<SEC-DOCUMENT>0001493152-23-007902.txt : 20230316
<SEC-HEADER>0001493152-23-007902.hdr.sgml : 20230316
<ACCEPTANCE-DATETIME>20230316160552
ACCESSION NUMBER:		0001493152-23-007902
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20230316
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20230316
DATE AS OF CHANGE:		20230316

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Arena Group Holdings, Inc.
		CENTRAL INDEX KEY:			0000894871
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				680232575
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12471
		FILM NUMBER:		23738772

	BUSINESS ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		212 321 5002

	MAIL ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	theMaven, Inc.
		DATE OF NAME CHANGE:	20161228

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THEMAVEN, INC.
		DATE OF NAME CHANGE:	20161209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTEGRATED SURGICAL SYSTEMS INC
		DATE OF NAME CHANGE:	19960725
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2022" xmlns:us-gaap-supplement="http://fasb.org/us-gaap-sup/2022q3" xmlns:srt-supplement="http://fasb.org/srt-sup/2022q3" xmlns:us-roles="http://fasb.org/us-roles/2022" xmlns:country="http://xbrl.sec.gov/country/2022" xmlns:srt="http://fasb.org/srt/2022" xmlns:AREN="http://thearenagroup.net/20230316">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
<!-- Field: Set; Name: xdx; ID: xdx_02B_US%2DGAAP%2D2022 -->
<!-- Field: Set; Name: xdx; ID: xdx_03A_AREN_thearenagroup.net_20230316 -->
<!-- Field: Set; Name: xdx; ID: xdx_044_20230316_20230316 -->
<!-- Field: Set; Name: xdx; ID: xdx_055_edei%2D%2DEntityCentralIndexKey_0000894871 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityCentralIndexKey">0000894871</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:AmendmentFlag">false</ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="aren-20230316.xsd" xlink:type="simple" />
  </ix:references>
 <ix:resources>
    <xbrli:context id="From2023-03-16to2023-03-16">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000894871</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-03-16</xbrli:startDate>
        <xbrli:endDate>2023-03-16</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<!-- Field: Rule-Page --><div style="width: 100%"><div style="border-top: Black 4pt solid; border-bottom: Black 1.5pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>UNITED
STATES</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>SECURITIES
AND EXCHANGE COMMISSION</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt"><b>WASHINGTON,
D.C. 20549</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt"><b></b></span>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"></p>

<!-- Field: Rule-Page --><div style="margin-left: auto; margin-right: auto; width: 100%"><div style="border-top: Black 1.5pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>FORM
<span id="xdx_906_edei--DocumentType_c20230316__20230316_zrdWfHAHBo5j"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>CURRENT
REPORT</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Date
of Report: </b>(Date of Earliest Event Reported): <b><span id="xdx_905_edei--DocumentPeriodEndDate_c20230316__20230316_zL9rLtBHVERg"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">March 16, 2023</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b><span id="xdx_903_edei--EntityRegistrantName_c20230316__20230316_zNFjmfOKRRy2"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityRegistrantName">THE
ARENA GROUP HOLDINGS, INC.</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
name of registrant as specified in its charter)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b><span id="xdx_90E_edei--EntityIncorporationStateCountryCode_c20230316__20230316_zmXORBPHtXZ7"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">delaware</ix:nonNumeric></span></b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_90B_edei--EntityFileNumber_c20230316__20230316_z0Ddf4JP8vlj"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityFileNumber">001-12471</ix:nonNumeric></span></b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_908_edei--EntityTaxIdentificationNumber_c20230316__20230316_zb6rKbkfXuNk"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityTaxIdentificationNumber">68-0232575</ix:nonNumeric></span></b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State
    or other jurisdiction</span></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">of
    incorporation)</span></p></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Commission</span></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">File
    Number)</span></p></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(I.R.S.
    Employer</span></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Identification
    No.)</span></p></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span id="xdx_903_edei--EntityAddressAddressLine1_c20230316__20230316_zLEbd2GR40Q8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityAddressAddressLine1">200
VESEY STREET,</ix:nonNumeric> </b></span><b><span id="xdx_909_edei--EntityAddressAddressLine2_c20230316__20230316_z40LW1K67MXa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityAddressAddressLine2">24<sup>TH</sup> FLOOR</ix:nonNumeric></span></b></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_907_edei--EntityAddressCityOrTown_c20230316__20230316_zdgKKdeobdHi"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityAddressCityOrTown">NEW
    YORK</ix:nonNumeric></span>, <span style="text-transform: uppercase"><span id="xdx_90F_edei--EntityAddressStateOrProvince_c20230316__20230316_zgJBkFUF4jSc"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">new york</ix:nonNumeric></span></span></b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_902_edei--EntityAddressPostalZipCode_c20230316__20230316_zBBP3jANTi2b"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:EntityAddressPostalZipCode">10281</ix:nonNumeric></span></b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
    of principal executive offices)</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip
    code)</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_908_edei--CityAreaCode_c20230316__20230316_zsMXz7ENPWs9"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:CityAreaCode">212</ix:nonNumeric></span>-<span id="xdx_904_edei--LocalPhoneNumber_c20230316__20230316_z86xVmIi5dk3"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:LocalPhoneNumber">321-5002</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Registrant&#8217;s
telephone number including area code)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Former
name or former address if changed since last report)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Securities
registered pursuant in Section 12(b) of the Act:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 38%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title
    of each class</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 20%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trading
    Symbol(s)</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 38%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name
    of each exchange on which registered</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_906_edei--Security12bTitle_c20230316__20230316_ztcTAz1lHpyb"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:Security12bTitle">Common
    Stock, par value $0.01 per share</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_902_edei--TradingSymbol_c20230316__20230316_zdu8XF6Hies2"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" name="dei:TradingSymbol">AREN</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_edei--SecurityExchangeName_c20230316__20230316_zt70thXWYZHc"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE
    American</ix:nonNumeric></span></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_908_edei--WrittenCommunications_c20230316__20230316_zBseDiA4ciA2"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#9744;</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written
    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_904_edei--SolicitingMaterial_c20230316__20230316_zxtwhKqOB3P3"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#9744;</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
    material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_edei--PreCommencementTenderOffer_c20230316__20230316_zNJJzj03tC2f"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#9744;</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_902_edei--PreCommencementIssuerTenderOffer_c20230316__20230316_zrVwsXGkggle"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#9744;</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
growth company <span id="xdx_905_edei--EntityEmergingGrowthCompany_c20230316__20230316_zv9evUkWoZtg"><ix:nonNumeric contextRef="From2023-03-16to2023-03-16" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<!-- Field: Rule-Page --><div style="width: 100%"><div style="border-top: Black 1.5pt solid; border-bottom: Black 4pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1.5pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item
2.02 Results of Operations and Financial Condition.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
March 16, 2023, The Arena Group Holdings, Inc. issued a press release announcing its financial results for the fourth quarter and year
ended December 31, 2022. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
information furnished with this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed &#8220;filed&#8221; for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference in such a filing.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item
9.01 Financial Statements and Exhibits.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Exhibits</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.75in"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Exhibit</b></span></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>No.</b></span></p></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Description</b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex99-1.htm">Press Release of The Arena Group Holdings, Inc., dated March 16, 2023, announcing its financial results for the fourth quarter and year ended December 31, 2022</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cover
    Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1.5pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>SIGNATURE</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:
    March 16, 2023</span></td>
    <td colspan="2" style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>THE
    ARENA GROUP HOLDINGS, INC.</b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 5%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 45%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</span></td>
    <td style="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>/s/
    Douglas B. Smith</i></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Douglas
    B. Smith</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Financial Officer</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></p>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <div style="border-bottom: Black 1.5pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt">&#160;</p>

</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjV0KwjAQhE/QOyx5Fm1aVOybFi1iFSkivoZ2lWCbLZv4dyRvaWwRl4VlmflmhBiIjFa6RobTosjhgE1bK4dQ4BkZTYneka43Cfhb4EVbx8q47v2BKXkGPTMeyknphc561xarBMJ4FE5HUQxSJtEM5lsRfPWUzFlXaJxWNShTwZ6pZY1O8atPOKgnGWpeXdUR2WoyCchh2MtviEIZwY7u6kF8tZDnqQgG3QQiY7q135qbddTAssbGd9ke/W/wARRzSUI= -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
99.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="ex99-1_001.jpg" ALT="" STYLE="height: 126.6pt; width: 253.2pt"><BR STYLE="clear: both"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Arena Group Reports Full Year 2022 Revenue of $221 Million </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Driven
by a Nearly 74% Year Over Year Increase in Digital Advertising Revenue</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Results
Showcase a $28 Million Improvement in Operating Income for Full Year 2022</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NEW
YORK &ndash; March 16, 2023 &ndash; </B>The Arena Group Holdings, Inc. (NYSE American: AREN) (the &ldquo;Company&rdquo; or &ldquo;The
Arena Group&rdquo;), a tech-powered media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media
(&ldquo;Parade&rdquo;), and Men&rsquo;s Journal operating on a single technology platform, today announced financial results for the
three months and twelve months ended December 31, 2022. The Company reported significant improvements in both top- and bottom-line results
in 2022, driving record revenues of more than $221 million, while reducing operating expenses by nearly $20 million over that time. In
the fourth quarter of 2022, the Company reported revenue from continuing operations of $61.7 million while reducing operating expenses
by more than 30%. These results were driven by significant gains in digital advertising and licensing and syndication, and new lines
of revenue in online betting and ecommerce, while managing headwinds and declines in the legacy print and subscription lines. Overall,
the Company reported its highest full-year revenue and profits in its history.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1.5pt; font-style: italic">(in thousands)</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">Three Months Ended</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">December 31,</P></TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022 versus 2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022 versus 2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Revenue by Category</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">$ Change</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">% Change</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">$ Change</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">% Change</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Digital Revenue</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; width: 28%; text-align: left">Digital advertising</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">34,467</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">23,468</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">10,999</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 5%; text-align: right">46.9</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">109,317</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">62,865</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 5%; text-align: right">46,452</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 5%; text-align: right">73.9</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Digital subscriptions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,576</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,155</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,579</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-36.0</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">21,156</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">29,629</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(8,473</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-28.6</TD><TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Licensing and syndication</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,896</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,669</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,227</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">120.9</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,173</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,471</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9,702</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">114.5</TD><TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Other digital revenue</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">250</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">11</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">239</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">2172.7</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,166</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">43</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,123</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">2611.6</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left; padding-bottom: 1.5pt">Total digital revenue</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">45,189</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">33,303</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">11,886</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">35.7</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">149,812</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">101,008</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">48,804</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">48.3</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Print Revenue</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Print advertising</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,429</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,147</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">282</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13.1</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,214</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9,051</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,163</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12.8</TD><TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Print subscriptions</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">14,046</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">25,754</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(11,708</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-45.5</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">60,909</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">79,081</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(18,172</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-23.0</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left; padding-bottom: 1.5pt">Total print revenue</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">16,475</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">27,901</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(11,426</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-41.0</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">71,123</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">88,132</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(17,009</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-19.3</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Total revenue</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">61,664</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">61,204</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">460</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">0.8</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">220,935</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">189,140</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">31,795</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">16.8</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>*The
results for the fourth quarter of 2022 and full year 2022 have been adjusted in this press release to remove the discontinued operations
of the Parade print business (&ldquo;Parade Print&rdquo;) that was acquired on April 1, 2022 and was discontinued on November 13, 2022.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Fourth
Quarter 2022 Financial and Operational Highlights</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in">&#9679;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly
                                            revenue from continuing operations was $61.7 million versus $61.2 million in the prior year
                                            period.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in">&#9679;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Digital
                                            advertising revenue increased 47% to a record $34.5 million versus $23.5 million in the prior
                                            year period.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in">&#9679;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly
                                            operating expenses decreased by $15.3 million from $50.8 million to $35.6 million in the
                                            prior year period.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in">&#9679;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
                                            loss improved by $5.4 million to $13.7 million versus $19.1 million in the prior year period.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                            fourth quarter of 2022 included approximately $15.0 million in non-cash charges, which
                                            represents approximately 109% of the net loss. The non-cash charges include stock-based
                                            compensation, depreciation, amortization of platform development and intangible assets
                                            and other non-cash charges.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted
                                            EBITDA** was $5.4 million versus $1.1 million in the prior year period.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                            Arena Group generated $3.4 million in cash from operations versus $6.5 million of cash used
                                            in operations in the prior year period.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Full
Year 2022 Financial Highlights</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
                                            revenue from continuing operations for 2022 was $220.9 million, representing an increase
                                            of 17% from $189.1 million for 2021. This was accomplished as a result of a 48% year-over-year
                                            increase in revenues from the digital side of our business, which more than offset the planned
                                            reduction in print revenues.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Digital
                                            advertising revenue increased 74% to $109.3 million from $62.9 million in 2021.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
                                            expenses decreased by $19.0 million from $162.9 million in the prior year to $143.9 million
                                            in 2022.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loss
                                            from continuing operations was $67.4 million in 2022, representing an improvement of $22.6
                                            million compared to a loss from continuing operations of $89.9 million in the prior year.
                                            Loss from discontinued operations was $3.5 million for 2022, with no such loss in 2021.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
                                            loss improved by over $19.1 million to $70.9 million in 2022 versus $89.9 million in the
                                            prior year. Fiscal year 2022 included $61.6 million in non-cash charges which represents
                                            approximately 87% of the net loss. The non-cash charges include stock-based compensation,
                                            depreciation, amortization of platform development and intangible assets and other non-cash
                                            charges.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted
                                            EBITDA** was $3.1 million, compared to a $12.1 million loss in the prior year.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>**Adjusted
EBITDA is a non-GAAP measure. For additional information regarding non-GAAP financial measures, see &ldquo;Use of Non-GAAP Financial
Measures&rdquo; and &ldquo;Net Loss to Adjusted EBITDA Reconciliation&rdquo; below</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Management
Commentary</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chairman
and Chief Executive Officer of The Arena Group, Ross Levinsohn, said, &ldquo;2022 was a transformative year for our Company as we grew
our digital business lines substantially, expanded our portfolio, recorded revenue growth and sharpened our operations to drive significant
improvements to our financial results. We have grown revenue from $53.3 million in 2019 to $220.9 million in 2022, while expanding margins
and significantly narrowing our losses and reporting our first full year of positive Adjusted EBITDA in our Company&rsquo;s history.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;In
2023, we are focused on continuing to streamline our operations to drive operating cash flow and profits for our Company and shareholders,&rdquo;
added Mr. Levinsohn. &ldquo;We have successfully re-platformed our Men&rsquo;s Journal, Men&rsquo;s Fitness, Surfer, Powder and Bike
acquisitions, and following the addition of 113 new sites in 2022, we continue to further expand our footprint, reach and inventory.
In the fourth quarter of 2022, we generated positive cash from operations and delivered $5.4 million in positive Adjusted EBITDA. We
expect $30 to $35 million in Adjusted EBITDA for 2023, demonstrating the growing earnings power of our business as we more effectively
leverage our scale. Simultaneously, we expect to continue to expand our use of technology, including artificial intelligence solutions,
to drive incremental productivity efficiencies.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company generated impactful growth across each vertical in the fourth quarter. Highlights include:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Sports vertical, anchored by Sports Illustrated and featuring local team sites brand FanNation, The Spun and Sports Illustrated Media
    Group partners, increased monthly average pageviews by 76% in 2022 compared to 2021, according to Google Analytics, and the Sports
    Illustrated Media Group was the #4 ranked sports media property according to ComScore in January 2023.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Finance vertical grew monthly average pageviews 139% in 2022 compared to 2021, reaching an average of 27 million pageviews online
    each month, according to Google Analytics.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Lifestyle vertical, anchored by Parade, which the Company acquired in April, continued to deliver improvements in audience and yield.
    According to Google Analytics, Parade.com&rsquo;s monthly average pageviews have increased by 44% in 2022 compared to 2021, reaching
    586 million quarterly pageviews in the fourth quarter. Unique users approximately doubled in the last six months of 2022, according
    to Comscore.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Company&rsquo;s pet property, Pet Helpful, delivered a 364% year-over-year growth in quarterly pageviews in the fourth quarter of
    2022, reaching 309 million in the fourth quarter, according to Google Analytics.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
    the HubPages business, the Company&rsquo;s content playbook has now expanded across 34 sites, with plans to double the number of
    sites utilizing the playbook in 2023. As a result of this strategy, the Company&rsquo;s total HubPages monthly average pageviews
    in the fourth quarter was 65.4 million, up 54% from the prior year, according to Google Analytics.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Financial
Results for the Three Months Ended December 31, 2022 Compared to the Three Months Ended December 31, 2021</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Revenue</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue
from continuing operations was $61.7 million for the fourth quarter of 2022, representing an increase of 1% compared to $61.2 million
in the fourth quarter of 2021.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Digital
Revenue </U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue
from digital operations grew 36% year-over-year to $45.2 million in the fourth quarter 2022, highlighted by a 47% increase in digital
advertising. Consumer engagement, measured by page view growth, recorded a 22% gain to more than 1.5 billion during the quarter, and
a 13% increase in revenue per page view year-over-year.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Licensing
and syndication revenue increased by $3.2 million, or 121% from the prior year period as we now distribute content to more than 600 external
outlets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Print
Revenue</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
improvement in digital revenue offset an $11.4 million decrease in total print revenue, from $27.9 million in the fourth quarter of 2021
to $16.5 million in the fourth quarter of 2022, which was primarily related to a planned decrease in print revenue from the Sports Illustrated
magazine, as we reduced the rate-base from 1.7 million to 1.2 million. The Company continues to focus on driving margin and profits from
its subscription relationships, as the segment remains profitable from subscriptions and print advertising.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Gross
Profit</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross
profit for the fourth quarter of 2022 decreased slightly to $27.5 million from $33.9 million in the prior year period. Cost of revenue
increased by 25% to $34.1 million in the fourth quarter of 2022 from $27.3 million in the prior year period, primarily driven by higher
print production and distribution costs.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Operating
Expenses</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
operating expenses decreased by $15.3 million to $35.6 million in the fourth quarter of 2022 from $50.8 million in the prior year period.
