Segment and Geographic Information - Schedule of Company’s Single Operating Segment (Details) - Single Operating Segment [Member] - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Schedule of Company’s Single Operating Segment [Line Items] | ||||
Revenues | $ 25,084,631 | $ 22,469,543 | $ 48,791,421 | $ 40,202,999 |
Expenses | ||||
Programming and content | 21,072,162 | 31,159,781 | 45,824,816 | 58,865,508 |
Other cost of services | 5,470,145 | 4,532,352 | 10,753,665 | 8,654,979 |
General and administrative | 11,666,331 | 10,415,016 | 28,300,054 | 19,737,395 |
Research and development | 4,825,884 | 5,319,230 | 9,614,995 | 9,847,022 |
Sales and marketing | 7,891,526 | 6,274,749 | 11,530,452 | 9,571,491 |
Acquisition-related transaction costs | 2,388,105 | 2,388,105 | ||
Amortization and depreciation | 3,602,160 | 3,564,219 | 6,894,869 | 5,990,361 |
Changes in fair value of digital assets | (5,192,441) | (3,493,025) | ||
Changes in fair value of contingent consideration | 17,768 | 1,354,357 | ||
Total expenses | 51,723,872 | 61,283,115 | 111,813,931 | 114,021,113 |
Loss from operations | (26,639,241) | (38,813,572) | (63,022,510) | (73,818,114) |
Interest income | 2,898,945 | 2,174,166 | 5,083,231 | 4,696,118 |
Other expense | (22,773) | (3,869) | (47,377) | (73,577) |
Changes in fair value of derivative | 9,700,000 | |||
Changes in fair value of warrant liability | (6,461,861) | 10,014,200 | 15,442,843 | (723,695) |
Loss before income taxes | (30,224,930) | (26,629,075) | (32,843,813) | (69,919,268) |
Income tax expense | (151,625) | (31,310) | (151,472) | |
Net loss | $ (30,224,930) | $ (26,780,700) | $ (32,875,123) | $ (70,070,740) |
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- Definition Represent the amount of change in fair value of digital assets. No definition available.
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- Definition The amount of changes in fair value of contingent consideration. No definition available.
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- Definition The amount of programming and content. No definition available.
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- Definition Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Details
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