Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Summary of Significant Accounting Policies

Schedule of computation of basic and diluted earnings per share

	Three Months Ended
	March 31,
	2026		2025
	(In thousands, except per share data)
Numerator:
Net loss	$	(2,394)	$	(1,575)
Less: Loss allocated to unvested participating securities		(109)		(73)
Net loss available to common shareholders	$	(2,285)	$	(1,502)
Denominator:
Denominator for basic earnings per share — weighted average shares		6,074		6,123
Effect of dilutive securities:
Common stock equivalents		—		—
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions		6,074		6,123
Loss per share:
Basic	$	(0.38)	$	(0.25)
Diluted	$	(0.38)	$	(0.25)

Schedule of activity in the allowance for doubtful accounts

							Write Off of
	Balance		Charged to		Allowance		Uncollectible		Balance at
	at Beginning		Costs and		From		Accounts, Net of		End of
Three Months Ended	of Period		Expenses		Acquisitions		Recoveries		Period
	(in thousands)
March 31, 2026	$	1,136	$	154	$	—	$	(156)	$	1,134

Schedule of significant departmental expenses included in station operating expenses

	Three Months Ended March 31,
	2026		2025
	(In thousands)
Programming and Technical	$	6,864	$	7,204
Station General and Administrative		6,999		7,152
Selling		5,149		5,161
Digital		2,312		1,665
Other (1)		688		781
Station Operating Expense	$	22,012	$	21,963
(1) Other includes production and news departments, advertising and promotional expense.