This decrease was primarily driven by lower subscription acquisition costs related to the aforementioned 29% decrease in the Sports Illustrated
rate base. In addition, the Company continues to optimize operations, integrate acquired properties and drive efficiency.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Net
Loss from Continuing Operations </U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
loss from continuing operations improved to $11.6 million in the fourth quarter of 2022 as compared to $19.1 million in the prior year
period. The fourth quarter of 2022 included non-cash charges of $15.0 million as compared to $19.5 million of non-cash charges in the
prior year period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Adjusted
EBITDA</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted
EBITDA was $5.4 million for the fourth quarter of 2022, an improvement from $4.3 million in the prior year period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Financial
Results for the 12 Months Ended December 31, 2022 Compared to the 12 Months Ended December 31, 2021</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Revenue:</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
revenue from continuing operations for the full year 2022 was $220.9 million as compared to $189.1 million in the prior year, which represents
an increase of 17%.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Digital
Revenue</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
digital advertising revenue from continuing operations increased by $46.5 million or 74%, driven by a 47% increase in monthly
average pageviews and a 13% increase in RPM for the full year 2022 as compared to the prior year with 80% of the total digital revenue
increase attributable to organic growth.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the full year 2022, licensing and syndication revenue increased by $9.7 million or 115% from the prior year as we added 500 new
digital outlets during the year and expanded existing ones to leverage our content with increased monetization. Other digital
revenue, primarily consisting of e-commerce and sponsorship revenue, increased by $1.1 million from the prior year largely attributable
to the expansion of our e-commerce business.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Print
Revenue</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Print
subscription revenue decreased by $18.2 million or 23% from the prior year, which was principally related to our planned rate base reduction
for our Sports Illustrated media business of 29% from 1.7 million in fiscal 2021 to 1.2 million in fiscal 2022 to focus on more profitable
subscriptions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Gross
Profit</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross
profit was $88.0 million, representing a 40% gross margin, for the full year 2022, as compared to $78.6 million, representing a 42% gross
margin in the prior year. Operating expenses decreased by $19.0 million from $162.9 million in the prior year to $143.9 million for the
full year 2022.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Net
Loss from Continuing Operations</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
loss from continuing operations was $67.4 million for the full year 2022, an improvement of $22.6 million compared to $89.9 million in
the prior year. The Company recorded $61.6 million of non-cash charges in 2022, representing 91% of the net loss in 2022. During fiscal
2021, the Company recorded $69.4 million of non-cash charges.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I><U>Adjusted
EBITDA</U></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I></I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted
EBITDA was $3.1 million for the full year 2022 representing an improvement of more than $15 million, compared to a loss of $12.1 million
for the prior year, primarily attributable to the $22.6 million improvement in net loss from continuing operations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Balance
Sheet and Liquidity as of December 31, 2022</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
and cash equivalents were $13.9 million as of December 31, 2022, compared to $9.3 million as of December 31, 2021.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the year ended December 31, 2022, net cash used in operating activities was $11.3 million, as compared to $14.7 million for the prior
year, a $3.4 million improvement. The improvement was primarily a result of the increase in revenue and reduction in operating expenses
as well as a general improvement in our working capital efficiency.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Fiscal
2023 Outlook</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management
reiterated its full-year 2023 guidance of between $255 million and $270 million in total revenue and between $30 million and $35 million
in Adjusted EBITDA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;As
we do each quarter and on an annual basis, we proactively manage our cost structure and focus on driving increased operational efficiency
to position the Company to achieve its Adjusted EBITDA target,&rdquo; commented Doug Smith, The Arena Group&rsquo;s Chief Financial Officer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Conference
Call</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ross
Levinsohn, The Arena Group&rsquo;s Chief Executive Officer, Doug Smith, Chief Financial Officer, and Andrew Kraft, Chief Operating Officer,
will host a conference call and live webcast to review the financial results and provide a corporate update on Thursday, March 16, 2023
at 4:30 p.m. ET. To access the call, please dial 888-506-0062 (toll free) or 973-528-0011 and if requested, reference conference ID 403807.
The conference call will also be webcast live on the Investor Relations section of The Arena Group&rsquo;s website at https://investors.thearenagroup.net/news-and-events/events.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
the conclusion of the live call, a replay of the webcast will be available on the Investor Relations section of the Company&rsquo;s website
for at least 90 days. A telephonic replay of the conference call will also be available from 7 p.m. ET on March 16, 2023 until 11:59
p.m. ET on March 30, 2023 by dialing 877-481-4010 (United States) or 919-882-2331 (international) and using the passcode 47566.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
The Arena Group</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Arena Group creates robust digital destinations that delight consumers with powerful journalism and news about the things they love &ndash;
their favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. With
powerful technology, editorial expertise, data management, and marketing savvy, the transformative company enables brands like Sports
Illustrated, TheStreet, Parade, and Men&rsquo;s Journal to deliver highly relevant content and experiences that consumers love. To learn
more, visit www.thearenagroup.net.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Use
of Non-GAAP Financial Measures</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
report our financial results in accordance with generally accepted accounting principles in the United States of America (&ldquo;GAAP&rdquo;);
however, management believes that certain non-GAAP financial measures provide users of our financial information with useful supplemental
information that enables a better comparison of our performance across periods. This press release includes references to Adjusted EBITDA,
which is a non-GAAP financial measure. We believe Adjusted EBITDA provides visibility to our underlying continuing operating performance
by excluding the impact of certain items that are noncash in nature or not related to our core business operations. We calculate Adjusted
EBITDA as net loss, adjusted for (i) interest expense (net), (ii) income taxes, (iii) depreciation and amortization, (iv) stock-based
compensation, (v) change in derivative valuations, (vi) liquidated damages, (vii) gain upon debt extinguishment, (viii) loss on impairment
of lease, (ix) loss on lease termination, (x) loss on impairment of assets, (xi) professional and vendor fees, and (xii) employee restructuring
payments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
Adjusted EBITDA measure may not be comparable to a similarly titled measure used by other companies, has limitations as an analytical
tool, and should not be considered in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Additionally,
we do not consider our Adjusted EBITDA as superior to, or a substitute for, the equivalent measures calculated and presented in accordance
with GAAP. A reconciliation of Adjusted EBITDA to net loss has been provided in the financial statement tables included in this press
release, and investors are encouraged to review the reconciliation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have not reconciled full year 2023 guidance for Adjusted EBITDA to the most directly comparable GAAP measure because certain items that
impact Adjusted EBITDA are uncertain, out of our control, and/or cannot be reasonably predicted. Accordingly, a reconciliation of Adjusted
EBITDA guidance to the corresponding GAAP measure is not available without unreasonable effort.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Forward
Looking Statements</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
press release includes statements that constitute forward-looking statements. Forward-looking statements may be identified by the use
of words such as &ldquo;forecast,&rdquo; &ldquo;guidance,&rdquo; &ldquo;plan,&rdquo; &ldquo;estimate,&rdquo; &ldquo;will,&rdquo; &ldquo;would,&rdquo;
&ldquo;project,&rdquo; &ldquo;maintain,&rdquo; &ldquo;intend,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;prospect,&rdquo;
&ldquo;strategy,&rdquo; &ldquo;future,&rdquo; &ldquo;likely,&rdquo; &ldquo;may,&rdquo; &ldquo;should,&rdquo; &ldquo;believe,&rdquo; &ldquo;continue,&rdquo;
&ldquo;opportunity,&rdquo; &ldquo;potential,&rdquo; and other similar expressions that predict or indicate future events or trends or
that are not statements of historical matters, and include, for example, statements related to full year 2023 guidance for Adjusted EBITDA,
the Company&rsquo;s anticipated future expenses and investments, business strategy and plans, expectations relating to its industry,
market conditions and market trends and growth, market position and potential market opportunities, and objectives for future operations.
These forward-looking statements are based on information available at the time the statements are made and/or management&rsquo;s good
faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual results
to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause or contribute to
such differences include, but are not limited to, the duration and scope of the COVID-19 pandemic and impact on the demand for the Company
products; the ability of the Company to expand its verticals; the Company&rsquo;s ability to grow its subscribers; the Company&rsquo;s
ability to grow its advertising revenue; general economic uncertainty in key global markets and a worsening of global economic conditions
or low levels of economic growth; the effects of steps that the Company could take to reduce operating costs; the inability of the Company
to sustain profitable sales growth; circumstances or developments that may make the Company unable to implement or realize the anticipated
benefits, or that may increase the costs, of its current and planned business initiatives; and those factors detailed by the Company
in its public filings with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;), including its Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q. Should one or more of these risks, uncertainties, or facts materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein.
Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they
are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be achieved. Except as required under the federal securities
laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements,
whether as a result of new information, future events, or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Investor
Relations Contact</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rob
Fink</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FNK
IR</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Aren@fnkir.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">646.809.4048</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Media
Contacts:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rachael
Fink</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Communications
Manager, The Arena Group</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Rachael.fink@thearenagroup.net</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrew
Rhodes</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DKC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>arena@dkcnews.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONSOLIDATED
BALANCE SHEETS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-style: italic; text-align: center">($ in thousands, except share data)</TD><TD STYLE="font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">Assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Current assets:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; width: 64%; text-align: left">Cash and cash equivalents</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">13,871</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">9,349</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Restricted cash</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">502</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">502</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Accounts receivable, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">33,950</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">21,660</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Subscription acquisition costs, current portion</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25,931</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30,162</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Royalty fees</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,250</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Prepayments and other current assets</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">4,441</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">4,748</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Total current assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">78,695</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">77,671</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Property and equipment, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">735</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">636</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Operating lease right-of-use assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">372</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">528</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Platform development, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,330</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9,299</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Subscription acquisition costs, net of current portion</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14,133</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,235</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Acquired and other intangible assets, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">58,970</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">57,356</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Other long-term assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,140</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">639</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1.5pt">Goodwill</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">39,344</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">19,619</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Total assets</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">203,719</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">173,983</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Liabilities, mezzanine equity and stockholders&rsquo; deficiency</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Current liabilities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Accounts payable</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">12,863</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">11,982</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Accrued expenses and other</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">23,102</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">24,011</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt">Line of credit</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14,092</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,988</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Unearned revenue</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">58,703</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">54,030</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Subscription refund liability</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">845</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,087</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Operating lease liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">427</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">374</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Liquidated damages payable</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,843</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,197</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Bridge notes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,805</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Current portion of long-term debt</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">65,684</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">5,744</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Total current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">216,364</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">116,413</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Unearned revenue, net of current portion</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19,701</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,277</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Operating lease liabilities, net of current portion</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">358</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">785</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Liquidating damages payable, net of current portion</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">494</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,008</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Other long-term liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,307</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,556</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Deferred tax liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">465</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">362</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Long-term debt, net of current portion</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">64,373</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Total liabilities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">242,689</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">211,774</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Commitments and contingencies</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Mezzanine equity:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Series G redeemable and convertible preferred stock, $0.01 par value, $1,000 per share liquidation value and 1,800 shares designated; aggregate liquidation value: $168; Series G shares issued and outstanding: 168; common shares issuable upon conversion: 8,582 at December 31, 2022 and 2021</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">168</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">168</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Series H convertible preferred stock, $0.01 par value, $1,000 per share liquidation value and 23,000 shares designated; aggregate liquidation value: $14,356 and $15,066; Series H shares issued and outstanding: 14,356 and 15,066; common shares issuable upon conversion: 1,981,128 and 2,075,200 at December 31, 2022 and 2021, respectively</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">13,008</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">13,718</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Total mezzanine equity</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">13,176</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">13,886</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Stockholders&rsquo; deficiency:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Common stock, $0.01 par value, authorized 1,000,000,000 shares: issued and outstanding; 18,303,193 and 12,635,951 shares December 31, 2022 and 2021, respectively</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">182</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">126</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Common stock to be issued</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Additional paid-in capital</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">270,743</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200,410</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Accumulated deficit</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(323,071</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(252,213</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Total stockholders&rsquo; deficiency</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(52,146</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(51,677</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Total liabilities, mezzanine equity and stockholders&rsquo; deficiency</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">203,719</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">173,983</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONSOLIDATED
STATEMENTS OF OPERATIONS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Three Months Ended</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>December 31,</B></FONT></P></TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="font-style: italic; text-align: center">($ in thousands)</TD><TD STYLE="font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; font-weight: bold">Revenue</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">61,664</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">61,204</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">220,935</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">189,140</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Cost of revenue (includes amortization for developed technology and platform development for 2022 and 2021 of $9,459 and $8,829, respectively and for the three months ended 2022 and 2021 of 2,360 and $2,263, respectively)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">34,134</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">27,266</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">132,923</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">110,530</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Gross profit</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">27,530</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">33,938</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">88,012</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">78,610</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Operating expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Selling and marketing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19,366</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">27,697</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">72,489</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">81,929</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">General and administrative</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,658</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,025</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">53,499</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">55,612</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Depreciation and amortization</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,526</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,363</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,650</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,345</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Loss on impairment of assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">288</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">257</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,192</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Loss on impairment of lease</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Loss on termination of lease</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">7,345</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Total operating expenses</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">35,550</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">50,839</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">143,895</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">162,889</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Loss from operations</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(8,020</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(16,901</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(55,883</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(84,279</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Other (expense) income</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Change in valuation of warrant derivative liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(463</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Interest expense, net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,918</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,754</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(11,428</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(10,449</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Liquidated damages</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(501</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(439</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,140</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,637</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Gain upon debt extinguishment</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">5,717</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Total other expense</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(3,419</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(3,656</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(12,568</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(7,335</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Loss before income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(11,439</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(20,557</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(68,451</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(91,614</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Income tax benefit (provision)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(117</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,444</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,063</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,674</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Loss from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(11,566</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(19,113</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(67,388</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(89,940</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Loss from discontinued operations, net of tax</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(2,141</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(3,470</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(13,697</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(19,113</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(70,858</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(89,940</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Basic and diluted net loss per common share:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.63</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(1.56</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(3.82</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(7.87</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Discontinued operations</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(0.12</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(0.20</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Basic and diluted net loss per common stock</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.75</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(1.56</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(4.02</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(7.87</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Weighted average number of common stock outstanding &ndash; basic and diluted</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">18,457,296</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">12,275,151</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">17,625,619</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">11,429,740</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONSOLIDATED
STATEMENTS OF CASH FLOWS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-style: italic; text-align: center">($ in thousands)</TD><TD STYLE="font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Cash flows from operating activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 64%; text-align: left">Net loss</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">(70,858</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">(89,940</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Adjustments to reconcile net loss to net cash used in operating activities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Depreciation of property and equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">539</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">443</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Amortization of platform development and intangible assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">26,570</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">24,731</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Amortization of debt costs</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,581</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,106</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Loss on impairment of assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,192</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Loss on impairment of lease</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Loss on termination of lease</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,345</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Change in valuation of warrant derivative liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(34</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Liquidated damages</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,140</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,637</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Gain upon debt extinguishment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,717</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Accrued and noncash converted interest</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">320</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,956</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Stock-based compensation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">31,345</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30,493</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Deferred income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,200</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,674</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Bad debt expense</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">658</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">499</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt">Other</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">184</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Change in operating assets and liabilities net of effect of acquisitions:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left">Accounts receivable</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,038</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(3.884</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left">Subscription acquisition costs</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,667</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,108</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left">Royalty fees</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,250</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left">Prepayments and other current assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,280</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">49</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left">Other long-term assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(285</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">692</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left">Accounts payable</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(6,535</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,752</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left">Accrued expenses and other</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,996</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,474</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left">Unearned revenue</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,898</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(15,819</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left">Subscription refund liability</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,379</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(949</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 20pt; text-align: left">Operating lease liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(218</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,489</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 20pt; text-align: left; padding-bottom: 1.5pt">Other long-term liabilities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(3,359</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(1,166</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Net cash used in operating activities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(11,304</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(14,729</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Cash flows from investing activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Purchases of property and equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(530</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(377</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Capitalized platform development</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,179</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(4,819</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from sale of equity investment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,450</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Payments for acquisitions, net of cash</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(35,331</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(7,950</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Net cash used in investing activities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(38,590</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(13,146</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Cash flows from financing activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from bridge notes, net of debt costs</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,728</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from long-term debt</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,086</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Payments of long-term debt</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,928</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds, net of repayments, under line of credit</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,104</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,809</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from common stock public offering, net of offering costs</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">32,058</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Payments of issuance costs from common stock public offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,568</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from common stock private placement</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,005</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Payments of issuance costs from common stock private placement</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(167</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Proceeds from exercise of common stock options</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">95</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Payment of deferred cash payment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(453</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left">Payment for taxes related to common stock withheld for taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(4,468</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(70</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Payment of restricted stock liabilities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(2,152</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(1,472</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Net cash provided by financing activities</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">54,416</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">28,191</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Net increase in cash, cash equivalents, and restricted cash</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,522</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">316</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Cash, cash equivalents, and restricted cash &ndash; beginning of year</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">9,851</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">9,535</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Cash, cash equivalents, and restricted cash &ndash; end of year</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">14,373</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">9,851</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Cash, cash equivalents, and restricted cash</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; text-align: left">Cash and cash equivalents</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">13,871</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">9,349</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Restricted cash</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">502</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">502</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Total cash, cash equivalents, and restricted cash</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">14,373</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">9,851</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NET
LOSS TO ADJUSTED EBITDA RECONCILIATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Three Months Ended</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>December 31,</B></FONT></P></TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="font-style: italic; text-align: center">($ in thousands)</TD><TD STYLE="font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; text-align: left">Net loss</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">(13,697</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">(19,113</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">(70,858</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">(89,940</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Loss from discontinued operations, net of tax</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">2,141</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">3,470</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Loss from continuing operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(11,556</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(19,113</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(67,388</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(89,940</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Add (deduct):</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Interest expense, net (1)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,918</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,754</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,428</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,449</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Income tax (benefit) provision</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">117</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,444</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,063</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,674</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Depreciation and amortization (2)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,886</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,626</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">27,109</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25,174</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Stock-based compensation (3)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,568</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,804</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">31,345</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30,493</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Change in derivative valuations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">463</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(34</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Liquidated damages (4)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">501</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">439</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,140</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,637</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Gain upon debt extinguishment (5)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,717</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Loss on impairment of lease (6)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">466</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Loss on lease termination (7)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,345</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Loss on impairment of assets (8)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">288</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">257</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,192</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Professional and vendor fees (9)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,748</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,901</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Employee restructuring payments (10)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">65</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">273</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">645</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Adjusted EBITDA</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">5,434</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">1,096</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">3,101</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(12,063</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.3in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
                                            expense is related to our capital structure and varies over time due to a variety of financing
                                            transactions. Interest expense includes $365 and $566 for amortization of debt discounts
                                            for the three months ended December 31, 2022 and 2021, respectively, and $1,581 and $2,106
                                            for amortization of debt discounts for the years ended December 31, 2022 and 2021, respectively,
                                            as presented in our condensed consolidated and consolidated statements of cash flows, which
                                            are a noncash item. Investors should note that interest expense will recur in future periods.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            depreciation and amortization related to our developed technology and Platform included within
                                            cost of revenues of $2,360 and $2,263 for the three months ended December 31, 2022 and 2021,
                                            respectively, and $9,459 and $8,829, for the years ending December 31, 2022 and 2021, respectively.
