XML 64 R46.htm IDEA: XBRL DOCUMENT
v3.25.4

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Equity [Abstract] |
Schedule of Stock Option Activity | A summary of stock option activity for the year ended December 31, 2025 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, 2024 | 2,971 |  |  | $ | 11.82 |  |  | $ | 10,094 |  |  | 7.27
Granted | 524 |  |  | 6.83 |  |  | — |  |  |
Exercised | (41) |  |  | 5.51 |  |  | 69 |  |  |
Forfeited | (776) |  |  | 11.26 |  |  | 31 |  |  |
Outstanding at December 31, 2025 | 2,678 |  |  | 11.10 |  |  | — |  |  | 6.73
Options exercisable at December 31, 2025 | 1,743 |  |  | $ | 13.41 |  |  | $ | — |  |  | 5.70
A summary of performance stock option activity for the year ended December 31, 2025 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, 2024 | 298 |  |  | $ | 8.39 |  |  | $ | 1,490 |  |  | 9.38
Forfeited | (298) |  |  | 8.39 |  |  | — |  |  |
Outstanding at December 31, 2025 | — |  |  | — |  |  | — |  |  | 0.00
Options exercisable at December 31, 2025 | — |  |  | $ | — |  |  | $ | — |  |  | 0.00
Schedule of Restricted Stock Unit Activity | A summary of restricted stock unit activity for the year ended December 31, 2025 is as follows:
| Funko, Inc. Restricted Stock Units |  | Weighted Average Grant Date Fair Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (years)
Unvested at December 31, 2024 | 2,632 |  |  | $ | 9.10 |  |  | 2.76
Granted | 2,459 |  |  | 5.01 |  |  |
Vested | (978) |  |  | 7.05 |  |  |
Forfeited | (978) |  |  | 5.64 |  |  |
Unvested at December 31, 2025 | 3,135 |  |  | $ | 6.80 |  |  | 2.67
Schedule of Performance Stock Unit Activity | A summary of performance stock unit activity for the year ended December 31, 2025 is as follows:
| Funko, Inc. Performance Stock Units |  | Weighted Average Grant Date Fair Value |  | Remaining Contractual Life
| (in thousands) |  |  |  | (years)
Unvested at December 31, 2024 | 42 |  |  | $ | 12.89 |  |  | 1.00
Granted | 750 |  |  | 3.46 |  |  |
Vested | (3) |  |  | 17.09 |  |  |
Forfeited | (15) |  |  | 17.09 |  |  |
Unvested at December 31, 2025 | 774 |  |  | $ | 3.66 |  |  | 5.39
Schedule of Unvested Common Unit Activity | The following table presents information on stock option exercises (in thousands):
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
Cash received for exercise price | $ | 227 |  |  | $ | 1,410 |  |  | $ | 756 |
Intrinsic value | 69 |  |  | 915 |  |  | 559 |
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,
| 2025 |  | 2024 |  | 2023
Expected term (years) | 5.85 |  | 6.00 |  | 6.01
Expected volatility | 80.8 | % |  | 80.2 | % |  | 76.7 | %
Risk-free interest rate | 4.1 | % |  | 4.2 | % |  | 4.1 | %
Dividend yield | — | % |  | — | % |  | — | %

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration