v3.25.4
SEGMENT AND GEOGRAPHIC INFORMATION
 12 Months Ended
Dec. 31, 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 years ended December 31, 2025, and 2024:
Year Ended December 31,
(in thousands)20252024
Revenues$71,658 $51,134 
Less:
Content amortization14,511 19,130 
Other cost of revenues16,602 6,233 
Advertising and marketing14,028 14,434 
Payroll and related12,768 10,515 
Other general and administrative21,053 14,155 
Total operating expenses78,962 64,467 
Operating loss(7,304)(13,333)
Other segment items*$891 $524 
Loss before income taxes$(6,413)$(12,809)
Provision for income taxes$14 $132 
Net loss$(6,427)$(12,941)
* 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 U.S. For the years ended December 31, 2025, and 2024, revenue by geographic region based on customer location was as follows:
Year Ended December 31,
(in thousands) 20252024
United States$55,850 78%$33,457 65%
International15,808 22%17,677 35%
Total$71,658 100%$51,134 100%
No revenue from any foreign country comprised of 10% or greater of total revenue for either of the periods presented.