Revenues (Tables)

9 Months Ended

Sep. 30, 2025

Revenues from external customers classified by revenue source are as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025 (1)		2024 (1)		2025 (1)		2024 (1)
Technology & Shopping
Advertising and performance marketing	$	84,226	$	80,485	$	242,500	$	215,645
Subscription and licensing	2,777		1,594		7,581		5,155
Other	(1,814)		5,047		(2,426)		8,160
Total Technology & Shopping revenues	$	85,189	$	87,126	$	247,655	$	228,960

Gaming & Entertainment
Advertising and performance marketing	$	31,917	$	34,909	$	88,539	$	85,839
Subscription and licensing	15,657		14,795		43,268		43,486
Other	4		10		23		10
Total Gaming & Entertainment revenues	$	47,578	$	49,714	$	131,830	$	129,335

Health & Wellness
Advertising and performance marketing	$	85,587	$	75,084	$	237,049	$	209,898
Subscription and licensing	13,679		12,751		40,494		36,539
Other	3,040		2,936		10,001		10,300
Total Health & Wellness revenues	$	102,306	$	90,771	$	287,544	$	256,737

Connectivity
Advertising and performance marketing	$	3,368	$	3,135	$	9,057	$	8,649
Subscription and licensing	49,198		48,309		149,132		138,501
Other	4,613		4,499		12,216		12,222
Total Connectivity revenues	$	57,179	$	55,943	$	170,405	$	159,372

Cybersecurity & Martech
Subscription and licensing	$	69,145	$	70,026	$	204,808	$	214,461
Other	2,314		—		2,314		—
Total Cybersecurity & Martech revenues	$	71,459	$	70,026	$	207,122	$	214,461


Total Revenues	$	363,711	$	353,580	$	1,044,556	$	988,865

(1)Amounts presented are net of inter-segment revenues.