v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Information [Abstract]  
Schedule of Operating Segment

The table below provides a summary of the Company’s operating segment results for the six months ended June 30, 2026 and 2025:

 

    For the Six Months Ended
June 30,
 
    2026     2025  
Net revenues:            
Cheers APPs Internet Business   $ 57,733     $ 65,497  
Traditional Media Business     2,796       5,496  
Total consolidated net revenues     60,529       70,993  
Operating expenses:                
Cheers APPs Internet Business     (47,724 )     (54,655 )
Traditional Media Business     (2,312 )     (4,585 )
Total segment operating expenses     (50,036 )     (59,240 )
Operating income:                
Cheers APPs Internet Business     10,009       10,842  
Traditional Media Business     484       911  
Total segment operating income     10,493       11,753  
Unallocated item *     -       (3,429 )
Total consolidated operating income   $ 10,493     $ 8,324  

 

* The unallocated item for the six months ended June 30, 2026 and 2025 presents the share-based compensation for employees, which is not allocated to segments.