v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 18,318 $ 7,826
Restricted cash 60 125
Short-term investments in debt and other securities 8,966 24,236
Accounts receivable, net 8,893 6,103
Other current assets 1,198 1,228
Total current assets 37,435 39,518
Investments in debt securities 0 7,463
Investments in equity method investees 3,668 3,848
Property and equipment, net 404 520
Content assets, net 31,000 31,511
Operating lease right-of-use assets 2,763 3,065
Other assets 461 257
Total assets 75,731 86,182
Current liabilities    
Content liabilities 362 282
Accounts payable 9,449 5,608
Accrued expenses and other liabilities 12,094 7,003
Deferred revenue 8,409 10,970
Total current liabilities 30,314 23,863
Warrant liability 0 88
Non-current operating lease liabilities 3,460 3,887
Other liabilities 470 496
Total liabilities 34,244 28,334
Commitments and contingencies (Note 13)
Common stock, shares outstanding (in shares) 58,734 56,598
Stockholders’ equity    
Common stock, $0.0001 par value – 125,000 shares authorized as of December 31, 2025, and December 31, 2024; 58,950 shares and 56,814 shares issued as of December 31, 2025 and December 31, 2024, respectively, including 216 treasury shares; 58,734 shares and 56,598 shares outstanding as of December 31, 2025 and December 31, 2024, respectively. $ 5 $ 5
Treasury stock (251) (251)
Additional paid-in capital 377,577 366,508
Accumulated deficit (335,844) (308,414)
Total stockholders’ equity 41,487 57,848
Total liabilities and stockholders’ equity $ 75,731 $ 86,182