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Intangible Assets and Goodwill (Tables) (FaceBank Group, Inc. Pre-Merger) (10-K) | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019
Schedule of Intangible Assets |  | The table below summarizes the Company’s intangible assets at September 30, 2020 and December 31, 2019 (in thousands):
|  |  |  |  | Weighted Average |  |  | September 30, 2020 |
|  | Useful Lives (Years) |  |  | Remaining Life (Years) |  |  | Intangible Assets |  |  | Intangible Asset Impairment |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 5 |  |  |  | 5 |  |  | $ | 123,436 |  |  |  | (79,884 | ) |  |  | (37,871 | ) |  | $ | 5,681 |
Trademark and trade names |  |  | 5 |  |  |  | 5 |  |  |  | 7,746 |  |  |  | (3,903 | ) |  |  | (2,379 | ) |  |  | 1,464 |
Animation and visual effects technologies |  |  | 5 |  |  |  | 5 |  |  |  | 6,016 |  |  |  | (1,868 | ) |  |  | (1,848 | ) |  |  | 2,300 |
Digital asset library |  |  | 5 |  |  |  | 5 |  |  |  | 7,536 |  |  |  | (1,830 | ) |  |  | (2,185 | ) |  |  | 3,522 |
Intellectual Property |  |  | 7 |  |  |  | - |  |  |  | 828 |  |  |  | (574 | ) |  |  | (254 | ) |  |  | - |
Customer relationships |  |  | 2 |  |  |  | 1.5 |  |  |  | 23,678 |  |  |  | - |  |  |  | (5,920 | ) |  |  | 17,758 |
fuboTV tradename |  |  | 9 |  |  |  | 8.5 |  |  |  | 38,197 |  |  |  | - |  |  |  | (2,122 | ) |  |  | 36,075 |
Software and technology |  |  | 9 |  |  |  | 8.5 |  |  |  | 181,737 |  |  |  | - |  |  |  | (10,097 | ) |  |  | 171,640 |
Total |  |  |  |  |  |  |  |  |  | $ | 389,174 |  |  | $ | (88,059 | ) |  | $ | (62,676 | ) |  | $ | 238,440 |
|  |  |  |  | Weighted Average |  |  | December 31, 2019 |
|  | Useful Lives (Years) |  |  | Remaining Life (Years) |  |  | Intangible Assets |  |  | Intangible Asset Impairment |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 7 |  |  |  | 6 |  |  | $ | 123,436 |  |  | $ | — |  |  | $ | (24,646 | ) |  | $ | 98,790 |
Trademark and trade names |  |  | 7 |  |  |  | 6 |  |  |  | 9,432 |  |  |  | (1,686 | ) |  |  | (1,549 | ) |  |  | 6,197 |
Animation and visual effects technologies |  |  | 7 |  |  |  | 6 |  |  |  | 6,016 |  |  |  | — |  |  |  | (1,203 | ) |  |  | 4,813 |
Digital asset library |  |  | 5-7 |  |  |  | 5.5 |  |  |  | 7,505 |  |  |  | — |  |  |  | (1,251 | ) |  |  | 6,254 |
Intellectual Property |  |  | 7 |  |  |  | 6 |  |  |  | 3,258 |  |  |  | (2,430 | ) |  |  | (236 | ) |  |  | 592 |
Customer relationships |  |  | 11 |  |  |  | 11 |  |  |  | 4,482 |  |  |  | (4,482 | ) |  |  | — |  |  |  | — |
Total |  |  |  |  |  |  |  |  |  | $ | 154,129 |  |  | $ | (8,598 | ) |  | $ | (28,885 | ) |  | $ | 116,646 |
Schedule of Intangible Assets Amortization Expense |  | The estimated future amortization expense associated with intangible assets is as follows (in thousands):
|  | Future Amortization |
2020 |  | $ | 9,731 |
2021 |  |  | 38,922 |
2022 |  |  | 30,043 |
2023 |  |  | 27,084 |
2024 |  |  | 27,010 |
Thereafter |  |  | 105,650 |
Total |  | $ | 238,440 |
Schedule of Goodwill |  | The following table is a summary of the changes to goodwill for the three and nine months ended September 30, 2020 (in thousands):
Balance - December 31, 2019 |  | $ | 227,763 |
Deconsolidation of Nexway |  |  | (51,168 | )
Balance - March 31, 2020 |  | $ | 176,595 |
Acquisition of fuboTV |  |  | 562,908 |
Less: transfer to asset held for sale |  |  | (28,541 | )
Balance - June 30, 2020 |  | $ | 710,962 |
Impairment expense |  |  | (148,622 | )
Measurement period adjustment on the fuboTV acquisition |  |  | (68,493 | )
Balance - September 30, 2020 |  | $ | 493,847 |
FaceBank Group, Inc Pre-Merger [Member] |  |  |
Schedule of Intangible Assets | The table below summarizes the Company’s intangible assets at March 31, 2020 (in thousands):
|  | Useful |  |  | Weighted Average |  |  | March 31, 2020 |
