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Summary of Significant Accounting Policies (Tables) (FaceBank Group, Inc. Pre-Merger)

3 Months Ended

9 Months Ended

12 Months Ended

Mar. 31, 2020

Sep. 30, 2020

Dec. 31, 2019

Schedule of Deferred Tax Liability

The following is a rollforward of the Company’s deferred tax liability from January 1, 2020 to September 30, 2020 (in thousands):

Balance at December 31, 2019		$	30,879
Income tax benefit (associated with the amortization of intangible assets)			(1,038	)
Deconsolidation of Nexway			(1,162	)
Balance at March 31, 2020		$	28,679
Acquisition of fuboTV Pre-Merger			65,613
Income tax benefit (associated with the amortization of intangible assets)			(3,498	)
Balance at June 30, 2020		$	90,794
Income tax benefit (associated with the amortization of intangible assets)			(16,071	)
Measurement period adjustment			(65,295	)
Balance at September 30, 2020		$	9,428

Schedule of Revenues from Contracts with Customers Disaggregated by Major Business Activity

The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands):

		Three Months Ended September 30								Nine months ended September 30
		2020				2019				2020				2019
Subscriptions		$	53,433			$	-			$	92,945			$	-
Advertisements			7,520				-				11,843				-
Software licenses, net – Nexway eCommerce Solutions			-				5,834				7,295				5,834
Other			249				-				586				-
Total revenue		$	61,202			$	5,834			$	112,669			$	5,834

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

		September 30,				September 30,
		2020				2019
Common stock purchase warrants			9,538,533				200,007
Series AA convertible preferred shares			64,648,724				-
Series D convertible preferred shares			-				455,233
Stock options			17,952,213				16,667
Convertible notes variable settlement feature			-				609,491
Total			92,139,470				1,281,398

FaceBank Group, Inc Pre-Merger [Member]

Schedule of Estimated Useful Life of Intangible Assets

The Company’s intangible assets represent definite lived intangible assets, which are being amortized on a straight- line basis over their estimated useful lives as follows:

Human animation technologies			7 years
Trademark and trade names			7 years
Animation and visual effects technologies			7 years
Digital asset library			5-7 years
Intellectual Property			7 years
Customer relationships			11 years

Schedule of Deferred Tax Liability

The following is a rollforward of the Company’s deferred tax liability from January 1, 2020 to March 31, 2020 (in thousands):

		March 31, 2020
Beginning balance		$	30,879
Income tax benefit (associated with the amortization of intangible assets)			(1,038	)
Deconsolidation of Nexway			(1,162	)
Ending balance		$	28,679

The components of our deferred tax assets are as follows ($ in thousands).

		December 31,
		2019				2018
Deferred Tax Assets:
Net operating losses		$	-			$	1,042
Accrued compensation			-				205
Depreciation and amortization			-				13
Other			-				5
Total deferred tax assets			-				1,265
Less: Valuation allowance			-				(1,265	)
Net Deferred Tax Assets:		$	-			$	-
Deferred Tax Liabilities:
Intangible assets		$	(30,879	)		$	(35,000	)
Net Deferred Tax Liability		$	(30,879	)		$	(35,000	)

Schedule of Revenues from Contracts with Customers Disaggregated by Major Business Activity

The following presents our revenues from contracts disaggregated by major business activity (in thousands):

		Year Ended December 31, 2019
Nexway eCommerce Solutions		$	3,359
Nexway Academics			912
Total		$	4,271

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

		March 31,				March 31,
		2020				2019
Common stock purchase warrants			200,007				200,007
Series D Preferred Stock shares			456,000				-
Stock options			16,667				16,667
Convertible notes variable settlement feature			311,111				577,503
Total			983,785				794,177

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

		December 31,
		2019				2018
Common stock purchase warrants			200,007				7
Series D convertible preferred shares			461,839				-
Series X convertible preferred shares			-				15,000,000
Stock options			16,667				16,667
Convertible notes variable settlement feature			190,096				196,243
Total			868,609				15,212,917

Schedule of Revenue Classified by the Major Geographic Areas

Revenues, classified by the major geographic areas in which our customers were located, were as follows (in thousands):

		Revenues
Europe		$	4,049
United States			222
Total		$	4,271

FaceBank Group, Inc Pre-Merger [Member] | EAI Acquisition [Member]

Schedule of Deferred Tax Liability

The following is a rollforward of the Company’s deferred tax liability from January 1, 2019 to December 31, 2019 (in thousands):

		December 31, 2019				December 31, 2018
Beginning balance		$	35,000			$	-
Evolution AI acquisition			-				36,937
Namegames acquisition			-				177
Facebank acquisition			1,151				-
Nexway acquisition			450				-
Impairment of Nexway intangible assets			(450	)			-
Income tax benefit (associated with the amortization of intangible assets)			(5,272	)			(2,114	)
Ending balance		$	30,879			$	35,000

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