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REVENUE (Tables)
9 Months Ended
Sep. 30, 2025
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 nine months ended September 30, 2025, and 2024, as well as the relative percentage of total revenue:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2025202420252024
Direct Business:
Direct-to-Consumer
5,708 31%7,802 62%18,291 35%24,039 65%
Partner Direct
2,627 15%1,983 16%7,136 14%5,199 14%
Total Direct Business8,335 46%9,785 78%25,427 48%29,238 79%
Content Licensing:
Library sales
8,694 47%1,657 13%23,447 45%3,696 10%
Presales— %— %— %441 1%
Total Content Licensing8,694 47%1,657 13%23,447 45%4,137 11%
Bundled Distribution978 5%973 8%2,471 5%3,198 9%
Other352 2%189 1%1,116 2%427 1%
Total revenues
$18,359 $12,604 $52,461 $37,000 
Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations
As of September 30, 2025, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows:
Remainder of
Year Ending
December 31,
2025
Year Ended December 31,
(in thousands)
202620272028ThereafterTotal
Remaining performance obligations$1,365 $890 $500 $281 $91 $3,127 
Schedule of Trade and Barter Revenues
For the three and nine months ended September 30, 2025, and 2024, trade and barter revenues were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)
2025202420252024
Trade and barter license fees: Content Licensing
$2,822 $1,416 $6,395 $2,504 
Schedule of Trade and Barter Expenses
For the three and nine months ended September 30, 2025, and 2024, trade and barter cost of revenues were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)
2025202420252024
 Cost of revenues $— $— $18 $— 
Schedule of Trade and Barter Transactions
For the nine months ended September 30, 2025, and 2024, additions to content assets resulting from trade and barter transactions were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)
2025202420252024
Content assets acquired$2,822 $1,416 $6,377 $2,504