| Summary of Disaggregation of Revenue by Major Source, Sales Channel and by Geographical Region Based on Location of Sales Office |
The following table presents our revenues disaggregated by major source (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
Six-Month Period |
|
|
|
Ended June 30, |
|
|
Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Digital advertising |
|
$ |
193,168 |
|
|
$ |
63,255 |
|
|
$ |
356,912 |
|
|
$ |
120,048 |
|
Broadcast advertising |
|
|
24,344 |
|
|
|
26,644 |
|
|
|
47,142 |
|
|
|
50,741 |
|
Spectrum usage rights |
|
|
808 |
|
|
|
1,781 |
|
|
|
1,605 |
|
|
|
3,567 |
|
Retransmission consent |
|
|
8,211 |
|
|
|
7,708 |
|
|
|
16,575 |
|
|
|
15,784 |
|
Other |
|
|
1,370 |
|
|
|
1,347 |
|
|
|
2,638 |
|
|
|
2,446 |
|
Total revenue |
|
$ |
227,901 |
|
|
$ |
100,735 |
|
|
$ |
424,872 |
|
|
$ |
192,586 |
|
The following table further disaggregates the Company’s broadcast advertising revenue by sales channel (in thousands):
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
Six-Month Period |
|
|
|
Ended June 30, |
|
|
Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Local direct |
|
$ |
4,661 |
|
|
$ |
4,879 |
|
|
$ |
8,939 |
|
|
$ |
9,689 |
|
Local agency |
|
|
10,901 |
|
|
|
12,001 |
|
|
|
21,445 |
|
|
|
22,540 |
|
National agency |
|
|
8,782 |
|
|
|
9,764 |
|
|
|
16,758 |
|
|
|
18,512 |
|
Total revenue |
|
$ |
24,344 |
|
|
$ |
26,644 |
|
|
$ |
47,142 |
|
|
$ |
50,741 |
|
The following table further disaggregates the Company’s revenue by geographical region, based on the location of the sales office (in thousands):
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three-Month Period |
|
|
Six-Month Period |
|
|
|
Ended June 30, |
|
|
Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
United States |
|
$ |
88,677 |
|
|
$ |
64,634 |
|
|
$ |
167,009 |
|
|
$ |
123,169 |
|
Asia |
|
|
97,464 |
|
|
|
3,316 |
|
|
|
173,390 |
|
|
|
3,316 |
|
Europe |
|
|
40,848 |
|
|
|
32,310 |
|
|
|
83,161 |
|
|
|
65,213 |
|
Rest of the World |
|
|
912 |
|
|
|
475 |
|
|
|
1,312 |
|
|
|
888 |
|
Total revenue |
|
$ |
227,901 |
|
|
$ |
100,735 |
|
|
$ |
424,872 |
|
|
$ |
192,586 |
|
|