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SEGMENT REPORTING
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
We have three reportable segments:

Owned and Operated Advertising — revenue earned by directly acquiring traffic to the Company's owned and operated websites and utilizing the RAMP platform and related services to connect Advertising Partners to the Company's owned and operated websites;
Partner Network — revenue earned from revenue-sharing arrangements with Network Partners for the use of the RAMP platform, and related services provided to them to direct advertising by the Advertising Partners to their advertising space; and
Subscription — revenue primarily derived from the (i) delivery of the antivirus software and (ii) delivery of the additional add-on service(s).

The following table summarizes revenue by the Company's three reportable segments:
SuccessorPredecessor
Three Months Ended
March 31, 2023
Period from January 27, 2022 through March 31, 2022Period from January 1, 2022 through January 26, 2022
Owned and Operated Advertising$106,025 $126,884 $49,249 
Partner Network15,093 11,350 3,463 
Subscription46,736 27,874 — 
Total revenue$167,854 $166,108 $52,712 
The following table summarizes adjusted gross profit by the Company's three reportable segments:

SuccessorPredecessor
Three Months Ended March 31, 2023Period from January 27, 2022 through March 31, 2022Period from January 1, 2022 through January 26, 2022
Owned and Operated Advertising$29,839 $29,418 $8,768 
Partner Network10,217 8,413 3,012 
Subscription14,155 12,647 — 
Adjusted gross profit$54,211 $50,478 $11,780 
Other cost of revenue6,759 4,754 575 
Salaries and benefits38,398 48,198 31,181 
Selling, general and administrative17,172 15,088 15,665 
Depreciation and amortization29,374 21,928 1,000 
Interest expense, net11,451 4,776 1,049 
Change in fair value of warrant liabilities(1,409)13,761 — 
Net loss before income tax$(47,534)$(58,027)$(37,690)

The following table summarizes revenue by geographic region:

SuccessorPredecessor
Geographic RegionThree Months Ended March 31, 2023Period from January 27, 2022 through March 31, 2022Period from January 1, 2022 through January 26, 2022
United States$117,199 $134,608 $51,701 
United Kingdom46,853 27,719 — 
Other countries3,802 3,781 1,011 
Total revenue$167,854 $166,108 $52,712 

The following table summarizes property and equipment, net and operating leases by reportable segments:

Successor
March 31, 2023December 31, 2022
Owned and Operated Advertising$9,269 $9,646 
Subscription1,250 860 
Total$10,519 $10,506