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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Net loss $ (48,896) $ (50,917)
Adjustments to reconcile net loss to net cash used in operating activities    
Change in fair value of warrant liability (213) (5,404)
Additions to content assets (18,316) (34,771)
Change in content liabilities (2,455) (6,822)
Amortization of content assets 22,905 39,291
Depreciation and amortization expenses 496 699
Impairment of content assets 18,970 0
Impairment of goodwill and intangible assets 0 3,603
Amortization of premiums and accretion of discounts associated with investments in debt securities, net 26 1,191
Stock-based compensation 3,999 6,644
Equity interests loss 5,404 846
Other non-cash items 481 1,141
Changes in operating assets and liabilities    
Accounts receivable 6,139 11,862
Other assets 855 3,355
Accounts payable (1,295) 2,654
Accrued expenses and other liabilities (4,542) (4,645)
Deferred revenue 270 (8,250)
Net cash used in operating activities (16,172) (39,523)
Cash flows from investing activities    
Purchases of property and equipment (5) (130)
Investment in equity method investees (992) (2,438)
Sales of investments in debt securities 0 22,893
Maturities of investments in debt securities 15,000 43,873
Purchases of investments in debt securities 0 (1,497)
Net cash provided by investing activities 14,003 62,701
Cash flows from financing activities    
Payments related to tax withholding (123) (218)
Net cash used in provided by financing activities (123) (218)
Net (decrease) increase in cash, cash equivalents and restricted cash (2,292) 22,960
Cash, cash equivalents and restricted cash, beginning of period 40,507 17,547
Cash, cash equivalents and restricted cash, end of period 38,215 40,507
Supplemental disclosure:    
Cash paid for taxes 195 614
Cash paid for operating leases 466 486
Right-of-use assets obtained in exchange for new operating lease liabilities $ 0 $ 3,965