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Acquisitions (Tables) (FaceBank Group, Inc. Pre-Merger) (10-K) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2020 | Dec. 31, 2019
Schedule of Assets Acquired and Liabilities Assumed | Any necessary adjustments will be finalized within one year from the date of acquisition (in thousands).
|  | Fair Value |
Assets acquired: |  |  |  |
Cash and cash equivalents |  | $ | 8,040 |
Accounts receivable |  |  | 5,831 |
Prepaid expenses and other current assets |  |  | 976 |
Property & equipment |  |  | 2,042 |
Restricted cash |  |  | 1,333 |
Other noncurrent assets |  |  | 397 |
Operating leases - right-of-use assets |  |  | 5,395 |
Intangible assets |  |  | 243,612 |
Deferred tax assets |  |  | 252 |
Goodwill |  |  | 493,847 |
Total assets acquired |  | $ | 761,725 |
Liabilities assumed |  |  |  |
Accounts payable |  | $ | 51,687 |
Accounts payable – due to related parties |  |  | 14,811 |
Accrued expenses and other current liabilities |  |  | 50,249 |
Accrued expenses and other current liabilities – due to related parties |  |  | 30,913 |
Long term borrowings - current portion |  |  | 5,625 |
Operating lease liabilities |  |  | 5,395 |
Deferred revenue |  |  | 8,809 |
Long-term debt, net of issuance costs |  |  | 18,125 |
Total liabilities assumed |  | $ | 185,614 |
Net assets acquired |  | $ | 576,111 |
Schedule of Pro Forma Information | . The following unaudited pro forma consolidated results of operations assume that the acquisition of fuboTV Pre-Merger was completed as of January 1, 2019 (in thousands, except per share data).
|  | Nine months ended September 30 |
|  | 2020 |  |  | 2019 |
Total revenues |  | $ | 163,716 |  |  | $ | 99,321 |
Net loss attributable to common stockholders |  | $ | (448,412 | ) |  | $ | (164,303 | )
FaceBank Group, Inc Pre-Merger [Member] | Evolution AI Corporation [Member] |  |
Schedule of Assets Acquired and Liabilities Assumed |  | The Company allocated the purchase consideration to the fair value of the assets acquired and liabilities assumed as summarized in the table below (in thousands except for share and per share amounts):
|  | Fair Value |
Consideration Paid: |  |  |  |
Series X Convertible Preferred Stock (1,000,000 shares at a fair value of $211.50 per share) |  | $ | 211,500 |
Purchase Price Allocation: |  |  |  |
Property and equipment |  |  | 22 |
Accounts payable |  |  | (2,291 | )
Accrued expenses |  |  | (3,205 | )
Notes payable (in default) |  |  | (3,634 | )
Warrant liability |  |  | (4,437 | )
Due to related parties and affiliates |  |  | (295 | )
Net liabilities assumed |  |  | (13,840 | )
Excess allocated to |  |  |  |
Human animation technologies |  |  | 123,436 |
Trademark and trade names |  |  | 7,746 |
Animation and visual effects technologies |  |  | 6,016 |
Digital asset library |  |  | 6,255 |
Intangible assets |  |  | 143,453 |
Deferred tax liability |  |  | (36,944 | )
Non- controlling interest |  |  | (29,224 | )
Goodwill |  |  | 148,055 |
Total Purchase Price |  | $ | 211,500 |
Schedule of Pro Forma Information |  | The following unaudited pro forma financial information presents combined results of operations as if the acquisition of Evolution AI Corporation and Pulse Evolution Corporation had occurred on January 1, 2018:
|  | Year Ended December 31, 2018 |
Operating Revenues |  | $ | 294 |
Net (Loss) Income |  | $ | (15,142 | )
Proforma EPS* - basic |  | $ | (0.78 | )
Proforma EPS* - dilutive |  | $ | (0.78 | )
*assumes Series X Preferred stock is converted into common stock
FaceBank Group, Inc Pre-Merger [Member] | Facebank AG [Member] |  |
Schedule of Assets Acquired and Liabilities Assumed |  | The following table summarizes the preliminary allocation of the purchase price to the assets acquired and liabilities assumed for the Facebank AG acquisition (in thousands):
Cash |  | $ | 329 |
Accounts receivable |  |  | 3,709 |
Property and equipment |  |  | 16 |
Investments |  |  | 5,671 |
Financial assets as fair value |  |  | 2,275 |
Intangible assets – customer relationships |  |  | 2,241 |
Intangible assets – intellectual property |  |  | 1,215 |
Intangible assets – trade names and trademarks |  |  | 843 |
Goodwill |  |  | 28,541 |
Accounts payable |  |  | (64 | )
Accrued expenses |  |  | (802 | )
Deferred taxes |  |  | (1,161 | )
Long-term borrowings |  |  | (22,863 | )
Stock purchase price |  | $ | 19,950 |
FaceBank Group, Inc Pre-Merger [Member] | Nexway AG [Member] |  |
Schedule of Assets Acquired and Liabilities Assumed |  | The following table summarizes the preliminary allocation of the purchase price to the assets acquired, liabilities assumed and noncontrolling interest for the Nexway AG Acquisition (in thousands):
Cash |  | $ | 4,152 |
Accounts receivable |  |  | 12,900 |
Prepaid expenses |  |  | 1,169 |
Inventory |  |  | 61 |
Property and equipment |  |  | 213 |
Intangible assets – customer relationships |  |  | 2,241 |
Intangible assets – intellectual property |  |  | 1,215 |
Intangible assets – trade names and trademarks |  |  | 843 |
Goodwill |  |  | 45,900 |
Right-of-use assets |  |  | 3,594 |
Accounts payable |  |  | (28,381 | )
Accrued expenses |  |  | (16,747 | )
Current portion of lease liability |  |  | (756 | )
Deferred income taxes |  |  | (450 | )
Other long-term liabilities |  |  | (193 | )
Lease liability |  |  | (2,838 | )
Long-term borrowings |  |  | (24,609 | )
Noncontrolling interests |  |  | (3,582 | )
Consideration transferred |  | $ | (5,268 | )
Schedule of Pro Forma Information |  | The following unaudited pro forma financial information for the year ended December 31, 2019 and 2018 presents combined results of operations as if the Nexway AG Acquisition had occurred on January 1, 2018 (in thousands):
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
Operating Revenues |  | $ | 14,928 |  |  | $ | 25,289 |
Net (Loss) Income |  | $ | (44,088 | ) |  | $ | (9,763 | )
Proforma EPS – basic and diluted |  | $ | (1.98 | ) |  | $ | (2.18 | )

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