Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes to Stockholders'/Member's Equity (Deficit)

v3.22.1
Condensed Consolidated Statements of Changes to Stockholders'/Member's Equity (Deficit) - USD ($)
$ in Thousands
Total
Prior to NCI Rebalancing
Post NCI Rebalancing
Common Stock Member
Class A Common Stock
Prior to NCI Rebalancing
Common Stock Member
Class A Common Stock
Post NCI Rebalancing
Common Stock Member
Class B Common Stock
Prior to NCI Rebalancing
Common Stock Member
Class B Common Stock
Post NCI Rebalancing
Additional Paid-In Capital
Prior to NCI Rebalancing
Additional Paid-In Capital
Post NCI Rebalancing
Member's Contribution
Member's Contribution
Prior to NCI Rebalancing
Receivable from member
Receivable from member
Prior to NCI Rebalancing
Receivable from member
Post NCI Rebalancing
Accumulated Deficit
Accumulated Deficit
Prior to NCI Rebalancing
Accumulated Deficit
Post NCI Rebalancing
Noncontrolling Interest
Prior to NCI Rebalancing
Noncontrolling Interest
Post NCI Rebalancing
Beginning Balance at Dec. 31, 2020 $ 4,749                 $ 113,697   $ (1,456)     $ (107,492)        
Equity-based compensation 222                 222                  
Net loss (4,750)                           (4,750)        
Parent contribution of Rumble assets 20,483                 20,483                  
Distributions to Member (10,600)                 (10,600)                  
Payment received from Member, net 2                     2              
Ending Balance at Mar. 31, 2021 10,106                 123,802   $ (1,454)     $ (112,242)        
Beginning Balance at Dec. 31, 2021 (210,469) $ (210,469)   $ 2   $ 2   $ 0     $ 0   $ (10,600)     $ (643,833)   $ 443,960  
Beginning balance, Shares at Dec. 31, 2021       23,898,042   22,968,674                          
Equity-based compensation     $ 14,627           $ 2,423                   $ 12,204
Net loss (7,519)   (15,179)                           $ (7,519)   (7,660)
Conversion of Class B shares to Class A shares     0           517,283                   (517,283)
Conversion of Class B shares to Class A shares, Shares         351,163   (351,163)                        
Payment of preferred stock dividends     (3,250)           3,250                    
Adjustment of preferred stock to redemption value     $ 50,931           50,931                    
Vesting of Class B Shares     0       1,946,644                        
Ending Balance at Mar. 31, 2022 $ (265,202)   $ (265,202)   $ 2   $ 2   $ 465,525       $ (10,600)     $ (651,352)   $ (68,779)
Ending balance, Shares at Mar. 31, 2022         24,249,205   24,564,155