Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Summary of Significant Accounting Policies

Schedule of computation of basic and diluted earnings per share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2025		2024		2025		2024
	(In thousands, except per share data)
Numerator:
Net (loss) income	$	(532)	$	1,267	$	(979)	$	2,191
Less: (Loss) income allocated to unvested participating securities		(28)		39		(45)		69
Net (loss) income available to common shareholders	$	(504)	$	1,228	$	(934)	$	2,122
Denominator:
Denominator for basic earnings per share — weighted average shares		6,164		6,075		6,156		6,070
Effect of dilutive securities:
Common stock equivalents		—		—		—		—
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions		6,164		6,075		6,156		6,070
(Loss) income per share:
Basic	$	(0.08)	$	0.20	$	(0.15)	$	0.35
Diluted	$	(0.08)	$	0.20	$	(0.15)	$	0.35

Schedule of allowance for credit losses

					Write Off of
	Balance		Charged to		Uncollectible		Balance at
	at Beginning		Costs and		Accounts, Net of		End of
Nine Months Ended	of Period		Expenses		Recoveries		Period
	(in thousands)
September 30, 2025	$	1,071	$	372	$	(383)	$	1,060

Schedule of significant departmental expenses included in station operating expenses

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(In thousands)				(In thousands)
Programming and Technical	$	9,338	$	7,528	$	23,877	$	22,247
Station General and Administrative		6,847		6,801		20,615		21,055
Selling		5,614		5,827		16,488		17,354
Interactive		1,991		1,625		5,462		5,099
Other (1)		884		928		2,421		2,718
Station Operating Expense	$	24,674	$	22,709	$	68,863	$	68,473
(1) Other includes production and news departments, advertising and promotional expense.