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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 33,294,187 $ 26,733,921
Accounts receivable, less allowance for credit losses of $1,752,058 in 2023 and $1,473,743 in 2024 47,175,316 53,424,196
Prepaid expenses 5,818,556 4,338,503
Other current assets 2,134,690 2,150,163
Total current assets 88,422,749 86,646,783
Property and equipment, net 49,919,069 51,474,754
Operating lease right-of-use assets 33,431,749 34,767,126
FCC licenses 393,006,900 393,006,900
Goodwill 922,000 922,000
Other intangibles, net 2,576,904 2,722,408
Other assets 4,888,812 4,727,967
Total assets 573,168,183 574,267,938
Current liabilities:    
Accounts payable 13,737,563 14,299,048
Operating lease liabilities 8,283,652 8,082,981
Other current liabilities 27,900,560 25,913,827
Total current liabilities 49,921,775 48,295,856
Long-term debt, net of unamortized debt issuance costs 264,874,288 264,203,010
Operating lease liabilities 31,621,104 33,440,246
Deferred tax liabilities 70,222,945 71,894,915
Total liabilities 424,080,032 425,289,303
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 153,209,210 152,794,353
Treasury stock, Class A common stock; 3,737,441 shares in 2023; 3,790,020 shares in 2024 (29,276,664) (29,239,179)
Retained earnings 24,774,875 25,042,926
Accumulated other comprehensive income 346,484 346,484
Total stockholders' equity 149,088,151 148,978,635
Total liabilities and stockholders' equity 573,168,183 574,267,938
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 17,584 17,389
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock 16,662 16,662
Due to Related Parties [Member]    
Current liabilities:    
Other long-term liabilities 39,663 55,019
Nonrelated Party [Member]    
Current liabilities:    
Other long-term liabilities $ 7,400,257 $ 7,400,257