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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 38,742 $ 38,578
Accounts receivable, net of credit losses of $186 and $244 at December 31, 2024 and December 31, 2023, respectively 7,043 11,417
Prepaid expenses 3,165 3,344
Other current assets 3,879 3,202
Total current assets 52,829 56,541
Capitalized software development costs, net 7,430 8,370
Intangible assets, net 8,825 12,358
Operating lease right-of-use assets, net [1] 3,417 4,340
Other assets 4,645 5,895
Total assets 77,146 87,504
Current liabilities    
Accounts payable 5,615 6,971
Accrued compensation and benefits 6,680 7,849
Accrued content license fees 1,757 4,024
Liabilities to users 9,853 10,185
Current operating lease liabilities 912 804
Other current liabilities 6,351 6,891
Total current liabilities 31,168 36,724
Deferred income taxes 3,169 3,793
Long-term debt 46,875 42,189
Non-current operating lease liabilities 2,528 3,577
Other liabilities 4,547 5,825
Total liabilities 88,287 92,108
Commitments and contingencies (Note 16)
Shareholders’ equity (deficit)    
Ordinary shares, $0.01 par value, 100,000,000 shares authorized, 45,701,556 and 45,071,578 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 457 451
Additional paid-in capital 339,720 336,552
Accumulated deficit (317,264) (309,305)
Accumulated other comprehensive loss (34,054) (32,302)
Total shareholders’ equity (deficit) (11,141) (4,604)
Total liabilities and shareholders’ equity (deficit) $ 77,146 $ 87,504
[1] Operating lease right-of-use assets are recorded, net of accumulated amortization of $1,128 and $378, at December 31, 2024 and 2023, respectively.