FUBO — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-06

• On March 23, 2026, the Company amended its Certificate of Incorporation in order to effect a 1-for-12 reverse stock split of its Class A Common Stock and Class B Common Stock outstanding (the "Reverse Stock Split"). The Company’s Class A Common Stock began trading on a split-adjusted basis on the Ne…

• As a result of the Reverse Stock Split, the aggregate par value of the issued common stock was reduced by reclassifying the par value amount of the eliminated shares of common stock to “Additional paid-in capital” in the Company's Consolidated Balance Sheets and Consolidated Statements of Changes in…

• We have one operating segment as of March 31, 2026, the streaming business.

• Sales and marketing expenses for the Fubo Services consist of payroll and related costs, benefits, rent and utilities, stock-based compensation, agency costs, advertising campaigns and branding initiatives.

• Pursuant to our Commercial Agreement with Hulu, the Company bears all marketing expenses of the Hulu Live Business and will pay Hulu a marketing support fee equal to 10% of the Hulu Live Business’s marketing budget, which marketing budget must be at least equal to 0.7% of revenues of the Hulu Live B…

Text removed vs the prior filing · source: 10-Q · 2026-02-05

• We have one operating segment as of December 31, 2025, the streaming business.

• Sales and marketing expenses for the Fubo Services consist of payroll and related costs, benefits, rent and utilities, stock-based compensation, agency costs, advertising campaigns and branding initiatives. Pursuant to our Commercial Agreement with Hulu, the Company bears all marketing expenses of t…

• During the three months ended December 31, 2025, we recognized subscriber related expenses of $1,427.8 million compared to $1,102.5 million during the three months ended December 28, 2024. The increase of $325.3 million was primarily due to the addition of program license fees from the Fubo Services…

• During the three months ended December 31, 2025, we recognized broadcasting and transmission expenses of $8.9 million from the Fubo Services as a result of the Business Combination. There are no comparable results in the prior period.

• During the three months ended December 31, 2025, we recognized sales and marketing expenses of $59.3 million compared to $2.2 million during the three months ended December 28, 2024. The increase of $57.0 million was primarily due to sales and marketing expenses from the Fubo Services as a result of…

Text added vs the prior filing · source: 10-Q · 2026-05-06

• On January 2, 2026, in connection with existing breach of contract litigation brought in the Southern District of New York by Disney against DISH Network L.L.C. (“DISH”), DISH asserted antitrust counterclaims naming FuboTV Inc. and FuboTV Media, along with Disney and other Disney-affiliated companie…

Text removed vs the prior filing · source: 10-Q · 2026-02-05

• The Company has been named as defendant in putative class action complaints bringing claims under the VPPA, alleging the Company shared subscribers’ personally identifiable information to third party advertisers and through the Meta Pixel and Google Analytics without consent. See Burdette v. fuboTV,…

• On January 2, 2026, in connection with existing breach of contract litigation brought in the Southern District of New York by Disney against DISH Network L.L.C. (“DISH”), DISH asserted antitrust counterclaims naming FuboTV Inc. and FuboTV Media, along with Disney and other Disney-affiliated companie…

Text added vs the prior filing · source: 10-Q · 2026-05-06

• We have recorded material non-cash goodwill and long-lived asset impairment charges in prior periods. In addition, in April 2026, we determined that the decrease in our stock price and market capitalization observed since the Closing Date of the Business Combination represented a triggering event. B…

• •announcements regarding actions by the Company with respect to our capital stock, including stock splits or dividends, stock repurchases and sales of our equity and debt securities;

Text removed vs the prior filing · source: 10-Q · 2026-02-05

• We have recorded material non-cash goodwill and long-lived asset impairment charges in prior periods.

• While management cannot predict if or when additional future goodwill or long-lived asset impairments may occur, additional impairments could have material adverse effects on the Company’s operating income, net assets, and/or the Company’s cost of, or access to, capital.

• •announcements regarding stock repurchases and sales of our equity and debt securities;