XML 39 R29.htm IDEA: XBRL DOCUMENT v3.21.2

Stockholders’ Equity (Tables)

9 Months Ended

Sep. 30, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Recognized Stock-Based Compensation Expense

During the three and nine months ended September 30, 2021 and 2020 the Company recognized stock-based compensation expense as follows:

Schedule of Recognized Stock-Based Compensation Expense

		Three Months Ended September 30,								Nine Months Ended September 30,
		2021				2020				2021				2020
Subscriber related		$	13			$	12			$	43			$	19
Sales and marketing			821				1,010				2,324				1,635
Technology and development			1,535				2,303				12,156				3,498
General and administrative			10,298				2,980				31,949				18,929
		$	12,667			$	6,305			$	46,472			$	24,081

Schedule of Stock Option Activity

A summary of stock option activity for the nine months ended September 30, 2021, is as follows (in thousands, except share and per share amounts):

Schedule of Stock Option Activity

fuboTV Inc.

Notes to the Condensed Consolidated Financial Statements
(Unaudited)

		Number of Shares				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life  (in years)
Outstanding as of December 31, 2020			13,450,565			$	5.45			$	303,036				8.1
Granted			220,099			$	21.52
Exercised			(1,798,817	)		$	1.42
Forfeited or expired			(193,539	)		$	7.27
Outstanding as of September 30, 2021			11,678,308			$	6.34			$	206,431				7.6
Options vested and exercisable as of September 30, 2021			6,263,429			$	4.42			$	122,474				6.9

Schedule of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity during the nine months ended September 30, 2021 is as follows:

Schedule of Restricted Stock Unit Activity 

		Number of Shares				Weighted Average Grant-Date Fair Value
Unvested at January 1, 2021			85,000			$	25.26
Granted			1,308,088			$	30.94
Vested			(61,708	)		$	33.04
Unvested at September 30, 2021			1,331,380			$	30.48

Summary of Outstanding Warrants Activity

A summary of the Company’s outstanding warrants as of September 30, 2021, are presented below (in thousands, except share and per share amounts):

Summary of Outstanding Warrants Activity 

		Number of Warrants				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2020			2,535,528			$	8.22			$	50,560				1.0
Exercised			(1,642,262	)		$	7.86			$	-				-
Outstanding as of September 30, 2021			893,266			$	8.87			$	13,877				0.3
Warrants exercisable as of September 30, 2021			893,266			$	8.87			$	13,877				0.3

Market And Service Condition Based Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity

A summary of activity under the Plan for market and service-based stock options for the nine months ended September 30, 2021 is as follows (in thousands, except share and per share amounts):

Schedule of Stock Option Activity 

		Number of Shares				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2020			3,078,297			$	9.69			$	56,351				6.3
Granted			1,375,000			$	19.59
Outstanding as of September 30, 2021			4,453,297			$	12.75			$	49,923				5.9
Options vested and exercisable as of September 30, 2021			3,078,297			$	9.69			$	43,914				5.6

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock units.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=FUBO_MarketAndServiceConditionBasedOptionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: