Revenue Recognition

9 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue Recognition

16. Revenue Recognition

Disaggregation of Revenue

The following table provides information about disaggregated revenue by category, geographical market and timing of revenue recognition:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Revenue by category:
Digital revenue
Digital advertising	$	23,067	$	28,251	$	66,533	$	70,363
Digital subscriptions		1,807		2,962		5,511		9,809
Licensing and syndication revenue		1,837		2,230		6,758		8,681
Other digital revenue		6,320		1,088		9,327		2,858
Total digital revenue		33,031		34,531		88,129		91,711
Print revenue
Print advertising		-		813		-		2,529
Print subscriptions		524		1,652		1,550		5,246
Total print revenue		524		2,465		1,550		7,775
Total	$	33,555	$	36,996	$	89,679	$	99,486
Revenue by geographical market:
United States	$	31,865	$	35,579	$	84,464	$	95,847
Other		1,690		1,417		5,215		3,639
Total	$	33,555	$	36,996	$	89,679	$	99,486
Revenue by timing of recognition:
At point in time	$	31,748	$	34,034	$	84,168	$	89,677
Over time		1,807		2,962		5,511		9,809
Total	$	33,555	$	36,996	$	89,679	$	99,486

For the three months and nine ended September 30, 2024 and 2023, disaggregated revenue represents revenue from continuing operations.

Contract Balances

The timing of the Company’s performance under its various contracts often differs from the timing of the customer’s payment, which results in the recognition of a contract asset or a contract liability. A contract asset is recognized when a good or service is transferred to a customer and the Company does not have the contractual right to bill for the related performance obligations. A contract liability is recognized when consideration is received from the customer prior to the transfer of goods or services.

The following table provides information about contract balances:

	As of
	September 30, 2024 (unaudited)		December 31, 2023
Unearned revenue (short-term contract liabilities):
Digital revenue	$	7,574	$	16,938
Unearned revenue (long-term contract liabilities):
Digital revenue	$	357	$	542

Unearned Revenue – Unearned revenue, also referred to as contract liabilities, include payments received in advance of performance under certain contracts and are recognized as revenue over time. The Company records contract liabilities as unearned revenue on the condensed consolidated balance sheets.