v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
Schedule of Operating Segment

The table below provides a summary of the Company’s operating segment results For the six months ended June 30, 2025 and 2024: 

 

   For the Six Months Ended
June 30,
 
   2025   2024 
Net revenues:        
Cheers APPs Internet Business  $65,497   $61,506 
Traditional Media Business   5,496    9,549 
Total consolidated net revenues   70,993    71,055 
Operating expenses:          
Cheers APPs Internet Business   (54,655)   (50,926)
Traditional Media Business   (4,585)   (7,906)
Total segment operating expenses   (59,240)   (58,832)
Operating income:          
Cheers APPs Internet Business   10,842    10,580 
Traditional Media Business   911    1,643 
Total segment operating income   11,753    12,223 
Unallocated item *   
-
    (584)
Total consolidated operating income  $11,753   $11,639 

 

*The unallocated item for the six months ended June 30, 2025 presents the share-based compensation for employees, which is not allocated to segments.