| Summary of Disaggregation of Revenue by Major Source, Sales Channel and by Geographical Region Based on Location of Sales Office |
The following table presents our revenues disaggregated by major source (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
|
Ended March 31, |
|
|
|
2026 |
|
|
2025 |
|
Digital advertising |
|
$ |
163,744 |
|
|
$ |
56,793 |
|
Broadcast advertising |
|
|
22,798 |
|
|
|
24,097 |
|
Spectrum usage rights |
|
|
797 |
|
|
|
1,786 |
|
Retransmission consent |
|
|
8,364 |
|
|
|
8,076 |
|
Other |
|
|
1,268 |
|
|
|
1,099 |
|
Total revenue |
|
$ |
196,971 |
|
|
$ |
91,851 |
|
The following table further disaggregates the Company’s broadcast advertising revenue by sales channel (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
|
Ended March 31, |
|
|
|
2026 |
|
|
2025 |
|
Local direct |
|
$ |
4,278 |
|
|
$ |
4,810 |
|
Local agency |
|
|
10,544 |
|
|
|
10,539 |
|
National agency |
|
|
7,976 |
|
|
|
8,748 |
|
Total revenue |
|
$ |
22,798 |
|
|
$ |
24,097 |
|
The following table further disaggregates the Company’s revenue by geographical region, based on the location of the sales office (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
|
Ended March 31, |
|
|
|
2026 |
|
|
2025 |
|
United States |
|
$ |
78,332 |
|
|
$ |
58,535 |
|
Asia |
|
|
75,926 |
|
|
|
- |
|
Rest of the World (1) |
|
|
42,713 |
|
|
|
33,316 |
|
Total revenue |
|
$ |
196,971 |
|
|
$ |
91,851 |
|
|