended December 31, 2027 4,831 Year Ended December 31, 2028 4,403 Thereafter 31,737 Total 56,821 Less present value discount (17,357) Operating lease liabilities $ 39,464 Other Contractual Obligations Annual Sponsorship Agreements The Company is a party to several non-cancelable contracts with vendors and licensors for marketing and other strategic partnership related agreements where the Company is obligated to make future minimum payments under the non-cancelable terms of these contracts as follows (in thousands): 2024 $ 813 2025 3,275 2026 3,325 2027 3,425 2028 3,525 Thereafter 12,725 Total $ 27,088 Sports Rights Agreements The Company entered into various sports right agreements to obtain programming rights to certain live sporting events. Future payments under these agreements are as follows (in thousands): 2025 13,748 2026 13,748 2027 13,748 2028 4,583 Total $ 45,827 During the nine months ended September 30, 2024, the Company made upfront payments totaling approximately $26.6 million, which are recorded in prepaid sports rights on the condensed consolidated balance sheets. Contingencies The Company is subject to certain legal proceedings and claims that arise from time to time in the ordinary course of its business, including relating to business practices and patent infringement. Litigation can be expensive and disruptive to normal business operations. Moreover, the results of complex legal proceedings are difficult to predict and the Company’s view of these matters may change in the future as the litigation and events related thereto unfold. When the Company determines that a loss is both probable and reasonably estimable, a liability is recorded and disclosed if the amount is material to the financial statements taken as a whole. When a material loss contingency is only reasonably possible, the Company does not record a liability, but instead discloses the nature and the amount of the claim, and an estimate of the loss or range of loss, if such an estimate can reasonably be made. Legal expenses associated with any contingency are expensed as incurred. The Company is engaged in discussions with certain third parties regarding patent licensing matters. The Company is not able to reasonably estimate whether it will be able to reach an agreement with these parties or the amount of potential licensing fees, if any, it may agree to pay in connection with these discussions, but it is possible that any such amount could be material. Legal Proceedings The Company is, and may in the future be, involved in various legal proceedings arising from the normal course of business activities. Although the results of litigation and claims cannot be predicted with certainty, currently, the Company believes that the likelihood of any material adverse impact on the Company’s consolidated results of operations, cash flows or our financial position for any such litigation or claims is remote. Regardless of the outcome, litigation can have an adverse impact on the Company because of the costs to defend lawsuits, diversion of management resources and other factors. DISH Technologies, LLC, et al. v. fuboTV Media Inc., No. 1:23-cv-00986 (D. Del.) On September 6, 2023, DISH Technologies L.L.C. and Sling TV L.L.C. (collectively, “DISH”) filed a complaint in the District of Delaware alleging that fuboTV Media Inc. (“fuboTV Media”) infringes certain of DISH's patents by streaming video through a fuboTV Media application and seeking damages and injunctive relief. On December 14, 2023, following a series of stipulated extensions, fuboTV Media filed a motion to dismiss the complaint asserting that DISH’s patents are invalid. Briefing on the motion is complete and a hearing was held on March 25, 2024. On May 7, 2024, DISH filed a motion for leave to file a First Amended Complaint to assert more claims. The district court granted this motion on May 21, 2024, and denied-as-moot fuboTV Media’s motion to dismiss. fuboTV Media also filed petitions for inter partes review on all the asserted patents, five of which relate to patents for which the United States Patent Trial and Appeal Board (“PTAB”) has already instituted proceedings, and those are expected to be complete by April 25, 2025. The PTAB will decide whether to institute proceedings on the remaining three patents by December 3, 2024. After filing its inter partes review petitions, fuboTV Media filed a motion to stay the district court case pending resolution of those reviews. The district court granted that motion on August 13, 2024, staying the case until two weeks after the PTAB issues final written decisions on the five already instituted patents and any appeals therefrom, and at least until the institution decisions are due for the remaining three patents. If the PTAB institutes review for the remaining three patents, the stay will remain in place pending resolution of those inter partes reviews, including any appeals therefrom. At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, with respect to this matter. The Company believes it has meritorious defenses and intends to defend itself vigorously in this matter. Fubo Gaming Dissolution Following the dissolution of Fubo Gaming in October 2022, several disputes with commercial partners of Fubo Gaming that alleged breach of applicable agreements have been resolved. Additional allegations or litigation may arise against Fubo Gaming or the Company in the future related to the dissolution of Fubo Gaming, including potential breach of contract claims by other commercial partners of Fubo Gaming or claims seeking to hold the Company responsible for Fubo Gaming’s contractual obligations (on contractual guaranty and other bases). At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, with respect to any such matters. The Company believes it has meritorious defenses and intends to defend itself vigorously in any such matters. FuboTV Inc. and FuboTV Media Inc. vs. The Walt Disney Company, ESPN, Inc., ESPN Enterprises, Inc., Hulu, LLC, Fox Corporation, and Warner Brothers Discovery, Inc. On February 20, 2024, the Company filed a lawsuit in the U.S. District Court for the Southern District of New York asserting federal and state antitrust claims against The Walt Disney Company (“Disney”), ESPN, Inc. and ESPN Enterprises, Inc. (collectively, “ESPN”), Hulu, LLC (“Hulu”), Fox Corporation (“Fox”), and Warner Brothers Discovery, Inc. (“WBD”). The Company's complaint asserts four major categories of claims. First, the complaint alleges that the announced joint venture (the "Network JV") between Disney, WBD, and Fox is unlawful under Section 7 of the Clayton Act and Section 1 of the Sherman Act. Second, the complaint alleges that the “bundling” requirements imposed by Disney, ESPN and Fox constitute unlawful tying and block-booking arrangements under Section 1 of the Sherman Act. Third, the complaint alleges that the Defendants’ use of “most-favored-nation” clauses in their carriage agreements, in combination with other anticompetitive terms, constitute unlawful vertical restraints of trade, in violation of Section 1 of the Sherman Act. Fourth, the complaint alleges that all of this conduct violates New York’s Donnelly Act, N.Y. Gen. Bus. Law § 340, for the same reasons it violates federal antitrust law. The Company’s complaint seeks injunctive relief to stop the proposed Network JV and other practices described above, damages for harm already suffered because of those practices, and other relief. On April 29, 2024, the Company filed an amended complaint, alleging an additional antitrust market but no additional causes of action. On April 8, 2024, the Company filed a motion for preliminary injunction (“PI Motion”) seeking to enjoin the launch of the Network JV pending the outcome of the lawsuit. On August 16, 2024, after a five-day hearing, the district court granted the Company’s PI Motion. On September 16, 2024, Fox moved to transfer certain of the Company’s claims against it to the Central District of California. The Company filed an opposition brief to this motion on October 7, 2024. On September 20, 2024, the Defendants filed their brief in the U.S. Court of Appeals for the Second Circuit, seeking a reversal of the district court’s preliminary injunction order. Six days later, Defendants moved in the district court to dismiss the Company’s amended complaint. On October 25, 2024, the Company filed its brief in the trial court opposing the Defendants’ motions to dismiss. The Company also plans to file an opposition to Defendants’ appeal of the preliminary injunction. Pursuant to the district court’s scheduling order, trial is scheduled to begin on October 6, 2025. At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome, if any. However, the Company believes it has meritorious claims and will continue to pursue its rights vigorously in this matter. Video Privacy Protection Act ("VPPA") Matters

