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| Annual Trend | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Less: Net income (loss) from discontinued operations, net of tax | — | — | — | — | — | $0 | ($31.2m) | ($136.9m) | $5.2m | $1.7m | — | |
| Net loss from continuing operations | — | — | — | — | — | ($599.4m) | ($351.8m) | ($425.0m) | ($293.1m) | ($177.8m) | — | |
| Net loss | ($7.6m) | ($10.1m) | $10.5m | ($13.1m) | ($117.8m) | ($599.4m) | ($383.0m) | ($561.9m) | ($287.9m) | ($176.1m) | — | |
| Net Income (Loss) Attributable to Parent | ($7.6m) |
($10.1m)
-33.34%
|
$10.5m
+203.67%
|
($10.6m)
-201.30%
|
($34.4m)
-223.85%
|
($570.3m)
-1559.87%
|
($382.8m)
+32.87%
|
($561.5m)
-46.66%
|
($287.5m)
+48.80%
|
($172.3m)
+40.08%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | ($35.0m) |
($570.5m)
-1531.97%
|
($382.8m)
+32.89%
|
($561.5m)
-46.66%
|
($287.5m)
+48.80%
|
($172.3m)
+40.08%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($7.6m) | ($10.1m) | $10.5m | ($13.1m) | ($38.1m) | ($599.4m) | ($383.0m) | ($561.9m) | ($287.9m) | ($176.1m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($32k) | ($33k) | — | ($2.5m) | ($3.8m) | $29.1m | ($126k) | ($442k) | ($463k) | ($3.8m) | — | |
| Depreciation and amortization | — | — | — | $8.2m | $20.8m | $44.0m | $37.9m | $36.7m | $36.5m | $38.5m | $44.6m | |
| Amortization | — | — | — | — | $20.7m | $43.6m | $36.9m | $35.5m | $35.0m | $37.1m | — | |
| Amortization of Debt Issuance Costs | — | — | $188k | — | — | — | — | — | — | — | — | |
| Depreciation | $859 | $2k | — | $14k | $83k | $400k | $1.0m | $1.2m | $1.5m | $1.4m | $44.6m | |
| Amortization of debt (premium) discount, net | $257k | $79k | $188k | $1.5m | $603k | $12.3m | $14.9m | $2.5m | $2.6m | ($1.2m) | — | |
| Amortization of right-of-use assets | — | — | — | — | $200k | $681k | $1.4m | $3.1m | $3.1m | $4.0m | — | |
| Deferred Income Tax Expense (Benefit) | — | — | — | ($2.1m) | ($5.3m) | ($9.7m) | ($2.7m) | ($1.7m) | ($995k) | $218k | $1.8m | |
| Share-based Payment Arrangement, Noncash Expense | $1.9m | $319k | — | — | $1.1m | $50.7m | $63.8m | $52.5m | $51.2m | $42.5m | $30.7m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | $63.8m | $52.5m | $51.2m | $42.5m | $30.7m | |
| Stock-based compensation | $1.9m | $319k | — | — | $1.1m | $50.7m | $63.8m | $52.5m | $51.2m | $42.5m | $30.7m | |
| Goodwill and Intangible Asset Impairment | $319k | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $74.4m | $148.6m | $0 | $0 | — | — | $3.8m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | $100.3m | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $8.6m | $100.3m | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $2.3m | $2.3m | — | — | |
| Impairment of other assets | — | — | — | — | — | — | — | $0 | $0 | $3.8m | — | |
| Other Nonoperating Income (Expense) | ($6k) | — | $10k | ($94k) | — | — | ($90k) | $1.0m | ($923k) | $1.9m | — | |
| Nonoperating Income (Expense) | ($4.6m) | $8.5m | $11.6m | ($243k) | ($4.5m) | ($129.2m) | ($26.2m) | ($14.9m) | ($4.6m) | $18.9m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($11k) | $11k | ($10k) | — | ($7.7m) | $12.6m | $15.1m | $9.8m | $36.2m | ($9.0m) | ($6.4m) | |
| Accounts receivable, net | $11k | ($11k) | $10k | — | $7.7m | ($12.6m) | ($15.1m) | ($9.8m) | ($36.2m) | $9.0m | ($6.4m) | |
| Increase (Decrease) in Accounts Payable | $5k | $88k | $67k | $183k | $5.5m | ($39.1m) | $9.4m | $12.0m | $6.6m | ($5.7m) | ($20.1m) | |
| Unpaid intangible assets included in accounts payable | — | — | — | — | — | — | $0 | $0 | $540k | $50k | — | |
