|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||
| Current assets: | ||||||||||||||||||
| Cash | ||||||||||||||||||
| Prepaid expenses | ||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||
| Accounts receivable, net | ||||||||||||||||||
| Current portion of licensing receivables, net | ||||||||||||||||||
| Physical inventory | ||||||||||||||||||
| Current portion of notes receivable | ||||||||||||||||||
| Loan guarantee receivable | ||||||||||||||||||
| Royalty advance | ||||||||||||||||||
| Prepaid expenses and other | ||||||||||||||||||
| Total current assets | ||||||||||||||||||
| Marketable securities held in Trust Account (including $1,439 and $1,603 of accrued dividends as of June 30, 2025 and December 31, 2024, respectively) | ||||||||||||||||||
| Licensing receivables, net | ||||||||||||||||||
| Notes receivable, net of current portion | ||||||||||||||||||
| Property and equipment, net | ||||||||||||||||||
| Content, net | ||||||||||||||||||
| Intangible assets, net | ||||||||||||||||||
| Capitalized software, net | ||||||||||||||||||
| Digital assets | ||||||||||||||||||
| Investments in affiliates | ||||||||||||||||||
| Operating lease right-of-use assets | ||||||||||||||||||
| Other long-term assets | ||||||||||||||||||
| Total assets | ||||||||||||||||||
| Liabilities and Stockholders' Equity | ||||||||||||||||||
| Current liabilities: | ||||||||||||||||||
| Accounts payable | ||||||||||||||||||
| Accrued offering costs | ||||||||||||||||||
| Share redemptions payable | ||||||||||||||||||
| Class A common stock not subject to redemption | ||||||||||||||||||
| Due to related party | ||||||||||||||||||
| Accrued expenses | ||||||||||||||||||
| Current portion of accrued licensing royalties | ||||||||||||||||||
| Current portion of notes payable | ||||||||||||||||||
| Administrative support fee - related party | ||||||||||||||||||
| Excise tax liability | ||||||||||||||||||
| Current portion of operating lease liabilities | ||||||||||||||||||
| Deferred revenue | ||||||||||||||||||
| Total current liabilities | ||||||||||||||||||
| Warrant liability | ||||||||||||||||||
| Total Non-current Liabilities | ||||||||||||||||||
| Accrued settlement costs, net of current portion | ||||||||||||||||||
| Accrued licensing royalties, long-term | ||||||||||||||||||
| Notes payable, net of current portion | ||||||||||||||||||
| Operating lease liabilities, net of current portion | ||||||||||||||||||
| Other long-term liabilities | ||||||||||||||||||
| Current portion of accrued settlement costs | ||||||||||||||||||
| Total liabilities | ||||||||||||||||||
| Class A common stock subject to possible redemption; 200,000,000 shares authorized; 37,987 shares issued and outstanding subject to possible redemption at redemption value as of June 30, 2025 and December 31, 2024 | ||||||||||||||||||
| Class A common stock subject to redemption | ||||||||||||||||||
| Total class A common stock subject to possible redemption; 200,000,000 shares authorized; 37,987 shares issued and outstanding subject to possible redemption at redemption value as of June 30, 2025 and December 31, 2024 | ||||||||||||||||||
| Stockholders' equity: | ||||||||||||||||||
| Common stock, $0.0001 par value, 700,000,000 shares authorized; 186,504,214 and 169,095,572 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively | ||||||||||||||||||
| Class A common stock not subject to redemption | ||||||||||||||||||
| Class B common stock | ||||||||||||||||||
| Total common stock, $0.0001 par value, 700,000,000 shares authorized; 186,504,214 and 169,095,572 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively | ||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||
| Noncontrolling interests | ||||||||||||||||||
| Accumulated deficit | ||||||||||||||||||
| Total Stockholders' Deficit | ||||||||||||||||||
| Total stockholders' equity | ||||||||||||||||||
| Total liabilities and stockholders' equity | ||||||||||||||||||
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