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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Summary Information by Segment

Summary information by segment is as follows (in thousands):

 

 

Segment

 

 

 

Beachbody

 

 

Other

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2022

 

 

 

 

 

 

 

Revenue

 

$

170,222

 

 

$

8,914

 

 

$

179,136

 

Contribution

 

 

37,607

 

 

 

(451

)

 

 

37,156

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2021

 

 

 

 

 

 

 

Revenue

 

$

218,607

 

 

$

4,501

 

 

$

223,108

 

Contribution

 

 

49,545

 

 

 

(6,411

)

 

 

43,134

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2022

 

 

 

 

 

 

 

Revenue

 

$

356,329

 

 

$

21,729

 

 

$

378,058

 

Contribution

 

 

65,698

 

 

 

(1,827

)

 

 

63,871

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2021

 

 

 

 

 

 

 

Revenue

 

$

440,357

 

 

$

8,970

 

 

$

449,327

 

Contribution

 

 

96,020

 

 

 

(11,547

)

 

 

84,473

 

 
Reconciliation of Consolidated Contribution to Loss before Income Taxes

Reconciliation of consolidated contribution to loss before income taxes (in thousands):

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated contribution

 

$

37,156

 

 

$

43,134

 

 

$

63,871

 

 

$

84,473

 

Amounts not directly related to segments:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue (1)

 

 

14,749

 

 

 

8,118

 

 

 

28,572

 

 

 

15,960

 

Selling and marketing (2)

 

 

21,762

 

 

 

20,872

 

 

 

48,081

 

 

 

40,963

 

Enterprise technology and development

 

 

24,133

 

 

 

26,949

 

 

 

57,830

 

 

 

54,038

 

General and administrative

 

 

19,584

 

 

 

17,231

 

 

 

39,657

 

 

 

35,177

 

Restructuring

 

 

1,332

 

 

 

—

 

 

 

8,555

 

 

 

—

 

Change in fair value of warrant liabilities

 

 

(2,070

)

 

 

(5,390

)

 

 

(2,334

)

 

 

(5,390

)

Interest expense

 

 

3

 

 

 

305

 

 

 

22

 

 

 

428

 

Other expense (income), net

 

 

(189

)

 

 

(1,654

)

 

 

(125

)

 

 

(2,953

)

Loss before income taxes

 

$

(42,148

)

 

$

(23,297

)

 

$

(116,387

)

 

$

(53,750

)
(1)
Cost of revenue not directly related to segments includes certain allocated costs related to management, facilities, and personnel-related expenses associated with quality assurance and supply chain. Depreciation of certain software and production equipment and amortization of formulae and technology-based intangible assets are also included in this line.
(2)
Selling and marketing not directly related to segments includes indirect selling and marketing expenses and certain allocated personnel-related expenses for employees and consultants. Depreciation of certain software and amortization of contract-based intangible assets and an acquired trade name are also included in this line.