Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 274,150	$ 161,435
Accounts receivable, net	83,439	71,078
Prepaid sports rights	28,564	24,821
Prepaid and other current assets	15,656	16,699
Total current assets	401,809	274,033
Property and equipment, net	5,777	6,080
Restricted cash	6,148	6,137
Intangible assets, net	113,954	133,703
Goodwill	631,052	615,399
Right-of-use assets	28,862	31,837
Other non-current assets	11,253	10,239
Total assets	1,198,855	1,077,428
Current liabilities
Accounts payable	40,730	67,844
Accrued expenses and other current liabilities	279,333	335,967
Notes payable	7,597	7,024
Deferred revenue	102,217	98,421
Convertible notes, net - current portion	144,382	0
Long-term borrowings - current portion	704	1,042
Current portion of lease liabilities	3,723	5,024
Total current liabilities	578,686	515,322
Convertible notes, net	186,899	332,383
Lease liabilities	30,316	32,951
Other long-term liabilities	12,213	15,990
Total liabilities	808,114	896,646
COMMITMENTS AND CONTINGENCIES (Note 14)
Shareholders’ equity:
Common stock par value $0.0001: 1,000,000,000 and 1,000,000,000 shares authorized at September 30, 2025 and December 31, 2024, respectively ; 342,664,855 and 339,144,854 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	34	34
Additional paid-in capital	2,246,744	2,219,002
Accumulated deficit	(1,856,199)	(2,017,796)
Non-controlling interest	(11,352)	(15,588)
Accumulated other comprehensive income (loss)	11,514	(4,870)
Total shareholders’ equity	390,741	180,782
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,198,855	$ 1,077,428