| Schedule of Segment Information |
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) | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Revenues | $ | 23,245 | | | $ | 19,012 | | | $ | 38,406 | | | $ | 34,102 | | Less: | | | | | | | | | Content amortization | 4,134 | | | 3,600 | | | 7,812 | | | 7,113 | | | Other cost of revenues | 2,179 | | | 5,264 | | | 5,158 | | | 8,831 | | | Advertising and marketing | 1,900 | | | 3,275 | | | 5,415 | | | 6,209 | | | Payroll and related | 2,448 | | | 2,457 | | | 5,337 | | | 5,089 | | | Other general and administrative | 3,404 | | | 3,936 | | | 7,048 | | | 6,301 | | | | | | | | | | | Total operating expenses | 14,065 | | | 18,532 | | | 30,770 | | | 33,543 | | | Operating (loss) income | 9,180 | | | 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. |
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| Schedule of Revenue by Geographic Location |
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) | 2026 | | 2025 | | 2026 | | 2025 | United States | $ | 18,080 | | | 78 | % | | $ | 14,683 | | | 77 | % | | $ | 30,395 | | | 79 | % | | $ | 25,419 | | | 75 | % | | International | | | | | | | | | | | | | | | | | Germany | 2,363 | | | 10 | % | | 77 | | | — | % | | 2,432 | | | 6 | % | | 155 | | | — | % | | Other | 2,802 | | | 12 | % | | 4,252 | | | 23 | % | | 5,579 | | | 15 | % | | 8,528 | | | 25 | % | | Total International | 5,165 | | | 22 | % | | 4,329 | | | 23 | % | | 8,011 | | | 21 | % | | 8,683 | | | 25 | % | | Total revenue | $ | 23,245 | | | 100 | % | | $ | 19,012 | | | 100 | % | | $ | 38,406 | | | 100 | % | | $ | 34,102 | | | 100 | % |
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