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net loss attributable to common shareholders	$ (52,423)	$ (25,272)	$ (56,010)	$ (83,811)	$ (49,940)	$ (83,613)	$ (133,705)	$ (217,364)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation and Basis of Presentation The Company’s consolidated financial statements include the accounts of the Company and the accounts of the Company’s wholly-owned subsidiaries, its non-wholly owned subsidiaries where the Company has a controlling interest and variable interest entities ("VIE") formed in connection with the Company's collaboration with Maximum Effort, defined below, on the launch and distribution of the Maximum Effort Channel, and production and development of original programming (the "MEC Entities"). Generally accepted accounting principles require that if an entity is the primary beneficiary of a VIE, the entity should consolidate the assets, liabilities and results of operations of the VIE in its consolidated financial statements. The primary beneficiary is the party that has both of the following: (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb the losses or rights to receive the benefits of the entity that could potentially be significant to the VIE. The Company considers itself to be the primary beneficiary of the MEC Entities and accordingly, has consolidated these entities since their formation in 2023, with the equity interests of the unaffiliated investors presented as non-controlling interests in the accompanying condensed consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP” or “U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments considered necessary for a fair presentation of such interim results. Unless otherwise indicated, amounts provided in these notes pertain to continuing operations only (see Note 4 for information on discontinued operations).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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. Management bases its estimates on historical experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates. Those estimates and assumptions include useful lives of property and equipment and intangible assets, recoverability of goodwill and intangible assets, accruals for contingent liabilities, equity instruments issued in share-based payment arrangements, and accounting for income taxes, including the valuation allowance on deferred tax assets.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash The Company considers all highly liquid investments with remaining maturities at the date of purchase of three months or less to be cash equivalents, including balances held in the Company’s money market accounts. Restricted cash primarily represents cash on deposit with financial institutions in support of a letter of credit outstanding in favor of the Company’s landlord for office space. The restricted cash balance has been excluded from the cash balance and is classified as restricted cash on the condensed consolidated balance sheets.
Certain Risks and Concentrations	Certain Risks and Concentrations Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of demand deposits and accounts receivable. The Company maintains cash deposits with financial institutions that at times exceed applicable insurance limits. The majority of the Company’s software and computer systems utilize data processing, storage capabilities and other services provided by Google Cloud Platform and Amazon Web Services, which cannot be easily switched to another cloud service provider. As such, any disruption of the Company’s interference with Google Cloud Platform and Amazon Web Services could adversely impact the Company’s operations and business.
Segment and Reporting Unit Information	Segment and Reporting Unit Information Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is determined to be the CODM. The CODM reviews financial information and makes resource allocation decisions at the consolidated group level. The Company has one operating segment as of September 30, 2024, the streaming business.
Net Loss Per Share	Net Loss Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period.
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Company continually assesses any new accounting pronouncements to determine their applicability. When it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequences of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financial statements properly reflect the change. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU requires disclosures to include significant segment expenses that are regularly provided to the chief operating decision maker, among other provisions. The ASU is effective for fiscal year periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and the ASU requires retrospective application to all prior periods presented in the financial statements. The Company is currently evaluating the standard to determine the impact of adoption to its consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures to enhance the transparency and decision usefulness of income tax disclosures. The ASU primarily enhances and expands both the income tax rate reconciliation disclosure and the income taxes paid disclosure. The amendments in ASU 2023-09 address investor requests for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. Early adoption is permitted. A public entity should apply the amendments in ASU 2023-09 prospectively to all annual periods beginning after December 15, 2024. The Company is currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets that sum to the total of the same on the condensed consolidated statement of cash flows (in thousands): September 30, 2024 December 31, 2023 Cash and cash equivalents $ 146,175 $ 245,278 Restricted cash 6,143 6,142 Total cash, cash equivalents and restricted cash $ 152,318 $ 251,420
Schedule of Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets that sum to the total of the same on the condensed consolidated statement of cash flows (in thousands): September 30, 2024 December 31, 2023 Cash and cash equivalents $ 146,175 $ 245,278 Restricted cash 6,143 6,142 Total cash, cash equivalents and restricted cash $ 152,318 $ 251,420
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the calculation of basic and diluted net loss per share (in thousands, except shares and per share data): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Basic loss per share: Net loss from continuing operations $ (54,684) $ (84,485) $ (136,846) $ (222,062) Less: net loss attributable to non-controlling interest 425 5 1,454 26 Net loss from continuing operations available to common shareholders (54,259) (84,480) (135,392) (222,036) Net income from discontinued operations, net of tax 1,836 669 1,687 4,672 Net loss attributable to common shareholders $ (52,423) $ (83,811) $ (133,705) $ (217,364) Shares used in computation: Weighted-average common shares outstanding 331,582,813 292,693,961 314,126,997 270,078,947 Basic and diluted loss per share from continuing operations $ (0.17) $ (0.29) $ (0.44) $ (0.82) Basic and diluted income per share from discontinued operations $ 0.01 $ — $ 0.01 $ 0.02 Basic and diluted loss per share $ (0.16) $ (0.29) $ (0.43) $ (0.80)
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: September 30, 2024 2023 Warrants to purchase common stock 166,670 166,670 Stock options 18,846,277 19,103,190 Unvested restricted stock units 22,284,523 14,090,914 Convertible notes variable settlement feature 48,771,938 6,966,078 Total 90,069,408 40,326,852

