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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Liabilities

The following table summarizes our contract assets and certain contract liabilities (in thousands):

			March 31, 2025						December 31, 2024						December 31, 2023
Accounts receivable			$	4,157					$	7,271					$	7,496
Contract Balances:
Contract assets, current portion			$	1,783					$	1,531					$	1,547
Contract assets, net of current portion			8,044						7,848						8,716
Contract liabilities, current portion			(6,188)						(9,693)						(9,205)
Contract liabilities, net of current portion			(3,781)						(5,762)						(4,641)
Contract liabilities, net			$	(142)					$	(6,076)					$	(3,583)

The following tables provide a roll-forward of our netted contract assets and contract liabilities (in thousands):

			Contract Liabilities, Net
Balance at December 31, 2024			$	(6,076)
Revenues recognized that were included in gross contract liabilities at December 31, 2024			8,683
Contract assets reclassified to accounts receivable in the first quarter of 2025			(2,242)
Cash received in advance since prior year and remained in net contract liabilities at period-end			(557)
Contract terminations in 2025			50
Balance at March 31, 2025			$	(142)

			Contract Liabilities, Net
Balance at December 31, 2023			$	(3,583)
Revenues recognized that were included in gross contract liabilities at December 31, 2023			7,186
Contract assets reclassified to accounts receivable in the first quarter of 2024			(4,019)
Cash received in advance since prior year and remained in net contract liabilities at period-end			(1,477)
Balance at March 31, 2024			$	(1,893)

Schedule of Revenue from External Customers by Products and Services

The following table disaggregates revenue by type (in thousands):

			Three Months Ended March 31, 2025
			Direct-to-Consumer						Licensing						Corporate						All Other						Total
Consumer products			$	16,331					$	—					$	—					$	—					$	16,331
Trademark licensing			—						11,385						—						—						11,385
Digital subscriptions and products			—						—						—						846						846
Events and sponsorships			—						—						313						—						313
Total revenues			$	16,331					$	11,385					$	313					$	846					$	28,875

			Three Months Ended March 31, 2024
			Direct-to-Consumer						Licensing						Corporate						All Other						Total
Consumer products			$	18,740					$	—					$	—					$	—					$	18,740
Trademark licensing			—						4,147						—						—						4,147
Digital subscriptions and products			—						—						—						3,742						3,742
TV and cable programming			—						—						—						1,690						1,690
Total revenues			$	18,740					$	4,147					$	—					$	5,432					$	28,319

The following table disaggregates revenue by point in time versus over time (in thousands):

			Three Months Ended March 31,
			2025						2024
Point in time			$	16,706					$	20,288
Over time			12,169						8,031
Total revenues			$	28,875					$	28,319

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

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

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- References

No definition available.

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X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

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