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SEGMENT AND GEOGRAPHIC INFORMATION
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION SEGMENT AND GEOGRAPHIC INFORMATION
The Company operates as one reportable segment. The Company’s Chief Operating Decision Maker ("CODM"), its Chief Executive Officer ("CEO"), reviews financial information on a consolidated basis to make operating decisions, assess financial performance, and allocate resources.

In evaluating performance, the CODM primarily assesses operating loss and net loss, as reported on the consolidated statement of operations and regularly reviews certain significant expense categories, including content amortization, other cost of revenues, advertising and marketing, payroll and related expenses, and other general and administrative expenses. These expense categories are considered key factors in managing the business and guiding resource allocation decisions.

This approach ensures that the Company’s financial reporting reflects the way management monitors expenses and overall financial performance.
The following table presents financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2025, and 2024;
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2025202420252024
Revenues$19,012 $12,395 $34,102 $24,396 
Less:
Content amortization3,600 4,686 7,113 9,901 
Other cost of revenues5,264 1,318 8,831 2,851 
Advertising and marketing3,275 2,981 6,209 6,086 
Payroll and related2,457 2,504 5,089 5,156 
Other general and administrative3,936 3,455 6,301 6,605 
Total operating expenses18,532 14,944 33,543 30,599 
Operating income (loss)480 (2,549)559 (6,203)
Other segment items1
$189 $573 $457 $(774)
Income (loss) before income taxes$669 $(1,976)$1,016 $(6,977)
Provision for income taxes$(115)$55 $(87)$89 
Net income (loss)$784 $(2,031)$1,103 $(7,066)
1 Other segment items include changes in the fair value of warrant liabilities, interest and other income, and equity method investment loss. See the consolidated financial statements for additional information regarding the Company’s operating segment.
All long-lived tangible assets are located in the United States. For the three and six months ended June 30, 2025, and 2024, revenue by geographic location based on customer location was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2025202420252024
United States$14,683 77%$7,616 61%$25,419 75%$15,041 62%
International4,329 23%4,779 39%8,683 25%9,355 38%
Total revenue$19,012 100%$12,395 100%$34,102 100%$24,396 100%
Revenue from no foreign country comprised 10% or greater of total revenue for one or more of the periods presented.