Forest Road Acquisition Corp. II (FRXB) Financial Statements (2024 and earlier)

Company Profile

Business Address 1177 AVENUE OF THE AMERICAS, 5TH FLOOR
NEW YORK, NY 10036
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments154,312845,291
Cash and cash equivalents154,312845,291
Prepaid expense41,735207,540
Total current assets:196,0471,052,831
Noncurrent Assets
Long-term investments and receivables 354,613,132350,028,004
Long-term investments 354,613,132350,028,004
Prepaid expense  39,234
Asset, held-in-trust  
Total noncurrent assets:354,613,132350,067,238
TOTAL ASSETS:354,809,179351,120,069
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities833,660621,211
Taxes payable163,035
Accounts payable 69,400295,141
Accrued liabilities764,260163,035
Other undisclosed accounts payable and accrued liabilities  
Other undisclosed current liabilities (163,035)
Total current liabilities:833,660458,176
Noncurrent Liabilities
Liabilities, other than long-term debt 18,962,34625,173,325
Deferred compensation liability, classified 12,250,00012,250,000
Other liabilities 2,370,346 
Derivative instruments and hedges, liabilities 4,342,00012,923,325
Other undisclosed noncurrent liabilities  
Total noncurrent liabilities:18,962,34625,173,325
Total liabilities:19,796,00625,631,501
Temporary equity, carrying amount353,816,635350,000,000
Equity
Equity, attributable to parent, including:(18,803,462)(24,511,432)
Accumulated deficit(18,804,337)(24,512,307)
Other undisclosed equity, attributable to parent875875
Total equity:(18,803,462)(24,511,432)
TOTAL LIABILITIES AND EQUITY:354,809,179351,120,069

Income Statement (P&L) (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Operating expenses(3,208,926)(948,969)
Other undisclosed operating income 4,376,708
Operating loss:(3,208,926)(948,969)
Nonoperating income13,547,4898,781,542
Investment income, nonoperating4,966,164 
Income from continuing operations before income taxes:10,338,5637,832,573
Income tax expense(813,958) 
Income from continuing operations:9,524,6057,832,573
Income before gain (loss) on sale of properties:7,832,573
Net income attributable to parent:9,524,6057,832,573
Preferred stock dividends and other adjustments45,444,192(350,000,000)
Other undisclosed net income available to common stockholders, basic  
Net income (loss) available to common stockholders, diluted:54,968,797(342,167,427)

Comprehensive Income (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Net income:9,524,6057,832,573
Comprehensive income, net of tax, attributable to parent:9,524,6057,832,573

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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