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Revenues (Tables)

9 Months Ended

Sep. 30, 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								Nine-Month Period
		Ended September 30,								Ended September 30,
		2025				2024				2025				2024
Digital advertising		$	85,200			$	45,871			$	205,248			$	125,161
Broadcast advertising			25,496				39,998				76,237				97,692
Spectrum usage rights			1,308				1,707				4,875				5,092
Retransmission consent			7,380				8,031				23,164				26,011
Other			1,246				1,549				3,692				4,030
Total revenue		$	120,630			$	97,156			$	313,216			$	257,986

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

		Three-Month Period								Nine-Month Period
		Ended September 30,								Ended September 30,
		2025				2024				2025				2024
Local direct		$	4,712			$	5,042			$	14,401			$	15,186
Local agency			11,820				13,387				34,360				39,414
National agency			8,964				21,569				27,476				43,092
Total revenue		$	25,496			$	39,998			$	76,237			$	97,692

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								Nine-Month Period
		Ended September 30,								Ended September 30,
		2025				2024				2025				2024
United States		$	68,694			$	73,939			$	191,863			$	192,207
Rest of the World (1)			51,936				23,217				121,353				65,779
Total revenue		$	120,630			$	97,156			$	313,216			$	257,986

(1)Primarily Europe

Summary of Deferred Revenue

(in thousands)	December 31, 2024			Increase		Decrease			September 30, 2025
Deferred revenue	$	1,801		2,379		(1,801)			$	2,379

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Summary of deferred revenue.

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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