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Equity and Net Loss Per Share (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

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 nine months ended September 30, 2024, used to determine the Company’s Net income per share reflects the retroactive treatment of the Stock Dividend, in addition to the following:

(amounts in thousands, except number of shares and amount per share)		For three months ended September 30, 2024			For nine months ended September 30, 2024
Numerator:
Net income		39,301			161,353
Net income attributable to noncontrolling interests		33,432			137,081
Net income available to Class A common stockholders		5,869			24,272
Adjustment for dilutive RSUs		—			1
Adjustment for dilutive earnout units at Falcon’s Beyond Global, LLC		(1,110	)		(6,162	)
Dilutive net income attributable to Class A common stockholders		4,759			18,111
Denominator:
Weighted average Class A common stock outstanding – basic		12,079,955			11,640,446
Adjustment for dilutive RSUs		991			330
Adjustment for dilutive Class A earnout shares		185,462			206,051
Weighted average Class A common stock outstanding – diluted		12,303,698			11,888,104
Net income per Class A common share – basic:		0.49			2.09
Net income per Class A common share – diluted:		0.39			1.52

Schedule of Effect would be Anti-Dilutive or Issuance

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 September 30, 2024		For the nine months ended September 30, 2024
Class A earnout shares		1,000,000		1,000,000
Class B earnout shares		39,000,000		39,000,000
Warrants to purchase common stock		5,198,420		5,198,420
RSUs		915,568		915,568

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 period from October 6, 2023 to December 31, 2023
Earnout shares		1,937,500
Warrants to purchase common stock		5,205,769
RSUs		1,127,196

Schedule of Treasury Stock Method to the Warrants and RSUs,

The weighted average shares outstanding for the year ended December 31, 2023 used to determine the Company’s Net loss per share reflects the retroactive treatment of the Stock Dividend, in addition to the following:

		For the period from October 6, 2023 to December 31, 2023
Numerator:
Net income/(loss)		(396,744	)
Net income/(loss) attributable to noncontrolling interests		(349,139	)
Net income/(loss) available to Class A common stock		(47,605	)
Denominator:
Weighted average Class A common stock outstanding – basic and diluted		8,514,245
Net income/(loss) per Class A common share – basic and diluted:		(5.59	)

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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

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-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
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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.

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-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
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Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

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-Name Accounting Standards Codification
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