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10-Q Filing

FUBOTV INC. CIK: 1484769 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001493152-18-007532
Period End Date 20180331
Filing Date 20180521
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance btop-20180331.xml
Filing Contents
Balance Sheet 54 line items
Line Item Tag Value Unit Period
Cash CashAndCashEquivalentsAtCarryingValue $18.00K USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $419.00K USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $101.00K USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $77.00K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent - USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $9.00K USD Point-in-time
Total current assets AssetsCurrent $77.00K USD Point-in-time
Total current assets AssetsCurrent $428.00K USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Capitalized software costs CapitalizedComputerSoftwareNet $6.00K USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Capitalized software costs CapitalizedComputerSoftwareNet $6.00K USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Deposits DepositsAssetsNoncurrent $3.00K USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 79.80M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 83.27M shares Point-in-time
Deposits DepositsAssetsNoncurrent $3.00K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 79.80M shares Point-in-time
Total Assets Assets $86.00K USD Point-in-time
Total Assets Assets $437.00K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 83.27M shares Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $72.00K USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $112.00K USD Point-in-time
Accrued interest related parties InterestPayableCurrent $147.00K USD Point-in-time
Accrued interest related parties InterestPayableCurrent $141.00K USD Point-in-time
Accrued payroll - officers EmployeeRelatedLiabilitiesCurrent $343.00K USD Point-in-time
Accrued payroll - officers EmployeeRelatedLiabilitiesCurrent $291.00K USD Point-in-time
Advances from related parties DueToRelatedPartiesCurrent $31.00K USD Point-in-time
Advances from related parties DueToRelatedPartiesCurrent $31.00K USD Point-in-time
Deposit on future sale of equity DepositOnFutureSaleOfEquity $55.00K USD Point-in-time
Deposit on future sale of equity DepositOnFutureSaleOfEquity $55.00K USD Point-in-time
Convertible notes payable, net of discount ConvertibleNotesPayableCurrent $152.00K USD Point-in-time
Convertible notes payable, net of discount ConvertibleNotesPayableCurrent $131.00K USD Point-in-time
Convertible notes payable - related party NotesPayableRelatedPartiesClassifiedCurrent $484.00K USD Point-in-time
Convertible notes payable - related party NotesPayableRelatedPartiesClassifiedCurrent $484.00K USD Point-in-time
Derivative liability DerivativeLiabilitiesCurrent $1.98M USD Point-in-time
Derivative liability DerivativeLiabilitiesCurrent $1.87M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.19M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.19M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.0001, 300,000,000 shares authorized 83,274,896 and 79,797,533 shares issued and outstanding as of March 31, 2018 and December 31, 2017 CommonStockValue $8.00K USD Point-in-time
Common stock, par value $0.0001, 300,000,000 shares authorized 83,274,896 and 79,797,533 shares issued and outstanding as of March 31, 2018 and December 31, 2017 CommonStockValue $8.00K USD Point-in-time
Shares To Be Issued SharesToBeIssued $80.00K USD Point-in-time
Shares To Be Issued SharesToBeIssued - USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $8.04M USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $9.01M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-11.15M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-11.85M USD Point-in-time
Total Stockholders' Deficit StockholdersEquity $-2.75M USD Point-in-time
Total Stockholders' Deficit StockholdersEquity $-3.10M USD Point-in-time
Total Liabilities and Stockholders' Deficit LiabilitiesAndStockholdersEquity $437.00K USD Point-in-time
Total Liabilities and Stockholders' Deficit LiabilitiesAndStockholdersEquity $86.00K USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Revenue Revenues $5.00K USD 1 Quarter
Revenue Revenues - USD 1 Quarter
Cost of goods sold CostOfGoodsSold - USD 1 Quarter
Cost of goods sold CostOfGoodsSold - USD 1 Quarter
Gross Profit GrossProfit $5.00K USD 1 Quarter
Gross Profit GrossProfit - USD 1 Quarter
Compensation SalariesAndWages $137.00K USD 1 Quarter
Compensation SalariesAndWages $52.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $703.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $90.00K USD 1 Quarter
