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Balance Sheet Components
 9 Months Ended
Sep. 30, 2026
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, performance marketing and syndication customers based upon contractual payment terms; accounts receivable are recorded when the right to consideration becomes unconditional and are generally collected within 90 days. 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, 2026 and December 31, 2025 of $17,682 and $22,270, respectively, are presented net of allowance for credit losses.
The following table summarizes the allowance for credit losses activity:
Nine Months Ended September 30, 2026Year Ended December 31, 2025
Allowance for credit losses beginning of year$1,255 $1,458 
Additions— 614 
Reduction in reserve(19)— 
Deductions - write-off(353)(817)
Allowance for credit losses end of period$883 $1,255 
Prepayments and Other Current Assets – Prepayments and other current assets are summarized as follows:
As of
September 30, 2026December 31, 2025
Prepaid expense$707 $1,102 
Prepaid supplies242 626 
Employee retention credits— 1,294 
Total prepayments and other current assets$949 $3,022 
The Company believed it qualified for a refundable employee retention credit under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and its subsequent extensions, provided certain criteria were met. However, the Company was notified in August 2026 that its employee retention credit claim had been disallowed. Consequently, the outstanding receivable balance shown in the table above is $0 as of September 30, 2026 compared to $1,294 as of December 31, 2025. The Company plans to appeal this decision.

Property and Equipment – Property and equipment are summarized as follows:
As of
September 30, 2026December 31, 2025
Office equipment and computers$1,777 $1,777 
Leasehold improvements54 54 
Furniture and fixtures133 133 
1,964 1,964 
Less accumulated depreciation and amortization(1,925)(1,908)
Net property and equipment$39 $56 
Depreciation and amortization expense for the three months ended September 30, 2026 and 2025 was $2 and $15, respectively. Depreciation and amortization expense for the nine months ended September 30, 2026 and 2025 was $17 and $87, respectively. No impairment charges for either the three and nine months ended September 30, 2026 or 2025 were incurred.
Platform Development – Platform development costs are summarized as follows:
As of
September 30, 2026December 31, 2025
Platform development$12,410 $38,499 
Less accumulated amortization(5,040)(28,737)
Net platform development$7,370 $9,762 
A summary of platform development activity for the nine months ended September 30, 2026 is as follows:
Platform development beginning of period$38,499 
Capitalized costs769 
Less dispositions (1)(26,858)
Total capitalized costs12,410 
Platform development end of period$12,410 
(1) Dispositions represent fully amortized legacy platform costs written-off upon decommissioning and replacement.
Amortization expense for platform development for the three months ended September 30, 2026 and 2025 was $1,058 and $1,444, respectively. Amortization expense for platform development for the nine months ended September 30, 2026 and 2025 was $3,186 and $3,828, respectively. Amortization expense for platform development is included in cost of revenue on the condensed consolidated statements of operations. No impairment charges for platform development for either the three and nine months ended September 30, 2026 or 2025 were recorded on the condensed consolidated statements of operations.
Intangible Assets – Intangible assets subject to amortization consisted of the following:
As of September 30, 2026As of December 31, 2025
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Developed technology$1,647 $(91)$1,556 $17,333 $(17,333)$— 
Brand name14,265 (5,225)9,040 15,115 (5,118)9,997 
Trade name4,433 (1,493)2,940 5,181 (2,052)3,129 
Subscriber relationships2,150 (2,056)94 2,150 (1,634)516 
Advertiser relationships14,766 (6,881)7,885 14,519 (5,749)8,770 
Database— — — 1,140 (1,140)— 
Digital content— — — 355 (355)— 
Total intangible assets$37,261 $(15,746)$21,515 $55,793 $(33,381)$22,412 
Intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. Amortization expense for the three months ended September 30, 2026 and 2025 was $1,005 and $862, respectively, and is included in depreciation and amortization on the condensed consolidated statements of operations. Amortization expense for the nine months ended September 30, 2026 and 2025 was $2,791 and $2,561, respectively, and is included in Depreciation and amortization on the condensed consolidated statements of operations.
No impairment charges from continuing operations were recorded for intangible assets for the three or nine months ended September 30, 2026 and 2025.
Accrued Expenses and Other – Accrued expenses and other are summarized as follows:
As of
September 30, 2026December 31, 2025
General accrued expenses$1,977 $3,264 
Accrued payroll and related taxes305 89 
Accrued publisher expenses2,238 3,619 
Acquisition-related collections payable60 320 
Other accrued expenses50 339 
Total accrued expenses and other$4,630 $7,631