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Other Current Liabilities and Accrued Expenses
 3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
Other Current Liabilities and Accrued Expenses Other Current Liabilities and Accrued Expenses
Other current liabilities and accrued expenses consisted of the following (in thousands):
March 31,
2025		December 31,
2024
Taxes$7,626 $8,101 
Accrued interest3,592 4,016 
Accrued salaries, wages and employee benefits4,980 5,014 
Payable to Byborg3,692 — 
Accrued creator fees1,982 2,080 
Outstanding gift cards and store credits1,728 1,713 
Other6,884 7,550 
Total$30,484 $28,474 
The licensing arrangement with Byborg that was entered into during the fourth quarter of 2024 became effective January 1, 2025. There is a transition period under which we will continue to operate the licensed Playboy Plus, Playboy TV (online and linear) and Playboy Club digital businesses according to the terms of a Transition Service Agreement (the “TSA”) while Byborg works to take full operational control. The first $5.0 million of operating expenses incurred in relation to such licensed businesses is our responsibility to bear. Any operating expenses paid by us with respect to such licensed businesses above the $5.0 million threshold will be reimbursed to us by Byborg. Byborg is entitled to cash collected by us while operating the licensed businesses during the transition period and we are obligated to remit the funds to Byborg quarterly. The cash will be remitted on a net basis to Byborg, such that any operating expenses incurred beyond the $5.0 million expense threshold will be deducted from amounts we have collected for Byborg. As of March 31, 2025, the remittances payable to Byborg totaled $3.7 million, the majority of which was paid to Byborg in the second quarter of 2025. The operating expenses related to the licensed digital businesses were $3.8 million during the first quarter of 2025, and we recorded such expense in our condensed consolidated statements of operations.