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Revenues (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue by Major Source, Sales Channel and by Geographical Region Based on Location of Sales Office

The following table presents our revenues disaggregated by major source (in thousands):

 

 

Three-Month Period

 

 

 

Ended March 31,

 

 

 

2025

 

 

2024

 

Digital advertising

 

$

56,793

 

 

$

38,223

 

Broadcast advertising

 

 

24,097

 

 

 

27,836

 

Spectrum usage rights

 

 

1,786

 

 

 

1,760

 

Retransmission consent

 

 

8,076

 

 

 

9,155

 

Other

 

 

1,099

 

 

 

1,202

 

Total revenue

 

$

91,851

 

 

$

78,176

 

The following table further disaggregates the Company’s broadcast advertising revenue by sales channel (in thousands):

 

 

Three-Month Period

 

 

 

Ended March 31,

 

 

 

2025

 

 

2024

 

Local direct

 

$

4,810

 

 

$

5,034

 

Local agency

 

 

10,539

 

 

 

12,903

 

National agency

 

 

8,748

 

 

 

9,899

 

Total revenue

 

$

24,097

 

 

$

27,836

 

 

The following table further disaggregates the Company’s revenue by geographical region, based on the location of the sales office (in thousands):

 

 

Three-Month Period

 

 

 

Ended March 31,

 

 

 

2025

 

 

2024

 

United States

 

$

58,535

 

 

$

57,249

 

Rest of the World (1)

 

 

33,316

 

 

 

20,927

 

Total revenue

 

$

91,851

 

 

$

78,176

 

(1)
Primarily Europe
Summary of Deferred Revenue

(in thousands)

December 31, 2024

 

Increase

 

Decrease

 

 

March 31, 2025

 

Deferred revenue

$

1,801

 

1,983

 

(1,801)

 

 

$

1,983