                                            Depreciation and amortization included within operating expenses was $4,526 and $4,363 for
                                            the three months ended December 31, 2022 and 2021, respectively, and $17,650 and $16,345
                                            for the years ending December 31, 2022 and 2021, respectively. We believe (i) the amount
                                            of depreciation and amortization expense in any specific period may not directly correlate
                                            to the underlying performance of our business operations and (ii) such expenses can vary
                                            significantly between periods as a result of new acquisitions and full amortization of previously
                                            acquired tangible and intangible assets. Investors should note that the use of tangible and
                                            intangible assets contributed to revenue in the periods presented and will contribute to
                                            future revenue generation and should also note that such expense will recur in future periods.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            noncash costs arising from the grant of stock-based awards to employees, consultants and
                                            directors. We believe that excluding the effect of stock-based compensation from Adjusted
                                            EBITDA assists management and investors in making period-to-period comparisons in our operating
                                            performance because (i) the amount of such expenses in any specific period may not directly
                                            correlate to the underlying performance of our business operations, and (ii) such expenses
                                            can vary significantly between periods as a result of the timing of grants of new stock-based
                                            awards, including grants in connection with acquisitions. Additionally, we believe that excluding
                                            stock-based compensation from Adjusted EBITDA assists management and investors in making
                                            meaningful comparisons between our operating performance and the operating performance of
                                            other companies that may use different forms of employee compensation or different valuation
                                            methodologies for their stock-based compensation. Investors should note that stock-based
                                            compensation is a key incentive offered to employees whose efforts contributed to the operating
                                            results in the periods presented and are expected to contribute to operating results in future
                                            periods. Investors should also note that such expenses will recur in the future.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NET
LOSS TO ADJUSTED EBITDA RECONCILIATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.3in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            damages (or interest expense related to accrued liquidated damages) we owe to certain of
                                            our investors in private placements offerings conducted in fiscal years 2018 through 2020,
                                            pursuant to which we agreed to certain covenants in the respective securities purchase agreements
                                            and registration rights agreements, including the filing of resale registration statements
                                            and becoming current in our reporting obligations, which we were not able to timely meet.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            a gain upon extinguishment of the Paycheck Protection Program Loan.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(6)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            our impairment of certain leased property that is no longer being used.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(7)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            our loss related to the surrender and termination of our lease of office space located in
                                            New York based on our decision to no longer lease office space.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(8)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            our impairment of certain assets that are no longer useful.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(9)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            one-time, non-recurring third party professional and vendor fees recorded in connection with
                                            services provided by consultants, accountants, lawyers, and other vendors (these fees are
                                            collectively referred to as &ldquo;Professional Fees&rdquo;) related to (i) the preparation
                                            of periodic reports in order for us to become current on our Securities Exchange Act of 1934
                                            reporting obligations, (ii) up-list to a national exchange, (iii) contemplated and completed
                                            acquisitions, (iv) public and private offerings of our securities and other financings, and
                                            (v) stockholder disputes and the implementation of our rights agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
table below summarizes the costs defined above that we incurred during fiscal 2022 and 2021:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Three Months Ended</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>December 31,</B></FONT></P></TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Category</B></FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; text-align: left">(i) Catch-up periodic reports</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">-</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">301</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">-</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 11%; text-align: right">4,096</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">(ii) Up-list</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">138</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">231</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">(iii) M&amp;A</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">695</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,034</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">(iv) Public &amp; private offerings and other financings</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">56</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">444</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">(v) Stockholder disputes/Rights Agreement</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">558</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">1,096</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 10pt; font-weight: bold; padding-bottom: 2.5pt">Totals</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">1,748</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">6,901</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.3in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(10)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            severance payments to the former Chief Financial Officer of Parade and our former Chief Executive
                                            Officer for the years ended December 31, 2022 and 2021.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