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Net Income (Loss) Discontinued Operations	Net income from Fubo Gaming's discontinued operations consists of the following for the three and nine months ended September 30, 2024 and 2023 (in thousands): For the Three Months Ended Nine Months Ended 2024 2023 2024 2023 Revenues Wagering $ — $ — $ — $ — Total revenues — — — — Operating expenses Sales and marketing — — — (59) Technology and development — — — 17 General and administrative (4) 196 275 942 Depreciation and amortization — 158 — 158 Gain on extinguishment of liabilities (1,832) (1,030) (1,962) (5,770) Impairment of goodwill, intangible assets, and other long-lived assets, net — 7 — 40 Total operating expenses (1,836) (669) (1,687) (4,672) Operating income 1,836 669 1,687 4,672 Net income from discontinued operations before income taxes 1,836 669 1,687 4,672 Income tax benefit — — — — Net income from discontinued operations 1,836 669 1,687 4,672

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated Revenue	The following tables summarize subscription revenue and advertising revenue by region for the three and nine months ended September 30, 2024 and 2023 (in thousands): Subscription Three Months Ended Nine Months Ended 2024 2023 2024 2023 United States and Canada (North America) $ 347,879 $ 281,515 $ 1,068,336 $ 855,861 Rest of world 8,696 8,108 24,889 23,631 Total subscription revenues $ 356,575 $ 289,623 $ 1,093,225 $ 879,492 Advertising Three Months Ended Nine Months Ended 2024 2023 2024 2023 United States and Canada (North America) $ 26,853 $ 30,307 $ 80,106 $ 75,642 Rest of world 201 285 702 741 Total advertising revenues $ 27,054 $ 30,592 $ 80,808 $ 76,383

Property and equipment, net (Ta

Property and equipment, net (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	The table below summarizes the Company’s property and equipment, net at September 30, 2024 and December 31, 2023 (in thousands): Useful Life September 30, 2024 December 31, 2023 Furniture and fixtures 5 $ 538 $ 532 Computer equipment 3-5 5,816 3,949 Leasehold improvements Term of lease 5,328 5,302 11,682 9,783 Less: Accumulated depreciation (6,049) (4,948) Total property and equipment, net $ 5,633 $ 4,835

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	The tables below summarize the Company’s intangible assets at September 30, 2024 and December 31, 2023 (in thousands): Useful Weighted September 30, 2024 Intangible Assets Accumulated Amortization Net Balance Trade names 2 - 9 4.4 38,867 (19,768) 19,099 Capitalized internal use software 3 1.8 34,583 (13,205) 21,378 Software and technology 3 - 9 4.4 196,232 (96,916) 99,316 Total $ 269,682 $ (129,889) $ 139,793 Useful Weighted December 31, 2023 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 0.0 $ 32,729 $ (32,729) $ — Trade names 2 - 9 5.2 38,859 (16,578) 22,281 Capitalized internal use software 3 2.3 25,770 (5,893) 19,877 Software and technology 3 - 9 5.1 196,136 (79,846) 116,290 Total $ 293,494 $ (135,046) $ 158,448
Schedule of Estimated Future Amortization Expense	The estimated future amortization expense associated with intangible assets, net is as follows (in thousands): Year ended December 31, Future Amortization 2024 $ 9,589 2025 36,600 2026 34,216 2027 28,157 2028 25,122 Thereafter 6,109 Total $ 139,793
Schedule of Goodwill	The following table is a summary of the changes to goodwill for the nine months ended September 30, 2024 (in thousands): Balance - December 31, 2023 $ 622,818 Foreign currency translation adjustment 1,530 Balance - September 30, 2024 $ 624,348

Accounts Payable, Accrued Exp_2

Accounts Payable, Accrued Expenses, and Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Accounts payable, accrued expenses, and other liabilities are presented below (in thousands): September 30, 2024 December 31, 2023 Affiliate fees $ 244,453 $ 266,089 Broadcasting and transmission 11,648 13,097 Selling and marketing 30,745 33,925 Accrued compensation 14,601 13,218 Legal and professional fees 10,923 3,672 Sales tax 47,267 42,590 Accrued interest 3,064 4,671 Subscriber related 1,576 1,624 Shares settled liability 7,746 5,131 Other 9,737 11,970 Total $ 381,760 $ 395,987

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The following table presents income tax (provision) benefit for income taxes (in thousands, except for effective tax rate): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Income tax (provision) benefit (195) 247 (407) 482 Effective tax rate (0.36) % 0.29 % (0.30) % 0.22 %

Notes Payable, Long-Term Borr_2

Notes Payable, Long-Term Borrowing, and Convertible Notes (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Debt	Notes payable, long-term borrowing, and convertible notes as of September 30, 2024 and December 31, 2023 consist of the following (in thousands, except stated interest rate): Note Stated Interest Rate Principal Balance Capitalized Interest Debt Premium (Discount) September 30, 2026 Convertible Notes 3.25% $ 144,765 $ — $ (1,376) $ 143,389 2029 Convertible Notes 7.5% 177,506 — 11,843 $ 189,349 Note payable 10.0% 2,700 4,103 — 6,803 Bpifrance 2.25% 1,117 — — 1,117 Other 4.0% 30 9 — 39 $ 326,118 $ 4,112 $ 10,467 $ 340,697 Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2026 Convertible Notes 3.25% $ 397,500 $ — $ (5,752) $ 391,748 Note payable 10.0% 2,700 3,585 — $ 6,285 Bpifrance 2.25% 1,612 — — $ 1,612 Other 4.0% 30 8 — 38 $ 401,842 $ 3,593 $ (5,752) $ 399,683

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value Measurements on Recurring Basis	The Company’s assets measured at fair value on a recurring basis consisted of the following as of September 30, 2024, and December 31, 2023 (in thousands): Fair value measured at September 30, 2024 Quoted Significant Significant Total Financial assets at fair value: Cash and cash equivalents Money market securities and time deposits $ 112,669 $ — $ — $ 112,669 Total financial assets at fair value $ 112,669 $ — $ — $ 112,669 Fair value measured at December 31, 2023 Quoted Significant Significant Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 205,074 $ — $ — $ 205,074 Total financial assets at fair value $ 205,074 $ — $ — $ 205,074

