Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) 10-Q 14 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 14, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Information [Line Items]
Entity Registrant Name	Falcon’s Beyond Global, Inc.
Entity Central Index Key	0001937987
Entity File Number	001-41833
Entity Tax Identification Number	92-0261853
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	1768 Park Center Drive
Entity Address, City or Town	Orlando
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32835
Entity Phone Fax Numbers [Line Items]
City Area Code	(407)
Local Phone Number	909-9350
Class A common stock, par value $0.0001 per share
Entity Listings [Line Items]
Title of 12(b) Security	Class A common stock, par value $0.0001 per share
Trading Symbol	FBYD
Security Exchange Name	NASDAQ
Warrants to purchase 1.034999 shares of Class A common stock, at an exercise price of $11.50 per share
Entity Listings [Line Items]
Title of 12(b) Security	Warrants to purchase 1.034999 shares of Class A common stock, at an exercise price of $11.50 per share
Trading Symbol	FBYDW
Security Exchange Name	NASDAQ
Class A Common Stock
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		11,066,629
Class B Common Stock
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		96,346,617

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 828	$ 672
Accounts receivable, net ($219 and $632 related party as of September 30, 2024, and December 31, 2023, respectively)	219	696
Other current assets	1,025	1,061
Total current assets	2,072	2,429
Investments and advances to equity method investments	63,915	60,643
Property and equipment, net	24	23
Other non-current assets	539	264
Total assets	66,550	63,359
Current liabilities:
Accounts payable ($1,488 and $1,357 related party as of September 30, 2024, and December 31, 2023, respectively)	4,710	3,852
Accrued expenses and other current liabilities ($2,429 and $475 related party as of September 30, 2024, and December 31, 2023, respectively)	24,332	20,840
Short-term debt ($904 related party as of September 30, 2024)	8,471
Current portion of long-term debt ($0 and $4,878 related party as of September 30, 2024, and December 31, 2023, respectively)	1,868	6,651
Earnout liabilities – current portion		183,055
Total current liabilities	39,381	214,398
Other long-term payables	5,500	5,500
Long-term debt, net of current portion ($22,822 and $18,897 related party as of September 30, 2024, and December 31, 2023, respectively)	25,530	22,965
Earnout liabilities, net of current portion		305,586
Warrant liabilities	5,614	3,904
Total liabilities	76,025	552,353
Commitments and contingencies – Note 10
Stockholders’ equity (deficit)
Additional paid-in capital	43,116	11,699
Accumulated deficit	(44,322)	(68,594)
Accumulated other comprehensive loss	(215)	(216)
Total equity attributable to common stockholders	(1,414)	(57,105)
Non-controlling interests	(8,061)	(431,889)
Total equity	(9,475)	(488,994)
Total liabilities and equity	66,550	63,359
Class A Common Stock
Stockholders’ equity (deficit)
Common stock, value	1	1
Class B Common Stock
Stockholders’ equity (deficit)
Common stock, value	$ 6	$ 5

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Related Party
Accounts receivable related party (in Dollars)	$ 219	$ 632
Accounts payable - related party (in Dollars)	1,488	1,357
Accrued expenses and other current liabilities - related party (in Dollars)	2,429	475
Short-term debt - related party (in Dollars)	904
Current portion of long-term debt - related party (in Dollars)	0	4,878
Long-term debt, net of current portion - related party (in Dollars)	$ 22,822	$ 18,897
Class A Common Stock
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	10,066,629	7,871,643
Common stock, shares outstanding	10,066,629	7,871,643
Class B Common Stock
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	57,346,617	52,034,117
Common stock, shares outstanding	57,346,617	52,034,117

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue ($2,069, $391, $5,383 and $4,628 related party for the three months ended September 30, 2024, and 2023 and for the nine months ended September 30, 2024, and 2023, respectively)	$ 2,069	$ 1,581	$ 5,383	$ 16,097
Operating expenses:
Project design and build expense		722		10,151
Selling, general and administrative expense ($69, $31, $69 and $31 related party for the three months ended September 30, 2024, and 2023 and for the nine months ended September 30, 2024, and 2023, respectively)	4,490	4,330	16,591	23,230
Transaction expenses		8,918	7	8,918
Credit loss expense – related party ($0, $5,230, $12 and $5,484 related party for the three months ended September 30, 2024, and 2023 and for the nine months ended September 30, 2024, and 2023, respectively)		5,230	12	5,484
Research and development expense ($31, $145, $57 and $145 related party for the three months ended September 30, 2024, and 2023 and for the nine months ended September 30, 2024, and 2023, respectively)	39	349	65	1,251
Intangible asset impairment loss		2,377		2,377
Depreciation and amortization expense	1	59	4	1,575
Total operating expenses	4,530	21,985	16,679	52,986
Loss from operations	(2,461)	(20,404)	(11,296)	(36,889)
Share of gain (loss) from equity method investments	38	(1,555)	2,912	(3,690)
Gain on deconsolidation of FCG		27,402		27,402
Interest expense $(189), $(241), $(615) and $(624) related party for the three months ended September 30, 2024, and 2023 and for the nine months ended September 30, 2024, and 2023, respectively)	(421)	(321)	(1,128)	(887)
Interest income	4	47	10	92
Change in fair value of warrant liabilities	676		(1,715)
Change in fair value of earnout liabilities	40,649		172,271
Foreign exchange transaction gain (loss)	816	(866)	298	(396)
Net income (loss) before taxes	39,301	4,303	161,352	(14,368)
Income tax benefit		7	1	26
Net income (loss)	39,301	4,310	161,353	(14,342)
Net income attributable to noncontrolling interest	33,432		137,081
Net income attributable to common stockholders	$ 5,869		$ 24,272
Net income per share
Net income per share, basic (in Dollars per share)	$ 0.58		$ 2.5
Net income per share, diluted (in Dollars per share)	$ 0.46		$ 1.83
Weighted average shares outstanding, basic (in Shares)	10,066,629		9,700,372
Weighted average shares outstanding, diluted (in Shares)	10,253,082		9,906,753
Other Comprehensive income (loss):
Net income (loss)	$ 39,301	$ 4,310	$ 161,353	$ (14,342)
Foreign currency translation income (loss)	4	405		(114)
Total other comprehensive income (loss)	39,305	4,715	161,353	(14,456)
Comprehensive income attributable to noncontrolling interest	33,435		137,080
Total comprehensive income (loss) attributable to common stockholders	$ 5,870	$ 4,715	$ 24,273	$ (14,456)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (Parentheticals) - Related Party - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related party	$ 2,069	$ 391	$ 5,383	$ 4,628
Selling, general and administrative expense - Related party	69	31	69	31
Credit loss expense – related party	0	5,230	12	5,484
Research and development expense related party	31	145	57	145
Interest expense - related party	$ (189)	$ (241)	$ (615)	$ (624)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income (loss)	$ 161,353	$ (14,342)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	4	1,575
Deferred loss on sales to equity method investments		155
Foreign exchange transaction loss (gain)	(261)	372
Share of (gain) loss from equity method investments	(2,912)	3,690
Loss on sale of equipment	2
Gain on deconsolidation of FCG		(27,402)
Change in deferred tax asset		(26)
Credit loss expense ($12 and $5,484 related party for the nine months ended September 30, 2024, and 2023, respectively)	12	5,484
Intangible asset impairment		2,377
Change in fair value of earnouts	(172,271)
Change in fair value of warrants	1,715
Share based compensation expense	1,072
Changes in assets and liabilities:
Accounts receivable, net ($401 and $(4,952) related party for the nine months ended September 30, 2024, and 2023, respectively)	441	(3,061)
Other current assets	36	26
Inventories		(123)
Contract assets ($0 and $1,680 related party for the nine months ended September 30, 2024, and 2023, respectively)		466
Capitalization of ride media content		(78)
Deferred transaction costs		1,842
Long term receivable – related party		(1,314)
Other non-current assets	(274)	66
Accounts payable ($127 and $0 related party for the nine months ended September 30, 2024 and 2023, respectively)	854	6,494
Accrued expenses and other current liabilities ($66 and $33 related party for the nine months ended September 30, 2024, and 2023, respectively)	1,471	7,507
Contract liabilities ($0 and $236 related party for the nine months ended September 30, 2024, and 2023, respectively)		(129)
Net cash used in operating activities	(8,758)	(16,421)
Cash flows from investing activities
Purchase of property and equipment	(9)	(307)
Proceeds from sale of equipment	2
Cash inflow on deconsolidation of FCG		2,577
Investments and advances to unconsolidated joint ventures		(1,509)
Net cash (used in) provided by investing activities	(7)	761
Cash flows from financing activities
Short-term advances from affiliates ($2,287 related party for the nine months ended September 30, 2024)	2,287
Principal payment on finance lease obligation		(106)
Proceeds from debt – related party	7,221
Proceeds from debt – third-party	1,250
Repayment of debt – related party	(2,297)	(222)
Repayment of debt – third-party	(1,344)	(1,253)
Proceeds from related party credit facilities	6,464	10,629
Repayment of related party credit facilities	(5,392)	(3,153)
Equity contributions		1,791
Proceeds from exercised warrants	111
Proceeds from RSUs issued to affiliates	626
Net cash provided by financing activities	8,926	7,686
Net increase (decrease) in cash and cash equivalents	161	(7,974)
Foreign exchange impact on cash	(5)	(21)
Cash and cash equivalents – beginning of period	672	8,366
Cash and cash equivalents at end of period	828	371
Supplemental disclosures:
Cash paid for interest	465	653
Non-cash activities:
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities (all operating lease assets and liabilities have been deconsolidated as of July 27, 2023)		514
Finance lease right-of-use assets obtained in exchange for new finance lease liabilities		35
Conversion of warrants to common shares, Class A	7,137
Conversion of Class B Common Stock to Class A Common Stock	14,733
Release of earnout Common shares from escrow	66,255
Accrued interest capitalized as debt principal	351
Reclassification of earnout shares to equity	$ 250,116

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Statement of Cash Flows [Abstract]
Credit loss expense from related party	$ 12	$ 5,484
Accounts receivable, net	401	(4,952)
Contract assets	0	1,680
Accounts payable	127	0
Accrued expenses and other current liabilities	66	33
Contract liabilities	$ 0	$ 236

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders’ Equity (Deficit)/Members’ Equity (Unaudited) - USD ($) $ in Thousands	Units	Members’ capital	Accumulated deficit	Accumulated other comprehensive loss	Members’ equity	Common Stock Class A	Common Stock Class B	Additional paid-in Capital	Total equity attributable to common stockholders	Non- Controlling Interest	Total
Balance at Dec. 31, 2022		$ 94,201	$ (24,147)	$ (1,690)	$ 68,364
Balance (in Shares) at Dec. 31, 2022	54,483,789
Net income (loss)			(9,850)		(9,850)
Foreign currency translation income (loss)				283	283
Balance at Mar. 31, 2023		94,201	(33,997)	(1,407)	58,797
Balance (in Shares) at Mar. 31, 2023	54,483,789
Balance at Dec. 31, 2022		94,201	(24,147)	(1,690)	68,364
Balance (in Shares) at Dec. 31, 2022	54,483,789
Net income (loss)											$ (14,342)
Foreign currency translation income (loss)											(114)
Balance at Sep. 30, 2023		95,992	(38,489)	(1,804)	55,699
Balance (in Shares) at Sep. 30, 2023	54,587,077
Balance at Mar. 31, 2023		94,201	(33,997)	(1,407)	58,797
Balance (in Shares) at Mar. 31, 2023	54,483,789
Net income (loss)			(8,802)		(8,802)
Units issued		1,791			1,791
Units issued (in Shares)	103,288
Foreign currency translation income (loss)				(802)	(802)
Balance at Jun. 30, 2023		95,992	(42,799)	(2,209)	50,984
Balance (in Shares) at Jun. 30, 2023	54,587,077
Net income (loss)			4,310		4,310						4,310
Foreign currency translation income (loss)				405	405						405
Balance at Sep. 30, 2023		$ 95,992	(38,489)	(1,804)	$ 55,699
Balance (in Shares) at Sep. 30, 2023	54,587,077
Balance at Dec. 31, 2023			(68,594)	(216)		$ 1	$ 5	$ 11,699	$ (57,105)	$ (431,889)	(488,994)
Balance (in Shares) at Dec. 31, 2023						7,871,643	52,034,117
Conversion of warrants to common shares								(7,137)	(7,137)	7,230	93
Conversion of warrants to common shares (in Shares)						7,605
Conversion of Class B common stock to Class A common stock								(14,733)	(14,733)	14,733
Conversion of Class B common stock to Class A common stock (in Shares)						2,000,000	(2,000,000)
RSU Issuances								85	85	482	567
Net income (loss)			17,169						17,169	96,855	114,024
Foreign currency translation income (loss)				1					1	3	4
Balance at Mar. 31, 2024			(51,425)	(215)		$ 1	$ 5	(10,086)	(61,720)	(312,586)	(374,306)
Balance (in Shares) at Mar. 31, 2024						9,879,248	50,034,117
Balance at Dec. 31, 2023			(68,594)	(216)		$ 1	$ 5	11,699	(57,105)	(431,889)	(488,994)
Balance (in Shares) at Dec. 31, 2023						7,871,643	52,034,117
Net income (loss)											161,353
Units issued (in Shares)						1,937,500	75,562,500
Foreign currency translation income (loss)
Balance at Sep. 30, 2024			(44,322)	(215)		$ 1	$ 6	43,116	(1,414)	(8,061)	(9,475)
Balance (in Shares) at Sep. 30, 2024						10,066,629	57,346,617
Balance at Mar. 31, 2024			(51,425)	(215)		$ 1	$ 5	(10,086)	(61,720)	(312,586)	(374,306)
Balance (in Shares) at Mar. 31, 2024						9,879,248	50,034,117
Release of earnout Common shares from escrow and other							$ 1	15,681	15,682	50,573	66,255
Release of earnout Common shares from escrow and other (in Shares)						187,381	7,312,500
RSU Issuances								86	86	472	558
Net income (loss)			1,234						1,234	6,794	8,028
Foreign currency translation income (loss)				(1)					(1)	(7)	(8)
Balance at Jun. 30, 2024			(50,191)	(216)		$ 1	$ 6	5,681	(44,719)	(254,754)	(299,473)
Balance (in Shares) at Jun. 30, 2024						10,066,629	57,346,617
Forfeiture of earnout shares								10,345	10,345	58,935	69,280
Reclassification of earnout shares to equity								27,004	27,004	153,832	180,836
RSU Issuances								86	86	491	577
Net income (loss)			5,869						5,869	33,432	39,301
Units issued (in Shares)						312,500
Foreign currency translation income (loss)				1					1	3	4
Balance at Sep. 30, 2024			$ (44,322)	$ (215)		$ 1	$ 6	$ 43,116	$ (1,414)	$ (8,061)	$ (9,475)
Balance (in Shares) at Sep. 30, 2024						10,066,629	57,346,617

Description of Business and Bas

Description of Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Description of Business and Basis of Presentation [Abstract]
Description of business and basis of presentation	1. Description of business and basis of presentation Merger with FAST II Falcon’s Beyond Global, Inc., a Delaware corporation (“Pubco”, “FBG”, or the “Company”), entered into a Plan of Merger, dated as of January 31, 2023 (the “Merger Agreement”), by and among Pubco, FAST Acquisition Corp. II, a Delaware corporation (“FAST II”), Falcon’s Beyond Global, LLC, a Florida limited liability company that has since redomesticated as a Delaware limited liability company (“Falcon’s Opco”), and Palm Merger Sub, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Pubco (“Merger Sub”). On October 5, 2023 FAST II merged with and into Pubco (the “SPAC Merger”), with Pubco surviving as the sole owner of Merger Sub, followed by a contribution by Pubco of all of its cash (except for cash required to pay certain transaction expenses) to Merger Sub to effectuate the “UP-C” structure; and on October 6, 2023 Merger Sub merged with and into Falcon’s Opco (the “Acquisition Merger,” and collectively with the SPAC Merger, the “Business Combination”), with Falcon’s Opco as the surviving entity of such merger. Following the consummation of the transactions contemplated by the Merger Agreement (the “Closing”), the direct interests in Falcon’s Opco were held by Pubco and certain holders of the limited liability company units of Falcon’s Opco outstanding as of immediately prior to the Business Combination. FAST II and Falcon’s Opco’s transaction costs related to the Business Combination of $6.3 million and $15.7 million, respectively, are not yet settled at September 30, 2024. Negotiations regarding the terms of the costs yet to be settled are still ongoing and may change materially from these amounts accrued. Costs incurred in excess of the gross proceeds are recorded in profit or loss. Nature of Operations The Company operates at the intersection of content, technology, and experiences. We aim to engage, inspire and entertain people through our creativity and innovation, and to connect people with brands, with each other, and with themselves through the combination of digital and physical experiences. At the core of our business is brand creation and optimization, facilitated by our multi-disciplinary creative teams. The Company has three business divisions, which are conducted through five operating segments. Our three business lines feed into each other to accelerate our growth strategy: (i) Falcon’s Creative Group, LLC (“FCG”) creates master plans, designs attractions and experiential entertainment, and produces content, interactives and software; (ii) Falcon’s Beyond Destinations develops a diverse range of entertainment experiences using both owned and third-party licensed intellectual property, consisting of Producciones de Parques, S.L. (“PDP”), Sierra Parima, S.A.S. (“Sierra Parima”) (Sierra Parima’s Katmandu Park in Punta Cana, Dominican Republic (“Katmandu Park DR”) was closed to visitors on March 7, 2024), and Destination Operations, which develops a diverse range of entertainment experiences using both Company owned and third-party licensed intellectual property, spanning location-based entertainment, dining, and retail; and (iii) Falcon’s Beyond Brands brings brands and intellectual property to life through animation, movies, licensing and merchandising, gaming, as well as ride and technology sales. Basis of presentation The Business Combination was accounted for similar to a reverse recapitalization, with no goodwill or other intangible assets recorded, in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”). Following the closing of the Business Combination, Falcon’s Opco’s Executive Chairman, Mr. Scott Demerau, together with other members of the Demerau family, continued to collectively have a controlling interest of Pubco. As the Business Combination represents a common control transaction from an accounting perspective, the Business Combination was treated similar to a reverse recapitalization. As there was no change in control, Falcon’s Opco has been determined to be the accounting acquirer and Pubco was treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the Business Combination was treated as the equivalent of Falcon’s Opco issuing stock for the net assets of Pubco, accompanied by a recapitalization. The net assets of Pubco were stated at historical cost, with no goodwill or other intangible assets recorded. Subsequently, results of operations presented for the period prior to the Business Combination are those of Falcon’s Opco. Falcon’s Opco was formed on April 22, 2021, in the state of Florida, for the purpose of acquiring the outstanding membership units of Katmandu Group, LLC and its subsidiaries (“Katmandu”), Falcon’s Treehouse, LLC and its subsidiaries (“Treehouse”) and Falcon’s Treehouse National, LLC (“National”). On April 30, 2021, The Magpuri Revocable Trust, owner of Treehouse and National, and Katmandu Collections, LLLP, (“Collections”) owner of Katmandu, entered into a Consolidation Agreement, whereby The Magpuri Revocable Trust contributed 100% of its ownership interests in Treehouse and National in exchange for 33.33% of the membership interests of Falcon’s Opco, and Collections contributed 100% of its ownership in Katmandu in exchange for 66.67% of the membership interests of Falcon’s Opco. In June 2022, Katmandu Collections, LLLP was renamed Infinite Acquisitions, LLLP and subsequently renamed Infinite Acquisitions Partners LLC (“Infinite Acquisitions”). The accompanying condensed consolidated financial statements of the Company are unaudited. In the opinion of management, all adjustments necessary for a fair statement of results of operations, cash flows, and financial position have been made. Except as otherwise disclosed, all such adjustments are of a normal recurring nature. Interim results are not necessarily indicative of results for a full year. The year-end consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by generally accepted accounting principles. The unaudited condensed consolidated financial statements and notes are presented in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and do not contain certain information included in the Company’s Annual Report. Therefore, these interim statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report. The unaudited condensed consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries for which it exercises control. Long-term investments in affiliated companies in which the Company exercises significant influence, but which it does not control, are accounted for using the equity method. The Company does not have any significant variable interest entities or special purpose entities whose financial results are not included in the unaudited condensed consolidated financial statements. The financial statements of the Company’s operating foreign subsidiaries are measured using the local currency as the functional currency. Assets and liabilities are translated at exchange rates as of the balance sheet date. Revenues and expenses are translated at average monthly exchange rates prevailing during the period. Resulting translation adjustments are included in Accumulated other comprehensive income (loss). Principles of Consolidation The non-controlling interest represents the membership interest in Falcon’s Opco held by holders other than the Company. The results of operations attributable to the non-controlling interests are included in the Company’s unaudited condensed consolidated statements of operations and comprehensive income (loss), and the non-controlling interests are reported as a separate component of equity. The Company consolidates the assets, liabilities, and operating results of Falcon’s Opco and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in the consolidation. The unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. GAAP. Liquidity The Company has been engaged in expanding its physical operations through its equity method investments, developing new product offerings, raising capital and recruiting personnel. As a result, the Company has incurred a loss from operations of $11.3 million for the nine months ended September 30, 2024, accumulated deficit attributable to common stockholders of $44.3 million as of September 30, 2024, and negative cash flows from operating activities of $8.8 million for the nine months ended September 30, 2024. Accordingly, the Company performed an evaluation of its ability to continue as a going concern through at least twelve months from the date of the issuance of these unaudited condensed consolidated financial statements under Accounting Standards Codification (“ASC”) 205-40, Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern The Company has committed to fund its share of additional investment in its equity investment, Karnival TP-AQ Holdings Limited (“Karnival”), for the purpose of constructing the Vquarium Entertainment Centers in the People’s Republic of China. See Note 10 – Commitments and contingencies. The Company’s development plans, and investments have been funded by a combination of debt and committed equity contributions from its stockholders and third-parties, and the Company is reliant upon its stockholders and third-parties for obtaining additional financing through debt or equity raises to fund its working capital needs, contractual commitments, and expansion plans. As of September 30, 2024, the Company has accrued material amounts of expenses in relation to its external advisors, accountants and legal costs in relation to its Form S-4 and other filings. The Company has a working capital deficiency of ($27.0) million which excludes debt that is maturing in the next 12 months as of September 30, 2024. Additionally, the Company has $10.3 million in debt that is maturing in the next 12 months. The Company does not currently have sufficient cash or liquidity to pay liabilities that are owed or are maturing at this time. There can be no assurance that the additional capital or financing raises, if completed, will provide the necessary funding for the next twelve months from the date these unaudited condensed consolidated financial statements will be issued. As a result, there is substantial doubt as to the Company’s ability to continue as a going concern for the twelve-month period following the issuance of these unaudited condensed consolidated financial statements. The accompanying unaudited condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the possible inability of the Company to continue as a going concern. Deconsolidation of Falcon’s Creative Group, LLC On July 27, 2023, pursuant to the Subscription Agreement by and between FCG and QIC Delaware, Inc., (the “Subscription Agreement”), QIC Delaware, Inc., a Delaware corporation and an affiliate of QIC, invested $30.0 million in FCG (“Strategic Investment”). Following the closing of the Subscription Agreement, FCG now has two members: QIC, holding 25% of the equity interest in the form of preferred units, and the Company, holding the remaining 75% of the equity interest in the form of common units. In connection with the Strategic Investment, FCG amended and restated its limited liability company agreement (“LLCA”) to include QIC as a member and to provide QIC with certain consent, priority and preemptive rights; and the Company and FCG entered into an intercompany service agreement (“Intercompany Services Agreement”) and a license agreement. Upon the closing of the Subscription Agreement, FCG received a closing payment of $17.5 million (net of $0.5 million in reimbursements relating to due diligence fees incurred by QIC). QIC released in April 2024 the remaining $12.0 million investment into FCG pursuant to the terms of the Subscription Agreement upon the establishment of an employee retention and attraction incentive program. QIC is entitled to redeem its preferred units on the earlier of (a) the five-year anniversary of the Strategic Investment or (b) any date on which a majority of key persons cease to be employed by FCG. The LLCA contains contractual provisions regarding the distribution of FCG’s income or loss. Pursuant to these provisions, QIC is entitled to a redemption amount of the initial $30.0 million investment plus a 9% annual compounding preferred return. QIC does not absorb losses from FCG that would cause its investment to drop below this redemption amount, and any losses not absorbed by QIC are fully allocated to the Company. QIC, as the holder of the preferred units of FCG, has priority with respect to any distributions by FCG, to the extent there is cash available. Under the LLCA, such distributions are payable (i) first, to QIC until the holders’ preferred return is reduced to zero, (ii) second, to QIC until the investment amount is reduced to zero, (iii) third, to the Company until it has received an amount equal to the amount paid to QIC, and (iv) fourth, to QIC and the Company on a pro-rata basis of 25% and 75%, respectively. The LLCA grants QIC the right to block or participate in certain significant operating and capital decisions of FCG, including the approval of FCG’s budget and business plan, strategic investments, and incurring additional debt, among others. These rights allow QIC to effectively participate in significant financial and operating decisions of FCG that are made in FCG’s ordinary course of business. As such, as of July 27, 2023, the Company does not have a controlling financial interest since QIC has the substantive right to participate in FCG’s business decisions. Therefore, FCG was deconsolidated and accounted for as an equity method investment in the Company’s unaudited condensed consolidated financial statements. After July 27, 2023, the assets and liabilities of FCG are no longer included within the Company’s consolidated balance sheet as of September 30, 2024, and December 31, 2023. See Note 4 – Investments and advances to equity method investments for the Company’s recognition of its retained investment in FCG. The Company’s retained interest in FCG will continue to be presented separately as a reportable segment in Note 11– Segment Information.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of significant accounting policies	2. Summary of significant accounting policies Concentration of credit risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of Cash and cash equivalents and Accounts receivable. The Company places its Cash and cash equivalents with financial institutions of high credit quality. At times, such amounts exceed federally insured limits. Management believes that no significant concentration of credit risk exists with respect to these cash balances because of its assessment of the creditworthiness and financial viability of the respective financial institutions. The Company provides credit to its customers located both inside and outside the United States in its normal course of business. Receivables are presented net of an allowance for credit losses based on the Company’s assessment of the collectability of customer accounts. The Company maintains an allowance that provides for an adequate reserve to cover estimated losses on receivables as well as contract assets. The Company determines the adequacy of the allowance by estimating the probability of loss based on the Company’s historical credit loss experience and taking into consideration current market conditions and supportable forecasts that affect the collectability of the reported amount. The Company regularly evaluates receivable and contract asset balances considering factors such as the customer’s creditworthiness, historical payment experience and the age of the outstanding balance. Changes to expected credit losses during the period are included in Credit loss expense in the Company’s unaudited condensed consolidated statements of operations and comprehensive income (loss). After concluding that a reserved accounts receivable is no longer collectible, the Company reduces both the gross receivable and the allowance for credit losses. The Falcon’s Creative Group segment has significant revenue concentration associated with a few customers. The Falcon’s Creative Group segment is now comprised of the Company’s retained equity method investment in FCG. FCG revenue continues to depend on one customer, QIC. FCG had one customer with revenues greater than 10% of total revenue, approximately $12.9 million and $43.2 million for the three and nine months ended September 30, 2024, respectively. The Company had two customers with revenue greater than 10% of total revenue for the three months ended September 30, 2024, approximately $1.7 million (83% of total revenue) for one customer and $0.3 million (17% of total revenue) for the second customer. For the three months ended September 30, 2023, the Company had two customers with revenue greater than 10% of total revenue, one customer had revenue of approximately $1.2 million (74% of total revenue) and the second customer had revenue of approximately $0.3 million (18% of total revenue). The Company had one customer with revenues greater than 10% of total revenue, approximately $4.9 million (92% of total revenue) for the nine months ended September 30, 2024, and two customers with revenue greater than 10% of total revenue for the nine months ended September 30, 2023, approximately $11.1 million (69% of total revenue) for one customer and $3.6 million (22% of total revenue) for the second customer. Accounts receivable, net balances with these two customers totaled $0.2 million (99% of total Accounts receivable, net) as of September 30, 2024. Accounts receivable net balances with the two customers totaled $0.6 million (86% of total Accounts receivable, net) as of December 31, 2023. Recently issued accounting standards Recently issued accounting standards not yet adopted as of September 30, 2024 On November 27, 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, “Improvements to Reportable Segment Disclosures.” This ASU requires additional reportable segment disclosures, primarily through enhanced disclosures about significant segment expenses. In addition, the ASU enhances interim disclosure requirements effectively making the current annual requirements a requirement for interim reporting. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating these new disclosure requirements. On December 14, 2023, the FASB issued Accounting Standards Update 2023-09 entitled Improvements to Income Tax Disclosures (ASU 2023-09), which is primarily applicable to public companies and requires a significant expansion of the granularity of the income tax rate reconciliation as well as an expansion of other income tax disclosures. ASU 2023-09 requires a company to disclose specific income tax categories within the rate reconciliation table and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income (or loss) by the applicable statutory income tax rate. There are also additional disclosures related to income taxes paid disaggregated by jurisdictions, and to income taxes paid. The ASU is effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the impact of adoption of ASU 2023-09 on its consolidated financial statements and disclosures. In March 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2024-01, “Scope Application of Profits Interest and Similar Awards”. This ASU demonstrates how an entity should apply the scope guidance in paragraph 718-10-15-3 to determine whether profits interest and similar awards should be accounted for in accordance with Topic 718, Compensation-Stock Compensation. The amendments in this update related to the scope application issue apply to all reporting entities that account for profits interest awards as compensation to employees or non-employees in return for goods or services. For public business entities, this ASU is effective for annual periods beginning after December 15, 2024, and interim periods within those annual periods. For all other entities, the amendments are effective for annual periods beginning after December 15, 2025, and interim periods within those annual periods. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company evaluated the effect of this update on the Company’s financial statements and anticipates no material impact to the consolidated financial statements when adopted in the fiscal year beginning 2025. In March 2024, the FASB issued ASU 2024-02, “Codification Improvements-Amendments to Remove References to the Concepts Statements”. The amendments in this Update affect a variety of Topics in the Codification. The amendments apply to all reporting entities within the scope of the affected accounting guidance. This update contains amendments to the Codification that remove references to various Concepts Statements. In most instances, the references are extraneous and not required to understand or apply the guidance. In other instances, the references were used in prior statements to provide guidance in certain topical areas. This ASU is effective for public business entities for fiscal years beginning after December 15, 2024. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2025. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company evaluated the effect of this update on the Company’s financial statements and anticipates no material impact to the consolidated financial statements when adopted in the fiscal year beginning 2025.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2024
Revenue [Abstract]
Revenue	3. Revenue As of July 27, 2023, FCG was deconsolidated and accounted for as an equity method investment in the Company’s unaudited condensed consolidated financial statements. The unaudited condensed consolidated statements of operations and comprehensive income (loss) therefore does not include activity related to FCG after deconsolidation during the nine months ended September 30, 2024, and includes approximately seven months of activity related to FCG prior to deconsolidation during the nine months ended September 30, 2023. Prior to deconsolidation, FCG’s operations generated a majority of the Company’s consolidated revenue and contract asset and liability balances. See total revenues of Falcon’s Creative Group, LLC under Note 4 – Investments and advances to equity method investments. Disaggregated components of revenue for the Company for the three and nine months ended September 30, 2024, and 2023, respectively, are as follows: For the three months ended For the nine months ended 2024 2023 2024 2023 Services transferred over time: Design and project management services $ 3 $ 1,070 $ 3 $ 10,555 Media production services — 196 — 1,773 Attraction hardware and turnkey sales — 39 — 2,052 Other 2,066 276 5,380 386 Total revenue from services transferred over time $ 2,069 $ 1,581 $ 5,383 $ 14,766 Services transferred at a point in time: Digital media licenses $ — $ — $ — $ 1,331 Total revenue from services transferred at a point in time $ — $ — $ — $ 1.331 Total revenue $ 2,069 $ 1,581 $ 5,383 $ 16,097 In March 2023, the Company licensed the right to use Ride Media Content to Sierra Parima. See Note 7 – Related party transactions for further discussion. After the deconsolidation of FCG, the Company recognizes related party revenue for corporate shared service support provided to FCG. Total related party revenues from services provided to our equity method investments were $2.0 million and $0.4 million for the three months ended September 30, 2024, and 2023, respectively and $5.3 million and $4.6 million for the nine months ended September 30, 2024, and 2023, respectively. Of the total related party revenues from services provided to our equity method investments, the Company recognized $1.7 million and $4.9 million revenue related to services provided to FCG for the three and nine months ended September 30, 2024, respectively. The following table presents the components of Accounts receivable, net: As of September 30, December 31, Related party $ 219 $ 632 Other — 64 Total $ 219 $ 696 Revenue recognized for the nine months ended September 30, 2023, that was included in the contract liability balance as of December 31, 2022, was $1.2 million. This revenue was related to FCG, and therefore there was no revenue recognized for the nine months ended September 30, 2024, that was included in the contract liability balance as of December 31, 2023, after FCG’s deconsolidation. Geographic information The Company has contracts with customers located in the United States and Spain in the fiscal year 2024 and 2023. The Company also had contracts with customers located in the Caribbean, Hong Kong, and Saudi Arabia in the fiscal year 2023. The following table presents revenues based on the geographic location of the Company’s customer contracts: For the three months ended For the nine months ended 2024 2023 2024 2023 Saudi Arabia $ - $ 1,197 $ - $ 11,358 Caribbean - (4 ) - 3,598 USA 1,722 (9 ) 4,937 108 Hong Kong - 116 - 635 Other 347 281 446 398 Total revenue $ 2,069 $ 1,581 $ 5,383 $ 16,097 Destinations Operations The Company had $0.3 million and $0.4 million Destinations Operations revenue during the three and nine months ended September 30, 2024, respectively. Destinations Operations revenue was $0.3 and $0.4 million for the three and nine months ended September 30, 2023, respectively.

