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v3.24.3

Segment Information - Summary of Reportable Segment Information (Detail) - USD ($) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023 | Dec. 31, 2023
Segment Reporting Information [Line Items] |  |  |  |  |
Net revenue | $ 58,190,116 | $ 60,119,757 | $ 173,006,119 | $ 181,360,600 |
Operating expenses | 49,946,133 | 50,117,044 | 148,534,924 | 152,098,261 |
Corporate expenses | 4,296,615 | 4,493,277 | 12,584,218 | 13,381,403 |
Depreciation and amortization | 1,788,126 | 2,201,664 | 5,455,622 | 6,626,974 |
FCC licenses impairment losses |  | 78,204,065 |  | 88,245,065 |
Goodwill impairment losses | 922,000 | 10,582,360 | 922,000 | 10,582,360 |
Operating income (loss) | 1,237,242 | (85,478,653) | 5,509,355 | (89,573,463) |
Capital expenditures | 642,189 | 1,044,531 | 2,627,040 | 3,060,716 |
Property and equipment, net | 48,768,141 |  | 48,768,141 |  | $ 51,474,754
FCC licenses | 393,006,900 |  | 393,006,900 |  | 393,006,900
Goodwill |  |  |  |  | 922,000
Other intangibles, net | 2,138,913 |  | 2,138,913 |  | 2,722,408
Audio [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net revenue | 46,889,920 | 48,332,715 | 137,748,127 | 146,198,774 |
Operating expenses | 39,516,786 | 38,932,340 | 117,418,596 | 118,200,967 |
Depreciation and amortization | 1,566,575 | 1,741,376 | 4,757,501 | 5,253,581 |
FCC licenses impairment losses |  | 78,204,065 |  | 88,245,065 |
Goodwill impairment losses |  | 10,582,360 |  | 10,582,360 |
Operating income (loss) | 5,806,559 | (81,127,426) | 15,572,030 | (76,083,199) |
Capital expenditures | 417,497 | 1,026,120 | 2,080,587 | 2,975,897 |
Property and equipment, net | 45,725,915 |  | 45,725,915 |  | 48,324,618
FCC licenses | 393,006,900 |  | 393,006,900 |  | 393,006,900
Other intangibles, net | 1,608,090 |  | 1,608,090 |  | 1,707,909
Digital [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net revenue | 11,300,196 | 11,177,881 | 35,257,992 | 33,455,935 |
Operating expenses | 10,429,347 | 10,110,593 | 31,116,328 | 30,804,774 |
Depreciation and amortization | 36,801 | 47,397 | 141,680 | 141,364 |
Goodwill impairment losses | 922,000 |  | 922,000 |  |
Operating income (loss) | (87,952) | 1,019,891 | 3,077,984 | 2,509,797 |
Capital expenditures | (8,925) | 1,594 |  | 13,184 |
Property and equipment, net | 71,162 |  | 71,162 |  | 95,003
Goodwill |  |  |  |  | 922,000
Other intangibles, net | 351,160 |  | 351,160 |  | 834,836
Other [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net revenue |  | 609,161 |  | 1,705,891 |
Operating expenses |  | 1,074,111 |  | 3,092,520 |
Depreciation and amortization |  | 199,979 |  | 595,746 |
Operating income (loss) |  | (664,929) |  | (1,982,375) |
Capital expenditures |  |  |  | 25,534 |
Property and equipment, net |  |  |  |  | 74,081
Corporate [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Corporate expenses | 4,296,615 | 4,493,277 | 12,584,218 | 13,381,403 |
Depreciation and amortization | 184,750 | 212,912 | 556,441 | 636,283 |
Operating income (loss) | (4,481,365) | (4,706,189) | (13,140,659) | (14,017,686) |
Capital expenditures | 233,617 | $ 16,817 | 546,453 | $ 46,101 |
Property and equipment, net | 2,971,064 |  | 2,971,064 |  | 2,981,052
Other intangibles, net | $ 179,663 |  | $ 179,663 |  | $ 179,663

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