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Stock-based Compensation Expense	During the three and nine months ended September 30, 2024 and 2023, the Company recognized stock-based compensation expense as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Subscriber related $ 80 $ 38 $ 238 $ 147 Sales and marketing 4,047 5,915 13,424 18,578 Technology and development 2,679 2,901 9,188 8,923 General and administrative 2,518 3,853 9,759 11,803 $ 9,324 $ 12,707 $ 32,609 $ 39,451
Schedule of of Stock Option Activity	A summary of time-based stock option activity for the nine months ended September 30, 2024 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 10,475,607 $ 6.31 $ 6,534 5.3 Exercised (4,042) $ 0.87 Forfeited or expired (178,585) $ 12.72 Outstanding as of September 30, 2024 10,292,980 $ 6.20 $ 1,254 4.6 Options vested and exercisable as of September 30, 2024 9,702,174 $ 6.46 $ 1,254 4.5 A summary of activity under the 2020 Plan for market and service-based stock options for the nine months ended September 30, 2024 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 4,453,297 $ 12.75 $ — 3.7 Outstanding as of September 30, 2024 4,453,297 $ 12.75 $ — 2.9 Options vested and exercisable as of September 30, 2024 3,994,964 $ 11.96 $ — 2.8
Schedule of Determining the Fair Value of Stock Options Granted	The following assumptions were used in determining the fair value of stock options granted during the nine months ended September 30, 2023: Dividend yield — Expected price volatility 49.8% Risk free interest rate 3.9% Expected term (years) 6.0 years
Schedule of Nonvested Restricted Stock Units Activity	A summary of the Company’s time-based restricted stock unit activity during the nine months ended September 30, 2024 is as follows: Number of Shares Weighted Average Grant-Date Unvested at December 31, 2023 20,313,775 $ 3.85 Granted 2,977,651 $ 1.50 Vested (1,654,577) $ 4.17 Forfeited or expired (2,145,370) $ 4.75 Unvested at September 30, 2024 19,491,479 $ 3.36 A summary of the Company’s performance-based restricted stock unit activity during the nine months ended September 30, 2024 is as follows: Number of Shares Weighted Average Grant-Date Unvested at December 31, 2023 2,035,834 $ 20.23 Granted 947,035 $ 1.55 Forfeited (189,825) $ 3.26 Unvested at September 30, 2024 2,793,044 $ 15.05
Schedule of Outstanding Warrants	A summary of the Company’s outstanding warrants as of September 30, 2024, are presented below (in thousands, except number of shares and exercise price): Number of Shares Weighted Average Total Intrinsic Value Weighted Average Remaining Outstanding as of December 31, 2023 166,670 $ 17.40 $ — 8.6 Outstanding as of September 30, 2024 166,670 $ 17.40 $ — 7.8

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Components of Lease Expense	The components of lease expense were as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Operating leases Operating lease cost $ 1,759 $ 1,730 $ 5,288 $ 4,699 Other lease cost 193 52 607 210 Operating lease expense 1,952 1,782 5,895 4,909 Short-term lease rent expense — — — 132 Total rent expense $ 1,952 $ 1,782 $ 5,895 $ 5,041
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases were as follows (in thousands, except term and discount rate): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Operating cash flows from operating leases $ 2,105 $ 1,691 $ 6,308 $ 3,924 Right of use assets exchanged for operating lease liabilities $ — $ — $ — $ 3,062 Weighted average remaining lease term - operating leases 9.6 10.0 9.6 10.0 Weighted average remaining discount rate - operating leases 7.7 % 7.8 % 7.7 % 7.8 %
Schedule of Future Minimum Payments for the Operating Leases	As of September 30, 2024, future minimum payments for the operating leases are as follows (in thousands): Year Ended December 31, 2024 $ 2,096 Year Ended December 31, 2025 7,763 Year Ended December 31, 2026 5,991 Year Ended December 31, 2027 4,831 Year Ended December 31, 2028 4,403 Thereafter 31,737 Total 56,821 Less present value discount (17,357) Operating lease liabilities $ 39,464
Schedule of Other Contractual Obligations	The Company is a party to several non-cancelable contracts with vendors and licensors for marketing and other strategic partnership related agreements where the Company is obligated to make future minimum payments under the non-cancelable terms of these contracts as follows (in thousands): 2024 $ 813 2025 3,275 2026 3,325 2027 3,425 2028 3,525 Thereafter 12,725 Total $ 27,088 Future payments under these agreements are as follows (in thousands): 2025 13,748 2026 13,748 2027 13,748 2028 4,583 Total $ 45,827

Liquidity, Going Concern and _2

Liquidity, Going Concern and Management Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Compensating Balances [Line Items]
Cash, cash equivalents, restricted cash, and restricted cash equivalents	$ 152,318		$ 152,318		$ 251,420
Working capital deficit	(218,200)		(218,200)
Accumulated deficit	(1,979,247)		(1,979,247)		$ (1,845,542)
Net loss from continuing operations	(54,684)	$ (84,485)	(136,846)	$ (222,062)
Convertible Debt
Compensating Balances [Line Items]
Accrued interest			27,100
2026 Notes | Convertible Debt
Compensating Balances [Line Items]
Debt instrument, repurchased face amount	$ 46,900		46,900
Sales agreement
Compensating Balances [Line Items]
Proceeds from issuance of common stock			43,300
Deduction of commission and expenses			$ 1,000
Issuance of common stock, net of offering costs (in shares)			33,218,851
Weighted average gross sale price per share	$ 1.33		$ 1.33

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Cash and cash equivalents	$ 146,175	$ 245,278
Restricted cash	6,143	6,142
Total cash, cash equivalents and restricted cash	$ 152,318	$ 251,420

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 USD ($) segment	Dec. 31, 2023 USD ($)
Product Information [Line Items]
Assets	$ 1,102,298,000	$ 1,232,640,000
Liabilities	$ 880,071,000	948,815,000
Number of operating segments | segment	1
Variable Interest Entity, Primary Beneficiary
Product Information [Line Items]
Assets	$ 9,400,000	13,500,000
Liabilities	$ 42,300	$ 3,000,000

