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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss $ (5,035) $ (7,751)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Change in fair value of warrant liability 30 74
Additions to content assets (426) (3,723)
Change in content liabilities (333) (1,206)
Amortization of content assets 5,215 5,852
Depreciation and amortization expenses 117 127
Amortization of premiums and accretion of discounts associated with investments in debt securities, net 0 26
Stock-based compensation 689 1,267
Equity method investment loss 1,756 219
Other non-cash items 122 121
Changes in operating assets and liabilities    
Accounts receivable (116) 1,200
Other assets 502 944
Accounts payable (1,477) 1,440
Accrued expenses and other liabilities (419) (4,514)
Deferred revenue 41 (384)
Net cash provided by (used in) operating activities 666 (6,308)
Cash flows from investing activities    
Purchases of property and equipment 0 (5)
Maturities of investments in debt securities 0 15,000
Net cash provided by investing activities 0 14,995
Cash flows from financing activities    
Payments related to tax withholding (6) (26)
Net cash used in financing activities (6) (26)
Net increase in cash, cash equivalents and restricted cash 660 8,661
Cash, cash equivalents and restricted cash, beginning of period 38,215 40,507
Cash, cash equivalents and restricted cash, end of period 38,875 49,168
Supplemental disclosure:    
Cash refund for taxes (2) 0
Cash paid for operating leases $ 138 $ 134