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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 75,404 $ 132,245
Restricted cash 19,975 19,973
Trade accounts receivable, net of allowance for doubtful accounts of $8,811 and $8,743, respectively 143,264 127,759
Prepaid expenses 8,729 2,967
Current portion of content assets 34,003 25,883
Other current assets 8,372 3,497
Total current assets 289,747 312,324
CONTENT ASSETS, net 86,378 60,155
PROPERTY AND EQUIPMENT, net 27,758 26,291
GOODWILL 216,599 223,402
RIGHT OF USE ASSETS 31,879 37,956
RADIO BROADCASTING LICENSES 488,419 501,420
OTHER INTANGIBLE ASSETS, net 55,193 47,921
DEBT SECURITIES - available-for-sale, at fair value; amortized cost of $40,000 at December 31, 2022 and 2021 136,826 112,600
OTHER ASSETS 5,688 6,956
Total assets 1,338,487 1,329,025
CURRENT LIABILITIES:    
Accounts payable 18,003 16,892
Accrued interest 23,111 25,458
Accrued compensation and related benefits 17,421 10,960
Current portion of content payables 26,718 18,972
Current portion of lease liabilities 8,690 10,072
Other current liabilities 36,320 24,430
Total current liabilities 130,263 106,784
LONG-TERM DEBT, net of original issue discount and issuance costs 739,000 818,616
CONTENT PAYABLES, net of current portion 10,365 2,865
LONG-TERM LEASE LIABILITIES 25,545 31,228
OTHER LONG-TERM LIABILITIES 34,540 28,320
DEFERRED TAX LIABILITIES, net 39,704 18,877
Total liabilities 979,417 1,006,690
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS 25,298 18,655
STOCKHOLDERS' EQUITY:    
Convertible preferred stock, $.001 par value, 1,000,000 shares authorized; no shares outstanding at December 31, 2022 and 2021 0 0
Accumulated other comprehensive income 73,227 54,950
Additional paid-in capital 993,484 1,018,996
Accumulated deficit (732,988) (770,317)
Total stockholders' equity 333,772 303,680
Total liabilities, redeemable noncontrolling interests and stockholders' equity 1,338,487 1,329,025
Common Stock Class A    
STOCKHOLDERS' EQUITY:    
Common stock value 10 9
Common Stock Class B    
STOCKHOLDERS' EQUITY:    
Common stock value 3 3
Common Stock Class C    
STOCKHOLDERS' EQUITY:    
Common stock value 2 2
Common Stock Class D    
STOCKHOLDERS' EQUITY:    
Common stock value $ 34 $ 37