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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash, cash equivalents and restricted cash $ 36,303,799 $ 44,286,105
Accounts receivable, net of allowance for doubtful accounts of $974,426 and $786,830, respectively 96,089,197 60,213,807
Prepaid expenses and other current assets 19,621,665 1,904,273
Operating lease right-of-use assets 17,317,175  
Content assets, net 142,538,634 63,645,396
Intangible assets, net 292,932,777 18,035,091
Indefinite lived intangible assets 12,163,943 12,163,943
Goodwill 277,083,097 39,986,530
Other assets, net 23,348,656 5,190,954
Total assets 917,398,943 245,426,099
LIABILITIES AND EQUITY    
Accounts payable 41,876,561 12,963,902
Accrued expenses 88,021,429 23,185,368
Due to affiliated companies 2,589,867 489,959
Programming obligations 55,159,246 1,641,250
Film library acquisition charges 40,739,418 24,673,866
Accrued participation costs 25,030,611 12,323,329
Debt, net 461,287,515 55,275,628
Contingent consideration 7,556,856 9,764,256
Put option obligation 11,400,000 11,400,000
Operating lease liabilities 19,064,596  
Other liabilities 39,374,480 2,109,388
Total liabilities 792,100,579 153,826,946
Commitments and contingencies (Note 15)
Stockholders' Equity:    
Series A cumulative redeemable perpetual preferred stock, $.0001 par value, liquidation preference of $25.00 per share, 4,300,000 shares authorized; 4,073,491 and 3,698,318 shares issued and outstanding, respectively; redemption value of $101,837,275 and $92,457,950, respectively 407 370
Additional paid-in capital 343,374,588 240,609,345
Deficit (191,432,641) (136,462,244)
Accumulated other comprehensive income 36,957 571
Class A common stock held in treasury, at cost (2,354,538 and 944,502 shares, respectively) (27,158,429) (13,202,407)
Total stockholders' equity 124,823,203 90,947,300
Noncontrolling interests 475,161 651,853
Total equity 125,298,364 91,599,153
Total liabilities and equity 917,398,943 245,426,099
Class A Common Stock    
Stockholders' Equity:    
Common stock value 1,555 899
Class B Common Stock    
Stockholders' Equity:    
Common stock value $ 766 $ 766