XML 20 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net revenue $ 288,540 $ 546,191 $ 858,370
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:EntertainmentMember us-gaap:EntertainmentMember us-gaap:EntertainmentMember
Operating expenses:      
Product cost $ 115,141 $ 220,999 $ 359,880
Direct operating 131,926 167,090 237,490
Marketing 14,806 21,214 25,813
Stock-based compensation expense 1,994 16 156
General and administrative 59,436 62,219 67,002
Depreciation and amortization 108,505 136,838 138,274
Total operating expenses 431,808 608,376 828,615
Operating (loss) income (143,268) (62,185) 29,755
Other expense, net:      
Other expense, net (31,523) (32,522) (44,578)
Total other expense, net (31,523) (32,522) (44,578)
Loss before income taxes (174,791) (94,707) (14,823)
Income tax benefit (34,035) (25,204) (7,256)
Net loss (140,756) $ (69,503) $ (7,567)
Net loss attributable to non-controlling interest (27,967)    
Net loss attributable to Class A common stockholders $ (112,789)    
Loss per share of Class A common stock:      
Basic loss per share (Note 12) $ (0.58)    
Diluted loss per share (Note 12) $ (0.55)    
Weighted average shares of Class A common stock outstanding:      
Basic 12,618,516    
Diluted 12,618,516