Balance Sheet Components (Tables)

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Allowance For Doubtful Accounts

The following table summarizes the allowance for credit losses activity:

	Nine Months Ended September 30, 2024 (unaudited)		Year Ended December 31, 2023
Allowance for credit losses beginning of year	$	374	$	1,036
Additions		708		315
Deductions – write-offs		-		(977	)
Allowance for credit losses end of period	$	1,082	$	374

Schedule of Prepayments and Other Current Assets

Prepayments and Other Current Assets – Prepayments and other current assets are summarized as follows:

	As of
	September 30, 2024 (unaudited)		December 31, 2023
Prepaid expenses	$	2,917	$	2,139
Prepaid supplies		141		773
Refundable income and franchise taxes		149		157
Unamortized debt costs		-		209
Employee retention credits		2,468		2,468
Other receivables		-		45
Total prepayments and other current assets	$	5,675	$	5,791

Schedule of Property and Equipment

Property and Equipment – Property and equipment are summarized as follows:

	As of
	September 30, 2024 (unaudited)			December 31, 2023
Office equipment and computers	$	1,777		$	1,777
Leasehold Improvements		54			-
Furniture and fixtures		133			133
		1,964			1,910
Less accumulated depreciation and amortization		(1,768	)		(1,582	)
Net property and equipment	$	196		$	328

Summary of Platform Development Costs

Platform Development – Platform development costs are summarized as follows:

	As of
	September 30, 2024 (unaudited)			December 31, 2023
Platform development	$	29,064		$	26,054
Less accumulated amortization		(21,861	)		(17,331	)
Net platform development	$	7,203		$	8,723

Summary of Platform Development Cost Activity

A summary of platform development activity for the nine months ended September 30, 2024 (unaudited) is as follows:

Platform development beginning of year	$	26,054
Payroll-based costs capitalized		2,765
Total capitalized costs		28,819
Stock-based compensation		245
Platform development end of period	$	29,064

Schedule of Accrued Expenses

Intangible Assets – Intangible assets subject to amortization consisted of the following:

	As of September 30, 2024 (unaudited)							As of December 31, 2023
	Carrying Amount		Accumulated Amortization			Net Carrying Amount		Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technology	$	17,333	$	(17,333	)	$	-	$	17,333	$	(17,333	)	$	-
Trade name		5,181		(1,736	)		3,445		5,181		(1,547	)		3,634
Brand name		12,115		(3,376	)		8,739		12,774		(2,374	)		10,400
Subscriber relationships		2,150		(1,315	)		835		2,150		(1,121	)		1,029
Advertiser relationships		14,519		(3,898	)		10,621		15,182		(2,832	)		12,350
Database		1,140		(1,140	)		-		1,140		(1,140	)		-
Digital content		355		(355	)		-		355		(311	)		44
Total intangible assets	$	52,793	$	(29,153	)	$	23,640	$	54,115	$	(26,658	)	$	27,457

Intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. Amortization expense for the three months ended September 30, 2024 and 2023 was $849 and $1,572, respectively, of which amortization expense for developed technology of $0 and $596, respectively, is included in cost of revenues on the condensed consolidated statements of operations. Amortization expense for the nine months ended September 30, 2024 and 2023 was $2,619 and $5,070, respectively, of which amortization expense for developed technology of $0 and $2,130, respectively, is included in cost of revenues on the condensed consolidated statements of operations. Impairment charges for the three and nine months ended September 30, 2024 of $0 and $1,198, respectively, were recorded as a result of the disposition of Fexy Studios intangible assets, including the advertiser relationships of $608 and brand names of $590, on the condensed consolidated statements of operations. No impairment charges for the three and nine months ended September 30, 2023 were recorded for the intangible assets.

Accrued Expenses and Other – Accrued expenses and other are summarized as follows:

	As of
	September 30, 2024		December 31, 2023
General accrued expenses	$	4,748	$	5,551
Accrued payroll and related taxes		3,457		4,515
Accrued publisher expenses		2,426		7,596
Accrued interest		11,220		3,824
Liabilities in connection with acquisitions and dispositions		66		1,119
Assumed lease liability		747		1,328
Lease termination liability		246		4,481
Other accrued expenses		476		489
Total accrued expenses and other	$	23,386	$	28,903

Schedule of Accrued Expenses

Accrued Expenses and Other – Accrued expenses and other are summarized as follows:

	As of
	September 30, 2024		December 31, 2023
General accrued expenses	$	4,748	$	5,551
Accrued payroll and related taxes		3,457		4,515
Accrued publisher expenses		2,426		7,596
Accrued interest		11,220		3,824
Liabilities in connection with acquisitions and dispositions		66		1,119
Assumed lease liability		747		1,328
Lease termination liability		246		4,481
Other accrued expenses		476		489
Total accrued expenses and other	$	23,386	$	28,903