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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net (loss) income $ (1,328) $ 319
Adjustments to reconcile net (loss) income to net cash provided by operating activities    
Change in fair value of warrant liability 0 8
Additions to content assets (4,026) (1,828)
Change in content liabilities (56) (276)
Amortization of content assets 3,678 3,513
Depreciation and amortization expenses 41 41
Amortization of premiums and accretion of discounts associated with investments in debt securities, net (32) (195)
Stock-based compensation 2,241 863
Equity method investment (income) loss (30) 151
Other non-cash items 161 120
Changes in operating assets and liabilities    
Accounts receivable 3,084 (1,619)
Other assets (227) 3
Accounts payable (3,081) (757)
Accrued expenses and other liabilities 583 2,058
Deferred revenue 202 (479)
Net cash provided by operating activities 1,210 1,922
Cash flows from investing activities    
Purchases of property and equipment 0 (77)
Sales of investments in debt securities 1,000 1,000
Maturities of investments in debt securities 4,500 7,400
Purchases of investments in debt securities (2,954) (6,253)
Net cash provided by investing activities 2,546 2,070
Cash flows from financing activities    
Repurchases of common stock (311) 0
Dividends paid (4,862) (2,277)
Payments related to tax withholding (1) (358)
Net cash used in financing activities (5,174) (2,635)
Net (decrease) increase in cash, cash equivalents and restricted cash (1,418) 1,357
Cash, cash equivalents and restricted cash, beginning of period 18,378 7,951
Cash, cash equivalents and restricted cash, end of period 16,960 9,308
Supplemental disclosure:    
Cash paid for taxes, net 61 34
Cash paid for operating leases $ 97 $ 141