FaZe Holdings Inc - Ordinary Shares (FAZE) S-1 10 Aug 23 IPO registration Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2023
Document Information Line Items
Entity Registrant Name	FaZe Holdings Inc.
Document Type	S-1
Amendment Flag	false
Entity Central Index Key	0001839360
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	DE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current Assets:
Cash	$ 26,834	$ 37,207	$ 17,018
Accounts receivable, net	3,888	8,525	6,266
Contract assets	7,240	6,223	4,118
Inventory			6
Content asset, net			474
Prepaid expenses and other assets	4,921	6,768	6,190
Total Current Assets	42,883	58,723	34,072
Restricted cash	600	600	600
Property, equipment and leasehold improvements, net	3,459	3,821	925
Operating lease right-of-use assets	2,319	2,693
Intangible assets, net	659	848	738
Other long-term assets	511	553	733
TOTAL ASSETS	50,431	67,238	37,068
Current liabilities:
Accounts payable and accrued expenses	9,550	14,397	28,381
Short-term debt			3,148
Contract liabilities	2,497	3,494	7,902
Operating lease liabilities, current	1,488	1,488
Other current liabilities			7
Total Current Liabilities	13,535	19,379	39,438
Long-term debt, net of discounts (Note 5)			70,854
Warrant liabilities	11	24
Operating lease liabilities, non-current	718	1,084
Total Liabilities	14,264	20,487	110,292
COMMITMENTS AND CONTINGENCIES (Note 9)
MEZZANINE EQUITY:
Series A preferred stock,value			33,705
STOCKHOLDERS’ EQUITY (DEFICIT):
Preferred stock, value
Common stock, value	7	7	2
Additional paid-in capital	331,142	327,686	5,477
Accumulated deficit	(294,982)	(280,942)	(112,408)
Total Stockholders’ Equity	36,167	46,751	(106,929)
TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS’ EQUITY	$ 50,431	$ 67,238	$ 37,068

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Preferred Stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000	1,000,000
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000	71,033,146
Common stock, shares issued	74,046,058	71,551,887	18,841,538
Common stock, shares outstanding	74,046,058	71,551,887	18,841,538
Series A Preferred Stock
Preferred Stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	3,545,529	3,545,529	3,545,529
Preferred stock, shares issued	0	0	3,237,800
Preferred stock, shares outstanding	0	0	3,237,800

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 12,550	$ 15,804	$ 70,021	$ 52,852
Cost of revenues	12,081	12,211	54,876	43,876
Gross profit	469	3,593	15,145	8,976
Operating expenses:
General and administrative	13,877	10,128	59,436	37,078
Sales and marketing	213	1,145	3,307	3,352
Impairment of content assets			1,073
Loss from operations	(13,621)	(7,680)	(48,671)	(31,454)
Other expense:
Interest (income) expense, net	(162)	1,851	4,483	5,467
Change in fair value of warrant liabilities	(13)		(90)
Loss on debt extinguishment			115,292
Other, net	594	11	178	(55)
Total other expense:	419	1,862	119,863	5,412
Net loss	$ (14,040)	$ (9,542)	$ (168,534)	$ (36,866)
Net loss per common share basic (in Dollars per share)	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)
Weighted-average number of common shares outstanding basic (in Shares)	64,071,686	20,640,022	39,872,308	19,187,873

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (unaudited) (Parentheticals) - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net loss per common share diluted	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)
Weighted-average number of common shares outstanding diluted	64,071,686	20,640,022	39,872,308	19,187,873

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2020	$ 2	$ 3,084	$ (75,542)	$ (72,456)
Balance (in Shares) at Dec. 31, 2020	16,470,897
Issuance of common stock options and stock option reprice		1,635		1,635
Issuance of restricted stock awards		2		2
Issuance of common stock		720		720
Issuance of common stock (in Shares)	2,226,683
Issuance of common stock upon vesting of restricted stock awards (in Shares)	50,028
Exercise of stock option		36		36
Exercise of stock option (in Shares)	93,930
Net loss			(36,866)	(36,866)
Balance at Dec. 31, 2021	$ 2	5,477	(112,408)	(106,929)
Balance (in Shares) at Dec. 31, 2021	18,841,538
Stock based compensation expense		1,150		1,150
Issuance of common stock upon vesting of restricted stock awards
Issuance of common stock upon vesting of restricted stock awards (in Shares)	4,084
Exercise of stock option		64		64
Exercise of stock option (in Shares)	74,768
Net loss			(9,542)	(9,542)
Balance at Mar. 31, 2022	$ 2	6,691	(121,950)	(115,257)
Balance (in Shares) at Mar. 31, 2022	18,920,390
Balance at Dec. 31, 2021	$ 2	5,477	(112,408)	(106,929)
Balance (in Shares) at Dec. 31, 2021	18,841,538
Stock based compensation expense		10,167		10,167
Issuance of common stock in connection with litigation settlement		294		294
Issuance of common stock in connection with litigation settlement (in Shares)	28,994
Exercise of common and preferred warrants		101		101
Exercise of common and preferred warrants (in Shares)	2,332,127
Conversion of preferred stock to FaZe common stock	$ 1	33,704		33,705
Conversion of preferred stock to FaZe common stock (in Shares)	7,209,555
Conversion of convertible debt to FaZe common stock	$ 2	195,115		195,117
Conversion of convertible debt to FaZe common stock (in Shares)	19,545,406
Issuance of earn-out shares	$ 1			1
Issuance of earn-out shares (in Shares)	5,312,098
Conversion of B Riley Class B stock to FaZe common stock
Conversion of B Riley Class B stock to FaZe common stock (in Shares)	4,832,500
Recapitalization transaction, net of equity issuance costs		(17,391)		(17,391)
Recapitalization transaction, net of equity issuance costs (in Shares)	1,366,604
Proceeds from PIPE offerings	$ 1	99,999		100,000
Proceeds from PIPE offerings (in Shares)	10,000,000
Issuance of common stock upon vesting of restricted stock awards
Issuance of common stock upon vesting of restricted stock awards (in Shares)	1,466,639
Exercise of stock option		220		220
Exercise of stock option (in Shares)	576,426
Net loss			(168,534)	(168,534)
Balance at Dec. 31, 2022	$ 7	327,686	(280,942)	46,751
Balance (in Shares) at Dec. 31, 2022	71,511,887
Stock based compensation expense		2,673		2,673
Issuance of common stock upon vesting of restricted stock awards
Issuance of common stock upon vesting of restricted stock awards (in Shares)	483,251
Exercise of stock option		783		783
Exercise of stock option (in Shares)	2,050,920
Net loss			(14,040)	(14,040)
Balance at Mar. 31, 2023	$ 7	$ 331,142	$ (294,982)	$ 36,167
Balance (in Shares) at Mar. 31, 2023	74,046,058

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (14,040)	$ (9,542)	$ (168,534)	$ (36,866)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt expense			441	75
Provision for doubtful accounts	789	8
Additions to content asset		(313)	(599)	(474)
Depreciation & amortization expense	667	236	1,837	1,021
Amortization of operating lease right of use assets	373	329	1,338
Content asset impairments			1,073
Stock-based compensation expense	2,673	1,150	10,167	1,637
Change in fair value of warrant liabilities	(13)		(90)
Non-cash interest expense		1,851	4,493	5,467
Loss on debt extinguishment			115,292
Other		(37)	(37)	(73)
Change in operating assets and liabilities:
Accounts receivable	3,849	(774)	(2,698)	(4,174)
Inventory		6	6	53
Prepaid expenses and other assets	1,888	180	9,824	(481)
Contract assets	(1,017)	1,563	(2,105)	(2,770)
Accounts payable and accrued expenses	(5,143)	(698)	(18,997)	4,685
Contract liabilities	(998)	(3,333)	(4,408)	6,790
Other current liabilities		(7)	(7)	(70)
Operating lease liabilities	(366)	(329)	(1,279)
NET CASH USED IN OPERATING ACTIVITIES	(11,338)	(9,710)	(54,283)	(25,180)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment	(101)	(1,903)	(4,148)	(730)
Purchase of intangible assets	(13)	(164)	(666)	(840)
Issuance of note receivable				(135)
NET CASH USED IN INVESTING ACTIVITIES	(114)	(2,067)	(4,814)	(1,705)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments of loan principal			(21,123)	(385)
Proceeds from issuance of loans payable		10,000	20,000
Proceeds from exercise of stock options	783	64
Value of shares withheld for taxes	169
Taxes paid related to net shares settlement of equity awards	127
Payment of deferred transaction costs		(725)
Proceeds from issuance of convertible debt				40,675
Issuance of common stock in connection with exercise of stock options			220	36
Payments of transaction fees by Legacy FaZe			(25,146)
Proceeds from recapitalization of B. Riley 150, net of B. Riley 150 redemptions and transaction costs			5,654
Proceeds from PIPE offering			100,000
Proceeds from exercise of preferred and common warrants			101
Short-term debt			(420)
Payment of debt issuance costs				(254)
NET CASH PROVIDED BY FINANCING ACTIVITIES	1,079	9,339	79,286	40,072
NET CHANGE IN CASH AND RESTRICTED CASH	(10,373)	(2,438)	20,189	13,187
Cash and restricted cash at beginning of period	37,807	17,618	17,618	4,431
CASH AND RESTRICTED CASH AT END OF PERIOD	27,434	15,180	37,807	17,618
RECONCILIATION TO CONSOLIDATED BALANCE SHEETS
Cash	26,834	14,580	37,207	17,018
Restricted cash	600	600	600	600
Cash and restricted cash	27,434	15,180	37,807	17,618
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:
Cash paid for interest			3,027
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock in connection with litigation settlement			294	720
Capitalization of deferred transaction costs included in accounts payable		2,406		$ 4,899
Purchase of property, plant and equipment in accrued expenses		$ 1,019	28
Conversion of convertible notes and accrued interest into common stock under original contractual terms			195,177
Conversion of redeemable convertible preferred stock to common stock pursuant to Business Combination			33,705
Issuance of earnout shares			$ 1

Description of the Business

Description of the Business	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Description of the Business [Abstract]
DESCRIPTION OF THE BUSINESS	1. FaZe Holdings Inc. (“FaZe” or the “Company”), is a lifestyle and media platform rooted in gaming and youth culture. The Company’s premium brand, talent network, and large audience can be monetized across a variety of products and services. On July 19, 2022 (the “Closing Date”), pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) dated as of October 24, 2021 (as amended in December 2021 and March 2022), by and among B. Riley 150 Merger Corp. (“B. Riley 150”), a special purpose acquisition company, and BRPM Merger Sub, Inc., a directly wholly owned subsidiary of B. Riley 150 (“Merger Sub”) and FaZe Clan, Inc. (“Legacy FaZe”), the parties consummated the merger of Merger Sub with and into Legacy FaZe, with Legacy FaZe continuing as the surviving corporation (the “Merger”), as well as the other transactions contemplated by the Merger Agreement (the Merger and such other transactions, the “Business Combination”). In connection with the closing of the Business Combination (the “Closing”), Legacy FaZe became a wholly owned subsidiary of B. Riley 150, which changed its name to “FaZe Holdings Inc.” Legacy FaZe determined that it was the accounting acquirer in the Business Combination based on an analysis of the criteria outlined in Accounting Standards Codification (“ASC”) 805, Business Combinations. The Merger was accounted for as a reverse recapitalization, in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Under this method of accounting, B. Riley 150 was treated as the acquired company for financial reporting purposes. Accordingly, the Business Combination was treated as the equivalent of Legacy FaZe issuing stock for the net assets of B. Riley 150, accompanied by a recapitalization. The net assets of B. Riley 150 were stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of Legacy FaZe. In accordance with guidance applicable to these circumstances, the equity structure has been retroactively restated in all comparative periods up to the Closing Date, to reflect the number of shares of the Company’s common stock issued to Legacy FaZe’s common stockholders in connection with the Business Combination. As a result, these financial statements represent the continuation of Legacy FaZe and the historical shareholders’ deficit. Common stock, preferred stock and loss per share of Legacy FaZe prior to the Business Combination have been retrospectively adjusted for the Business Combination using an exchange ratio of 2.2267 (“Equity Value Exchange Ratio”). The accumulated deficit of Legacy FaZe has been carried forward after the Business Combination. Notice of Delisting On March 23, 2023, the Company received a letter (the “Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, par value $0.0001 per share (the “Common Stock”), failed to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the Letter. The notice has no immediate effect on the listing of the Common Stock or warrants, and the Common Stock and warrants will continue to trade on The Nasdaq Capital Market under the symbols “FAZE” and “FAZEW,” respectively. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until September 19, 2023 (the “Compliance Date”), by which the Company must regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days at any time prior to the Compliance Date, unless the Staff exercises its discretion to extend this ten -day If the Company does not regain compliance with the minimum bid price requirement by the Compliance Date, the Company may be eligible for an additional 180 -calendar	1. FaZe Holdings Inc. (“FaZe” or the “Company”), is a lifestyle and media platform rooted in gaming and youth culture. The Company’s premium brand, talent network, and large audience can be monetized across a variety of products and services. On July 19, 2022 (the “Closing Date”), pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) dated as of October 24, 2021 (as amended in December 2021 and March 2022), by and among B. Riley 150 Merger Corp. (“B. Riley 150”), a special purpose acquisition company, and BRPM Merger Sub, Inc., a directly wholly owned subsidiary of B. Riley 150 (“Merger Sub”) and FaZe Clan, Inc. (“Legacy FaZe”), the parties consummated the merger of Merger Sub with and into Legacy FaZe, with Legacy FaZe continuing as the surviving corporation (the “Merger”), as well as the other transactions contemplated by the Merger Agreement (the Merger and such other transactions, the “Business Combination”). In connection with the closing of the Business Combination (the “Closing”), Legacy FaZe became a wholly owned subsidiary of B. Riley 150, which changed its name to “FaZe Holdings Inc.” The Merger is further described in Note 4, Business Combination. Legacy FaZe determined that it was the accounting acquirer in the Business Combination based on an analysis of the criteria outlined in Accounting Standards Codification (“ASC”) 805, Business Combinations. The Merger was accounted for as a reverse recapitalization, in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Under this method of accounting, B. Riley 150 was treated as the acquired company for financial reporting purposes. Accordingly, the Business Combination was treated as the equivalent of Legacy FaZe issuing stock for the net assets of B. Riley 150, accompanied by a recapitalization. The net assets of B. Riley 150 were stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of Legacy FaZe. In accordance with guidance applicable to these circumstances, the equity structure has been retroactively restated in all comparative periods up to the Closing Date, to reflect the number of shares of the Company’s common stock issued to Legacy FaZe’s common stockholders in connection with the Business Combination. As a result, these financial statements represent the continuation of Legacy FaZe and the historical shareholders’ deficit. Common stock, preferred stock and loss per share of Legacy FaZe prior to the Business Combination have been retrospectively adjusted for the Business Combination using an exchange ratio of 2.2267 (“Equity Value Exchange Ratio”). The accumulated deficit of Legacy FaZe has been carried forward after the Business Combination.

