v3.24.1
Consolidated Statements of Shareholders’ Equity - USD ($)
Class A
Common Stock
Class C
Common Stock
Class D
Common Stock
Legacy Rumble Class A
Common Stock
Legacy Rumble Class B
Common Stock
Class B
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2021 $ 43,223,609 $ 129,761 $ 4,392,666 $ (17,378,707) $ 30,367,329
Balance (in Shares) at Dec. 31, 2021 8,119,690 135,220      
Issuance of Legacy Rumble Class A Common Stock in exchange for Legacy Rumble preference shares $ 17,314,203 17,314,203
Issuance of Legacy Rumble Class A Common Stock in exchange for Legacy Rumble preference shares (in Shares)       606,360          
Issuance of Class A and C Common Stock in exchange for Legacy Rumble Class A and B common shares $ 4,897 $ 16,876 $ (60,537,812) $ (129,761) 60,645,800
Issuance of Class A and C Common Stock in exchange for Legacy Rumble Class A and B common shares (in Shares) 48,970,404 168,762,214   (8,726,050) (135,220)        
Issuance of Class A Common Stock in exchange for Legacy Rumble warrants $ 731,281 (731,281)
Issuance of Class A Common Stock in exchange for Legacy Rumble warrants (in Shares) 14,153,048                
Repurchase of Class C Common Stock in the Key Individual Subscription Agreement $ (110) (10,999,890) (11,000,000)
Repurchase of Class C Common Stock in the Key Individual Subscription Agreement (in Shares) (1,100,000)      
Issuance of Class D Common Stock in the Key Individual Subscription Agreement $ 10,578 989,422 1,000,000
Issuance of Class D Common Stock in the Key Individual Subscription Agreement (in Shares)     105,782,403            
Issuance of Class A and B Common Stock in connection with the Qualifying Transaction $ 1,088 $ 750 105,089,512 105,091,350
Issuance of Class A and B Common Stock in connection with the Qualifying Transaction (in Shares) 10,875,000         7,500,000      
Issuance of Class A Common Stock in exchange for CFVI Class B common shares $ 750 $ (750)
Issuance of Class A Common Stock in exchange for CFVI Class B common shares (in Shares) 7,500,000         (7,500,000)      
Issuance of Class A Common Stock in connection with public shares $ 2,997 299,690,113 299,693,110
Issuance of Class A Common Stock in connection with public shares (in Shares) 29,969,311                
Issuance costs in connection with the Qualifying Transaction (54,091,750) (54,091,750)
Excess fair value over net assets acquired – listing fee (2,265,284) (2,265,284)
Eliminate CFVI’s historical accumulated deficit (37,003,588) (37,003,588)
Share-based compensation 1,933,403 1,933,403
Loss for the year (11,403,994) (11,403,994)
Balance at Dec. 31, 2022 $ 741,013 $ 16,766 $ 10,578 367,649,123 (28,782,701) 339,634,779
Balance (in Shares) at Dec. 31, 2022 111,467,763 167,662,214 105,782,403      
Issuance of Class A Common Stock in connection with Callin acquisition $ 149       14,664,682 14,664,831
Issuance of Class A Common Stock in connection with Callin acquisition (in Shares) 981,243                
Issuance costs in connection with Callin acquisition       (40,478) (40,478)
Holdback of Class A Common Stock for the repayment of domain name loan in connection with the acquisition of Locals Technology Inc. $ (3)       (391,232) (391,235)
Holdback of Class A Common Stock for the repayment of domain name loan in connection with the acquisition of Locals Technology Inc. (in Shares) (26,731)                
Issuance of Class A Common Stock upon vesting of restricted stock units $ 55       55
Issuance of Class A Common Stock upon vesting of restricted stock units (in Shares) 551,522                
Issuance of Class A Common Stock in exchange for Class C Common Stock $ 231 $ (231)      
Issuance of Class A Common Stock in exchange for Class C Common Stock (in Shares) 2,308,593 (2,308,593)              
Net share settlement on restricted stock units $ (35)       (2,107,536) (2,107,571)
Net share settlement on restricted stock units (in Shares) (355,690)                
Issuance of Class A Common Stock in exchange for CFVI Class B common shares (in Shares) 7,500,000                
Share-based compensation       16,283,229 16,283,229
Loss for the year       (116,420,462) (116,420,462)
Balance at Dec. 31, 2023 $ 741,410 $ 16,535 $ 10,578       $ 396,057,788 $ (145,203,163) $ 251,623,148
Balance (in Shares) at Dec. 31, 2023 114,926,700 165,353,621 105,782,403