Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 96,745	$ 63,836
Accounts receivable, less allowance for doubtful accounts of $4,291 and $4,540 at June 30, 2025 and December 31, 2024, respectively	146,511	161,986
Trade receivable	5,454	2,854
Assets held for sale	10,733	872
Prepaid expenses and other current assets	21,174	18,503
Total current assets	280,617	248,051
Property and equipment, net	127,718	161,271
Operating lease right-of-use assets	101,747	102,183
Broadcast licenses	517,270	518,165
Other intangible assets, net	68,773	76,957
Other assets	9,842	12,022
Total assets	1,105,967	1,118,649
Current liabilities:
Accounts payable and accrued expenses	99,516	105,025
Current portion of operating lease liabilities	26,275	26,323
Trade payable	3,065	2,430
Current portion of term loan	1,203	0
Total current liabilities	130,059	133,778
Long-term debt	720,210	669,041
Operating lease liabilities	98,236	99,343
Financing liabilities, net	183,218	199,691
Other liabilities	7,285	7,520
Deferred income tax liabilities	4,047	2,325
Total liabilities	1,143,055	1,111,698
Commitments and contingencies (Note 9)
Stockholders’ (deficit) equity:
Treasury stock, at cost, 5,815,111 and 5,481,216 shares at June 30, 2025 and December 31, 2024, respectively	(47,107)	(46,833)
Additional paid-in-capital	359,864	358,441
Accumulated deficit	(349,845)	(304,657)
Total stockholders’ (deficit) equity	(37,088)	6,951
Total liabilities and stockholders’ (deficit) equity	1,105,967	1,118,649
Class A Common Stock
Stockholders’ (deficit) equity:
Common stock	0	0
Class B Common Stock
Stockholders’ (deficit) equity:
Common stock	$ 0	$ 0