v3.26.1
Balance Sheet Components
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
The components of certain balance sheet amounts are as follows:
Accounts Receivable and Allowance for Credit Losses – The Company receives payments from advertising customers based upon contractual payment terms; accounts receivable is recorded when the right to consideration becomes unconditional and are generally collected within 90 days. The Company generally receives payments from digital subscription customers at the time of sign up for each subscription; accounts receivable from merchant credit card processors are recorded when the right to consideration becomes unconditional and are generally collected weekly. Accounts receivable have been reduced by an allowance for credit losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations. Accounts receivable are written off when deemed uncollectible and collection of the receivable is no longer being actively pursued. Accounts receivable as of March 31, 2026 and December 31, 2025 of $18,149 and $22,270, respectively, are presented net of allowance for credit losses.
The following table summarizes the allowance for credit losses activity:
Three Months Ended March 31, 2026Year Ended December 31, 2025
Allowance for credit losses beginning of year$1,255 $1,458 
Additions32 614 
Deductions - write-off(118)(817)
Allowance for credit losses end of period$1,169 $1,255 
Prepayments and Other Current Assets – Prepayments and other current assets are summarized as follows:
As of
March 31, 2026December 31, 2025
Prepaid expense$1,390 $1,102 
Prepaid supplies450 626 
Employee retention credits1,285 1,294 
Total prepayments and other current assets$3,125 $3,022 
Under the provisions of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and the subsequent extensions of the CARES Act, the Company was eligible for a refundable employee retention credit subject to certain criteria. As of March 31, 2026 and December 31, 2025, the Company has a receivable balance of $1,285 and $1,294, respectively, as presented in the above table.

Property and Equipment – Property and equipment are summarized as follows:
As of
March 31, 2026December 31, 2025
Office equipment and computers$1,777 $1,777 
Leasehold improvements54 54 
Furniture and fixtures133 133 
1,964 1,964 
Less accumulated depreciation and amortization(1,908)(1,908)
Net property and equipment$56 $56 
Depreciation and amortization expense for the three months ended March 31, 2026 and 2025 was $0 and $41, respectively. No impairment charges for either the three months ended March 31, 2026 or 2025 were incurred.
Platform Development – Platform development costs are summarized as follows:
As of
March 31, 2026December 31, 2025
Platform development$12,410 $38,499 
Less accumulated amortization(2,904)(28,737)
Net platform development$9,506 $9,762 
A summary of platform development activity for the three months ended March 31, 2026 is as follows:
Platform development beginning of period$38,499 
Capitalized costs769 
Less dispositions(26,858)
Total capitalized costs12,410 
Platform development end of period$12,410 
Amortization expense for platform development for the three months ended March 31, 2026 and 2025 was $1,050 and $1,276, respectively. Amortization expense for platform development is included in cost of revenue on the consolidated statements of operations and comprehensive loss. No impairment charges for platform development for either the three months ended March 31, 2026 or 2025 were recorded on the consolidated statements of operations and comprehensive loss.
Intangible Assets – Intangible assets subject to amortization consisted of the following:
As of March 31, 2026As of December 31, 2025
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Developed technology$— $— $— $17,333 $(17,333)$— 
Brand name14,265 (4,587)9,678 15,115 (5,118)9,997 
Trade name4,433 (1,366)3,067 5,181 (2,052)3,129 
Subscriber relationships2,150 (1,775)375 2,150 (1,634)516 
Advertiser relationships14,519 (6,120)8,399 14,519 (5,749)8,770 
Database— — — 1,140 (1,140)— 
Digital content— — — 355 (355)— 
Total intangible assets$35,367 $(13,848)$21,519 $55,793 $(33,381)$22,412 
Intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. Amortization expense for the three months ended March 31, 2026 and 2025 was $893 and $849, respectively, and is included in Depreciation and amortization on the condensed consolidated statements of operations.
No impairment charges from continuing operations were recorded for intangible assets for the three months ended March 31, 2026 and 2025.
Accrued Expenses and Other – Accrued expenses and other are summarized as follows:
As of
March 31, 2026December 31, 2025
General accrued expenses$1,899 $3,264 
Accrued payroll and related taxes181 89 
Accrued publisher expenses2,652 3,619 
Liabilities in connection with acquisitions and dispositions317 320 
Assumed lease liability25 — 
Other accrued expenses280 339 
Total accrued expenses and other$5,354 $7,631