v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Results of Operations of Business Segments
The accounting policies as described in the Summary of Significant Accounting Policies included in Note 1 to these condensed consolidated financial statements are applied consistently across segments.
Three Months Ended June 30, 2026AudioVideoConsolidated
Net revenues$11,591 $22,378 $33,969 
Operating expenses13,413 21,813 
Depreciation and amortization786 557 
Other segment items(2)
233 1 
Segment operating (loss) income$(2,841)$7 $(2,834)
Corporate and other (1)
2,055 
Interest expense, net4,029 
Other income(543)
Loss before income taxes and equity method investments$(8,375)
Three Months Ended June 30, 2025AudioVideoConsolidated
Net revenues$15,236 $16,009 $31,245 
Operating expenses15,910 18,864 
Depreciation and amortization872 825 
Other segment items(2)
3 2 
Segment operating loss$(1,549)$(3,682)$(5,231)
Corporate and other (1)
1,554 
Interest expense, net3,855 
Change in fair value of warrant shares liability(1,410)
Other income(2,119)
Loss before income taxes and equity method investments$(7,111)
Six Months Ended June 30, 2026AudioVideoConsolidated
Net revenues$21,354 $44,001 $65,355 
Operating expenses26,123 43,925 
Depreciation and amortization1,742 1,277 
Other segment items(2)
1,114 (128)
Segment operating loss$(7,625)$(1,073)$(8,698)
Corporate and other (1)
3,721 
Interest expense, net7,969 
Other income(4,222)
Loss before income taxes and equity method investments$(16,166)
Six Months Ended June 30, 2025AudioVideoConsolidated
Net revenues$28,928 $30,347 $59,275 
Operating expenses27,844 36,142 
Depreciation and amortization1,796 1,670 
Other segment items(2)
142 2 
Segment operating loss$(854)$(7,467)$(8,321)
Corporate and other (1)
3,147 
Interest expense, net7,609 
Change in fair value of warrant shares liability(1,410)
Other income(2,230)
Loss before income taxes and equity method investments$(15,437)
(1) Corporate and other is not an operating segment. Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal, finance and administrative functions of the Company, as well as overall executive, administrative and support functions.
(2) Audio’s other segment items consist of loss (gain) on disposal of assets.
Assets by reportable segment were as follows:
Total AssetsAudioVideo
Corporate and other(3)
Consolidated
June 30, 2026$142,734 $127,454 $1,807 $271,995 
December 31, 2025$169,222 $116,727 $5,109 $291,058 
(3) Corporate and other is not an operating segment. Corporate and other assets primarily include cash and cash equivalents.