Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.25.0.1
Consolidated Statements of Changes to Stockholders'/Member's Equity (Deficit) - USD ($)
$ in Thousands
Total
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Treasury Stock
Additional Paid-In Capital
Receivable from Member/Shareholder
Accumulated Deficit
Noncontrolling Interests
Beginning balance at Dec. 31, 2021 $ (210,955)   $ 2 $ 2     $ (10,600) $ (644,072) $ 443,713
Beginning balance, Shares at Dec. 31, 2021     23,898,000 22,969,000          
Equity-based compensation 25,118         $ 12,925     12,193
Net income (loss) 1,101             1,215 (114)
Conversion of Class B shares to Class A shares, Shares     3,303,000 (3,303,000)          
Conversion of Class B shares to Class A shares           510,069     (510,069)
Vesting of Class B shares       1,981,000          
Vesting of restricted share units, net of shares withheld for taxes, Shares     370,000            
Vesting of restricted share units, net of shares withheld for taxes (1,908)   $ 1     (1,909)      
Loan to shareholder and accumulated interest (5,769)           (5,769)    
Receivable from shareholder arising from the Rumble studios acquisition 0                
Distributions paid to Pre-IPO LLC Members (394)               (394)
Payment of preferred stock dividend (13,000)         (13,000)      
Purchase of treasury stock, shares         75,000        
Purchase of treasury stock (2,794)       $ (1,697) (1,097)      
Settlement of contingent consideration 29,070         29,070      
Receivable from holders of the preferred stock (1,162)           (1,162)    
Adjustment of preferred stock to redemption value (31,185)         (31,185)      
Ending balance at Dec. 31, 2022 (211,878)   $ 3 $ 2 $ (1,697) 504,873 (17,531) (642,857) (54,671)
Ending balance, Shares at Dec. 31, 2022     27,571,000 21,647,000 75,000        
Equity-based compensation 20,025         20,006     19
Net income (loss) (6,443)             (4,001) (2,442)
Conversion of Class B shares to Class A shares, Shares     5,094,000 (5,094,000)          
Conversion of Class B shares to Class A shares           10,193     (10,193)
Vesting of Class B shares       13,000          
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes, Shares     831,000            
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes (8,111)         (8,111)      
Loan to shareholder and accumulated interest (5,670)           (5,670)    
Deemed contribution from redemption of preferred stock 12,679             12,679  
Liability-classified restricted stock units vested 2,250         2,250      
Receivable from shareholder arising from the Rumble studios acquisition (1,450)           (1,450)    
Consideration related to the Rumble studios acquisition 1           1    
Repurchase and retirement of Class A common stock, Shares     (2,599,000)            
Repurchase and retirement of Class A common stock (50,378)         (50,378)      
Proceeds from disgorgement of stockholders short-swing profits (Note 11) 516         516      
Distributions paid to Pre-IPO LLC Members (12,241)               (12,241)
Excise tax on share repurchases (360)         (360)      
Payment received from shareholder 9,210           9,210    
Payment of preferred stock dividend (7,652)         (7,652)      
Adjustment of preferred stock to redemption value 49,970         49,970      
Ending balance at Dec. 31, 2023 (209,532)   $ 3 $ 2 $ (1,697) 521,307 (15,440) (634,179) (79,528)
Ending balance, Shares at Dec. 31, 2023     30,897,000 16,566,000 75,000        
Equity-based compensation 15,466         15,463     3
Net income (loss) (98,696)             (67,658) (31,038)
Conversion of Class B shares to Class A shares, Shares     1,828,000 (1,828,000)          
Conversion of Class B shares to Class A shares (1)     $ (1)   (25,240)     25,240
Vesting of Class B shares       1,000          
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes, Shares     935,000            
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes 129         129      
Loan to shareholder and accumulated interest (1,465)           (1,465)    
Receivable from shareholder arising from the Rumble studios acquisition 0                
Repurchase and retirement of Class A common stock, Shares   2,599              
Distributions paid to Pre-IPO LLC Members (8,921)               (8,921)
Payment received from shareholder 14           14    
Payment of preferred stock dividend (7,809)         (7,809)      
Ending balance at Dec. 31, 2024 $ (310,815)   $ 3 $ 1 $ (1,697) $ 503,850 $ (16,891) $ (701,837) $ (94,244)
Ending balance, Shares at Dec. 31, 2024     33,660,000 14,739,000 75,000