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Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Reconciliation of Total Segment Operating Income to Consolidated Operating Income (Loss)

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

			Three months ended September 30,												Nine months ended September 30,
			2025						2024						2025						2024
Revenue by reportable segment:
Technology & Shopping			$	85,189					$	87,126					$	247,655					$	228,960
Gaming & Entertainment			47,578						49,714						131,830						129,335
Health & Wellness			102,306						90,771						287,544						256,737
Connectivity			57,179						55,943						170,405						159,372
Cybersecurity & Martech			71,459						70,026						207,122						214,461
Total segment revenues			363,711						353,580						1,044,556						988,865
Corporate			—						—						—						—
Total revenues			$	363,711					$	353,580					$	1,044,556					$	988,865

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 September 30, 2025
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	32,946					$	10,365					$	30,012					$	15,278					$	17,148					$	105,749
Cloud computing, software, and other related expenses			6,641						2,090						4,456						4,660						11,069						28,916
Advertising and marketing related expenses			11,692						3,604						10,897						590						4,583						31,366
Partner payments			628						8,231						11,147						132						5,943						26,081
Professional and other third-party services			6,096						1,374						2,308						5,488						5,547						20,813
Goodwill impairment			—						—						—						—						17,579						17,579
Depreciation and amortization			22,599						2,949						13,406						7,116						11,121						57,191
Other			4,539			(1)			4,277			(2)			7,222			(3)			7,459			(4)			4,894			(5)			28,391
Total segment operating costs and expenses			85,141						32,890						79,448						40,723						77,884						316,086
Corporate (6)																																	19,197
Total operating costs and expenses																																	$	335,283

			Three months ended September 30, 2024
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	31,653					$	11,429					$	28,211					$	13,268					$	17,516					$	102,077
Cloud computing, software, and other related expenses			6,928						1,630						3,303						3,871						9,473						25,205
Advertising and marketing related expenses			11,043						3,702						10,144						302						6,168						31,359
Partner payments			2,043						6,286						9,911						249						5,392						23,881
Professional and other third-party services			4,342						1,643						2,132						3,754						3,952						15,823
Goodwill impairment			85,273						—						—						—						—						85,273
Depreciation and amortization			20,333						2,632						12,505						7,868						7,978						51,316
Other			4,126			(1)			7,348			(2)			6,318			(3)			5,818			(4)			4,656			(5)			28,266
Total segment operating costs and expenses			165,741						34,670						72,524						35,130						55,135						363,200
Corporate (6)																																	19,684
Total operating costs and expenses																																	$	382,884

			Nine months ended September 30, 2025
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	102,522					$	32,339					$	85,961					$	43,584					$	51,896					$	316,302
Cloud computing, software, and other related expenses			20,237						6,058						12,796						13,083						31,275						83,449
Advertising and marketing related expenses			36,445						10,913						30,806						2,874						13,975						95,013
Partner payments			2,140						22,296						33,031						590						17,450						75,507
Professional and other third-party services			17,993						4,192						7,602						14,851						14,777						59,415
Goodwill impairment			—						—						—						—						17,579						17,579
Depreciation and amortization			68,053						8,621						40,705						21,768						31,329						170,476
Other			12,124			(1)			12,694			(2)			20,805			(3)			18,883			(4)			11,708			(5)			76,214
Total segment operating costs and expenses			259,514						97,113						231,706						115,633						189,989						893,955
Corporate (6)																																	53,560
Total operating costs and expenses																																	$	947,515

			Nine months ended September 30, 2024
			Technology & Shopping						Gaming & Entertainment						Health & Wellness						Connectivity						Cybersecurity & Martech						Total operating costs and expenses
Salaries, benefits, and other employee expenses			$	93,278					$	33,249					$	85,194					$	39,570					$	55,526					$	306,817
Cloud computing, software, and other related expenses			21,125						4,038						10,298						11,168						29,499						76,128
Advertising and marketing related expenses			33,074						10,511						29,242						2,453						17,018						92,298
Partner payments			6,015						19,833						26,239						693						15,454						68,234
Professional and other third-party services			12,572						4,532						6,609						10,068						13,123						46,904
Depreciation and amortization			58,111						7,865						38,917						22,485						24,520						151,898
Other			12,829			(1)			15,550			(2)			20,089			(3)			11,061			(4)			13,455			(5)			72,984
Total segment operating costs and expenses			322,277						95,578						216,588						97,498						168,595						900,536
Corporate (6)																																	53,203
Total operating costs and expenses																																	$	953,739

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

			Three months ended September 30,												Nine months ended September 30,
			2025						2024						2025						2024
Income (loss) from operations by reportable segment:
Technology & Shopping			$	48					$	(78,615)					$	(11,859)					$	(93,317)
Gaming & Entertainment			14,688						15,044						34,717						33,757
Health & Wellness			22,858						18,247						55,838						40,149
Connectivity			16,456						20,813						54,772						61,874
Cybersecurity & Martech			(6,425)						14,891						17,133						45,866
Total segment operating income			47,625						(9,620)						150,601						88,329
Corporate (1)			(19,197)						(19,684)						(53,560)						(53,203)
Income (loss) from operations			$	28,428					$	(29,304)					$	97,041					$	35,126

(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 September 30,												Nine months ended September 30,
			2025						2024						2025						2024
Capital expenditures:
Technology & Shopping			$	4,146					$	3,343					$	11,746					$	10,732
Gaming & Entertainment			1,776						1,013						6,180						3,446
Health & Wellness			10,010						9,125						29,733						26,796
Connectivity			7,799						5,804						20,176						19,040
Cybersecurity & Martech			6,213						6,267						17,433						19,181
Total from reportable segments			29,944						25,552						85,268						79,195
Corporate			192						291						620						281
Total capital expenditures			$	30,136					$	25,843					$	85,888					$	79,476

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- 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

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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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