Total operating expenses OperatingExpenses $142.00K USD 1 Quarter
Total operating expenses OperatingExpenses $840.00K USD 1 Quarter
Loss from operations OperatingIncomeLoss $-137.00K USD 1 Quarter
Loss from operations OperatingIncomeLoss $-840.00K USD 1 Quarter
Interest expense InterestExpense $122.00K USD 1 Quarter
Interest expense InterestExpense $7.00K USD 1 Quarter
Amortization of debt discount AmortizationOfFinancingCosts - USD 1 Quarter
Amortization of debt discount AmortizationOfFinancingCosts $364.00K USD 1 Quarter
Financing costs FinancingCosts $2.14M USD 1 Quarter
Financing costs FinancingCosts - USD 1 Quarter
Change in fair value of derivative liability DerivativeGainLossOnDerivativeNet $6.81M USD 1 Quarter
Change in fair value of derivative liability DerivativeGainLossOnDerivativeNet $2.77M USD 1 Quarter
Total Other (Income) Expense NonoperatingIncomeExpense $145.00K USD 1 Quarter
Total Other (Income) Expense NonoperatingIncomeExpense $6.80M USD 1 Quarter
Income (Loss) From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-695.00K USD 1 Quarter
Income (Loss) From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $6.66M USD 1 Quarter
Loss from operations of discontinued business component DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax - USD 1 Quarter
Loss from operations of discontinued business component DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax $-33.00K USD 1 Quarter
Gain from sale of discontinued business component DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD 1 Quarter
Gain from sale of discontinued business component DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD 1 Quarter
Total Income (Loss) From Discontinued Operations IncomeLossFromDiscontinuedOperationsNetOfTax $-33.00K USD 1 Quarter
Total Income (Loss) From Discontinued Operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Net Income (Loss) Before Income Taxes ProfitLoss $6.63M USD 1 Quarter
Net Income (Loss) Before Income Taxes ProfitLoss $-695.00K USD 1 Quarter
Income Tax Expense IncomeTaxExpenseBenefit - USD 1 Quarter
Income Tax Expense IncomeTaxExpenseBenefit - USD 1 Quarter
Net Income (Loss) NetIncomeLoss $6.63M USD 1 Quarter
Net Income (Loss) NetIncomeLoss $-695.00K USD 1 Quarter
-Basic IncomeLossFromContinuingOperationsPerBasicShare $-0.01 USD 1 Quarter
-Basic IncomeLossFromContinuingOperationsPerBasicShare $196.32 USD 1 Quarter
-Diluted IncomeLossFromContinuingOperationsPerDilutedShare $-0.01 USD 1 Quarter
-Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.08 USD 1 Quarter
-Basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.97 USD 1 Quarter
-Basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
-Diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
-Diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
-Basic EarningsPerShareBasic $-0.01 USD 1 Quarter
-Basic EarningsPerShareBasic $195.34 USD 1 Quarter
-Diluted EarningsPerShareDiluted $-0.01 USD 1 Quarter
-Diluted EarningsPerShareDiluted $0.08 USD 1 Quarter
-Basic WeightedAverageNumberOfSharesOutstandingBasic 80.95M shares 1 Quarter
-Basic WeightedAverageNumberOfSharesOutstandingBasic 33,940.00 shares 1 Quarter
-Diluted WeightedAverageNumberOfDilutedSharesOutstanding 87.40M shares 1 Quarter
-Diluted WeightedAverageNumberOfDilutedSharesOutstanding 91.91M shares 1 Quarter
Cash Flow Statement 57 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $6.63M USD 1 Quarter
Net income (loss) ProfitLoss $-695.00K USD 1 Quarter
Amortization of original issue discount AmortizationOfOriginalIssueDiscount $6.00K USD 1 Quarter
Amortization of original issue discount AmortizationOfOriginalIssueDiscount - USD 1 Quarter
Financing cost FinancingCosts $2.14M USD 1 Quarter
Financing cost FinancingCosts - USD 1 Quarter
Common stock issued for services CommonStockIssuedAsIncentive $-410.00K USD 1 Quarter
Common stock issued for services CommonStockIssuedAsIncentive - USD 1 Quarter
Common stock issued for conversion of note payable ConversionOfStockAmountIssued1 - USD 1 Quarter
Change in fair value of derivative liability DerivativeGainLossOnDerivativeNet $6.81M USD 1 Quarter
Change in fair value of derivative liability DerivativeGainLossOnDerivativeNet $2.77M USD 1 Quarter
Amortization of debt discount and debt issuance cost AmortizationOfDebtDiscountPremium $364.00K USD 1 Quarter
