REVENUE (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
| Revenue from Contract with Customer [Abstract] |
|
| Schedule of Revenues Disaggregated by Type |
The following table sets forth the Company’s disaggregated revenues for the three and six months ended June 30, 2026, and 2025, as well as the relative percentage of total revenue: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Subscription | | $ | 8,869 | | | 38 | % | | $ | 9,303 | | | 49 | % | | $ | 17,696 | | | 46 | % | | $ | 18,585 | | | 54 | % | Licensing (1) | | 14,059 | | | 61 | % | | 9,491 | | | 50 | % | | 20,076 | | | 52 | % | | 14,903 | | | 44 | % | | Other | | 317 | | | 1 | % | | 218 | | | 1 | % | | 634 | | | 2 | % | | 614 | | | 2 | % | Total revenues | | $ | 23,245 | | | | | $ | 19,012 | | | | | $ | 38,406 | | | | | $ | 34,102 | | | | | | | | | | | | | | | | | | | | | (1) Includes revenue recognized from barter transactions of $5.3 million and $1.9 million for the three months ended June 30, 2026, and 2025, respectively, and $9.2 million and $3.6 million for the six months ended June 30, 2026, and 2025, respectively. |
|
| Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations |
As of June 30, 2026, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Remainder of Year Ending December 31, 2026 | | Year Ended December 31, | | | | (in thousands) | | 2027 | | 2028 | | 2029 | | Thereafter | | Total | | | | | | | | | | | | | | | | Remaining performance obligations | $ | 1,925 | | | $ | 652 | | | $ | 321 | | | $ | 101 | | | $ | 19 | | | $ | 3,018 | |
|
| Schedule of Contract Liability Balances |
The following table provides a roll-forward of the contract liability balances for the six months ended June 30, 2026, and 2025: | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | (in thousands) | | 2026 | | 2025 | | | | | | | Balance at beginning of period | | $ | 8,733 | | | $ | 11,350 | | | Revenue recognized in the current period from beginning balance | | (6,120) | | | (8,113) | | | New deferrals, net of amounts recognized in current period | | 5,989 | | | 6,737 | | | Deferred revenue derecognized upon disposition of Curiosity Brands, LLC | | (104) | | | — | | | Balance at end of period | | $ | 8,498 | | | $ | 9,974 | |
|
| Schedule of Trade and Barter Revenues |
For the three and six months ended June 30, 2026, and 2025, trade and barter revenues were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | Trade and barter license fees | $ | 5,308 | | | $ | 1,857 | | | $ | 9,156 | | | $ | 3,573 | | | | | | | | | | | | | | | | | | | |
|
| Schedule of Trade and Barter Cost of Revenues |
For the three and six months ended June 30, 2026, and 2025, trade and barter cost of revenues were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | Cost of revenues | $ | — | | | $ | 16 | | | $ | — | | | $ | 18 | | | | | | | | | | | |
|
| Schedule of Trade and Barter Transactions |
For the three and six months ended June 30, 2026, and 2025, additions to content assets resulting from trade and barter transactions were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | Content assets acquired | $ | 5,308 | | | $ | 1,841 | | | $ | 9,156 | | | $ | 3,555 | | | | | | | | | | | |
|