v3.25.2
REVENUE (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Type
The following table sets forth the Company’s disaggregated revenues for the three and six months ended June 30, 2025, and 2024, as well as the relative percentage to total revenue:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2025202420252024
Direct Business:
Direct-to-Consumer
6,053 32%8,097 65%12,583 37%16,236 67%
Partner Direct
2,329 12%1,743 14%4,509 13%3,216 13%
Total Direct Business8,382 44%9,840 79%17,092 50%19,452 80%
Content Licensing:
Library sales
9,341 49%1,172 9%14,753 43%2,040 8%
Presales— —%145 1%— —%441 2%
Total Content Licensing9,341 49%1,317 11%14,753 43%2,481 10%
Bundled Distribution921 5%1,084 9%1,493 4%2,226 9%
Other368 2%154 1%764 2%237 1%
Total revenues
$19,012 $12,395 $34,102 $24,396 
Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations
As of June 30, 2025, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows:
Remainder of
Year Ending
December 31,
2025		Year Ended December 31,
(in thousands)
202620272028ThereafterTotal
Remaining performance obligations$1,680 $676 $306 $144 $85 $2,891 
Schedule of Trade and Barter Revenues
For the three and six months ended June 30, 2025, and 2024, trade and barter revenues were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)
2025202420252024
Trade and barter license fees: Content Licensing
$1,857 $864 $3,573 $1,088 
Schedule of Trade and Barter Expenses
For the three and six months ended June 30, 2025, and 2024, trade and barter cost of revenues were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)
2025202420252024
 Cost of revenues $16 $— $18 $— 
Schedule of Trade and Barter Transactions
For the six months ended June 30, 2025, and 2024, additions to content assets resulting from trade and barter transactions were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)
2025202420242023
Content assets acquired$1,841 $864 $3,555 $1,088