Amortization of debt discount and debt issuance cost AmortizationOfDebtDiscountPremium - USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-10.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable - USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $12.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $9.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $19.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-40.00K USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $6.00K USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $6.00K USD 1 Quarter
Accrued payroll IncreaseDecreaseInEmployeeRelatedLiabilities $95.00K USD 1 Quarter
Accrued payroll IncreaseDecreaseInEmployeeRelatedLiabilities $-52.00K USD 1 Quarter
Deferred revenues IncreaseDecreaseInDeferredRevenue $-24.00K USD 1 Quarter
Deferred revenues IncreaseDecreaseInDeferredRevenue - USD 1 Quarter
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-83.00K USD 1 Quarter
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-641.00K USD 1 Quarter
Proceeds from issuance of convertible note payable ProceedsFromConvertibleDebt $807.00K USD 1 Quarter
Proceeds from issuance of convertible note payable ProceedsFromConvertibleDebt - USD 1 Quarter
Repayments of convertible notes payable RepaymentsOfConvertibleDebt - USD 1 Quarter
Repayments of convertible notes payable RepaymentsOfConvertibleDebt $373.00K USD 1 Quarter
Proceeds from sale of common stock ProceedsFromIssuanceOfCommonStock $549.00K USD 1 Quarter
Proceeds from sale of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $983.00K USD 1 Quarter
Net Increase in Cash CashAndCashEquivalentsPeriodIncreaseDecrease $-83.00K USD 1 Quarter
Net Increase in Cash CashAndCashEquivalentsPeriodIncreaseDecrease $342.00K USD 1 Quarter
Cash at Beginning of Period CashAndCashEquivalentsAtCarryingValue $18.00K USD Point-in-time
Cash at Beginning of Period CashAndCashEquivalentsAtCarryingValue $419.00K USD Point-in-time
Cash at Beginning of Period CashAndCashEquivalentsAtCarryingValue $101.00K USD Point-in-time
Cash at Beginning of Period CashAndCashEquivalentsAtCarryingValue $77.00K USD Point-in-time
Cash at End of Period CashAndCashEquivalentsAtCarryingValue $18.00K USD Point-in-time
Cash at End of Period CashAndCashEquivalentsAtCarryingValue $419.00K USD Point-in-time
Cash at End of Period CashAndCashEquivalentsAtCarryingValue $101.00K USD Point-in-time
Cash at End of Period CashAndCashEquivalentsAtCarryingValue $77.00K USD Point-in-time
Interest InterestPaidNet - USD 1 Quarter
Interest InterestPaidNet - USD 1 Quarter
Income taxes paid IncomeTaxesPaid - USD 1 Quarter
Income taxes paid IncomeTaxesPaid - USD 1 Quarter
Issuance of common stock upon conversion of notes payable StockIssued1 - USD 1 Quarter
Issuance of common stock upon conversion of notes payable StockIssued1 $18.00K USD 1 Quarter
Issuance of Series A and B Preferred Stock upon settlement of related party advances and accrued payroll IssuanceOfPreferredStockUponSettlementOfRelatedPartyAdvancesAndAccruedPayroll - USD 1 Quarter
Issuance of Series A and B Preferred Stock upon settlement of related party advances and accrued payroll IssuanceOfPreferredStockUponSettlementOfRelatedPartyAdvancesAndAccruedPayroll - USD 1 Quarter
Issuance of Series A and B Preferred Stock upon acquisition of Recall Studios, Inc. IssuanceOfSeriesAndBPreferredStockUponAcquisitionOfRecallStudiosInc. - USD 1 Quarter
Issuance of Series A and B Preferred Stock upon acquisition of Recall Studios, Inc. IssuanceOfSeriesAndBPreferredStockUponAcquisitionOfRecallStudiosInc. - USD 1 Quarter
Extinguishment of derivative liability upon warrant expiration ExtinguishmentOfDerivativeLiabilityUponWarrantExpiration $2.58M USD 1 Quarter
Extinguishment of derivative liability upon warrant expiration ExtinguishmentOfDerivativeLiabilityUponWarrantExpiration - USD 1 Quarter
Stockholders Equity 12 line items
Line Item Tag Value Unit Period
Balance StockholdersEquity $-2.75M USD Point-in-time
Balance StockholdersEquity $-3.10M USD Point-in-time
Issuance of common stock for cash StockIssuedDuringPeriodValueNewIssues $549.00K USD 1 Quarter
Issuance of common stock for services StockIssuedDuringPeriodValueIssuedForServices $410.00K USD 1 Quarter
Issuance of common stock for commitment fee StockIssuedDuringPeriodValueForCommitmentFee $118.00K USD 1 Quarter
Conversion of Notes Payable into common shares DebtConversionConvertedInstrumentAmount1 $18.00K USD 1 Quarter
Conversion of warrants into common stock ConversionOfWarrantsIntoCommonStock - USD 1 Quarter
Cancellation of common stock for commitment fee refund CancellationOfCommonStockForCommitmentFeeRefund $-55.00K USD 1 Quarter
Net loss ProfitLoss $6.63M USD 1 Quarter
Net loss ProfitLoss $-695.00K USD 1 Quarter
Balance StockholdersEquity $-2.75M USD Point-in-time
Balance StockholdersEquity $-3.10M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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