v3.26.1
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)2026202520262025
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%
Other317 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)
202720282029ThereafterTotal
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)20262025
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 period5,989 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)
2026202520262025
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)
2026202520262025
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)
2026202520262025
Content assets acquired$5,308 $1,841 $9,156 $3,555