v3.26.1
Prepaid Expenses and Other Current Assets
 3 Months Ended
Mar. 31, 2026
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid Expenses and Other Current Assets Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets were as follows (in thousands):
As of
March 31,
2026		December 31,
2025
Prepaid expenses and events$7,164 4,559 
Notes receivable
5,371 $5,318 
Creative production advances472 666 
Income tax overpayment200 200 
Vendor credit— 3,500 
Other26 233 
Total$13,233 $14,476 
Notes Receivable - AMT Notes
In April 2025, the Company issued full recourse promissory notes and pledge agreements with four employees to facilitate alternative minimum tax liability payments for a total of $4.6 million (the "AMT Notes"). The AMT Notes accrue interest at a rate of 4.46% per annum. On December 29, 2025, the notes were amended to extend the maturity date, becoming due and payable, together with interest accrued and unpaid, on the earliest to occur of (i) November 10, 2026 and (ii) the date immediately prior to the day that the existence of the note would otherwise violate the Sarbanes-Oxley Act of 2002. The AMT Notes are collateralized by shares of common stock held by the employees. As of March 31, 2026, $4.8 million of principal and accrued interest is outstanding.
Vendor Credit
During the year ended December 31, 2025, the Company received a credit memo for 2025 purchases. As the credit can be applied against 2026 purchases from this vendor, the Company has offset this credit against balances owed to the vendor within accounts payable and accrued expenses on the condensed consolidated balance sheet as of March 31, 2026.