| Unpaid financing costs included in accounts payable | — | — | — | — | — | $772k | $51k | $0 | $15k | $0 | — | |
| Accrued expenses and other liabilities | — | — | $292k | $344k | ($964k) | $40.8m | $66.6m | $50.1m | $52.2m | $13.6m | — | |
| Deferred revenue | ($64k) | $24k | — | — | — | $8.6m | $26.1m | $21.1m | $24.8m | $8.3m | — | |
| Prepaid expenses and other assets | $42k | $10k | — | — | ($227k) | ($2.1m) | ($9.6m) | ($950k) | ($14.5m) | $7.6m | — | |
| Net Cash Provided by (Used in) Operating Activities | ($915k) |
($579k)
+36.70%
|
($612k)
-5.70%
|
($3.2m)
-415.20%
|
$1.7m
+154.90%
|
($149.0m)
-8708.78%
|
($192.6m)
-29.25%
|
($316.7m)
-64.43%
|
($177.6m)
+43.91%
|
($79.5m)
+55.25%
|
$141.1m
+277.56%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | $0 | $0 | $12k | $0 | ($29.5m) | |
| Payments to Acquire Property, Plant, and Equipment | — | — | ($6k) | — | $175k | $166k | $5.1m | $1.1m | $1.1m | $2.7m | ($14.5m) | |
| Gain (Loss) on Investments | — | — | — | — | ($8.3m) | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | $0 | — | — | $0 | |
| Payments to Acquire Investments | — | — | — | — | $1.0m | — | — | — | $3.5m | $0 | $0 | |
| Purchases of short-term investments | — | — | — | — | — | $0 | $0 | ($100.0m) | $0 | $0 | — | |
| Proceeds from maturity of short-term investments | — | — | — | — | — | $0 | $0 | $100.0m | $0 | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $22.9m | $0 | $0 | — | $0 | |
| Net cash used in investing activities - continuing operations | ($250k) | — | — | — | — | ($1.5m) | ($30.4m) | ($6.0m) | ($25.4m) | ($15.8m) | ($14.5m) | |
| Net cash used in investing activities - discontinued operations | — | — | — | — | — | $0 | ($45.8m) | ($6.4m) | $0 | $0 | ($14.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($250k) | $180k | ($6k) | — | $1.5m | ($1.5m) | ($76.2m) | ($12.4m) | ($25.4m) | ($15.8m) | ($14.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($1.5m) | ($28k) | — | $1.9m | — | ($24.5m) | ($380k) | $0 | $1.6m | $29.5m | — | |
| Gain on extinguishment of debt | $1.5m | ($28k) | — | ($1.9m) | — | $24.5m | — | $0 | ($1.6m) | ($29.5m) | — | |
| Repayments of notes payable and long-term borrowings | ($25k) | ($100k) | — | — | ($156k) | ($333k) | ($24.7m) | $0 | ($441k) | ($414k) | — | |
| Proceeds from Issuance of Common Stock | $341k | — | $175k | $3.1m | $3.6m | — | — | — | — | — | ($34k) | |
| Proceeds from the issuance of common stock, net of offering costs | — | — | — | — | — | — | $140.4m | $292.1m | $116.9m | $43.3m | — | |
| Net cash provided by financing activities - continuing operations | $1.1m |
$452k
-57.06%
|
$618k
+36.73%
|
— | — | $279.1m |
$512.0m
+83.45%
|
$296.3m
-42.13%
|
$111.2m
-62.46%
|
$11.5m
-89.69%
|
$2.3m
-79.69%
|
|
| Net cash provided by financing activities - discontinued operations | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $2.3m | |
| Net Cash Provided by (Used in) Financing Activities | — | — | $618k |
$3.1m
+402.75%
|
$4.4m
+40.10%
|
$279.1m
+6311.03%
|
$512.0m
+83.45%
|
$296.3m
-42.13%
|
$111.2m
-62.46%
|
$11.5m
-89.69%
|
$2.3m
-79.69%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $7.6m | $128.6m | $243.2m | ($32.9m) | ($91.8m) | ($83.8m) | $280.3m | |
| Cash, cash equivalents and restricted cash at beginning of period | — | — | — | $31k | $7.6m | $136.2m | $379.4m | $343.2m | $251.4m | $167.6m | — | |
| Net decrease in cash, cash equivalents and restricted cash | — | — | — | ($46k) | $7.6m | $128.6m | $243.2m | ($32.9m) | ($91.8m) | ($83.8m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | — | $167.6m | $280.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($424.6m) | ($292.6m) | ($173.9m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $10.5m | ($15.2m) | — | — | — | ($425.0m) | ($293.1m) | ($177.8m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($11k) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($136.9m) | $5.2m | $1.7m | — | |