table below sets forth the loss from discontinued operations for the period from April 1, 2022 to December 31, 2022:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Three Months Ended December 31, 2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Year Ended December 31, 2022</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-style: italic; text-align: center">($ in thousands)</TD><TD STYLE="font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 64%; font-weight: bold; text-align: justify">Revenue</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">6,064</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 14%; text-align: right">26,817</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-bottom: 1.5pt">Cost of revenue</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">6,074</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">23,015</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-bottom: 1.5pt">Gross profit</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">(10</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">3,802</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: justify">Operating expense</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Selling and marketing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,893</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,396</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">General and administrative</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">238</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,722</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-bottom: 1.5pt">Loss on impairment of assets</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">209</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-bottom: 1.5pt">Total operating expenses</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">2,131</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">7,327</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Loss from discontinued operations</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,141</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(3,525</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-bottom: 1.5pt">Income tax benefit</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">55</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-bottom: 2.5pt">Net loss from discontinued operations</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(2,141</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(3,470</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 11; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>ex99-1_001.jpg
<TEXT>
begin 644 ex99-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1" $Z K$# 2(  A$! Q$!_\0
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M8 ,,$CD D<XR.>F*BZO;K:]NMN_H97LTNK7,M]5IK>UNJZI^0ZBBBF,****
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MM2\,:9_8ND32Z7I/BC5O#\"V,?C=]?&GQZ](?$=IJ6G00:BD-I>0PP0VD/\
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M[IGA?PSHD>I:CI^D6']I:OJUS:V=K]JU75=.TZ%Y)1"U[>06_F"5PM?Q'?\
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M?@&;7;"PNH+.\NM+_P"$GU73$O([:XG1)?(9R,/P=I%>7_\ !*XY_P""8_\
MP3OP\DF/V(/V5EWRM*\C;?@?X'7+M-/<2,>,;FF;.,JL:XC3^)#_ (/>6"?M
M&_L*-A2Q^"7Q:7/EQE@K>-_#_E_.ZNVY7$S97RR@9"A#[FH _LZ3_@LI_P $
MFY%#K_P4?_8K .<!_P!H[X5QMP2#E)/$R..1QE1D8894@EW_  ^2_P""3O\
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 444PN 2,'(X'3G(SQS^'..<U,I**O)V5[;2>OI
M&,G^%O,/ZU:7EU:ZCZ*A:8(,LK 8SEBBC)_ARSKS[#/UI\<@D0. 0#G@E2>&
M*]49U.<9&&/'7!R!23<5)+W7HGMK\[/IV1/,F^76^NO+/E]VR:Y^3D;5UHIM
MO=)I-I]5&EB$T@R24P)3N0+'E5*ALN&&X%3A5)(.<8YJW7PC_P %"/VL+_\
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M0 4444 %%%% !5>6!91(N%"R!MPV_*SM$\):9/N7*F-D7RI@4PBD@E4V6**
M(8H4C0+LC!+.[E$"JTDCM)))M.2#)(S2,"S$,QRS?>,FQ/[J_P#?(_PIU% '
M\47_  >T Q?L:?L?R(Q0M^TWKL#[6*AX+CX4^(G\I@FS=']HLTE*.7 =4D&3
M\B_S(?\ !JL?._X+;?LN6Y+&(^%?VB)6C=F^SR-;_LZ_%(0F>U'[J=HW:*6,
MN,QR0K(K>9\]?TX_\'MG_)F'['W_ &<_JG_JJ_%U?S&_\&I__*;W]EK_ +%#
M]H[_ -9W^)E '^N2L8 .X!B6<Y/S'#.S*,D9^52% Z # X IVQ/[J_\ ?(_P
MIU% %.6U$C9R2NY6,;-OA)38\9,$J2QAHYHHW1HA"P+,X;S%R_X7_P#!RZFS
M_@AW^W@,DD^&?@X[9>23YY/VE?@](X5I&9@@9B(TR%C0+'&J1HJC]W*_";_@
MYA_Y0??MX_\ 8L?!G_UI+X.4 ?Y0G[%8"_MD?LI2,Z*!^TS\"6^9MF2OQ;\(
M%DW.%0,L8,SL6$21<O(K?+7^Z0+ZS YNK<9)89FB7*N2RL SJ2KJ0R,!M="K
MH61E8_X%MC'>75Y9V&G6MU>W][?16UK96D<[7&HW-S=!+.Q@M[(K=WDDUY'
ML'E-Y_VADBA0ND9/L$_[-7[2,4TD?_#/?QLB,9V/&/A9\0$"2( LB@'29"0)
M V'+$R??(4MM !_NY_;[+_GZMO\ P(@_^.4?;[+_ )^K;_P(@_\ CE?X0W_#
M-O[2/_1OWQL_\-=X_P#_ )34?\,V_M(_]&_?&S_PUWC_ /\ E-0!_N3?&W4+
M27X,?&)(YHI/+^%_C]96CF@D6)F\):D8UE*2L8VF\P"%7"M(0<#!0M_@YW22
M1W=Q'+&\4J7<ZRQ2J4EBD65 \4J'E9(W!21>SJ0"1R?:F_9Q_:(C@DGN_@-\
M9K:"U@:>2:Y^&'CM88HXFEW3/<R:*J64$+3)+<M)-%$L:F=F)VH_B#MND#9X
M+C8"YDVQ@0B)-Q9CB.,*@4L2@78<%2  ?[?'_!*O_E&-_P $[_\ LR+]EG_U
M2/@FOXD/^#WS_DXS]A/_ +(G\5O_ %.=%K^V_P#X)5_\HQO^"=__ &9%^RS_
M .J1\$U_$A_P>^?\G&?L)_\ 9$_BM_ZG.BT >A_\&/4OD^+?^"C@8XCE\._L
ML2)AY4W26VL_'Z*[QO18G6WM[VUFO/*D(BB:S>0%GQ'_ *!\-[9-'N-U9L2\
MN6%Q;$$B5P?^6]QCD=#*2.A6,CRT_P %WP9\-_B/\0UOX_ /@?QGX[72E@_M
M>#PCX6U_Q4VCK?'4%T^2^@T2SOA:&Z\C4FT][A8M\L5VR[0ID;MI?V;OVE&D
M8O\ L_\ QN+$+DO\,/'[MPH !;^QNBC"A3DH $/*F@#_ '<?M=E_S\VG_@1;
M?XT?:[+_ )^;3_P(MO\ &O\ "*_X9M_:1_Z-^^-G_AKO'_\ \IJ/^&;?VD?^
MC?OC9_X:[Q__ /*:@#_=NFNK) )I)XTB9DAADCO!%YEU--"J6J 31)-+<RK;
M06R1;WDE>2W^5I2LFC NR)%P!C. JNBJ"Q*JJ.S,BJ"%5<@* %5(U 1?\8K_
M ()-? #X^:'_ ,%/?^">FM:W\$OC!H>C:9^VG^R_=ZUJM[\/O&VDZ=I^E6_Q
MI\*76HZGK%[?Z&UBFF6NG6UXMZ;N:WM_LP.]MJS&O]G*T01V\2 $!5( (@!X
M8\L+94MPS?>81*$#$@=,D L4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %?/_ (F_:9^
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M&>3EO^$:7(R3M 4!5PHX4&@#_9MVI_L_DG_Q-&U/]G\D_P#B:_QD/^'_ /\
M\%EO^D@_QY_\#_#7_P SE'_#_P#_ ."RW_20?X\_^!_AK_YG* /]F:=4?=&7
M*JP5%8/$F)'68Q^1M <W"/M<!FC50RRH^Y&%3P >4I#*P8NY9"2I,CL[%29)
M>-S'I(P'1<+A1_C.Q?\ !?S_ (+*[5D/_!0/X[,VQQ$\DWAAPC)+&TIC)\-.
MLA$+,9&E"JD9*;ON@_ZLW_!*7XF>//C-_P $U_V'?BO\4/$>K>+_ (B?$/\
M9G^%'BWQIXHUUD?5]>\1:UX6L+S5-3OVCLM.C::ZN9'DW):1J4*D/./](E /
MT"HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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ME1:AKM_JFKW45E:1QP1R7U_<2[$50R1JD:>GT4 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4455FO
M(X6*NK'!"Y!BQN*J^/FD4KA3N)<*H R2 4W.V[Z)7;;222ZMMI)?,4I*.KOK
MHDHRDV[-V481G)NR;TBRU16?#J5O/GR@\A"[R(V@D 4.$;,D<SQ H<ED,F_:
MK%5;'-R*02H'"LH)88< -\K%<D D8.,KSRI!XSBCE=E*WNNS333335TU:3NF
MMGMYDJI!S5.\HS<7-0G3JTY\J:3;C5I4I))M+5)ZZ)[J2LVX:!7E#E]VY' 5
M2S2.L+-Y<07+22B*-I/+C5GVC(4C%:5?$?\ P4)U3XWZ-^R+\=M3_9S@U5_B
M_9>%$?PL^AV$M[KBQR7$$.NS: BJ?+UR'P]+JITV]@$DEM>"V+JBH)(^+,,3
M3P6"Q..J4ZM:."I3Q/LJ%W4J.DF^6,4TY75]-NKV/8R'*:F?Y]D>0T<5A<!B
M,[S; 93ALPQU2-' X"MF&)HX2.+QE:;C"CAJ*KN56I*48J.[2=S[(6:*X>+"
MR?+)MW*&948)YF9>FS@;&)Y60^6RAPP6Y:D-!&RJR!MS%'V[T9G8NC[6==R,
M2K;79<@X9AR?XZO^"#GQ5_:^\9_M.^+M,\5^+OC%XR^#*>#/$\OQ&N?B#JNL
M^)O#>D>-UN=,>TM++7-2M(+.R\4->2:B^J6<5P(5C:Y5Y5F66WB_L8@+&,%E
MVDL_RXQ@>8V.,#MCD<'J"0<UXW"_$=#BK 2S2E@<7@'"K/"NCBDXMJ,FW.*>
MDDVM[)K5:]/U'Q[\%LP\ O$*MX=YIQ7P[QGB\/E.6YM3SGA?%T,;EL*.:8:&
M)>$J5</6KTX8JG*2YZ?M.;E49M)21+7S9^U>WCFY_9X^.]E\+6O8OB5+\(_B
M3#X%:P ^W7'BU/!6H7&@V6GLQ58[N^U&6V@MIQ)&R7BVP)*$O%])UF75K<S2
M2%/LX0QL(VDR[K(T84'RVB9%$;HC@[F+9<$+D5[V)I4J]&>'JQK.->,Z4:E%
M\LJ$YTZD8UI/FC[D7*SOS7;2MKS1_)<OQV(RO,,NS7"T\+5KY5F669K"CC:*
MQ.%Q"RS,L#F-3"U<+)..(CC*6"G@U3DU%/$>T;:@XR_RJ[O[3(TR3";[1$=0
MGO8;NWNI[R&:*98IVU06\Q:V>UU"._BU76#YT%O?":+SI&5B/WH_X-YCXM/[
M;?C*?19-9?PJGP+\4CQ?&L\_]BI9WGBOP?+X1NM1C*FTFU*)X=8MM#NY;AKN
M729]6FBQ"MN+G]TOVC/^"%'['O[0OQ(U#XG+-X[^$>LZU)+>:]I?PMU7PY9>
M'=6UFY,7GZX-)\3>$/$D&E:DBHR)_8_V&PG;-S=6$E[-/<O]S_LF?L/? G]B
M[P8_@OX)>&/[+CU&ZAO?%?B?5[^;5_%?C.\MTO5@N?$.I7$($GE/>RSPVMFE
MII]J[-#96EK:D0+^"<.>%.?Y5Q3/'5\V@\MHYG_:=.K&3=:NH^T4,+*5N9QD
MJEYQEI>*U;LU_KI]('Z?WA#XC^ O%/!'#7"_%M;BKQ!R7)LMQN29Y@<(^'^"
M\12I8..(Q66X^G4=3'3P3P52&7JG2H0P6'QU3#J+49-_6D D&U2NP"(*5X(5
MDRJ[< ?*<#:=H)0C*J<@3[@JD,/GW $GUQQQ[+@<>_3'$<<%RHA#R(Q5\RMD
MYD48P<"-5W-RS#  +$ D<TL-M*J_O61F\TN2I8_+DX'S*.<8SVZ\U_0VDYRF
MY<JB^51_GLY>_P!VGTOK:US_ !\44JD(<O-3HQI8=S:O&M"-&4_:+NE4IP@[
MI/FFE;=JM<VK7*20R8,,L;1R8DR5& ZR",I@OO+"1#)M:-$.[)91_*?^WS_P
M01\8^)?'GB'XO_L=3>%O[)\37]]K/B+X-:WJ,NA)I^K:H([G4F\$ZI/ITUC=
M6UYK$FH:BUMJ=_I"6#79M+53;PQK'_5N;>ZPFUXLB5G;+ORAVX _=G)X.0<#
MGJ>,"V^Q)8Q\K#=B153=AV+8!=75N& (9, YQGJ?!XAX9R;B3!O"YC055N:E
M3JTU:I1FHSI^U;=FERRMN[KEO&Z37ZSX-^.7B9X%\0U.)?#[.*66SS3"SH9[
ME>/P.'S++<PPM+%4*U'!X_"5TW&$ITE4AB,%.ECJ5ZD*->%.O6IS_A9^$G_!
M!']N;Q[XMT_2?B'I/A3X-^%@8_[6\8:[XHT'Q1>V%@LP:>30O#WAR37$U?6_
M*W0VL6JS:7;1Q*A:Z7;7]?W[(?[*?PX_8]^"GAWX-_#*WN&T_29M3U+5=9U!
