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Balance Sheet Components
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
The components of certain balance sheet amounts are as follows:
Accounts Receivable and Allowance for Credit Losses – The Company receives payments from advertising customers based upon contractual payment terms; accounts receivable is recorded when the right to consideration becomes unconditional and are generally collected within 90 days. The Company generally receives payments from digital subscription customers at the time of sign up for each subscription; accounts receivable from merchant credit card processors are recorded when the right to consideration becomes unconditional and are generally collected weekly. Accounts receivable have been reduced by an allowance for credit losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations. Accounts receivable are written off when deemed uncollectible and collection of the receivable is no longer
being actively pursued. Accounts receivable as of September 30, 2025 and December 31, 2024 of $26,201 and $31,115, respectively, are presented net of allowance for credit losses.
The following table summarizes the allowance for credit losses activity:
Nine Months Ended September 30, 2025Year Ended December 31, 2024
Allowance for credit losses beginning of year$1,458 $374 
Additions219 1,934 
Deductions - write-off(318)(850)
Allowance for credit losses end of period$1,359 $1,458 
Prepayments and Other Current Assets – Prepayments and other current assets are summarized as follows:
As of
September 30, 2025December 31, 2024
Prepaid expense$2,649 $2,078 
Prepaid supplies686 62 
Refundable income and franchise taxes119 149 
Employee retention credits2,468 2,468 
$5,922 $4,757 
Under the provisions of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and the subsequent extensions of the CARES Act, the Company was eligible for a refundable employee retention credit subject to certain criteria. As of September 30, 2025 and December 31, 2024, the Company has a receivable balance of $2,468 as presented in the above table.

Property and Equipment – Property and equipment are summarized as follows:
As of
September 30, 2025December 31, 2024
Office equipment and computers$1,777 $1,777 
Leasehold Improvements54 54 
Furniture and fixtures133 133 
1,964 1,964 
Less accumulated depreciation and amortization(1,903)(1,816)
Net property and equipment$61 $148 
Depreciation and amortization expense for the three months ended September 30, 2025 and 2024 was $15 and $56, respectively. Depreciation and amortization expense for the nine months ended September 30, 2025 and 2024 was $87 and $186, respectively. No impairment charges for the three or nine months ended September 30, 2025 and 2024 were incurred.
Platform Development – Platform development costs are summarized as follows:
As of
September 30, 2025December 31, 2024
Platform development$37,750 $31,434 
Less accumulated amortization(27,147)(23,319)
Net platform development$10,603 $8,115 
A summary of platform development activity for the nine months ended September 30, 2025 is as follows:
Platform development beginning of period$31,434 
Capitalized costs6,291 
Less dispositions— 
Total capitalized costs37,725 
Stock-based compensation25 
Impairments— 
Platform development end of period$37,750 
Amortization expense for platform development for the three months ended September 30, 2025 and 2024 was $1,444 and $1,474, respectively. Amortization expense for platform development for the nine months ended September 30, 2025 and 2024 was $3,828 and $4,530, respectively. Amortization expense for platform development is included in cost of revenue on the consolidated statements of operations and comprehensive loss. No impairment charges for platform development for the three or nine months ended September 30, 2025 and 2024 were recorded on the consolidated statements of operations and comprehensive loss.

Intangible Assets – Intangible assets subject to amortization consisted of the following:
September 30, 2025December 31, 2024
Carrying AmountAccumulated AmortizationNet Carrying AmountCarrying AmountAccumulated AmortizationNet Carrying Amount
Developed technology$17,333 $(17,333)$— $17,333 $(17,333)$— 
Trade name5,181 (1,989)3,192 5,181 (1,799)3,382 
Brand name13,115 (4,798)8,317 12,115 (3,729)8,386 
Subscriber relationships2,150 (1,570)580 2,150 (1,379)771 
Advertiser relationships14,519 (5,379)9,140 14,519 (4,269)10,250 
Database1,140 (1,140)— 1,140 (1,140)— 
Digital content355 (355)— 355 (355)— 
Total intangible assets$53,793 $(32,564)$21,229 $52,793 $(30,004)$22,789 
Intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. Amortization expense for the three months ended September 30, 2025 and 2024 was $862 and $849, respectively, and is included in cost of revenue on the condensed consolidated statements of operations and comprehensive loss. Amortization expense for the nine months ended September 30, 2025 and 2024 was $2,561 and 2,619, respectively, and is included in cost of revenue on the condensed consolidated statements of operations and comprehensive loss.
No impairment charges from continuing operations for the three months ended September 30, 2025 and 2024 was recorded for intangible assets. Impairment charges for the nine months ended September 30, 2024 of $1,198 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 consolidated statements of operations and comprehensive loss. There were no impairment charges for the nine months ended September 30, 2025.
Accrued Expenses and Other – Accrued expenses and other are summarized as follows:
As of
September 30, 2025December 31, 2024
General accrued expenses$2,236 $2,140 
Accrued payroll and related taxes148 3,805 
Accrued publisher expenses3,458 4,066 
Liabilities in connection with acquisitions and dispositions— 30 
Assumed lease liability— 390 
Other accrued expense1,418 559 
Total accrued expenses and other$7,260 $10,990