v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 26,402,000 $ 28,229,000 $ 49,269,000 $ 52,441,000
Station operating expenses 23,436,000 22,226,000 45,448,000 44,189,000
Corporate general and administrative 2,676,000 3,074,000 5,652,000 6,241,000
Depreciation and amortization 1,184,000 1,267,000 2,358,000 2,593,000
(Gain) loss on sale of assets, net (1,517,000) 253,000 (1,550,000) 307,000
Operating income (loss) 623,000 1,409,000 (2,639,000) (889,000)
Interest expense 92,000 107,000 183,000 214,000
Interest income (578,000) (210,000) (812,000) (432,000)
Other income (1,000) (1,000) (56,000) (24,000)
Income (loss) before income tax expense 1,110,000 1,513,000 (1,954,000) (647,000)
Income tax (benefit) expense        
Current   510,000 75,000 (160,000)
Deferred 150,000 (125,000) (595,000) (40,000)
Total income tax provision 150,000 385,000 (520,000) (200,000)
Net income (loss) $ 960,000 $ 1,128,000 $ (1,434,000) $ (447,000)
Income (loss) per share:        
Basic (in dollars per share) $ 0.15 $ 0.18 $ (0.23) $ (0.07)
Diluted (in dollars per share) $ 0.15 $ 0.18 $ (0.23) $ (0.07)
Weighted average common shares 6,095 6,176 6,084 6,138
Weighted average common and common equivalent shares 6,095 6,176 6,084 6,138
Dividends declared per share (in dollars per share) $ 0.25 $ 0.25 $ 0.5 $ 0.5