v3.25.2
Equity and Net Income Per Share - Schedule of Weighted Average Shares of Common Stock Outstanding (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Numerator:            
Net income $ 25,112 $ (8,092) $ 8,028 $ 114,024 $ 17,020 $ 122,052
Net income attributable to noncontrolling interests 13,886   6,794   9,409 103,648
Net income attributable to common stockholders $ 11,226   $ 1,234   $ 7,611 $ 18,404
Denominator:            
Weighted average Class A common stock outstanding - basic 37,523,324   12,010,729   37,423,300 11,418,276
Weighted average Class A common stock outstanding - diluted 37,525,894   12,079,960   37,521,109 11,677,891
Net income per Class A common share - basic: $ 0.3   $ 0.1   $ 0.21 $ 1.61
Net income per Class A common share - diluted: $ 0.3   $ 0   $ 0.17 $ 1.14
Class A Common Stock [Member]            
Numerator:            
Net income $ 25,112   $ 8,028   $ 17,020 $ 122,052
Net income attributable to noncontrolling interests 13,668   6,794   9,253 103,648
Net income attributable to common stockholders 11,444   1,234   7,767 18,404
Adjustment for dilutive warrants 0   0   (1,327) 0
Adjustment for dilutive earnout units at Falcon's Beyond Global, LLC 0   (1,174)   0 (5,055)
Dilutive net income attributable to Class A common stockholders $ 11,444   $ 60   $ 6,440 $ 13,349
Denominator:            
Weighted average Class A common stock outstanding - basic 37,523,324   12,010,729   37,423,300 11,418,276
Adjustment for dilutive RSUs 2,570   0   4,334 0
Adjustment for dilutive warrants 0   0   93,475 0
Adjustment for dilutive Class A earnout shares 0   69,230   0 259,615
Weighted average Class A common stock outstanding - diluted 37,525,894   12,079,960   37,521,109 11,677,891
Net income per Class A common share - basic: $ 0.3   $ 0.1   $ 0.21 $ 1.61
Net income per Class A common share - diluted: $ 0.3   $ 0   $ 0.17 $ 1.14