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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net loss $ (382,963,000) $ (599,392,000) $ (38,127,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 37,881,000 43,972,000 20,765,000
Stock-based compensation 63,796,000 50,739,000 1,118,000
Impairment expense intangibles 100,304,000 8,598,000
Impairment expense goodwill 0 148,622,000 (0)
Amortization of gaming licenses and market access fees 326,000
Issuance of common stock in connection with cancellation of a consulting agreement 13,000
Issuance of common stock for services rendered 302,000
Non-cash expense relating to issuance of warrants and common stock 2,209,000
Loss on deconsolidation of Nexway, net of cash retained by Nexway 8,564,000
Loss on extinguishment of debt 380,000 24,521,000
Loss on investments 8,281,000
Common stock issued in connection with note payable 67,000 47,000
Gain on sale of assets (7,631,000)
Amortization of debt discount 14,928,000 12,327,000 603,000
Deferred income tax benefit (2,681,000) (9,660,000) (5,272,000)
Change in fair value of derivative liability 426,000 (815,000)
Change in fair value of warrant liabilities (2,659,000) 83,338,000
Change in fair value of subsidiary warrant liability (4,504,000)
Change in fair value of shares settled liability 1,665,000
Change in fair value of profit share liability (1,971,000) 198,000
Unrealized gain on investment (2,614,000)
Amortization of right-of-use assets 1,444,000 681,000 200,000
Accrued interest on notes payable 246,000 658,000
Foreign currency loss 1,010,000 (770,000)
Other income related to note conversion (50,000)
Other adjustments 583,000 (620,000) (1,304,000)
Changes in operating assets and liabilities of business, net of acquisitions:      
Cash reserved for users (579,000)
Accounts receivable, net (15,058,000) (12,591,000) 7,705,000
Prepaid expenses and other assets (9,600,000) (2,141,000) (227,000)
Accounts payable 9,420,000 (39,141,000) 5,476,000
Accrued expenses and other liabilities 66,582,000 40,761,000 (964,000)
Due to related parties (665,000)
Deferred revenue 26,055,000 8,619,000
Lease liabilities (456,000) (663,000) (200,000)
Net cash (used in) provided by operating activities (192,601,000) (149,018,000) 1,731,000
Cash flows from investing activities      
Advance to fuboTV Pre-Merger (10,000,000)
Acquisition of fuboTV’s Pre-Merger cash and cash equivalents and restricted cash 9,373,000
Sale of Facebank AG (619,000)
Cash paid for acquisitions, net of cash acquired (22,894,000)
Purchases of property and equipment (5,054,000) (166,000) (175,000)
Payments of market access and license fee deposits (39,800,000)
Purchase of intangible assets (8,424,000) (45,000) (250,000)
Investment in Panda Productions (HK) Limited (1,000,000)
Acquisition of FaceBank AG and Nexway, net of cash paid 2,300,000
Sale of profits interest in investment in Panda Productions (HK) Limited 655,000
Lease security deposit (21,000)
Net cash (used in) provided by investing activities (76,172,000) (1,457,000) 1,509,000
Cash flows from financing activities      
Proceeds from sale of common stock and warrants, net of fees 140,446,000 278,883,000 3,589,000
Proceeds from issuance of preferred stock 700,000
Proceeds from convertible note, net of issuance costs 389,446,000 3,003,000 847,000
Repayments of convertible notes (3,913,000) (541,000)
Proceeds from exercise of stock options 3,013,000 2,178,000
Proceeds from the exercise of warrants 3,762,000 1,685,000
Proceeds from notes payable and long-term borrowings 33,649,000
Repayments of notes payable and long-term borrowings (24,709,000) (35,400,000) (264,000)
Proceeds from the issuance of Series D Preferred Stock 203,000
Redemption of Series D Preferred Stock (883,000) (337,000)
Proceeds from sale of subsidiary’s common stock 92,000
Proceeds from related parties 423,000
Repayments to related parties (333,000) (156,000)
Net cash provided by financing activities 511,958,000 279,072,000 4,353,000
Net increase in cash, cash equivalents and restricted cash 243,185,000 128,597,000 7,593,000
Cash, cash equivalents and restricted cash at beginning of period 136,221,000 7,624,000 31,000
Cash, cash equivalents and restricted cash at end of period 379,406,000 136,221,000 7,624,000
Supplemental disclosure of cash flows information:      
Interest paid 8,017,000 5,372,000 170,000
Income tax paid
Non cash financing and investing activities:      
Conversion of Series AA preferred stock to common stock 406,665,000 159,459,000
Issuance of convertible preferred stock for Merger 566,124,000
Reclassification of warrant liabilities to equity 13,535,000
Issuance of common stock to original owners of Facebank AG 12,395,000
Issuance of common stock in connection with acquisitions 107,053,000 19,950,000
Reclass of shares settled liability to additional paid-in capital for issuance of common stock 9,097,000
Reclass of shares settled liability for intangible asset to stock-based compensation 1,000,000
Issuance of treasury stock in connection with acquisitions 8,538,000
Cashless exercise of warrants 16,480,000 98,132,000
Accrued expenses - At-the-market offering 51,000
Common stock issued in connection with note payable 259,000
Issuance of common stock in connection with note conversion 50,000
Issuance of common stock - subsidiary share exchange 2,042,000
Deconsolidation of Nexway 1,825,000
Issuance of common stock in connection with Panda Investment 1,918,000
Long-term borrowings related to investment 5,443,000
Measurement period adjustment on the Evolution AI Corporation acquisition 1,921,000
Common stock issued for lease settlement 130,000
Unpaid financing costs included in accounts payable 772,000
Accrued Series D Preferred Stock dividends 17,000 14,000
Shares settled liability for intangible asset - Floyd Mayweather 1,000,000
Deemed dividend related to immediate accretion of redemption feature of convertible preferred stock $ 171,000 $ 589,000