|  | Lives (Years) |  |  | Remaining Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 7 |  |  |  | 6 |  |  | $ | 123,436 |  |  |  | (29,054 | ) |  | $ | 94,382 |
Trademark and trade names |  |  | 7 |  |  |  | 6 |  |  |  | 7,746 |  |  |  | (1,826 | ) |  |  | 5,920 |
Animation and visual effects technologies |  |  | 7 |  |  |  | 6 |  |  |  | 6,016 |  |  |  | (1,418 | ) |  |  | 4,598 |
Digital asset library |  |  | 5-7 |  |  |  | 5.5 |  |  |  | 7,536 |  |  |  | (1,610 | ) |  |  | 5,926 |
Intellectual Property |  |  | 7 |  |  |  | 6 |  |  |  | 828 |  |  |  | (195 | ) |  |  | 633 |
Total |  |  |  |  |  |  |  |  |  | $ | 145,562 |  |  | $ | (34,103 | ) |  | $ | 111,459 |
|  | The table below summarizes the Company’s intangible assets at December 31, 2019 and 2018 (in thousands):
|  |  |  |  |  |  |  | December 31, 2019 |
|  | Useful Lives (Years) |  |  | Weighted Average Remaining Life (Years) |  |  | Intangible Assets |  |  | Intangible Asset Impairment |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 7 |  |  |  | 6 |  |  | $ | 123,436 |  |  | $ | - |  |  | $ | (24,646 | ) |  | $ | 98,790 |
Trademark and trade names |  |  | 7 |  |  |  | 6 |  |  |  | 9,432 |  |  |  | (1,686 | ) |  |  | (1,549 | ) |  |  | 6,197 |
Animation and visual effects technologies |  |  | 7 |  |  |  | 6 |  |  |  | 6,016 |  |  |  | - |  |  |  | (1,203 | ) |  |  | 4,813 |
Digital asset library |  |  | 5-7 |  |  |  | 5.5 |  |  |  | 7,505 |  |  |  | - |  |  |  | (1,251 | ) |  |  | 6,254 |
Intellectual Property |  |  | 7 |  |  |  | 6 |  |  |  | 3,258 |  |  |  | (2,430 | ) |  |  | (236 | ) |  |  | 592 |
Customer relationships |  |  | 11 |  |  |  | 11 |  |  |  | 4,482 |  |  |  | (4,482 | ) |  |  | - |  |  |  | - |
Total |  |  |  |  |  |  |  |  |  | $ | 154,129 |  |  | $ | (8,598 | ) |  | $ | (28,885 | ) |  | $ | 116,646 |
|  |  |  |  |  |  |  | December 31, 2018 |
|  | Useful Lives (Years) |  |  | Weighted Average Remaining Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 7 |  |  |  | 6.6 |  |  | $ | 123,436 |  |  | $ | (7,012 | ) |  | $ | 116,424 |
Trademark and trade names |  |  | 7 |  |  |  | 6.6 |  |  |  | 7,746 |  |  |  | (443 | ) |  |  | 7,303 |
Animation and visual effects technologies |  |  | 7 |  |  |  | 6.6 |  |  |  | 6,016 |  |  |  | (344 | ) |  |  | 5,672 |
Digital likeness development |  |  | 7 |  |  |  | 6.6 |  |  |  | 6,255 |  |  |  | (357 | ) |  |  | 5,898 |
Intellectual Property |  |  | 7 |  |  |  | 6.6 |  |  |  | 828 |  |  |  | (47 | ) |  |  | 781 |
Total |  |  |  |  |  |  |  |  |  | $ | 144,281 |  |  | $ | (8,203 | ) |  | $ | 136,078 |
Schedule of Intangible Assets Amortization Expense | The estimated future amortization expense associated with intangible assets is as follows (in thousands):
|  | Future Amortization |
2020 |  | $ | 15,652 |
2021 |  |  | 20,868 |
2022 |  |  | 20,868 |
2023 |  |  | 20,868 |
2024 |  |  | 20,795 |
Thereafter |  |  | 12,408 |
Total |  | $ | 111,459 |
|  | The estimated future amortization expense associated with intangible assets is as follows (in thousands):
|  | Future Amortization |
2020 |  | $ | 20,862 |
2021 |  |  | 20,862 |
2022 |  |  | 20,862 |
2023 |  |  | 20,862 |
2024 |  |  | 20,790 |
Thereafter |  |  | 12,408 |
Total |  | $ | 116,646 |
Schedule of Goodwill |  |  | The following table is a summary of the changes to goodwill for the year ended December 31, 2019 (in thousands) (as restated):
Balance - January 1, 2018 |  | $ | - |
Evolution AI Acquisition |  |  | 149,975 |
Balance - December 31, 2018 |  |  | 149,975 |
Nexway Acquisition |  |  | 51,168 |
Facebank AG Acquisition |  |  | 28,541 |
Measurement period adjustment for EAI acquisition |  |  | (1,921 | )
Balance - December 31, 2019 |  | $ | 227,763 |
* The Company recorded a measurement period adjustment related to its EAI acquisition to reduce acquisition date accrued expenses by $1.9 million, which resulted in a corresponding decrease to goodwill.

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