XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 14,108 $ 7,826
Restricted cash 60 125
Short-term investments in debt and other securities 13,672 24,236
Accounts receivable, net 9,201 6,103
Other current assets 999 1,228
Total current assets 38,040 39,518
Investments in debt securities 1,488 7,463
Investments in equity method investees 3,617 3,848
Property and equipment, net 415 520
Content assets, net 28,091 31,511
Operating lease right-of-use assets 2,839 3,065
Other assets 215 257
Total assets 74,705 86,182
Current liabilities    
Content liabilities 86 282
Accounts payable 2,866 5,608
Accrued expenses and other liabilities 12,265 7,003
Deferred revenue 8,277 10,970
Total current liabilities 23,494 23,863
Warrant liability 0 88
Non-current operating lease liabilities 3,570 3,887
Other liabilities 447 496
Total liabilities 27,511 28,334
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.0001 par value – 125,000 shares authorized as of September 30, 2025, and December 31, 2024; 58,297 shares issued as of September 30, 2025 and 56,814 issued as of December 31, 2024, including 216 treasury shares; 56,598 shares outstanding as of December 31, 2024; 58,081 shares outstanding as of September 30, 2025. 5 5
Treasury stock (251) (251)
Additional paid-in capital 374,499 366,508
Accumulated deficit (327,059) (308,414)
Total stockholders’ equity 47,194 57,848
Total liabilities and stockholders’ equity $ 74,705 $ 86,182