Liquidity

Liquidity	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Liquidity Abstract
LIQUIDITY	2. As shown in the accompanying consolidated financial statements, the Company has incurred significant recurring losses resulting in an accumulated deficit. The Company anticipates further losses in the development of its business. The Company also had negative cash flows used in operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Based on its cash resources and positive working capital as of March 31, 2023, the Company believes it has sufficient resources to fund its operations at least until twelve months from the date of issuance of these financial statements. The positive working capital as of March 31, 2023 was mainly due to funds from the PIPE offering and from the Business Combination. On May 10, 2023, Company, and YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), entered into a Standby Equity Purchase Agreement (the “SEPA”). The Company will have the right to issue and sell to the Investor, from time to time, as provided in the SEPA, and the Investor shall purchase from the Company, up to $25 million in aggregate gross purchase price (the “Commitment Amount”) of the newly issued shares of the Company’s common stock, par value $0.0001 (the “Common Stock”) (each such sale, an “Advance”) by delivering written notice to the Investor (each, an “Advance Notice” and the date on which the Company is deemed to have delivered an Advance Notice, the “Advance Notice Date”). The Common Stock purchased pursuant to an Advance will be purchased at a price equal to 97% of the lowest daily VWAP of the Common Stock during the three consecutive trading days commencing on the Advance Notice Date. “VWAP” means, for any trading day, the daily volume weighted average price of the Common Stock for such trading day on the Nasdaq Stock Market during regular trading hours as reported by Bloomberg L.P. The issuance of the Common Stock under the SEPA will be subject to certain limitations, including that (i) the Investor may not purchase any Common Stock that would result in it owning more than 4.99% of the Company’s Common Stock or (ii) the aggregate number of Common Stock issued pursuant to the SEPA cannot exceed 19.9% of the Company’s Common Stock as of as of the date of the SEPA (referred to as the “Exchange Cap”). The Exchange Cap shall not be applicable if: (i) the Company’s stockholders have approved the issuance of Common Stock in excess of the Exchange Cap in accordance with the applicable rules of the Principal Market or (ii) to the extent that (and only for so long as) the average price for the issuance of Common Stock equals or exceed the lower of (i) the Nasdaq Official Closing Price (as reflected on Nasdaq.com) immediately preceding the date of the SEPA; or (ii) the average Nasdaq Official Closing Price for the five Trading Days immediately preceding the date of the SEPA. As consideration for the Investor’s commitment to purchase Common Stock at the Company’s direction upon the terms and subject to the conditions set forth in the SEPA, the Company will issue 487,995 The SEPA shall terminate automatically on the earliest of (i) the first day of the month next following the 36 -month	2. As shown in the accompanying consolidated financial statements, the Company has incurred significant recurring losses resulting in an accumulated deficit. The Company anticipates further losses in the development of its business. The Company also had negative cash flows used in operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Based on its cash resources and positive working capital as of December 31, 2022, the Company has sufficient resources to fund its operations at least until the end of April 3, 2024. The positive working capital as of December 31, 2022 was mainly due to funds from the PIPE offering and from the business combination. Absent generation of sufficient revenue from the execution of the Company’s business plan, the Company will need to obtain debt or equity financing by April 3, 2024. Because of these factors, the Company believes that this alleviates the substantial doubt in connection with the Company’s ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3. Basis of Presentation The accompanying interim Condensed Consolidated Financial Statements of the Company have been prepared in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and are consistent in all material respects with those applied in the Company’s Annual Report on Form 10 -K The interim financial information is unaudited, but reflects all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. The interim Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Company’s Annual Report on Form 10 -K -based There have been no material changes in the Company’s significant accounting policies as compared to the significant accounting policies described in the Company’s Annual Report on Form 10 -K Principles of consolidation The Condensed Consolidated Financial Statements include the accounts of FaZe Holdings Inc. and its wholly owned subsidiary. All significant intercompany balances and transactions have been eliminated. Use of Estimates The preparation of the Company’s Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the consolidated financial statements. The inputs into certain of these estimates and assumptions include the consideration of the economic impact of the COVID -19 -based COVID-19 The continuing presence of COVID -19 -19 -19 -19 -term -term -19 -19 -19 Content Asset, net The Company produces programming content which it plans to broadcast on online video and streaming platforms. Costs of produced content consist of development and production costs. These costs are capitalized as “Content Asset, net” on the Consolidated Balance Sheets. Each title is predominantly monetized on its own. At the specific title level, the Company tests the content asset for impairment when events and circumstances indicate that its fair value may be less than its unamortized cost. If the carrying value of a content asset exceeds its estimated fair value, an impairment charge will be recorded in the amount of the difference. The Company’s policy is to amortize the content asset once the content airs. Given that the content was fully written off prior to airing, no amortization expense was recorded for the three months ended March 31, 2023 and 2022. The Company does not own any purchased or licensed programming content. Exploitation costs such as marketing, advertising, publicity, promotion, and other distribution expenses directly connected with the distribution of the content asset are expensed as incurred. Fixed Assets Fixed assets are stated at cost less accumulated depreciation. Cost includes expenditures for furniture, computer equipment, vehicles, leasehold improvements, and other assets. Maintenance and repairs are charged to expense as incurred. When assets are sold, retired, or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in operations. The costs of fixed assets are depreciated using the straight -line Revenue Recognition and Contract Balances Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s payment terms and conditions vary by customer and contract type. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company does not adjust the promised amount of consideration for the effects of a significant financing component when the Company expects, at contract inception, that the period between the Company’s transfer of a promised product or service to the Company’s customer and payment for that product or service will be one year or less. The Company generally records a receivable related to revenue when the Company has an unconditional right to invoice and receive payment. Contract assets arise from contracts when revenue is recognized over time and the amount of revenue recognized, including management’s estimate of variable consideration that has been included in the transaction price exceeds the amount billed to the customer. These amounts are included in contract assets until the right to payment is no longer conditional on events other than the passage of time. These contract assets are reclassified to receivables when the right to consideration becomes unconditional. For the three months ending March 31, 2023, and 2022, no impairment was recorded from contract assets. The Company’s allowances for doubtful accounts are typically immaterial and, if required, are based on management’s best estimate of expected credit losses inherent in the Company’s accounts receivable balance. Contract liabilities are recorded in the event that the Company bills for services in advance of the time the services are performed, or when cash payments are received or due in advance of satisfying the Company’s performance obligations, even if amounts are refundable. Contract liabilities recorded at March 31, 2023, and December 31, 2022, represent the Company’s accounting for the timing difference between when the customer is billed or funds are received and when the performance obligation is satisfied. During the three months ended March 31, 2023 and 2022, the Company recognized $2.6 million and $3.0 million as revenue that was relating to the contract liability balance as of January 1, 2023 and 2022, respectively. The following table disaggregates the Company’s revenue by major type for the three months ended March 31, 2023, and 2022: (In thousands) Three months ended 2023 2022 Brand sponsorships $ 6,263 $ 8,060 Content 3,028 4,681 Consumer products 388 403 Esports 2,847 2,426 Other 24 234 Total revenue $ 12,550 $ 15,804 The section below describes the Company’s revenue recognition policies and significant judgments in further detail for each major revenue source of the Company. Brand Sponsorships The Company offers advertisers a full range of promotional vehicles, including but not limited to online advertising, livestream announcements, content generation, social media posts, logo placement on the Company’s official merchandise, and special appearances of members of the Company’s talent roster. The Company’s brand sponsorship agreements may include multiple services that are capable of being individually distinct; however the intended benefit is an association with the Company’s brand, and the services are not distinct within the context of the contracts. Revenues from brand sponsorship agreements are recognized ratably over the contract term. Payment terms and conditions vary, but payments are generally due periodically throughout the term of the contract. In instances where the timing of revenue recognition differs from the timing of billing, management has determined the brand sponsorship agreements generally do not include a significant financing component. Content The Company and our talent roster generates and produces original content which the Company monetizes through Google’s AdSense service. Revenue is variable and is earned when the visitor views or “clicks through” on the advertisement. The amount of revenue earned is reported to the Company monthly and is recognized upon receipt of the report of viewership activity. Payment terms and conditions vary, but payments are generally due within 30 to 45 days after the end of each month. The Company grants exclusive licenses to customers for certain content produced by the Company’s talent. The Company grants the customer a license to the intellectual property, which is the content and its use in generating advertising revenues, for a pre -determined Principal Versus Agent Considerations A significant amount of the Company’s brand sponsorship and content revenues are generated from the Company’s talent, who are under exclusive, multi -year -sharing Consumer Products The Company earns consumer products revenue from sales of the Company’s consumer products on the Company’s website or at live or virtual events. Revenues are recognized at a point in time, as control is transferred to the customer upon shipment. The Company offers customer returns and discounts through a third -party incentive programs that are material to revenue recognition. Payment is due at the time of sale. The Company has outsourced the design, manufacturing, fulfillment, distribution, and sale of the Company’s consumer products to a third party in exchange for royalties based on the amount of revenue generated. Management evaluated the terms of the agreement to determine whether the Company’s consumer products revenues should be reported gross or net of royalties paid. Key indicators that management evaluated in determining whether the Company is the principal in the sale (gross reporting) or an agent (net reporting) include, but are not limited to: • • • Based on management’s evaluation of the above indicators, the Company reports consumer products revenues on a gross basis. Esports League Participation -share Player Transfer Fees Licensing of Intellectual Property Transaction Price Allocated to the Remaining Performance Obligations For the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2023, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Revenue expected to be recognized in the future related to performance obligations that have original expected durations greater than one year that are unsatisfied (or partially unsatisfied) as of March 31, 2023 were not material. Warrants The Company accounts for warrants as either equity -classified -classified -10-15-74 -classified The classification of warrants, including whether warrants should be recorded as liabilities or as equity, is re -assessed -classified -Scholes -Scholes Stock-Based Compensation The Company accounts for its stock -based -based Legacy FaZe has issued stock options before there was an active market for the Company’s common stock. The Board of Directors (the “Board”) was required to estimate the fair value of the Company’s common stock at the time of each award. The Board considered numerous objective and subjective factors in determining the value of the Company’s common stock at each grant date, including the following: (1) the per -share -length -length For stock options, the Company estimates the fair value using the Black -Scholes -free The Black -Scholes -based -based -based Fair Value Measurement The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The fair value hierarchy consists of the following three levels: Level 1: Quoted prices in active markets for identical assets or liabilities Level 2: Quoted prices for similar assets and liabilities in active markets or inputs other than quoted prices which are observable for the assets or liabilities Level 3: Unobservable inputs which are supported by little or no market activity The carrying amount of the Company’s financial instruments, including cash, accounts receivable, notes receivable, and accounts payable, approximate fair value due to their short -term The Company’s private placement warrants (the “Private Placement Warrants”) are accounted for as liabilities in accordance with ASC 815 -40 See Note 6, Private Placement Warrants and Recurring Fair Value Measurements, for additional information on the Company’s liabilities measured at fair value. Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted average shares of the Company’s common stock outstanding during the period. Diluted earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted -average Segment Reporting Operating segments are defined as components of an entity for which separate financial information is available and 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 has determined that its Chief Executive Officer is the CODM. The Company operates and reports financial information in one segment, as the CODM reviews financial information presented on a consolidated basis, at the Company level, for the purposes of making operating decisions, allocation of resources, and evaluating financial performance. As of March 31, 2023 and December 31, 2022, the Company did not have material assets located outside of the United States. For the three months ended March 31, 2023 and 2022, the Company had international Esports revenue of $2.3 million and no material revenue, respectively, earned outside of the United States. Recently Adopted Accounting Pronouncements In September 2016, the FASB issued ASU 2016 -13 estimates and judgements used in estimating credit losses. The new guidance is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption of this standard did not have a material impact on the Company’s financial statements and related disclosures. Out-of-Period Adjustment During the three months ended March 31, 2023, the Company recorded an out -of-period	3. Basis of Presentation The accompanying consolidated financial statements include the accounts and operations of the Company. All intercompany accounts and transactions have been eliminated. The consolidated financial statements have been prepared in accordance with U.S. GAAP The preparation of the consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from these estimates and assumptions. Principles of consolidation The consolidated financial statements include the accounts of FaZe Holdings Inc. and its wholly owned subsidiary. All significant intercompany balances and transactions have been eliminated. Voluntary Change in Accounting Principle During the year ended December 2022, we made a voluntary change in accounting principle to classify certain talent costs and talent acquisition amortization costs reported in prior periods have been reclassified from general and administrative to cost of goods sold to conform with the current presentation, to better identify costs related to revenue generation. In accordance with U.S. GAAP, the change has been reflected in the consolidated statements of operations through retrospective application. (in thousands) For the twelve months ended Prior to change Effect of Change As Adjusted Cost of revenues $ 41,553 $ 2,323 $ 43,876 General and administrative 39,401 (2,323 ) 37,078 Gross profit 11,299 (2,323 ) 8,976 Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the consolidated financial statements. The inputs into certain of these estimates and assumptions include the consideration of the economic impact of the COVID -19 -based COVID-19 The continuing presence of COVID -19 -19 -19 -19 -term long -term -19 -19 -19 Content Asset, net The Company produces programming content which it plans to broadcast on online video and streaming platforms. Costs of produced content consist of development and production costs. These costs are capitalized as “Content Asset, net” on the Consolidated Balance Sheets. Each title is predominantly monetized on its own. At the specific title level, the Company tests the content asset for impairment when events and circumstances indicate that its fair value may be less than its unamortized cost. If the carrying value of a content asset exceeds its estimated fair value, an impairment charge will be recorded in the amount of the difference. In April 2022, the Company performed an evaluation of its content asset and determined that the underlying programming of the content asset will not be released. In addition, the Company determined that the content asset has no further utility. Accordingly, the Company recorded an impairment loss of $1.1 million to write off the entire carrying value of content asset. As such, the Company has no content asset balance as of December 31, 2022. Content asset balance as of December 31, 2021 was $0.5 million. The Company’s policy is to amortize the content asset once the content airs. Given that the content was fully written off prior to airing, no amortization expense was recorded for the years ended December 31, 2022 and 2021. The Company does not own any purchased or licensed programming content. Exploitation costs such as marketing, advertising, publicity, promotion, and other distribution expenses directly connected with the distribution of the content asset are expensed as incurred. Fixed Assets Fixed assets are stated at cost less accumulated depreciation. Cost includes expenditures for furniture, computer equipment, vehicles, leasehold improvements, and other assets. Maintenance and repairs are charged to expense as incurred. When assets are sold, retired, or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in operations. The costs of fixed assets are depreciated using the straight -line Revenue Recognition and Contract Balances Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s payment terms and conditions vary by customer and contract type. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company does not adjust the promised amount of consideration for the effects of a significant financing component when the Company expects, at contract inception, that the period between the Company’s transfer of a promised product or service to the Company’s customer and payment for that product or service will be one year or less. The Company generally records a receivable related to revenue when the Company has an unconditional right to invoice and receive payment. Contract assets arise from contracts when revenue is recognized over time and the amount of revenue recognized, including management’s estimate of variable consideration that has been included in the transaction price exceeds the amount billed to the customer. These amounts are included in contract assets until the right to payment is no longer conditional on events other than the passage of time. These contract assets are reclassified to receivables when the right to consideration becomes unconditional. For the year ending December 31, 2022, and 2021, no impairment was recorded from contract assets. The Company’s allowances for doubtful accounts are typically immaterial and, if required, are based on management’s best estimate of expected credit losses inherent in the Company’s accounts receivable balance. Contract liabilities are recorded in the event that the Company bills for services in advance of the time the services are performed, or when cash payments are received or due in advance of satisfying the Company’s performance obligations, even if amounts are refundable. Contract liabilities recorded at December 31, 2022, and December 31, 2021, represent the Company’s accounting for the timing difference between when the customer is billed or funds are received and when the performance obligation is satisfied. During the year ended December 31, 2022 and 2021, the Company recognized $7.8 million and $0.8 million as revenue that was relating to the contract liability balance as of January 1, 2022 and 2021, respectively. The following table disaggregates the Company’s revenue by major type for the year ended December 31, 2022, and 2021: (in thousands) Year ended December 31, 2022 2021 Brand sponsorships $ 42,096 $ 24,867 Content 14,497 16,068 Consumer products 3,455 5,751 Esports 9,385 5,846 Other 588 320 Total revenue $ 70,021 $ 52,852 The section below describes the Company’s revenue recognition policies and significant judgments in further detail for each major revenue source of the Company. Brand Sponsorships The Company offers advertisers a full range of promotional vehicles, including but not limited to online advertising, livestream announcements, content generation, social media posts, logo placement on the Company’s official merchandise, and special appearances of members of the Company’s talent roster. The Company’s brand sponsorship agreements may include multiple services that are capable of being individually distinct, however the intended benefit is an association with the Company’s brand and the services are not distinct within the context of the contracts. Revenues from brand sponsorship agreements are recognized ratably over the contract term. Payment terms and conditions vary, but payments are generally due periodically throughout the term of the contract. In instances where the timing of revenue recognition differs from the timing of billing, management has determined the brand sponsorship agreements generally do not include a significant financing component. Content The Company generates and produces original content which the Company monetizes through Google’s AdSense service. Revenue is variable and is earned when the visitor views or “clicks through” on the advertisement. The amount of revenue earned is reported to the Company monthly and is recognized upon receipt of the report of viewership activity. Payment terms and conditions vary, but payments are generally due within 30 to 45 days after the end of each month. The Company grants exclusive licenses to customers for certain content produced by the Company’s talent. The Company grants the customer a license to the intellectual property, which is the content and its use in generating advertising revenues, for a pre -determined Principal Versus Agent Considerations A significant amount of the Company’s brand sponsorship and content revenues are generated from the Company’s talent, who are under exclusive, multi -year -sharing Consumer Products The Company earns consumer products revenue from sales of the Company’s consumer products on the Company’s website or at live or virtual events. Revenues are recognized at a point in time, as control is transferred to the customer upon shipment. The Company offers customer returns and discounts through a third -party terms of the agreement to determine whether the Company’s consumer products revenues should be reported gross or net of royalties paid. Key indicators that management evaluated in determining whether the Company is the principal in the sale (gross reporting) or an agent (net reporting) include, but are not limited to: • • • Based on management’s evaluation of the above indicators, the Company reports consumer products revenues on a gross basis. Esports League Participation: -share Player Transfer Fees: Licensing of Intellectual Property: Transaction Price Allocated to the Remaining Performance Obligations For the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2022, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Revenue expected to be recognized in the future related to performance obligations that have original expected durations greater than one year that are unsatisfied (or partially unsatisfied) as of December 31, 2022 were not material. Warrants The Company accounts for warrants as either equity -classified -classified -10-15-74 -classified re -assessed -classified -Scholes -Scholes Stock-Based Compensation The Company accounts for its stock -based -based Legacy FaZe has issued stock options before there was an active market for the Company’s common stock. The Board of Directors (the “Board”) was required to estimate the fair value of the Company’s common stock at the time of each award. The Board considered numerous objective and subjective factors in determining the value of the Company’s common stock at each grant date, including the following: (1) the per -share -length -length For stock options, the Company estimates the fair value using the Black -Scholes -free The Black -Scholes -based -based -based Fair Value Measurement The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The fair value hierarchy consists of the following three levels: Level 1: Level 2: Level 3: The carrying amount of the Company’s financial instruments, including cash, accounts receivable, notes receivable, and accounts payable, approximate fair value due to their short -term The Company’s private placement warrants (the “Private Placement Warrants”) are accounted for as liabilities in accordance with ASC 815 -40 See Note 7, Private Placement Warrants and Recurring Fair Value Measurements, for additional information on the Company’s liabilities measured at fair value. Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted average shares of the Company’s common stock outstanding during the period. Diluted earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted -average Segment Reporting Operating segments are defined as components of an entity for which separate financial information is available and 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 has determined that its Chief Executive Officer is the CODM. The Company operates and reports financial information in one segment, as the CODM reviews financial information presented on a consolidated basis, at the Company level, for the purposes of making operating decisions, allocation of resources, and evaluating financial performance. As of December 31, 2022 and December 31, 2021, the Company did not have material assets located outside of the United States. For the years ended December 31, 2022 and 2021, the Company had $1.8 million and $4.0 million of revenue, respectively, earned outside of the United States. Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU 2020 -06 -20 -40 form -over-substance-based In May 2021, the FASB issued ASU 2021 -04 -50 -40 -Classified -classified -based -04 In February 2016, the FASB issued ASU 2016 -02 -of-use -02 The Company adopted ASC 842 as of January 1, 2022 using the optional transition method to apply the standard as of the effective date. Accordingly, previously reported financial statements, including footnote disclosures, have not been recast to reflect the application of the new standard to all comparative periods presented. The new standard also provides practical expedients for an entity’s ongoing accounting as a lessee. The Company elected to utilize the practical expedient to not separate lease and non -lease -term Adoption of the new lease standard on January 1, 2022 had a material impact on the Company’s consolidated financial statements. The most significant impacts related to the recognition of ROU assets of $2.7 million and lease liabilities of $2.6 million for operating leases on the condensed consolidated balance sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. The standard did not materially impact the Company’s consolidated statement of operations and consolidated statement of cash flows. In December 2019, the FASB issued ASU 2019 -12 -740 -12 to improve consistent application. The guidance is effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022, with early adoption permitted. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements and related disclosures. Accounting Pronouncements Not Yet Adopted As an emerging growth company, the JOBS Act allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are applicable to private companies. The Company elected to use this extended transition period under the JOBS Act until such time the Company is no longer considered to be an emerging growth company. The adoption dates discussed below reflect this election. In September 2016, the FASB issued ASU 2016 -13

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
BUSINESS COMBINATION	4. As discussed in Note 1, Description of the Business, on July 19, 2022, the Business Combination was consummated. The following transactions occurred in connection with the Business Combination: • • -party -party • • • • -to-one • • • -out • As of the Closing Date and following the completion of the Business Combination, the Company had the following outstanding securities: • • As a result of the Business Combination, Legacy FaZe received net cash consideration of $57.8 million. Legacy FaZe and B. Riley 150 incurred costs that were considered direct and incremental costs associated with the transaction. These costs amounted to $25.9 million and were treated as a reduction of additional paid -in Cash flows provided to or paid by Legacy FaZe or the Company in connection with the Business Combination are included in the Company’s Consolidated Statements of Cash Flows as financing activities.

Property, Equipment and Leaseho

Property, Equipment and Leasehold Improvements	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS	4. Property, equipment and leasehold improvements as of March 31, 2023 and December 31, 2022 consisted of the following: (In thousands) March 31, December 31, Furniture/Fixtures $ 897 $ 897 Computer equipment 3,681 3,640 Vehicles 106 106 Leasehold improvements 862 801 Subtotal 5,546 5,444 Less: Accumulated depreciation (2,087 ) (1,623 ) Property, equipment and leasehold improvements, net $ 3,459 $ 3,821 Depreciation expense totaled $0.5 million and $0.1 million for the three months ended March 31, 2023 and 2022, respectively, During the three months ended March 31, 2023, the Company disposed of certain leasehold improvements that were fully depreciated at the time of disposal, and there was no gain or loss on disposal.	5. Property, equipment and leasehold improvements as of December 31, 2022 and December 31, 2021 consisted of the following: (in thousands) December 31, December 31, Furniture/Fixtures $ 897 $ 159 Computer equipment 3,640 708 Vehicles 106 106 Leasehold improvements 801 731 Subtotal 5,444 1,704 Less: Accumulated depreciation (1,623 ) (779 ) Property, equipment and leasehold improvements, net $ 3,821 $ 925 Depreciation expense totaled $1.3 million and $0.5 million for the year ended December 31, 2022 and 2021, respectively, During the year ended December 31, 2022, the Company disposed of certain leasehold improvements that were fully depreciated at the time of disposal, and there was no gain or loss on disposal.

Intangible Assets

Intangible Assets	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Intangible Assets [Abstract]
INTANGIBLE ASSETS	5. Intangible assets as of March 31, 2023 and December 31, 2022 consisted of the following: (In thousands) As of March 31, 2023 Useful Life Gross Accumulated Net Website development 3 years $ 416 $ 208 $ 208 Talent acquisition 2 – 3 years 1,054 603 451 Intangible assets, net $ 1,470 $ 811 $ 659 (In thousands) As of December 31, 2022 Useful Life Gross Accumulated Net Website development 3 years $ 377 $ 175 $ 202 Talent acquisition 2 – 3 years 1,201 555 646 Intangible assets, net $ 1,578 $ 730 $ 848 Amortization expense totaled $0.2 million and $0.1 million for the three months ended March 31, 2023 and 2022, respectively. The following table presents the estimated future amortization of intangible assets: Years ending December 31, (In thousands) 2023 (remainder) $ 308 2024 299 2025 51 2026 1 Total future amortization of amortizable intangible assets $ 659 The Company did not have any fully amortized intangible assets as of March 31, 2023 and as of March 31, 2022.	6. Intangible assets as of December 31, 2022 and December 31, 2021 consisted of the following: As of December 31, 2022 Useful Life (in thousands) Gross Accumulated Net Website development 3 years $ 377 $ 175 $ 202 Talent acquisition 2 – 3 years 1,201 555 646 Intangible assets, net $ 1,578 $ 730 $ 848 As of December 31, 2021 Useful Life (in thousands) Gross Accumulated Net Website development 3 years $ 211 $ 75 $ 136 Talent acquisition 2 – 3 years 1,653 1,051 602 Intangible assets, net $ 1,864 $ 1,126 $ 738 Amortization expense totaled $0.6 million and $0.5 million for the year ended December 31, 2022 and 2021, respectively. The following table presents the estimated future amortization of intangible assets: Years ending December 31, (in thousands) 2023 $ 478 2024 332 2025 38 2026 — Total future amortization of amortizable intangible assets $ 848 During the year ended December 31, 2022, the Company removed $1.0 million of intangible assets, that were fully amortized from intangible assets and accumulated amortization, and there was no gain or loss on the removal. The Company did not have any fully amortized intangible assets as of December 31, 2022.

