XML 29 R17.htm IDEA: XBRL DOCUMENT v3.26.1
Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Operating segments are defined as components of a business that can earn revenues and incur expenses for which discrete financial information is available and is evaluated on a regular basis by the chief operating decision maker ("CODM"). The Company's CODM is its Chief Executive Officer, who decides how to allocate resources and assess performance. The Company operates as one operating segment. A single management team reports to the CODM, who manages the business on a consolidated basis.
The Company's CODM uses consolidated net income to make decisions, allocate resources and assess performance. The following table presents financial information that is presented to the CODM with respect to the Company's single operating segment for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31,
(In thousands)20262025
Revenues
Content & Ad Measurement$73,113 $73,166 
Syndicated Audience60,511 63,504 
Cross Platform12,602 9,662 
Research & Insight Solutions12,209 12,543 
Total revenues$85,322 $85,709 
Cost of goods sold (1)
32,908 32,617 
Operating expenses
Compensation $34,451 $33,569 
Professional fees (2)
5,594 4,890 
Facilities & office expense1,801 2,309 
Software licenses, maintenance and systems3,467 3,254 
Travel & entertainment629 465 
Other operating expenses1,423 1,235 
Total operating expenses$47,365 $45,722 
Depreciation & amortization$7,499 $7,346 
Stock-based compensation825 738 
Transformation costs376 1,007 
Strategic transaction costs (2)
514 — 
Foreign currency transactions(1,240)1,743 
Interest expense, net1,750 1,758 
Taxes856 (1,574)
Other717 345 
Net loss$(6,248)$(3,993)
(1) Excludes certain items that are recorded within the cost of revenues, selling and marketing, research and development, and general and administrative expense lines on the Company's Condensed Consolidated Statements of Operations and Comprehensive Loss that are presented elsewhere in this table in accordance with the presentation to the CODM, who uses the adjusted presentation to allocate resources and assess performance.
(2) Beginning in the third quarter of 2025 (and for comparable prior periods), strategic transaction costs that had previously been included in professional fees are being presented separately in this table in accordance with the presentation to the CODM. Strategic transaction costs represent third-party professional fees and other charges incurred in connection with strategic transactions, including mergers, acquisitions, financings and dispositions, regardless of whether consummated, which the Company otherwise would not have incurred as part of its normal business operations.