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SEGMENT AND GEOGRAPHIC INFORMATION
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION SEGMENT AND GEOGRAPHIC INFORMATION
The Company operates as one reportable segment. The Company’s Chief Operating Decision Maker ("CODM"), its Chief Executive Officer ("CEO"), reviews financial information on a consolidated basis to make operating decisions, assess financial performance, and allocate resources.
In evaluating performance, the CODM primarily assesses operating loss and net loss, as reported on the consolidated statement of operations and regularly reviews certain significant expense categories, including content amortization, other cost of revenues, advertising and marketing, payroll and related expenses, and other general and administrative expenses. These expense categories are considered key factors in managing the business and guiding resource allocation decisions.
This approach ensures that the Company’s financial reporting reflects the way management monitors expenses and overall financial performance.
The following table presents financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2026, and 2025:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2026202520262025
Revenues$23,245 $19,012 $38,406 $34,102 
Less:
Content amortization4,134 3,600 7,812 7,113 
Other cost of revenues2,179 5,264 5,158 8,831 
Advertising and marketing1,900 3,275 5,415 6,209 
Payroll and related2,448 2,457 5,337 5,089 
Other general and administrative3,404 3,936 7,048 6,301 
Total operating expenses14,065 18,532 30,770 33,543 
Operating (loss) income9,180 480 7,636 559 
Other segment items1
$136 $189 $376 $457 
(Loss) income before income taxes$9,316 $669 $8,012 $1,016 
Provision for (benefit from) income taxes$434 $(115)$458 $(87)
Net (loss) income$8,882 $784 $7,554 $1,103 
1 Other segment items include interest and other income, and equity method investment income for the three and six months ended June 30, 2026. Other segment items include changes in the fair value of warrant liabilities, interest and other income, and equity method investment loss for the three and six months ended June 30, 2025. See the consolidated financial statements for additional information regarding the Company’s operating segment.
All long-lived tangible assets are located in the United States. For the three and six months ended June 30, 2026, and 2025, revenue by geographic location based on customer location was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2026202520262025
 United States
$18,080 78%$14,683 77%$30,395 79%$25,419 75%
International
Germany2,363 10%77 %2,432 6%155 %
Other2,802 12%4,252 23%5,579 15%8,528 25%
Total International5,165 22%4,329 23%8,011 21%8,683 25%
Total revenue$23,245 100 %$19,012 100 %$38,406 100 %$34,102 100 %
Revenue from one foreign country, Germany, comprised 10% or greater of total revenue for one or more of the periods presented.