Private Placement Warrants and

Private Placement Warrants and Recurring Fair Value Measurements	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Private Placement Warrants and Recurring Fair Value Measurements [Abstract]
PRIVATE PLACEMENT WARRANTS AND RECURRING FAIR VALUE MEASUREMENTS	6. Warrant Liability Prior to the Business Combination, B. Riley 150 issued 173,333 Private Placement Warrants with an exercise price of $11.50 per share. The Private Placement Warrants are identical to the Public Warrants, as described in Note 7, Equity, except that the Private Placement Warrants (including the common stock underlying the Private Placement Warrants) were not transferable, assignable or salable until August 18, 2022, and they are not redeemable by the Company for cash so long as they are held by the sponsor or its permitted transferees. The sponsor, or its permitted transferees, has the option to exercise the Private Placement Warrants on a cashless basis. If the Private Placement Warrants are held by holders other than the sponsor or its permitted transferees, the Private Placement Warrants can be redeemable by the Company in all redemption scenarios and exercisable by the holders on the same basis as the Public Warrants. Upon the Closing of the Business Combination, the Company has determined that the Private Placement Warrants are classified as liabilities and marked to market at each reporting period. A Black -Scholes -price -free -free -free -coupon The key inputs into the Black -Scholes March 31, December 31, Risk-free interest rate 3.7 % 4.0 % Expected term (years) 4.3 4.5 Expected volatility 91.5 % 53.3 % Exercise price $ 11.50 $ 11.50 Dividend yield 0 0 The following table presents a summary of the changes in the fair value of the Private Placement Warrants liability since the Closing Date: (In thousands) Warrant liabilities at July 19, 2022 $ 114 Change in fair value of warrant liabilities (90 ) Warrant liabilities at December 31, 2022 24 Change in fair value of warrant liabilities (13 ) Warrant liabilities at March 31, 2023 $ 11 The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. (In thousands) March 31, Quoted Significant Significant Liabilities: Private Placement Warrants $ 11 $ — $ — $ 11 Total $ 11 $ — $ — $ 11 (In thousands) December 31, 2022 Quoted Significant Significant Liabilities: Private Placement Warrants $ 24 $ — $ — $ 24 Total $ 24 $ — $ — $ 24	7. Warrant Liability Prior to the Business Combination, B. Riley 150 issued 173,333 Private Placement Warrants with an exercise price of $11.50 per share. The Private Placement Warrants are identical to the Public Warrants, as described in Note 9, Equity, except that the Private Placement Warrants (including the common stock underlying the Private Placement Warrants) were not transferable, assignable or salable until August 18, 2022 and they are not redeemable by the Company for cash so long as they are held by the sponsor or its permitted transferees. The sponsor, or its permitted transferees, has the option to exercise the Private Placement Warrants on a cashless basis. If the Private Placement Warrants are held by holders other than the sponsor or its permitted transferees, the Private Placement Warrants can be redeemable by the Company in all redemption scenarios and exercisable by the holders on the same basis as the Public Warrants. Upon the Closing of the Business Combination, the Company has determined that the Private Placement Warrants are classified as liabilities and marked to market at each reporting period. A Black -Scholes -price -free -free -free The key inputs into the Black -Scholes December 31, December 31, Risk-free interest rate 4.0 % 1.3 % Expected term (years) 4.5 5.5 Expected volatility 53.3 % 18.5 % Exercise price $ 11.50 $ 11.50 Dividend yield 0 0 The following table presents a summary of the changes in the fair value of the Private Placement Warrants liability since the Closing Date: (in thousands) Warrant liabilities at July 19, 2022 $ 114 Change in fair value of warrant liabilities (90 ) Warrant liabilities at December 31, 2022 $ 24 The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. As of December 31, 2021, no assets and liabilities were measured at fair value on a recurring basis. (in thousands) December 31, Quoted Prices in Significant Other Significant Other Liabilities: Private Placement Warrants $ 24 $ — $ — $ 24 Total $ 24 $ — $ — $ 24

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt [Abstract]
DEBT	8. As of December 31, 2022, there is no debt outstanding as all outstanding debts have been paid off or converted into Legacy FaZe common stock and eventually to Company common stock as a result of the Business Combination. Debt as of December 31, 2021 consisted of the following: As of December 31, 2021 (in thousands) Unpaid Short- Long- Unamortized Net 2021 Cox Convertible Promissory $ 15,000 $ — $ 15,000 $ — $ 15,000 2021 Convertible Promissory Notes 675 — 675 — 675 2020 Secured Convertible Promissory Note 55,000 — 55,000 (358 ) 54,642 2020 Convertible Promissory Notes 2,525 2,025 500 — 2,525 2020 PPP Loan 1,123 1,123 — — 1,123 Other loans 37 — 37 — 37 Total principal amount outstanding $ 74,360 $ 3,148 $ 71,212 $ (358 ) $ 74,002 2021 Cox Convertible Promissory Notes In August 2021, Legacy FaZe entered into an agreement with Cox Investment Holdings, Inc. (“Cox”) to which the Legacy FaZe sold convertible promissory notes totaling $10.0 million. The maturity date is the earliest of (a) December 15, 2023, (b) the consummation of an initial public offering, (c) the merger of Legacy FaZe with another entity, (d) a transaction pursuant to which more than 50% of Legacy FaZe’s equity securities come to be owned by an unrelated third party, (e) a sale of all or substantially all of the assets of Legacy FaZe, or (f) the consummation of a private round of equity financing resulting in aggregate gross proceeds to Legacy FaZe of at least $15.0 million (“Cox Qualified Financing”). In addition, Cox exercised its right to purchase an additional $5.0 million in Cox Convertible Promissory Notes in October 2021. The convertible promissory notes are convertible, at the investor’s election, into shares of common stock or shares of the series or class of capital stock most recently sold in a Cox Qualified Financing consummated prior to such time. The conversion price is equal to the lesser of (a) the imputed pre -money -exercised -converted The 2021 Cox Convertible Promissory Notes, which cannot be prepaid without consent of the holder, bear interest at a rate of 10.00% per annum and are secured against substantially all assets of Legacy FaZe. Legacy FaZe evaluated the embedded conversion feature in accordance with ASC 815 and determined that embedded conversion feature did not meet the definition of a derivative and therefore did not account for it as a separate derivative liability. As a result of the Business Combination, on the Closing Date, $15.0 million of Legacy FaZe’s 2021 Cox Convertible Promissory Notes with $1.3 million accrued interest were converted into 3,096,908 2021 Convertible Promissory Notes In June and August 2021, Legacy FaZe entered into Convertible Promissory Note agreements with accredited investors pursuant to which Legacy FaZe sold Promissory Notes totaling $0.7 million. For each note issued, the maturity date is the second anniversary of the date of the Purchase Agreement. The conversion price is equal to 90% of the price per share sold in a preferred stock financing, provided the price is subject to adjustment in the event Legacy FaZe’s enterprise value is greater than $250.0 million on that date. The 2021 Convertible Promissory Notes, which cannot be prepaid without consent of the holder, bear interest at a rate of 4.00% per annum and are subordinate and junior in right of payment to any senior indebtedness of Legacy FaZe. Legacy FaZe evaluated the embedded conversion feature in accordance with ASC 815 and determined that embedded conversion feature did not meet the definition of a derivative and therefore did not account for it as a separate derivative liability. As a result of the Business Combination, on the Closing Date, $0.7 million of Legacy FaZe’s 2021 Convertible Promissory Notes with $26,770 accrued interest were converted into 133,276 2020 Secured Convertible Note Purchase Agreements and Secured Convertible Promissory Notes In December 2020, Legacy FaZe entered into a Secured Convertible Note Purchase Agreement as amended on February 22, 2021, April 23, 2021, and August 16, 2021 (together, the “Purchase Agreement”) with CPH Phase II SPV L.P. and CPH Phase III SVP L.P., accredited investors, (collectively referred to as “CPH Noteholders”) pursuant to which Legacy FaZe agreed to sell Secured Convertible Promissory Notes (the “CPH Notes”), for a total of up to $91.7 million, to the investors. Legacy FaZe issued Secured Convertible Promissory Notes to the investors for a total of $55.0 million. In October 2021, Legacy FaZe entered into an agreement with the CPH Noteholders, for the settlement of the accrued interest on the CPH Notes and the settlement of the purchaser’s right, but not obligation, to purchase additional CPH Notes from Legacy FaZe for up to $36.7 million expiring in June 2022 (“CPH Right”). The CPH Right has an anti -dilution -in-control For each note issued under the Purchase Agreement, the maturity date is the earlier of December 15, 2023 of either (i) an initial public offering, (ii) a transaction or series of related transactions pursuant to which more than 50% of Legacy FaZe’s equity securities come to be owned by an unrelated third party or (iii) the sale of all or substantially all of the assets of Legacy FaZe (a “Liquidity Event”). The CPH Notes are convertible, at the investor’s election, into shares of common stock or shares of the series or class of capital stock (“Conversion Shares”) sold in a private round of equity financing consummated after January 1, 2021 that result in gross proceeds of at least $15.0 million (a “CPH Qualified Financing”). The conversion price is equal to the imputed pre -money -exercised -converted Legacy FaZe may prepay the CPH Notes in whole or in part at any time without penalty, provided the investor has the right to utilize the proceeds to purchase the Conversion Shares at the conversion price prior to the maturity date. The CPH Notes bear interest at 10.00% per annum and are secured against substantially all assets of Legacy FaZe. Legacy FaZe evaluated the embedded conversion feature in accordance with ASC 815 and determined that embedded conversion feature did not meet the definition of a derivative and therefore did not account for it as a separate derivative liability. As a result of the Business Combination, on the Closing Date, $54.7 million of Legacy FaZe’s 2020 Secured Convertible Note Purchase Agreements and Secured Convertible Promissory Notes, with $5.3 million accrued interest, were converted into 15,769,002 2020 Convertible Promissory Notes In March — June 2020, Legacy FaZe entered into Convertible Promissory Note agreements with accredited investors pursuant to which Legacy FaZe sold Convertible Promissory Notes totaling $2.5 million. Subsequent to the execution of the Merger Agreement, in November and December 2021, Legacy FaZe entered into consent letters with each of the 2020 Convertible Promissory Note Holders wherein each note was converted into a number of shares of Legacy FaZe’s common stock immediately prior to the Merger. The conversion price was equal to $250.0 million or $200.0 million divided by the total number of shares of capital stock of Legacy FaZe issued and outstanding, calculated on an as -exercised -converted The 2020 Convertible Promissory Notes, which cannot be prepaid without consent of the holder, bear interest at a rate of 4.00% per annum and are subordinate and junior in right of payment to any senior indebtedness of Legacy FaZe. Legacy FaZe evaluated the embedded conversion feature in accordance with ASC 815 and determined that embedded conversion feature did not meet the definition of a derivative and therefore did not account for it as a separate derivative liability. As a result of the Business Combination, on the Closing Date, $2.5 million of Legacy FaZe’s 2020 Convertible Promissory Notes, with $0.2 million accrued interest, were converted into 546,220 2022 B. Riley Term Loan In March 2022, Legacy FaZe entered into a Bridge Loan Agreement with B. Riley Commercial Capital, LLC (“B. Riley Lender”), an affiliate of B. Riley 150, pursuant to which Legacy FaZe received a term loan in the amount of $10.0 million in a single advance (“Initial Term Loan”). Upon receipt of a borrowing notice from Legacy FaZe to B. Riley Lender in April 2022, B. Riley Lender issued Legacy FaZe a second advance of $10.0 million (“Final Term Loan”). The maturity date is the Closing Date of the Merger Agreement. The 2022 B. Riley Term Loan accrues interest at a rate of 7.00% per annum, compounded quarterly, with such interest accrued on the last business day of each calendar quarter, and shall be paid in cash on the maturity date and is secured against substantially all assets of Legacy FaZe. As a result of the Business Combination, on the Closing Date, the Company paid the $20.0 million 2022 B. Riley Term Loan and $0.4 million of accrued interest with the proceeds of the Merger. 2020 Paycheck Protection Program Loan In May 2020, Legacy FaZe entered into a Promissory Note dated May 4, 2020 (the “PPP Loan”) with Harvest Small Business Finance, LLC (“Harvest”), pursuant to which Harvest agreed to make a loan to Legacy FaZe under the Paycheck Protection Program offered by the U.S. Small Business Administration in a principal amount of $1.1 million pursuant to Title 1 of the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”). The PPP Loan proceeds are available to be used to pay for payroll costs, including salaries, commissions and similar compensation, group health care benefits and paid leaves, rent, utilities, and interest on certain other outstanding debt. Legacy FaZe is required to make principal and interest payments in monthly installments, beginning ten months after the last day of the covered period, on the balance that is not forgiven. The loan matures in May 2022 and bears interest at a rate of 1.00% per annum. As a result of the Business Combination, on the Closing Date, the Company paid the $1.1 million of outstanding PPP Loan and $24,760 of accrued interest with the proceeds of the Merger. Interest Expense Interest expense for the year ended December 31, 2022 and 2021 was $4.5 million and $5.5 million, respectively, includes $0.1 million and $0.1 million of amortization of debt issuance costs, respectively.

Equity

Equity	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
EQUITY	7. Prior to the Business Combination, Legacy FaZe had two classes of capital stock outstanding: common stock and preferred stock. Following the Business Combination, the Company has one class of capital stock outstanding: common stock. The following summarizes the terms of the Company’s capital stock. Preferred Stock The Company had 3,545,529 The Company had 3,237,800 -to-one Common Stock The Company had 31,900,878 Pursuant to the Company’s second amended and restated certificate of incorporation, the Company is authorized to issue up to 500,000,000 The Company had 74,046,058 of common stock and 71,551,887 Earn-out Shares As a result of the Business Combination, a number of shares of the Company’s common stock (the “Seller Earn Out”) equal to 6% of the sum of i) the total number of shares of the Company’s common stock issued and outstanding as of immediately after the Closing and ii) the total number of shares of the Company’s common stock equal to the product of the total number of net vested company option shares calculated as of immediately prior to the Closing and the Equity Value Exchange Ratio were issued and are subject to vesting and forfeiture conditions upon reaching certain volume -weighted -out -year • -third -Out • -third -Out -Out -Out -Out • -third -Out • -out -Out -Out -Out -out As a result of the Business Combination, among other things further disclosed in the Sponsor Support Agreement, dated as of October 24, 2021, by and among B. Riley Principal 150 Merger Corp., B. Riley Principal 150 Sponsor Co. LLC, and FaZe Clan Inc., the sponsors agreed that (x) an aggregate of 2,156,250 sponsor shares shall be fully vested and (y) an aggregate of 2,156,250 sponsor shares (the “Sponsor Earn -Out -out The Earn -out -40 As of March 31, 2023, the Earn -Out Public Warrants to Acquire Common Stock Prior to the Business Combination, there were 5,750,000 Public Warrants issued and outstanding in connection with the initial public offering of B. Riley 150 with an exercise price of $11.50 per share. The Public Warrants became exercisable 30 days after the Business Combination. Each whole share of the warrant is exercisable for one share of the Company’s common stock. The Company may redeem the outstanding Public Warrants for $0.01 per warrant upon at least 30 days’ prior written notice of redemption given after the warrants become exercisable, if the reported last sale price of the common stock equals or exceeds $18.00 per share (as adjusted for stock dividends, sub -divisions -trading The Public Warrants meet the definition of a derivative financial instrument and the equity scope exception in ASC 815 -10-15-74 As of March 31, 2023, all 5,750,000 Public Warrants remain outstanding.	9. Prior to the Business Combination, Legacy FaZe had two classes of capital stock outstanding: common stock and preferred stock. Following the Business Combination, the Company has one class of capital stock outstanding: common stock. The following summarizes the terms of the Company’s capital stock. Preferred Stock The Company had 3,545,529 Pursuant to the Company’s second amended and restated certificate of incorporation, the Company is authorized to issue up to 1,000,000 The Company had 3,237,800 -to-one Common Stock The Company had 31,900,878 Pursuant to the Company’s second amended and restated certificate of incorporation, the Company is authorized to issue up to 500,000,000 The Company had 71,511,887 of common stock and 8,461,706 Earn-out Shares As a result of the Business Combination, a number of the Company’s common stock (the “Seller Earn Out”) equal to 6% of the sum of i) the total number of the Company’s common stock issued and outstanding as of immediately after the Closing and ii) the total number of shares of the Company’s common stock equal to the product of the total number of net vested company option shares calculated as of immediately prior to the Closing and the Equity Value Exchange Ratio were issued and is subject to vesting and forfeiture conditions upon reaching certain volume -weighted -out -year • -third • -third -Out • -third -Out • -out -out -out -out -out As a result of the Business Combination, among other things further disclosed in the Sponsor Support Agreement, the sponsors agreed that (x) an aggregate of 2,156,250 sponsor shares shall be fully vested and (y) an aggregate of 2,156,250 sponsor shares (the “Sponsor Earn -Out -out The Earn -out -40 As of December 31, 2022, the Earn -Out Public Warrants to Acquire Common Stock Prior to the Business Combination, there were 5,750,000 Public Warrants issued and outstanding in connection with the initial public offering of B. Riley 150 with an exercise price of $11.50 per share. The Public Warrants became exercisable 30 days after the Business Combination. Each whole share of the warrant is exercisable for one share of the Company’s common stock. The Company may redeem the outstanding Public Warrants for $0.01 per warrant upon at least 30 days’ prior written notice of redemption given after the warrants become exercisable, if the reported last sale price of the common stock equals or exceeds $18.00 per share (as adjusted for stock dividends, sub -divisions -trading The Public Warrants meet the definition of a derivative financial instrument and the equity scope exception in ASC 815 -10-15-74 As of December 31, 2022, all 5,750,000 Public Warrants remain outstanding.

Stock Compensation Expense

Stock Compensation Expense	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK COMPENSATION EXPENSE	8. 2022 Omnibus Incentive Plan On October 24, 2021, the stockholders of the Company approved the 2022 Omnibus Incentive Plan (the “OIP”), which became effective as of the Closing Date of the Business Combination. The OIP allows grants of incentive stock options, non -statutory -based -employee 2022 Employee Stock Purchase Plan On October 24, 2021, the stockholders of the Company approved the 2022 Employee Stock Purchase Plan (the “ESPP”), which became effective as of the Closing Date of the Business Combination. An aggregate of 1,791,416 -year in duration. Unless otherwise determined, the offering shall be for a purchase period of 6 months, beginning on the offering date and ending on the exercise date. The purchase price for each share shall be 85% of the fair market value of the Company’s common stock on the offering date or the exercise date, whichever is less. As of March 31, 2023, no awards have been granted under this plan. Amended and Restated 2019 Equity Incentive Plan The Company maintains an equity incentive plan established in October 2019, the Amended 2019 Equity Incentive Plan (the “Legacy FaZe Plan”). The Legacy FaZe Plan allows grants of incentive stock options, non -statutory The following table contains information about the Company’s equity compensation plans as of March 31, 2023: Awards Awards Awards 2022 Omnibus Incentive Plan 12,358,689 1,271,917 11,086,772 2022 Employee Stock Purchase Plan 75,000,000 — 75,000,000 Amended 2019 Equity Incentive Plan 23,380,173 22,440,250 939,923 Stock Compensation Expense Stock -based (In thousands) For the three months ended 2023 2022 Stock options $ 6 $ 56 Restricted stock awards 2,666 1,094 Total stock-based compensation expense $ 2,672 $ 1,150 Options The following is an analysis of the stock option grant activity during the three months ended March 31, 2023: Vested and Nonvested Stock Options Number Weighted Weighted Outstanding December 31, 2022 18,863,654 $ 0.38 4.13 Granted — — — Exercised (2,050,920 ) 0.38 — Expired or forfeited — — — Outstanding March 31, 2023 16,812,734 $ 0.38 3.88 Nonvested Stock Options Number Weighted- Nonvested on December 31, 2022 670,008 $ 0.38 Granted — — Vested (81,101 ) 0.38 Forfeited — — Nonvested on March 31, 2023 588,907 $ 0.38 The Company recognized stock -based -based During the three months ended March 31, 2023 and 2022, the Company granted a total of 0 and 0 options, respectively. Warrants The following is an analysis of the warrant grant activity during the three months ended March 31, 2023: Vested and Nonvested Stock Warrants Number Weighted Weighted Outstanding December 31, 2022 5,923,333 $ 11.50 4.55 Granted — — — Exercised — — — Expired or forfeited — — — Outstanding March 31, 2023 5,923,333 $ 11.50 4.30 During the three months ended March 31, 2023 and 2022, the Company granted a total of 0 and 0 warrants, respectively. As of March 31, 2023 there are no Nonvested Stock Warrants outstanding. Restricted Stock Awards A summary of Restricted Stock Awards (“RSAs”) issuances during the three months ended March 31, 2023 is as follows: Nonvested RSAs Number Weighted Nonvested December 31, 2022 1,649,962 $ 6.27 Granted — — Vested (48,744 ) 6.00 Forfeited — Nonvested March 31, 2023 1,601,218 $ 6.28 The Company recognized stock -based During the three months ended March 31, 2023 and 2022, the Company granted a total of 0 and 212,827 RSAs, respectively. Restricted Stock Units A summary of Restricted Stock Units (“RSUs”) issuances during the three months ended March 31, 2023 is as follows: Nonvested RSUs Number Weighted Nonvested December 31, 2022 702,417 $ 2.79 Granted 95,000 1.09 Vested (57,250 ) 2.63 Forfeited (4,500 ) Nonvested March 31, 2023 735,667 $ 2.48 The Company recognized stock -based During the three months ended March 31, 2023 and 2022, the Company granted a total of 95,000 and 0 RSUs, respectively.	10. 2022 Omnibus Incentive Plan On October 24, 2021, the stockholders of the Company approved the 2022 Omnibus Incentive Plan (the “OIP”), which became effective as of the Closing Date of the Business Combination. The OIP allows grants of incentive stock options, non -statutory -based -employee 2022 Employee Stock Purchase Plan On October 24, 2021, the stockholders of the Company approved the 2022 Employee Stock Purchase Plan (the “ESPP”), which became effective as of the Closing Date of the Business Combination. An aggregate of 1,791,416 -year Amended and Restated 2019 Equity Incentive Plan The Company maintains an equity incentive plan established in October 2019, the 2019 Equity Incentive Plan (the “Legacy FaZe Plan”). The Legacy FaZe Plan allows grants of incentive stock options, non -statutory the Equity Value Exchange Ratio. As of December 31, 2022, 18,863,654 The following table contains information about the plan as of December 31, 2022: Awards Awards Awards 2022 Omnibus Incentive Plan 12,358,689 1,238,667 11,120,022 2022 Employee Stock Purchase Plan 75,000,000 — 75,000,000 Amended 2019 Equity Incentive Plan 23,380,173 19,977,366 3,402,807 Stock Compensation Expense Stock -based (in thousands) For the year ended December 31, 2022 2021 Stock options $ 469 $ 1,635 Restricted stock awards 9,698 2 Total stock – based compensation expense $ 10,167 $ 1,637 Options The following is an analysis of the stock option grant activity: Vested and Nonvested Stock Options Number Weighted Weighted Outstanding December 31, 2021 19,912,281 $ 0.38 4.86 Granted — — — Exercised (1,048,627 ) 0.38 — Expired or forfeited — — — Outstanding December 31, 2022 18,863,654 $ 0.38 4.13 Nonvested Stock Options Number Weighted- Nonvested on December 31, 2021 6,867,852 $ 0.38 Granted — — Vested (6,197,824 ) 0.38 Forfeited — — Nonvested on September 30, 2022 670,008 $ 0.38 The Company recognized stock -based -based During the years ended December 31, 2022 and 2021, the Company granted a total of 0 and 11,545,084 options, respectively. Warrants The following is an analysis of the warrant grant activity: Vested and Nonvested Stock Warrants Number Weighted Weighted Outstanding December 31, 2021 6,575,284 $ 10.41 5.79 Granted — — — Exercised (651,951 ) 0.53 — Expired or forfeited — — — Outstanding December 31, 2022 5,923,333 $ 11.50 4.55 Nonvested Stock Warrants Number Weighted- Nonvested on December 31, 2021 — $ — Granted — — Vested — — Forfeited — — Nonvested on December 31, 2022 — $ — During the years ended December 31, 2022 and 2021, the Company granted a total of 0 and 0 warrants, respectively. Restricted Stock Awards A summary of Restricted Stock Awards (“RSAs”) issuances are as follows: Nonvested RSAs Number Weighted Nonvested December 31, 2021 167,277 $ 5.78 Granted 1,774,698 6.30 Vested (289,013 ) 5.99 Forfeited — — Nonvested December 31, 2022 1,649,962 $ 6.27 The Company recognized stock -based During the years ended December 31, 2022 and 2021, the Company granted a total of 2,899,372 and 1,391,930 RSAs, respectively. Restricted Stock Units A summary of Restricted Stock Units (“RSUs”) issuances are as follows: Nonvested RSUs Number Weighted Nonvested December 31, 2021 — $ — Granted 1,124,674 2.68 Vested (422,257 ) 2.50 Forfeited — — Nonvested December 31, 2022 702,417 $ 2.79 The Company recognized stock -based During the years ended December 31, 2022 and 2021, the Company granted a total of 1,124,674 and 0 RSUs, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	9. Operating Leases The Company leases certain business and residential facilities under operating lease agreements that specify minimum rentals with lease terms ranging from two to two and a half years. The Company’s rent expense for the three months ended March 31, 2023 and 2022 was $0.4 million and $0.4 million, respectively. Rent expense is included in general and administrative expense in the Consolidated Statements of Operations. Scheduled rent increases, if any, are amortized on a straight -line Our lease agreements generally do not provide an implicit borrowing rate; therefore, an internal incremental borrowing rate is determined based on information available at lease commencement date for purposes of determining the present value of lease payments. We used the incremental borrowing rate on March 31, 2023 and December 31, 2022 for all leases that commenced prior to that date. In determining this rate, which is used to determine the present value of future lease payments, we estimate the rate of interest we would pay on a collateralized basis, with similar payment terms as the lease and in a similar economic environment. Lease Costs (In thousands) Three months Three months Components of total lease costs: Operating lease expense $ 397 $ 407 Total lease costs $ 397 $ 407 Lease Positions as of March 31, 2023 and December 31, 2022 ROU lease assets and lease liabilities for our operating leases are recorded on the balance sheet as follows: (In thousands) March 31, December 31, Assets Right of use asset – long term $ 2,319 $ 2,693 Total right of use asset $ 2,319 $ 2,693 Liabilities Operating lease liabilities – short term $ 1,488 $ 1,488 Operating lease liabilities – long term 718 1,084 Total lease liability $ 2,206 $ 2,572 Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating leases 1.4 Weighted average discount rate – operating leases 4 % Future minimum lease payments, which include non -cancelable Year ending March 31, (In thousands) 2023 (remainder) $ 1,184 2024 1,087 2025 5 2026 3 Thereafter — Total minimum lease payment $ 2,279	11. Operating Leases The Company leases certain business and residential facilities under operating lease agreements that specify minimum rentals with lease terms ranging from two to two and a half years. The Company’s rent expense for the year ended December 31, 2022 and 2021 was $1.5 million and $0.9 million, respectively. Rent expense is included in general and administrative expense in the Consolidated Statements of Operations. Scheduled rent increases, if any, are amortized on a straight -line Our lease agreements generally do not provide an implicit borrowing rate; therefore, an internal incremental borrowing rate is determined based on information available at lease commencement date for purposes of determining the present value of lease payments. We used the incremental borrowing rate on December 31, 2022 and December 31, 2021 for all leases that commenced prior to that date. In determining this rate, which is used to determine the present value of future lease payments, we estimate the rate of interest we would pay on a collateralized basis, with similar payment terms as the lease and in a similar economic environment. Lease Costs (in thousands) Year Ended Year Ended Components of total lease costs: Operating lease expense $ 1,544 $ 902 Total lease costs $ 1,544 $ 902 Lease Positions as of December 31, 2022 and December 31, 2021 ROU lease assets and lease liabilities for our operating leases are recorded on the balance sheet as follows: (in thousands) December 31, December 31, Assets Right of use asset – long term $ 2,693 $ — Total right of use asset $ 2,693 $ — Liabilities Operating lease liabilities – short term $ 1,488 $ — Operating lease liabilities – long term 1,084 — Total lease liability $ 2,572 $ — Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating leases 1.7 Weighted average discount rate – operating leases 4 % Future minimum lease payments, which include non -cancelable Years ending December 31, (in thousands) 2023 $ 1,577 2024 1,087 2025 5 2026 3 Thereafter — Total minimum lease payment $ 2,672

