v3.26.3
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net (loss) income $ (7,799) $ (4,560)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Media library amortization 8,194 7,823
Depreciation and amortization 5,792 6,136
Non-cash operating lease expense 553 651
Share-based compensation expense 1,086 1,196
Equity method investment income (7) 0
Additions to media library (7,999) (8,350)
Changes in operating assets and liabilities:    
Accounts receivable (927) (46)
Other receivables 0 1,809
Prepaid expenses and other current assets (682) (461)
Accounts payable (4,045) 750
Accrued and other liabilities (994) (764)
Deferred revenue (1,120) (276)
Net cash (used in) provided by operating activities (7,948) 3,908
Cash flows from investing activities:    
Issuance of short-term note (730) 0
Repayment of short-term note 230 0
Additions to property and equipment (6,125) (4,361)
Purchase of investment 0 (2,000)
Net cash used in investing activities (6,625) (6,361)
Cash flows from financing activities:    
Repayment of short-term debt (171) (139)
Proceeds from long-term borrowings 17,000 5,000
Repayment of long-term borrowings (10,000) (5,000)
Proceeds from sale of subsidiary common stock, net of transaction costs 0 3,867
(Costs) proceeds from the issuance of common stock (10) 7,027
Share repurchase related to Section 16 Officer tax coverage exchange (182) 0
Other financing activities 1,500 0
Net cash provided by financing activities 8,137 10,755
Net change in cash and cash equivalents (6,436) 8,302
Cash and cash equivalents, beginning of period 13,540 5,860
Cash and cash equivalents, end of period 7,104 14,162
Supplemental disclosure of cash flow information    
Cash paid for interest 469 290
Cash paid for income taxes 238 0
Supplemental schedule of non-cash investing and financing activities    
Additions to property and equipment in Accounts payable $ 293 $ 0