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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2024 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, 20232,896 $14.49 $845 6.84
Granted1,172 6.89 — 
Exercised(229)6.16 915 
Forfeited(868)15.57 111 
Outstanding at December 31, 20242,971 11.82 10,094 7.27
Options exercisable at December 31, 20241,464 $15.30 $1,861 5.59
A summary of performance stock option activity for the year ended December 31, 2024 is as follows:
Funko, Inc.
Performance Stock Options
Weighted
Average
Exercise Price
Aggregate
Intrinsic
Value
Remaining
Contractual
Life
(in thousands)(years)
Outstanding at December 31, 2023— $— $— 0.00
Granted298 8.39 — 
Outstanding at December 31, 2024298 8.39 1,490 9.38
Options exercisable at December 31, 2024— $— $— 0.00
Schedule of Restricted Stock Unit Activity
A summary of restricted stock unit activity for the year ended December 31, 2024 is as follows:
Funko, Inc.
Restricted Stock Units
Weighted Average
Grant Date Fair Value
Remaining
Contractual
Life
(in thousands)(years)
Unvested at December 31, 20231,848 $12.51 2.86
Granted2,084 7.15 
Vested(992)10.44 
Forfeited(308)10.16 
Unvested at December 31, 20242,632 $9.10 2.76
Schedule of Performance Stock Unit Activity
A summary of performance stock unit activity for the year ended December 31, 2024 is as follows:
Funko, Inc.
Performance Stock Units
Weighted Average
Grant Date Fair Value
Remaining
Contractual
Life
(in thousands)(years)
Unvested at December 31, 2023113 $12.10 1.75
Granted— — 
Vested(3)17.09 
Forfeited(68)11.40 
Unvested at December 31, 202442 $12.89 1.00
Schedule of Unvested Common Unit Activity
The following table presents information on stock option exercises (in thousands):
Year ended December 31,
202420232022
Cash received for exercise price$1,410 $756 $1,472 
Intrinsic value915 559 1,042 
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,
202420232022
Expected term (years)6.006.016.05
Expected volatility80.2 %76.7 %63.6 %
Risk-free interest rate4.2 %4.1 %2.2 %
Dividend yield— %— %— %