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REVENUE (Tables)
6 Months Ended
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)2024202320242023
Direct Business:
Direct-to-Consumer
8,031 65 %7,243 51 %16,102 66 %14,726 56 %
Partner Direct Business1,743 14 %1,081 %3,216 13 %2,184 %
Enterprise66 %97 %134 %194 %
Total Direct Business9,840 79 %8,421 60 %19,452 80 %17,104 65 %
Content Licensing:
Library sales
1,172 10 %3,101 22 %2,040 %3,918 15 %
Presales145 %514 %441 %1,715 %
Total Content Licensing1,317 11 %3,615 26 %2,481 10 %5,633 21 %
Bundled Distribution1,084 %1,453 10 %2,226 %2,869 11 %
Other154 %608 %237 %878 %
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)
202520262027ThereafterTotal
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)
2024202320242023
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)
2024202320242023
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)
2024202320242023
Trade and barter additions to content assets
$864 $2,467 $1,088 $2,467