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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment

The following tables summarize key financial information by segment:

 

   Sports & Leisure   Finance   Lifestyle   Platform   Total 
   For the Year Ended December 31, 2024 
   Sports & Leisure   Finance   Lifestyle   Platform   Total 
Digital advertising  $37,996   $14,475   $29,462   $11,075      
Digital subscriptions   -    7,760    -    40      
Publisher Revenue   2,982    1,140    2,994    798      
Performance Marketing   156    4,207    6,564    -    10,927 
Other digital revenue   609    152    478    3,946      
Total digital revenue   41,743    27,734    39,498    15,859      
Print revenue   706    -    367    -      
Total   42,449    27,734    39,865    15,859   $125,907 
                          
Less: (1)                         
External Cost of Content    10,594    163    1,419    8,072      
Internal Cost of Content    7,184    6,847    10,015    36      
Technology costs    4,206    2,376    3,002    1,361      
Print, distribution and fulfillment costs    311    -    579    -      
Other segment items    65    -    194    -      
Segment gross profit   $20,089   $18,348   $24,656   $6,390    69,483 

 

      
Reconciliation of Segment Gross Profit to Net Income (Loss) Before Income Taxes:     
Unallocated cost of revenue amounts:     
Internal cost of content   2,021 
Technology costs   5,756 
Amortization of developed technology and platform development   5,988 
Selling and marketing   12,548 
General and administrative   30,399 
Depreciation and amortization   3,704 
Interest expense, net   14,668 
Loss on impairment of assets   1,198 
Change in valuation of contingent consideration   313 
Liquidated damages   306 
Net income (loss) before income taxes  $(7,418)

 

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

 

 

   Sports & Leisure   Finance   Lifestyle   Platform   Total 
   For the Year Ended December 31, 2023 
   Sports & Leisure   Finance   Lifestyle   Platform   Total 
Digital advertising  $51,434   $15,415   $30,324   $9,109      
Digital subscriptions   -    11,925    -    31      
Publisher Revenue   5,565    1,278    2,987    1,111      
Performance Marketing   998    992    1,413    46    3,449 
Other digital revenue   127    28    465    875      
Total digital revenue   58,124    29,638    35,189    11,172      
Print revenue   7,860    -    1,647    -      
Total   65,984    29,638    36,836    11,172   $143,630 
                          
Less: (1)                         
External Cost of Content    18,381    259    1,853    6,600      
Internal Cost of Content    7,882    6,690    9,561    36      
Technology costs    3,339    5,620    2,478    2,503      
Print, distribution and fulfillment costs    3,050    -    552    -      
Other segment items    6    5    362    -      
Segment gross profit   $33,326   $17,064   $22,030   $2,033    74,453 

 

      
Reconciliation of Segment Gross Profit to Net Income (Loss) Before Income Taxes:     
Unallocated cost of revenue amounts:     
Internal cost of content   2,962 
Technology costs   7,436 
Amortization of developed technology and platform development   8,782 
Selling and marketing   24,263 
General and administrative   43,783 
Depreciation and amortization   4,243 
Interest expense, net   17,965 
Loss on impairment of assets   119 
Change in valuation of contingent consideration   1,010 
Liquidated damages   583 
Loss on sale assets   325 
Net income (loss) before income taxes  $(37,018) 

 

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.