M!%JWB;Q%JUXMSJ6N:K@2!9KQ8X[**-6D6STNUL;6#<D*A?J.&U\LDL0V1CR_
M*MP9%(YW[(8VSR> Q'3.<X$J28# *$$8RQ8@L!U&0':0=@,JHQCMBO%X6X%X
M?X4J5JF7TJF+Q=2#@\34]]QI2G&;I1<E%KFG&%TOBY4G=*Q]QXZ_2N\8OI X
M;!9-Q=FN0Y1PUA\13Q]/A?A?**F5Y96S*A0K8:GF%6ICJ^,S3$XJ%#$8B-.A
M+&2PT'B*M6GAE4M.$HC(*>B*2.H&1G\<YXSV[=A4L (B4-UR^<^[L1^G_P!;
MBJL5VLSMY;@A025!&3CKU)4 9_B(&!G-689=\88CNW(9&! =@,%68' &#@G!
MX/(-?;5+JTZB<&DDXR335[RU6OF[['\VQ3O!2C*G[*#I0ISBX2G'W6ZBA)1F
MX^ZES."C>5KW:O/6));$WUU(904D,3-%Y2N0$AC4IOFW*B/M+,8P@^8?*7!9
MM43J7*;'!'<@8/TPQ/Z57VAY)9-A ( .3RV%5?\ 5E=I''0OR,'@\41<U";A
MR6G!QDZBYHN+:NK=W;ML)RYXMTXT:L(2M6]I3HU'"-G=THXBG)1JIV491CS*
M+DE*S:=*,,)Y9%<.&4)'$)K=Q%T V 1),<D;BKRNH).U5 %7([8M&2Y)=SAF
M(\J4JK<1LZ9(7C@($X/(+,S,+#&A#")0QY&U1G.<?-G*C//8XS44E\(6E4V]
MS(\(0A(EC=I@XX$(:2/=C!5F<1QJRD%N,UE3A2II*G3H4U)_Q*<(Q<IMVY7R
MP5DW>[;4;I7?5*'-3=.-*IB9QKSY(4\1&AS.=G.\9TTG"$8QD[5)TZ45O)-1
M1H*-B[78-RV,+M 0L2B8!/\ JT*IN_B*[L G >,8&.G;_)KSOQI\4O 'PY\.
M77C#XB^+?#?P^\+Z?D:GKWC;Q'X?\,:1I@ 1@U]J6KZI:V4.]9%,:>>TK@@K
M&05W?&NH?\%7O^">.D7D6GWW[5'PS,TKA(Y]-O;_ %W37WX9)/[7T"PU32U@
M965A</>+#@Y+C!QRXS,LOR_3&X["8:TK6JXBDGS:_9C*H^CUM;3<^IR3@OC#
MB6-:MPYPCQ1Q!3H3]G7KY%PYGN<T*<K7:>)RO*,?AFHZ*I.&)J0IR<85:E*<
MX0G^A]%?/WPG_:K_ &<?CK)=0_!WXU?#;XCW%E!]IO+/PEXR\/ZQ?VEMG:;F
MZTZUU![^U@#?(TMQ;1(L@*,0XQ7N2Z@CLPCM[J0*_EAQ$JJQP267S)$;R^,"
M1E5'RK1LZ,'.^&Q%#&TO;X2M2Q%%J_M:52$X6[WYD_ERW\CR<SRW,<EQKR[.
M,OQV59@G-2P.98/%8#%Q<(2J34\/C,/AJL.6$92]^$+VY8N4K0=^BJT-R)H_
M,$4R E@%D50QVG&0%=@03G!!YP?;-@'(S@CDC!Z\$C]<9'M6J::NFFKM73ZK
M?^M5YG!"<:D8R@[QE%3B[25XRO9VE&$E>ST<4UU2NKK1113*"BBB@ HHHH *
M*** "BBJD][! P5O,D8R"-A#&\HC<^4=DSH#'#(4FC>.&5DFN0ZI:1SS.D;
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MOMD2ZL8+N9K4;MSQ@'^QVC;E#%60D<HX 93W5MI920<C*LR-U1F4ABZOCO\
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M8U9V1/,((*AF48RQ8*"1(CI(NZ-E=<LNY2&7*,489&1E64J?0@CJ*_QAHO\
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M;ZM8:-K^F>(=&T?]48Y%E0.H8 YX92IX)4]>&4D$JZEHY%P\;/&RL0!]1F4
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M&_B5K;Z[KD6KVJZZGBK4[:&ZN;VYTW2F671X(T%]+%J=];7E]$B6DEC<7/\
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MD#;HE?##>7?YG\S(=V8%'SS$P.Z$$(RQ%%:.-@8U /\ ,Z_X/8O^4B/[+O\
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MM*<ZL)2I5.6I**BV^BBBOKC^<@HHHH **** "HC* ^P)(S'.-L;%?E$9;,I
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M&;:'VB5/L\RJN_\ MF_8D_:+;]KK]D/]F_\ :@?PQ_PA;_'KX.^!OBDWA/\
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MUXCCBBDBM+A!<W-SX-U\6%S?>$=;%IJ%M'?6DVHZ=J']9O\ P<F?M]_L[?\
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MR#M_P:&_\%BG._\ X1G]G<EPKDM\=-+1LNH9LK_8?J3@\;AAL#.*;_Q"%_\
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M.2H&5!S4^&#(5X4$E@>22?F)&T,.6))Y'XTNR=RQ_=[&! #9WXY !^0\'O\
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M:Q<V,OB#4?[ZZ* /XE/^"2'_  :V_M*_\$Y_^"A'[/W[9'CK]ICX'?$7PO\
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M'65Y5(J*3NY4U5<TTTG:/L:K=U9\C<>=6<G27:+,8BDA9>&<J=@.W<><'A0
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M(M*F\.^&_C%I=AY5S+X<UF_E-O< ']OZL'4,,X.<9!!X..5/*GCE6 93PP#
M@.KD_!GC3PQX_P#"'A;QWX(UW3/&7@WQGX>TOQ5X6\5>'+VRU/0M?\/Z[:6V
MHZ+JND7UI<26]YI^IV%W%=V%S;R3V[VHWO<DE'EZ5KB-3@D9R0061,8."?WC
MIN4$$97=R".HH GHJ$SH!D!V^0R#"$*R@[>)7V0@GJH:12R_, 5YH6=& 90Y
M5F90P0XW+*L/(/S8+L2K[2C(C2!O+VLP!-14)G08YZR&,<I\S*65@OS?,RLC
M QKF4$$;*$G23<4#.%9TW( RET=D9 ZDJ2&4JW($; I(4=64 $U%5UN49F50
MYVEDS@ -*F-\4>6!D,9;;(Z!H8W5T>57CD5)U8,,C< &9?F5E.48J>& )4D$
MJP&UUPZ%D96( M%0/<1HSH3ED"G:A5W8L&;8L2L92RHN\@H 48%2V&"RHZ2
MLC*X#.A*L& >-VCD0E21NCD5D=<Y5U96 ((H =1143S(A=6R"B+(Q.U5",Q7
M)=F5%P0QPS*2%)4-@X ):*A\]<L-K_*%8DA5!0RM&S@NR@I&%,CD?\LF1D#E
MU4L:Z12!Y<K[F*#RU$GSX5HU.QB5$R-YB2L%A1%8SR0G (!9HJ!;B)AE6#8=
M4?:R-Y9=!(IDVL0@*,K DX971DW*ZL7&49VA'+?/@;=I8(5#,"Y4;0S!021N
M^\H*$,0"6BD5@RJPSAE##/!P1D9'8X-+0 4444 %%%% !1110 4444 %%%%
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M3? 'A#QWI5I+(MS=6-KXQT2S\06]G/,&\IS9)?"T8PL+<&$BUABMQ$B_,O\
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M5_ VOP>#[N3R_LD2>)?B+_P@6A-J$Y>32FUFUO\ 3I8+Z F@#]M-2_X+;_\
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M&6;;'C9C.'7]YG!P#TBM[&>*-$80((FD,8CEED($NYFRSQ(<K(Q*?+PIVDG
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M\CZ+X/\  ^J^(?%FOF=_W4"Z)HM^9)"%X!!K^4W]NK_@K/\ M2?\%^/%L_\
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MA68.I21$=,;71&!4?B=_P2E^*7@SPA_P=1?\%>OAWXB%G9>)OBUI'Q3T_P
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MO<)%=6[1&&ZA@N4EA3^0G1+7X\?\'3W_  4$^&/Q4U_X8^+?A#_P1_\ V/\
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M86,!0Q W%G#''8Z*QE1M 7;C&,GD^_'3Z>GY1-;ET(94)W;MH9E0XX&2%ST
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MVJ "S@L]8T:U\3Z'JMQ';K&DTMP= LC(NVWM;6$);1?'[?\ !"O_ (*("_\
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MJNCXR#R.!CON7MT"@9SWSF@(5$A"/$%&-J[%5QD#.XJJ@C/0;1Q@')Y.BJ2
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M'+'<P4-@L2%^157" A <9(4%BS$L7444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
64444 %%%% !1110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>aren-20230316.xsd
<DESCRIPTION>XBRL SCHEMA FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.17c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: 96Mps7xRiXgen8uDanwsWaeNCbP9z5Z8WekhvWB3bWnKry0sJC2Okytxweo2QRQM -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:us-gaap="http://fasb.org/srt-sup/2022q3" xmlns:srt="http://fasb.org/srt/2022" xmlns:srt-types="http://fasb.org/srt-types/2022" xmlns:AREN="http://thearenagroup.net/20230316" elementFormDefault="qualified" targetNamespace="http://thearenagroup.net/20230316">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://thearenagroup.net/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="aren-20230316_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="aren-20230316_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd" />
    <import namespace="http://fasb.org/us-gaap/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd" />
    <import namespace="http://fasb.org/us-gaap-sup/2022q3" schemaLocation="https://xbrl.fasb.org/us-gaap/2022q3/us-gaap-sup-2022q3.xsd" />
    <import namespace="http://fasb.org/srt-sup/2022q3" schemaLocation="https://xbrl.fasb.org/srt/2022q3/srt-sup-2022q3.xsd" />
    <import namespace="http://fasb.org/us-types/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2022" schemaLocation="https://xbrl.sec.gov/country/2022/country-2022.xsd" />
    <import namespace="http://fasb.org/srt/2022" schemaLocation="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd" />
    <import namespace="http://fasb.org/srt-types/2022" schemaLocation="https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>aren-20230316_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.17c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>aren-20230316_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.17c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://thearenagroup.net/role/Cover" xlink:href="aren-20230316.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://thearenagroup.net/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140159376119296">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Mar. 16, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Mar. 16,  2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-12471<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">THE
ARENA GROUP HOLDINGS, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000894871<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">68-0232575<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">200
VESEY STREET,<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">24TH FLOOR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">NEW
    YORK<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10281<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">212<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">321-5002<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common
    Stock, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AREN<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSEAMER<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>form8-k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="aren-20230316.xsd" xlink:type="simple"/>
    <context id="From2023-03-16to2023-03-16">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000894871</identifier>
