Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
Condensed Consolidated Statements of Changes to Stockholders'/Member's Equity (Deficit) - USD ($)
Total
IPO Member
Underwriters
Prior to NCI Rebalancing
Post NCI Rebalancing
Prior To Reorganization Transactions
Class A Common Stock
IPO Member
Class B Common Stock
Common Stock Member
Class A Common Stock
Common Stock Member
Class A Common Stock
IPO Member
Common Stock Member
Class A Common Stock
Underwriters
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
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
Additional Paid-In Capital
IPO Member
Additional Paid-In Capital
Underwriters
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
Member's Contribution
Post NCI Rebalancing
Receivable from Member/ Shareholder
Receivable from Member/ Shareholder
Prior to NCI Rebalancing
Receivable from Member/ Shareholder
Post NCI Rebalancing
Accumulated Deficit
Accumulated Deficit
Prior to NCI Rebalancing
Accumulated Deficit
Post NCI Rebalancing
Accumulated Deficit
Prior To Reorganization Transactions
Noncontrolling Interest
Prior to NCI Rebalancing
Noncontrolling Interest
Post NCI Rebalancing
Redeemable noncontrolling interests
Beginning Balance at Dec. 31, 2020 $ 4,749,000                                         $ 113,697,000     $ (1,456,000)     $ (107,492,000)            
Equity-based compensation 222,000                                         222,000                        
Parent contribution of Rumble assets 20,483,000                                         20,483,000                        
Payment received from Member, net 2,000                                               2,000                  
Distributions to Member (10,600,000)                                         (10,600,000)                        
Net loss (4,750,000)                                                     (4,750,000)            
Ending Balance at Mar. 31, 2021 10,106,000                                         123,802,000     (1,454,000)     (112,242,000)            
Beginning Balance at Dec. 31, 2020 4,749,000                                         113,697,000     (1,456,000)     (107,492,000)            
Net income (loss) (4,056,000)                                                                  
Parent contribution of Rumble assets 20,483,000                                                                  
Net loss (17,599,000)                                                                  
Ending Balance at Sep. 30, 2021 (397,256,000)               $ 2,000         $ 2,000     $ 0         0     (10,600,000)     (386,660,000)            
Ending balance at Sep. 30, 2021                                                                   $ 291,404,000
Ending balance, Shares at Sep. 30, 2021                 23,898,042         22,963,246                                        
Beginning Balance at Mar. 31, 2021 10,106,000                                         123,802,000     (1,454,000)     (112,242,000)            
Equity-based compensation 449,000                                         449,000                        
Net loss (8,001,000)                                                     (8,001,000)            
Ending Balance at Jun. 30, 2021 2,554,000                                         124,251,000     (1,454,000)     (120,243,000)            
Net income (loss) (4,056,000)                                                     (4,056,000)           (4,257,000)
Equity-based compensation prior to reorganization transactions 37,000                                         37,000                        
Payment received from Member, net 1,454,000                                               1,454,000                  
Effect of Reorganization Transactions (337,259,000)               $ 1,000         $ 2,000               (124,288,000)     (10,600,000)     (202,374,000)           282,513,000
Effect of Reorganization Transactions, Shares                 12,994,042         23,542,663                                        
Issuance of Class A common stock   $ 104,249,000 $ 10,116,000             $ 1,000 $ 904,000,000             $ 104,248,000 $ 10,116,000                              
Issuance of Class A common stock, Shares                   10,000,000                                                
Purchase of shares from LCAT shareholders (150,985,000)                               (104,248,000)                     (46,737,000)            
Redemption of Class B shares (9,000,000)                               (9,000,000)                                  
Redemption of Class B shares, Shares                           (750,000)                                        
Equity-based compensation after Reorganization Transactions 3,493,000                               3,493,000                                  
Vesting of Class B Shares                           170,583                                        
Adjustment of preferred stock to redemption value (1,604,000)                               (1,116,000)                     (488,000)            
Payment of preferred stock dividends (2,492,000)                               (2,492,000)                                  
Adjustment for recognition of tax receivable agreement and deferred tax liabilities (24,000)                               (24,000)                                  
Adjustment of redeemable noncontrolling interest (13,148,000)                               (977,000)                     (12,171,000)           13,148,000
Net loss (4,848,000)         $ (591,000)                                                 $ (591,000)      
Ending Balance at Sep. 30, 2021 (397,256,000)               $ 2,000         $ 2,000     $ 0         $ 0     $ (10,600,000)     $ (386,660,000)            
Ending balance at Sep. 30, 2021                                                                   $ 291,404,000
