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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 37,715 $ 40,007
Restricted cash 500 500
Short-term investments in debt securities 0 14,986
Accounts receivable, net 4,760 10,899
Other current assets 2,315 3,118
Total current assets 45,290 69,510
Investments in equity method investees 6,354 10,766
Property and equipment, net 727 1,094
Content assets, net 44,943 68,502
Operating lease right-of-use assets 3,350 3,702
Other assets 358 539
Total assets 101,022 154,113
Current liabilities    
Content liabilities 407 2,862
Accounts payable 4,765 6,065
Accrued expenses and other liabilities 3,705 7,752
Deferred revenue 14,521 14,281
Total current liabilities 23,398 30,960
Warrant liability 44 257
Non-current operating lease liabilities 4,283 4,648
Other liabilities 651 622
Total liabilities 28,376 36,487
Stockholders’ equity    
Common Stock, $0.0001 par value – 125,000 shares authorized as of December 31, 2023 and December 31, 2022; 53,286 shares issued and outstanding as of December 31, 2023; 52,853 shares issued and outstanding as of December 31, 2022 5 5
Additional paid-in capital 362,636 358,760
Accumulated other comprehensive loss 0 (40)
Accumulated deficit (289,995) (241,099)
Total stockholders’ equity 72,646 117,626
Total liabilities and stockholders’ equity $ 101,022 $ 154,113