v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities:    
Net loss $ (15,146) $ (12,461)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 3,698 4,585
Unrealized loss (gain) foreign currency 415 (501)
Stock-based compensation 1,552 1,377
Change in fair value of warrants (102) (1,234)
Amortization of debt discount and deferred issuance costs 263 546
Deferred income tax (30) 3
Provision for credit losses (157) (129)
Noncash lease expense 4,039 4,716
Changes in operating assets and liabilities:    
Accounts receivable 15,350 13,131
Prepaid expenses and other current assets and prepaid expenses and other assets (1,949) (3,163)
Film costs 153 0
Accounts payable 559 (6,886)
Accrued compensation 1,667 1,372
Accrued expenses, other current liabilities, and other liabilities (1,565) 4,277
Lease liabilities (5,169) (5,952)
Deferred revenue (893) 1,663
Cash provided by operating activities 2,685 1,344
Investing activities:    
Capital expenditures (244) (388)
Capitalization of internal-use software (3,953) (3,128)
Business combination, net of cash acquired 0 (233)
Proceeds from sale of asset 75 300
Cash used in investing activities (4,122) (3,449)
Financing activities:    
Borrowings from film financing arrangements 421 0
Payment on Convertible Notes 0 (285)
Payment of consent solicitation fees 0 (2,089)
Payment of film financing arrangements for feature films (218) 0
Payment of Term Loan's debt issuance / modification costs (280) 0
Payment for shares withheld for employee taxes (10) (25)
Payment of at-the-market offering issuance costs, net (69) (55)
Cash used in financing activities (156) (2,454)
Effect of currency translation on cash and cash equivalents (26) 237
Net decrease in cash and cash equivalents (1,619) (4,322)
Cash and cash equivalents and restricted cash at beginning of period 27,739 38,648
Cash and cash equivalents and restricted cash at end of period $ 26,120 $ 34,326