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Segment Information (Tables)

6 Months Ended

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	)

X

- 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

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- References

No definition available.

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