Business Combination (Tables)

12 Months Ended

Dec. 31, 2024

Business Combination [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The purchase consideration and estimated fair value assessment of the assets acquired and liabilities assumed is as follows:

		Amount
Consideration:
Triller Group common stock issued, at a fair value of $5.60 per share		$	467,424
Triller Group common stock issued held in escrow account, at a fair value of $5.60 per share			135,555
Triller Group Series A-1 preferred stock, at a fair value of $5.60 per share			132,181
Triller Group Replacement warrants at fair value (a)			50,573
Total consideration		$	785,733

Fair value of assets acquired:
Cash and cash equivalents		$	1,175
Accounts receivable, net			2,178
Other current assets			253
Intangible assets			911
Amounts attributable to assets acquired			4,517

Fair value of liabilities assumed:
Accounts payable, accrued expenses and other current liabilities			122,002
Earn-out liability			5,000
Related party advances			30,401
Borrowings			13,100
Convertible debts			54,059
Amounts attributable to liabilities assumed			224,562
Net assets acquired, liabilities assumed		$	(220,045	)
Goodwill			1,005,778

(a)

Valuation analysis relied upon the usage of market data and the Black-Scholes Model in order to determine the fair value of the Replacement Warrants. Market data, including risk-free rates, stock price, and volatility was obtained from the S&P Global Market Intelligence database. Replacement Warrants that were out-of-the-money were valued utilizing the Black-Scholes Model and the full contractual term to expiration of the relevant Replacement Warrants. Replacement Warrants that were significantly in-the-money were valued using intrinsic value.

Schedule of Acquired Intangible Assets and Estimated Useful Lives

The following table summarizes the components of the acquired intangible assets and estimated useful lives:

		Intangible Assets				Estimated Useful Life
Trademarks and trade names		$	240				5 years
Customer relationships – business enterprises			436				2 years
Customer relationships – consumer subscriptions			235				2 years
Total intangible assets acquired		$	911

Schedule of Pro Forma Amounts

The following table provides unaudited pro forma information as if Triller Corp had merged with the Company as of January 1, 2023. The unaudited pro forma information reflects adjustments for additional amortization resulting from the fair value adjustments to the assets acquired and liabilities assumed, adjustments for alignment of accounting policies, and transaction expenses as if the Merger occurred on January 1, 2023. The pro forma results do not include any anticipated cost synergies or other effects of the integrated merged companies. Accordingly, pro forma amounts are not necessarily indicative of the results that would have occurred had the Merger Transaction been completed on the dates indicated, nor is it indicative of the future operating results of the combined company.

		For the years ended December 31,
		2024				2023
Pro forma revenue		$	63,281			$	99,734
Pro forma net loss		$	234,440			$	347,963