Investments and Advances to Equ

Investments and Advances to Equity Method Investments	9 Months Ended
	Sep. 30, 2024
Investments and Advances to Equity Method Investments [Abstract]
Investments and advances to equity method investments	4. Investments and advances to equity method investments The Company accounts for its investments in unconsolidated joint ventures using the equity method of accounting. The Company’s joint ventures are as follows: i) Falcon’s Creative Group As of July 27, 2023, FCG was deconsolidated and accounted for as an equity method investment in the Company’s unaudited condensed consolidated financial statements. As of July 27, 2023, the Company recorded the investment in FCG at fair value, which was determined to be $39.1 million. As described in Note 1, the LLCA contains contractual provisions regarding the distribution of FCG’s income or loss. Pursuant to these provisions, QIC is entitled to a redemption amount of the initial $30.0 million investment plus a 9% annual compounding preferred return. Refer to the footnote to the “Company’s Share of gain or (loss) from equity method” table below for further discussion on how the income and loss are shared between the Company and QIC. ii) PDP PDP is an unconsolidated joint venture with Meliá Hotels International, S.A. (“Meliá Group”) for the development and operation of hotel resorts and theme parks. The Company has 50% voting rights and shares 50% of profits and losses in this joint venture. PDP operates a hotel resort and theme park located in Mallorca, Spain and a hotel located at Tenerife in the Canary Islands. iii) Sierra Parima Sierra Parima is an equity method investment with Meliá Group focused on the development and operation of hotel resorts and theme parks. The Company has 50% voting rights and shares 50% of profits and losses in this joint venture. Sierra Parima had one theme park in Punta Cana in the Dominican Republic, the Katmandu Park DR. The Company has concluded that Sierra Parima is a variable interest entity (“VIE”), that the Company does not have the power to direct the activities that most significantly impact the economic performance of Sierra Parima, as such decisions are taken by the unanimous consent of the representatives of the joint venture partners. The Company, therefore, does not consolidate Sierra Parima and accounts for the investment as an equity method investment. Full Impairment of Investment in Sierra Parima Katmandu Park DR completed construction and opened to visitors in early 2023. Although various operational challenges encountered upon opening were resolved, Katmandu Park DR visitor levels were below management’s expectations. Melia and the Company jointly decided to wind down operations and are evaluating avenues for potential liquidation or sale of the property. On March 7, 2024, Katmandu Park DR was closed to visitors. As of December 31, 2023, the Company’s equity investment in Sierra Parima was deemed to be other-than-temporarily impaired. The Company estimated the fair value of its investment in Sierra Parima utilizing a discounted cash flow analysis and supported by a market multiples approach. The impairment is the result of management’s estimates and assumptions regarding the likelihood of certain outcomes related to various liquidation and sale scenarios and pending legal matters, the timing of which remains uncertain. These estimates were determined primarily using significant unobservable inputs (Level 3). The estimates that the Company makes with respect to its equity method investment are based upon assumptions that management believes are reasonable, and the impact of variations in these estimates or the underlying assumptions could be material. Based on the estimated sale or liquidation proceeds from Sierra Parima, and Sierra Parima’s outstanding debts remaining to be settled, the fair value of the Company’s investment in Sierra Parima was determined to be zero iv) Karnival On November 2, 2021, the Company entered into a joint venture agreement to acquire a 50% interest in Karnival, a joint venture established with Raging Power Limited, a subsidiary of New World Development Company Limited (“Raging Power”). The purpose of the joint venture is to hold ownership interests in entities developing and operating amusement centers located in the People’s Republic of China. The first location is currently under development in Hong Kong. The Company has concluded that Karnival is a VIE, that the Company does not have the power to direct the activities that most significantly impact the economic performance of Karnival, as such decisions are taken by the unanimous consent of the representatives of the joint venture partners. The Company, therefore, does not consolidate Karnival and accounts for the investment as an equity method investment. The Company and its joint venture partners are committed to funding non-interest-bearing advances of $9 million (HKD 69.7 million) each, over a three-year period. As of September 30, 2024, the Company had funded $6.6 million (HKD 51 million). These advances are repayable to the joint venture partners based on a percentage of gross revenues from operations commencing from the first year of operations. The advances provided to Karnival are accounted for as investments and classified within Investments and advances to unconsolidated joint ventures equity method investments. There are no other liquidity arrangements, guarantees or other financial commitments between the Company and Karnival. Therefore, the Company’s maximum risk of financial loss is the investment balance and remaining unfunded capital commitment of $2.4 million (HKD 18.7 million) as of September 30, 2024. Investments and advances to equity method investments as of September 30, 2024, and December 31, 2023, consisted of the following: As of September 30, December 31, FCG $ 30,793 $ 30,930 PDP 26,040 22,870 Karnival 7,082 6,843 $ 63,915 $ 60,643 The Company’s Share of gain or (loss) from equity method investments for the three and nine months ended September 30, 2024, and 2023 comprised of: For the three months ended For the nine months ended 2024 2023 2024 2023 FCG (1) $ (1,658 ) $ (1,598 ) $ (137 ) $ (1,598 ) PDP 1,619 1,527 2,810 1,902 Sierra Parima — (1,616 ) — (4,254 ) Karnival 77 132 239 260 $ 38 $ (1,555 ) $ 2,912 $ (3,690 ) (1) The share of loss from the Company’s equity method investment in FCG is subsequent to FCG’s deconsolidation on July 27, 2023. The Company recognized 100% of net income (loss), less 9% preferred return to QIC and amortization of the basis difference of deconsolidation of FCG. For the three months ended September 30, 2024, the Company recognized $ ( ( The following tables provide summarized balance sheet information for the Company’s equity method investments: As of September 30, 2024 FCG PDP Karnival Current assets $ 28,446 $ 17,414 $ 16,598 Non-current assets 28,993 85,937 2,424 Current liabilities 11,924 19,151 17,956 Non-current liabilities 6,213 32,121 - As of December 31, 2023 FCG PDP Sierra Karnival Current assets $ 12,575 $ 8,283 $ 2,697 $ 16,030 Non-current assets 19,730 87,280 18,714 1,805 Current liabilities 7,375 14,048 62,070 (17,250 ) Non-current liabilities 1,801 35,777 9,973 — The following tables provide summarized related party balances of FCG, Sierra Parima and PDP: As of September 30, 2024 FCG PDP Assets $ 5,297 $ 2,568 Liabilities 51 2,560 As of December 31, 2023 PDP FCG Sierra Parima Assets $ 2,288 $ 7,503 $ 2,230 Liabilities 1,685 3,384 57,438 Assets comprise primarily of accounts receivable and other current assets. Liabilities comprise primarily of accounts payable and accrued expenses and other current liabilities. The following tables provide summarized statements of operations for the Company’s equity method investments: For the three months ended September 30 2024 2023 FCG PDP FCG (1) PDP Sierra Parima Total revenues $ 13,155 $ 17,837 $ 3,270 $ 15,830 $ 792 Income (loss) from operations 89 5,710 (1,045 ) 4,648 (2,808 ) Net income (loss) (111 ) 3,240 (1,044 ) 3,055 (2,825 ) For the nine months ended September 30 2024 2023 FCG PDP FCG (1) PDP Sierra Parima Total revenues $ 43,801 $ 36,588 $ 3,270 $ 32,600 $ 2,017 Income (loss) from operations 3,933 8,635 (1,045 ) 5,986 (8,031 ) Net income (loss) 4,173 5,508 (1,044 ) 3,805 (8,098 ) (1) The summarized results of FCG disclosed above are subsequent to FCG’s deconsolidation on July 27, 2023. The results of operations for Karnival for the three and nine months ended September 30, 2024, and 2023 were not material for the periods presented and, as such, not included in the tables above. As of December 31, 2023, the equity investment in Sierra Parima was deemed to be other-than-temporarily impaired, and therefore, not included in the table above. The following table provides FCG, PDP and Sierra Parima’s summarized related party activity for the three months ended September 30, 2024, and 2023: For the three months ended September 30 2024 2023 FCG PDP FCG PDP Sierra Parima Total revenues $ 13,001 $ 52 $ 2,675 $ 247 $ 461 Total expenses 3,237 2,082 1,602 1,656 877 The following table provides FCG, PDP and Sierra Parima’s summarized related party activity for the nine months ended September 30, 2024, and 2023: For the nine months ended September 30 2024 2023 FCG PDP FCG PDP Sierra Parima Total revenues $ 43,300 $ 85 $ 2,675 $ 260 $ 1,551 Total expenses $ 5,068 4,107 1,602 3,438 4,733 (1) The summarized results of FCG disclosed above are subsequent to FCG’s deconsolidation on July 27, 2023.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Accrued expenses and other current liabilities	5. Accrued expenses and other current liabilities The Company’s Accrued expenses and other current liabilities consisted of: As of September 30, December 31, Audit and professional fees $ 18,187 $ 17,605 Excise tax payable on FAST II stock redemptions 2,211 2,211 Accrued payroll and related expenses 1,174 592 Accrued interest 400 9 Demand note payable 50 — Short-term advance from affiliate 2,287 — Other 23 423 $ 24,332 $ 20,840 Accrued expenses and other current liabilities with related parties were $2.4 million as of September 30, 2024, and $0.3 million as of December 31, 2023.

Long-Term Debt and Borrowing Ar

Long-Term Debt and Borrowing Arrangements	9 Months Ended
	Sep. 30, 2024
Long-Term Debt and Borrowing Arrangements [Abstract]
Long-term debt and borrowing arrangements	6. Long-term debt and borrowing arrangements The Company’s indebtedness as of September 30, 2024, and December 31, 2023, consisted of the following: As of Interest Rate As of December 31, Interest Rate $15 million revolving credit arrangement – related party (due September 30, 2034) $ 8,057 2.75 % $ 6,828 2.75 % €1.5 million term loan (due April 2026) 678 1.70 % 980 1.70 % $12.785 million term loan – related party (due December 2026) (1) — — 9,697 2.75 % €7 million term loan (due April 2027) 3,898 5.67 % 4,861 6.00 % $7.25 million term loan – related party (due December 2027) (1) — — 7,250 3.75 % $1.25 million term loan – (due March 31, 2025) 1,250 8.88 % — — $14.765 Term Loan – related party (due September 30, 2034) (1) 14,765 8.00 % — — $7.22 million term loan – related party (due March 31, 2025) 7,221 8.88 % — — 35,869 29,616 Less: Current portion of long-term debt and short-term debt 10,339 6,651 $ 25,530 $ 22,965 (1) Term loan modified on September 30, 2024. The outstanding principal and interest were refinanced into a new $14.765 million term loan. As of September 30, 2024, the remaining commitment available under the Company’s related party revolving credit arrangements was the following: Available $15 million revolving credit arrangement (due September 30, 2034) $ 6,943 $15 million revolving credit arrangement Effective as of September 30, 2024, the Company amended and restated the revolving credit arrangement with Infinite Acquisitions. to increase the maximum capacity from $10.0 million to $15.0 million. In addition, the maturity date was extended to September 30, 2034 and the interest rate increased to the three-month Secured Overnight Financing Rate on the first day of the applicable quarter plus 2.75%. €1.5 million term loan In April 2020, the Company entered into a six-year €1.5 million Institute of Official Credit (ICO) term loan with a Spanish bank, with a fixed interest rate of 1.70%. The loan was interest only for the first twelve months, thereafter principal and interest is payable monthly in arrears. $12.785 million term loan In December 2021, the Company entered into a five-year $12.785 million term loan with Collections, renamed Infinite Acquisitions. The loan bears interest at 2.75% per annum. The loan was interest only for the first twelve months, thereafter principal and interest is payable quarterly in arrears. The outstanding principal and interest as of September 30, 2024, were refinanced into a new $14.765 million term loan. See below $14.765 million term loan disclosure. €7 million term loan In March 2019, the Company entered into an eight-year €7 million term loan with a Spanish bank, with interest at six-month Euribor plus 2.00%. The loan was interest only for the first eighteen months, thereafter principal and interest was payable monthly in arrears. The loan is collateralized by the Company’s investment in PDP. $7.25 million term loan In December 2022, the Company entered into a five-year $7.25 million term loan with Infinite Acquisitions. The loan bears interest at 3.75% per annum. The loan was interest only for the first twelve months, thereafter principal and interest is payable quarterly in arrears. The outstanding principal and interest as of September 30, 2024, were refinanced into a new $14.765 million term loan. See below $14.765 million term loan disclosure. $1.25 million term loan In March 2024, Falcon’s Opco entered into a one-year $1.25 million term loan with Universal Kat Holdings, LLC (“Universal Kat”). The loan bears interest at 8.875% per annum, which is payable quarterly in arrears. On June 14, 2024, Falcon’s Opco entered into a loan amendment with Universal Kat to defer the first interest and principal payment from June 30, 2024 to the earlier of 1) September 30, 2024; 2) within five business days after the date upon which Falcon’s Opco receives a distribution of funds from PDP as result of an asset sale transaction; or 3) within five business days after the date upon which Falcon’s Opco receives cash proceeds as the result of a debt or equity fundraising transaction with a third-party resulting in net proceeds of $20 million or more. Following the amendment above, Universal Kat assigned the entire loan to FAST Sponsor II, LLC (“FAST II Sponsor”), in exchange for the sale by FAST II Sponsor to Universal Kat of Class A shares of Falcon’s Opco held by FAST II Sponsor. Falcon’s Opco provided written consent on the assignment. This transfer was between FAST II Sponsor and Universal Kat, and therefore there was no impact to the Company’s financial statements as a result of this transfer. There were no additional changes to the loan agreement terms due to this reassignment. The repayment schedule of this loan was modified again on October 18, 2024. See Note 17 – Subsequent Events. $7.221 million term loan In March 2024, Falcon’s Opco entered into a one-year $7.221 million term loan with Katmandu Ventures, LLC (“Katmandu Ventures”). The loan bears interest at 8.875% per annum, which is payable quarterly in arrears. On June 14, 2024, Falcon’s Opco entered into a loan amendment with Katmandu Ventures to defer the first interest and principal payment from June 30, 2024 to the earlier of 1) September 30, 2024; 2) within five business days after the date upon which Falcon’s Opco receives a distribution of funds from PDP as result of an asset sale transaction; or 3) within five business days after the date upon which Falcon’s Opco receives cash proceeds as the result of a debt or equity fundraising transaction with a third-party resulting in net proceeds of $20 million or more. Following the amendment above, Katmandu Ventures assigned $6.3 million of the loan to FAST II Sponsor, in exchange for the sale by FAST II Sponsor to Katmandu Ventures of Class A shares of Falcon’s Opco held by FAST II Sponsor. Falcon’s Opco provided written consent on the assignment. The remaining $0.9 million of the loan is still outstanding with Katmandu Ventures and will be paid according to the amended payment terms. There were no additional changes to the loan agreement terms due to this reassignment. The repayment schedule of this loan was modified again on October 18, 2024. See Note 17 – Subsequent Events. $14.765 million term loan Effective as of September 30, 2024, the Company entered into a ten-year $14.765 million term loan with Infinite Acquisitions following the modification for the $12.785 million term loan, previously due December 2026, and the $7.25 million term loan, previously due December 2027. The new loan bears interest at 8.00% per annum. Payments are interest only for the first five years, thereafter, principal and interest is payable quarterly in arrears.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related party transactions	7. Related party transactions Related party notes In January 2023, the Company loaned $2.5 million to Infinite Acquisitions for 20 days. The Company received interest income at 2.75% during this 20-day period. Interest income from this short-term related party advance was $0 million and $0.1 million for the three and nine months ended September 30, 2023, respectively. Accounts Receivable The Company has a receivable from PDP for $0.2 million as of September 30, 2024. Accounts Payable The Company has a payable to PDP for $1.4 million related to marketing services as of September 30, 2024. Accrued expenses and other current liabilities The Company has a short-term advance from FCG for $2.3 million as of September 30, 2024. Related party debt The Company has various long-term debt instruments with Infinite Acquisitions. These loans had no accrued interest as of September 30, 2024, and December 31, 2023, respectively. Loans with Katmandu Ventures, LLC had accrued interest of $0.1 million and $0.0 million as of September 30, 2024, and December 31, 2023, respectively. Accrued interest is included within Accrued expenses and other current liabilities on the unaudited condensed consolidated balance sheets. Services provided to equity method investments FCG has been contracted for various design, master planning, attraction design, hardware sales and commercial services for themed entertainment offerings by the Company’s equity method investments. As of July 27, 2023, FCG has been deconsolidated and is also now accounted for as an equity method investment. Destinations Operations recognizes management and incentive fees from the Company’s equity method investments. See Note 3 – Revenue. Intercompany Services Agreement between FCG and the Company In conjunction with the closing of the Subscription Agreement described in Note 1 – Description of business and basis of presentation, the Intercompany Services Agreement was established between FCG and the Company. There were no accounts receivable balances outstanding as of September 30, 2024 and December 31, 2023 related to the Intercompany Services Agreement. The Company recognized $1.7 million and $4.9 million revenues related to services provided to FCG for the three and nine months ended September 30, 2024. See Note 3 – Revenue. FCG also provides marketing, R&D, and other services to FBG. The Company owes FCG less than $0.1 million related to these services as of September 30, 2024, and December 31, 2023. The Company has also incurred reimbursable costs on behalf of FCG subsequent to July 27, 2023. The Company had zero and $0.6 million in accounts receivable from FCG related to reimbursable costs as of September 30, 2024 and as of December 31, 2023, respectively. Digital media license revenue and related receivable with equity method investment During March 2023, the Company licensed the right to use digital ride media content to Sierra Parima. The Company recognized digital media license revenue of $0 million and $1.5 million for the three and nine months ended September 30, 2023. On March 7, 2024, Sierra Parima’s Katmandu Park DR was closed to visitors. Development plans for future parks, where this digital media license would have been deployed, have been deferred indefinitely, and the Company does not expect any future revenue from this digital media license in the near term. Subscription agreement with Infinite Acquisitions On October 4, 2023, in connection with the Business Combination, Infinite Acquisitions irrevocably committed to invest approximately $12.8 million in the Company. As of September 30, 2024, Infinite Acquisitions has not met its commitment. $7.221 million Term Loan In March 2024, Falcon’s Opco entered into a one-year $7.221 million term loan with Katmandu Ventures, LLC, a greater than 10% shareholder of the Company. The loan bears interest at 8.875% per annum, which is payable quarterly in arrears. As discussed in Note 6, Falcon’s Opco entered into a loan amendment with Katmandu Ventures to defer the first interest and principal payment to be no later than September 30, 2024. Following the amendment, Katmandu Ventures assigned $6.3 million of the loan to FAST II Sponsor. The remaining $0.9 million of the loan is still outstanding with Katmandu Ventures. The repayment schedule of this loan was modified again on October 18, 2024. See Note 17 – Subsequent Events.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Taxes [Abstract]
Income taxes	8. Income taxes The tax provisions for the three and nine months ended September 30, 2024, and 2023 were computed using the estimated effective tax rates applicable to the taxable jurisdictions for the full year. The Company’s tax rate is subject to management’s quarterly review and revision, as necessary. The Company’s effective tax rate was 0% for the three and nine months ended September 30, 2024, respectively. The Company paid less than $0.1 million in income taxes for the three and nine months ended September 30, 2024, respectively. There were no income taxes paid by the Company for the three and nine months ended September 30, 2023. The Company records a provision or benefit for income taxes on pre-tax income or loss based on its estimated effective tax rate for the year. Given the Company’s uncertainty regarding future taxable income, the Company maintains a full valuation allowance on its deferred tax assets. The Company did not record any income tax benefit for the three months ended September 30, 2024, and it recorded an income tax benefit of less than $0.1 million for the nine months ended September 30, 2024, and for the three and nine months ended September 30, 2023. During the three and nine months ended September 30, 2023, the Company had a valuation allowance only against its deferred tax assets in Spain.