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic loss per share:
Net loss from continuing operations	$ (54,684)			$ (84,485)			$ (136,846)	$ (222,062)
Less: Net loss attributable to non-controlling interest	425	$ 455	$ 574	5	$ 10	$ 11	1,454	26
Net loss from continuing operations available to common shareholders	(54,259)			(84,480)			(135,392)	(222,036)
Less: Net income from discontinued operations, net of tax	1,836			669			1,687	4,672
Net loss attributable to common shareholders	$ (52,423)			$ (83,811)			$ (133,705)	$ (217,364)
Shares used in computation:
Weighted-average common shares outstanding - Basic (in shares)	331,582,813			292,693,961			314,126,997	270,078,947
Weighted-average common shares outstanding - Diluted (in shares)	331,582,813			292,693,961			314,126,997	270,078,947
Basic loss per share from continuing operations (in usd per share)	$ (0.17)			$ (0.29)			$ (0.44)	$ (0.82)
Diluted loss per share from continuing operations (in usd per share)	(0.17)			(0.29)			(0.44)	(0.82)
Basic income per share from discontinued operations (in usd per share)	0.01			0			0.01	0.02
Diluted income per share from discontinued operations (in dollars per share)	0.01			0			0.01	0.02
Basic loss per share (in usd per share)	(0.16)			(0.29)			(0.43)	(0.80)
Diluted loss per share (in usd per share)	$ (0.16)			$ (0.29)			$ (0.43)	$ (0.80)

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	90,069,408	40,326,852
Warrants to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	166,670	166,670
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	18,846,277	19,103,190
Unvested restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	22,284,523	14,090,914
Convertible notes variable settlement feature
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	48,771,938	6,966,078

Discontinued Operations - Net L

Discontinued Operations - Net Loss From Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Operating expenses
Net income from discontinued operations before income taxes	$ 1,836	$ 669	$ 1,687	$ 4,672
Income tax benefit	0	0	0	0
Net income from discontinued operations	1,836	669	1,687	4,672
Discontinued Operations | Fubo Gaming
Revenues
Total revenues	0	0	0	0
Operating expenses
Sales and marketing	0	0	0	(59)
Technology and development	0	0	0	17
General and administrative	(4)
General and administrative		196	275	942
Depreciation and amortization	0	158	0	158
Gain on extinguishment of liabilities	(1,832)	(1,030)	(1,962)	(5,770)
Impairment of goodwill, intangible assets, and other long-lived assets, net	0	7	0	40
Total operating expenses	(1,836)	(669)	(1,687)	(4,672)
Operating income	1,836	669	1,687	4,672
Net income from discontinued operations before income taxes	1,836	669	1,687	4,672
Discontinued Operations | Fubo Gaming | Wagering
Revenues
Total revenues	$ 0	$ 0	$ 0	$ 0

Discontinued Operations- Narrat

Discontinued Operations- Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fubo Gaming
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, accrued expenses and other current liabilities	$ 15	$ 19.6

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total revenues	$ 386,207	$ 320,935	$ 1,179,519	$ 958,044
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	356,575	289,623	1,093,225	879,492
Subscription | United States and Canada (North America)
Disaggregation of Revenue [Line Items]
Total revenues	347,879	281,515	1,068,336	855,861
Subscription | Rest of world
Disaggregation of Revenue [Line Items]
Total revenues	8,696	8,108	24,889	23,631
Advertising
Disaggregation of Revenue [Line Items]
Total revenues	27,054	30,592	80,808	76,383
Advertising | United States and Canada (North America)
Disaggregation of Revenue [Line Items]
Total revenues	26,853	30,307	80,106	75,642
Advertising | Rest of world
Disaggregation of Revenue [Line Items]
Total revenues	$ 201	$ 285	$ 702	$ 741

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Deferred revenue	$ 103,137	$ 90,203

Property and equipment, net (De

Property and equipment, net (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 11,682	$ 9,783
Less: Accumulated depreciation	(6,049)	(4,948)
Total property and equipment, net	$ 5,633	4,835
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Property, plant and equipment, gross	$ 538	532
Computer equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,816	3,949
Computer equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Computer equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,328	$ 5,302

Property and equipment, net - N

Property and equipment, net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Depreciation	$ 0.4	$ 0.3	$ 1.1	$ 1.1

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Intangible Assets	$ 269,682	$ 293,494
Accumulated Amortization	(129,889)	(135,046)
Net Balance	$ 139,793	$ 158,448
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	9 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)		2 years
Weighted Average Remaining Life (Years)		0 years
Intangible Assets		$ 32,729
Accumulated Amortization		(32,729)
Net Balance		$ 0
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (Years)	4 years 4 months 24 days	5 years 2 months 12 days
Intangible Assets	$ 38,867	$ 38,859
Accumulated Amortization	(19,768)	(16,578)
Net Balance	$ 19,099	$ 22,281
Trade names | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years	2 years
Trade names | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	9 years	9 years
Capitalized internal use software
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	3 years	3 years
Weighted Average Remaining Life (Years)	1 year 9 months 18 days	2 years 3 months 18 days
Intangible Assets	$ 34,583	$ 25,770
Accumulated Amortization	(13,205)	(5,893)
Net Balance	$ 21,378	$ 19,877
Software and technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (Years)	4 years 4 months 24 days	5 years 1 month 6 days
Intangible Assets	$ 196,232	$ 196,136
Accumulated Amortization	(96,916)	(79,846)
Net Balance	$ 99,316	$ 116,290
Software and technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	3 years	3 years
Software and technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	9 years	9 years

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 9.4	$ 8.8	$ 27.5	$ 25.8
Goodwill, impaired, accumulated impairment loss	$ 148.1		$ 148.1
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years		2 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	9 years		9 years

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Intangible Assets Amortization Expense (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 9,589
2025	36,600
2026	34,216
2027	28,157
2028	25,122
Thereafter	6,109
Total	$ 139,793

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill - Schedule of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 622,818
Foreign currency translation adjustment	1,530
Ending balance	$ 624,348

Accounts Payable, Accrued Exp_3

Accounts Payable, Accrued Expenses, and Other Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Affiliate fees	$ 244,453	$ 266,089
Broadcasting and transmission	11,648	13,097
Selling and marketing	30,745	33,925
Accrued compensation	14,601	13,218
Legal and professional fees	10,923	3,672
Sales tax	47,267	42,590
Accrued interest	3,064	4,671
Subscriber related	1,576	1,624
Shares settled liability	7,746	5,131
Other	9,737	11,970
Total	$ 381,760	$ 395,987

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax (provision) benefit	$ (195)	$ 247	$ (407)	$ 482
Effective tax rate	(0.36%)	0.29%	(0.30%)	0.22%

Notes Payable, Long-Term Borr_3

Notes Payable, Long-Term Borrowing, and Convertible Notes Notes - Schedule of Notes Payable and Long-Term Borrowings (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Feb. 02, 2021
Short-term Debt [Line Items]
Principal Balance	$ 326,118	$ 401,842
Capitalized Interest	4,112	3,593
Debt Premium (Discount)	10,467	(5,752)
Long-term debt, gross	$ 340,697	$ 399,683
2026 Convertible Notes
Short-term Debt [Line Items]
Stated Interest Rate	3.25%	3.25%	3.25%
Principal Balance	$ 144,765	$ 397,500
Capitalized Interest	0	0
Debt Premium (Discount)	(1,376)	(5,752)
Long-term debt, gross	$ 143,389	$ 391,748
2029 Convertible Notes
Short-term Debt [Line Items]
Stated Interest Rate	7.50%
Principal Balance	$ 177,506
Capitalized Interest	0
Debt Premium (Discount)	11,843
Long-term debt, gross	$ 189,349
Note payable
Short-term Debt [Line Items]
Stated Interest Rate	10%	10%
Principal Balance	$ 2,700	$ 2,700
Capitalized Interest	4,103	3,585
Debt Premium (Discount)	0	0
Long-term debt, gross	$ 6,803	$ 6,285
Bpifrance
Short-term Debt [Line Items]
Stated Interest Rate	2.25%	2.25%
Principal Balance	$ 1,117	$ 1,612
Capitalized Interest	0	0
Debt Premium (Discount)	0	0
Long-term debt, gross	$ 1,117	$ 1,612
Other
Short-term Debt [Line Items]
Stated Interest Rate	4%	4%
Principal Balance	$ 30	$ 30
Capitalized Interest	9	8
Debt Premium (Discount)	0	0
Long-term debt, gross	$ 39	$ 38

Notes Payable, Long-Term Borr_4

Notes Payable, Long-Term Borrowing, and Convertible Notes - Narrative (Details) $ / shares in Units, $ in Thousands				3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 02, 2025 d	Jan. 02, 2024 USD ($) d $ / shares	Feb. 02, 2021 USD ($) d $ / shares	Sep. 30, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Oct. 01, 2018 USD ($)
Short-term Debt [Line Items]
Repayments of convertible debt						$ 26,557	$ 0
Gain on extinguishment of debt				$ 7,752	$ 0	29,513	0
Amortization of debt (premium) discount, net						(869)	1,918
Principal Balance				$ 326,118		326,118		$ 401,842
Chief executive officer
Short-term Debt [Line Items]
Debt instrument, periodic payment						$ 500
Molotov SAS
Short-term Debt [Line Items]
Debt interest rate				2.25%		2.25%
Principal Balance				$ 3,700		$ 3,700
Evolution AI Corporation EAI | Note payable
Short-term Debt [Line Items]
Debt interest rate									10%
Principal Balance									$ 2,700
Interest payable				3,600		3,600
Evolution AI Corporation EAI | Interest and Penalties
Short-term Debt [Line Items]
Debt instrument, periodic payment						6,800		$ 6,300
2026 Convertible notes
Short-term Debt [Line Items]
Convertible notes payable			$ 402,500	$ 144,800		$ 144,800
Debt interest rate			3.25%	3.25%		3.25%		3.25%
Proceeds from convertible note, net of issuance costs			$ 389,400
Payments of stock issuance costs			$ 13,100
Debt instrument, convertible, conversion price (in usd per share) | $ / shares			$ 57.78
Debt instrument, convertible, threshold trading days | d			20
Debt instrument, convertible, threshold consecutive trading days | d			30
Debt instrument, convertible, threshold percentage of stock price trigger			130%
Redemption price, percentage			100%
Interest expense				$ 2,600	6,500	$ 6,000	13,100
Amortization of debt (premium) discount, net				200	$ 700	900	$ 1,900
Principal Balance				144,765		144,765		$ 397,500
2026 Convertible notes | Convertible Debt
Short-term Debt [Line Items]
Convertible notes payable		$ 205,800
Debt instrument, repurchased face amount				46,900		46,900
Long-term debt				46,400		46,400
Repayments of convertible debt						26,600
Gain on extinguishment of debt						19,800
2026 Convertible notes | Fair Value, Inputs, Level 2
Short-term Debt [Line Items]
Convertible notes payable				$ 109,300		$ 109,300		288,200
2026 Convertible notes | Debt Instrument, Redemption, Period One
Short-term Debt [Line Items]
Debt instrument, convertible, threshold trading days | d			20
Debt instrument, convertible, threshold consecutive trading days | d			30
Debt instrument, convertible, threshold percentage of stock price trigger			130%
2026 Convertible notes | Debt Instrument, Redemption, Period Two
Short-term Debt [Line Items]
Debt instrument, convertible, threshold trading days | d			5
Debt instrument, convertible, threshold consecutive trading days | d			5
Debt instrument, convertible, maximum percentage of product of sales price and conversion rate			98%
2029 Convertible Notes
Short-term Debt [Line Items]
Debt interest rate				7.50%		7.50%
Debt instrument, convertible, conversion price (in usd per share) | $ / shares		$ 3.84
Interest expense				$ 6,700		$ 8,200
Amortization of debt (premium) discount, net				600		1,700
Unamortized financing costs		$ 4,200
Principal Balance				$ 177,506		$ 177,506
2029 Convertible Notes | Convertible Debt
Short-term Debt [Line Items]
Convertible notes payable		$ 177,500
Debt instrument, convertible, conversion price (in usd per share) | $ / shares				$ 0.2606474		$ 0.2606474
Debt instrument, convertible, threshold consecutive trading days | d		20
Debt instrument, convertible, threshold percentage of stock price trigger		130%
Debt instrument, convertible, threshold consecutive trading day immediately after measurement period		5 days
Debt instrument, convertible, threshold percentage of notes trading price trigger		98%
2029 Convertible Notes | Convertible Debt | Forecast
Short-term Debt [Line Items]
Debt instrument, convertible, threshold trading days | d	30
Debt instrument, convertible, threshold consecutive trading days | d	20
Debt instrument, convertible, threshold percentage of stock price trigger	200%
Debt instrument, convertible, threshold consecutive trading day before notice	10 days
2029 Convertible Notes | Convertible Debt | Base Rate
Short-term Debt [Line Items]
Debt interest rate		7.50%
2029 Convertible Notes | Convertible Debt | Paid in Kind
Short-term Debt [Line Items]
Debt interest rate		10%
2029 Convertible Notes | Fair Value, Inputs, Level 2
Short-term Debt [Line Items]
Convertible notes payable				$ 166,300		$ 166,300
BPi France | Molotov Acquisition
Short-term Debt [Line Items]
Principal balance				$ 1,100		$ 1,100		$ 1,600
Other
Short-term Debt [Line Items]
Debt interest rate				4%		4%		4%
Principal Balance				$ 30		$ 30		$ 30

