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Segment Reporting
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We have two operating and reportable segments: Owned and Operated Advertising and Partner Network. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Chief Operating Decision Maker ("CODM"), in deciding how to allocate resources and assess performance. Our Chief Executive Officer, who is considered to be our CODM, reviews financial information presented on an operating segment basis for purposes of making operating decisions and assessing financial performance.

The CODM measures and evaluates reportable segments based on segment operating revenue as well as adjusted gross profit. The tables below include the following operating expenses that are not allocated to the reporting segments presented to our CODM: depreciation and amortization of property, equipment and leasehold improvements, amortization of intangible assets and, at times, certain other transactions or adjustments. The CODM does not consider these expenses for the purposes of making decisions to allocate resources among segments or to assess segment performance, however these costs are included in reported condensed consolidated net loss from continuing operations before income tax and are included in the reconciliation that follows.

The following table summarizes revenue by reportable segments (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Owned and Operated Advertising$70,798 $66,187 $217,224 $249,512 
Partner Network18,034 21,631 51,106 56,339 
Total revenue$88,832 $87,818 $268,330 $305,851 

The following table summarizes Adjusted gross profit by reportable segments (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Owned and Operated Advertising$26,406 $23,886 $76,246 $81,314 
Partner Network13,053 15,312 37,462 40,337 
Adjusted gross profit39,459 39,198 113,708 121,651 
Other cost of revenue1,798 1,965 6,045 5,995 
Salaries and benefits29,177 26,695 87,597 81,896 
Selling, general, and administrative10,172 11,808 36,889 42,004 
Depreciation and amortization20,128 19,584 59,875 58,666 
Interest expense, net7,957 13,053 23,798 36,789 
(Gain) loss from debt extinguishment— 619 (20,109)619 
Change in fair value of warrant liabilities281 (7,482)(1,471)(6,873)
Loss before income tax$(30,054)$(27,044)$(78,916)$(97,445)
The following table summarizes revenue by geographic region (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
United States$85,216 $81,512 $258,113 $292,122 
Other countries3,616 6,306 10,217 13,729 
Total revenue$88,832 $87,818 $268,330 $305,851