v3.26.1
Other Liabilities
3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Other Liabilities Other Liabilities
Other current liabilities
Other current liabilities were as follows (in thousands):
As of
March 31,
2026
December 31,
2025
Deferred revenue$3,050 $5,486 
Income taxes payable1,228 101 
Other20 39 
Total other current liabilities$4,298 $5,626 
Deferred revenue primarily relates to customer creative credits earned to be utilized in future periods and creative production services in progress. Total deferred revenue as of December 31, 2025, was $5.5 million, of which $3.6 million was recognized as revenue during the three months ended March 31, 2026. Total deferred revenue as of March 31, 2026, was $3.1 million, which is expected to be recognized over the next 12 months.
Other liabilities, non-current
Other liabilities, non-current were as follows (in thousands):
As of
March 31,
2026
December 31,
2025
Income taxes payable$4,354 $3,879 
Contingent liability— 166 
Total other non-current liabilities$4,354 $4,045 
Contingent liability
In connection with the Maximum Effort Marketing acquisition on August 25, 2021, the Company issued contingent consideration worth up to 1,574,721 shares ("Earnout Shares"), based upon achievement of certain market conditions, which was initially valued at $1.6 million at the date of acquisition. The contingent liability is carried at fair value with decreases or increases in fair value at each reporting date recorded as other income (expense), net in the condensed consolidated statements of operations. In connection with the closing of the Maximum Effort Marketing Transaction on April 1, 2025, the market conditions associated with the Earnout Shares were subsequently amended and the earnout period was extended through March 31, 2027. The balance of the contingent liability included in other liabilities on the condensed consolidated balance sheets was $0 as of March 31, 2026 and $0.2 million as of December 31, 2025.