Compensation Plans

9 Months Ended

Sep. 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 September 30, 2025
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	—	$	13	$	3	$	16
Selling and marketing	—		10		—		10
General and administrative	38		22		—		60
Total costs charged to operations	38		45		3		86
Capitalized platform development	—		—		—		—
Total stock-based compensation	$	38	$	45	$	3	$	86


	Nine Months Ended September 30, 2025
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	—	$	109	$	10	$	119
Selling and marketing	12		42		—		54
General and administrative	123		121		—		244
Total costs charged to operations	135		272		10		417
Capitalized platform development	—		25		—		25
Total stock-based compensation	$	135	$	297	$	10	$	442


	Three Months Ended September 30, 2024
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	—	$	127	$	4	$	131
Selling and marketing	3		31		—		34
General and administrative	485		82		—		567
Total costs charged to operations	488		240		4		732
Capitalized platform development	—		17		—		17
Total stock-based compensation	$	488	$	257	$	4	$	749


	Nine months ended September 30, 2024
	Restricted Stock		Equity Plans		Warrants		Totals
Cost of revenue	$	119	$	658	$	10	$	787
Selling and marketing	14		167		—		181
General and administrative	789		387		—		1,176
Total costs charged to operations	922		1,212		10		2,144
Capitalized platform development	—		245		—		245
Total stock-based compensation	$	922	$	1,457	$	10	$	2,389

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


	Restricted Stock		Equity Plans		Warrants		Totals
Unrecognized compensation cost	$	99	$	281	$	3	$	383
Weighted-average period over which cost is expected to be recognized (in years)	0.66		3.17		0.37		2.50

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 nine months ended September 30, 2024. The ABG Warrants were forfeited as part of the ABG settlement.