XML 21 R11.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers

Note 5 - Revenue from Contracts with Customers

 

Disaggregated revenue

 

The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands):

 

 

fuboTV Inc.

Notes to the Condensed Consolidated Financial Statements
(Unaudited)

 

  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2021   2020   2021   2020 
Subscription  $138,119   $53,433   $359,601   $92,945 
Advertising   18,570    7,520    47,642    11,843 
Other   1    249    51    7,881 
Total revenues  $156,690   $61,202   $407,294   $112,669 

 

Contract balances

 

For the nine months ended September 30, 2021 and 2020, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of September 30, 2021 and December 31, 2020.

 

The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of September 30, 2021, and December 31, 2020, the Company’s contract liabilities totaled approximately $35.9 million and $17.4 million, respectively, and are recorded as deferred revenue on the accompanying condensed consolidated balance sheets.

 

Transaction price allocated to remaining performance obligations

 

The Company does not disclose the transaction price allocated to remaining performance obligations because subscription and advertising contracts have an original expected term of one year or less.