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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended 4 Months Ended 5 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net income $ 6,258,699   $ (7,620,693) $ (7,620,693)      
OLD PlayStudios, Inc.              
Net income 5,918,000 $ 5,492,000     $ 12,807,000 [1],[2] $ 13,614,000 [1],[2] $ 2,822,000 [1],[2]
Other comprehensive loss:              
Change in foreign currency translation adjustment (296,000) [3] (55,000) [3]     383,000 [4] 179,000 [4] 188,000 [4]
Total other comprehensive loss (296,000) (55,000)     383,000 179,000 (188,000)
Comprehensive income $ 5,622,000 $ 5,437,000     $ 13,190,000 [1] $ 13,793,000 [1] $ 2,634,000 [1]
[1] As further discussed in Note 13, a related party held a noncontrolling interest in the Company’s subsidiary, International. As International incurred losses prior to the Company’s purchase of the noncontrolling interest in 2018 and losses of International were not allocable to the noncontrolling interest, net and comprehensive losses of International were not allocated to the noncontrolling interest.
[2] As further discussed in Note 13, a related party held a noncontrolling interest in the Company’s subsidiary, PlayStudios International Limited (“International”). As International incurred losses prior to the Company’s purchase of the noncontrolling interest in 2018 and losses of International were not allocable to the noncontrolling interest, net and comprehensive losses of International were not allocated to the noncontrolling interest.
[3] These amounts are presented gross of the effect of income taxes. The total change in foreign currency translation adjustment and the corresponding effect of income taxes are immaterial.
[4] These amounts are presented gross of the effect of income taxes. The total change in foreign currency translation adjustment and the corresponding effect of income taxes are immaterial.