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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Reconciliation of Total Segment Operating Income to Consolidated Operating Income

Information on reportable segments revenues is as follows (in thousands):

			Three months ended March 31,
			2025						2024
Revenue by reportable segment:
Technology & Shopping			$	81,690					$	69,267
Gaming & Entertainment			38,026						36,640
Health & Wellness			85,786						79,978
Connectivity			55,820						53,148
Cybersecurity & Martech			67,314						75,452
Total segment revenues			328,636						314,485
Corporate			—						—
Total revenues			$	328,636					$	314,485

The descriptions of significant reportable segment expenses shown in the following tables are as follows:

•Salaries, benefits, and other employee expenses include employee compensation expenses for salaries, bonuses, benefits, payroll taxes, commissions, share-based compensation, severance costs, other related employee costs.

•Cloud computing, software, and other related expenses include costs associated with cloud computing, software purchases, web hosting, database hosting, and other computer related costs.

•Advertising and related marketing expenses include advertising relationships with an array of online service providers, marketing expenses, and other audience extension costs.

•Partner payments include expense associated with revenue sharing arrangements, content fees, and royalties.

•Professional and other third-party services include expenses for outside providers including freelancers, consultants, legal costs, and other professional services.

Significant reportable segment expenses are set forth in the tables below (in thousands):

			Three months ended March 31, 2025
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	33,949					$	10,614					$	25,641					$	13,657					$	17,216					$	101,077
Cloud computing, software, and other related expenses			6,803						2,037						4,012						3,983						10,185						27,020
Advertising and marketing related expenses			12,308						2,068						9,019						1,562						4,773						29,730
Partner payments			944						6,739						9,879						211						5,725						23,498
Professional and other third-party services			5,698						1,089						2,074						4,572						4,488						17,921
Depreciation and amortization			22,405						2,618						12,928						7,380						10,387						55,718
Other			3,546			(1)			4,087			(2)			5,271			(3)			4,943			(4)			3,217			(5)			21,064
Total segment operating costs and expenses			85,653						29,252						68,824						36,308						55,991						276,028
Corporate (6)																																	17,478
Total operating costs and expenses																																	$	293,506

			Three months ended March 31, 2024
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	28,965					$	9,968					$	28,306					$	13,779					$	19,326					$	100,344
Cloud computing, software, and other related expenses			7,648						1,153						3,419						3,169						10,140						25,529
Advertising and marketing related expenses			10,687						1,520						9,456						1,462						5,299						28,424
Partner payments			2,428						5,938						8,110						190						4,957						21,623
Professional and other third-party services			4,778						1,122						2,023						3,110						4,121						15,154
Depreciation and amortization			17,914						2,392						13,399						7,001						7,741						48,447
Other			3,481			(1)			4,032			(2)			6,666			(3)			5,079			(4)			4,440			(5)			23,698
Total segment operating costs and expenses			75,901						26,125						71,379						33,790						56,024						263,219
Corporate (6)																																	15,405
Total operating costs and expenses																																	$	278,624

(1)Other Technology & Shopping operating costs and expenses consist primarily of credit card processing fees, campaign fulfillment costs, travel and entertainment costs, office expenses, bad debt expense, contingent consideration changes, and certain allocated overhead expenses.

(2)Other Gaming & Entertainment operating costs and expenses consist primarily of credit card processing fees, inventory-related costs, campaign fulfillment costs, travel and entertainment costs, office expenses, bad debt expense, contingent consideration changes, and certain allocated overhead expenses.

(3)Other Health & Wellness operating costs and expenses consist primarily of app-store fees, credit card processing fees, campaign fulfillment costs, travel and entertainment costs, office expenses, bad debt expense, contingent consideration changes, and certain allocated overhead expenses.

(4)Other Connectivity operating costs and expenses consist primarily of inventory-related costs, credit card processing fees, inventory related costs, campaign fulfillment costs, travel and entertainment costs, office expenses, bad debt expense, contingent consideration changes, and certain allocated overhead expenses.

(5)Other Cybersecurity & Martech operating costs and expenses consist primarily of credit card processing fees, telecommunication backbone costs, travel and entertainment costs, office expenses, bad debt expense, contingent consideration changes, and certain allocated overhead expenses.

(6)Corporate includes costs associated with general, administrative, and other expenses (including some depreciation and amortization) that are managed on a global basis and that are not directly attributed to any particular segment.

Information on (loss) income from operations is set forth in the table below (in thousands).

			Three months ended March 31,
			2025						2024
(Loss) income from operations by reportable segment:
Technology & Shopping			(3,963)						(6,634)
Gaming & Entertainment			8,774						10,515
Health & Wellness			16,962						8,599
Connectivity			19,512						19,358
Cybersecurity & Martech			11,323						19,428
Total segment operating income			52,608						51,266
Corporate (1)			(17,478)						(15,405)
Income from operations			$	35,130					$	35,861

(1)Corporate includes costs associated with general, administrative, and other expenses that are managed on a global basis and that are not directly attributable to any particular segment.

Schedule of Segment Reporting Information, by Segment

Information on capital expenditures is set forth in the table below (in thousands).

			Three months ended March 31,
			2025						2024
Capital expenditures:
Technology & Shopping			$	3,606					$	3,648
Gaming & Entertainment			1,737						2,257
Health & Wellness			9,376						8,483
Connectivity			5,235						6,843
Cybersecurity & Martech			5,485						6,918
Total from reportable segments			25,439						28,149
Corporate			180						(20)
Total capital expenditures			$	25,619					$	28,129

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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