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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Stock Option Activity | A summary of stock option activity for the year ended December 31, 2023 is as follows:
| Funko, Inc. Stock Options |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (in thousands) |  | (years)
Outstanding at December 31, 2022 | 3,860 |  |  | $ | 15.40 |  |  | $ | 3,455 |  |  | 7.21
Granted | 874 |  |  | 10.90 |  |  | — |  |  |
Exercised | (162) |  |  | 4.61 |  |  | 559 |  |  |
Forfeited | (1,676) |  |  | 15.67 |  |  | 704 |  |  |
Outstanding at December 31, 2023 | 2,896 |  |  | 14.49 |  |  | 845 |  |  | 6.84
Options exercisable at December 31, 2023 | 1,811 |  |  | $ | 14.90 |  |  | $ | 770 |  |  | 5.72
A summary of FAH, LLC stock option activity for the year ended December 31, 2023 is as follows:
| FAH, LLC Stock Options |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (in thousands) |  | (years)
Outstanding at December 31, 2022 | 146 |  |  | $ | 0.05 |  |  | $ | 1,590 |  |  | 0.41
Exercised | (146) |  |  | 0.05 |  |  | 1,078 |  |  |
Outstanding at December 31, 2023 | — |  |  | — |  |  | — |  |  | 0.00
Options exercisable at December 31, 2023 | — |  |  | $ | — |  |  | $ | — |  |  | 0.00
Schedule of Restricted Stock Unit Activity | A summary of restricted stock unit activity for the year ended December 31, 2023 is as follows:
| Funko, Inc. Restricted Stock Units |  | Weighted Average Grant Date Fair Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (years)
Unvested at December 31, 2022 | 2,719 |  |  | $ | 16.82 |  |  | 2.86
Granted | 1,273 |  |  | 9.38 |  |  |
Vested | (1,426) |  |  | 12.59 |  |  |
Forfeited | (718) |  |  | 15.58 |  |  |
Unvested at December 31, 2023 | 1,848 |  |  | $ | 12.51 |  |  | 2.52
Schedule of Performance Stock Unit Activity | A summary of performance stock unit activity for the year ended December 31, 2023 is as follows:
| Funko, Inc. Performance Stock Units |  | Weighted Average Grant Date Fair Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (years)
Unvested at December 31, 2022 | 67 |  |  | $ | 17.09 |  |  | 2.00
Granted | 114 |  |  | 9.77 |  |  |
Vested | (12) |  |  | 17.09 |  |  |
Forfeited | (56) |  |  | 13.01 |  |  |
Unvested at December 31, 2023 | 113 |  |  | $ | 12.10 |  |  | 1.75
Schedule of Unvested Common Unit Activity | The following table presents information on stock option exercises (in thousands):
| Year ended December 31,
| 2023 |  | 2022 |  | 2021
Cash received for exercise price | $ | 756 |  |  | $ | 1,472 |  |  | $ | 3,794 |
Intrinsic value | 559 |  |  | 1,042 |  |  | 2,543 |
Schedule of Option Pricing Model Inputs | For each of the options granted under the 2017 Plan and 2019 Plan, the following were the weighted-average of the option pricing model inputs:
| Year ended December 31,
| 2023 |  | 2022 |  | 2021
Expected term (years) | 6.01 |  | 6.05 |  | 6.06
Expected volatility | 76.7 | % |  | 63.6 | % |  | 48.6 | %
Risk-free interest rate | 4.1 | % |  | 2.2 | % |  | 1.0 | %
Dividend yield | — | % |  | — | % |  | — | %

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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