Litigation

Litigation	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Litigation [Abstract]
LITIGATION	10. From time to time, in the normal course of operations, the Company is subject to litigation matters and claims, including claims relating to employee relations and business practices. The Company expenses legal fees as incurred. The Company records a provision for contingent losses when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. An unfavorable outcome to any legal matter, if material, could have an adverse effect on the Company’s operations or its financial position, liquidity, or results of operations. On November 30, 2020, Adult Use Holdings, Inc. (“Adult Use”) and Zola Ventures Ltd. (“Zola”) initiated arbitration claiming that the Company owed CA$ 3 million to Adult Use and Zola in connection with alleged funding to the Company of CA$ 30.0 million by Bridging Finance Group. On December 21, 2020, the Company brought counterclaims against Adult Use, Zola, and their principals Adam Salman and Igor Gimelshtein. On May 14, 2021, the Company applied for summary disposition of the claim for CA$ 3 million brought by Adult Use and Zola. On August 4, 2021, the arbitrator granted the Company’s application and issued a Partial Final Award dismissing Adult Use’s and Zola’s claim. The United States District Court for the Southern District of New York subsequently affirmed the Partial Final Award and its dismissal of Adult Use’s and Zola’s claims against the Company in a decision issued September 28, 2022. On November 8 and November 11, 2022, the arbitrator held hearings in connection with the Company’s counterclaims. On December 23, 2022, the Company filed an application for costs and attorneys’ fees. The Company does not believe a material loss is probable at this time. As result, the Company has not recorded a reserve with respect to this litigation.	12. From time to time, in the normal course of operations, the Company is subject to litigation matters and claims, including claims relating to employee relations and business practices. The Company expenses legal fees as incurred. The Company records a provision for contingent losses when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. An unfavorable outcome to any legal matter, if material, could have an adverse effect on the Company’s operations or its financial position, liquidity, or results of operations. On August 12, 2020, Greg Selkoe, President of the Company until May 2020, filed suit against the Company for severance and sums related to his termination from the Company, which was initiated in January 2020. The Company and Mr. Selkoe reached a settlement, including a severance payment to Mr. Selkoe and forfeiture by Mr. Selkoe of the entirety of his stock options. The Company accrued $3.2 million for the year ended December 31, 2020. The Company paid $2.9 million of the severance payments to Mr. Selkoe in 2021. In May 2022, the Company made a payment of $0.3 million for the remainder of the balance. On November 30, 2020, Adult Use Holdings, Inc. (“Adult Use”) and Zola Ventures Ltd. (“Zola”) initiated arbitration claiming that the Company owed CA$ 3 million to Adult Use and Zola in connection with alleged funding to the Company of CA$ 30.0 million by Bridging Finance Group. On December 21, 2020, the Company brought counterclaims against Adult Use, Zola, and their principals Adam Salman and Igor Gimelshtein. On May 14, 2021, the Company applied for summary disposition of the claim for CA$ 3 million brought by Adult Use and Zola. On August 4, 2021, the arbitrator granted the Company’s application and issued a Partial Final Award dismissing Adult Use’s and Zola’s claim. The United States District Court for the Southern District of New York subsequently affirmed the Partial Final Award and its dismissal of Adult Use’s and Zola’s claims against the Company in a decision issued September 28, 2022. On November 8 and November 11, 2022, the arbitrator held hearings in connection with the Company’s counterclaims. On December 23, 2022, the Company filed an application for costs and attorneys’ fees. The Company does not believe a material loss is probable at this time. As result, the Company has not recorded a reserve with respect to this litigation. On December 7, 2020, the Company filed an arbitration demand against its former Chief Legal Officer, Phillip Gordon (“Gordon”), alleging claims for fraud, breach of fiduciary duty, breach of duty of loyalty, and breach of employment agreement. The Company terminated Gordon effective as of December 5, 2020 based on the results of an internal investigation. Gordon has denied that the Company had cause to terminate him and filed counterclaims seeking payment of severance under his employment agreement in the total amount of $3.0 million, plus payment of $0.5 million in bonus compensation. Subsequent to December 31, 2021, as a result of arbitration proceedings, the Company has entered into a settlement agreement whereby Gordon agreed to the cancellation of 90,000 of the 790,000 outstanding stock options previously issued to him and to release any actions, claims, damages, judgments or agreements arising out of his relationship with the Company in exchange for $1.9 million in cash. The Company recorded a legal accrual for $1.9 million as of December 31, 2021. The initial payment of $0.4 million was made in the first quarter of 2022. The outstanding balance was settled as of the third quarter of 2022. On May 21, 2021, Alissa Violet Marie Butler filed suit in the Superior Court of the State of California for the County of Los Angeles against FaZe Clan Inc., Dentons US LLP, and Wilson Sonsini Goodrich & Rosati, P.C. Ms. Butler alleges that she is entitled to shares of the Company’s stock. Subsequent to December 31, 2021, the Company has reached a preliminary settlement with Ms. Butler for a total of $0.8 million payable in a combination of cash and common stock to settle Ms. Butler’s claim. The Company recorded a legal accrual for $0.8 million as of December 31, 2021. The outstanding balance was settled as of the third quarter of 2022. In 2021, the Company was made aware of a claim from Treschow -Fritzoe -Fritzoe

Loss Per Share

Loss Per Share	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
LOSS PER SHARE	11. In accordance with the provisions of ASC 260, Earnings Per Share, net loss per share is computed by dividing net loss by the weighted -average (In thousands, except shares Three months ended 2023 2022 Basic and diluted loss per share: Net loss attributable to FaZe Holdings Inc., basic and diluted $ (14,040 ) $ (9,542 ) Weighted-average common shares outstanding, basic and diluted 64,071,686 20,640,022 Net loss per share, basic and diluted $ (0.22 ) $ (0.46 ) During a loss period, the effect of the potential exercise of stock options, warrants, convertible preferred stock, and convertible debt are not considered in the diluted loss per share calculation since the effect would be antidilutive. The Company did not have any participating securities in the periods presented. The Company had 1,680,774 fully vested warrants in which common shares were issuable for little to no consideration outstanding as of the Closing Date and for the year ended December 31, 2021. These warrants were exercised during the Business Combination. The Company considered these warrants outstanding in the context of basic loss per share and included these warrants in the weighted -average The Company had antidilutive shares for the three months ended March 31, 2023 and 2022. The following securities were not included in the computation of diluted shares outstanding for the three months ended March 31, 2023, and 2022 because the effect would be antidilutive: As of As of Convertible preferred stock — — Public Warrants 5,750,000 5,750,000 Private Placement Warrants 173,333 173,333 Seller Earn-out 5,312,098 5,312,098 Sponsor Earn-out Shares 2,156,250 2,156,250 Legacy FaZe preferred warrant — — Unvested restricted stock award 1,601,218 1,649,962 Unvested restricted stock units 735,667 1,124,674 Stock options 16,812,734 18,863,654 Total potentially dilutive common stock equivalents 32,541,300 35,029,971	13. In accordance with the provisions of ASC 260, Earnings Per Share, net loss per share is computed by dividing net loss by the weighted -average (in thousands, except shares and Years ended December 31, 2022 2021 Basic and diluted loss per share: Net loss attributable to FaZe Holdings Inc., basic and diluted $ (168,534 ) $ (36,866 ) Weighted-average common shares outstanding, basic and diluted 39,872,308 19,187,873 Net loss per share, basic and diluted $ (4.23 ) $ (1.92 ) During a loss period, the effect of the potential exercise of stock options, warrants, convertible preferred stock, and convertible debt are not considered in the diluted loss per share calculation since the effect would be antidilutive. The Company did not have any participating securities in the periods presented. The Company had 1,680,774 fully vested warrants in which common shares were issuable for little to no consideration outstanding as of the Closing Date and for the year ended December 31, 2021. These warrants were exercised during the Business Combination. The Company considered these warrants outstanding in the context of basic loss per share and included these warrants in the weighted -average The Company had antidilutive shares for the year ended December 31, 2022 and 2021. The following securities were not included in the computation of diluted shares outstanding for the year ended December 31, 2022, and 2021 because the effect would be antidilutive: As of December 31, As of December 31, Convertible preferred stock — 7,209,555 Public Warrants 5,750,000 5,750,000 Private Placement Warrants 173,333 173,333 Seller Earn-out 5,312,098 — Sponsor Earn-out Shares 2,156,250 — Legacy FaZe preferred warrant — 651,951 Unvested restricted stock award 1,649,962 49,426 Stock options 18,863,654 19,912,281 Total potentially dilutive common stock equivalents 33,905,297 33,746,546

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Taxes [Abstract]
INCOME TAXES	14. The Company’s income and losses before income taxes in 2022 and 2021, respectively, consist of income and losses from domestic operations. Income/(Loss) before income tax expense for the years ended December 31, 2022 and 2021, respectively, consisted of the following: (in thousands) Year Ended Year Ended United States (168,534 ) (36,866 ) Foreign — — Income/(Loss) before income taxes (168,534 ) (36,866 ) The table below presents the components of the provision for income taxes: Year Ended Year Ended Current Federal 0 0 State 0 0 Foreign 0 0 Total Current 0 0 Deferred US Federal 0 0 US State 0 0 Foreign 0 0 Total Deferred 0 0 Total Provision/(Benefit) 0 0 A reconciliation of income tax expense (benefit) computed at the statutory federal income tax rate to income taxes as reflected in the consolidated financial statements is as follows: Year Ended Year Ended Tax provision at statutory rate 21.0 % 21.0 % State taxes, net of federal benefit 2.0 % 6.9 % Permanent Items (0.0 )% (0.2 )% 162(m) Limitations (0.6 )% 0.0 % Equity Compensation 0.2 % (0.1 )% Deferred Adjustments (1.7 )% (0.1 )% Return to provision adjustments (0.1 )% (0.0 )% Nondeductible Loss on Debt Extinguishment (14.4 )% 0.0 % Increase/(decrease) in valuation reserve (6.4 )% (27.5 )% Effective income tax rate 0.0 % 0.0 % Deferred taxes are recognized for temporary differences between the basis of assets and liabilities for financial statement and income tax purposes. The significant components of the Company’s deferred tax assets and liabilities as of December 31, 2022 and 2021 are comprised of the following (in thousands): As of December 31, 2022 2021 Deferred tax assets: Net operating loss carryforwards 34,934 20,840 Capitalized Sec. 174 Costs 67 — Equity based compensation 1,272 1,115 Accruals 953 3,156 Lease Liability 720 — Nondeductible Interest Carryover 2,089 1,148 Deferred Rent — 2 Deferred Revenue — 2,211 Fixed Assets 99 85 Other 173 140 Total Deferred Tax Assets 40,307 28,697 Less: Valuation Allowance (39,553 ) (28,697 ) Deferred tax asset, net $ 754 $ — Deferred tax Liabilities: Right of Use Asset (754 ) — Total deferred tax liabilities (754 ) — Deferred taxes — — The Company has evaluated the positive and negative evidence, bearing upon its ability to realize its deferred tax assets, which are comprised primarily of net operating loss carryforwards and tax credits. Management has considered the Company’s history of cumulative net losses in the United States, estimated future taxable income and prudent and feasible tax planning strategies and has concluded that it is more likely than not that the Company will not realize the benefits of its US federal and state deferred tax assets. Accordingly, a full valuation allowance has been established against these net deferred tax assets as of December 31, 2022 and 2021, respectively. The Company reevaluates the positive and negative evidence at each reporting period. The Company’s valuation allowance increased during 2022 by approximately $10.9 million, primarily due to net operating losses that were generated in the current year. As of December 31, 2022 and 2021, the Company had U.S. federal net operating loss carryovers of $123.8 million and $73.3 million respectively, which may be available to reduce future taxable income. The 2017 Tax Cuts and Jobs Act (“TCJA”) will generally allow losses incurred after 2017 to be carried over indefinitely but will generally limit the net operating loss deduction to the lesser of the net operating loss carryover or 80% of a corporation’s taxable income (subject to Section 382 of the Internal Revenue Code of 1986, as amended). Also, there will be no carryback for losses incurred after 2017. Losses incurred prior to 2018 will generally be deductible to the extent of the lesser of a corporation’s net operating loss carryover or 100% of a corporation’s taxable income and be available for twenty years from the period the loss was generated. The Company has federal net operating losses generated following 2017 of $122.8 million, which do not expire. The federal net operating losses generated prior to 2018 of $1.0 million will expire at various dates through 2037. As of December 31, 2022 and 2021, the Company also had U.S. state net operating loss carryovers of $128.0 million and $129.4 million respectively, which may be available to offset future income tax liabilities and expire at various dates through 2038. The utilization of the Company’s NOLs are subject to annual Internal Revenue Code Section 382 limitations. The Company has not yet completed a 382 study as of December 31, 2022 . As the Company is in a full valuation allowance, any limitation that may apply due to Section 382 limitation would not affect the conclusion of a full valuation allowance. At December 31, 2022 and December 31, 2021, the Company did not have any significant uncertain tax positions. The Company will recognize interest and penalties related to uncertain tax positions in income tax expense. As of December 31, 2022 and 2021, the Company had no accrued interest or penalties related to uncertain tax positions and no amounts have been recognized in the Company’s statement of operations. The Company does not anticipate a material change to unrecognized tax benefits in the next twelve months. All of the Company’s tax years will remain open for examination by the Federal and state tax authorities to the extent that the Company’s tax attributes are utilized in future years to offset income or income taxes. The Company is currently not under examination from any taxing authority. In response to the COVID -19 On December 27, 2020, the President of the United States signed the Consolidated Appropriations Act, 2021 (“Consolidated Appropriations Act”) into law. The Consolidated Appropriations Act is intended to enhance and expand certain provisions of the CARES Act, allows for the deductions of expenses related to the Payroll Protection Program funds received by companies, and provides an update to meals and entertainment expensing for 2021 and 2022. The Consolidated Appropriations Act did not have a material impact to the Company’s income tax provision for 2022 or 2021.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	15. On February 17, 2022, Legacy FaZe entered into a collaboration agreement with Spanky’s Clothing Inc., Cordell Broadus, Boss Lady Entertainment and SMAC Entertainment for an initial term of two years, pursuant to which Snoop Dogg became a member of FaZe’s talent network and joined the board of directors on the Closing Date of the Business Combination and agreed to (i) exclusively, except for companies not in direct competition with FaZe, promote FaZe for three years, and (ii) grant FaZe license to use his name and likeness in connection with certain content and services to be produced by him for FaZe, including (w) social media posts, (x) brand campaigns with FaZe sponsors, (y) hosting of events and (z) merchandise collaborations. Snoop Dogg is the Chief Executive Officer of Spanky’s Clothing Inc. Cordell Broadus is the son of Snoop Dogg. Shante Broadus, the spouse of Snoop Dogg, is the Chief Executive Officer of Boss Lady Entertainment. Constance Schwartz- Mornio, the manager of Snoop Dogg, is the Chief Executive Officer of SMAC Entertainment. The Company granted Legacy FaZe’s restricted stock, which converted into Company restricted stock awards, equal in value to (i) $1,857,154 to Snoop Dogg, (ii) $247,615 to Cordell Broadus, (iii) $247,615 to Boss Lady Entertainment and (iv) $247,615 to SMAC Entertainment, each of which will vest as follows: (x) one -third -third -third

