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Equity and Net Loss Per Share (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity and Net Loss Per Share [Abstract] |
Schedule of Weighted Average Shares of Common Stock Outstanding | The weighted average shares of common stock outstanding for the three and six months ended June 30, 2024 used to determine the Company’s Net income per share reflects the following:
|  | For three months ended |  |  | For six months ended |
(amounts in thousands, except number of shares and amount per share) |  | June 30, 2024 |  |  | June 30, 2024 |
Numerator: |  |  |  |  |  |
Net income |  |  | 8,028 |  |  |  | 122,052 |
Net income attributable to noncontrolling interests |  |  | 6,794 |  |  |  | 103,648 |
Net income available to Class A common stockholders |  |  | 1,234 |  |  |  | 18,404 |
Adjustment for dilutive earnout units at Falcon’s Beyond Global, LLC |  |  | (1,174 | ) |  |  | (5,055 | )
Dilutive net income attributable to Class A common stockholders |  |  | 60 |  |  |  | 13,349 |
Denominator: |  |  |  |  |  |  |  |
Weighted average Class A common stock outstanding – basic |  |  | 10,008,941 |  |  |  | 9,515,230 |
Adjustment for dilutive Class A earnout shares |  |  | 57,692 |  |  |  | 216,346 |
Weighted average Class A common stock outstanding – diluted |  |  | 10,066,633 |  |  |  | 9,731,576 |
Net income per Class A common share – basic: |  |  | 0.12 |  |  |  | 1.93 |
Net income per Class A common share – diluted: |  |  | 0.01 |  |  |  | 1.37 |
Schedule of Anti-Dilutive or Issuance of Such Shares | The following securities were not included in the computation because the effect would be anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
|  | For the three months ended |  |  | For the six months ended |
|  | June 30, 2024 |  |  | June 30, 2024 |
Class A earnout shares |  |  | 1,437,500 |  |  |  | 1,312,500 |
Class B earnout shares |  |  | 56,062,500 |  |  |  | 51,187,500 |
Warrants to purchase common stock |  |  | 5,198,420 |  |  |  | 5,198,420 |
RSUs |  |  | 966,630 |  |  |  | 966,630 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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