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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from Operating Activities:    
Net loss $ (622,967,946) $ (101,948,916)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 2,110,848 5,869,711
Content asset impairment and amortization 96,485,866 74,523,774
Amortization of deferred financing and debt discount costs 4,339,932 1,057,175
Amortization and depreciation of intangibles, property and equipment 37,800,035 23,565,986
Bad debt and video return expense 8,301,800 3,316,112
Impairment of intangible assets and goodwill 380,809,786 3,500,000
Loss on debt extinguishment   485,541
Deferred income taxes (5,948,090) (35,092,120)
Non-cash settlement of management and licensing fees 6,179,075  
Interest expense added to debt 59,277,142  
Changes in operating assets and liabilities:    
Trade accounts receivable (36,374,993) (34,663,305)
Prepaid expenses and other assets 8,293,034 (14,091,077)
Content assets (35,836,142) (92,632,179)
Accounts payable, accrued expenses and other payables 35,317,575 18,049,218
Film library acquisition and programming obligations 22,159,328 69,318,793
Accrued participation costs 19,580,774 21,070,077
Other liabilities (2,834,591) (5,265,790)
Net cash used in operating activities (23,306,567) (62,937,000)
Cash flows from Investing Activities:    
Expenditures for property and equipment (6,660,318) (5,811,993)
Business combination, net of cash acquired   6,249,074
Net cash (used in) provided by investing activities (6,660,318) 437,081
Cash flows from Financing Activities:    
Repurchase of common stock   (13,956,022)
Payment of contingent consideration (2,066,565) (7,150,000)
Payment of put option obligation (7,706,663)  
Acquisition of noncontrolling interests   (749,992)
Payments on capital leases (1,287,332) (879,384)
Proceeds from 9.50% notes due 2025, net   11,094,946
Payments for film acquisition advances (10,364,515) (31,329,102)
Proceeds from other debt and advances 5,840,124 2,562,911
Payments on other debt and advances (3,157,728) (1,479,558)
Proceeds from issuance of preferred stock 26,750,794 17,080,015
Proceeds from revolving loan   55,313,051
Proceeds from film acquisition advances   8,521,115
Proceeds from exercise of stock options and warrants   502,291
Increase in due to affiliated companies 1,758,906 3,288,977
Dividends paid to preferred stockholders (13,548,165) (9,583,871)
Net cash provided by financing activities 14,818,229 36,865,844
Effect of foreign exchanges on cash, cash equivalents and restricted cash (273,087) 86,365
Net decrease in cash, cash equivalents and restricted cash (15,421,743) (25,547,710)
Cash, cash equivalents and restricted cash at beginning of period 18,738,395 44,286,105
Cash, cash equivalents and restricted cash at end of the period 3,316,652 18,738,395
Supplemental data:    
Cash paid for interest 6,455,969 5,375,480
Non-cash investing activities:    
Property and equipment in accounts payable and accrued expenses 571,768 676,187
Non-cash financing activities:    
Class A common stock and additional consideration for acquisition of noncontrolling interest   2,228,680
Class A common stock and assumption of warrants for Redbox Merger   $ 70,005,148
Warrant issued in conjunction with HPS credit facility   14,920,068
Non-cash settlement of management and licensing fees 6,179,075  
Non-cash film acquisition advance 11,025,372 $ 18,339,885
PIK interest added to HPS debt 59,277,142  
Class A Common Stock    
Cash flows from Financing Activities:    
Proceeds from issuance of Class A common stock $ 18,599,373 $ 3,630,467
Class A Common Stock | 1091 Media, LLC    
Non-cash financing activities:    
Preferred stock issued for Crackle Plus acquisition   3,303,750
Preferred Stock | 1091 Media, LLC    
Non-cash financing activities:    
Preferred stock issued for Crackle Plus acquisition   1,980,000