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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Revenue $ 221,890 $ 130,884 $ 463,909 $ 250,604
Operating expenses        
Subscriber related expenses 218,900 120,500 464,561 233,807
Broadcasting and transmission 17,157 12,395 37,454 22,946
Sales and marketing 30,789 21,514 76,975 43,657
Technology and development 20,923 20,001 42,348 31,439
General and administrative 27,445 28,293 59,674 46,447
Depreciation and amortization 8,519 9,247 19,981 18,456
Impairment of goodwill 10,682 0 10,682 0
Total operating expenses 334,415 211,950 711,675 396,752
Operating loss (112,525) (81,066) (247,766) (146,148)
Other income (expense)        
Interest expense and financing costs (3,680) (4,175) (7,450) (6,629)
Amortization of debt discount (619) (4,043) (1,219) (6,555)
Loss on extinguishment of debt 0 (380) 0 (380)
Change in fair value of warrant liabilities 0 (6,019) (1,701) (6,604)
Other income (expense) 195 0 287 (18)
Total other income (expense) (4,104) (14,617) (10,083) (20,186)
Loss before income taxes (116,629) (95,683) (257,849) (166,334)
Income tax benefit 355 753 758 1,218
Net loss (116,274) (94,930) (257,091) (165,116)
Less: Net loss attributable to non-controlling interest 150 15 243 91
Net loss attributable to common stockholders (116,124) (94,915) (256,848) (165,025)
Other comprehensive income (loss)        
Foreign currency translation adjustment (844) 0 (2,215) 0
Comprehensive loss $ (116,968) $ (94,915) $ (259,063) $ (165,025)
Net loss per share attributable to common stockholders        
Basic loss per share (in usd per share) $ (0.63) $ (0.68) $ (1.50) $ (1.27)
Diluted loss per share (in usd per share) $ (0.63) $ (0.68) $ (1.50) $ (1.27)
Weighted average shares outstanding:        
Weighted-average common shares outstanding basic (in shares) 185,103,005 140,596,001 171,316,513 129,591,310
Weighted-average common shares outstanding diluted (in shares) 185,103,005 140,596,001 171,316,513 129,591,310
Subscription        
Revenues        
Revenue $ 199,943 $ 114,368 $ 419,111 $ 221,482
Advertising        
Revenues        
Revenue 22,020 16,466 45,172 29,072
Wagering        
Revenues        
Revenue (182) 0 (483) 0
Other        
Revenues        
Revenue $ 109 $ 50 $ 109 $ 50