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financial assets at fair value:
Total financial assets at fair value	$ 112,669	$ 205,074
Money Market Funds
Financial assets at fair value:
Cash and cash equivalents	112,669	205,074
Fair Value, Inputs, Level 1
Financial assets at fair value:
Total financial assets at fair value	112,669	205,074
Fair Value, Inputs, Level 1 | Money Market Funds
Financial assets at fair value:
Cash and cash equivalents	112,669	205,074
Fair Value, Inputs, Level 2
Financial assets at fair value:
Total financial assets at fair value	0	0
Fair Value, Inputs, Level 2 | Money Market Funds
Financial assets at fair value:
Cash and cash equivalents	0	0
Fair Value, Inputs, Level 3
Financial assets at fair value:
Total financial assets at fair value	0	0
Fair Value, Inputs, Level 3 | Money Market Funds
Financial assets at fair value:
Cash and cash equivalents	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Warrant Liability	$ 0	$ 0

Shareholders_ Equity - At-the-M

Shareholders’ Equity - At-the-Market Sales Agreement - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended					9 Months Ended
	Aug. 04, 2022	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock, net of offering costs		$ 6,472	$ 36,838	$ (9)	$ 10,855	$ 106,057
2022 ATM Offering
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sale of stock, shares remaining to be sold, amount		$ 112,000					$ 112,000
Sales agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock, net of offering costs (in shares)							33,218,851
Weighted average gross sale price per share		$ 1.33					$ 1.33
Proceeds from issuance of common stock							$ 43,300
Deduction of commission and expenses							$ 1,000
Evercore Group LLC Needham and Company LLC and Oppenheimer and Co Inc | Sales agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock, net of offering costs	$ 350,000
Commission rate percentage	3%

Shareholders_ Equity - Schedule

Shareholders’ Equity - Schedule of Recognized Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 9,324	$ 12,707	$ 32,609	$ 39,451
Subscriber related
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	80	38	238	147
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	4,047	5,915	13,424	18,578
Technology and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	2,679	2,901	9,188	8,923
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 2,518	$ 3,853	$ 9,759	$ 11,803

Shareholders_ Equity - Equity I

Shareholders’ Equity - Equity Incentive Plans - Narrative (Details) - shares	Jun. 17, 2024	Sep. 30, 2024
2020 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized (in shares)	20,000,000
Number of shares available for grant (in shares)		25,166,209
2024 Inducement Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)		2,924,488

Shareholders_ Equity - Schedu_2

Shareholders’ Equity - Schedule of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Number of Shares
Outstanding at beginning of period (in shares)	10,475,607
Exercised (in shares)	(4,042)
Forfeited or expired (in shares)	(178,585)
Outstanding at end of period (in shares)	10,292,980	10,475,607
Options vested and exercisable (in shares)	9,702,174
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in usd per share)	$ 6.31
Exercised (in usd per share)	0.87
Forfeited or expired (in usd per share)	12.72
Weighted average exercise price, ending balance (in usd per share)	6.20	$ 6.31
Options vested and exercisable (in usd per share)	$ 6.46
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Total Intrinsic Value	$ 1,254	$ 6,534
Options vested and exercisable, intrinsic value	$ 1,254
Weighted Average Remaining Contractual Life (Years)	4 years 7 months 6 days	5 years 3 months 18 days
Options vested and exercisable, weighted average remaining contractual term	4 years 6 months
Market and service condition based options
Number of Shares
Outstanding at beginning of period (in shares)	4,453,297
Outstanding at end of period (in shares)	4,453,297	4,453,297
Options vested and exercisable (in shares)	3,994,964
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in usd per share)	$ 12.75
Weighted average exercise price, ending balance (in usd per share)	12.75	$ 12.75
Options vested and exercisable (in usd per share)	$ 11.96
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Total Intrinsic Value	$ 0	$ 0
Options vested and exercisable, intrinsic value	$ 0
Weighted Average Remaining Contractual Life (Years)	2 years 10 months 24 days	3 years 8 months 12 days
Options vested and exercisable, weighted average remaining contractual term	2 years 9 months 18 days

Shareholders_ Equity - Stock Op

Shareholders’ Equity - Stock Option - Narrative (Details) - USD ($)						3 Months Ended		9 Months Ended
	Apr. 04, 2024	Nov. 20, 2023	May 09, 2023	Nov. 03, 2021	Oct. 08, 2020	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Apr. 20, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period, gross (in shares)						0		0
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount						$ 500,000		$ 500,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition								2 years 1 month 6 days
Share-based payment arrangement, nonvested award, cost not yet recognized, amount						0		$ 0
Performance period								5 years
Share-based payment arrangement, expense						9,324,000	$ 12,707,000	$ 32,609,000	$ 39,451,000
Market and service condition based options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period, gross (in shares)								0	0
Performance shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)					4,100,000
Grants in period, weighted average grant date fair value (in usd per share)					$ 10
Options, nonvested, number of shares (in shares)										3,280,000
Share-based compensation arrangement by share-based payment award, options, vested, number of shares (in shares)								820,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value								$ 1,200,000
Restricted stock units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount						47,600,000		$ 47,600,000
Granted (in shares)								2,977,651
Award vesting period								4 years
Equity instruments other than options, vested in period, fair value								$ 4,500,000
Total Intrinsic Value						27,700,000		$ 27,700,000
Weighted Average Remaining Contractual Life (Years)								2 years 6 months
Restricted stock units (RSUs) | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period								1 year
Performance based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount						4,400,000		$ 4,400,000
Options, nonvested, number of shares (in shares)		1,140,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value								$ 7,200,000
Granted (in shares)				1,900,000				947,035
Award vesting period				5 years
Share-based payment arrangement, expense						800,000	$ 2,500,000	$ 2,400,000	$ 8,100,000
Shares received at target performance	1,851,852		730,338
Shares received at maximum performance	2,777,778		1,095,507
Share based compensation arrangement by share based payment award non options granted in period fair value	$ 1,000,000
Forfeited or expired (in shares)								189,825
Performance based restricted stock units | Share-Based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement by share based payment award non options granted in period fair value			$ 700,000
Performance based restricted stock units | Share-Based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement by share based payment award non options granted in period fair value			$ 400,000
Executive PRSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount						$ 800,000		$ 800,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value								$ 1,900,000
Granted (in shares)		569,475
Forfeited or expired (in shares)								189,825