Subsequent Events

Subsequent Events	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	12. In preparing the consolidated financial statements, the Company has evaluated subsequent events through May 12, 2023, which is the date the Condensed Consolidated Financial Statements were available for issuance. On May 10, 2023, Company, and YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), entered into a Standby Equity Purchase Agreement (the “SEPA”). The Company will have the right to issue and sell to the Investor, from time to time, as provided in the SEPA, and the Investor shall purchase from the Company, up to $25 million in aggregate gross purchase price (the “Commitment Amount”) of the newly issued shares of the Company’s common stock, par value $0.0001 (the “Common Stock”) (each such sale, an “Advance”) by delivering written notice to the Investor (each, an “Advance Notice” and the date on which the Company is deemed to have delivered an Advance Notice, the “Advance Notice Date”). The Common Stock purchased pursuant to an Advance will be purchased at a price equal to 97% of the lowest daily VWAP of the Common Stock during the three consecutive trading days commencing on the Advance Notice Date. “VWAP” means, for any trading day, the daily volume weighted average price of the Common Stock for such trading day on the Nasdaq Stock Market during regular trading hours as reported by Bloomberg L.P. The issuance of the Common Stock under the SEPA will be subject to certain limitations, including that (i) the Investor may not purchase any Common Stock that would result in it owning more than 4.99% of the Company’s Common Stock or (ii) the aggregate number of Common Stock issued pursuant to the SEPA cannot exceed 19.9% of the Company’s Common Stock as of as of the date of the SEPA (referred to as the “Exchange Cap”). The Exchange Cap shall not be applicable if: (i) the Company’s stockholders have approved the issuance of Common Stock in excess of the Exchange Cap in accordance with the applicable rules of the Principal Market or (ii) to the extent that (and only for so long as) the average price for the issuance of Common Stock equals or exceed the lower of (i) the Nasdaq Official Closing Price (as reflected on Nasdaq.com) immediately preceding the date of the SEPA; or (ii) the average Nasdaq Official Closing Price for the five Trading Days immediately preceding the date of the SEPA. As consideration for the Investor’s commitment to purchase Common Stock at the Company’s direction upon the terms and subject to the conditions set forth in the SEPA, the Company will issue 487,995 The SEPA shall terminate automatically on the earliest of (i) the first day of the month next following the 36 -month	16. In preparing the consolidated financial statements, the Company has evaluated subsequent events through April 4, 2023, which is the date the consolidated financial statements were issued. On February 16, 2023, the Company announced to its employees a reduction in workforce to streamline its team structure in support of its business priorities. The severance for the first quarter of 2023 related to the reduction in workforce is estimated at $0.1 million. On March 29, 2023, Calvin “Snoop Dogg” Broadus, Jr. notified the Company that he is resigning from the Board of Directors of the Company effective immediately. Mr. Broadus’s resignation was not the result of any disagreement with the Company or any of its subsidiaries. Notice of Delisting On March 23, 2023, the Company received a letter (the “Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, par value $0.0001 per share (the “Common Stock”), failed to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the Letter. The notice has no immediate effect on the listing of the Common Stock or warrants, and the Common Stock and warrants will continue to trade on The Nasdaq Capital Market under the symbols “FAZE” and “FAZEW,” respectively. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until September 19, 2023 (the “Compliance Date”), by which the Company has to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days at any time prior to the Compliance Date, unless the Staff exercises its discretion to extend this ten -day If the Company does not regain compliance with the minimum bid price requirement by the Compliance Date, the Company may be eligible for an additional 180 -calendar

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying interim Condensed Consolidated Financial Statements of the Company have been prepared in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and are consistent in all material respects with those applied in the Company’s Annual Report on Form 10 -K The interim financial information is unaudited, but reflects all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. The interim Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Company’s Annual Report on Form 10 -K -based There have been no material changes in the Company’s significant accounting policies as compared to the significant accounting policies described in the Company’s Annual Report on Form 10 -K	Basis of Presentation The accompanying consolidated financial statements include the accounts and operations of the Company. All intercompany accounts and transactions have been eliminated. The consolidated financial statements have been prepared in accordance with U.S. GAAP The preparation of the consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from these estimates and assumptions.
Principles of consolidation	Principles of consolidation The Condensed Consolidated Financial Statements include the accounts of FaZe Holdings Inc. and its wholly owned subsidiary. All significant intercompany balances and transactions have been eliminated.	Principles of consolidation The consolidated financial statements include the accounts of FaZe Holdings Inc. and its wholly owned subsidiary. All significant intercompany balances and transactions have been eliminated.
Voluntary Change in Accounting Principle		Voluntary Change in Accounting Principle During the year ended December 2022, we made a voluntary change in accounting principle to classify certain talent costs and talent acquisition amortization costs reported in prior periods have been reclassified from general and administrative to cost of goods sold to conform with the current presentation, to better identify costs related to revenue generation. In accordance with U.S. GAAP, the change has been reflected in the consolidated statements of operations through retrospective application. (in thousands) For the twelve months ended Prior to change Effect of Change As Adjusted Cost of revenues $ 41,553 $ 2,323 $ 43,876 General and administrative 39,401 (2,323 ) 37,078 Gross profit 11,299 (2,323 ) 8,976
Use of Estimates	Use of Estimates The preparation of the Company’s Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the consolidated financial statements. The inputs into certain of these estimates and assumptions include the consideration of the economic impact of the COVID -19 -based	Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the consolidated financial statements. The inputs into certain of these estimates and assumptions include the consideration of the economic impact of the COVID -19 -based
COVID-19	COVID-19 The continuing presence of COVID -19 -19 -19 -19 -term -term -19 -19 -19	COVID-19 The continuing presence of COVID -19 -19 -19 -19 -term long -term -19 -19 -19
Content Asset, net	Content Asset, net The Company produces programming content which it plans to broadcast on online video and streaming platforms. Costs of produced content consist of development and production costs. These costs are capitalized as “Content Asset, net” on the Consolidated Balance Sheets. Each title is predominantly monetized on its own. At the specific title level, the Company tests the content asset for impairment when events and circumstances indicate that its fair value may be less than its unamortized cost. If the carrying value of a content asset exceeds its estimated fair value, an impairment charge will be recorded in the amount of the difference. The Company’s policy is to amortize the content asset once the content airs. Given that the content was fully written off prior to airing, no amortization expense was recorded for the three months ended March 31, 2023 and 2022. The Company does not own any purchased or licensed programming content. Exploitation costs such as marketing, advertising, publicity, promotion, and other distribution expenses directly connected with the distribution of the content asset are expensed as incurred.	Content Asset, net The Company produces programming content which it plans to broadcast on online video and streaming platforms. Costs of produced content consist of development and production costs. These costs are capitalized as “Content Asset, net” on the Consolidated Balance Sheets. Each title is predominantly monetized on its own. At the specific title level, the Company tests the content asset for impairment when events and circumstances indicate that its fair value may be less than its unamortized cost. If the carrying value of a content asset exceeds its estimated fair value, an impairment charge will be recorded in the amount of the difference. In April 2022, the Company performed an evaluation of its content asset and determined that the underlying programming of the content asset will not be released. In addition, the Company determined that the content asset has no further utility. Accordingly, the Company recorded an impairment loss of $1.1 million to write off the entire carrying value of content asset. As such, the Company has no content asset balance as of December 31, 2022. Content asset balance as of December 31, 2021 was $0.5 million. The Company’s policy is to amortize the content asset once the content airs. Given that the content was fully written off prior to airing, no amortization expense was recorded for the years ended December 31, 2022 and 2021. The Company does not own any purchased or licensed programming content. Exploitation costs such as marketing, advertising, publicity, promotion, and other distribution expenses directly connected with the distribution of the content asset are expensed as incurred.
Fixed Assets	Fixed Assets Fixed assets are stated at cost less accumulated depreciation. Cost includes expenditures for furniture, computer equipment, vehicles, leasehold improvements, and other assets. Maintenance and repairs are charged to expense as incurred. When assets are sold, retired, or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in operations. The costs of fixed assets are depreciated using the straight -line	Fixed Assets Fixed assets are stated at cost less accumulated depreciation. Cost includes expenditures for furniture, computer equipment, vehicles, leasehold improvements, and other assets. Maintenance and repairs are charged to expense as incurred. When assets are sold, retired, or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in operations. The costs of fixed assets are depreciated using the straight -line
Revenue Recognition and Contract Balances	Revenue Recognition and Contract Balances Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s payment terms and conditions vary by customer and contract type. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company does not adjust the promised amount of consideration for the effects of a significant financing component when the Company expects, at contract inception, that the period between the Company’s transfer of a promised product or service to the Company’s customer and payment for that product or service will be one year or less. The Company generally records a receivable related to revenue when the Company has an unconditional right to invoice and receive payment. Contract assets arise from contracts when revenue is recognized over time and the amount of revenue recognized, including management’s estimate of variable consideration that has been included in the transaction price exceeds the amount billed to the customer. These amounts are included in contract assets until the right to payment is no longer conditional on events other than the passage of time. These contract assets are reclassified to receivables when the right to consideration becomes unconditional. For the three months ending March 31, 2023, and 2022, no impairment was recorded from contract assets. The Company’s allowances for doubtful accounts are typically immaterial and, if required, are based on management’s best estimate of expected credit losses inherent in the Company’s accounts receivable balance. Contract liabilities are recorded in the event that the Company bills for services in advance of the time the services are performed, or when cash payments are received or due in advance of satisfying the Company’s performance obligations, even if amounts are refundable. Contract liabilities recorded at March 31, 2023, and December 31, 2022, represent the Company’s accounting for the timing difference between when the customer is billed or funds are received and when the performance obligation is satisfied. During the three months ended March 31, 2023 and 2022, the Company recognized $2.6 million and $3.0 million as revenue that was relating to the contract liability balance as of January 1, 2023 and 2022, respectively. The following table disaggregates the Company’s revenue by major type for the three months ended March 31, 2023, and 2022: (In thousands) Three months ended 2023 2022 Brand sponsorships $ 6,263 $ 8,060 Content 3,028 4,681 Consumer products 388 403 Esports 2,847 2,426 Other 24 234 Total revenue $ 12,550 $ 15,804 The section below describes the Company’s revenue recognition policies and significant judgments in further detail for each major revenue source of the Company. Brand Sponsorships The Company offers advertisers a full range of promotional vehicles, including but not limited to online advertising, livestream announcements, content generation, social media posts, logo placement on the Company’s official merchandise, and special appearances of members of the Company’s talent roster. The Company’s brand sponsorship agreements may include multiple services that are capable of being individually distinct; however the intended benefit is an association with the Company’s brand, and the services are not distinct within the context of the contracts. Revenues from brand sponsorship agreements are recognized ratably over the contract term. Payment terms and conditions vary, but payments are generally due periodically throughout the term of the contract. In instances where the timing of revenue recognition differs from the timing of billing, management has determined the brand sponsorship agreements generally do not include a significant financing component. Content The Company and our talent roster generates and produces original content which the Company monetizes through Google’s AdSense service. Revenue is variable and is earned when the visitor views or “clicks through” on the advertisement. The amount of revenue earned is reported to the Company monthly and is recognized upon receipt of the report of viewership activity. Payment terms and conditions vary, but payments are generally due within 30 to 45 days after the end of each month. The Company grants exclusive licenses to customers for certain content produced by the Company’s talent. The Company grants the customer a license to the intellectual property, which is the content and its use in generating advertising revenues, for a pre -determined Principal Versus Agent Considerations A significant amount of the Company’s brand sponsorship and content revenues are generated from the Company’s talent, who are under exclusive, multi -year -sharing Consumer Products The Company earns consumer products revenue from sales of the Company’s consumer products on the Company’s website or at live or virtual events. Revenues are recognized at a point in time, as control is transferred to the customer upon shipment. The Company offers customer returns and discounts through a third -party incentive programs that are material to revenue recognition. Payment is due at the time of sale. The Company has outsourced the design, manufacturing, fulfillment, distribution, and sale of the Company’s consumer products to a third party in exchange for royalties based on the amount of revenue generated. Management evaluated the terms of the agreement to determine whether the Company’s consumer products revenues should be reported gross or net of royalties paid. Key indicators that management evaluated in determining whether the Company is the principal in the sale (gross reporting) or an agent (net reporting) include, but are not limited to: • • • Based on management’s evaluation of the above indicators, the Company reports consumer products revenues on a gross basis. Esports League Participation -share Player Transfer Fees Licensing of Intellectual Property Transaction Price Allocated to the Remaining Performance Obligations For the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2023, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Revenue expected to be recognized in the future related to performance obligations that have original expected durations greater than one year that are unsatisfied (or partially unsatisfied) as of March 31, 2023 were not material.	Revenue Recognition and Contract Balances Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s payment terms and conditions vary by customer and contract type. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company does not adjust the promised amount of consideration for the effects of a significant financing component when the Company expects, at contract inception, that the period between the Company’s transfer of a promised product or service to the Company’s customer and payment for that product or service will be one year or less. The Company generally records a receivable related to revenue when the Company has an unconditional right to invoice and receive payment. Contract assets arise from contracts when revenue is recognized over time and the amount of revenue recognized, including management’s estimate of variable consideration that has been included in the transaction price exceeds the amount billed to the customer. These amounts are included in contract assets until the right to payment is no longer conditional on events other than the passage of time. These contract assets are reclassified to receivables when the right to consideration becomes unconditional. For the year ending December 31, 2022, and 2021, no impairment was recorded from contract assets. The Company’s allowances for doubtful accounts are typically immaterial and, if required, are based on management’s best estimate of expected credit losses inherent in the Company’s accounts receivable balance. Contract liabilities are recorded in the event that the Company bills for services in advance of the time the services are performed, or when cash payments are received or due in advance of satisfying the Company’s performance obligations, even if amounts are refundable. Contract liabilities recorded at December 31, 2022, and December 31, 2021, represent the Company’s accounting for the timing difference between when the customer is billed or funds are received and when the performance obligation is satisfied. During the year ended December 31, 2022 and 2021, the Company recognized $7.8 million and $0.8 million as revenue that was relating to the contract liability balance as of January 1, 2022 and 2021, respectively. The following table disaggregates the Company’s revenue by major type for the year ended December 31, 2022, and 2021: (in thousands) Year ended December 31, 2022 2021 Brand sponsorships $ 42,096 $ 24,867 Content 14,497 16,068 Consumer products 3,455 5,751 Esports 9,385 5,846 Other 588 320 Total revenue $ 70,021 $ 52,852 The section below describes the Company’s revenue recognition policies and significant judgments in further detail for each major revenue source of the Company. Brand Sponsorships The Company offers advertisers a full range of promotional vehicles, including but not limited to online advertising, livestream announcements, content generation, social media posts, logo placement on the Company’s official merchandise, and special appearances of members of the Company’s talent roster. The Company’s brand sponsorship agreements may include multiple services that are capable of being individually distinct, however the intended benefit is an association with the Company’s brand and the services are not distinct within the context of the contracts. Revenues from brand sponsorship agreements are recognized ratably over the contract term. Payment terms and conditions vary, but payments are generally due periodically throughout the term of the contract. In instances where the timing of revenue recognition differs from the timing of billing, management has determined the brand sponsorship agreements generally do not include a significant financing component. Content The Company generates and produces original content which the Company monetizes through Google’s AdSense service. Revenue is variable and is earned when the visitor views or “clicks through” on the advertisement. The amount of revenue earned is reported to the Company monthly and is recognized upon receipt of the report of viewership activity. Payment terms and conditions vary, but payments are generally due within 30 to 45 days after the end of each month. The Company grants exclusive licenses to customers for certain content produced by the Company’s talent. The Company grants the customer a license to the intellectual property, which is the content and its use in generating advertising revenues, for a pre -determined Principal Versus Agent Considerations A significant amount of the Company’s brand sponsorship and content revenues are generated from the Company’s talent, who are under exclusive, multi -year -sharing Consumer Products The Company earns consumer products revenue from sales of the Company’s consumer products on the Company’s website or at live or virtual events. Revenues are recognized at a point in time, as control is transferred to the customer upon shipment. The Company offers customer returns and discounts through a third -party terms of the agreement to determine whether the Company’s consumer products revenues should be reported gross or net of royalties paid. Key indicators that management evaluated in determining whether the Company is the principal in the sale (gross reporting) or an agent (net reporting) include, but are not limited to: • • • Based on management’s evaluation of the above indicators, the Company reports consumer products revenues on a gross basis. Esports League Participation: -share Player Transfer Fees: Licensing of Intellectual Property: Transaction Price Allocated to the Remaining Performance Obligations For the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2022, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Revenue expected to be recognized in the future related to performance obligations that have original expected durations greater than one year that are unsatisfied (or partially unsatisfied) as of December 31, 2022 were not material.
Warrants	Warrants The Company accounts for warrants as either equity -classified -classified -10-15-74 -classified The classification of warrants, including whether warrants should be recorded as liabilities or as equity, is re -assessed -classified -Scholes -Scholes	Warrants The Company accounts for warrants as either equity -classified -classified -10-15-74 -classified re -assessed -classified -Scholes -Scholes
Stock-Based Compensation	Stock-Based Compensation The Company accounts for its stock -based -based Legacy FaZe has issued stock options before there was an active market for the Company’s common stock. The Board of Directors (the “Board”) was required to estimate the fair value of the Company’s common stock at the time of each award. The Board considered numerous objective and subjective factors in determining the value of the Company’s common stock at each grant date, including the following: (1) the per -share -length -length For stock options, the Company estimates the fair value using the Black -Scholes -free The Black -Scholes -based -based -based	Stock-Based Compensation The Company accounts for its stock -based -based Legacy FaZe has issued stock options before there was an active market for the Company’s common stock. The Board of Directors (the “Board”) was required to estimate the fair value of the Company’s common stock at the time of each award. The Board considered numerous objective and subjective factors in determining the value of the Company’s common stock at each grant date, including the following: (1) the per -share -length -length For stock options, the Company estimates the fair value using the Black -Scholes -free The Black -Scholes -based -based -based
Fair Value Measurement	Fair Value Measurement The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The fair value hierarchy consists of the following three levels: Level 1: Quoted prices in active markets for identical assets or liabilities Level 2: Quoted prices for similar assets and liabilities in active markets or inputs other than quoted prices which are observable for the assets or liabilities Level 3: Unobservable inputs which are supported by little or no market activity The carrying amount of the Company’s financial instruments, including cash, accounts receivable, notes receivable, and accounts payable, approximate fair value due to their short -term The Company’s private placement warrants (the “Private Placement Warrants”) are accounted for as liabilities in accordance with ASC 815 -40 See Note 6, Private Placement Warrants and Recurring Fair Value Measurements, for additional information on the Company’s liabilities measured at fair value.	Fair Value Measurement The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The fair value hierarchy consists of the following three levels: Level 1: Level 2: Level 3: The carrying amount of the Company’s financial instruments, including cash, accounts receivable, notes receivable, and accounts payable, approximate fair value due to their short -term The Company’s private placement warrants (the “Private Placement Warrants”) are accounted for as liabilities in accordance with ASC 815 -40 See Note 7, Private Placement Warrants and Recurring Fair Value Measurements, for additional information on the Company’s liabilities measured at fair value.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted average shares of the Company’s common stock outstanding during the period. Diluted earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted -average	Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted average shares of the Company’s common stock outstanding during the period. Diluted earnings (loss) per share is computed by dividing net earnings (loss) attributable to the Company by the number of weighted -average
Segment Reporting	Segment Reporting Operating segments are defined as components of an entity for which separate financial information is available and 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 has determined that its Chief Executive Officer is the CODM. The Company operates and reports financial information in one segment, as the CODM reviews financial information presented on a consolidated basis, at the Company level, for the purposes of making operating decisions, allocation of resources, and evaluating financial performance. As of March 31, 2023 and December 31, 2022, the Company did not have material assets located outside of the United States. For the three months ended March 31, 2023 and 2022, the Company had international Esports revenue of $2.3 million and no material revenue, respectively, earned outside of the United States.	Segment Reporting Operating segments are defined as components of an entity for which separate financial information is available and 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 has determined that its Chief Executive Officer is the CODM. The Company operates and reports financial information in one segment, as the CODM reviews financial information presented on a consolidated basis, at the Company level, for the purposes of making operating decisions, allocation of resources, and evaluating financial performance. As of December 31, 2022 and December 31, 2021, the Company did not have material assets located outside of the United States. For the years ended December 31, 2022 and 2021, the Company had $1.8 million and $4.0 million of revenue, respectively, earned outside of the United States.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In September 2016, the FASB issued ASU 2016 -13 estimates and judgements used in estimating credit losses. The new guidance is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption of this standard did not have a material impact on the Company’s financial statements and related disclosures.	Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU 2020 -06 -20 -40 form -over-substance-based In May 2021, the FASB issued ASU 2021 -04 -50 -40 -Classified -classified -based -04 In February 2016, the FASB issued ASU 2016 -02 -of-use -02 The Company adopted ASC 842 as of January 1, 2022 using the optional transition method to apply the standard as of the effective date. Accordingly, previously reported financial statements, including footnote disclosures, have not been recast to reflect the application of the new standard to all comparative periods presented. The new standard also provides practical expedients for an entity’s ongoing accounting as a lessee. The Company elected to utilize the practical expedient to not separate lease and non -lease -term Adoption of the new lease standard on January 1, 2022 had a material impact on the Company’s consolidated financial statements. The most significant impacts related to the recognition of ROU assets of $2.7 million and lease liabilities of $2.6 million for operating leases on the condensed consolidated balance sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. The standard did not materially impact the Company’s consolidated statement of operations and consolidated statement of cash flows. In December 2019, the FASB issued ASU 2019 -12 -740 -12 to improve consistent application. The guidance is effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022, with early adoption permitted. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements and related disclosures.
Accounting Pronouncements Not Yet Adopted		Accounting Pronouncements Not Yet Adopted As an emerging growth company, the JOBS Act allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are applicable to private companies. The Company elected to use this extended transition period under the JOBS Act until such time the Company is no longer considered to be an emerging growth company. The adoption dates discussed below reflect this election. In September 2016, the FASB issued ASU 2016 -13
Out-of-Period Adjustment	Out-of-Period Adjustment During the three months ended March 31, 2023, the Company recorded an out -of-period

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Consolidated Statements of Operations		(in thousands) For the twelve months ended Prior to change Effect of Change As Adjusted Cost of revenues $ 41,553 $ 2,323 $ 43,876 General and administrative 39,401 (2,323 ) 37,078 Gross profit 11,299 (2,323 ) 8,976
Schedule of Disaggregates the Company’s Revenue by Major Type	The following table disaggregates the Company’s revenue by major type for the three months ended March 31, 2023, and 2022: (In thousands) Three months ended 2023 2022 Brand sponsorships $ 6,263 $ 8,060 Content 3,028 4,681 Consumer products 388 403 Esports 2,847 2,426 Other 24 234 Total revenue $ 12,550 $ 15,804	The following table disaggregates the Company’s revenue by major type for the year ended December 31, 2022, and 2021: (in thousands) Year ended December 31, 2022 2021 Brand sponsorships $ 42,096 $ 24,867 Content 14,497 16,068 Consumer products 3,455 5,751 Esports 9,385 5,846 Other 588 320 Total revenue $ 70,021 $ 52,852

