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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net loss $ (27,059) $ (16,110)
Change in fair value of warrant liability 2,022
Additions to content assets (22,199) (10,285)
Change in content liabilities 4,465 (2,056)
Amortization of content assets 6,989 4,697
Amortization, depreciation and accretion 569 269
Stock-based compensation 3,860 764
Accounts receivable (3,526) (4,708)
Other assets 185 434
Accounts payable 1,773 (2,967)
Accrued expenses and other liabilities 1,091 (509)
Deferred revenue 8,474 1,955
Net cash used in operating activities (23,356) (28,516)
Cash flows from investing activities    
Purchases of property and equipment (175) (220)
Business acquisition (4,000)  
Sales of investments 4,882 35,568
Maturities of investments 11,980 8,500
Purchases of investments (141,644) (12,227)
Net cash (used in) provided by investing activities (128,957) 31,621
Cash flows from financing activities    
Exercise of stock options 409
Exercise of warrants 54,898
Tax withholding required for equity awards (22)
Proceeds from issuance of Common Stock 94,101
Payment of offering costs (707)  
Borrowings on line of credit 1,000
Repayments on line of credit (1,000)
Net cash provided by financing activities 148,679
Net increase (decrease) in cash, cash equivalents and restricted cash (3,634) 3,105
Cash, cash equivalents and restricted cash, beginning of period 17,384 8,819
Cash, cash equivalents and restricted cash, end of period 13,750 11,924
Supplemental schedule of non-cash financing activities:    
Preferred dividends and accretion of issuance costs 8,591
Supplemental disclosure:    
Interest payments
Cash paid for taxes $ 30 $ 98