Compensation Plans

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

The Company provides stock-based and equity-based compensation in the form of (a) restricted stock awards and restricted stock units to certain employees (the “Restricted Stock”), (b) stock option awards, unrestricted stock awards and stock appreciation rights to employees, directors and consultants under various plans (the “Common Stock Options”), and (c) common stock warrants, referred to as the ABG Warrants and Publisher Partner Warrants (collectively the “Warrants”) as referenced in the below table. The ABG Warrants were forfeited as part of the ABG settlement as noted below.

Stock-based compensation and equity-based expense charged to operations or capitalized are summarized as follows:


	Three Months Ended June 30, 2025
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	—	$	28	$	4	$	32
Selling and marketing	6		17		—		23
General and administrative	41		55		—		96
Total costs charged to operations	47		100		4		151
Capitalized platform development	—		10		—		10
Total stock-based compensation	$	47	$	110	$	4	$	161


	Three Months Ended June 30, 2024
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	84	$	184	$	3	$	271
Selling and marketing	9		29		—		38
General and administrative	114		76		—		190
Total costs charged to operations	207		289		3		499
Capitalized platform development	—		20		—		20
Total stock-based compensation	$	207	$	309	$	3	$	519


	Six Months Ended June 30, 2025
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	—	$	94	$	7	$	101
Selling and marketing	12		37		—		49
General and administrative	85		98		—		183
Total costs charged to operations	97		229		7		333
Capitalized platform development	—		24		—		24
Total stock-based compensation	$	97	$	253	$	7	$	357


	Six Months Ended June 30, 2024
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	119	$	531	$	6	$	656
Selling and marketing	11		136		—		147
General and administrative	304		305		—		609
Total costs charged to operations	434		972		6		1,412
Capitalized platform development	—		228		—		228
Total stock-based compensation	$	434	$	1,200	$	6	$	1,640

Unrecognized compensation expense and expected weighted-average period to be recognized related to the stock-based compensation awards and equity-based awards as of June 30, 2025 were as follows:


	Restricted Stock		Equity Plans		Warrants		Totals
Unrecognized compensation cost	$	51	$	455	$	10	$	516
Weighted-average period over which cost is expected to be recognized (in years)	0.63		2.77		0.79		2.52

Vesting of Warrants – On January 2, 2024, in connection with the default under the Licensing Agreement, the performance based Warrants totaling 599,724 vested as a result of the default pursuant to certain provisions where all of the ABG Warrants automatically vest upon certain terminations of the Licensing Agreement by ABG. Of the ABG Warrants that vested, 449,793 had an exercise price of $9.24 per share and 149,931 had an exercise price of $18.48 per share. The accelerated vesting of the ABG Warrants did not result in any additional stock-based compensation expense during the three or six months ended June 30, 2024. The ABG Warrants were forfeited as part of the ABG settlement.