Property, Equipment and Lease_2

Property, Equipment and Leasehold Improvements (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Equipment and Leasehold Improvements	Property, equipment and leasehold improvements as of March 31, 2023 and December 31, 2022 consisted of the following: (In thousands) March 31, December 31, Furniture/Fixtures $ 897 $ 897 Computer equipment 3,681 3,640 Vehicles 106 106 Leasehold improvements 862 801 Subtotal 5,546 5,444 Less: Accumulated depreciation (2,087 ) (1,623 ) Property, equipment and leasehold improvements, net $ 3,459 $ 3,821	Property, equipment and leasehold improvements as of December 31, 2022 and December 31, 2021 consisted of the following: (in thousands) December 31, December 31, Furniture/Fixtures $ 897 $ 159 Computer equipment 3,640 708 Vehicles 106 106 Leasehold improvements 801 731 Subtotal 5,444 1,704 Less: Accumulated depreciation (1,623 ) (779 ) Property, equipment and leasehold improvements, net $ 3,821 $ 925

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Intangible Assets [Abstract]
Schedule of Intangible Assets	(In thousands) As of March 31, 2023 Useful Life Gross Accumulated Net Website development 3 years $ 416 $ 208 $ 208 Talent acquisition 2 – 3 years 1,054 603 451 Intangible assets, net $ 1,470 $ 811 $ 659 (In thousands) As of December 31, 2022 Useful Life Gross Accumulated Net Website development 3 years $ 377 $ 175 $ 202 Talent acquisition 2 – 3 years 1,201 555 646 Intangible assets, net $ 1,578 $ 730 $ 848	As of December 31, 2022 Useful Life (in thousands) Gross Accumulated Net Website development 3 years $ 377 $ 175 $ 202 Talent acquisition 2 – 3 years 1,201 555 646 Intangible assets, net $ 1,578 $ 730 $ 848 As of December 31, 2021 Useful Life (in thousands) Gross Accumulated Net Website development 3 years $ 211 $ 75 $ 136 Talent acquisition 2 – 3 years 1,653 1,051 602 Intangible assets, net $ 1,864 $ 1,126 $ 738
Schedule of Estimated Future Amortization of Intangible Assets	Years ending December 31, (In thousands) 2023 (remainder) $ 308 2024 299 2025 51 2026 1 Total future amortization of amortizable intangible assets $ 659	Years ending December 31, (in thousands) 2023 $ 478 2024 332 2025 38 2026 — Total future amortization of amortizable intangible assets $ 848

Private Placement Warrants an_2

Private Placement Warrants and Recurring Fair Value Measurements (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Private Placement Warrants and Recurring Fair Value Measurements (Tables) [Line Items]
Schedule of Fair Value of the Private Placement Warrants	The key inputs into the Black -Scholes March 31, December 31, Risk-free interest rate 3.7 % 4.0 % Expected term (years) 4.3 4.5 Expected volatility 91.5 % 53.3 % Exercise price $ 11.50 $ 11.50 Dividend yield 0 0	The key inputs into the Black -Scholes December 31, December 31, Risk-free interest rate 4.0 % 1.3 % Expected term (years) 4.5 5.5 Expected volatility 53.3 % 18.5 % Exercise price $ 11.50 $ 11.50 Dividend yield 0 0
Schedule of Changes in the Fair Value of the Private Placement Warrants Liability	The following table presents a summary of the changes in the fair value of the Private Placement Warrants liability since the Closing Date: (In thousands) Warrant liabilities at July 19, 2022 $ 114 Change in fair value of warrant liabilities (90 ) Warrant liabilities at December 31, 2022 24 Change in fair value of warrant liabilities (13 ) Warrant liabilities at March 31, 2023 $ 11	The following table presents a summary of the changes in the fair value of the Private Placement Warrants liability since the Closing Date: (in thousands) Warrant liabilities at July 19, 2022 $ 114 Change in fair value of warrant liabilities (90 ) Warrant liabilities at December 31, 2022 $ 24
Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis	The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. (In thousands) March 31, Quoted Significant Significant Liabilities: Private Placement Warrants $ 11 $ — $ — $ 11 Total $ 11 $ — $ — $ 11 (In thousands) December 31, 2022 Quoted Significant Significant Liabilities: Private Placement Warrants $ 24 $ — $ — $ 24 Total $ 24 $ — $ — $ 24	The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. As of December 31, 2021, no assets and liabilities were measured at fair value on a recurring basis. (in thousands) December 31, Quoted Prices in Significant Other Significant Other Liabilities: Private Placement Warrants $ 24 $ — $ — $ 24 Total $ 24 $ — $ — $ 24

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt [Abstract]
Schedule of Debt Outstanding	As of December 31, 2021 (in thousands) Unpaid Short- Long- Unamortized Net 2021 Cox Convertible Promissory $ 15,000 $ — $ 15,000 $ — $ 15,000 2021 Convertible Promissory Notes 675 — 675 — 675 2020 Secured Convertible Promissory Note 55,000 — 55,000 (358 ) 54,642 2020 Convertible Promissory Notes 2,525 2,025 500 — 2,525 2020 PPP Loan 1,123 1,123 — — 1,123 Other loans 37 — 37 — 37 Total principal amount outstanding $ 74,360 $ 3,148 $ 71,212 $ (358 ) $ 74,002

Stock Compensation Expense (Tab

Stock Compensation Expense (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Equity Incentive Plan	The following table contains information about the Company’s equity compensation plans as of March 31, 2023: Awards Awards Awards 2022 Omnibus Incentive Plan 12,358,689 1,271,917 11,086,772 2022 Employee Stock Purchase Plan 75,000,000 — 75,000,000 Amended 2019 Equity Incentive Plan 23,380,173 22,440,250 939,923	The following table contains information about the plan as of December 31, 2022: Awards Awards Awards 2022 Omnibus Incentive Plan 12,358,689 1,238,667 11,120,022 2022 Employee Stock Purchase Plan 75,000,000 — 75,000,000 Amended 2019 Equity Incentive Plan 23,380,173 19,977,366 3,402,807
Schedule of Stock-Based Compensation Expense	Stock -based (In thousands) For the three months ended 2023 2022 Stock options $ 6 $ 56 Restricted stock awards 2,666 1,094 Total stock-based compensation expense $ 2,672 $ 1,150	(in thousands) For the year ended December 31, 2022 2021 Stock options $ 469 $ 1,635 Restricted stock awards 9,698 2 Total stock – based compensation expense $ 10,167 $ 1,637
Schedule of Vested and Nonvested Stock		The following is an analysis of the stock option grant activity: Vested and Nonvested Stock Options Number Weighted Weighted Outstanding December 31, 2021 19,912,281 $ 0.38 4.86 Granted — — — Exercised (1,048,627 ) 0.38 — Expired or forfeited — — — Outstanding December 31, 2022 18,863,654 $ 0.38 4.13 Vested and Nonvested Stock Warrants Number Weighted Weighted Outstanding December 31, 2021 6,575,284 $ 10.41 5.79 Granted — — — Exercised (651,951 ) 0.53 — Expired or forfeited — — — Outstanding December 31, 2022 5,923,333 $ 11.50 4.55
Schedule of Nonvested Stock Options	Nonvested Stock Options Number Weighted- Nonvested on December 31, 2022 670,008 $ 0.38 Granted — — Vested (81,101 ) 0.38 Forfeited — — Nonvested on March 31, 2023 588,907 $ 0.38 Nonvested RSAs Number Weighted Nonvested December 31, 2022 1,649,962 $ 6.27 Granted — — Vested (48,744 ) 6.00 Forfeited — Nonvested March 31, 2023 1,601,218 $ 6.28	Nonvested Stock Options Number Weighted- Nonvested on December 31, 2021 6,867,852 $ 0.38 Granted — — Vested (6,197,824 ) 0.38 Forfeited — — Nonvested on September 30, 2022 670,008 $ 0.38 Nonvested RSAs Number Weighted Nonvested December 31, 2021 167,277 $ 5.78 Granted 1,774,698 6.30 Vested (289,013 ) 5.99 Forfeited — — Nonvested December 31, 2022 1,649,962 $ 6.27
Schedule of Vested and Nonvested Stock	The following is an analysis of the stock option grant activity during the three months ended March 31, 2023: Vested and Nonvested Stock Options Number Weighted Weighted Outstanding December 31, 2022 18,863,654 $ 0.38 4.13 Granted — — — Exercised (2,050,920 ) 0.38 — Expired or forfeited — — — Outstanding March 31, 2023 16,812,734 $ 0.38 3.88 Vested and Nonvested Stock Warrants Number Weighted Weighted Outstanding December 31, 2022 5,923,333 $ 11.50 4.55 Granted — — — Exercised — — — Expired or forfeited — — — Outstanding March 31, 2023 5,923,333 $ 11.50 4.30	Nonvested Stock Warrants Number Weighted- Nonvested on December 31, 2021 — $ — Granted — — Vested — — Forfeited — — Nonvested on December 31, 2022 — $ —
Schedule of Nonvested RSUs	A summary of Restricted Stock Units (“RSUs”) issuances during the three months ended March 31, 2023 is as follows: Nonvested RSUs Number Weighted Nonvested December 31, 2022 702,417 $ 2.79 Granted 95,000 1.09 Vested (57,250 ) 2.63 Forfeited (4,500 ) Nonvested March 31, 2023 735,667 $ 2.48	A summary of Restricted Stock Units (“RSUs”) issuances are as follows: Nonvested RSUs Number Weighted Nonvested December 31, 2021 — $ — Granted 1,124,674 2.68 Vested (422,257 ) 2.50 Forfeited — — Nonvested December 31, 2022 702,417 $ 2.79

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of lease costs	Lease Costs (In thousands) Three months Three months Components of total lease costs: Operating lease expense $ 397 $ 407 Total lease costs $ 397 $ 407	Lease Costs (in thousands) Year Ended Year Ended Components of total lease costs: Operating lease expense $ 1,544 $ 902 Total lease costs $ 1,544 $ 902
Schedule of Lease Assets and Lease Liabilities	(In thousands) March 31, December 31, Assets Right of use asset – long term $ 2,319 $ 2,693 Total right of use asset $ 2,319 $ 2,693 Liabilities Operating lease liabilities – short term $ 1,488 $ 1,488 Operating lease liabilities – long term 718 1,084 Total lease liability $ 2,206 $ 2,572	ROU lease assets and lease liabilities for our operating leases are recorded on the balance sheet as follows: (in thousands) December 31, December 31, Assets Right of use asset – long term $ 2,693 $ — Total right of use asset $ 2,693 $ — Liabilities Operating lease liabilities – short term $ 1,488 $ — Operating lease liabilities – long term 1,084 — Total lease liability $ 2,572 $ —
Schedule of Lease Terms and Discount Rate	Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating leases 1.4 Weighted average discount rate – operating leases 4 %	Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating leases 1.7 Weighted average discount rate – operating leases 4 %
Schedule of Future Minimum Lease Payment	Future minimum lease payments, which include non -cancelable Year ending March 31, (In thousands) 2023 (remainder) $ 1,184 2024 1,087 2025 5 2026 3 Thereafter — Total minimum lease payment $ 2,279	Future minimum lease payments, which include non -cancelable Years ending December 31, (in thousands) 2023 $ 1,577 2024 1,087 2025 5 2026 3 Thereafter — Total minimum lease payment $ 2,672

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	(In thousands, except shares Three months ended 2023 2022 Basic and diluted loss per share: Net loss attributable to FaZe Holdings Inc., basic and diluted $ (14,040 ) $ (9,542 ) Weighted-average common shares outstanding, basic and diluted 64,071,686 20,640,022 Net loss per share, basic and diluted $ (0.22 ) $ (0.46 )	The following table sets forth the computation of basic and diluted earnings per share attributable to common stockholders for the year ended December 31, 2022 and 2021: (in thousands, except shares and Years ended December 31, 2022 2021 Basic and diluted loss per share: Net loss attributable to FaZe Holdings Inc., basic and diluted $ (168,534 ) $ (36,866 ) Weighted-average common shares outstanding, basic and diluted 39,872,308 19,187,873 Net loss per share, basic and diluted $ (4.23 ) $ (1.92 )
Schedule of antidilutive shares in the computation of diluted shares outstanding	The Company had antidilutive shares for the three months ended March 31, 2023 and 2022. The following securities were not included in the computation of diluted shares outstanding for the three months ended March 31, 2023, and 2022 because the effect would be antidilutive: As of As of Convertible preferred stock — — Public Warrants 5,750,000 5,750,000 Private Placement Warrants 173,333 173,333 Seller Earn-out 5,312,098 5,312,098 Sponsor Earn-out Shares 2,156,250 2,156,250 Legacy FaZe preferred warrant — — Unvested restricted stock award 1,601,218 1,649,962 Unvested restricted stock units 735,667 1,124,674 Stock options 16,812,734 18,863,654 Total potentially dilutive common stock equivalents 32,541,300 35,029,971	The Company had antidilutive shares for the year ended December 31, 2022 and 2021. The following securities were not included in the computation of diluted shares outstanding for the year ended December 31, 2022, and 2021 because the effect would be antidilutive: As of December 31, As of December 31, Convertible preferred stock — 7,209,555 Public Warrants 5,750,000 5,750,000 Private Placement Warrants 173,333 173,333 Seller Earn-out 5,312,098 — Sponsor Earn-out Shares 2,156,250 — Legacy FaZe preferred warrant — 651,951 Unvested restricted stock award 1,649,962 49,426 Stock options 18,863,654 19,912,281 Total potentially dilutive common stock equivalents 33,905,297 33,746,546

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Taxes [Abstract]
Schedule of Income (Loss) Before Income Tax Expense	The Company’s income and losses before income taxes in 2022 and 2021, respectively, consist of income and losses from domestic operations. Income/(Loss) before income tax expense for the years ended December 31, 2022 and 2021, respectively, consisted of the following: (in thousands) Year Ended Year Ended United States (168,534 ) (36,866 ) Foreign — — Income/(Loss) before income taxes (168,534 ) (36,866 )
Schedule of Provision for Income Taxes	The table below presents the components of the provision for income taxes: Year Ended Year Ended Current Federal 0 0 State 0 0 Foreign 0 0 Total Current 0 0 Deferred US Federal 0 0 US State 0 0 Foreign 0 0 Total Deferred 0 0 Total Provision/(Benefit) 0 0
Schedule of Reconciliation of Income Tax Expense (Benefit)	Year Ended Year Ended Tax provision at statutory rate 21.0 % 21.0 % State taxes, net of federal benefit 2.0 % 6.9 % Permanent Items (0.0 )% (0.2 )% 162(m) Limitations (0.6 )% 0.0 % Equity Compensation 0.2 % (0.1 )% Deferred Adjustments (1.7 )% (0.1 )% Return to provision adjustments (0.1 )% (0.0 )% Nondeductible Loss on Debt Extinguishment (14.4 )% 0.0 % Increase/(decrease) in valuation reserve (6.4 )% (27.5 )% Effective income tax rate 0.0 % 0.0 %
Schedule of Deferred Tax Asset and Liabilities	As of December 31, 2022 2021 Deferred tax assets: Net operating loss carryforwards 34,934 20,840 Capitalized Sec. 174 Costs 67 — Equity based compensation 1,272 1,115 Accruals 953 3,156 Lease Liability 720 — Nondeductible Interest Carryover 2,089 1,148 Deferred Rent — 2 Deferred Revenue — 2,211 Fixed Assets 99 85 Other 173 140 Total Deferred Tax Assets 40,307 28,697 Less: Valuation Allowance (39,553 ) (28,697 ) Deferred tax asset, net $ 754 $ — Deferred tax Liabilities: Right of Use Asset (754 ) — Total deferred tax liabilities (754 ) — Deferred taxes — —

Description of the Business (De

Description of the Business (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Description of the Business (Details) [Line Items]
Equity value exchange ratio (in Shares)	2.2267
Common stock, price per share	$ 0.0001
Minimum bid price (in Dollars)
Common Stock [Member]
Description of the Business (Details) [Line Items]
Common stock, price per share	$ 1
Minimum bid price (in Dollars)
Minimum [Member]
Description of the Business (Details) [Line Items]
Minimum bid price (in Dollars)	$ 1

Liquidity (Details)

Liquidity (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Liquidity (Details) [Line Items]
Gross purchase price | $	$ 25
Common stock, par value | $ / shares	$ 0.0001
Purchase percentage	97%
Common stock description	the Investor may not purchase any Common Stock that would result in it owning more than 4.99% of the Company’s Common Stock or (ii) the aggregate number of Common Stock issued pursuant to the SEPA cannot exceed 19.9% of the Company’s Common Stock as of as of the date of the SEPA (referred to as the “Exchange Cap”)
Investor [Member]
Liquidity (Details) [Line Items]
Common stock issued | shares	487,995

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Summary of Significant Accounting Policies (Details) [Line Items]
Impairment loss			$ 1.1
Content asset				$ 0.5
Company recognized	$ 2.6	$ 3	7.8	0.8
Lease liabilities			2.7
Assets			2.6
Revenue	2.3	$ 2.3
Share based compensation	$ 1.3
Maximum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Revenue			$ 1.8
Minimum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Revenue				$ 4

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Consolidated Statements of Operations $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Prior to change [Member]
Condensed Income Statements, Captions [Line Items]
Cost of revenues	$ 41,553
General and administrative	39,401
Gross profit	11,299
Effect of Change [Member]
Condensed Income Statements, Captions [Line Items]
Cost of revenues	2,323
General and administrative	(2,323)
Gross profit	(2,323)
As Adjusted [Member]
Condensed Income Statements, Captions [Line Items]
Cost of revenues	43,876
General and administrative	37,078
Gross profit	$ 8,976

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of Disaggregates the Company’s Revenue by Major Type - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenue	$ 12,550	$ 15,804	$ 70,021	$ 52,852
Brand sponsorships [Member]
Disaggregation of Revenue [Line Items]
Total revenue	6,263	8,060	42,096	24,867
Content [Member]
Disaggregation of Revenue [Line Items]
Total revenue	3,028	4,681	14,497	16,068
Consumer products [Member]
Disaggregation of Revenue [Line Items]
Total revenue	388	403	3,455	5,751
Esports [Member]
Disaggregation of Revenue [Line Items]
Total revenue	2,847	2,426	9,385	5,846
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenue	$ 24	$ 234	$ 588	$ 320

Business Combination (Details)

Business Combination (Details)	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Business combination, description	Redemption of 15,883,395 shares of B. Riley 150 public shares that occurred subsequent to B. Riley 150 stockholders exercising their right to redeem public shares for their pro rata share of the trust account;•        10,000,000 shares of the Company’s common stock at a purchase price of $10.00 per share were sold and issued for an aggregate purchase price of $100.0 million pursuant to the subscription agreements entered in connection with the PIPE investment, including purchases made by the Company PIPE investor, sponsor related PIPE investors, and third-party investors, and inclusive of shares issued to the sponsor pursuant to the backstop commitment under the sponsor support agreement, representing the portion of the PIPE investment not purchased by third-party investors;•        525,782 shares of Legacy FaZe’s options to its executives, 1,450,914 shares of Legacy FaZe options, representing 75% of the unvested Legacy FaZe’s options outstanding under its existing incentive plans that remain unvested as of the effective time were vested;•        42,441 shares of the Company’s restricted stock awards were vested at the Closing, pursuant to existing contractual terms. In addition, 923,886 shares of the Company’s restricted stock awards vested 90 days after the Closing, pursuant to amendments to certain restricted stock awards entered prior to the Closing;•        1,047,623 shares of Legacy FaZe’s warrants (including 292,790 shares of preferred stock warrants and 754,833 shares of common stock warrants) were exercised into Legacy FaZe’s common stock and preferred stock, respectively;•        3,237,800 shares of Legacy FaZe’s preferred stock were converted into Legacy FaZe common stock on a one-to-one basis;•        $72.9 million of Legacy FaZe’s convertible debt (including 2021 Cox Convertible Promissory Notes, 2021 Convertible Promissory Notes, 2020 Secured Convertible Note Purchase Agreements and Secured Convertible Promissory Notes, and 2020 Convertible Promissory Notes) were converted into Legacy FaZe common stock, with $6.9 million accrued interest converted into the common stock, and $2.6 million accrued interest settled in cash;•        All 22,902,063 shares of issued and outstanding Legacy FaZe’s common stock (including shares of its common stock issued pursuant to the exercise of common stock and preferred stock purchase warrants and the conversion of its convertible debts and the preferred stocks) were surrendered and exchanged into 50,995,637 shares of the Company’s common stock calculated using the Equity Value Exchange Ratio;•        The Company entered into earn-out agreements to remove restrictions of legally outstanding shares if certain share price milestones are achieved. Refer to Note 9, Equity; and•        The Company assumed public and private placement warrants from B. Riley 150. Refer to Note 9, Equity, for the public warrants (the “Public Warrants”) and Note 7, Private Placement Warrants and Recurring Fair Value Measurements, for the Private Placement Warrants.As of the Closing Date and following the completion of the Business Combination, the Company had the following outstanding securities:•        70,132,639 shares of common stock, with a par value of $0.0001 per share.•        5,923,333 warrants, consisting of 5,750,000 Public Warrants and 173,333 Private Placement Warrants.As a result of the Business Combination, Legacy FaZe received net cash consideration of $57.8 million. Legacy FaZe and B. Riley 150 incurred costs that were considered direct and incremental costs associated with the transaction. These costs amounted to $25.9 million and were treated as a reduction of additional paid-in capital.

