Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Summary of Significant Accounting Policies

Schedule of computation of basic and diluted earnings per share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2024		2025		2024
	(In thousands, except per share data)
Numerator:
Net income (loss)	$	1,128	$	2,501	$	(447)	$	924
Less: Income (loss) allocated to unvested participating securities		47		78		(21)		29
Net income (loss) available to common shareholders	$	1,081	$	2,423	$	(426)	$	895
Denominator:
Denominator for basic earnings per share — weighted average shares		6,176		6,072		6,138		6,068
Effect of dilutive securities:
Common stock equivalents		—		—		—		—
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions		6,176		6,072		6,138		6,068
Income (loss) per share:
Basic	$	0.18	$	0.40	$	(0.07)	$	0.15
Diluted	$	0.18	$	0.40	$	(0.07)	$	0.15

Schedule of allowance for credit losses

					Write Off of
	Balance		Charged to		Uncollectible		Balance at
	at Beginning		Costs and		Accounts, Net of		End of
Six Months Ended	of Period		Expenses		Recoveries		Period
	(in thousands)
June 30, 2025	$	1,071	$	225	$	(197)	$	1,099

Schedule of significant departmental expenses included in station operating expenses

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(In thousands)				(In thousands)
Programming and Technical	$	7,338	$	7,539	$	14,544	$	14,718
Station General and Administrative		6,615		6,862		13,765		14,253
Selling		5,713		6,048		10,871		11,524
Interactive		1,807		1,947		3,470		3,475
Other (1)		753		909		1,539		1,794
Station Operating Expense	$	22,226	$	23,305	$	44,189	$	45,764
(1) Other includes production and news departments, advertising and promotional expense.