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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following table summarizes revenue, segment cost of revenue and adjusted gross profit by reportable segments (in thousands):
| For the Year Ended
| 2024 |  | 2023
Owned and Operated Advertising | $ | 281,930 |  |  | $ | 328,934 |
Partner Network | 61,995 |  |  | 73,037 |
Total revenue | $ | 343,925 |  |  | $ | 401,971 |
Owned and Operated Advertising | $ | 173,721 |  |  | $ | 221,238 |
Partner Network | 10,136 |  |  | 19,617 |
Total segment cost of revenue | $ | 183,857 |  |  | $ | 240,855 |
Owned and Operated Advertising | $ | 108,209 |  |  | $ | 107,696 |
Partner Network | 51,859 |  |  | 53,420 |
Adjusted gross profit | 160,068 |  |  | 161,116 |
Other cost of revenue | 7,704 |  |  | 7,890 |
Salaries and benefits | 113,512 |  |  | 106,505 |
Selling, general, and administrative | 47,346 |  |  | 54,307 |
Depreciation and amortization | 80,107 |  |  | 78,403 |
Interest expense, net | 31,562 |  |  | 48,745 |
Gain on extinguishment of debt | (20,109) |  |  | — |
Loss on extinguishment of related-party debt | — |  |  | 2,004 |
Change in fair value of warrant liabilities | (2,386) |  |  | (5,109) |
Loss before income tax | $ | (97,668) |  |  | $ | (131,629) |
Schedule of Revenues Disaggregated by Geographic Region | The following table summarizes revenue by geographic region (in thousands):
| For the Year Ended
| 2024 |  | 2023
United States | $ | 333,069 |  |  | $ | 385,847 |
Other countries | 10,856 |  |  | 16,124 |
Total revenue | $ | 343,925 |  |  | $ | 401,971 |
Schedule of Table Illustrates the Level of Concentration as a Percentage of Total Revenues | The following tables illustrate the concentrations as a percentage of total revenue and total accounts receivable for our key Advertising Partners: Concentration of revenue from key Advertising Partners
| For the Year Ended
| 2024 |  | 2023
Google | 78 | % |  | 85 | %
Concentration of accounts receivable from key Advertising Partners |  |  |
| December 31, 2024 |  | December 31, 2023
Google | 56 | % |  | 69 | %
Microsoft | 8 | % |  | 5 | %
Yahoo | 7 | % |  | 6 | %

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- Definition Tabular disclosure of all significant concentrations of risk, including credit risk and market risk, arising from all financial instruments (as defined), whether from an individual counterparty or groups of counterparties. The disclosure concerning concentrations of risk may consist of the following information: (1) for concentrations of credit risk disclosure may include: (a) information about the (shared) activity, region, or economic characteristic that identifies the concentration, (b) the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the entity would incur if parties to the financial instruments that make up the concentration failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the entity, (c) the policy of requiring collateral or other security to support financial instruments subject to credit risk, information about the entity's access to that collateral or other security, and the nature and a brief description of the collateral or other security supporting those financial instruments, and (d) the policy of entering into master netting arrangements to mitigate the credit risk of financial instruments, information about the arrangements for which the entity is a party, and a brief description of the terms of those arrangements, including the extent to which they would reduce the entity's maximum amount of loss due to credit risk and (2) for disclosure of quantitative information about the market risks of financial instruments that is consistent with the way the company manages or adjusts those risks, disclosure may include: (a) more details about current positions and perhaps activity during the period, (b) the hypothetical effects on comprehensive income (or net assets), or annual income, of several possible changes in market prices, (c) a gap analysis of interest rate re-pricing or maturity dates, (d) the duration of the financial instruments, (e) the entity's value at risk from derivatives and from other positions at the end of the reporting period and the average value at risk during the year, or (f) other ways of reporting quantitative information as internally developed. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 23 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-23 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-20 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-22 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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