v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted income (loss) per common share attributable to the Company’s stockholders (in thousands, except per share data):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
(Loss) income from continuing operations$(176)$12,412 $(2,834)$16,409 
Income from discontinued operations, net of tax— 96,227 — 96,250 
Net (loss) income$(176)$108,639 $(2,834)$112,659 
Denominator:
Weighted average number of shares of common stock outstanding - basic (1)47,498,571 47,398,767 47,494,677 47,397,193 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Add: effect of dilutive Series G convertible preferred stock (2)— 8,582 — 8,582 
Add: effect of dilutive restricted stock units— 427 — — 
Add: effect of dilutive common stock options— 227,370 — 97,494 
Weighted average number of common shares outstanding – dilutive47,498,571 47,635,146 47,494,677 47,503,269 
Net income (loss) from continuing operations$— $0.26 $(0.06)$0.35 
Net income (loss) from discontinued operations— 2.03 — 2.03 
Basic net income (loss) per common share$— $2.29 $(0.06)$2.38 
Net income (loss) from continuing operations$— $0.26 $(0.06)$0.35 
Net income (loss) from discontinued operations— 2.02 — 2.03 
Diluted net income (loss) per common share$— $2.28 $(0.06)$2.38 
(1)    Includes: restricted stock awards only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested; restricted stock units only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested; and contingently issuable shares only when there are no circumstances under which those shares would not be issued.
(2) On December 9, 2025, 168 shares of Series G Convertible Preferred Stock were converted to common stock. As a result, no convertible preferred shares are outstanding as of June 30, 2026.
Schedule of Antidilutive Securities Anti-dilutive potential shares of common stock are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Financing Warrants (1)— 39,774 — 39,774 
ABG Warrants (1)— — — — 
AllHipHop Warrants (1)— 5,682 — 5,682 
Publisher Partner Warrants (1)— 9,800 — 9,800 
Restricted stock units— 36,575 — 37,002 
Common stock options2,996,449 2,931,149 2,996,449 3,061,025 
Anti-dilutive securities, excluded2,996,449 3,022,980 2,996,449 3,153,283 
(1) Financing Warrants, ABG Warrants, AllHipHop Warrants, and Publisher Partner Warrants were all either expired, forfeited, or cancelled as of December 31, 2025.