Falcon's Beyond Global, Inc. Leases Disclosure
During May 2025, the Company assumed a warehouse lease as part of the OES Acquisition with a term through 2029.
The Company recorded $0.6 million in lease expense for the year ended December 31, 2025, included in Selling, general and administrative expense in the consolidated statements of operations and comprehensive income.
Operating lease supplemental cash flow information is as follows:
|
|
Year ended |
|
|
Operating cash outflows for amounts included in the measurement of operating lease liabilities |
|
$ |
471 |
|
Right-of-use assets obtained in exchange for operating lease liabilities |
|
|
2,608 |
|
The Company determined that the discount rate implied in the lease was determinable and was closely aligned with the lessors third party borrowing rate based on the payment terms of the lease which was designed for the lease payments to cover the property owners financing and related costs.
The weighted-average remaining lease terms and discount rates are as follows:
|
|
As of |
|
|
Weighted-average remaining lease term in years |
|
|
4.0 |
|
Weighted-average discount rate |
|
|
13 |
% |
Operating lease liabilities annual maturities are as follows:
|
|
As of |
|
|
2026 |
|
$ |
460 |
|
2027 |
|
|
549 |
|
2028 |
|
|
652 |
|
2029 |
|
|
699 |
|
Total future lease commitments |
|
$ |
2,360 |
|
Less imputed interest |
|
|
(698 |
) |
Present value of lease liabilities |
|
$ |
1,662 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 30, 2026 | Showing above |
| 2024 | Apr 3, 2025 | |
| 2023 | Apr 29, 2024 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.