Tax Receivable Agreement

Tax Receivable Agreement	9 Months Ended
	Sep. 30, 2024
Tax Receivable Agreement [Abstract]
Tax Receivable Agreement	9. Tax Receivable Agreement On October 6, 2023, the partners of Falcon’s Opco at the time of the Acquisition Merger (“Exchange TRA Holders”), along with the Company (collectively the “TRA Holders”), entered into a Tax Receivable Agreement (“TRA Agreement”) with Falcon’s Opco that provides for the payment by Falcon’s Opco to the TRA Holders of 85% of the amount of tax benefits, if any, that it realizes, or in some circumstances, is deemed to realize, as a result of (i) future redemptions funded by Falcon’s Opco or exchanges, or deemed exchanges in certain circumstances, of common units of Falcon’s Opco for the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”) or cash, and (ii) certain additional tax benefits attributable to payments made under the Tax Receivable Agreement (the “TRA Payment”).  This agreement was amended on October 24, 2024. See Note 17 – Subsequent Events. During the nine months ended September 30, 2024, the Company did not recognize an increase to its net deferred tax assets due to the full valuation allowance.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies [Abstract]
Commitments and contingencies	10. Commitments and contingencies Litigation Indemnification Commitments As of September 30, 2024, the Company has unfunded commitments to its unconsolidated joint venture Karnival of $2.4 million (HKD 18.7 million).

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2024
Segment Information [Abstract]
Segment information	11. Segment information The Company has five operating segments, Falcon’s Creative Group, PDP, Sierra Parima, Destinations Operations and Falcon’s Beyond Brands, all of which are reportable segments. The Company’s Chief Operating Decision Makers are its Executive Chairman and Chief Executive Officer, who review financial information for purposes of making operating decisions, assessing financial performance, and allocating resources. Operating segments are organized based on product lines and, for our location-based entertainment, by geography. Results of operating segments include costs directly attributable to the segment including project costs, payroll and payroll-related expenses and overhead directly related to the business segment operations. Unallocated corporate expenses which include payroll and related benefits for executive, accounting, finance, marketing, human resources, legal and information technology support services, audit, tax corporate legal expenses are presented as Unallocated corporate overhead as a reconciling item between total income (losses) from reportable segments and the Company’s unaudited condensed consolidated financial statement results. Falcon’s Creative Group provides master planning, media, interactive and audio production, project management, experiential technology and attraction hardware development services and attraction hardware sales on a work-for-hire model. Pursuant to the Subscription Agreement, Falcon’s Creative Group is now deconsolidated effective July 27, 2023, and accounted for as an equity method investment in the Company’s unaudited condensed consolidated financial statements. The operating segment still remains a reportable segment for the Company. The Company’s equity method investments, PDP and Sierra Parima (before Katmandu Park DR was closed to visitors on March 7, 2024), develop, own and operate hotels, theme parks and retail, dining and entertainment venues. Destinations Operations provides development and management services for themed entertainment to PDP, Sierra Parima and new development opportunities, including our investment in Karnival. The Company collectively refers to the Destination Operations, PDP and Sierra Parima as Falcon’s Beyond Destinations. Reportable segments’ measure of profit and loss is earnings before interest, taxes, foreign exchange gain (loss), gain on deconsolidation of FCG, impairments, depreciation and amortization and change in fair values in warrant and earnout liabilities. See Note 7 – Related party transactions for transactions between the Company’s wholly-owned businesses and equity method investments. Three months ended September 30, 2024 Falcon’s Falcon’s Beyond Destinations Falcon’s Unallocated Creative Destination PDP Beyond Intersegment eliminations corporate Total Revenue $ $ 347 $ - $ 1 $ - $ 1,721 $ 2,069 Share of gain or (loss) from equity method investments (1,658 ) 77 1,619 38 Segment income (loss) from operations (1,658 ) (91 ) 1,619 (706 ) (1,586 ) (2,422 ) Depreciation and amortization expense (1 ) Interest expense (421 ) Interest income 4 Change in fair value of warrant liabilities 676 Change in fair value of earnout liabilities 40,649 Foreign exchange transaction gain 816 Income tax benefit - Net income $ 39,301 Three months ended September 30, 2023 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Group Destination Operations PDP Sierra Parima Beyond Brands Intersegment eliminations corporate overhead Total Revenue $ 1,267 (1) $ 274 $ — $ — $ 1 $ 39 $ — $ 1,581 Share of gain or (loss) from equity method investments (1,044) (2) 84 1,527 (1,413 ) — (709 ) — (1,555 ) Segment income (loss) (4,868 ) (526 ) 1,527 (1,413 ) (2,356 ) (671 ) (11,216 ) (19,523 ) Depreciation and amortization expense (59 ) Gain on deconsolidation FCG 27,402 Impairment of intangible assets (2,377 ) Interest expense (321 ) Interest income 47 Foreign exchange transaction loss (866 ) Income tax benefit 7 Net income $ 4,310 (1) Revenue for the period ended July 27, 2023 (prior to FCG’s deconsolidation). (2) The Company’s share of its equity method investment in FCG subsequent to deconsolidation on July 27, 2023. Nine months ended September 30, 2024 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Destination PDP Beyond Intersegment corporate Total Revenue $ $ 445 $ $ 1 $ $ 4,937 $ 5,383 Share of gain or (loss) from equity method investments (137 ) 239 2,810 2,912 Segment income (loss) from operations (137 ) (846 ) 2,810 (2,162 ) (8,045 ) (8,380 ) Depreciation and amortization expense (4 ) Share of equity method investee’s impairment of fixed assets Interest expense (1,128 ) Interest income 10 Change in fair value of warrant liabilities (1,715 ) Change in fair value of earnout liabilities 172,271 Foreign exchange transaction gain 298 Income tax benefit 1 Net income $ 161,353 Nine months ended September 30, 2023 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Group Destination Operations PDP Sierra Parima Beyond Brands Intersegment corporate Total Revenue $ 14,514 (1) $ 380 $ — $ — $ 1,482 $ (279 ) $ — $ 16,097 Share of gain or (loss) from equity method investments (1,044) (2) 212 1,902 (4,049 ) (711 ) (3,690 ) Segment income (loss) (5,596 ) (1,324 ) 1,902 (4,049 ) (3,450 ) (913 ) (23,197 ) (36,627 ) Depreciation and amortization expense (1,575 ) Gain on deconsolidation FCG 27,402 Impairment of intangible assets (2,377 ) Interest expense (887 ) Other income 92 Foreign exchange transaction loss (396 ) Income tax benefit 26 Net loss $ (14,342 ) (1) Revenue for the period ended July 27, 2023 (prior to FCG’s deconsolidation). (2) The Company’s share of its equity method investment in FCG subsequent to deconsolidation on July 27, 2023.

Earnouts

Earnouts	9 Months Ended
	Sep. 30, 2024
Earnouts [Abstract]
Earnouts	12. Earnouts At the closing of the Business Combination, the Company issued 1,937,500 Earnout Shares in the form of Class A Common Stock and 75,562,500 Earnout Shares in the form of Class B Common Stock. The Earnout Shares were placed into an escrow account for the benefit of certain holders pursuant to the Merger Agreement. Earnout Shares were deposited into escrow at Closing to be earned, released, and delivered upon satisfaction of certain milestones related to the earnings before interest, taxes, depreciation and amortization (“EBITDA”) and the gross revenue of the Company during periods between July 1, 2023 and December 31, 2024, and the volume weighted average closing sale price of the Company’s shares of Class A Common Stock during the five-year period beginning on the one-year anniversary of the Acquisition Merger and ending on the six-year anniversary of the Acquisition Merger. During the three and nine months ended September 30, 2024, 187,500 Class A shares were earned and released. During the three and nine months ended September 30, 2024, 7,312,500 Class B shares were earned and released. 312,500 Earnout Shares in the form of Class A Common Stock were forfeited and 12,187,500 Earnout Shares in the form of Class B Common Stock were forfeited. Prior to September 30, 2024, the Earnout Shares were classified as a liability and measured at fair value, with changes in fair value included in the unaudited condensed consolidated statements of operations and comprehensive income (loss). On September 30, 2024, earnout participants agreed to forfeit all remaining earnout shares held in escrow, which were to be released and earned based on meeting EBITDA and revenue targets. An aggregate of 437,500 shares of Class A common stock and 17,062,500 shares of Class B common stock and an equal number of Falcon’s Opco units were forfeited in connection with the earnout shares forfeiture. The forfeiture is treated as a modification of the original earnout agreement. The remaining earnout shares which are to be released and earned based on the Company’s stock price meet the requirements for equity classification after the modification. The Company adjusted the fair value of the earnout shares a final time on September 30, 2024, immediately prior to the modification. The total adjusted liability balance, including the amount associated with the forfeited earnout shares, was reclassified into equity as of September 30, 2024. Prior to reclassification into equity, the fair value of the earnout liability was $250.1 million and $488.6 million as of September 30, 2024, and December 31, 2023, respectively. For the three and nine months ended September 30, 2024, the Company recognized $(40.6) million and $(172.3) million of gain related to the change in fair value of earnout liabilities included in the unaudited condensed consolidated statement of operations and comprehensive income (loss). After the reclassification to equity, the earnout shares will not require subsequent fair value measurement. See Note 16 – Fair value measurement for the activity related to the earnout liability during the nine months ended September 30, 2024.

