v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income (loss) $ 1,103 $ (7,066)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Change in fair value of warrant liability 86 30
Additions to content assets (4,179) (1,693)
Change in content liabilities 120 (84)
Amortization of content assets 7,113 9,901
Depreciation and amortization expenses 83 210
Amortization of premiums and accretion of discounts associated with investments in debt securities, net (354) 0
Stock-based compensation 3,077 2,014
Equity method investment loss 307 1,908
Other non-cash items 145 239
Changes in operating assets and liabilities    
Accounts receivable (5,251) 154
Other assets 335 954
Accounts payable (521) (1,697)
Accrued expenses and other liabilities 4,023 (858)
Deferred revenue (1,376) (1,156)
Net cash provided by operating activities 4,711 2,856
Cash flows from investing activities    
Purchases of property and equipment (77) 0
Sales of investments in debt securities 2,000 0
Maturities of investments in debt securities 17,450 0
Purchases of investments in debt securities (11,070) 0
Net cash provided by investing activities 8,303 0
Cash flows from financing activities    
Repurchases of common stock 0 (26)
Dividends paid (12,665) (1,333)
Payments related to tax withholding (1,297) (68)
Net cash used in financing activities (13,962) (1,427)
Net increase in cash, cash equivalents and restricted cash (948) 1,429
Cash, cash equivalents and restricted cash, beginning of period 7,951 38,215
Cash, cash equivalents and restricted cash, end of period 7,003 39,644
Supplemental disclosure:    
Cash paid for taxes (151) 50
Cash paid for operating leases $ 235 $ 276