        </entity>
        <period>
            <startDate>2023-03-16</startDate>
            <endDate>2023-03-16</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2023-03-16to2023-03-16">0000894871</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2023-03-16to2023-03-16">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2023-03-16to2023-03-16">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2023-03-16to2023-03-16">2023-03-16</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2023-03-16to2023-03-16">THE ARENA GROUP HOLDINGS, INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2023-03-16to2023-03-16">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2023-03-16to2023-03-16">001-12471</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2023-03-16to2023-03-16">68-0232575</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2023-03-16to2023-03-16">200 VESEY STREET,</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="From2023-03-16to2023-03-16">24TH FLOOR</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="From2023-03-16to2023-03-16">NEW     YORK</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2023-03-16to2023-03-16">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2023-03-16to2023-03-16">10281</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2023-03-16to2023-03-16">212</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2023-03-16to2023-03-16">321-5002</dei:LocalPhoneNumber>
    <dei:Security12bTitle contextRef="From2023-03-16to2023-03-16">Common     Stock, par value $0.01 per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2023-03-16to2023-03-16">AREN</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2023-03-16to2023-03-16">NYSEAMER</dei:SecurityExchangeName>
    <dei:WrittenCommunications contextRef="From2023-03-16to2023-03-16">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2023-03-16to2023-03-16">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2023-03-16to2023-03-16">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2023-03-16to2023-03-16">false</dei:PreCommencementIssuerTenderOffer>
    <dei:EntityEmergingGrowthCompany contextRef="From2023-03-16to2023-03-16">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>9
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M<F]P<R]A<' N>&UL4$L! A0#%     @ N8!P5B&)C"CN    *P(  !$
M         ( !KP   &1O8U!R;W!S+V-O<F4N>&UL4$L! A0#%     @ N8!P
M5IE<G",0!@  G"<  !,              ( !S $  'AL+W1H96UE+W1H96UE
M,2YX;6Q02P$"% ,4    " "Y@'!6[Y,K&6X$   O$0  &
M@($-"   >&PO=V]R:W-H965T<R]S:&5E=#$N>&UL4$L! A0#%     @ N8!P
M5I^@&_"Q @  X@P   T              ( !L0P  'AL+W-T>6QE<RYX;6Q0
M2P$"% ,4    " "Y@'!6EXJ[',     3 @  "P              @ &-#P
M7W)E;',O+G)E;'-02P$"% ,4    " "Y@'!6JL0B%C,!   B @  #P
M        @ %V$   >&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ N8!P5B0>
MFZ*M    ^ $  !H              ( !UA$  'AL+U]R96QS+W=O<FMB;V]K
M+GAM;"YR96QS4$L! A0#%     @ N8!P5F60>9(9 0  SP,  !,
M     ( !NQ(  %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&      D "0 ^ @
&!10

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.22.4</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>23</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="form8-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://thearenagroup.net/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="form8-k.htm">form8-k.htm</File>
    <File>aren-20230316.xsd</File>
    <File>aren-20230316_lab.xml</File>
    <File>aren-20230316_pre.xml</File>
    <File>ex99-1.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="23">http://xbrl.sec.gov/dei/2022</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>14
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "form8-k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2022": 23
   },
   "contextCount": 1,
   "dts": {
    "inline": {
     "local": [
      "form8-k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "aren-20230316_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "aren-20230316_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "aren-20230316.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-roles-2022.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd",
      "https://xbrl.fasb.org/srt/2022q3/srt-sup-2022q3.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-roles-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022q3/us-gaap-sup-2022q3.xsd",
      "https://xbrl.sec.gov/country/2022/country-2022.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022.xsd"
     ]
    }
   },
   "elementCount": 59,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2022": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 23,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "AREN",
   "nsuri": "http://thearenagroup.net/20230316",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "form8-k.htm",
      "contextRef": "From2023-03-16to2023-03-16",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "menuCat": "Cover",
     "order": "1",
     "role": "http://thearenagroup.net/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "form8-k.htm",
      "contextRef": "From2023-03-16to2023-03-16",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r11",
      "r13",
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "trueItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://thearenagroup.net/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r10": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r11": {
   "Name": "Form 10-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "310",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r12": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r13": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r14": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r15": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r16": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r19": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r9": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  }
 },
 "version": "2.2"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001493152-23-007902-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001493152-23-007902-xbrl.zip
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M^\%"-&A:Z=!(:>%$+( !933QF#61A[!IF=BDJ(<)I>&L@@L2L83@FITFXTB
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M&PA()??+R))CFB5R .N%I"UU?KH!F&V=>ABZH#@!S,&G))7>+RF+1Y*F\GX
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M][A5%$3O=SDS22BUJ"EVC,6"I4F4Y E=_R)./GF";:VRB5P! 1O4-+050:
MVC(Y. B15CJ&X(X3"2$1'5&\!"@3"_';AP?K;-\E=@5%OV$-!ZP, I)>>R8L
M(F <U2*0"D%%C%]LYEFV)?Q-\%A"/"$$F@= :NE#Q DRV0N5"O3)UH)$6S$_
M[H^GJV62I[:3R[;$V9P$F*MF)*,\"#8 4R8+11EB#^AX^I?57Y&.<MS]-VS)
ML4P>N]AO5BP%LD]95:X@Z+"H.;!(@D !]F72<,-0*45*ZR,[5<.LI3E&N2L
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M:?-M2ILV((0Z#8+O3U8Q,E4,UDQY2QG#9V*IM68=3XD;*O>)8UH6V[EC*DE
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M28BJ=%;,P=VE3_]:MQPZ=E,(2CTE*/$"; OD0?PO?^68\,. CA(_<("X\7(
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M< _G/G $5<LGX^Y+G(YW9MJ;*)TRD@?CA[/O?:%:=0P\O&->J,X,U(=KM_O
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M@<>H0-.U;4Y(J)=&N@U%N10-[,!;(+R ^2DB9=$Q4I7F#//CX!V<:CG1N6Y
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MD'=5/ZT^%XK<G][;5G2_CT"3E;Q>\;2.X$A1B])02A_"NG.QL-5)NN5%/^Z
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MW#+F%0%!1)0<UZ%UP'A=(*K@[%\7SL"?NZ%MTD1..!D=6U&O8=&M9=MP$ ;
M#]N8A8392Z IU_1[&1KGC'['O/'AS/!1V9_:>/;WC0G\K$CNYIT9EVL\T61
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MSHE#7_)1I:8)T+B:,<=J'EIA4?UR^)RG:S!SA7>4<F?\U'IIVYUT>,L6+@(
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M@,Z*#?W'!1TY&G2JCN,2^Z?08W_K.[>GCYT.]R>_'_3,4/>A 2A-XID=]74
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M)2^+U!]9?3TA\6@92\I&2OX06>+6K-43DU*7$O_=:./]X[JX==Q>KELJMMB
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M,#(S,#,Q-BYX<V102P$"% ,4    " "Y@'!6&:M):/X*  " A@  %0
M        @ &# P  87)E;BTR,#(S,#,Q-E]L86(N>&UL4$L! A0#%     @
MN8!P5E4ZD!=;!P  WU<  !4              ( !M X  &%R96XM,C R,S S
M,39?<')E+GAM;%!+ 0(4 Q0    ( +F <%9.Y:*9,4D  #AL P *
M      "  4(6  !E>#DY+3$N:'1M4$L! A0#%     @ N8!P5GF($A;^$@
M%)@   L              ( !FU\  &9O<FTX+6LN:'1M4$L%!@     %  4
*-@$  ,)R      $!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