Stock Warrants

Stock Warrants	9 Months Ended
	Sep. 30, 2024
Stock Warrants [Abstract]
Stock warrants	13. Stock warrants As of September 30, 2024, there are 5,198,420 warrants outstanding. The warrants outstanding are exercisable, at an exercise price of $11.50 per share, for 1.034999 shares of Class A common stock. 7,349 warrants were exercised for 7,605 shares of Class A Common Stock during the nine months ended September 30, 2024. The warrants do not meet the criteria for equity treatment under ASC 815. As such, the warrants are classified as liabilities and are adjusted to fair value at the end of each reporting period. The Company remeasures the fair value of the warrants based on their quoted market price. The Company recognized a gain of $0.7 million for the three months ended September 30, 2024 and a loss of $1.7 million for the nine months ended September 30,2024 related to the change in fair value of warrant liabilities, which is recognized in Change in fair value of warrant liabilities in the unaudited condensed consolidated statements of operations and comprehensive income (loss). The following table summarizes the Company’s outstanding common stock warrants as of September 30, 2024: Year of Issue Number of Exercise Expiration Date Classification 2023 5,380,360 11.5 10/5/2028 Liability

Share-Based Compensation

Share-Based Compensation	9 Months Ended
	Sep. 30, 2024
Share-Based Compensation [Abstract]
Share-Based Compensation	14. Share-Based Compensation The Company adopted a share-based compensation plan (the “Plan”) under which 959,179 RSUs are outstanding. Each vested Restricted Stock Unit represents the right to receive one Class A Common Share. Under the Plan, RSUs with service-based conditions may be granted to directors, officers, employees, and non-employees. RSUs were granted to employees of both the Company and FCG. However, FCG fully reimburses FBG for the compensation cost associated with these grants. As such, expenses related to the RSUs granted to employees of FCG do not represent a purchase of services or contribution to FCG. The RSUs do not provide the grantee with an option to choose settlement in cash or stock. The holder of the RSU shall not be, nor have any of the rights or privileges of, a shareholder of the Company, including, without limitation, voting rights and rights to dividends, in respect to the RSUs and any shares underlying the RSUs and deliverable under the Plan unless and until such shares shall have been issued by the Company and held of record by such holder. A summary of the Plan’s RSUs award activity is as follows: Restricted Nonvested at January 1, 2024 939,330 Granted 50,874 Forfeited 31,025 Vested — Nonvested at September 30, 2024 959,179 Vested at September 30, 2024 — The RSUs under the Plan will vest over a five Vesting Date for RSUs granted on December 21, 2023 RSU Vested December 21, 2024 15.0 % December 21, 2025 17.5 % December 21, 2026 20.0 % December 21, 2027 22.5 % December 21, 2028 25.0 % Vesting Date for RSUs granted on May 21, 2024 RSU Vested May 21, 2025 15.0 % May 21, 2026 17.5 % May 21, 2027 20.0 % May 21, 2028 22.5 % May 21, 2029 25.0 % Vesting Date for RSUs granted on June 25, 2024 RSU Vested June 25, 2025 15.0 % June 25, 2026 17.5 % June 25, 2027 20.0 % June 25, 2028 22.5 % June 25, 2029 25.0 % The Company elected the straight-line attribution method to account for the compensation cost over the five-year requisite service period for the entire award, as long as the participant continues to provide service to the Company. Forfeitures are accounted for at the time the forfeiture occurs. The Company recognized stock-based compensation expense of $0.4 million and $1.1 million for the three and nine months ended September 30, 2024, which is included within selling, general and administrative expenses in the unaudited condensed consolidated statements of operations and comprehensive income (loss). The $0.6 million and $0.2 million compensation cost for RSU’s granted to FCG employees for the three and nine months ended September 30, 2024, are recognized as a receivable from FCG and do not impact the Company’s unaudited condensed consolidated statements of operations and comprehensive income (loss).

Equity and Net Loss Per Share

Equity and Net Loss Per Share	9 Months Ended
	Sep. 30, 2024
Equity and Net Loss Per Share [Abstract]
Equity and net loss per share	15. Equity and net loss per share Authorized Capitalization The total amount of the Company’s authorized capital stock consists of (a) 650,000,000 shares of Common Stock, par value $0.0001 per share consisting of (i) 500,000,000 shares of Class A Common Stock, and (ii) 150,000,000 shares of Class B Common Stock, and (b) 30,000,000 shares of preferred stock, par value $0.0001 per share. Common Stock The rights of the holders of Class A Common Stock and Class B Common Stock have various terms, as follows: Each holder of common stock is entitled to one vote for each share of common stock held of record by such holder on all matters on which stockholders generally are entitled to vote. Shares of Class B Common Stock carry the same voting rights as shares of Class A Common Stock but have no economic terms. Class B Common Stock is exchangeable, along with common units of Falcon’s Opco, into Class A Common Stock. Preferred Stock There are no outstanding shares of preferred stock as of September 30, 2024, or December 31, 2023. The weighted average shares of common stock outstanding for the three and nine months ended September 30, 2024, used to determine the Company’s Net income per share reflects the following: For For (amounts in thousands, except number of shares and amount per share) September 30, September 30, Numerator: Net income 39,301 161,353 Net income attributable to noncontrolling interests 33,432 137,081 Net income available to Class A common stockholders 5,869 24,272 Adjustment for dilutive RSUs - 1 Adjustment for dilutive earnout units at Falcon’s Beyond Global, LLC (1,110 ) (6,162 ) Dilutive net income attributable to Class A common stockholders 4,759 18,111 Denominator: Weighted average Class A common stock outstanding – basic 10,066,629 9,700,372 Adjustment for dilutive RSUs 991 330 Adjustment for dilutive Class A earnout shares 185,462 206,051 Weighted average Class A common stock outstanding – diluted 10,253,082 9,906,753 Net income per Class A common share – basic: 0.58 2.50 Net income per Class A common share – diluted: 0.46 1.83 The Company applies the treasury stock method to the Warrants and restricted stock units (“RSUs”), the contingently issuable shares method to the Earnout shares, and the if-converted method for the Exchangeable noncontrolling interests, if dilutive. The following securities were not included in the computation because the effect would be anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period: For the For the September 30, September 30, Class A earnout shares 1,000,000 1,000,000 Class B earnout shares 39,000,000 39,000,000 Warrants to purchase common stock 5,198,420 5,198,420 RSUs 915,568 915,568 On September 30, 2024, the Company’s board of directors declared a stock dividend of 0.2 shares of Class A common stock per share of Class A common stock outstanding, payable on December 17, 2024, to stockholders of record as of December 10, 2024 (the “Stock Dividend”). Additionally, as a result of the Stock Dividend, holders of the Company’s Class B common stock will receive a stock dividend of 0.2 shares of Class B common stock per share of Class B common stock outstanding, and the Falcon’s Beyond Global, LLC common units that are issued and outstanding will be adjusted to reflect the same economic equivalent of the Stock Dividend. Outstanding warrants, restricted stock units and other equity awards will be similarly adjusted in accordance with their terms. Pro forma earnings per share amounts are disclosed below to show the effect of the Stock Dividend. Pro Forma Earnings Per Share post Stock Dividend basis For the three months ended For the nine months ended Net income per share – Pro forma post Stock Dividend September 30, September 30, September 30, September 30, Net income per share, basic 0.49 n/a 2.09 n/a Net income per share, diluted 0.39 n/a 1.52 n/a Weighted average shares outstanding, basic 12,079,955 n/a 11,640,446 n/a Weighted average shares outstanding, diluted 12,303,698 n/a 11,888,104 n/a

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2024
Fair Value Measurement [Abstract]
Fair value measurement	16. Fair value measurement The following table provides information related to the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2024, and December 31, 2023: September 30, 2024 Level 1 Level 2 Level 3 Total Liabilities: Warrant liabilities $ 5,614 $ — $ — $ 5,614 Earnout liabilities — — $ 5,614 $ — $ — $ 5,614 December 31, 2023 Level 1 Level 2 Level 3 Total Liabilities: Warrant liabilities $ 3,904 $ — $ — $ 3,904 Earnout liabilities — — 488,641 488,641 $ 3,904 $ — $ 488,641 $ 492,545 The warrant liability fair value is based on quoted market prices in active markets, and therefore is classified within Level 1 of the fair value hierarchy. The earnouts based on revenue and EBITDA as well as the earnouts based on the Company’s stock price have been classified within Level 3 of the hierarchy as the fair value is derived using a Monte Carlo simulation analysis in a risk neutral framework, which uses a combination of observable (Level 2) and unobservable (Level 3) inputs. Key estimates and assumptions impacting the fair value measurement include the Company’s revenue and EBITDA forecasts as well as the assumptions listed in the tables below. The Company estimated the fair value per share of the underlying common stock based, in part, on the results of third-party valuations and additional factors deemed relevant. The risk-free interest rate was determined by reference to the U.S. Treasury yield curve for time periods approximately equal to the remaining contractual term of the earnouts. The Company has not paid cash dividends and does not intend to do so in the foreseeable future The payment of any dividends is within the discretion of the Company’s board of directors and will be dependent upon the Company’s revenue and earnings, if any, capital requirements, and general financial condition. Further, the Company’s ability to declare dividends may be limited by the terms of financing or other agreements entered into by us or our subsidiaries from time to time, including certain consent rights in connection with the Strategic Investment. Prior to the Business Combination, the Company was a private company and lacked company-specific historical and implied volatility information of its stock, and as such, the expected stock volatility was based on the historical volatility of publicly traded peer companies for a term equal to the remaining expected term of the warrants. On September 30, 2024, following the earnout forfeiture, the Company adjusted the fair value of all earnout shares a final time, immediately before the modification and ignoring the effect of the modification. The total adjusted liability balance, including the amount associated with the forfeited earnout shares, was reclassified into equity as of September 30, 2024. After reclassification into equity, the earnout shares will not require subsequent fair value measurement. See Note 12 - Earnouts. The following table presents the unobservable inputs of the earnout liability for earnout shares based on revenue and EBITDA targets: September 30, December 31, Current stock price 9.91 12.30 Earnout period – beginning 7/1/2023 7/1/2023 Earnout period – end 12/31/2024 12/31/2024 Equity volatility, EBITDA volatility 30.00 % 25.0 % Operational leverage ratio 65.00 % 65.00 % Revenue volatility 10.00 % 10.00 % Revenue/stock price correlation 40.00 % 45.00 % EBITDA/stock price correlation 30.00 % 25.00 % Revenue discount rate 14.27 % 9.21 % Dividend yield 0.00 % 0.00 % The following table presents the unobservable inputs of the earnout liability for earnout shares based on the Company’s stock price: September 30, December 31, Term (years) 5.0 5.8 Volatility 40.00 % 40.00 % Risk-free rate 3.55 % 3.80 % Dividend yield 0.00 % 0.00 % Current stock price 9.91 12.30 The following table summarizes the activity for the Company’s Level 3 instruments measured at fair value on a recurring basis (in thousands): Earnout Balance as of December 31, 2023 $ 488,641 Issuances — Change in fair value (118,615 ) Balance as of March 31, 2024 $ 370,026 Release of earnout shares (66,255 ) Change in fair value (13,006 ) Balance as of June 30, 2024 $ 290,765 Change in fair value (40,649 ) Forfeiture of earnout shares 69,280 Reclassification of stock price based earnout shares 180,836 Balance as of September 30, 2024 $ — There were no transfers between Level 1 and Level 2, nor into and out of Level 3, during the periods presented. As of September 30, 2024, all earnouts were adjusted to fair value and reclassified into equity.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent events	17. Subsequent events Subsequent to September 30, 2024, Infinite Acquisitions has loaned an additional $0.5 million to the Company pursuant to the revolving credit arrangement. On October 18, 2024, the Company entered into a second loan amendment with Universal Kat and FAST II Sponsor in regard to the $1.25 million term loan to defer the first, second, and 50% of the third interest and principal payments to the earlier of 1) November 15, 2024; 2) within five business days after the date upon which the Company receives a distribution of funds from PDP as a result of an asset transaction; or 3) within five business days after the date upon which the Company receives cash proceeds as the result of an debt or equity fundraising transaction with one or more third parties resulting in net proceeds to the Company of $10 million or more. The remaining 50% of third interest and principal payment will occur at the earliest of 1) December 31, 2024; 2) within five business days after the date upon which the Company received a distribution of funds from PDP as result of asset transaction; or 3) within five business days after the date upon which the Company receives cash proceeds as the result of a debt or equity fundraising transaction with a third party resulting in net proceeds to the Company of $10 million or more. The Company also entered into a second loan amendment with Katmandu Ventures in regard to the $7.221 million term loan to defer the payment of $0.9 million plus accrued interest to the earliest of 1) March 31, 2025; or 2) within five business days after the date upon which the Company receives a distribution of funds from PDP as a result of an asset transaction and within five business days after the date upon which the Company receives cash proceeds as the result of an debt or equity fundraising transaction with a third party resulting in net proceeds to the Borrower of $10 million or more. On October 24, 2024, the Company and Exchange TRA Holders entered into an Amendment to the Tax Receivable Agreement to clarify the rights of a TRA Holder that transfers units but does not assign the transferee its rights under the TRA Agreement with respect to such transferred units.

Insider Trading Arrangements

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

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Concentration of credit risk	Concentration of credit risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of Cash and cash equivalents and Accounts receivable. The Company places its Cash and cash equivalents with financial institutions of high credit quality. At times, such amounts exceed federally insured limits. Management believes that no significant concentration of credit risk exists with respect to these cash balances because of its assessment of the creditworthiness and financial viability of the respective financial institutions. The Company provides credit to its customers located both inside and outside the United States in its normal course of business. Receivables are presented net of an allowance for credit losses based on the Company’s assessment of the collectability of customer accounts. The Company maintains an allowance that provides for an adequate reserve to cover estimated losses on receivables as well as contract assets. The Company determines the adequacy of the allowance by estimating the probability of loss based on the Company’s historical credit loss experience and taking into consideration current market conditions and supportable forecasts that affect the collectability of the reported amount. The Company regularly evaluates receivable and contract asset balances considering factors such as the customer’s creditworthiness, historical payment experience and the age of the outstanding balance. Changes to expected credit losses during the period are included in Credit loss expense in the Company’s unaudited condensed consolidated statements of operations and comprehensive income (loss). After concluding that a reserved accounts receivable is no longer collectible, the Company reduces both the gross receivable and the allowance for credit losses. The Falcon’s Creative Group segment has significant revenue concentration associated with a few customers. The Falcon’s Creative Group segment is now comprised of the Company’s retained equity method investment in FCG. FCG revenue continues to depend on one customer, QIC. FCG had one customer with revenues greater than 10% of total revenue, approximately $12.9 million and $43.2 million for the three and nine months ended September 30, 2024, respectively. The Company had two customers with revenue greater than 10% of total revenue for the three months ended September 30, 2024, approximately $1.7 million (83% of total revenue) for one customer and $0.3 million (17% of total revenue) for the second customer. For the three months ended September 30, 2023, the Company had two customers with revenue greater than 10% of total revenue, one customer had revenue of approximately $1.2 million (74% of total revenue) and the second customer had revenue of approximately $0.3 million (18% of total revenue). The Company had one customer with revenues greater than 10% of total revenue, approximately $4.9 million (92% of total revenue) for the nine months ended September 30, 2024, and two customers with revenue greater than 10% of total revenue for the nine months ended September 30, 2023, approximately $11.1 million (69% of total revenue) for one customer and $3.6 million (22% of total revenue) for the second customer. Accounts receivable, net balances with these two customers totaled $0.2 million (99% of total Accounts receivable, net) as of September 30, 2024. Accounts receivable net balances with the two customers totaled $0.6 million (86% of total Accounts receivable, net) as of December 31, 2023.
Recently issued accounting standards	Recently issued accounting standards Recently issued accounting standards not yet adopted as of September 30, 2024 On November 27, 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, “Improvements to Reportable Segment Disclosures.” This ASU requires additional reportable segment disclosures, primarily through enhanced disclosures about significant segment expenses. In addition, the ASU enhances interim disclosure requirements effectively making the current annual requirements a requirement for interim reporting. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating these new disclosure requirements. On December 14, 2023, the FASB issued Accounting Standards Update 2023-09 entitled Improvements to Income Tax Disclosures (ASU 2023-09), which is primarily applicable to public companies and requires a significant expansion of the granularity of the income tax rate reconciliation as well as an expansion of other income tax disclosures. ASU 2023-09 requires a company to disclose specific income tax categories within the rate reconciliation table and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income (or loss) by the applicable statutory income tax rate. There are also additional disclosures related to income taxes paid disaggregated by jurisdictions, and to income taxes paid. The ASU is effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the impact of adoption of ASU 2023-09 on its consolidated financial statements and disclosures. In March 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2024-01, “Scope Application of Profits Interest and Similar Awards”. This ASU demonstrates how an entity should apply the scope guidance in paragraph 718-10-15-3 to determine whether profits interest and similar awards should be accounted for in accordance with Topic 718, Compensation-Stock Compensation. The amendments in this update related to the scope application issue apply to all reporting entities that account for profits interest awards as compensation to employees or non-employees in return for goods or services. For public business entities, this ASU is effective for annual periods beginning after December 15, 2024, and interim periods within those annual periods. For all other entities, the amendments are effective for annual periods beginning after December 15, 2025, and interim periods within those annual periods. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company evaluated the effect of this update on the Company’s financial statements and anticipates no material impact to the consolidated financial statements when adopted in the fiscal year beginning 2025. In March 2024, the FASB issued ASU 2024-02, “Codification Improvements-Amendments to Remove References to the Concepts Statements”. The amendments in this Update affect a variety of Topics in the Codification. The amendments apply to all reporting entities within the scope of the affected accounting guidance. This update contains amendments to the Codification that remove references to various Concepts Statements. In most instances, the references are extraneous and not required to understand or apply the guidance. In other instances, the references were used in prior statements to provide guidance in certain topical areas. This ASU is effective for public business entities for fiscal years beginning after December 15, 2024. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2025. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company evaluated the effect of this update on the Company’s financial statements and anticipates no material impact to the consolidated financial statements when adopted in the fiscal year beginning 2025.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue [Abstract]
Schedule of Disaggregated Components of Revenue	Disaggregated components of revenue for the Company for the three and nine months ended September 30, 2024, and 2023, respectively, are as follows: For the three months ended For the nine months ended 2024 2023 2024 2023 Services transferred over time: Design and project management services $ 3 $ 1,070 $ 3 $ 10,555 Media production services — 196 — 1,773 Attraction hardware and turnkey sales — 39 — 2,052 Other 2,066 276 5,380 386 Total revenue from services transferred over time $ 2,069 $ 1,581 $ 5,383 $ 14,766 Services transferred at a point in time: Digital media licenses $ — $ — $ — $ 1,331 Total revenue from services transferred at a point in time $ — $ — $ — $ 1.331 Total revenue $ 2,069 $ 1,581 $ 5,383 $ 16,097
Schedule of Accounts Receivable, Net	The following table presents the components of Accounts receivable, net: As of September 30, December 31, Related party $ 219 $ 632 Other — 64 Total $ 219 $ 696
Schedule of Revenues Based on the Geographic Location	The following table presents revenues based on the geographic location of the Company’s customer contracts: For the three months ended For the nine months ended 2024 2023 2024 2023 Saudi Arabia $ - $ 1,197 $ - $ 11,358 Caribbean - (4 ) - 3,598 USA 1,722 (9 ) 4,937 108 Hong Kong - 116 - 635 Other 347 281 446 398 Total revenue $ 2,069 $ 1,581 $ 5,383 $ 16,097