Property, Equipment and Lease_3

Property, Equipment and Leasehold Improvements (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 0.5	$ 0.1	$ 1.3	$ 0.5

Property, Equipment and Lease_4

Property, Equipment and Leasehold Improvements (Details) - Schedule of Property, Equipment and Leasehold Improvements - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Subtotal	$ 5,546	$ 5,444	$ 1,704
Less: Accumulated depreciation	(2,087)	(1,623)	(779)
Property, equipment and leasehold improvements, net	3,459	3,821	925
Furniture / Fixtures [Member]
Property, Plant and Equipment [Line Items]
Subtotal	897	897	159
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	3,681	3,640	708
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Subtotal	106	106	106
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 862	$ 801	$ 731

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets [Abstract]
Amortization expense	$ 0.2	$ 0.1	$ 0.6	$ 0.5
Intangible assets			$ 1

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Website Development [Member]
Finite-Lived Intangible Assets [Line Items]
Website development, Useful Life	3 years	3 years	3 years
Website development, Gross Carrying Value	$ 416	$ 377	$ 211
Website development, Accumulated Amortization	208	175	75
Website development, Net Carrying Value	208	$ 202	$ 136
Talent Acquisition [Member]
Finite-Lived Intangible Assets [Line Items]
Talent acquisition, Useful Life		2 years	2 years
Talent acquisition, Gross Carrying Value	1,054	$ 1,201	$ 1,653
Talent acquisition, Accumulated Amortization	603	555	1,051
Talent acquisition, Net Carrying Value	451	646	602
Intangible Assets, Net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net Gross Carrying Value	1,470	1,578	1,864
Intangible assets, net Accumulated Amortization	811	730	1,126
Intangible assets, net Net Carrying Value	$ 659	$ 848	$ 738

Intangible Assets (Details) -_2

Intangible Assets (Details) - Schedule of Estimated Future Amortization of Intangible Assets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Estimated Future Amortization of Intangible Assets [Abstract]
2023	$ 299	$ 478
2024	51	332
2025	1	38
2026
Total future amortization of amortizable intangible assets	$ 659	$ 848

Private Placement Warrants an_3

Private Placement Warrants and Recurring Fair Value Measurements (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Private Placement Warrants and Recurring Fair Value Measurements [Abstract]
Private Placement	173,333	173,333
Exercise price	$ 11.5	$ 11.5

Private Placement Warrants an_4

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value of the Private Placement Warrants - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Fair Value of the Private Placement Warrants [Abstract]
Risk-free interest rate	3.70%	4%	1.30%
Expected term (years)	4 years 3 months 18 days	4 years 6 months	5 years 6 months
Expected volatility	91.50%	53.30%	18.50%
Exercise price (in Dollars per share)	$ 11.5	$ 11.5	$ 11.5
Dividend yield	0%	0%	0%

Private Placement Warrants an_5

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Changes in the Fair Value of the Private Placement Warrants Liability - USD ($) $ in Thousands	3 Months Ended	5 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 30, 2022
Schedule of Changes in the Fair Value of the Private Placement Warrants Liability [Abstract]
Private warrant liability at January 1, 2022	$ 24	$ 114	$ 114
Change in fair value of private warrant liability	$ (13)	(90)	$ (90)
Private warrant liability at June 30, 2022		$ 24

Private Placement Warrants an_6

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis [Line Items]
Private Placement Warrants		$ 24
Total	$ 11	24
Quoted Prices In Active Markets (Level 1) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis [Line Items]
Private Placement Warrants
Total
Significant Other Observable Inputs (Level 2) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis [Line Items]
Private Placement Warrants
Total
Significant Other Observable Inputs (Level 3) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Assets and Liabilities Were Measured At Fair Value on a Recurring Basis [Line Items]
Private Placement Warrants		24
Total	$ 11	$ 24

Debt (Details)

Debt (Details) - USD ($)		1 Months Ended				12 Months Ended
	Feb. 01, 2022	Aug. 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2022	Oct. 31, 2021	Dec. 31, 2020
Debt (Details) [Line Items]
Convertible promissory notes		$ 10,000,000
Cox convertible promissory notes, description						(a) December 15, 2023, (b) the consummation of an initial public offering, (c) the merger of Legacy FaZe with another entity, (d) a transaction pursuant to which more than 50% of Legacy FaZe’s equity securities come to be owned by an unrelated third party, (e) a sale of all or substantially all of the assets of Legacy FaZe, or (f) the consummation of a private round of equity financing resulting in aggregate gross proceeds to Legacy FaZe of at least $15.0 million (“Cox Qualified Financing”). In addition, Cox exercised its right to purchase an additional $5.0 million in Cox Convertible Promissory Notes in October 2021.
Conversion price						$ 250,000,000
Capital stock						$ 25,000,000
Interest rate						10%
Business combination						$ 15,000,000
Accrued interest						$ 1,300,000
Converted shares (in Shares)						3,096,908
Promissory notes		$ 700,000	$ 700,000	$ 2,500,000	$ 2,500,000
Conversion percentage						90%
Enterprise value						$ 250,000,000
Bear interest						4%
Closing amount						$ 700,000
Accredited investors										$ 91,700,000
Convertible promissory notes investors						$ 55,000,000
Purchase additional									$ 36,700,000
Accrued interest shares (in Shares)	523,763
Maturity date						Dec. 15, 2023
Secured convertible note purchase agreements, description						(i) an initial public offering, (ii) a transaction or series of related transactions pursuant to which more than 50% of Legacy FaZe’s equity securities come to be owned by an unrelated third party or (iii) the sale of all or substantially all of the assets of Legacy FaZe (a “Liquidity Event”). The CPH Notes are convertible, at the investor’s election, into shares of common stock or shares of the series or class of capital stock (“Conversion Shares”) sold in a private round of equity financing consummated after January 1, 2021 that result in gross proceeds of at least $15.0 million (a “CPH Qualified Financing”). The conversion price is equal to the imputed pre-money enterprise value of Legacy FaZe with respect to the CPH Qualified Financing divided by the total number of shares of capital stock then currently issued and outstanding, calculated on an as-exercised, as-converted, fully diluted basis, but excluding shares of capital stock of Legacy FaZe issuable to the investor upon conversion of the CPH Notes. The conversion price is subject to adjustment in the event Legacy FaZe’s enterprise value is greater than $250.0 million at the time of conversion.
Business combination, description						As a result of the Business Combination, on the Closing Date, $54.7 million of Legacy FaZe’s 2020 Secured Convertible Note Purchase Agreements and Secured Convertible Promissory Notes, with $5.3 million accrued interest, were converted into 15,769,002 shares of the Company’s common stock. In addition, $2.6 million of accrued interest was settled by cash. Upon the conversion of such debts under the Merger Agreement terms, approximately $112.9 million of loss on debt extinguishment was recognized in the year ended December 31, 2022.
Convertible promissory, description						The conversion price was equal to $250.0 million or $200.0 million divided by the total number of shares of capital stock of Legacy FaZe issued and outstanding, calculated on an as-exercised, as-converted, fully diluted basis, but excluding shares of capital stock of Legacy FaZe issued or issuable upon conversion of the note and other convertible notes of Legacy FaZe.The 2020 Convertible Promissory Notes, which cannot be prepaid without consent of the holder, bear interest at a rate of 4.00% per annum and are subordinate and junior in right of payment to any senior indebtedness of Legacy FaZe.Legacy FaZe evaluated the embedded conversion feature in accordance with ASC 815 and determined that embedded conversion feature did not meet the definition of a derivative and therefore did not account for it as a separate derivative liability.As a result of the Business Combination, on the Closing Date, $2.5 million of Legacy FaZe’s 2020 Convertible Promissory Notes, with $0.2 million accrued interest, were converted into 546,220 shares of the Company’s common stock. Upon the conversion of such debts under the Merger Agreement terms, approximately $2.4 million of loss on debt extinguishment was recognized in the year ended December 31, 2022.
Term loan								$ 10,000,000
Final term loan						$ 10,000,000
Interest rate percentage						7%
Company paid						$ 20,000,000
Paycheck protection program loan, description						Business Administration in a principal amount of $1.1 million pursuant to Title 1 of the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”). The PPP Loan proceeds are available to be used to pay for payroll costs, including salaries, commissions and similar compensation, group health care benefits and paid leaves, rent, utilities, and interest on certain other outstanding debt.Legacy FaZe is required to make principal and interest payments in monthly installments, beginning ten months after the last day of the covered period, on the balance that is not forgiven. The loan matures in May 2022 and bears interest at a rate of 1.00% per annum.As a result of the Business Combination, on the Closing Date, the Company paid the $1.1 million of outstanding PPP Loan and $24,760 of accrued interest with the proceeds of the Merger.
Interest expense						$ 4,500,000	$ 5,500,000
Debt issuance costs						100,000	$ 100,000
2021 Convertible Promissory Notes [Member]
Debt (Details) [Line Items]
Accrued interest						$ 26,770
Converted shares (in Shares)						133,276
CPH [Member]
Debt (Details) [Line Items]
Accrued interest shares (in Shares)	4,800,000
Bear interest						10%
B. Riley Term Loan [Member]
Debt (Details) [Line Items]
Term loan						$ 400,000

Debt (Details) - Schedule of De

Debt (Details) - Schedule of Debt Outstanding $ in Thousands	Dec. 31, 2021 USD ($)
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	$ 74,360
Short-term	3,148
Long-term	71,212
Unamortized Issuance Costs	(358)
Net Carrying Value	74,002
2021 Cox Convertible Promissory Note [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	15,000
Short-term
Long-term	15,000
Unamortized Issuance Costs
Net Carrying Value	15,000
2021 Convertible Promissory Notes [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	675
Short-term
Long-term	675
Unamortized Issuance Costs
Net Carrying Value	675
2020 Secured Convertible Promissory Note [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	55,000
Short-term
Long-term	55,000
Unamortized Issuance Costs	(358)
Net Carrying Value	54,642
2020 Convertible Promissory Notes [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	2,525
Short-term	2,025
Long-term	500
Unamortized Issuance Costs
Net Carrying Value	2,525
2020 PPP Loan [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	1,123
Short-term	1,123
Long-term
Unamortized Issuance Costs
Net Carrying Value	1,123
Other Loans [Member]
Debt (Details) - Schedule of Debt Outstanding [Line Items]
Unpaid Principal	37
Short-term
Long-term	37
Unamortized Issuance Costs
Net Carrying Value	$ 37

Equity (Details)

Equity (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity (Details) [Line Items]
Preferred stock share authorized	1,000,000	1,000,000	1,000,000
Preferred stock per share (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock share issued	0	0	0
Preferred stock share outstanding	0	0	0
Common stock share authorized	500,000,000	500,000,000	71,033,146
Common stock per share (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, share issued		71,511,887
Remain outstanding			8,461,706
Earn out shares, percentage		6%
Sponsor shares	2,156,250	2,156,250
Exercise price (in Dollars per share)	$ 11.5	$ 11.5
Common stock equals per share (in Dollars per share)	$ 18	$ 18
Common stock share issued	74,046,058	71,551,887	18,841,538
Common stock share outstanding	74,046,058	71,551,887	18,841,538
Preferred Stock [Member]
Equity (Details) [Line Items]
Preferred stock share authorized			3,545,529
Preferred stock per share (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.00001
Preferred stock share issued			3,237,800
Preferred stock share outstanding	3,237,800	3,237,800	3,237,800
Common Stock [Member]
Equity (Details) [Line Items]
Common stock share authorized	500,000,000	500,000,000	31,900,878
Common stock per share (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.00001
Common stock share issued	74,046,058	71,551,887
Common stock share outstanding	74,046,058	71,551,887
First Target Earn [Member] | Common Stock [Member]
Equity (Details) [Line Items]
Common stock per share (in Dollars per share)	$ 12	$ 12
Second Target Earn [Member] | Common Stock [Member]
Equity (Details) [Line Items]
Common stock per share (in Dollars per share)	14	14
Third Target Earn [Member] | Common Stock [Member]
Equity (Details) [Line Items]
Common stock per share (in Dollars per share)	$ 16	$ 16
Sponsor Earn-Out Shares [Member]
Equity (Details) [Line Items]
Sponsor shares	2,156,250	2,156,250
Public Warrants [Member]
Equity (Details) [Line Items]
Remain outstanding	5,750,000	5,750,000
Public warrants issued	5,750,000	5,750,000
Public warrants outstanding	5,750,000	5,750,000
Exercise price (in Dollars per share)	$ 11.5	$ 11.5
Per warrant (in Dollars per share)	$ 0.01	$ 0.01

Stock Compensation Expense (Det

Stock Compensation Expense (Details) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	Oct. 24, 2021	Jul. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Stock Compensation Expense (Details) [Line Items]
Number of share equity value exchange ratio			2.2267
Options granted and vesting expense (in Dollars)			$ 6,000		$ 500,000	$ 100
Stock based compensation expense (in Dollars)				$ 56,000	$ 1,600,000
Granted
Granted and vesting expense (in Dollars)			$ 0	$ 0	$ 1,600,000	$ 0
2022 Omnibus Incentive Plan [Member]
Stock Compensation Expense (Details) [Line Items]
Common stock, reserved for issuance	12,358,689
Common stock, reserved for issuance per share (in Dollars per share)	$ 0.0001
Shares of common stock are subject to restricted stock award			536,250		655,000
2022 Employee Stock Purchase Plan [Member]
Stock Compensation Expense (Details) [Line Items]
Common stock, reserved for issuance	1,791,416
Percentage of diluted shares outstanding	2%
Percentage of fair market value	85%
Amended and Restated 2019 Equity Incentive Plan [Member] | Common Stock [Member]
Stock Compensation Expense (Details) [Line Items]
Aggregate number of shares authorized		10,500,000
Number of share equity value exchange ratio		23,380,173
Shares of vesting and exercise of stock options			16,378,227		18,863,654
Shares of restricted stock awards			1,064,968		1,649,962
Maximum [Member] | 2022 Employee Stock Purchase Plan [Member]
Stock Compensation Expense (Details) [Line Items]
Common stock, reserved for issuance	75,000,000
Percentage of employee authorize payroll deduction	15%
Minimum [Member] | 2022 Employee Stock Purchase Plan [Member]
Stock Compensation Expense (Details) [Line Items]
Percentage of employee authorize payroll deduction	1%
Nonvested Stock Options [Member]
Stock Compensation Expense (Details) [Line Items]
Granted			0	0	0	11,545,084
Nonvested Stock Warrants [Member]
Stock Compensation Expense (Details) [Line Items]
Granted					0	0
Nonvested RSAs [Member]
Stock Compensation Expense (Details) [Line Items]
Granted					2,899,372	1,391,930
Nonvested RSUs [Member]
Stock Compensation Expense (Details) [Line Items]
Granted			95,000	0	1,124,674	0
Restricted Stock Units (RSUs) [Member]
Stock Compensation Expense (Details) [Line Items]
Options granted and vesting expense (in Dollars)			$ 2,500,000	$ 1,100,000	$ 9,000,000
Restricted Stock Units (RSUs) [Member] | Nonvested RSAs [Member]
Stock Compensation Expense (Details) [Line Items]
Granted			0	212,827

Stock Compensation Expense (D_2

Stock Compensation Expense (Details) - Schedule of Equity Incentive Plan - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Stock Compensation Expense (Details) - Schedule of Equity Incentive Plan [Line Items]
2022 Omnibus Incentive Plan		12,358,689
2022 Employee Stock Purchase Plan		75,000,000
Amended 2019 Equity Incentive Plan		23,380,173
Awards Outstanding [Member]
Stock Compensation Expense (Details) - Schedule of Equity Incentive Plan [Line Items]
2022 Omnibus Incentive Plan	1,271,917	1,238,667
2022 Employee Stock Purchase Plan
Amended 2019 Equity Incentive Plan	22,440,250	19,977,366
Awards Available for Grant [Member]
Stock Compensation Expense (Details) - Schedule of Equity Incentive Plan [Line Items]
2022 Omnibus Incentive Plan	11,086,772	11,120,022
2022 Employee Stock Purchase Plan	75,000,000	75,000,000
Amended 2019 Equity Incentive Plan	939,923	3,402,807

Stock Compensation Expense (D_3

Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock–based compensation expense	$ 2,672	$ 1,150	$ 10,167	$ 1,637
Stock options [Member]
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock–based compensation expense	6	56	469	1,635
Restricted stock awards [Member]
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock–based compensation expense	$ 2,666	$ 1,094	$ 9,698	$ 2

Stock Compensation Expense (D_4

Stock Compensation Expense (Details) - Schedule of Vested and Nonvested Stock - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Vested and Nonvested Stock Options [Member]
Stock Compensation Expense (Details) - Schedule of Vested and Nonvested Stock [Line Items]
Number, Outstanding Begining balance	18,863,654	19,912,281
Weighted Average Exercise Price, Outstanding Begining balance	$ 0.38	$ 0.38
Weighted Average Remaining Life, Begining balance	4 years 1 month 17 days	4 years 10 months 9 days
Number, Granted
Weighted Average Exercise Price, Granted
Weighted Average Remaining Life, Granted
Number, Exercised	(2,050,920)	(1,048,627)
Weighted Average Exercise Price, Exercised	$ 0.38	$ 0.38
Weighted Average Remaining Life, Exercised
Number, Expired or forfeited
Weighted Average Exercise Price, Expired or forfeited
Weighted Average Remaining Life, Expired or forfeited
Number, Outstanding Ending balance	16,812,734	18,863,654
Weighted Average Exercise Price, Outstanding Ending balance		$ 0.38
Weighted Average Remaining Life, Ending balance	3 years 10 months 17 days	4 years 1 month 17 days
Vested and Nonvested Stock Warrants [Member]
Stock Compensation Expense (Details) - Schedule of Vested and Nonvested Stock [Line Items]
Number, Outstanding Begining balance	5,923,333	6,575,284
Weighted Average Exercise Price, Outstanding Begining balance	$ 11.5	$ 10.41
Weighted Average Remaining Life, Begining balance	4 years 6 months 18 days	5 years 9 months 14 days
Number, Granted
Weighted Average Exercise Price, Granted
Weighted Average Remaining Life, Granted
Number, Exercised		(651,951)
Weighted Average Exercise Price, Exercised		$ 0.53
Weighted Average Remaining Life, Exercised
Number, Expired or forfeited
Weighted Average Exercise Price, Expired or forfeited
Weighted Average Remaining Life, Expired or forfeited
Number, Outstanding Ending balance	5,923,333	5,923,333
Weighted Average Exercise Price, Outstanding Ending balance		$ 11.5
Weighted Average Remaining Life, Ending balance	4 years 3 months 18 days	4 years 6 months 18 days

Stock Compensation Expense (D_5

Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options - $ / shares	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Dec. 31, 2022
Nonvested Stock Options [Member]
Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options [Line Items]
Number, Nonvested beginning balance		6,867,852	6,867,852
Weighted- Average Exercise Price, Nonvested beginning balance (in Dollars per share)		$ 0.38	$ 0.38
Number, Granted
Weighted- Average Exercise Price, Granted (in Dollars per share)
Number, Vested		(6,197,824)
Weighted- Average Exercise Price, Vested (in Dollars per share)		$ 0.38
Number, Forfeited
Weighted- Average Exercise Price, Forfeited (in Dollars per share)
Number, Nonvested ending balance		670,008
Weighted- Average Exercise Price, Nonvested ending balance (in Dollars per share)		$ 0.38
Nonvested RSAs [Member]
Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options [Line Items]
Number, Nonvested beginning balance	1,649,962	167,277	167,277
Weighted- Average Exercise Price, Nonvested beginning balance (in Dollars per share)	$ 6.27	$ 5.78	$ 5.78
Number, Granted			1,774,698
Weighted- Average Exercise Price, Granted (in Dollars per share)			$ 6.3
Number, Vested			(289,013)
Weighted- Average Exercise Price, Vested (in Dollars per share)	$ 6		$ 5.99
Number, Forfeited
Number, Nonvested ending balance			1,649,962
Weighted- Average Exercise Price, Nonvested ending balance (in Dollars per share)			$ 6.27

Stock Compensation Expense (D_6

Stock Compensation Expense (Details) - Schedule of Nonvested Stock Warrants - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Nonvested Stock Warrants Abstract
Number of Nonvested Beginning balance
Weighted- Average Exercise Price, Nonvested Beginning balance
Number of, Granted
Weighted- Average Exercise Price, Granted
Number of, Vested	57,250		1,680,774
Weighted- Average Exercise Price, Vested
Number of, Forfeited
Weighted- Average Exercise Price, Forfeited
Number of Nonvested Ending balance
Weighted- Average Exercise Price, Ending balance

Stock Compensation Expense (D_7

Stock Compensation Expense (Details) - Schedule of Nonvested RSUs - Restricted Stock Units (RSUs) [Member]	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Stock Compensation Expense (Details) - Schedule of Nonvested RSUs [Line Items]
Number, Nonvested ,Beginning balance
Weighted Average Price, Beginning balance (in Dollars per share) | $ / shares
Number, Granted	1,124,674
Weighted Average Price, Granted (in Dollars per share) | $ / shares	$ 2.68
Number, Vested	(422,257)
Weighted Average Price, Vested (in Dollars per share) | $ / shares	$ 2.5
Number, Forfeited
Number, Nonvested, Ending balance	702,417
Weighted Average Price, Nonvested, Ending balance (in Dollars per share) | $ / shares	$ 2.79

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Rent expense	$ 0.4	$ 0.4	$ 1.5	$ 0.9

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of lease costs - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Components of total lease costs:
Operating lease expense	$ 397	$ 407	$ 1,544	$ 902
Total lease costs	$ 397	$ 407	$ 1,544	$ 902

Commitments and Contingencies_4

Commitments and Contingencies (Details) - Schedule of Lease Assets and Lease Liabilities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2023
Assets
Right of use asset – long term	$ 2,693
Total right of use asset	2,693		$ 2,319
Liabilities
Operating lease liabilities – short term	1,488		1,488
Operating lease liabilities – long term	1,084		$ 718
Total lease liability	$ 2,572

