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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following table summarizes revenue by reportable segments:
| Successor |  |  | Predecessor
| Period from January 27, 2022 through December 31, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Year Ended December 31, 2021
Owned and Operated Advertising | $ | 556,303 |  |  |  | $ | 49,249 |  |  | $ | 652,884 |
Partner Network | 55,926 |  |  |  | 3,463 |  |  | 35,505 |
Subscription | 161,711 |  |  |  | — |  |  | — |
Total revenue | $ | 773,940 |  |  |  | $ | 52,712 |  |  | $ | 688,389 |
The following table summarizes adjusted gross profit by reportable segments:
| Successor |  |  | Predecessor
| Period from January 27, 2022 through December 31, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Year Ended December 31, 2021
Owned and Operated Advertising | $ | 138,560 |  |  |  | $ | 8,768 |  |  | $ | 143,284 |
Partner Network | 42,291 |  |  |  | 3,012 |  |  | 35,505 |
Subscription | 78,220 |  |  |  | — |  |  | — |
Adjusted gross profit | $ | 259,071 |  |  |  | $ | 11,780 |  |  | $ | 178,789 |
Other cost of revenues | 23,910 |  |  |  | 575 |  |  | 11,513 |
Salaries and benefits | 194,976 |  |  |  | 31,181 |  |  | 66,747 |
Selling, general, and administrative | 63,478 |  |  |  | 15,665 |  |  | 35,813 |
Depreciation and amortization | 118,652 |  |  |  | 1,000 |  |  | 13,885 |
Impairment of goodwill | 366,309 |  |  |  | — |  |  | — |
Interest expense | 32,050 |  |  |  | 1,049 |  |  | 16,870 |
Change in fair value of warrant liabilities | 3,751 |  |  |  | — |  |  | — |
Income (loss) before income tax | $ | (544,055) |  |  |  | $ | (37,690) |  |  | $ | 33,961 |
Schedule of Revenues Disaggregated by Geographic Region | The following table summarizes revenue by geographic region:
| Successor |  |  | Predecessor
Geographic Region | Period from January 27, 2022 through December 31, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Year Ended December 31, 2021
United States | $ | 593,527 |  |  |  | $ | 51,701 |  |  | $ | 652,622 |
United Kingdom | 162,019 |  |  |  | — |  |  | 543 |
Other countries | 18,394 |  |  |  | 1,011 |  |  | 35,224 |
Total revenue | $ | 773,940 |  |  |  | $ | 52,712 |  |  | $ | 688,389 |
Schedule of Property and Equipment, Net and Operating Lease Right-of-use Assets by Geographic Region | The following table summarizes property and equipment, net and operating lease right-of-use assets by reportable segments:
| Successor |  |  | Predecessor
| December 31, 2022 |  |  | December 31, 2021
Owned and Operated Advertising | $ | 9,646 |  |  |  | $ | 830 |
Subscription | 860 |  |  |  | — |
Total | $ | 10,506 |  |  |  | $ | 830 |
The following table summarizes property and equipment, net and operating lease right-of-use assets by geographic region:
| Successor |  |  | Predecessor
| December 31, 2022 |  |  | December 31, 2021
United States | $ | 5,473 |  |  |  | $ | 718 |
Canada | 3,730 |  |  |  | 78 |
Other countries | $ | 1,303 |  |  |  | $ | 34 |
Total | $ | 10,506 |  |  |  | $ | 830 |

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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph b -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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