Investments and Advances to E_2

Investments and Advances to Equity Method Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments and Advances to Equity Method Investments [Abstract]
Schedule of Investments and Advances to Equity Method Investments	Investments and advances to equity method investments as of September 30, 2024, and December 31, 2023, consisted of the following: As of September 30, December 31, FCG $ 30,793 $ 30,930 PDP 26,040 22,870 Karnival 7,082 6,843 $ 63,915 $ 60,643
Schedule of Share Of Gain or (Loss) from Equity Method Investments	The Company’s Share of gain or (loss) from equity method investments for the three and nine months ended September 30, 2024, and 2023 comprised of: For the three months ended For the nine months ended 2024 2023 2024 2023 FCG (1) $ (1,658 ) $ (1,598 ) $ (137 ) $ (1,598 ) PDP 1,619 1,527 2,810 1,902 Sierra Parima — (1,616 ) — (4,254 ) Karnival 77 132 239 260 $ 38 $ (1,555 ) $ 2,912 $ (3,690 ) (1) The share of loss from the Company’s equity method investment in FCG is subsequent to FCG’s deconsolidation on July 27, 2023. The Company recognized 100% of net income (loss), less 9% preferred return to QIC and amortization of the basis difference of deconsolidation of FCG. For the three months ended September 30, 2024, the Company recognized $ ( (
Schedule of Balance Sheet Information for the Company’s Equity Method Investments	The following tables provide summarized balance sheet information for the Company’s equity method investments: As of September 30, 2024 FCG PDP Karnival Current assets $ 28,446 $ 17,414 $ 16,598 Non-current assets 28,993 85,937 2,424 Current liabilities 11,924 19,151 17,956 Non-current liabilities 6,213 32,121 - As of December 31, 2023 FCG PDP Sierra Karnival Current assets $ 12,575 $ 8,283 $ 2,697 $ 16,030 Non-current assets 19,730 87,280 18,714 1,805 Current liabilities 7,375 14,048 62,070 (17,250 ) Non-current liabilities 1,801 35,777 9,973 —
Schedule of Related Party Balances of FCG, Sierra Parima and PDP	The following tables provide summarized related party balances of FCG, Sierra Parima and PDP: As of September 30, 2024 FCG PDP Assets $ 5,297 $ 2,568 Liabilities 51 2,560 As of December 31, 2023 PDP FCG Sierra Parima Assets $ 2,288 $ 7,503 $ 2,230 Liabilities 1,685 3,384 57,438
Schedule of Statements of Operations for the Company’s Equity Method Investments	The following tables provide summarized statements of operations for the Company’s equity method investments: For the three months ended September 30 2024 2023 FCG PDP FCG (1) PDP Sierra Parima Total revenues $ 13,155 $ 17,837 $ 3,270 $ 15,830 $ 792 Income (loss) from operations 89 5,710 (1,045 ) 4,648 (2,808 ) Net income (loss) (111 ) 3,240 (1,044 ) 3,055 (2,825 ) For the nine months ended September 30 2024 2023 FCG PDP FCG (1) PDP Sierra Parima Total revenues $ 43,801 $ 36,588 $ 3,270 $ 32,600 $ 2,017 Income (loss) from operations 3,933 8,635 (1,045 ) 5,986 (8,031 ) Net income (loss) 4,173 5,508 (1,044 ) 3,805 (8,098 ) (1) The summarized results of FCG disclosed above are subsequent to FCG’s deconsolidation on July 27, 2023.
Schedule of Related Party Activity	The following table provides FCG, PDP and Sierra Parima’s summarized related party activity for the three months ended September 30, 2024, and 2023: For the three months ended September 30 2024 2023 FCG PDP FCG PDP Sierra Parima Total revenues $ 13,001 $ 52 $ 2,675 $ 247 $ 461 Total expenses 3,237 2,082 1,602 1,656 877 For the nine months ended September 30 2024 2023 FCG PDP FCG PDP Sierra Parima Total revenues $ 43,300 $ 85 $ 2,675 $ 260 $ 1,551 Total expenses $ 5,068 4,107 1,602 3,438 4,733

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	The Company’s Accrued expenses and other current liabilities consisted of: As of September 30, December 31, Audit and professional fees $ 18,187 $ 17,605 Excise tax payable on FAST II stock redemptions 2,211 2,211 Accrued payroll and related expenses 1,174 592 Accrued interest 400 9 Demand note payable 50 — Short-term advance from affiliate 2,287 — Other 23 423 $ 24,332 $ 20,840

Long-Term Debt and Borrowing _2

Long-Term Debt and Borrowing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2024
Long-Term Debt and Borrowing Arrangements [Abstract]
Schedule of Indebtedness	The Company’s indebtedness as of September 30, 2024, and December 31, 2023, consisted of the following: As of Interest Rate As of December 31, Interest Rate $15 million revolving credit arrangement – related party (due September 30, 2034) $ 8,057 2.75 % $ 6,828 2.75 % €1.5 million term loan (due April 2026) 678 1.70 % 980 1.70 % $12.785 million term loan – related party (due December 2026) (1) — — 9,697 2.75 % €7 million term loan (due April 2027) 3,898 5.67 % 4,861 6.00 % $7.25 million term loan – related party (due December 2027) (1) — — 7,250 3.75 % $1.25 million term loan – (due March 31, 2025) 1,250 8.88 % — — $14.765 Term Loan – related party (due September 30, 2034) (1) 14,765 8.00 % — — $7.22 million term loan – related party (due March 31, 2025) 7,221 8.88 % — — 35,869 29,616 Less: Current portion of long-term debt and short-term debt 10,339 6,651 $ 25,530 $ 22,965 (1) Term loan modified on September 30, 2024. The outstanding principal and interest were refinanced into a new $14.765 million term loan.
Schedule of Related Party Revolving Credit Arrangements	As of September 30, 2024, the remaining commitment available under the Company’s related party revolving credit arrangements was the following: Available $15 million revolving credit arrangement (due September 30, 2034) $ 6,943

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Information [Abstract]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss)	See Note 7 – Related party transactions for transactions between the Company’s wholly-owned businesses and equity method investments. Three months ended September 30, 2024 Falcon’s Falcon’s Beyond Destinations Falcon’s Unallocated Creative Destination PDP Beyond Intersegment eliminations corporate Total Revenue $ $ 347 $ - $ 1 $ - $ 1,721 $ 2,069 Share of gain or (loss) from equity method investments (1,658 ) 77 1,619 38 Segment income (loss) from operations (1,658 ) (91 ) 1,619 (706 ) (1,586 ) (2,422 ) Depreciation and amortization expense (1 ) Interest expense (421 ) Interest income 4 Change in fair value of warrant liabilities 676 Change in fair value of earnout liabilities 40,649 Foreign exchange transaction gain 816 Income tax benefit - Net income $ 39,301 Three months ended September 30, 2023 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Group Destination Operations PDP Sierra Parima Beyond Brands Intersegment eliminations corporate overhead Total Revenue $ 1,267 (1) $ 274 $ — $ — $ 1 $ 39 $ — $ 1,581 Share of gain or (loss) from equity method investments (1,044) (2) 84 1,527 (1,413 ) — (709 ) — (1,555 ) Segment income (loss) (4,868 ) (526 ) 1,527 (1,413 ) (2,356 ) (671 ) (11,216 ) (19,523 ) Depreciation and amortization expense (59 ) Gain on deconsolidation FCG 27,402 Impairment of intangible assets (2,377 ) Interest expense (321 ) Interest income 47 Foreign exchange transaction loss (866 ) Income tax benefit 7 Net income $ 4,310 (1) Revenue for the period ended July 27, 2023 (prior to FCG’s deconsolidation). (2) The Company’s share of its equity method investment in FCG subsequent to deconsolidation on July 27, 2023. Nine months ended September 30, 2024 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Destination PDP Beyond Intersegment corporate Total Revenue $ $ 445 $ $ 1 $ $ 4,937 $ 5,383 Share of gain or (loss) from equity method investments (137 ) 239 2,810 2,912 Segment income (loss) from operations (137 ) (846 ) 2,810 (2,162 ) (8,045 ) (8,380 ) Depreciation and amortization expense (4 ) Share of equity method investee’s impairment of fixed assets Interest expense (1,128 ) Interest income 10 Change in fair value of warrant liabilities (1,715 ) Change in fair value of earnout liabilities 172,271 Foreign exchange transaction gain 298 Income tax benefit 1 Net income $ 161,353 Nine months ended September 30, 2023 Falcon’s Falcon’s Beyond Destinations Falcons Unallocated Creative Group Destination Operations PDP Sierra Parima Beyond Brands Intersegment corporate Total Revenue $ 14,514 (1) $ 380 $ — $ — $ 1,482 $ (279 ) $ — $ 16,097 Share of gain or (loss) from equity method investments (1,044) (2) 212 1,902 (4,049 ) (711 ) (3,690 ) Segment income (loss) (5,596 ) (1,324 ) 1,902 (4,049 ) (3,450 ) (913 ) (23,197 ) (36,627 ) Depreciation and amortization expense (1,575 ) Gain on deconsolidation FCG 27,402 Impairment of intangible assets (2,377 ) Interest expense (887 ) Other income 92 Foreign exchange transaction loss (396 ) Income tax benefit 26 Net loss $ (14,342 ) (1) Revenue for the period ended July 27, 2023 (prior to FCG’s deconsolidation). (2) The Company’s share of its equity method investment in FCG subsequent to deconsolidation on July 27, 2023.

Stock Warrants (Tables)

Stock Warrants (Tables)	9 Months Ended
	Sep. 30, 2024
Stock Warrants [Abstract]
Schedule of Outstanding Common Stock Warrants	The following table summarizes the Company’s outstanding common stock warrants as of September 30, 2024: Year of Issue Number of Exercise Expiration Date Classification 2023 5,380,360 11.5 10/5/2028 Liability

Share-Based Compensation (Table

Share-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Compensation [Abstract]
Schedule of RSUs Award Activity	A summary of the Plan’s RSUs award activity is as follows: Restricted Nonvested at January 1, 2024 939,330 Granted 50,874 Forfeited 31,025 Vested — Nonvested at September 30, 2024 959,179 Vested at September 30, 2024 —
Schedule of Plan’s RSUs Vesting	The fair value of these RSUs is estimated based on the fair value of the Company’s common stock on the date of grant using the closing price on the day of grant. A summary of the Plan’s RSUs vesting schedule is as follows: Vesting Date for RSUs granted on December 21, 2023 RSU Vested December 21, 2024 15.0 % December 21, 2025 17.5 % December 21, 2026 20.0 % December 21, 2027 22.5 % December 21, 2028 25.0 % Vesting Date for RSUs granted on May 21, 2024 RSU Vested May 21, 2025 15.0 % May 21, 2026 17.5 % May 21, 2027 20.0 % May 21, 2028 22.5 % May 21, 2029 25.0 % Vesting Date for RSUs granted on June 25, 2024 RSU Vested June 25, 2025 15.0 % June 25, 2026 17.5 % June 25, 2027 20.0 % June 25, 2028 22.5 % June 25, 2029 25.0 %

Equity and Net Loss Per Share (

Equity and Net Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Equity and Net Loss Per Share [Abstract]
Schedule of Weighted Average Shares of Common Stock Outstanding	The weighted average shares of common stock outstanding for the three and nine months ended September 30, 2024, used to determine the Company’s Net income per share reflects the following: For For (amounts in thousands, except number of shares and amount per share) September 30, September 30, Numerator: Net income 39,301 161,353 Net income attributable to noncontrolling interests 33,432 137,081 Net income available to Class A common stockholders 5,869 24,272 Adjustment for dilutive RSUs - 1 Adjustment for dilutive earnout units at Falcon’s Beyond Global, LLC (1,110 ) (6,162 ) Dilutive net income attributable to Class A common stockholders 4,759 18,111 Denominator: Weighted average Class A common stock outstanding – basic 10,066,629 9,700,372 Adjustment for dilutive RSUs 991 330 Adjustment for dilutive Class A earnout shares 185,462 206,051 Weighted average Class A common stock outstanding – diluted 10,253,082 9,906,753 Net income per Class A common share – basic: 0.58 2.50 Net income per Class A common share – diluted: 0.46 1.83
Schedule of Treasury Stock Method to the Warrants and Restricted Stock Units	The following securities were not included in the computation because the effect would be anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period: For the For the September 30, September 30, Class A earnout shares 1,000,000 1,000,000 Class B earnout shares 39,000,000 39,000,000 Warrants to purchase common stock 5,198,420 5,198,420 RSUs 915,568 915,568
Schedule of Pro Forma Earnings Per Share post Stock Dividend basis	Pro Forma Earnings Per Share post Stock Dividend basis For the three months ended For the nine months ended Net income per share – Pro forma post Stock Dividend September 30, September 30, September 30, September 30, Net income per share, basic 0.49 n/a 2.09 n/a Net income per share, diluted 0.39 n/a 1.52 n/a Weighted average shares outstanding, basic 12,079,955 n/a 11,640,446 n/a Weighted average shares outstanding, diluted 12,303,698 n/a 11,888,104 n/a

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Measurement [Abstract]
Schedule of Company’s Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table provides information related to the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2024, and December 31, 2023: September 30, 2024 Level 1 Level 2 Level 3 Total Liabilities: Warrant liabilities $ 5,614 $ — $ — $ 5,614 Earnout liabilities — — $ 5,614 $ — $ — $ 5,614 December 31, 2023 Level 1 Level 2 Level 3 Total Liabilities: Warrant liabilities $ 3,904 $ — $ — $ 3,904 Earnout liabilities — — 488,641 488,641 $ 3,904 $ — $ 488,641 $ 492,545
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on Revenue and EBITDA Targets:	The following table presents the unobservable inputs of the earnout liability for earnout shares based on revenue and EBITDA targets: September 30, December 31, Current stock price 9.91 12.30 Earnout period – beginning 7/1/2023 7/1/2023 Earnout period – end 12/31/2024 12/31/2024 Equity volatility, EBITDA volatility 30.00 % 25.0 % Operational leverage ratio 65.00 % 65.00 % Revenue volatility 10.00 % 10.00 % Revenue/stock price correlation 40.00 % 45.00 % EBITDA/stock price correlation 30.00 % 25.00 % Revenue discount rate 14.27 % 9.21 % Dividend yield 0.00 % 0.00 %
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price	The following table presents the unobservable inputs of the earnout liability for earnout shares based on the Company’s stock price: September 30, December 31, Term (years) 5.0 5.8 Volatility 40.00 % 40.00 % Risk-free rate 3.55 % 3.80 % Dividend yield 0.00 % 0.00 % Current stock price 9.91 12.30
Schedule of Summarizes the Activity for the Company’s Level 3 Instruments Measured at Fair Value on a Recurring Basis	The following table summarizes the activity for the Company’s Level 3 instruments measured at fair value on a recurring basis (in thousands): Earnout Balance as of December 31, 2023 $ 488,641 Issuances — Change in fair value (118,615 ) Balance as of March 31, 2024 $ 370,026 Release of earnout shares (66,255 ) Change in fair value (13,006 ) Balance as of June 30, 2024 $ 290,765 Change in fair value (40,649 ) Forfeiture of earnout shares 69,280 Reclassification of stock price based earnout shares 180,836 Balance as of September 30, 2024 $ —

