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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss $ (270,981) $ (404,064)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 27,788 34,050
Stock-based compensation 46,472 24,081
Impairment expense intangibles 88,059
Impairment expense goodwill 148,622
Loss on deconsolidation of Nexway, net of cash retained by Nexway 8,564
Loss on issuance of common stock and warrants 13,507
Loss on extinguishment of debt 380 9,827
Common stock issued in connection with note payable 67
Gain on sale of assets (7,631)
Non-cash expense relating to issuance of warrants and common stock 2,209
Amortization of debt discount 10,693 12,271
Deferred income tax benefit (1,733) (20,589)
Change in fair value of derivative liability 426
Change in fair value of warrant liabilities 2,114 (9,146)
Change in fair value of shares settled liability 1,665
Change in fair value of profit share liability 148
Unrealized gain on investment (2,614)
Amortization of right-of-use assets 984 434
Accrued interest on notes payable 244
Foreign currency loss 1,010
Other adjustments 449 (56)
Changes in operating assets and liabilities of business, net of acquisitions:    
Accounts receivable, net (8,637) (2,071)
Prepaid expenses and other assets (10,587) (10,558)
Accounts payable 21,341 7,881
Accrued expenses 21,029 (11,569)
Due to related parties 36,589
Deferred revenue 18,466 6,615
Lease liabilities (808) (421)
Net cash used in operating activities (143,030) (72,450)
Cash flows from investing activities    
Advance to fuboTV Pre-Merger (10,000)
Acquisition of fuboTV’s Pre-Merger cash and cash equivalents and restricted cash 9,373
Sale of Facebank AG (619)
Cash paid for acquisition (1,740)
Purchases of property and equipment (3,862) (103)
Purchase of intangible assets (30,071)
Net cash used in investing activities (35,673) (1,349)
Cash flows from financing activities    
Proceeds from sale of common stock and warrants, net of fees 97,142
Proceeds from the issuance of common stock / At-the-market offering 71,846
Offering costs for the issuance of common stock / At-the-market offering (1,876)
Proceeds from convertible note, net of issuance costs 389,446 3,003
Proceeds from exercise of stock options 2,546 324
Proceeds from the exercise of warrants 3,761
Repayments of convertible notes (3,913)
Proceeds from notes payable and long-term borrowings 33,649
Repayments of notes payable and long-term borrowings (24,709) (22,550)
Proceeds from the issuance of Series D Preferred Stock 203
Redemption of Series D Preferred Stock (883)
Repayments of note payable related party (333)
Repayments to related parties (328)
Net cash provided by financing activities 441,014 106,314
Net increase in cash, cash equivalents and restricted cash 262,311 32,515
Cash, cash equivalents and restricted cash at beginning of period 136,221 7,624
Cash, cash equivalents and restricted cash at end of period 398,532 40,139
Supplemental disclosure of cash flows information:    
Interest paid 7,670 6,161
Non cash financing and investing activities:    
Conversion of Series AA preferred stock to common stock 406,665
Issuance of convertible preferred stock for Merger 566,124
Issuance of common stock to original owners of Facebank AG 12,395
Reclass of shares settled liability to additional paid-in capital for issuance of common stock 9,054
Reclass of shares settled liability for intangible asset to stock-based compensation 1,000
Issuance of treasury stock in connection with acquisition 8,538
Cashless exercise of warrants 16,480
Accrued expenses - At-the-market offering 146
Common stock issued in connection with note payable 259
Issuance of common stock - subsidiary share exchange 2,042
Accrued Series D Preferred Stock dividends 17
Deemed dividend related to immediate accretion of redemption feature of convertible preferred stock $ 171