v3.26.1
CONTENT ASSETS (Tables)
6 Months Ended
Jun. 30, 2026
Capitalized Licensed Content Costs [Abstract]  
Schedule of Content Assets Net
Content assets, net consisted of the following (in thousands):
As of
June 30, 2026December 31, 2025
Licensed content, net and advances$89,459 $95,017 
Produced content:
Released, less amortization55,742 57,808 
Completed, not released5,574 9,109 
In production7,833 8,039 
Total produced content, net69,149 74,956 
Total Content assets, net and advances$158,608 $169,973 
Current portion (included in Prepaid expenses and other current assets)$6,988 $2,065 
Non-current portion$151,620 $167,908 
Schedule of Amortization of Content Assets included in Cost of Revenue in Condensed Consolidated Statement of Operation
Amortization of content assets is primarily included in Cost of revenue, advertising in the condensed consolidated statements of operations and is as follows (in thousands):
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Licensed content$43,777 $42,517 $79,810 $80,178 
Produced content9,456 10,442 19,170 20,825 
Total amortization costs$53,233 $52,959 $98,980 $101,003