XML 40 R27.htm IDEA: XBRL DOCUMENT v3.24.1
REVENUE (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Type
The following table sets forth the Company’s disaggregated revenues for the years ended December 31, 2023, and 2022, as well as the relative percentage to total revenue.
Year Ended December 31,
(in thousands)20232022
Direct Business:
Direct-to-Consumer:
O&O Consumer Service$26,502 47 %$25,549 33 %
App Services3,384 %3,940 %
Total Direct-to-Consumer29,886 53 %29,489 38 %
Partner Direct Business4,706 %4,631 %
Total Direct Business34,592 61 %34,120 44 %
Content Licensing:
Library sales*
11,739 21 %6,131 %
Presales2,308 %18,560 24 %
Total Content Licensing14,047 25 %24,691 32 %
Bundled Distribution6,316 11 %11,726 15 %
Enterprise141 — %5,520 %
Other1,793 %1,986 %
Total revenues
$56,889 $78,043 
* The 2023 amount includes $9.9 million of trade and barter transactions.
Schedule of Revenues Expected to be Recognized in the Future Related to Performance Obligations
As of December 31, 2023, the Company expects to recognize revenues in the future related to performance obligations that are unsatisfied as follows:
Year Ended December 31,
(in thousands)2024202520262027ThereafterTotal
Remaining performance obligations$2,240 $1,600 $1,251 $75 $55 $5,221 
Schedule Of Trade and Barter Revenues
For the years ended December 31, 2023, and 2022, trade and barter revenues were as follows:
Year Ended December 31,
(in thousands)
20232022
Trade and barter license fees: Content licensing
$9,873 $— 
Other trade and barter revenue*
1,130 — 
Total trade and barter revenues$11,003 $— 
* Other revenue primarily relates to other marketing services
Schedule Of Trade And Barter Expenses
For the years ended December 31, 2023, and 2022, trade and barter advertising and marketing expenses were as follows:
Year Ended December 31,
(in thousands)
20232022
Trade and barter advertising and marketing
1,480 — 
Schedule Of Trade And Barter Transactions
For the years ended December 31, 2023, and 2022, additions to content assets resulting from trade and barter transactions were as follows:
Year Ended December 31,
(in thousands)
20232022
Trade and barter additions to content assets
9,523 —