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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Revenue $ 224,813 $ 156,690 $ 688,722 $ 407,294
Operating expenses        
Subscriber related expenses 214,466 143,370 679,027 377,177
Broadcasting and transmission 16,608 14,320 54,062 37,266
Sales and marketing 57,975 50,381 134,950 94,038
Technology and development 20,129 15,257 62,477 46,696
General and administrative 21,989 27,288 81,663 73,735
Depreciation and amortization 8,521 9,332 28,502 27,788
Impairment of goodwill, intangible assets and other long-lived assets 35,454 0 46,136 0
Total operating expenses 375,142 259,948 1,086,817 656,700
Operating loss (150,329) (103,258) (398,095) (249,406)
Other income (expense)        
Interest expense (net) and financing costs (2,792) (3,402) (10,242) (10,031)
Amortization of debt discount (625) (4,138) (1,844) (10,693)
Loss on extinguishment of debt 0 0 0 (380)
Change in fair value of warrant liabilities 0 4,490 (1,701) (2,114)
Other income (expense) 608 (72) 895 (90)
Total other income (expense) (2,809) (3,122) (12,892) (23,308)
Loss before income taxes (153,138) (106,380) (410,987) (272,714)
Income tax benefit 392 515 1,150 1,733
Net loss (152,746) (105,865) (409,837) (270,981)
Less: Net loss attributable to non-controlling interest 98 14 341 105
Net loss attributable to common stockholders (152,648) (105,851) (409,496) (270,876)
Other comprehensive income (loss)        
Foreign currency translation adjustment (8,720) 0 (11,779) 0
Comprehensive loss $ (161,368) $ (105,851) $ (421,275) $ (270,876)
Net loss per share attributable to common stockholders        
Basic loss per share (in usd per share) $ (0.82) $ (0.74) $ (2.32) $ (2.02)
Diluted loss per share (in usd per share) $ (0.82) $ (0.74) $ (2.32) $ (2.02)
Weighted average shares outstanding:        
Weighted-average common shares outstanding basic (in shares) 186,750,504 142,529,770 176,503,992 133,941,485
Weighted-average common shares outstanding diluted (in shares) 186,750,504 142,529,770 176,503,992 133,941,485
Subscription        
Revenues        
Revenue $ 201,911 $ 138,119 $ 621,022 $ 359,601
Advertising        
Revenues        
Revenue 22,714 18,570 67,886 47,642
Wagering        
Revenues        
Revenue (176) 0 (659) 0
Other        
Revenues        
Revenue $ 364 $ 1 $ 473 $ 51