Description of Business and B_2

Description of Business and Basis of Presentation (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Apr. 30, 2021	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Apr. 30, 2024	Jul. 27, 2023
Description of Business and Basis of Presentation [Line Items]
Net cash proceeds				$ 6,300
Transaction costs		$ 15,700		15,700
Collections contributed percentage	100%
Cash flows from operating activities				(8,758)	$ (16,421)
Loss from operation		(2,461)	$ (20,404)	(11,296)	$ (36,889)
Capital deficiency				(27,000)
Additional debt borrowed		10,300		10,300
Strategic Investment							$ 30,000
FCG received a closing payment				17,500
Reimbursement amount				500
Redemption amount		$ 30,000		$ 30,000
Annual compounding preferred return				9%
Pro-rata				25%
National Exchange Treehouse [Member]
Description of Business and Basis of Presentation [Line Items]
Exchange membership interests	33.33%
Katmandu Exchange [Member]
Description of Business and Basis of Presentation [Line Items]
Exchange membership interests	66.67%
Liability [Member]
Description of Business and Basis of Presentation [Line Items]
Loss from operation				$ (8,800)
Equity Method Investments [Member]
Description of Business and Basis of Presentation [Line Items]
Cash flows from operating activities				$ 44,300
Magpuri Revocable Trust [Member]
Description of Business and Basis of Presentation [Line Items]
ownership interests percentage	100%
QIC, Holding [Member]
Description of Business and Basis of Presentation [Line Items]
ownership interests percentage		25%		25%
Falcon’s Creative Group, LLC [Member]
Description of Business and Basis of Presentation [Line Items]
Investment amount						$ 12,000
Pro-rata				75%
Preferred Stock [Member] | QIC, Holding [Member]
Description of Business and Basis of Presentation [Line Items]
ownership interests percentage		75%		75%

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Summary of Significant Accounting Policies [Line Items]
Total revenue (in Dollars)	$ 2,069	$ 1,581	$ 5,383	$ 16,097
Revenue Percentage	10%		92%	69%
Falcon’s Creative Group [Member]
Summary of Significant Accounting Policies [Line Items]
Number of customers			1	1
Total revenue (in Dollars)	$ 12,900		$ 43,200
One Customer [Member]
Summary of Significant Accounting Policies [Line Items]
Total revenue (in Dollars)				$ 11,100
Accounts receivable, net (in Dollars)	200		200		$ 600
One Customer [Member] | Revenue Benchmark [Member]
Summary of Significant Accounting Policies [Line Items]
Total revenue (in Dollars)	$ 1,700	$ 1,200
Revenue Percentage	83%	74%
Two Customers [Member]
Summary of Significant Accounting Policies [Line Items]
Total revenue (in Dollars)				$ 3,600
Revenue Percentage		18%		22%
Two Customers [Member] | Revenue Benchmark [Member]
Summary of Significant Accounting Policies [Line Items]
Total revenue (in Dollars)	$ 300	$ 300	$ 4,900
Revenue Percentage		10%
Customer Concentration Risk [Member] | One Customer [Member] | Accounts Receivable [Member]
Summary of Significant Accounting Policies [Line Items]
Concentration risk, percentage			99%		86%
Customer Concentration Risk [Member] | Two Customers [Member]
Summary of Significant Accounting Policies [Line Items]
Revenue Percentage	17%

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue [Line Items]
Equity method investments	$ 5.3	$ 4.6	$ 5.3	$ 4.6
Related party revenues	1.7		4.9
Contract liability		1.2		1.2
Operations revenue	0.4	0.4	0.3	0.3
FCG [Member]
Revenue [Line Items]
Equity method investments	$ 2	$ 0.4	$ 2	$ 0.4

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of Disaggregated Components of Revenue - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Services transferred over time:
Design and project management services	$ 3,000	$ 1,070,000	$ 3,000	$ 10,555,000
Media production services		196,000		1,773,000
Attraction hardware and turnkey sales		39,000		2,052,000
Other	2,066,000	276,000	5,380,000	386,000
Total revenue from services transferred over time	2,069,000	1,581,000	5,383,000	14,766,000
Services transferred at a point in time:
Digital media licenses				1,331,000
Total revenue from services transferred at a point in time				1,331
Total revenue	$ 2,069,000	$ 1,581,000	$ 5,383,000	$ 16,097,000

Revenue (Details) - Schedule _2

Revenue (Details) - Schedule of Accounts Receivable, Net - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Related Party [Member]
Schedule of Accounts Receivable, Net [Line Items]
Related party	$ 219
Other
Total	$ 219
Other Related Party [Member]
Schedule of Accounts Receivable, Net [Line Items]
Related party		$ 632
Other		64
Total		$ 696

Revenue (Details) - Schedule _3

Revenue (Details) - Schedule of Revenues Based on the Geographic Location - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue	$ 2,069	$ 1,581	$ 5,383	$ 16,097
Saudi Arabia [Member]
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue		1,197		11,358
Caribbean [Member]
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue		(4)		3,598
USA [Member]
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue	1,722	(9)	4,937	108
Hong Kong [Member]
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue		116		635
Other [Member]
Schedule of Revenues Based on the Geographic Location [Line Items]
Total revenue	$ 347	$ 281	$ 446	$ 398

Investments and Advances to E_3

Investments and Advances to Equity Method Investments (Details) $ in Millions, $ in Millions		3 Months Ended	9 Months Ended
	Jul. 27, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 HKD ($)	Nov. 02, 2023
Investments and Advances to Equity Method Investments [Line Items]
Redemption amount		$ 30	$ 30
Percentage of preferred return			9%
Recognized net income		(1.7)	$ (0.1)
Less adjustments		(0.1)	4.2
Accretion of preference dividend and fees		1.6	4.3
Dividend fees		0.7	1.8
Accretion fee		0.1
Amortization		0.8	$ 2.5
Equity method investment ratio			100%
Falcon’s Creative Group [Member]
Investments and Advances to Equity Method Investments [Line Items]
Investment	$ 39.1
Redemption amount		$ 30	$ 30
Percenatage of investment		9%	9%	9%
Percentage of net income			100%
PDP [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of profits and losses		50%	50%	50%
Sierra Parima [Member]
Investments and Advances to Equity Method Investments [Line Items]
Investment
Percentage of profits and losses		50%	50%	50%
Karnival [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of interest					50%
Non-interest-bearing advances		$ 9	$ 9	$ 69.7
Defined Benefit Plan, Funded Plan [Member] | Karnival [Member]
Investments and Advances to Equity Method Investments [Line Items]
Capital commitment amount		6.6	6.6	51
Defined Benefit Plan, Unfunded Plan [Member] | Karnival [Member]
Investments and Advances to Equity Method Investments [Line Items]
Capital commitment amount		$ 2.4	$ 2.4	$ 18.7
PDP [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of voting rights		50%	50%	50%
Sierra Parima [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of voting rights		50%	50%	50%
Minimum [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of stockholders equity note stock split			25%
Maximum [Member]
Investments and Advances to Equity Method Investments [Line Items]
Percentage of stockholders equity note stock split			75%

Investments and Advances to E_4

Investments and Advances to Equity Method Investments (Details) - Schedule of Investments and Advances to Equity Method Investments - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments and Advances to Equity Method Investments [Line Items]
Investments and advances to equity method investments	$ 63,915	$ 60,643
FCG [Member]
Schedule of Investments and Advances to Equity Method Investments [Line Items]
Investments and advances to equity method investments	30,793	30,930
PDP [Member]
Schedule of Investments and Advances to Equity Method Investments [Line Items]
Investments and advances to equity method investments	26,040	22,870
Karnival [Member]
Schedule of Investments and Advances to Equity Method Investments [Line Items]
Investments and advances to equity method investments	$ 7,082	$ 6,843

Investments and Advances to E_5

Investments and Advances to Equity Method Investments (Details) - Schedule of Share Of Gain or (Loss) from Equity Method Investments - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Share Of Gain or (Loss) from Equity Method Investments [Line Items]
Gain or (loss) from equity method investments		$ 38	$ (1,555)	$ 2,912	$ (3,690)
FCG [Member]
Schedule of Share Of Gain or (Loss) from Equity Method Investments [Line Items]
Gain or (loss) from equity method investments	[1]	(1,658)	(1,598)	(137)	(1,598)
PDP [Member]
Schedule of Share Of Gain or (Loss) from Equity Method Investments [Line Items]
Gain or (loss) from equity method investments		1,619	1,527	2,810	1,902
Sierra Parima [Member]
Schedule of Share Of Gain or (Loss) from Equity Method Investments [Line Items]
Gain or (loss) from equity method investments			(1,616)		(4,254)
Karnival [Member]
Schedule of Share Of Gain or (Loss) from Equity Method Investments [Line Items]
Gain or (loss) from equity method investments		$ 77	$ 132	$ 239	$ 260
[1]The share of loss from the Company’s equity method investment in FCG is subsequent to FCG’s deconsolidation on July 27, 2023. The Company recognized 100% of net income (loss), less 9% preferred return to QIC and amortization of the basis difference of deconsolidation of FCG. For the three months ended September 30, 2024, the Company recognized $ ( (

Investments and Advances to E_6

Investments and Advances to Equity Method Investments (Details) - Schedule of Balance Sheet Information for the Company’s Equity Method Investments - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
FCG [Member]
Schedule of Balance Sheet Information [Line Items]
Current assets	$ 28,446	$ 12,575
Non-current assets	28,993	19,730
Current liabilities	11,924	7,375
Non-current liabilities	6,213	1,801
PDP [Member]
Schedule of Balance Sheet Information [Line Items]
Current assets	17,414	8,283
Non-current assets	85,937	87,280
Current liabilities	19,151	14,048
Non-current liabilities	32,121	35,777
Karnival [Member]
Schedule of Balance Sheet Information [Line Items]
Current assets	16,598	16,030
Non-current assets	2,424	1,805
Current liabilities	17,956	(17,250)
Non-current liabilities
Sierra Parima [Member]
Schedule of Balance Sheet Information [Line Items]
Current assets		2,697
Non-current assets		18,714
Current liabilities		62,070
Non-current liabilities		$ 9,973

Investments and Advances to E_7

Investments and Advances to Equity Method Investments (Details) - Schedule of Related Party Balances of FCG, Sierra Parima and PDP - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
FCG [Member]
Schedule of Related Party Balances of FCG [Line Items]
Assets	$ 5,297	$ 7,503
Liabilities	51	3,384
PDP [Member]
Schedule of Related Party Balances of FCG [Line Items]
Assets	2,568	2,288
Liabilities	$ 2,560	1,685
Sierra Parima [Member]
Schedule of Related Party Balances of FCG [Line Items]
Assets		2,230
Liabilities		$ 57,438

Investments and Advances to E_8

Investments and Advances to Equity Method Investments (Details) - Schedule of Statements of Operations for the Company’s Equity Method Investments - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023		Sep. 30, 2024	Sep. 30, 2023
FCG [Member]
Schedule of Statements of Operations [Line Items]
Total revenues	$ 13,155	$ 3,270	[1]	$ 43,801	$ 3,270	[1]
Income (loss) from operations	89	(1,045)	[1]	3,933	(1,045)	[1]
Net income (loss)	(111)	(1,044)	[1]	4,173	(1,044)	[1]
PDP [Member]
Schedule of Statements of Operations [Line Items]
Total revenues	17,837	15,830		36,588	32,600
Income (loss) from operations	5,710	4,648		8,635	5,986
Net income (loss)	$ 3,240	3,055		$ 5,508	3,805
Sierra Parima [Member]
Schedule of Statements of Operations [Line Items]
Total revenues		792			2,017
Income (loss) from operations		(2,808)			(8,031)
Net income (loss)		$ (2,825)			$ (8,098)
[1] The summarized results of FCG disclosed above are subsequent to FCG’s deconsolidation on July 27, 2023.

Investments and Advances to E_9

Investments and Advances to Equity Method Investments (Details) - Schedule of Related Party Activity - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
FCG [Member]
Schedule of Related Party Activity [Line Items]
Total revenues	$ 13,001	$ 2,675	$ 43,300	$ 2,675
Total expenses	3,237	1,602	5,068	1,602
PDP [Member]
Schedule of Related Party Activity [Line Items]
Total revenues	52	247	85	260
Total expenses	$ 2,082	1,656	$ 4,107	3,438
Sierra Parima [Member]
Schedule of Related Party Activity [Line Items]
Total revenues		461		1,551
Total expenses		$ 877		$ 4,733

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accrued Expenses and Other Current Liabilities [Abstract]
Accrued expenses and other current liabilities	$ 2.4	$ 0.3

Accrued Expenses and Other Cu_4

Accrued Expenses and Other Current Liabilities (Details) - Schedule of Accrued Expenses and Other Current Liabilities - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
fSchedule of Accrued Expenses and Other Current Liabilities [Abstract]
Audit and professional fees	$ 18,187	$ 17,605
Excise tax payable on FAST II stock redemptions	2,211	2,211
Accrued payroll and related expenses	1,174	592
Accrued interest	400	9
Demand note payable	50
Short-term advance from affiliate	2,287
Other	23	423
Total	$ 24,332	$ 20,840

Long-Term Debt and Borrowing _3

Long-Term Debt and Borrowing Arrangements (Details) $ in Thousands, € in Millions	1 Months Ended	9 Months Ended
	Mar. 31, 2024 USD ($)	Sep. 30, 2024 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Apr. 30, 2020 EUR (€)	Mar. 31, 2019 USD ($)
Long-Term Debt and Borrowing Arrangements [Line Items]
Interest rate		2.75%
Term loan		$ 12,785
Revolving credit arrangement				$ 12,785
Loan bears interest percentage		8%		2.75%
Term loan		$ 7,250				$ 7,000
Term loan disclosure		14,765
Loan		6,300
Amended payment terms		900
€7 million term loan [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Percentage of interest						2%
Loan with Infinite Acquisitions [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Term loan		14,765	$ 7,250
Loan bears interest percentage			3.75%
Term loan		14,765
Institute of Official Credit [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Term loan | €					€ 1.5
Fixed interest rate					1.70%
Loan with Universal Kat Holdings, LLC [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Term loan	$ 1,250
Loan bears interest percentage	8.875%
Net proceeds	$ 20,000
Loan with Katmandu Ventures, LLC [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Term loan	$ 7,221
Loan bears interest percentage	8.875%
Net proceeds	$ 20,000
Minimum [Member] | Loan with Infinite Acquisitions [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Maximum capacity amount		10,000
Maximum [Member] | Loan with Infinite Acquisitions [Member]
Long-Term Debt and Borrowing Arrangements [Line Items]
Maximum capacity amount		$ 15,000

Long-Term Debt and Borrowing _4

Long-Term Debt and Borrowing Arrangements (Details) - Schedule of Indebtedness - USD ($) $ in Thousands		Sep. 30, 2024	Dec. 31, 2023
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 35,869	$ 29,616
Less: Current portion of long-term debt and short-term debt		10,339	6,651
Current portion of long-term debt		25,530	22,965
$15 million revolving credit arrangement – related party (due September 30, 2034) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 8,057	$ 6,828
Long-Term Debt, Interest rate		2.75%	2.75%
€1.5 million term loan (due April 2026) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 678	$ 980
Long-Term Debt, Interest rate		1.70%	1.70%
$12.785 million term loan – related party (due December 2026) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount	[1]		$ 9,697
Long-Term Debt, Interest rate	[1]		2.75%
€7 million term loan (due April 2027) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 3,898	$ 4,861
Long-Term Debt, Interest rate		5.67%	6%
$7.25 million term loan – related party (due December 2027) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount	[1]		$ 7,250
Long-Term Debt, Interest rate	[1]		3.75%
$1.25 million term loan – (due March 31, 2025) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 1,250
Long-Term Debt, Interest rate		8.88%
$14.765 Term Loan – related party (due September 30, 2034) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount	[1]	$ 14,765
Long-Term Debt, Interest rate	[1]	8%
$7.22 million term loan – related party (due March 31, 2025) [Member]
Schedule of Indebtedness [Line Items]
Long-Term Debt, Amount		$ 7,221
Long-Term Debt, Interest rate		8.88%
[1]Term loan modified on September 30, 2024. The outstanding principal and interest were refinanced into a new $14.765 million term loan.

