The following table represents revenue from our customers exceeding 10% of our total revenue for the three and nine months ended September 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | Customer | 2026 | | 2025 | | 2026 | | 2025 | Customer A(1) | 16 | % | | 17 | % | | 16 | % | | 17 | % | _________________ (1) Represents minimum guaranteed royalties from licensed digital operations of our Playboy Plus, Playboy TV (online and linear) and Playboy Club digital businesses to Byborg Enterprises SA (“Byborg”) pursuant to a License & Management Agreement (the “LMA”) we entered into with Byborg in the fourth quarter of 2024. Refer to Note 17, Related Party Transactions, within the notes to our audited consolidated financial statements set forth in our Annual Report on Form 10-K, filed with the SEC on March 16, 2026, for details regarding the LMA. |
The following table presents customers whose receivables exceeded 10% of our total receivables as of September 30, 2026 and December 31, 2025: | | | | | | | | | | | | | Customer | September 30,
2026 | | December 31,
2025 | | Customer B | * | | 14% | | Customer C | 11% | | 12% | | Customer D | * | | 12% | | Customer E | 44% | | * | _________________ * Indicates receivables for the customer did not exceed 10% of our total receivables balance. |
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