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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 27,511 $ 32,112
Operating expenses:    
Cost of revenues, including amortization [1] 6,984 7,244
Research and development [1] 3,103 3,480
Sales and marketing [1] 7,759 9,415
Editorial [1] 4,798 4,660
General and administrative [1] 16,298 16,076
Amortization of intangible assets [1] 2,331 2,685
Transaction (gains) costs, net [1]   (4)
Total operating expenses [1] 41,273 43,556
Operating loss (13,762) (11,444)
Gain on sale of businesses (Note 4) (15,743) (71,599)
Interest expense, net 5,127 7,362
Loss on debt extinguishment, net 1,784  
Change in fair value of financial instruments (671) 527
Other expense, net 30 241
Net (loss) income before income taxes (4,289) 52,025
(Benefit) provision from income taxes (39) 1,426
Net (loss) income (4,250) 50,599
Other comprehensive income 301 5,591
Total comprehensive (loss) income $ (3,949) $ 56,190
Earnings (loss) per share attributable to common shareholders (Note 14):    
Basic $ (0.03) $ 0.39
Diluted $ (0.03) $ 0.37
Weighted average shares used in computing earnings (loss) per share attributable to common shareholders:    
Basic 151,289,278 130,712,032
Diluted 151,289,278 146,027,085
Subscription    
Revenues:    
Total revenues $ 25,232 $ 29,626
Advisory, advertising, and other    
Revenues:    
Total revenues $ 2,279 $ 2,486
[1] Amounts include stock-based compensation expense, as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Cost of revenues, including amortization

 

$

15

 

 

$

101

 

Research and development

 

 

326

 

 

 

310

 

Sales and marketing

 

 

85

 

 

 

426

 

Editorial

 

 

66

 

 

 

100

 

General and administrative

 

 

2,883

 

 

 

5,238