| Financing Interest Expense | $531k | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | $7.6m | — | $0 | — | — | — | |
| Income Tax Expense (Benefit) | — | — | — | ($2.1m) | ($5.3m) | $9.7m | ($2.7m) | ($1.7m) | ($879k) | $659k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $20.9m | — | |
| Operating Lease, Expense | — | — | — | — | $315k | $935k | $2.3m | $6.0m | $6.8m | $7.9m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | ($11.9m) | — | $0 | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | $2.6m | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($18k) | ($1.0m) | — | $0 | — | — | — | |
| General and Administrative Expense | $247k | $94k | $521k | $6.7m | $13.8m | $77.6m | $108.2m | $81.2m | $64.3m | $75.1m | — | |
| Goodwill | — | — | — | $150.0m | $227.8m | $478.4m | $630.3m | $618.5m | $622.8m | $615.4m | $3.8m | |
| Operating Expenses | $3.2m | $1.7m | $1.2m | $15.0m | $43.2m | $697.6m | $997.8m | $1.4b | $1.7b | $1.8b | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $4.7m | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | $2.2m | $3.0m | $829k | $373k | $3k | — | |
| Change in fair value of warrant liabilities | — | — | — | — | — | $83.3m | ($2.7m) | $1.7m | $0 | $0 | — | |
| Other adjustments | — | — | — | — | ($1.3m) | ($620k) | $583k | $1.2m | $695k | $700k | — | |
| Prepaid sports rights | — | — | ($3k) | — | ($227k) | $0 | ($3.3m) | ($34.4m) | ($1.5m) | $15.4m | — | |
| Lease liabilities | — | — | — | — | ($200k) | ($663k) | ($456k) | $1.2m | ($2.8m) | ($5.2m) | — | |
| Capitalization of internal use software | — | — | ($6k) | — | — | ($45k) | ($4.1m) | ($4.9m) | ($17.3m) | ($11.5m) | — | |
| Purchase of intangible assets | — | — | — | — | ($250k) | ($45k) | ($8.4m) | $0 | ($3.6m) | ($1.6m) | — | |
| Redemption of non-controlling interest | — | — | — | — | — | — | $0 | $0 | ($2.1m) | $0 | — | |
| Repurchase of convertible notes | ($5k) | ($148k) | ($40k) | ($1.8m) | ($541k) | ($3.9m) | $0 | $0 | ($3.3m) | ($26.6m) | — | |
| Payments for financing costs | — | — | — | — | — | — | — | $0 | $0 | ($4.7m) | — | |
| Proceeds from exercise of stock options | — | — | — | — | — | $2.2m | $3.0m | $829k | $373k | $3k | — | |
| Proceeds from the exercise of warrants | — | — | — | — | — | $1.7m | $3.8m | $5.0m | $0 | $0 | — | |
| Reclassification of the equity components of the 2026 Convertible Notes to liability upon adoption of ASU 2020-06 | — | — | — | — | — | $0 | $0 | $75.3m | $0 | $0 | — | |
| Strategic investment - marketing commitment | — | — | — | — | — | — | — | $0 | $4.0m | $0 | — | |
| Cashless exercise of warrants | — | — | — | — | — | $98.1m | $16.5m | $5.2m | $0 | $0 | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($2.3m) | $8.9m | $12.4m | $741k | $815k | ($426k) | — | $0 | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | $57k | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | ($68k) | — | — | — | — | — | — | — | — | |
| Purchase of strategic investment | — | — | — | — | ($1.0m) | — | $0 | $0 | ($3.5m) | $0 | — | |
| Vested restricted stock units settled for cash | — | — | — | — | — | — | $0 | $0 | ($125k) | ($181k) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $19k | — | $588k | $170k | $5.4m | $8.0m | $13.8m | $13.2m | $14.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $0 | $0 | $258k | $251k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.