v3.26.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Type
The following table sets forth the Company’s disaggregated revenues for the three months ended March 31, 2026, and 2025, as well as the relative percentage of total revenue:
Three Months Ended
March 31,
(in thousands)20262025
Subscription8,826 58%9,281 61%
Licensing (1)
6,017 40%5,411 36%
Other318 2%398 3%
Total revenues
$15,161 $15,090 
(1) The 2026 and 2025 amounts include $3.8 million and $1.7 million of trade and barter transactions, respectively.
Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations
As of March 31, 2026, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows:
Remainder of
Year Ending
December 31,
2026		Year Ended December 31,
(in thousands)
202720282029ThereafterTotal
Remaining performance obligations$2,316 $538 $317 $98 $16 $3,285 
Schedule of Contract Liability Balances
The following table provides a roll-forward of the contract liability balances for the three months ended March 31, 2026, and 2025:
Three Months Ended March 31,
(in thousands)20262025
Balance at beginning of period$8,733 $11,350 
Revenue recognized in the current period from beginning balance(3,693)(4,941)
New deferrals, net of amounts recognized in current period3,895 4,462 
Balance at end of period$8,935 $10,871 
Schedule of Trade and Barter Revenues
For the three months ended March 31, 2026, and 2025, trade and barter revenues were as follows:
Three Months Ended
March 31,
(in thousands)
20262025
Trade and barter license fees: Content Licensing
$3,848 $1,717 
Schedule of Trade and Barter Expenses
For the three months ended March 31, 2026, and 2025, trade and barter cost of revenues were as follows:
Three Months Ended
March 31,
(in thousands)
20262025
Cost of revenues $— $3 
Schedule of Trade and Barter Transactions
For the three months ended March 31, 2026, and 2025, additions to content assets resulting from trade and barter transactions were as follows:
Three Months Ended
March 31,
(in thousands)
20262025
Content assets acquired$3,848 $1,714