XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.26.1

Business Combination (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed | The following table summarizes the final purchase price allocation to the identifiable assets acquired and liabilities assumed as of the Closing Date (in thousands):
Fair value of consideration transferred |  | $ | 1,347,599 |
Estimated fair value of assets acquired and liabilities assumed: |  |
Cash and cash equivalents |  | 261,909 |
Accounts receivable, net |  | 77,715 |
Prepaid sports rights |  | 25,978 |
Prepaid and other current assets |  | 19,569 |
Property and equipment |  | 5,698 |
Restricted cash |  | 6,148 |
Intangible assets |  | 456,193 |
Right-of-use assets |  | 34,301 |
Other non-current assets |  | 11,816 |
Accounts payable, accrued expenses, and other current liabilities |  | (340,072) |
Deferred revenue |  | (99,575) |
Convertible notes - current |  | (144,765) |
Long-term borrowings - current portion |  | (696) |
Lease liabilities - current |  | (2,799) |
Convertible notes - non-current |  | (237,379) |
Deferred tax liabilities |  | (1,211) |
Lease liabilities - non-current |  | (31,502) |
Other long-term liabilities |  | (11,977) |
Total estimated fair value of net assets acquired |  | 29,351 |
Estimated goodwill |  | 1,318,248 |
Schedule of Business Combination, Pro Forma Information | The following table presents the unaudited pro forma results of operations as if the Business Combination had occurred as of October 1, 2024:
|  |  |  | Three Months Ended |  | Nine Months Ended
|  |  |  | June 28, 2025 |  | June 30, 2026 |  | June 28, 2025
Pro forma revenue |  |  |  | $ | 1,483,785 |  |  | $ | 4,738,701 |  |  | $ | 4,636,540 |
Pro forma net (loss) income |  |  |  | $ | (71,970) |  |  | $ | (78,305) |  |  | $ | (81,773) |

X
- Definition Tabular disclosure of pro forma revenue and earnings for business combination or aggregate of series of individually immaterial business combinations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-8 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 49 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479303/805-10-55-49 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration