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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenues $ 156,690 $ 61,202 $ 407,294 $ 112,669
Operating expenses        
Subscriber related expenses 143,370 61,228 377,177 114,315
Broadcasting and transmission 14,320 9,778 37,266 19,270
Sales and marketing 50,381 22,269 94,038 33,526
Technology and development 15,257 10,727 46,696 20,277
General and administrative 27,288 8,270 73,735 42,130
Depreciation and amortization 9,332 14,413 27,788 34,050
Impairment of intangible assets and goodwill 236,681 236,681
Total operating expenses 259,948 363,366 656,700 500,249
Operating loss (103,258) (302,164) (249,406) (387,580)
Other income (expense)        
Interest expense and financing costs (3,402) (2,203) (10,031) (18,109)
Amortization of debt discount (4,138) (10,693)
Loss on issuance of common stock and warrants (13,507)
Gain on sale of assets 7,631 7,631
Gain (loss) on extinguishment of debt 1,321 (380) (9,827)
Loss on deconsolidation of Nexway (11,919)
Change in fair value of warrant liabilities 4,490 4,543 (2,114) 9,143
Change in fair value of subsidiary warrant liabilities 3
Change in fair value of shares settled liability (1,665)
Change in fair value of derivative liability 101 (426)
Change in fair value of profit share liability (148)
Unrealized gain on equity method investment 2,614
Foreign currency exchange loss (1,010)
Other income (expense) (72) 583 (90) 147
Total other income (expense) (3,122) 11,976 (23,308) (37,073)
Loss before income taxes (106,380) (290,188) (272,714) (424,653)
Income tax benefit 515 16,071 1,733 20,589
Net loss (105,865) (274,117) (270,981) (404,064)
Less: Net loss attributable to non-controlling interest 14 105 1,555
Net loss attributable to common stockholders $ (105,851) $ (274,117) $ (270,876) $ (402,509)
Net loss per share attributable to common stockholders        
Basic and diluted $ (0.74) $ (6.20) $ (2.02) $ (11.00)
Weighted average shares outstanding:        
Basic and diluted 142,529,770 44,199,709 133,941,485 36,577,183
Subscription [Member]        
Revenues        
Total revenues $ 138,119 $ 53,433 $ 359,601 $ 92,945
Advertising [Member]        
Revenues        
Total revenues 18,570 7,520 47,642 11,843
Other [Member]        
Revenues        
Total revenues $ 1 $ 249 $ 51 $ 7,881