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Segment Reporting (Tables)

12 Months Ended

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		%

X

- 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.

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