v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (restricted cash of $0.1 million at June 30, 2026 and December 31, 2025, respectively) $ 32,389 $ 39,017
Restricted short-term investments 4,250 4,250
Inventory 12,570 9,410
Prepaid expenses 4,995 6,823
Other current assets 3,202 4,338
Total current assets 57,406 63,838
Property and equipment, net 5,815 8,523
Content assets, net 5,452 6,292
Goodwill 65,166 65,166
Right-of-use assets, net 1,224 1,625
Other assets 1,446 1,591
Total assets 136,509 147,035
Current liabilities:    
Accounts payable 6,839 5,304
Accrued expenses 13,091 18,408
Deferred revenue 48,785 56,866
Current portion of lease liabilities 796 1,036
Current portion of Term Loan 2,125 1,062
Other current liabilities 1,351 3,920
Total current liabilities 72,987 86,596
Term Loan 21,440 22,564
Long-term lease liabilities, net 511 738
Other liabilities 4,381 5,817
Total liabilities 99,319 115,715
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized, none issued and outstanding at June 30, 2026 and December 31, 2025
Additional paid-in capital 679,931 677,743
Accumulated deficit (642,708) (646,378)
Accumulated other comprehensive loss (35) (47)
Total stockholders' equity 37,190 31,320
Total liabilities and stockholders' equity 136,509 147,035
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock value 1 1
Class X Common Stock [Member]    
Stockholders' equity:    
Common stock value 1 1
Class C Common Stock [Member]    
Stockholders' equity:    
Common stock value $ 0 $ 0