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v3.25.1

Schedule of Income (Loss) from Discontinued Operations (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Operating expense |  |  |
Net income (loss) from discontinued operations |  | $ 23 | $ (90,638)
Sports Illustrated Media Business [Member] |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Revenue |  |  | 21,848
Cost of revenue | [1] | (23) | 13,981
Gross profit (loss) |  | 23 | 7,867
Operating expense |  |  |
Selling and marketing |  |  | 11,503
General and administrative | [2] |  | 45,192
Depreciation and amortization |  |  | 2,401
Loss on impairment of assets | [3] |  | 39,391
Total operating expenses |  |  | 98,487
Income (loss) from discontinued operations |  | 23 | (90,620)
Income tax provision |  |  | (18)
Net income (loss) from discontinued operations |  | $ 23 | $ (90,638)
[1] | Cost of revenue for the three months ended March 31, 2025, includes an adjustment to previously reported accounts payable that was settled for a reduced amount.
[2] | General and administrative expenses for the three months ended March 31, 2024, includes a $45,000 termination fee liability as described in Note 16.
[3] | Loss on impairment of assets for the three months ended March 31, 2024 of $39,391 includes $8,601 for the impairment of intangible assets and $30,790 for the impairment of subscription acquisition costs.

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