Falcon's Beyond Global, Inc. files 10-K

Falcon's Beyond Global, Inc. reported a net income of $6.312 million for the year ended December 31, 2025, a significant decrease from $149.481 million in 2024, primarily due to a large gain from the change in fair value of earnout liabilities in the prior year that did not recur. The company faces substantial doubt about its ability to continue as a going concern due to operational losses, negative cash flows, and a working capital deficiency, relying on additional financing and asset liquidations.