SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

The following table presents the components of Other Current Liabilities and Other Long-term Liabilities:


	June 30, 2024		December 31, 2023

	(In thousands)
Other current liabilities
Customer advances and unearned income	$	4,137	$	4,851
Unearned event income	338		4,864
Reserve for audience deficiency	18,608		12,779
Professional fee accrual	3,595		1,658
Operating expense accruals	1,312		5,090
Accrued stock compensation	—		4,650
Employment agreement award (as defined in Note 7)	4,776		3,685
Launch liability	—		1,750
Deferred barter revenue	2,350		1,848
Other	1,351		1,656
Total other current liabilities	$	36,467	$	42,831

Other long-term liabilities
Employment agreement award (as defined in Note 7)	$	11,931	$	19,285
Launch liability	3,500		3,500
Other	3,387		2,210
Total long-term liabilities	$	18,818	$	24,995

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash as reported within the condensed consolidated balance sheets to “Cash, cash equivalents and restricted cash, end of period” as reported within the condensed consolidated statements of cash flows:


	Six Months Ended June 30,
	2024		2023

	(In thousands)
Cash and cash equivalents	$	131,890	$	230,731
Restricted cash	482		477
Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	$	132,372	$	231,208