Long-Term Debt and Borrowing _5

Long-Term Debt and Borrowing Arrangements (Details) - Schedule of Related Party Revolving Credit Arrangements $ in Thousands	Sep. 30, 2024 USD ($)
Schedule of Related Party Revolving Credit Arrangements [Abstract]
Available Capacity	$ 6,943

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)				3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2024	Jan. 31, 2023	Oct. 04, 2022	Sep. 30, 2024	Sep. 30, 2024	Dec. 31, 2023	Mar. 31, 2019
Related Party Transactions [Line Items]
Company loaned				$ 7,250,000	$ 7,250,000		$ 7,000,000
Interest income				0	100,000
Accounts receivable				200,000	200,000
Accounts payable				4,710,000	4,710,000	$ 3,852,000
Revolving credit arrangement					100,000	100,000
Conversion agreement			$ 12,800,000
Term loan percentage	10%
Loan				6,300,000	6,300,000
PDP [Member]
Related Party Transactions [Line Items]
Accounts payable				1,400,000	1,400,000
Falcon’s Opco (“Fun Stuff”) [Member]
Related Party Transactions [Line Items]
Short-term advance				2,300,000	2,300,000
Katmandu Ventures LLC [Member]
Related Party Transactions [Line Items]
Company loaned				900,000	900,000
Intercompany Services Agreement Between FCG and the Company [Member]
Related Party Transactions [Line Items]
Revenue				1,700,000	4,900,000
FCG [Member]
Related Party Transactions [Line Items]
Accounts receivable				0	0	600,000
Digital Media License Revenue and Related Receivable with Equity Method Investment [Member]
Related Party Transactions [Line Items]
Revenue				$ 0	1,500,000
Subscription Agreement with Infinite Acquisitions [Member]
Related Party Transactions [Line Items]
Loaned an additional	$ 7,221,000
Related Party Notes [Member]
Related Party Transactions [Line Items]
Company loaned		$ 2,500,000
Interest income		2.75%
Long-term Debt Instruments [Member] | Katmandu Ventures LLC [Member]
Related Party Transactions [Line Items]
Accrued interest					$ 100,000
Long-term Debt Instruments [Member] | Infinite Acquisitions [Member]
Related Party Transactions [Line Items]
Accrued interest						$ 0
$7.221 million Term Loan [Member]
Related Party Transactions [Line Items]
Loan bears interest	8.875%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Income Taxes [Abstract]
Effective tax rate	0%	0%
Income taxes	$ 0.1	$ 0.1
Iincome tax benefit		$ 0.1

Tax Receivable Agreement (Detai

Tax Receivable Agreement (Details)	Oct. 06, 2023 $ / shares
Tax Receivable Agreement [Line Items]
Tax benefits percentage	85%
Class A Common Stock [Member]
Tax Receivable Agreement [Line Items]
Price per share	$ 0.0001

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands, $ in Millions		9 Months Ended
	Mar. 27, 2024 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 HKD ($)	Dec. 31, 2023 USD ($)
Commitments and Contingencies [Line Items]
Services fess	$ 11,100
Accrued amount		$ 24,332		$ 20,840
Development fees		$ 300
Percentage of gross sales		6%
Agreement amount		$ 300
Commitments and contingencies		85%
Unfunded commitments
Joint Venture Karnival [Member]
Commitments and Contingencies [Line Items]
Unfunded commitments		$ 2,400	$ 18.7
Litigation [Member]
Commitments and Contingencies [Line Items]
Accrued amount				$ 11,100

Segment Information (Details)

Segment Information (Details)	9 Months Ended
	Sep. 30, 2024
Segment Information [Abstract]
Number of operating segments	5

Segment Information (Details) -

Segment Information (Details) - Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) - USD ($) $ in Thousands	3 Months Ended					9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023		Sep. 30, 2024	Sep. 30, 2023
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue	$ 2,069			$ 1,581		$ 5,383	$ 16,097
Share of gain or (loss) from equity method investments						2,912
Share of gain or (loss) from equity method investments	38			(1,555)			(3,690)
Segment income (loss) from operations	(2,422)			(19,523)		(8,380)	(36,627)
Depreciation and amortization expense	(1)			(59)		(4)	(1,575)
Gain on deconsolidation FCG				27,402			27,402
Impairment of intangible assets				(2,377)			(2,377)
Interest expense	(421)			(321)		(1,128)	(887)
Other income							92
Interest income	4			47		10
Change in fair value of warrant liabilities	676					(1,715)
Change in fair value of earnout liabilities	40,649					172,271
Foreign exchange transaction gain	816			(866)		298	(396)
Income tax benefit				7		1	26
Net income	39,301	$ 8,028	$ 114,024	4,310		161,353	(14,342)
Falcon’s Creative Group [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue				1,267	[1]		14,514	[1]
Share of gain or (loss) from equity method investments						(137)
Share of gain or (loss) from equity method investments	(1,658)			(1,044)	[2]		(1,044)	[2]
Segment income (loss) from operations	(1,658)			(4,868)		(137)	(5,596)
Destination Operations [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue	347			274		445	380
Share of gain or (loss) from equity method investments						239
Share of gain or (loss) from equity method investments	77			84			212
Segment income (loss) from operations	(91)			(526)		(846)	(1,324)
PDP [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue
Share of gain or (loss) from equity method investments						2,810
Share of gain or (loss) from equity method investments	1,619			1,527			1,902
Segment income (loss) from operations	1,619			1,527		2,810	1,902
Falcons Beyond Brands [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue	1			1		1	1,482
Share of gain or (loss) from equity method investments
Segment income (loss) from operations	(706)			(2,356)		(2,162)	(3,450)
Intersegment Eliminations [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue				39			(279)
Share of gain or (loss) from equity method investments				(709)			(711)
Segment income (loss) from operations				(671)			(913)
Unallocated Corporate Overhead [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue	1,721					4,937
Share of gain or (loss) from equity method investments
Segment income (loss) from operations	$ (1,586)			(11,216)		$ (8,045)	(23,197)
Sierra Parima [Member] | Reportable Segments [Member]
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) [Line Items]
Revenue
Share of gain or (loss) from equity method investments				(1,413)			(4,049)
Segment income (loss) from operations				$ (1,413)			$ (4,049)
[1]Revenue for the period ended July 27, 2023 (prior to FCG’s deconsolidation).[2]The Company’s share of its equity method investment in FCG subsequent to deconsolidation on July 27, 2023.

Earnouts (Details)

Earnouts (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Earnouts [Line Items]
Aggregate shares (in Dollars per share)	$ 9.91		$ 9.91		$ 12.3
Earnout liability (in Dollars)	$ 250,100		$ 250,100		$ 488,600
Change in fair value of earnout liabilities (in Dollars)	$ 40,649		$ 172,271
Common Stock [Member] | Class A Common Stock [Member]
Earnouts [Line Items]
Shares issued	312,500		1,937,500
Number of share earned	187,500		187,500
Aggregate shares (in Dollars per share)	$ 437,500		$ 437,500
Common Stock [Member] | Class B Common Stock [Member]
Earnouts [Line Items]
Shares issued			75,562,500
Number of share earned	7,312,500		7,312,500
Earnout shares			12,187,500
Aggregate shares (in Dollars per share)	$ 17,062,500		$ 17,062,500

Stock Warrants (Details)

Stock Warrants (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Stock Warrants [Line Items]
Exercise price (in Dollars per share)			$ 11.5
Converted warrants			7,349
Warrant liabilities (in Dollars)	$ (676)		$ 1,715
Warrant [Member]
Stock Warrants [Line Items]
Warrant liabilities (in Dollars)	$ 700
Common Class A [Member]
Stock Warrants [Line Items]
Warrant outstanding	5,198,420		5,198,420
Common Class A [Member] | Warrant [Member]
Stock Warrants [Line Items]
Warrant outstanding	7,605		7,605
Shares issued			1.034999

Stock Warrants (Details) - Sche

Stock Warrants (Details) - Schedule of Outstanding Common Stock Warrants - Stock warrants [Member]	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Class of Warrant or Right [Line Items]
Number of Shares Issuable | shares	5,380,360
Exercise Price | $ / shares	$ 11.5
Expiration Date	10/5/2028
Classification	Liability

Share-Based Compensation (Detai

Share-Based Compensation (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024 USD ($) shares	Sep. 30, 2024 USD ($) shares
Share-Based Compensation [Line Items]
Vested period		5 years
Stock based compensation expense	$ 0.4	$ 1.1
Compensation cost value	$ 0.2	$ 0.6
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation [Line Items]
Restricted share units outstanding (in Shares) | shares	959,179	959,179

Share-Based Compensation (Det_2

Share-Based Compensation (Details) - Schedule of RSUs Award Activity - Restricted Stock Units (RSUs) [Member]	9 Months Ended
	Sep. 30, 2024 shares
Schedule of RSUs Award Activity [Line Items]
Nonvested at beginning	939,330
Granted	50,874
Forfeited	31,025
Vested
Nonvested at ending	959,179
Vested at September 30, 2024

Share-Based Compensation (Det_3

Share-Based Compensation (Details) - Schedule of Plan’s RSUs Vesting	9 Months Ended
	Sep. 30, 2024
December 21, 2024 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	15%
December 21, 2025 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	17.50%
December 21, 2026 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	20%
December 21, 2027 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	22.50%
December 21, 2028 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	25%
May 21, 2025 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	15%
May 21, 2026 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	17.50%
May 21, 2027 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	20%
May 21, 2028 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	22.50%
May 21, 2029 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	25%
June 25, 2025 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	15%
June 25, 2026 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	17.50%
June 25, 2027 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	20%
June 25, 2028 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	22.50%
June 25, 2029 [Member]
Schedule of Plan’s RSUs Vesting [Line Items]
Total of RSU Vested	25%

Equity and Net Loss Per Share_2

Equity and Net Loss Per Share (Details) - $ / shares	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Equity and Net Loss Per Share [Line Items]
Preferred stock share authorized	30,000,000
Preferred stock no par value (in Dollars per share)	$ 0.0001
Common Stock [Member]
Equity and Net Loss Per Share [Line Items]
Common stock shares authorized	650,000,000
Common Class A [Member]
Equity and Net Loss Per Share [Line Items]
Common stock shares authorized	500,000,000	500,000,000
Common stock par value (in Dollars per share)	$ 0.0001	$ 0.0001
Stock dividends	0.2
Common Class B [Member]
Equity and Net Loss Per Share [Line Items]
Common stock shares authorized	150,000,000	150,000,000
Common stock par value (in Dollars per share)	$ 0.0001	$ 0.0001
Stock dividends	0.2

Equity and Net Loss Per Share_3

Equity and Net Loss Per Share (Details) - Schedule of Weighted Average Shares of Common Stock Outstanding - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator:
Net income	$ 39,301		$ 161,353
Net income attributable to noncontrolling interests	33,432		137,081
Net income available to Class A common stockholders	$ 5,869		$ 24,272
Adjustment for dilutive RSUs			1
Adjustment for dilutive earnout units at Falcon’s Beyond Global, LLC	$ (1,110)		$ (6,162)
Dilutive net income attributable to Class A common stockholders	$ 4,759		$ 18,111
Denominator:
Weighted average Class A common stock outstanding – basic	10,066,629		9,700,372
Adjustment for dilutive RSUs	991		330
Adjustment for dilutive Class A earnout shares	185,462		206,051
Weighted average Class A common stock outstanding – diluted	10,253,082		9,906,753
Net income per Class A common share – basic:	$ 0.58		$ 2.5
Net income per Class A common share – diluted:	$ 0.46		$ 1.83

Equity and Net Loss Per Share_4

Equity and Net Loss Per Share (Details) - Schedule of Treasury Stock Method to the Warrants and Restricted Stock Units	3 Months Ended	9 Months Ended
	Sep. 30, 2024 shares	Sep. 30, 2024 shares
Schedule of Treasury Stock Method to the Warrants and Restricted Stock Units [Abstract]
Class A earnout shares	1,000,000	1,000,000
Class B earnout shares	39,000,000	39,000,000
Warrants to purchase common stock	5,198,420	5,198,420
RSUs	915,568	915,568

Equity and Net Loss Per Share_5

Equity and Net Loss Per Share (Details) - Schedule of Pro Forma Earnings Per Share post Stock Dividend basis - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Pro Forma Earnings Per Share post Stock Dividend basis [Abstract]
Net income per share, basic	$ 0.49		$ 2.09
Net income per share, diluted	$ 0.39		$ 1.52
Weighted average shares outstanding, basic	12,079,955		11,640,446
Weighted average shares outstanding, diluted	12,303,698		11,888,104

Fair Value Measurement (Details

Fair Value Measurement (Details) - Schedule of Company’s Assets and Liabilities Measured at Fair Value on a Recurring Basis - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Liabilities:
Warrant liabilities	$ 5,614	$ 3,904
Earnout liabilities		488,641
Total liabilities	5,614	492,545
Level 1 [Member]
Liabilities:
Warrant liabilities	5,614	3,904
Earnout liabilities
Total liabilities	5,614	3,904
Level 2 [Member]
Liabilities:
Warrant liabilities
Earnout liabilities
Total liabilities
Level 3 [Member]
Liabilities:
Warrant liabilities
Earnout liabilities		488,641
Total liabilities		$ 488,641

Fair Value Measurement (Detai_2

Fair Value Measurement (Details) - Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on Revenue and EBITDA Targets - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on Revenue and EBITDA Targets [Abstract]
Current stock price (in Dollars per share)	$ 9.91	$ 12.3
Earnout period – beginning	Jul. 01, 2023	Jul. 01, 2023
Earnout period – end	Dec. 31, 2024	Dec. 31, 2024
Equity volatility, EBITDA volatility	30%	25%
Operational leverage ratio	65%	65%
Revenue volatility	10%	10%
Revenue/stock price correlation	40%	45%
EBITDA/stock price correlation	30%	25%
Revenue discount rate	14.27%	9.21%
Dividend yield	0%	0%

Fair Value Measurement (Detai_3

Fair Value Measurement (Details) - Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price	Sep. 30, 2024	Dec. 31, 2023
Term (years) [Member]
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price [Line Items]
Earnout liability	5	5.8
Volatility [Member]
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price [Line Items]
Earnout liability	40	40
Risk-free rate [Member]
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price [Line Items]
Earnout liability	3.55	3.8
Dividend yield [Member]
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price [Line Items]
Earnout liability	0	0
Current stock price [Member]
Schedule of Unobservable Inputs of the Earnout Liability for Earnout Shares Based on the Company’s Stock Price [Line Items]
Earnout liability	9.91	12.3

Fair Value Measurement (Detai_4

Fair Value Measurement (Details) - Schedule of Summarizes the Activity for the Company’s Level 3 Instruments Measured at Fair Value on a Recurring Basis - Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2024
Schedule of Summarizes the Activity for the Company’s Level 3 Instruments Measured at Fair Value on a Recurring Basis [Line Items]
Balance Beginning	$ 290,765	$ 370,026	$ 488,641	$ 488,641
Issuances
Change in fair value	(40,649)	(13,006)	(118,615)
Forfeiture of earnout shares	69,280
Reclassification of stock price based earnout shares	180,836
Balance Ending		290,765	$ 370,026
Release of earnout shares		$ (66,255)

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands		9 Months Ended
	Oct. 18, 2024	Sep. 30, 2024	Dec. 31, 2023	Mar. 31, 2019
Subsequent Events [Line Items]
Term loan		$ 8,471
Term loan		7,250		$ 7,000
Accrued interest		900
Borrowings		10,000
Katmandu Ventures LLC [Member]
Subsequent Events [Line Items]
Term loan		7,221
Infinite Acquisitions [Member]
Subsequent Events [Line Items]
Acquisitions loaned		$ 500
Subsequent Event [Member]
Subsequent Events [Line Items]
Term loan	$ 1,250
Interest rate	50%
Net proceeds	$ 10,000
Subsequent Event [Member] | PDP [Member]
Subsequent Events [Line Items]
Interest rate	50%