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REVENUE (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues Disaggregated by Type | The following table sets forth the Company’s disaggregated revenues for the three and six months ended June 30, 2024, and 2023, as well as the relative percentage to total revenue:
|  |  |  |  |  |  |  |  | Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) |  |  |  |  |  |  |  |  | 2024 |  | 2023 |  | 2024 |  | 2023
Direct Business: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct-to-Consumer |  |  |  |  |  |  |  |  | 8,031 |  |  | 65 | % |  | 7,243 |  |  | 51 | % |  | 16,102 |  |  | 66 | % |  | 14,726 |  |  | 56 | %
Partner Direct Business |  |  |  |  |  |  |  |  | 1,743 |  |  | 14 | % |  | 1,081 |  |  | 8 | % |  | 3,216 |  |  | 13 | % |  | 2,184 |  |  | 8 | %
Enterprise |  |  |  |  |  |  |  |  | 66 |  |  | 1 | % |  | 97 |  |  | 1 | % |  | 134 |  |  | 1 | % |  | 194 |  |  | 1 | %
Total Direct Business |  |  |  |  |  |  |  |  | 9,840 |  |  | 79 | % |  | 8,421 |  |  | 60 | % |  | 19,452 |  |  | 80 | % |  | 17,104 |  |  | 65 | %
Content Licensing: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Library sales |  |  |  |  |  |  |  |  | 1,172 |  |  | 10 | % |  | 3,101 |  |  | 22 | % |  | 2,040 |  |  | 8 | % |  | 3,918 |  |  | 15 | %
Presales |  |  |  |  |  |  |  |  | 145 |  |  | 1 | % |  | 514 |  |  | 4 | % |  | 441 |  |  | 2 | % |  | 1,715 |  |  | 6 | %
Total Content Licensing |  |  |  |  |  |  |  |  | 1,317 |  |  | 11 | % |  | 3,615 |  |  | 26 | % |  | 2,481 |  |  | 10 | % |  | 5,633 |  |  | 21 | %
Bundled Distribution |  |  |  |  |  |  |  |  | 1,084 |  |  | 9 | % |  | 1,453 |  |  | 10 | % |  | 2,226 |  |  | 9 | % |  | 2,869 |  |  | 11 | %
Other |  |  |  |  |  |  |  |  | 154 |  |  | 1 | % |  | 608 |  |  | 4 | % |  | 237 |  |  | 1 | % |  | 878 |  |  | 3 | %
Total revenues |  |  |  |  |  |  |  |  | $ | 12,395 |  |  |  |  | $ | 14,097 |  |  |  |  | $ | 24,396 |  |  |  |  | $ | 26,484 |  |  |
Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations | As of June 30, 2024, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows:
| Remainder of Year Ending December 31, 2024 |  | Year Ended December 31, |  |  |
(in thousands) |  | 2025 |  | 2026 |  | 2027 |  | Thereafter |  | Total
Remaining performance obligations | $ | 513 |  |  | $ | 616 |  |  | $ | 96 |  |  | $ | 49 |  |  | $ | 24 |  |  | $ | 1,298 |
Schedule of Trade and Barter Revenues | For the three and six months ended June 30, 2024, and 2023, trade and barter revenues were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Trade and barter license fees: Content Licensing | $ | 864 |  |  | $ | 2,467 |  |  | $ | 1,088 |  |  | $ | 2,467 |
Other trade and barter revenue* | — |  |  | 300 |  |  | — |  |  | 524 |
Total trade and barter revenues | $ | 864 |  |  | $ | 2,767 |  |  | $ | 1,088 |  |  | $ | 2,991 |
* Other revenue primarily relates to other marketing services
Schedule of Trade and Barter Expenses | For the three and six months ended June 30, 2024, and 2023, trade and barter advertising and marketing expenses were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Trade and barter advertising and marketing | $ | — |  |  | $ | 250 |  |  | $ | — |  |  | $ | 524 |
Schedule of Trade and Barter Transactions | For the six months ended June 30, 2024, and 2023, additions to content assets resulting from trade and barter transactions were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Trade and barter additions to content assets | $ | 864 |  |  | $ | 2,467 |  |  | $ | 1,088 |  |  | $ | 2,467 |

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