v3.25.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)
$ in Millions
Class A common stock
Common Stock
Forward purchase agreement
Class A common stock
Common Stock
Series A Convertible Participating Preferred Stock
Preferred Stock
Forward purchase agreement
[2],[3]
Series A Convertible Participating Preferred Stock
Preferred Stock
Depository Shares of AMC Preferred Equity
Preferred Stock
Forward purchase agreement
[2],[3]
Depository Shares of AMC Preferred Equity
Preferred Stock
Additional Paid-in Capital
Forward purchase agreement
[3]
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Total Stockholders' Deficit
Forward purchase agreement
Total Stockholders' Deficit
Total
Balance at the beginning of the period at Dec. 31, 2021   $ 0.5       $ 0.1   $ 4,862.0 $ (28.1) $ (6,624.0)   $ (1,789.5)  
Balance (in shares) at Dec. 31, 2021 [1]   51,397,910   5,139,791 [2]   51,397,910 [2]              
Increase (Decrease) in Stockholders' Equity                          
Net loss                   (973.6)   (973.6) $ (973.6)
Other comprehensive loss                 (49.2)     (49.2)  
Share issuances               217.6       217.6  
Share issuance (in shares) [1],[2]       2,077,482   20,774,813              
Taxes paid for restricted unit withholdings               (52.3)       (52.3)  
Stock-based compensation               22.5       22.5  
Stock-based compensation (in shares) [1]   285,982   28,599 [2]   285,982 [2]              
Balance at the end of the period at Dec. 31, 2022   $ 0.5       $ 0.1   5,049.8 (77.3) (7,597.6)   (2,624.5)  
Balance (in shares) at Dec. 31, 2022 [1]   51,683,892   7,245,872 [2]   72,458,705 [2]              
Increase (Decrease) in Stockholders' Equity                          
Net loss                   (396.6)   (396.6) (396.6)
Other comprehensive loss                 (0.9)     (0.9)  
Share issuances   $ 0.9         $ 193.7 759.4     $ 193.7 [3] 760.3  
Share issuance (in shares) [1]   88,030,843 1,976,213 705,036 [2] 19,762,130 7,050,362 [2]              
Conversion of convertible securities   $ 1.0       $ (0.1)   (0.9)          
Conversion of convertible securities (in shares) [1]   99,540,642   (9,954,065) [2]   (99,540,642) [2]              
Settlement payment   $ 0.1           99.2       99.3  
Settlement payment (In shares) [1]   6,897,018                      
Debt for equity exchange   $ 0.1           92.8       92.9  
Debt for equity exchange (shares) [1]   14,186,651                      
Taxes paid for restricted unit withholdings               (14.2)       (14.2)  
Stock-based compensation               42.1       42.1  
Stock-based compensation (in shares) [1]   235,346   26,944 [2]   269,445 [2]              
Balance at the end of the period at Dec. 31, 2023   $ 2.6           6,221.9 (78.2) (7,994.2)   (1,847.9)  
Balance (in shares) at Dec. 31, 2023 [1]   260,574,392                      
Increase (Decrease) in Stockholders' Equity                          
Net loss                   (352.6)   (352.6) $ (352.6)
Other comprehensive loss                 (53.8)     (53.8)  
Share issuances $ 0.3 $ 0.7           252.8     $ 0.3 253.5  
Share issuance (in shares) [1] 30,000,000 75,497,216                      
Debt for equity exchange   $ 0.5           219.8       220.3  
Debt for equity exchange (shares) [1]   47,654,455                      
Taxes paid for restricted unit withholdings               (2.2)       (2.2)  
Stock-based compensation [4]               21.9       21.9  
Stock-based compensation (in shares) [1],[4]   691,734                      
Balance at the end of the period at Dec. 31, 2024   $ 4.1           $ 6,714.2 $ (132.0) $ (8,346.8)   $ (1,760.5)  
Balance (in shares) at Dec. 31, 2024 [1]   414,417,797                      
[1] Share counts have been retroactively adjusted to reflect the effect of the reverse stock split.
[2] Share counts have been retroactively adjusted to reflect the effect of the stock split.
[3] Includes $75.1 million of cash proceeds and $118.6 million carrying value of the debt exchanged for AMC Preferred Equity Units.
[4] Includes 202,392 Common Stock shares awarded to the Board of Directors and 489,342 vested Common Stock RSUs and PSUs.