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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Information [Abstract] |
Schedule of Reportable Segments Measure of Profit and Loss is Earnings Before Interest, Taxes, Foreign Exchange Gain (Loss) | Reportable segments’ measure of profit and loss is earnings before interest, taxes, foreign exchange gain (loss), impairments, depreciation and amortization and change in fair values in warrant and earnout liabilities. See Note 7 – Related party transactions for transactions between the Company’s wholly-owned businesses and equity method investments.
|  | Three months ended June 30, 2024 |
|  | Falcon’s |  |  | Falcon’s Beyond Destinations |  |  | Falcons |  |  |  |  |  | Unallocated |  |  |  |
|  | Creative Group |  |  | Destination Operations |  |  | PDP |  |  | Beyond Brands |  |  | Intersegment eliminations |  |  | corporate overhead |  |  | Total |
Revenue |  | $ |  |  |  | $ | 101 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,697 |  |  | $ | 1,798 |
Share of gain or (loss) from equity method investments |  |  | 988 |  |  |  | 76 |  |  |  | 656 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,720 |
Segment income (loss) from operations |  |  | 988 |  |  |  | (339 | ) |  |  | 656 |  |  |  | (794 | ) |  |  | - |  |  |  | (2,309 | ) |  |  | (1,798 | )
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (438 | )
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 |
Change in fair value of warrant liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,599 | )
Change in fair value of earnout liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13,006 |
Foreign exchange transaction loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (144 | )
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 8,028 |
|  | Three months ended June 30, 2023 |
|  | Falcon’s |  |  | Falcon’s Beyond Destinations |  |  | Falcons |  |  |  |  |  | Unallocated |  |  |  |
|  | Creative Group |  |  | Destination Operations |  |  | PDP |  |  | Sierra Parima |  |  | Beyond Brands |  |  | Intersegment eliminations |  |  | corporate overhead |  |  | Total |
Revenue |  | $ | 5,245 |  |  | $ | 106 |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | (33 | ) |  | $ | — |  |  | $ | 5,322 |
Share of gain or (loss) from equity method investments |  |  | — |  |  |  | 126 |  |  |  | 284 |  |  |  | (1,264 | ) |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | (856 | )
Segment income (loss) |  |  | (315 | ) |  |  | (251 | ) |  |  | 284 |  |  |  | (1,264 | ) |  |  | (1,223 | ) |  |  | (16 | ) |  |  | (5,480 | ) |  |  | (8,265 | )
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (174 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (295 | )
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 |
Foreign exchange transaction loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (129 | )
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 16 |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (8,802 | )
|  | Six months ended June 30, 2024 |
|  | Falcon’s |  |  | Falcon’s Beyond Destinations |  |  | Falcons |  |  |  |  |  | Unallocated |  |  |  |
|  | Creative Group |  |  | Destination Operations |  |  | PDP |  |  | Beyond Brands |  |  | Intersegment eliminations |  |  | corporate overhead |  |  | Total |
Revenue |  | $ | - |  |  | $ | 99 |  |  | $ |  |  |  | $ |  |  |  | $ |  |  |  | $ | 3,215 |  |  | $ | 3,314 |
Share of gain from equity method investments |  |  | 1,521 |  |  |  | 163 |  |  |  | 1,190 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,874 |
Segment income (loss) from operations |  |  | 1,521 |  |  |  | (753 | ) |  |  | 1,190 |  |  |  | (1,457 | ) |  |  |  |  |  |  | (6,457 | ) |  |  | (5,956 | )
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3 | )
Loss on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (707 | )
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 |
Change in fair value of warrant liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,391 | )
Change in fair value of earnout liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 131,621 |
Foreign exchange transaction loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (517 | )
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 122,052 |
|  | Six months ended June 30, 2023 |
|  | Falcon’s |  |  | Falcon’s Beyond Destinations |  |  | Falcons |  |  |  |  |  | Unallocated |  |  |  |
|  | Creative Group |  |  | Destination Operations |  |  | PDP |  |  | Sierra Parima |  |  | Beyond Brands |  |  | Intersegment eliminations |  |  | corporate overhead |  |  | Total |
Revenue |  | $ | 13,247 |  |  | $ | 106 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,481 |  |  | $ | (318 | ) |  | $ | — |  |  | $ | 14,516 |
Share of gain or (loss) from equity method investments |  |  |  |  |  |  | 128 |  |  |  | 375 |  |  |  | (2,636 | ) |  |  |  |  |  |  | (2 | ) |  |  |  |  |  |  | (2,135 | )
Segment income (loss) |  |  | (728 | ) |  |  | (798 | ) |  |  | 375 |  |  |  | (2,636 | ) |  |  | (1,094 | ) |  |  | (242 | ) |  |  | (11,981 | ) |  |  | (17,104 | )
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,516 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (566 | )
Other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 |
Foreign exchange transaction gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 470 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 19 |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (18,652 | )

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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