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BALANCE SHEET COMPONENTS (Tables)
3 Months Ended
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Reconciliation 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 is as follows:
 (In thousands)
March 31,
2024
December 31,
2023
Cash and cash equivalents$38,750 $37,715 
Restricted cash1
125 500 
Cash and cash equivalents and restricted cash$38,875 $38,215 
1 Restricted cash included cash deposits required by a bank as collateral related to corporate credit card agreements.
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 is as follows:
 (In thousands)
March 31,
2024
December 31,
2023
Cash and cash equivalents$38,750 $37,715 
Restricted cash1
125 500 
Cash and cash equivalents and restricted cash$38,875 $38,215 
1 Restricted cash included cash deposits required by a bank as collateral related to corporate credit card agreements.
Schedule of Fair Values of Securities Investments As of March 31, 2024, and December 31, 2023, the fair values of the Company’s securities investments was as follows:
 (In thousands)
Cash and
Cash Equivalents
March 31,
2024
December 31, 2023
Level 1 securities:
Money market funds$36,544 $36,072 
Total Level 1 securities$36,544 $36,072 
Schedule of Content Assets
Content assets consisted of the following as of the dates indicated:
(in thousands)
March 31,
2024
December 31,
2023
Licensed content, net:
Released, less amortization and impairment1
$10,221 $8,271 
Prepaid and unreleased4,966 8,357 
Total Licensed content, net15,187 16,628 
Produced content, net:
Released, less amortization and impairment2
23,425 22,880 
In production1,542 5,435 
Total produced content, net
24,967 28,315 
Total content assets
$40,154 $44,943 
Schedule of Amortized Licensed Content Costs and Produced Content Costs For the three months ended March 31, 2024, and 2023, content amortization was as follows:
Three Months Ended
March 31,
(in thousands)20242023
Licensed content$1,698 $1,945 
Produced content3,517 3,907 
Total$5,215 $5,852 
Schedule of Private Placement Warrants As of March 31, 2024, and December 31, 2023, the fair value of the Private Placement Warrants, as determined using Level 3 inputs, was as follows:
(in thousands)
March 31,
2024
December 31,
2023
Private Placement Warrants$74 $44