Ending balance, Shares at Sep. 30, 2021                 23,898,042         22,963,246                                        
Beginning Balance at Dec. 31, 2021 (210,469,000)     $ (210,469,000)               $ 2,000     $ 2,000         $ 0     $ 0     $ (10,600,000)     $ (643,833,000)     $ 443,960,000    
Beginning balance, Shares at Dec. 31, 2021                       23,898,042     22,968,674                                      
Equity-based compensation         $ 14,627,000                               $ 2,423,000                       $ 12,204,000  
Net income (loss)         (15,179,000)                                                 $ (7,519,000)     (7,660,000)  
Conversion of Class B shares to Class A shares         0                               517,283,000                       (517,283,000)  
Conversion of Class B shares to Class A shares, Shares                         351,163     (351,163)                                    
Vesting of Class B Shares                               1,946,644                                    
Adjustment of preferred stock to redemption value         (50,931,000)                               (50,931,000)                          
Payment of preferred stock dividends         (3,250,000)                               (3,250,000)                          
Ending Balance at Mar. 31, 2022         (265,202,000)               $ 2,000     $ 2,000         465,525,000     $ 0     $ (10,600,000)     (651,352,000)     (68,779,000)  
Ending balance, Shares at Mar. 31, 2022                         24,249,205     24,564,155                                    
Beginning Balance at Dec. 31, 2021 (210,469,000)     $ (210,469,000)               $ 2,000     $ 2,000         $ 0     $ 0     $ (10,600,000)     $ (643,833,000)     $ 443,960,000    
Beginning balance, Shares at Dec. 31, 2021                       23,898,042     22,968,674                                      
Net income (loss) 2,177,000                                                                  
Parent contribution of Rumble assets 0                                                                  
Issuance of Class A common stock, Shares               2,695,658                                                    
Net loss 1,065,000                                                                  
Ending Balance at Sep. 30, 2022 (180,643,000)       (180,643,000)               $ 3,000     $ 2,000         528,807,000     0     (14,219,000)     (641,656,000)     (53,580,000)  
Ending balance, Shares at Sep. 30, 2022                         27,560,549     21,650,669                                    
Beginning Balance at Mar. 31, 2022         (265,202,000)               $ 2,000     $ 2,000         465,525,000     0     (10,600,000)     (651,352,000)     (68,779,000)  
Beginning balance, Shares at Mar. 31, 2022                         24,249,205     24,564,155                                    
Equity-based compensation         3,807,000                               3,861,000                       (54,000)  
Net income (loss)         31,477,000                                                 16,834,000     14,643,000  
Conversion of Class B shares to Class A shares                                         (7,387,000)                       7,387,000  
Conversion of Class B shares to Class A shares, Shares                         2,883,053     (2,883,053)                                    
Vesting of Restricted Stock Units                         53,571                                          
Vesting of Class B Shares                               5,531                                    
Adjustment of preferred stock to redemption value         127,821,000                               127,821,000                          
Payment of preferred stock dividends         (3,250,000)                               (3,250,000)                          
Ending Balance at Jun. 30, 2022         (105,347,000)               $ 2,000     $ 2,000         586,570,000     0     (10,600,000)     (634,518,000)     (46,803,000)  
Ending balance, Shares at Jun. 30, 2022                         27,185,829     21,686,633                                    
Equity-based compensation         3,621,000                               3,597,000                       24,000  
Net income (loss) (7,138,000)       (13,056,000)                                                 (7,138,000)     (5,918,000)  
Conversion of Class B shares to Class A shares                                         883,000                       (883,000)  
Conversion of Class B shares to Class A shares, Shares                         63,435     (63,435)                                    
Vesting of restricted share units, net of shares withheld for taxes, Shares                         311,285                                          
Vesting of restricted share units, net of shares withheld for taxes         (1,896,000)               $ 1,000               (1,897,000)                          
Loan to shareholder and accumulated interest         (3,619,000)                                           (3,619,000)              
Issuance of Class A common stock, Shares             63,435                                                      
Vesting of Class B Shares                               27,471                                    
Adjustment of preferred stock to redemption value         (57,096,000)                               (57,096,000)                          
Payment of preferred stock dividends         (3,250,000)                               (3,250,000)                          
Net loss (5,918,000)                                                                  
Ending Balance at Sep. 30, 2022 $ (180,643,000)       $ (180,643,000)               $ 3,000     $ 2,000         $ 528,807,000     $ 0     $ (14,219,000)     $ (641,656,000)     $ (53,580,000)  
Ending balance, Shares at Sep. 30, 2022                         27,560,549     21,650,669