Shareholders_ Equity - Weighted

Shareholders’ Equity - Weighted Average Assumptions (Details) - Share-based payment arrangement, option	9 Months Ended
	Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0%
Expected price volatility	49.80%
Risk free interest rate	3.90%
Expected term (years)	6 years

Shareholders_ Equity - Schedu_3

Shareholders’ Equity - Schedule of Restricted Stock Unit Activity (Details) - $ / shares		9 Months Ended
	Nov. 03, 2021	Sep. 30, 2024
Restricted stock
Number of Shares
Unvested at beginning of period (in shares)		20,313,775
Granted (in shares)		2,977,651
Vested (in shares)		(1,654,577)
Forfeited or expired (in shares)		(2,145,370)
Unvested at end of period (in shares)		19,491,479
Weighted Average Grant-Date Fair Value
Unvested at beginning of period (in usd per share)		$ 3.85
Granted (in usd per share)		1.50
Vested (in usd per share)		4.17
Forfeited or expired (in usd per share)		4.75
Unvested at end of period (in usd per share)		$ 3.36
Performance based restricted stock units
Number of Shares
Unvested at beginning of period (in shares)		2,035,834
Granted (in shares)	1,900,000	947,035
Forfeited or expired (in shares)		(189,825)
Unvested at end of period (in shares)		2,793,044
Weighted Average Grant-Date Fair Value
Unvested at beginning of period (in usd per share)		$ 20.23
Granted (in usd per share)		1.55
Forfeited or expired (in usd per share)		3.26
Unvested at end of period (in usd per share)		$ 15.05

Shareholders_ Equity - Framewor

Shareholders’ Equity - Framework Agreement with MEP FTV - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 9,324	$ 12,707	$ 32,609	$ 39,451
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition			2 years 1 month 6 days
Service-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 23,000
Granted (in shares) | shares			1,600,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 7,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			8,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 8,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition			3 years
Performance-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares			400,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition			2 years
Share-based payment arrangement, nonvested award, excluding option, cost not yet recognized, amount	5,700		$ 5,700
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			1,700
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			2,000
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 2,000
Framework Agreement - Projects
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, shares, percentage			0.80
Framework Agreement - Network
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, shares, percentage			0.20
Framework Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 800	$ 1,900	$ 2,600	$ 3,700
Framework Agreement | Accrued Expenses and Other Current Liabilities
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 7,700		$ 5,100

Shareholders_ Equity - Warrants

Shareholders’ Equity - Warrants - Narrative (Details) - $ / shares	9 Months Ended
	Sep. 30, 2024	Aug. 12, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of warrant or right, number of shares called by warrants or rights		166,667
Class of warrant or right, exercise price of warrants or rights (in usd per share)		$ 15
Number of trading days	30 days
Class of warrant or right, weighted average closing share price (in usd per share)	$ 30
Warrants and rights outstanding, term	1 year 8 months 12 days
Warrant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of warrant or right, outstanding		400,000

Shareholders_ Equity - Schedu_4

Shareholders’ Equity - Schedule of Warrants Activity (Details) - Warrant - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Number of Shares
Beginning balance (in shares)	166,670
Ending balance (in shares)	166,670	166,670
Weighted Average Exercise Price
Beginning balance (in usd per share)	$ 17.40
Ending balance (in usd per share)	$ 17.40	$ 17.40
Total Intrinsic Value	$ 0	$ 0
Weighted Average Remaining Contractual Life (Years)	7 years 9 months 18 days	8 years 7 months 6 days

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Operating Leases (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 1,952,000	$ 1,782,000	$ 5,895,000	$ 4,909,000
Other lease cost	193,000	52,000	607,000	210,000
Operating lease expense	1,759,000	1,730,000	5,288,000	4,699,000
Short-term lease rent expense	0	0	0	132,000
Total rent expense	$ 1,952,000	$ 1,782,000	$ 5,895,000	$ 5,041,000

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Supplemental Cash Flow Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Operating cash flows from operating leases	$ 2,105,000	$ 1,691,000	$ 6,308,000	$ 3,924,000
Right of use assets exchanged for operating lease liabilities	$ 0	$ 0	$ 0	$ 3,062,000
Weighted average remaining lease term - operating leases	9 years 7 months 6 days	10 years	9 years 7 months 6 days	10 years
Weighted average remaining discount rate - operating leases	7.70%	7.80%	7.70%	7.80%

Commitments and Contingencies_3

Commitments and Contingencies - Schedule of Future Minimum Payments for Operating Leases (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Year Ended December 31, 2024	$ 2,096
Year Ended December 31, 2025	7,763
Year Ended December 31, 2026	5,991
Year Ended December 31, 2027	4,831
Year Ended December 31, 2028	4,403
Thereafter	31,737
Total	56,821
Less present value discount	(17,357)
Operating lease liabilities	$ 39,464

Commitment and Contingencies -

Commitment and Contingencies - Market Access Agreements (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Annual Sponsorship Agreements
Loss Contingencies [Line Items]
2024	$ 813
2025	3,275
2026	3,325
2027	3,425
2028	3,525
Thereafter	12,725
Total	27,088
Sports Rights Agreements
Loss Contingencies [Line Items]
2025	13,748
2026	13,748
2027	13,748
2028	4,583
Total	$ 45,827

Commitments and Contingencies_4

Commitments and Contingencies - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Prepaid expenses and other current assets
Loss Contingencies [Line Items]
Prepaid contracts	$ 26.6