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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Separate Financial Data for Each of Company's Operating Segment

The accounting policies applied to determine the segment information are generally the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates the performance of its operating segments based on separate financial data for each operating segment as provided below (in thousands):

		Three-Month Period
		Ended March 31,								%
		2025				2024				Change
Net revenue
Media		$	40,977			$	45,766				(10	)%
Advertising Technology & Services			50,874				32,410				57	%
Consolidated			91,851				78,176				17	%
Cost of revenue
Media			3,266				2,878				13	%
Advertising Technology & Services			30,206				19,780				53	%
Consolidated			33,472				22,658				48	%
Direct operating expenses
Media			26,550				26,623				(0	)%
Advertising Technology & Services			8,952				5,178				73	%
Consolidated			35,502				31,801				12	%
Selling, general and administrative expenses
Media			10,805				9,977				8	%
Advertising Technology & Services			4,701				4,357				8	%
Consolidated			15,506				14,334				8	%
Depreciation and amortization
Media			2,970				3,287				(10	)%
Advertising Technology & Services			507				1,452				(65	)%
Consolidated			3,477				4,739				(27	)%
Segment operating profit (loss)
Media			(2,614	)			3,001			*
Advertising Technology & Services			6,508				1,643				296	%
Consolidated			3,894				4,644				(16	)%
Corporate expenses			7,788				12,248				(36	)%
Change in fair value of contingent consideration			-				(220	)			(100	)%
Impairment charge			23,673				-			*
Loss on lease abandonment			25,191				-			*
Foreign currency (gain) loss			12				265				(95	)%
Operating income (loss)			(52,770	)			(7,649	)			590	%
Interest expense		$	(3,663	)		$	(4,443	)			(18	)%
Interest income			605				578				5	%
Dividend income			-				10				(100	)%
Realized gain (loss) on marketable securities			1				(113	)		*
Gain (loss) on debt extinguishment			-				(40	)			(100	)%
Income (loss) before income taxes			(55,827	)			(11,657	)			379	%
Capital expenditures
Media		$	2,360			$	1,994
Advertising Technology & Services			24				76
Consolidated		$	2,384			$	2,070

* Percentage not meaningful.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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