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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:          
Net (loss) income     $ (447) $ 924  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation and amortization $ 1,267 $ 1,258 2,593 2,456  
Deferred income tax (benefit) expense (125) 140 (40) 75  
Amortization of deferred costs     16 18  
Compensation expense related to restricted stock awards     1,130 973  
Provision for credit losses     225 579  
Loss on sale of assets, net     307 977  
Other gain, net     (27) (1,133)  
Barter (revenue) expense, net     (163) (32)  
Deferred and other compensation     (98) (82)  
Changes in assets and liabilities:          
Increase in receivables and prepaid expenses     (802) (1,032)  
Increase (decrease) in accounts payable, accrued expenses, and other liabilities     (575) 1,324  
Total adjustments     2,566 4,123  
Net cash provided by operating activities     2,119 5,047  
Cash flows from investing activities:          
Purchase of short-term investments     (9,031) (10,817)  
Redemption of short-term investments     9,031 12,928  
Acquisition of property and equipment (Capital Expenditures)     (2,010) (2,574)  
Acquisition of broadcast properties       (5,705)  
Proceeds from sale and disposal of assets     10 175  
Proceeds from insurance claims and other     27 1,143  
Other investing activities       4  
Net cash used in investing activities     (1,973) (4,846)  
Cash flows from financing activities:          
Proceeds from long-term debt       5,000  
Cash dividends paid     (3,215) (19,391)  
Net cash used in financing activities     (3,215) (14,391)  
Net decrease in cash and cash equivalents     (3,069) (14,190)  
Cash and cash equivalents, beginning of period     18,860 29,582 $ 29,582
Cash and cash equivalents, end of period $ 15,791 $ 15,392 $ 15,791 $ 15,392 $ 18,860