v3.26.1
Business Combination (Tables)
9 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the final purchase price allocation to the identifiable assets acquired and liabilities assumed as of the Closing Date (in thousands):
Fair value of consideration transferred$1,347,599 
Estimated fair value of assets acquired and liabilities assumed:
Cash and cash equivalents261,909 
Accounts receivable, net77,715 
Prepaid sports rights25,978 
Prepaid and other current assets19,569 
Property and equipment5,698 
Restricted cash6,148 
Intangible assets456,193 
Right-of-use assets34,301 
Other non-current assets11,816 
Accounts payable, accrued expenses, and other current liabilities(340,072)
Deferred revenue(99,575)
Convertible notes - current(144,765)
Long-term borrowings - current portion(696)
Lease liabilities - current
(2,799)
Convertible notes - non-current
(237,379)
Deferred tax liabilities
(1,211)
Lease liabilities - non-current
(31,502)
Other long-term liabilities(11,977)
Total estimated fair value of net assets acquired29,351 
Estimated goodwill1,318,248 
Schedule of Business Combination, Pro Forma Information
The following table presents the unaudited pro forma results of operations as if the Business Combination had occurred as of October 1, 2024:
Three Months EndedNine Months Ended
June 28, 2025June 30, 2026June 28, 2025
Pro forma revenue
$1,483,785 $4,738,701 $4,636,540 
Pro forma net (loss) income
$(71,970)$(78,305)$(81,773)