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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Total revenues $ 1,368,225 $ 1,008,696 $ 638,370
Operating expenses      
Subscriber related expenses 1,213,253 976,415 593,241
Broadcasting and transmission 68,824 73,377 55,563
Sales and marketing 207,045 183,615 135,720
Technology and development 67,675 69,264 55,418
General and administrative 64,282 81,151 89,039
Depreciation and amortization 36,496 36,731 37,666
Total operating expenses 1,657,575 1,420,553 966,647
Operating loss (289,350) (411,857) (328,277)
Other income (expense)      
Interest expense (13,712) (14,194) (13,451)
Interest income 10,971 2,498 0
Amortization of debt discount (2,574) (2,476) (14,928)
Gain (loss) on extinguishment of debt 1,607 0 (380)
Change in fair value of warrant liabilities 0 (1,701) 2,659
Other income (expense) (923) 1,019 (90)
Total other expense (4,631) (14,854) (26,190)
Loss from continuing operations before income taxes (293,981) (426,711) (354,467)
Income tax benefit 879 1,666 2,681
Net loss from continuing operations (293,102) (425,045) (351,786)
Discontinued operations      
Net income (loss) from discontinued operations before income taxes 5,185 (136,874) (31,177)
Income tax 0 0 0
Net income (loss) from discontinued operations 5,185 (136,874) (31,177)
Net loss (287,917) (561,919) (382,963)
Less: Net loss attributable to non-controlling interest 463 442 126
Net loss attributable to common shareholders (287,454) (561,477) (382,837)
Other comprehensive income (loss)      
Foreign currency translation adjustment 4,822 (767) 172
Comprehensive loss attributable to common shareholders $ (282,632) $ (562,244) $ (382,665)
Net loss per share attributable to common shareholders      
Basic loss per share from continuing operations (in dollars per share) $ (1.06) $ (2.33) $ (2.56)
Diluted loss per share from continuing operations (in dollars per share) (1.06) (2.33) (2.56)
Basic loss per share from discontinued operations (in dollars per share) 0.02 (0.75) (0.23)
Diluted loss per share from discontinued operations (in dollars per share) 0.02 (0.75) (0.23)
Basic (in usd per share) (1.04) (3.08) (2.78)
Diluted (in usd per share) $ (1.04) $ (3.08) $ (2.78)
Weighted average shares outstanding:      
Basic (in shares) 276,282,572 182,472,069 137,498,077
Diluted (in shares) 276,282,572 182,472,069 137,498,077
Subscription      
Revenues      
Total revenues $ 1,249,579 $ 905,886 $ 564,441
Advertising      
Revenues      
Total revenues 115,370 101,739 73,749
Other      
Revenues      
Total revenues $ 3,276 $ 1,071 $ 180