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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 90,213 $ 106,299
Accounts receivable, net of allowance for credit losses of $13,600 and $13,596, respectively 223,551 239,636
Inventory 12,888 20,910
Prepaid expenses 45,959 40,268
Other current assets 16,566 18,782
Total current assets 389,177 425,895
Property, plant, and equipment, net 178,461 240,980
Operating lease assets 122,513 143,955
Goodwill 518,762 530,028
Intangible assets, net 337,845 430,374
Deferred tax assets 77,858 60,983
Pension and other assets 212,542 207,932
Total assets 1,837,158 2,040,147
Current liabilities:    
Accounts payable and accrued liabilities 308,152 318,384
Deferred revenue 105,398 108,000
Current portion of long-term debt 69,315 74,300
Operating lease liabilities 33,435 39,761
Other current liabilities 1,483 5,157
Total current liabilities 517,783 545,602
Long-term debt 645,811 755,754
Convertible debt 239,112 249,757
Deferred tax liabilities 8,142 4,928
Pension and other postretirement benefit obligations 34,170 37,820
Long-term operating lease liabilities 146,421 167,731
Other long-term liabilities 91,107 125,921
Total noncurrent liabilities 1,164,763 1,341,911
Total liabilities 1,682,546 1,887,513
Commitments and contingent liabilities (see Note 14)
Equity    
Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at December 31, 2025 and December 31, 2024 0 0
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized; 159,912,152 shares issued and 147,124,756 shares outstanding at December 31, 2025; 158,835,742 shares issued and 147,388,555 shares outstanding at December 31, 2024 1,599 1,588
Treasury stock, at cost, 12,787,396 shares and 11,447,187 shares at December 31, 2025 and December 31, 2024, respectively (23,607) (20,540)
Additional paid-in capital 1,287,821 1,281,801
Accumulated deficit (1,051,797) (1,053,546)
Accumulated other comprehensive loss (58,905) (56,164)
Total USA TODAY Co. stockholders' equity 155,111 153,139
Noncontrolling interests (499) (505)
Total equity 154,612 152,634
Total liabilities and equity $ 1,837,158 $ 2,040,147