LEASES

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

LEASES

10. LEASES

The following table sets forth the components of lease expense and the weighted-average remaining lease term and the weighted-average discount rate for the Company’s leases:

	Years Ended December 31,
	2024			2023
	(in thousands)
Fixed operating lease cost	$	14,564		$	12,738
Variable lease cost	94			127
Total lease cost	$	14,658		$	12,865
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	14,856		$	13,761
Weighted-average lease term - operating leases	7.05 years			5.94 years
Weighted-average discount rate - operating leases	12.96		%	11.66		%

The following table sets forth how the Company allocates operating lease costs on the Company's consolidated statements of operations:

	Years Ended December 31,
	2024		2023
	(in thousands)
Operating lease costs:
Programming and technical	$	7,649	$	6,768
Selling, general and administrative	5,454		4,650
Corporate selling, general and administrative	1,555		1,447
Total operating lease cost	$	14,658	$	12,865

As of December 31, 2024, maturities of lease liabilities were as follows:

For the Year Ended December 31,	(in thousands)
2025	$	9,464
2026	7,022
2027	6,143
2028	5,174
2029	4,697
Thereafter	19,361
Total future lease payments	51,861
Less: imputed interest	(20,060)
Total lease liabilities	$	31,801