Commitments and Contingencies_5

Commitments and Contingencies (Details) - Schedule of Lease Terms and Discount Rate	Mar. 31, 2023	Dec. 31, 2022
Schedule of Lease Terms and Discount Rate [Abstract]
Weighted average remaining lease term (in years) – operating leases	1 year 4 months 24 days	1 year 8 months 12 days
Weighted average discount rate – operating leases	4%	4%

Commitments and Contingencies_6

Commitments and Contingencies (Details) - Schedule of Future Minimum Lease Payment - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule Of Future Minimum Lease Payment Abstract
2023	$ 1,184	$ 1,577
2024	1,087	1,087
2025	5	5
2026	3	3
Thereafter
Total minimum lease payment	$ 2,279	$ 2,672

Litigation (Details)

Litigation (Details) - USD ($) $ in Millions				1 Months Ended			3 Months Ended	12 Months Ended
	May 01, 2022	May 14, 2021	Dec. 07, 2020	Apr. 30, 2022	Oct. 31, 2021	May 21, 2021	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Nov. 30, 2020
Litigation (Details) [Line Items]
Alleged funding amount										$ 3
Disposition		$ 3
Agreement total amount			$ 3
Plus payment			$ 0.5
Settlement agreement			the Company has entered into a settlement agreement whereby Gordon agreed to the cancellation of 90,000 of the 790,000 outstanding stock options previously issued to him and to release any actions, claims, damages, judgments or agreements arising out of his relationship with the Company in exchange for $1.9 million in cash
Legal accrual								$ 1.9
Initial payment							$ 0.4
Mr. Selkoe [Member]
Litigation (Details) [Line Items]
Accrued amount									$ 3.2
Severance payments	$ 0.3							2.9
Bridging Finance Group [Member]
Litigation (Details) [Line Items]
Alleged funding amount										$ 30
Ms. Butler [Member]
Litigation (Details) [Line Items]
Legal accrual								$ 0.8
Preliminary settlement payable						$ 0.8
Treschow-Fritzoe [Member]
Litigation (Details) [Line Items]
Legal accrual					$ 0.8				$ 1.2
Subsequently paid in cash				$ 0.8

Loss Per Share (Details)

Loss Per Share (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Vested warrants outstanding	57,250			1,680,774
Operations net losses	$ 14,040	$ 9,542
Vested warrants outstanding				1,680,774

Loss Per Share (Details) - Sche

Loss Per Share (Details) - Schedule of basic and diluted earnings per share - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Schedule of Basic and Diluted Earnings Per Share [Abstract]
Net loss attributable to FaZe Holdings Inc., basic and diluted	$ (14,040)	$ (9,542)	$ (168,534)	$ (36,866)
Weighted-average common shares outstanding, basic	64,071,686	20,640,022	39,872,308	19,187,873
Net loss per share, basic	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)

Loss Per Share (Details) - Sc_2

Loss Per Share (Details) - Schedule of basic and diluted earnings per share (Parentheticals) - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Schedule of Basic and Diluted Earnings Per Share [Abstract]
Weighted-average common shares outstanding, diluted	64,071,686	20,640,022	39,872,308	19,187,873
Net loss per share, diluted	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)

Loss Per Share (Details) - Sc_3

Loss Per Share (Details) - Schedule of antidilutive shares in the computation of diluted shares outstanding - USD ($)	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Schedule of Antidilutive Shares in the Computation of Diluted Shares Outstanding [Abstract]
Convertible preferred stock				$ 7,209,555
Public Warrants	5,750,000	5,750,000	5,750,000	5,750,000
Private Placement Warrants	173,333	173,333	173,333	173,333
Seller Earn-out	5,312,098	5,312,098	5,312,098
Sponsor Earn-out Shares	2,156,250	2,156,250	2,156,250
Legacy FaZe preferred warrant				651,951
Unvested restricted stock award	1,601,218	1,649,962	1,649,962	49,426
Stock options	16,812,734	18,863,654	18,863,654	19,912,281
Total potentially dilutive common stock equivalents	$ 32,541,300	$ 33,905,297	$ 35,029,971	$ 33,746,546

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Valuation allowance increased	$ 10.9
Federal net operating loss carryovers	$ 123.8	$ 73.3
Net operating loss carryforwards, description	The 2017 Tax Cuts and Jobs Act (“TCJA”) will generally allow losses incurred after 2017 to be carried over indefinitely but will generally limit the net operating loss deduction to the lesser of the net operating loss carryover or 80% of a corporation’s taxable income (subject to Section 382 of the Internal Revenue Code of 1986, as amended). Also, there will be no carryback for losses incurred after 2017. Losses incurred prior to 2018 will generally be deductible to the extent of the lesser of a corporation’s net operating loss carryover or 100% of a corporation’s taxable income and be available for twenty years from the period the loss was generated. The Company has federal net operating losses generated following 2017 of $122.8 million, which do not expire. The federal net operating losses generated prior to 2018 of $1.0 million will expire at various dates through 2037.
State net operating loss carryovers	$ 128	$ 129.4

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of Income (Loss) Before Income Tax Expense - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Income Loss Before Income Tax Expense Abstract
United States	$ (168,534)	$ (36,866)
Foreign
Income/(Loss) before income taxes	$ (168,534)	$ (36,866)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of Provision for Income Taxes - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Current
Federal	$ 0	$ 0
State	0	0
Foreign	0	0
Total Current	0	0
Deferred
US Federal	0	0
Total Deferred	0	0
US State	0	0
Foreign	0	0
Total Provision/(Benefit)	$ 0	$ 0

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of Reconciliation of Income Tax Expense (Benefit)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Reconciliation Of Income Tax Expense Benefit Abstract
Tax provision at statutory rate	21%	21%
State taxes, net of federal benefit	2%	6.90%
Permanent Items	0%	(0.20%)
162(m) Limitations	(0.60%)	0%
Equity Compensation	0.20%	(0.10%)
Deferred Adjustments	(1.70%)	(0.10%)
Return to provision adjustments	(0.10%)	0%
Nondeductible Loss on Debt Extinguishment	(14.40%)	0%
Increase/(decrease) in valuation reserve	(6.40%)	(27.50%)
Effective income tax rate	0%	0%

Income Taxes (Details) - Sche_4

Income Taxes (Details) - Schedule of Deferred Tax Asset and Liabilities - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Net operating loss carryforwards	$ 34,934	$ 20,840
Capitalized Sec. 174 Costs	67
Equity based compensation	1,272	1,115
Accruals	953	3,156
Lease Liability	720
Nondeductible Interest Carryover	2,089	1,148
Deferred Rent		2
Deferred Revenue		2,211
Fixed Assets	99	85
Other	173	140
Total Deferred Tax Assets	40,307	28,697
Less: Valuation Allowance	(39,553)	(28,697)
Deferred tax asset, net	754
Deferred tax Liabilities:
Right of Use Asset	(754)
Total deferred tax liabilities	(754)
Deferred taxes

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
	Feb. 17, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transactions (Details) [Line Items]
Stock issued during period, value, restricted stock awards
Related party transaction, amount of transaction	$ 50,000
Snoop Dogg [Member]
Related Party Transactions (Details) [Line Items]
Stock issued during period, value, restricted stock awards	1,857,154
Cordell Broadus [Member]
Related Party Transactions (Details) [Line Items]
Stock issued during period, value, restricted stock awards	247,615
Boss Lady Entertainment [Member]
Related Party Transactions (Details) [Line Items]
Stock issued during period, value, restricted stock awards	247,615
SMAC Entertainment [Member]
Related Party Transactions (Details) [Line Items]
Stock issued during period, value, restricted stock awards	$ 247,615

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	1 Months Ended	3 Months Ended
	Feb. 16, 2023	Mar. 31, 2023	Mar. 23, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsequent Events (Details) [Line Items]
Common stock, par value		$ 0.0001		$ 0.0001	$ 0.0001
Bid price		$ 0.0001
Selling expense (in Dollars)		$ 25
Purchase percentage		97%
Common stock description		the Investor may not purchase any Common Stock that would result in it owning more than 4.99% of the Company’s Common Stock or (ii) the aggregate number of Common Stock issued pursuant to the SEPA cannot exceed 19.9% of the Company’s Common Stock as of as of the date of the SEPA (referred to as the “Exchange Cap”)
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Severance amount (in Dollars)	$ 100,000
Forecast [Member]
Subsequent Events (Details) [Line Items]
Common stock, par value			$ 0.0001
Bid price			1
Exceed price par share			$ 1

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details) - Schedule of Revenue by Major Type - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenue	$ 12,550	$ 15,804	$ 70,021	$ 52,852
Brand sponsorships [Member]
Disaggregation of Revenue [Line Items]
Total revenue	6,263	8,060	42,096	24,867
Content [Member]
Disaggregation of Revenue [Line Items]
Total revenue	3,028	4,681	14,497	16,068
Consumer products [Member]
Disaggregation of Revenue [Line Items]
Total revenue	388	403	3,455	5,751
Esports [Member]
Disaggregation of Revenue [Line Items]
Total revenue	2,847	2,426	9,385	5,846
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenue	$ 24	$ 234	$ 588	$ 320

Property, Equipment and Lease_5

Property, Equipment and Leasehold Improvements (Details) - Schedule of Property, Equipment and Leasehold Improvements - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Subtotal	$ 5,546	$ 5,444	$ 1,704
Less: Accumulated depreciation	(2,087)	(1,623)	(779)
Property, equipment and leasehold improvements, net	3,459	3,821	925
Furniture / Fixtures [Member]
Property, Plant and Equipment [Line Items]
Subtotal	897	897	159
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	3,681	3,640	708
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Subtotal	106	106	106
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 862	$ 801	$ 731

Intangible Assets (Details) -_3

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Website development [Member]
Finite-Lived Intangible Assets [Line Items]
Website development, Useful Life	3 years	3 years	3 years
Website development, Gross Carrying Value	$ 416	$ 377	$ 211
Website development, Accumulated Amortization	208	175	75
Website development, Net Carrying Value	208	$ 202	$ 136
Talent acquisition [Member]
Finite-Lived Intangible Assets [Line Items]
Talent acquisition, Useful Life		2 years	2 years
Talent acquisition, Gross Carrying Value	1,054	$ 1,201	$ 1,653
Talent acquisition, Accumulated Amortization	603	555	1,051
Talent acquisition, Net Carrying Value	$ 451	$ 646	602
Talent acquisition [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Talent acquisition, Useful Life	2 years	2 years
Talent acquisition [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Talent acquisition, Useful Life	3 years	3 years
Intangible assets, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net Gross Carrying Value	$ 1,470	$ 1,578	1,864
Intangible assets, net Accumulated Amortization	811	730	1,126
Intangible assets, net Net Carrying Value	$ 659	$ 848	$ 738

Intangible Assets (Details) -_4

Intangible Assets (Details) - Schedule of Estimated Future Amortization of Intangible Assets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Estimated Future Amortization of Intangible Assets [Abstract]
2023 (remainder)	$ 308
2024	299	$ 478
2025	51	332
2026	1	38
Total future amortization of amortizable intangible assets	$ 659	$ 848

Private Placement Warrants an_7

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value of the Private placement warrants - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Fair Value of the Private Placement Warrants [Abstract]
Risk-free interest rate	3.70%	4%	1.30%
Expected term (years)	4 years 3 months 18 days	4 years 6 months	5 years 6 months
Expected volatility	91.50%	53.30%	18.50%
Exercise price (in Dollars per share)	$ 11.5	$ 11.5	$ 11.5
Dividend yield	0%	0%	0%

Private Placement Warrants an_8

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Changes in the Fair Value of the Private placement Warrants Liability - USD ($) $ in Thousands	3 Months Ended	5 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 30, 2022
Schedule of Changes in the Fair Value of the Private Placement Warrants Liability [Abstract]
Warrant liabilities at beginning		$ 114	$ 114
Change in fair value of warrant liabilities	$ (13)	$ (90)	(90)
Warrant liabilities at ending	$ 11		$ 24

Private Placement Warrants an_9

Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants		$ 24
Total	$ 11	24
Private Placement Warrants [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants	11	24
Quoted Prices In Active Markets (Level 1) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants
Total
Quoted Prices In Active Markets (Level 1) [Member] | Private Placement Warrants [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants
Significant Other Observable Inputs (Level 2) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants
Total
Significant Other Observable Inputs (Level 2) [Member] | Private Placement Warrants [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants
Significant Other Observable Inputs (Level 3) [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants		24
Total	11	24
Significant Other Observable Inputs (Level 3) [Member] | Private Placement Warrants [Member]
Private Placement Warrants and Recurring Fair Value Measurements (Details) - Schedule of Fair Value Hierarchy of the Valuation Techniques [Line Items]
Private Placement Warrants	$ 11	$ 24

Stock Compensation Expense (D_8

Stock Compensation Expense (Details) - Schedule of Equity Compensation Plans - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Awards Reserved for Issuance [Member]
Stock Compensation Expense (Details) - Schedule of Equity Compensation Plans [Line Items]
2022 Omnibus Incentive Plan	12,358,689
2022 Employee Stock Purchase Plan	75,000,000
Amended 2019 Equity Incentive Plan	23,380,173
Awards Outstanding [Member]
Stock Compensation Expense (Details) - Schedule of Equity Compensation Plans [Line Items]
2022 Omnibus Incentive Plan	1,271,917	1,238,667
2022 Employee Stock Purchase Plan
Amended 2019 Equity Incentive Plan	22,440,250	19,977,366
Awards Available for Grant [Member]
Stock Compensation Expense (Details) - Schedule of Equity Compensation Plans [Line Items]
2022 Omnibus Incentive Plan	11,086,772	11,120,022
2022 Employee Stock Purchase Plan	75,000,000	75,000,000
Amended 2019 Equity Incentive Plan	939,923	3,402,807

Stock Compensation Expense (D_9

Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock based compensation expense	$ 2,672	$ 1,150	$ 10,167	$ 1,637
Stock options [Member]
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock based compensation expense	6	56	469	1,635
Restricted stock awards [Member]
Stock Compensation Expense (Details) - Schedule of Stock-Based Compensation Expense [Line Items]
Total stock based compensation expense	$ 2,666	$ 1,094	$ 9,698	$ 2

Stock Compensation Expense (_10

Stock Compensation Expense (Details) - Schedule of Stock Option Grant Activity - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Vested and Nonvested Stock Options [Member]
Stock Compensation Expense (Details) - Schedule of Stock Option Grant Activity [Line Items]
Number, Outstanding Beginning balance	18,863,654
Weighted Average Exercise Price, Outstanding Beginning balance	$ 0.38
Weighted Average Remaining Life, Beginning balance	4 years 1 month 17 days	4 years 10 months 9 days
Number, Outstanding Ending balance	16,812,734	18,863,654
Weighted Average Exercise Price, Outstanding Ending balance	$ 0.38	$ 0.38
Weighted Average Remaining Life, Ending balance	3 years 10 months 17 days	4 years 1 month 17 days
Number, Granted
Weighted Average Exercise Price, Granted
Weighted Average Remaining Life, Granted
Number, Exercised	(2,050,920)	(1,048,627)
Weighted Average Exercise Price, Exercised	$ 0.38	$ 0.38
Weighted Average Remaining Life, Exercised
Number, Expired or forfeited
Weighted Average Exercise Price, Expired or forfeited
Weighted Average Remaining Life, Expired or forfeited
Vested and Nonvested Stock Warrants [Member]
Stock Compensation Expense (Details) - Schedule of Stock Option Grant Activity [Line Items]
Number, Outstanding Beginning balance	5,923,333
Weighted Average Exercise Price, Outstanding Beginning balance	$ 11.5
Weighted Average Remaining Life, Beginning balance	4 years 6 months 18 days	5 years 9 months 14 days
Number, Outstanding Ending balance	5,923,333	5,923,333
Weighted Average Exercise Price, Outstanding Ending balance	$ 11.5	$ 11.5
Weighted Average Remaining Life, Ending balance	4 years 3 months 18 days	4 years 6 months 18 days
Number, Granted
Weighted Average Exercise Price, Granted
Weighted Average Remaining Life, Granted
Number, Exercised		(651,951)
Weighted Average Exercise Price, Exercised		$ 0.53
Weighted Average Remaining Life, Exercised
Number, Expired or forfeited
Weighted Average Exercise Price, Expired or forfeited
Weighted Average Remaining Life, Expired or forfeited

Stock Compensation Expense (_11

Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Nonvested Stock Warrants [Member]
Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options [Line Items]
Number, Outstanding Begining balance	670,008
Weighted Average Exercise Price, Outstanding Begining balance	$ 0.38
Number, Granted		0	0
Weighted- Average Exercise Price, Granted
Number, Vested	(81,101)
Weighted- Average Exercise Price, Vested	$ 0.38
Number, Forfeited
Weighted- Average Exercise Price, Forfeited
Number, Outstanding Ending balance	588,907	670,008
Weighted Average Exercise Price, Outstanding Ending balance	$ 0.38	$ 0.38
Nonvested RSAs [Member]
Stock Compensation Expense (Details) - Schedule of Nonvested Stock Options [Line Items]
Number, Outstanding Begining balance	1,649,962
Weighted Average Exercise Price, Outstanding Begining balance	$ 6.27
Number, Granted		2,899,372	1,391,930
Number, Vested	(48,744)
Weighted- Average Exercise Price, Vested	$ 6	$ 5.99
Number, Outstanding Ending balance	1,601,218	1,649,962
Weighted Average Exercise Price, Outstanding Ending balance	$ 6.28	$ 6.27

Stock Compensation Expense (_12

Stock Compensation Expense (Details) - Schedule of Restricted Stock Units - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of restricted stock units [Abstract]
Number, Nonvested, Beginning balance	702,417
Weighted Average Price, Nonvested, Beginning balance (in Dollars per share)	$ 2.79
Number, Granted	95,000
Weighted Average Price, Granted (in Dollars per share)	$ 1.09
Number, Vested	(57,250)		(1,680,774)
Weighted Average Price, Vested (in Dollars per share)	$ 2.63
Number, Forfeited	(4,500)
Number, Nonvested, Ending balance	735,667	702,417
Weighted Average Price, Nonvested, Ending balance (in Dollars per share)	$ 2.48	$ 2.79

Commitments and Contingencies_7

Commitments and Contingencies (Details) - Schedule of Lease Costs - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Components of total lease costs:
Operating lease expense	$ 397	$ 407	$ 1,544	$ 902
Total lease costs	$ 397	$ 407	$ 1,544	$ 902

Commitments and Contingencies_8

Commitments and Contingencies (Details) - Schedule of Lease Assets And Lease Liabilities - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets
Right of use asset – long term	$ 2,319	$ 2,693
Total right of use asset	2,319	2,693
Liabilities
Operating lease liabilities – short term	1,488	1,488
Operating lease liabilities – long term	718	1,084
Total lease liability	$ 2,206	$ 2,572

Commitments and Contingencies_9

Commitments and Contingencies (Details) - Schedule of Lease Terms and Discount Rate	Mar. 31, 2023	Dec. 31, 2022
Schedule of Lease Terms and Discount Rate [Abstract]
Weighted average remaining lease term (in years) – operating leases	1 year 4 months 24 days	1 year 8 months 12 days
Weighted average discount rate – operating leases	4%	4%

Commitments and Contingencie_10

Commitments and Contingencies (Details) - Schedule of Future Minimum Lease Payment - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of future minimum lease payment [Abstract]
2023 (remainder)	$ 1,184	$ 1,577
2024	1,087	1,087
2025	5	5
2026	3	3
Thereafter
Total minimum lease payment	$ 2,279	$ 2,672

Loss Per Share (Details) - Sc_4

Loss Per Share (Details) - Schedule of Basic and Diluted Earnings Per Share - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Schedule of Basic and Diluted Earnings Per Share [Abstract]
Net loss attributable to FaZe Holdings Inc., basic and diluted	$ (14,040)	$ (9,542)	$ (168,534)	$ (36,866)
Weighted-average common shares outstanding, basic and diluted	64,071,686	20,640,022	39,872,308	19,187,873
Net loss per share, basic and diluted	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)

Loss Per Share (Details) - Sc_5

Loss Per Share (Details) - Schedule of Basic and Diluted Earnings Per Share (Parentheticals) - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Schedule of Basic and Diluted Earnings Per Share [Abstract]
Weighted-average common shares outstanding, diluted	64,071,686	20,640,022	39,872,308	19,187,873
Net loss per share, diluted	$ (0.22)	$ (0.46)	$ (4.23)	$ (1.92)

Loss Per Share (Details) - Sc_6

Loss Per Share (Details) - Schedule of Antidilutive Shares in the Computation of Diluted Shares Outstanding - USD ($)	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Schedule of Antidilutive Shares in the Computation of Diluted Shares Outstanding [Abstract]
Convertible preferred stock				$ 7,209,555
Public Warrants	5,750,000	5,750,000	5,750,000	5,750,000
Private Placement Warrants	173,333	173,333	173,333	173,333
Seller Earn-out	5,312,098	5,312,098	5,312,098
Sponsor Earn-out Shares	2,156,250	2,156,250	2,156,250
Legacy FaZe preferred warrant				651,951
Unvested restricted stock award	1,601,218	1,649,962	1,649,962	49,426
Unvested restricted stock units	735,667		1,124,674
Stock options	16,812,734	18,863,654	18,863,654	19,912,281
Total potentially dilutive common stock equivalents	$ 32,541,300	$ 33,905,297	$ 35,029,971	$ 33,746,546