v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedules of Concentration of Risks
The following table represents revenue from our customers exceeding 10% of our total revenue for the three months ended March 31, 2026 and 2025:
Three Months Ended
March 31,
Customer20262025
Customer A(1)
17 %17 %
________________________
(1) Represents minimum guaranteed royalties from licensed digital operations of our Playboy Plus, Playboy TV (online and linear) and Playboy Club digital businesses to Byborg Enterprises SA (“Byborg”) pursuant to a License & Management Agreement (the “LMA”) we entered into with Byborg in the fourth quarter of 2024. Refer to Note 19, Related Party Transactions, within the notes to our audited consolidated financial statements set forth in our Annual Report on Form 10-K, filed with the SEC on March 16, 2026, for details regarding the LMA.
The following table represents accounts receivable from our customers that exceeded 10% of our total accounts receivable as of March 31, 2026 and December 31, 2025:
CustomerMarch 31,
2026
December 31,
2025
Customer B11 %14 %
Customer C
— %12 %
Customer D
— %12 %