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BALANCE SHEET COMPONENTS (Tables)
 12 Months Ended
Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Cash and Cash Equivalents
A reconciliation of the Company’s cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows as of December 31, 2023, and 2022 is as follows:
 December 31,
(in thousands)20232022
Cash and cash equivalents$37,715 $40,007 
Restricted cash500 500 
Cash, cash equivalents and restricted cash$38,215 $40,507 
Restrictions on Cash and Cash Equivalents
A reconciliation of the Company’s cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows as of December 31, 2023, and 2022 is as follows:
 December 31,
(in thousands)20232022
Cash and cash equivalents$37,715 $40,007 
Restricted cash500 500 
Cash, cash equivalents and restricted cash$38,215 $40,507 
Schedule of Fair Values of Securities Investments As of December 31, 2023, and December 31, 2022, the fair value of the Company’s securities investments was as follows:
December 31, 2023December 31, 2022
(in thousands)
Cash and
Cash
Equivalents
Short-term
Investments
Total
Cash and
Cash
Equivalents
Short-term
Investments
Total
      
Level 1 Securities
Money market funds$36,072 $— $36,072 $17,724 $— $17,724 
Total Level 1 Securities36,072 — 36,072 17,724 — 17,724 
Level 2 Securities      
Corporate debt securities— — — — 14,986 14,986 
Total Level 2 Securities— — — — 14,986 14,986 
Total$36,072 $— $36,072 $17,724 $14,986 $32,710 
Schedule of Debt Securities
The following table summarizes the Company’s corporate, U.S. government, and municipal debt securities as of December 31, 2022:
December 31, 2022
(in thousands)
Amortized
Cost
Gross
 Unrealized
 Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Debt Securities:
Corporate$15,026 $— $(40)$14,986 
Total$15,026 $— $(40)$14,986 
Schedule of Debt Securities by Contractual Maturity
The fair value of the Company’s investments in corporate, U.S. government, and municipal debt securities as of December 31, 2022, by contractual maturity is as follows:
December 31, 2022
(in thousands)Amortized Cost
Estimated
Fair Value
Due in one year or less$15,026 $14,986 
Due after one year through five years— — 
Due after five years— — 
Total$15,026 $14,986 
Schedule of Content Assets
As of December 31, 2023, and 2022, content assets consisted of the following:
December 31,
(in thousands)20232022
   
Licensed content, net
Released, less amortization and impairment1
$8,271 $11,154 
Prepaid and unreleased8,357 4,014 
Total licensed content, net
16,628 15,168 
Produced content, net
Released, less amortization and impairment2
22,880 33,094 
In production5,435 20,240 
Total produced content, net
28,315 53,334 
Total content assets$44,943 $68,502 
1 The December 31, 2023, amount reflects a $4.4 million impairment charge recorded for the three months ended September 30, 2023. See Impairment Assessment below.
2 The December 31, 2023, amount reflects a $14.6 million impairment charge recorded for the three months ended September 30, 2023. See Impairment Assessment below.
Schedule of Amortized Licensed Content Costs and Produced Content Costs For the years ended December 31, 2023, and 2022, content amortization was as follows:
Year Ended December 31,
(in thousands)20232022
  
Licensed content$7,250 $8,480 
Produced content15,655 30,811 
Total
$22,905 $39,291 
Schedule of Property and Equipment
As of December 31, 2023, and 2022, property and equipment, summarized by major classifications, were as follows:
Estimated
Useful Life
(in Years)		December 31,
(in thousands)20232022
  
Furniture and fixtures
10 to 15
$101 $108 
Equipment51,040 1,252 
Computer and software
3 to 5
570 857 
Website and application development337 37 
Leasehold improvementsLesser of lease term or lives703 703 
Work-in-progress—5 5 
Property and equipment, gross2,456 2,962 
Less accumulated depreciation and amortization1,729 1,868 
Property and equipment, net$727 $1,094 
Schedule of Changes in Goodwill
The change in goodwill for the year ended December 31, 2022, was as follows:
(in thousands)
Balance, December 31, 2021$2,793 
Impairment of Goodwill*
2,793 
Balance, December 31, 2022$— 
* See Note 2 - Summary of Significant Accounting Policies for a more detailed explanation of goodwill impairment.
Schedule of Private Placement Warrants The fair value of the Private Placement Warrants as of December 31, 2023, and 2022, was as follows:
December 31,
(in thousands)20232022
Level 3
Private Placement Warrants$44 $257 
Total Level 3$44 $257