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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total revenues $ 402,347 $ 324,374
Operating expenses    
Subscriber related expenses 360,170 301,378
Broadcasting and transmission 14,500 19,764
Sales and marketing 43,180 42,946
Technology and development 20,040 18,227
General and administrative 18,509 14,677
Depreciation and amortization 9,261 8,842
Total operating expenses 465,660 405,834
Operating loss (63,313) (81,460)
Other income (expense)    
Interest expense (5,256) (3,373)
Interest income 2,527 2,118
Amortization of debt premium (discount), net 253 (623)
Gain on extinguishment of debt 9,637 0
Other expense (64) (144)
Total other income (expense) 7,097 (2,022)
Loss from continuing operations before income taxes (56,216) (83,482)
Income tax (provision) benefit (113) 114
Net loss from continuing operations (56,329) (83,368)
Discontinued operations    
Net loss from discontinued operations before income taxes (255) (256)
Income tax benefit 0 0
Net loss from discontinued operations (255) (256)
Net loss from continuing operations (56,584) (83,624)
Less: Net loss attributable to non-controlling interest 574 11
Net loss attributable to common shareholders (56,010) (83,613)
Other comprehensive loss    
Foreign currency translation adjustment (3,015) (2,756)
Comprehensive loss attributable to common shareholders $ (59,025) $ (86,369)
Net loss per share attributable to common shareholders    
Basic loss per share from continuing operations (in dollars per share) $ (0.19) $ (0.37)
Diluted loss per share from continuing operations (in dollars per share) (0.19) (0.37)
Basic loss per share from discontinued operations (in dollars per share) 0 0
Diluted loss per share from discontinued operations (in dollars per share) 0 0
Basic loss per share (in usd per share) (0.19) (0.37)
Diluted loss per share (in usd per share) $ (0.19) $ (0.37)
Weighted average shares outstanding:    
Basic (in shares) 299,363,298 225,461,595
Diluted (in shares) 299,363,298 225,461,595
Subscription    
Revenues    
Total revenues $ 373,714 $ 300,875
Advertising    
Revenues    
Total revenues 27,469 22,721
Other    
Revenues    
Total revenues $ 1,164 $ 778