v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
NET REVENUE $ 77,651 $ 92,235
OPERATING EXPENSES:    
Programming and technical, including stock-based compensation of $— and $15 respectively 30,005 30,613
Selling, general and administrative, including stock-based compensation of $201 and $662 respectively 43,684 50,766
Depreciation and amortization 6,177 2,315
Impairment of intangible assets 0 6,443
Total operating expenses 79,866 90,137
Operating (loss) income (2,215) 2,098
INTEREST AND INVESTMENT INCOME 8 966
INTEREST EXPENSE (4,407) (10,924)
GAIN ON RETIREMENT OF DEBT 2,080 11,587
OTHER (EXPENSE) INCOME, NET (8) 192
(Loss) income before benefit from (provision for) income taxes (4,542) 3,919
BENEFIT FROM (PROVISION FOR) INCOME TAXES 1,441 (15,658)
NET LOSS (3,101) (11,739)
NET (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (22) 3
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (3,079) $ (11,742)
NET LOSS TO COMMON STOCKHOLDERS (per share)    
Basic (USD per share) [1] $ (0.69) $ (2.64)
Diluted (USD per share) [1] $ (0.69) $ (2.64)
WEIGHTED-AVERAGE SHARES OUTSTANDING:    
Basic (shares) [1] 4,449,258 4,442,165
Diluted (shares) [1] 4,449,258 4,442,165
[1] Weighted-average shares outstanding used in the computation of basic and diluted net loss to common stockholders per share have been retroactively adjusted to reflect the 1-for-10 Reverse Stock Split that occurred on January 22, 2026. See Note 2 - Summary of Significant Accounting Policies for additional information.