Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2023 is as follows:

	Funko, Inc. Stock Options	Weighted Average Exercise Price		Aggregate Intrinsic Value		Remaining Contractual Life
	(in thousands)			(in thousands)		(years)
Outstanding at December 31, 2022	3,860	$	15.40	$	3,455	7.21
Granted	874	10.90		—
Exercised	(162)	4.61		559
Forfeited	(1,676)	15.67		704
Outstanding at December 31, 2023	2,896	14.49		845		6.84
Options exercisable at December 31, 2023	1,811	$	14.90	$	770	5.72

A summary of FAH, LLC stock option activity for the year ended December 31, 2023 is as follows:

	FAH, LLC Stock Options	Weighted Average Exercise Price		Aggregate Intrinsic Value		Remaining Contractual Life
	(in thousands)			(in thousands)		(years)
Outstanding at December 31, 2022	146	$	0.05	$	1,590	0.41
Exercised	(146)	0.05		1,078
Outstanding at December 31, 2023	—	—		—		0.00
Options exercisable at December 31, 2023	—	$	—	$	—	0.00

Schedule of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the year ended December 31, 2023 is as follows:

	Funko, Inc. Restricted Stock Units	Weighted Average Grant Date Fair Value		Remaining Contractual Life
	(in thousands)			(years)
Unvested at December 31, 2022	2,719	$	16.82	2.86
Granted	1,273	9.38
Vested	(1,426)	12.59
Forfeited	(718)	15.58
Unvested at December 31, 2023	1,848	$	12.51	2.52

Schedule of Performance Stock Unit Activity

A summary of performance stock unit activity for the year ended December 31, 2023 is as follows:

	Funko, Inc. Performance Stock Units	Weighted Average Grant Date Fair Value		Remaining Contractual Life
	(in thousands)			(years)
Unvested at December 31, 2022	67	$	17.09	2.00
Granted	114	9.77
Vested	(12)	17.09
Forfeited	(56)	13.01
Unvested at December 31, 2023	113	$	12.10	1.75

Schedule of Unvested Common Unit Activity

The following table presents information on stock option exercises (in thousands):

	Year ended December 31,
	2023		2022		2021
Cash received for exercise price	$	756	$	1,472	$	3,794
Intrinsic value	559		1,042		2,543

Schedule of Option Pricing Model Inputs

For each of the options granted under the 2017 Plan and 2019 Plan, the following were the weighted-average of the option pricing model inputs:

	Year ended December 31,
	2023		2022		2021
Expected term (years)	6.01		6.05		6.06
Expected volatility	76.7	%	63.6	%	48.6	%
Risk-free interest rate	4.1	%	2.2	%	1.0	%
Dividend yield	—	%	—	%	—	%