XML 50 R37.htm IDEA: XBRL DOCUMENT
v3.23.3

Share-Based Compensation Expense (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Share-Based Compensation Expense [Abstract] |
Schedule of Share-Based Compensation Expenses | Share-based compensation expenses are summarized as follows:
|  | Three months ended September 30 |  |  | Nine months ended September 30 |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Restricted stock units |  | $ | 2,025,557 |  |  | $ | 171,681 |  |  | $ | 6,231,103 |  |  | $ | 171,681 |
Stock options |  |  | 1,237,565 |  |  |  | 16,986 |  |  |  | 2,693,771 |  |  |  | 50,958 |
Rights to contingent consideration |  |  | 1,058,030 |  |  |  | - |  |  |  | 1,566,163 |  |  |  | - |
|  | $ | 4,321,152 |  |  | $ | 188,667 |  |  | $ | 10,491,037 |  |  | $ | 222,639 |
Schedule of Restricted Stock Units and Stock Option Transactions | The following table reflects the continuity of restricted stock units (“RSUs”) transactions:
|  | Nine months ended September 30, 2023 |
|  | Number |  |  | Weighted Average Grant Date Fair Value |
Outstanding, beginning of year |  |  | 1,548,098 |  |  | $ | 11.62 |
Granted |  |  | 634,341 |  |  |  | 8.59 |
Vested |  |  | (536,113 | ) |  |  | 11.23 |
Forfeited |  |  | (8,033 | ) |  |  | 9.03 |
Outstanding, end of period |  |  | 1,638,293 |  |  | $ | 10.59 |
|  | Nine months ended September 30, 2023 |
|  | Service Conditions |  |  | Performance Conditions |
|  | Number |  |  | Weighted Average Exercise Price |  |  | Number |  |  | Weighted Average Exercise Price |
Outstanding, beginning of year |  |  | 58,607,457 |  |  | $ | 0.22 |  |  |  | - |  |  | $ | - |
Granted |  |  | 1,452,937 |  |  |  | 9.41 |  |  |  | 358,249 |  |  |  | 9.42 |
Forfeited |  |  | (36,949 | ) |  |  | 9.45 |  |  |  | - |  |  |  | - |
Outstanding, end of period |  |  | 60,023,445 |  |  | $ | 0.43 |  |  |  | 358,249 |  |  | $ | 9.42 |
Vested and exercisable |  |  | 57,874,192 |  |  | $ | 0.10 |  |  |  | - |  |  | $ | - |
Schedule of Weighted Average Fair Value of the Outstanding Options | The fair value of the options was determined using either a Black-Scholes option pricing model or a Monte Carlo simulation methodology that included simulating the stock price using a risk-neutral Geometric Brownian Motion-based pricing model. The following assumptions were made:
Share price |  | $7.16-$10.36
Exercise price |  | $7.16-$10.36
Risk-free interest rate |  | 3.42%-4.24%
Volatility |  | 95%-97%
Expected life |  | 10 years
Dividend rate |  | 0.00%
Schedule of Fair Value of New Award on the Acquisition Date and the Amount Allocated to Consideration | The difference between the fair value of the new award on the acquisition date and the amount allocated to consideration is post-combination expense, as laid out below:
|  | Fair value |
Allocated to consideration |  | $ | 15,578 |
Allocated to post-combination services |  |  | 5,941,563 |
Total fair value of rights |  | $ | 5,957,141 |
Schedule of Portion of the Fair Value Allocated to Post-Combination Service | The portion of the fair value allocated to post-combination services will be recognized in the consolidated statement of operations over the remaining service period.
|  | Service Conditions |  |  | Performance Conditions |
Outstanding, beginning of year |  |  | - |  |  |  | - |
Granted |  |  | 351,063 |  |  |  | 245,248 |
Forfeited |  |  | - |  |  |  | - |
Outstanding, end of period |  |  | 351,063 |  |  |  | 245,248 |

X
- References No definition available. + Details
Name: | rum_ShareBasedCompensationExpenseTablesLineItems
Namespace Prefix: | rum_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 + Details
Name: | srt_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
Name: | us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration