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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2026
Mar. 29, 2025
Cash flows from operating activities    
Net loss $ (25,270) $ (79,501)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 60,240 0
Stock-based compensation 22,882 0
Amortization of debt premium, net (7,764) 0
Deferred income tax provision 192 0
Amortization of right-of-use assets 1,306 0
Changes in operating assets and liabilities of business:    
Accounts receivable, net (525,032) 740
Prepaid and other assets (14,320) 0
Accounts payable 3,364 0
Accrued expenses and other liabilities 104,264 (11,282)
Deferred revenue (31,090) 0
Lease liabilities (1,155) 0
Net cash used in operating activities (412,383) (90,043)
Cash flows from investing activities    
Acquisition of Fubo, net of cash acquired 268,057 0
Purchases of property and equipment (599) 0
Capitalization of internal use software (5,745) 0
Net cash provided by investing activities 261,713 0
Cash flows from financing activities    
Proceeds from the issuance of common stock 95 0
Pre-combination net contributions from Disney 394,499 90,043
Proceeds from note payable - related party 145,000
Repayment of convertible notes 144,765 0
Proceeds from exercise of stock options 39 0
Payment for cancellation of fractional shares (2) 0
Repayments of notes payable and long-term borrowings (237) 0
Net cash provided by financing activities 394,629 90,043
Net increase in cash, cash equivalents and restricted cash 243,959 0
Cash, cash equivalents and restricted cash at beginning of period 0 0
Cash, cash equivalents and restricted cash at end of period 243,959 0
Supplemental disclosure of cash flows information:    
Interest paid 9,847 0
Income taxes paid 462 0
Non-cash financing and investing activities:    
Redeemable non-controlling interest 1,843,003 0
Unpaid property and equipment included in accounts payable $ 278 $ 0