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Segments and Geographic Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segments and Geographic Information Segments and Geographic Information
The Company has one operating segment as of September 30, 2025 and 2024, the streaming business. Substantially all of the tangible long-lived assets are located in the United States.
Total revenue
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
United States$360,426 $370,404 $1,123,443 $1,133,197 
Rest of world16,769 15,803 50,006 46,322 
Total revenue$377,195 $386,207 $1,173,449 $1,179,519 
The Company’s method for measuring profitability includes gross profit and net income (loss) from continuing operations, which the CODM uses to assess performance and make decisions for resource allocation. Gross Profit is defined as revenue less subscriber related expenses and broadcasting and transmission. Net income (loss) from continuing operations is consistent with the measurement principals for net income (loss) from continuing operations as reported on the Company’s consolidated statement of operations and comprehensive income (loss).
The following table provides the significant expenses and gross profit with a reconciliation to net income (loss) from continuing operations for the periods indicated, which are regularly reviewed by the CODM (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Total revenue$377,195 $386,207 $1,173,449 $1,179,519 
Gross profit (1)
78,381 54,125 225,301 131,095 
Significant expenses:
Sales and marketing (2)
39,774 51,179 107,584 120,865 
Technology and development (2)
16,603 18,508 50,092 51,388 
General and administrative (2)
22,801 24,010 68,164 55,495 
Other segment (income) expenses (3)
18,069 15,112 (162,135)40,193 
Net income (loss) from continuing operations
(18,866)(54,684)161,596 (136,846)
(1) Gross profit is calculated as total revenue less Subscriber related expenses and Broadcasting and transmission expenses.
(2) Sales and marketing, Technology and development, and General and administrative expense categories regularly provided to the CODM exclude stock-based compensation.
(3) Other segment expenses include depreciation and amortization, stock-based compensation expense, interest expense, interest income, amortization of debt premium, net, gain on settlement of litigation, net, gain on extinguishment of debt, other income (expense) and provision for income taxes.