XML 75 R64.htm IDEA: XBRL DOCUMENT v3.26.3
Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
May 12, 2025
Debt Instrument [Line Items]          
Amortization of debt costs $ 11 $ 32 $ 39 $ 95  
Cash paid interest 2,497 2,836 7,409 8,722  
Less: Interest Income (35) (11) (104) (11)  
Total interest expense, net 2,473 2,857 7,344 8,806  
Total stock-based compensation 20 85 129 417  
Share-Based Payment Arrangement, Amount Capitalized   0   25  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount, Total   85   442  
Revenue 20,544 29,760 63,133 106,587  
Amortization cost 1,058 1,444      
Selling and marketing 2,168 1,342 5,844 5,418  
General and administrative 4,267 3,213 12,563 14,696  
Depreciation and amortization 1,007 877 2,808 2,648  
Liquidated damages 77 77 228 228  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (3,480) 6,561 (6,526) 24,235  
TravelHost LLC          
Debt Instrument [Line Items]          
Membership interest acquired         100.00%
Digital advertising          
Debt Instrument [Line Items]          
Revenue 12,340 17,946 37,038 71,456  
Digital subscriptions          
Debt Instrument [Line Items]          
Revenue 784 1,492 2,405 4,642  
Publisher revenue          
Debt Instrument [Line Items]          
Revenue 3,209 5,495 10,964 14,220  
Performance marketing          
Debt Instrument [Line Items]          
Revenue 2,792 4,043 8,190 14,563  
Other digital revenue          
Debt Instrument [Line Items]          
Revenue 1,312 291 3,957 761  
Digital revenue          
Debt Instrument [Line Items]          
Revenue 20,437 29,267 62,554 105,642  
Print revenue          
Debt Instrument [Line Items]          
Revenue 107 493 579 945  
Operating segments          
Debt Instrument [Line Items]          
Revenue 20,544 29,760 63,133 106,587  
Segment Gross Profit 10,598 17,023 32,869 64,341  
Operating segments | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 6,293 8,290 18,606 37,476  
External Cost of Content 980 1,205 2,819 6,353  
Internal Cost of Content 1,590 1,541 4,665 5,273  
Technology costs 698 958 2,096 2,880  
Print, distribution and fulfillment costs 11 0 14 (46)  
Other segment items 5 0 34 4  
Segment Gross Profit 3,009 4,586 8,978 23,012  
Operating segments | Finance          
Debt Instrument [Line Items]          
Revenue 5,785 9,223 16,910 30,418  
External Cost of Content 742 905 2,442 2,859  
Internal Cost of Content 1,071 1,773 2,932 5,659  
Technology costs 326 723 767 1,784  
Print, distribution and fulfillment costs 0 0 0 0  
Other segment items 0 0 0 2  
Segment Gross Profit 3,646 5,822 10,769 20,114  
Operating segments | Lifestyle          
Debt Instrument [Line Items]          
Revenue 6,697 9,848 21,329 30,002  
External Cost of Content 992 1,352 3,469 3,534  
Internal Cost of Content 1,457 1,618 4,135 6,024  
Technology costs 416 683 1,110 1,748  
Print, distribution and fulfillment costs 71 275 301 571  
Other segment items 0 0 27 0  
Segment Gross Profit 3,761 5,920 12,287 18,125  
Operating segments | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     6,288 8,691  
External Cost of Content     2,015 4,918  
Internal Cost of Content     915 191  
Technology costs     651 1,133  
Print, distribution and fulfillment costs     0 (659)  
Other segment items     1,872 18  
Segment Gross Profit     835 3,090  
Operating segments | Digital advertising | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 3,949 4,875 10,586 27,104  
Operating segments | Digital advertising | Finance          
Debt Instrument [Line Items]          
Revenue 3,372 5,318 10,287 17,531  
Operating segments | Digital advertising | Lifestyle          
Debt Instrument [Line Items]          
Revenue 4,439 6,268 14,240 20,244  
Operating segments | Digital advertising | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     1,925 6,577  
Operating segments | Digital subscriptions | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 0 0 0 0  
Operating segments | Digital subscriptions | Finance          
Debt Instrument [Line Items]          
Revenue 750 1,499 2,250 4,627  
Operating segments | Digital subscriptions | Lifestyle          
Debt Instrument [Line Items]          
Revenue 0 0 0 0  
Operating segments | Digital subscriptions | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     155 15  
Operating segments | Publisher revenue | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 1,384 2,350 5,053 6,601  
Operating segments | Publisher revenue | Finance          
Debt Instrument [Line Items]          
Revenue 697 502 1,911 1,602  
Operating segments | Publisher revenue | Lifestyle          
Debt Instrument [Line Items]          
Revenue 898 1,934 2,855 4,552  
Operating segments | Publisher revenue | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     1,145 1,465  
Operating segments | Performance marketing | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 640 910 2,073 3,516  
Operating segments | Performance marketing | Finance          
Debt Instrument [Line Items]          
Revenue 904 1,900 2,319 6,651  
Operating segments | Performance marketing | Lifestyle          
Debt Instrument [Line Items]          
Revenue 1,234 1,233 3,710 4,396  
Operating segments | Performance marketing | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     88 0  
Operating segments | Other digital revenue | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 307 80 762 127  
Operating segments | Other digital revenue | Finance          
Debt Instrument [Line Items]          
Revenue 62 0 133 0  
Operating segments | Other digital revenue | Lifestyle          
Debt Instrument [Line Items]          
Revenue 32 (1) 88 0  
Operating segments | Other digital revenue | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     2,974 634  
Operating segments | Digital revenue | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 6,280 8,215 18,474 37,348  
Operating segments | Digital revenue | Finance          
Debt Instrument [Line Items]          
Revenue 5,785 9,219 16,900 30,411  
Operating segments | Digital revenue | Lifestyle          
Debt Instrument [Line Items]          
Revenue 6,603 9,434 20,893 29,192  
Operating segments | Digital revenue | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     6,287 8,691  
Operating segments | Print revenue | Sports & Leisure          
Debt Instrument [Line Items]          
Revenue 13 75 132 128  
Operating segments | Print revenue | Finance          
Debt Instrument [Line Items]          
Revenue 0 4 10 7  
Operating segments | Print revenue | Lifestyle          
Debt Instrument [Line Items]          
Revenue 94 414 436 810  
Operating segments | Print revenue | Platform Segment [Member]          
Debt Instrument [Line Items]          
Revenue     1 0  
Reconciling items          
Debt Instrument [Line Items]          
Total interest expense, net 2,473 2,857 7,344 8,806  
Internal Cost of Content 564 (279) 1,556 906  
Technology costs 2,464 931 5,866 3,576  
Amortization cost 1,058 1,444 3,186 3,828  
Selling and marketing 2,168 1,342 5,844 5,418  
General and administrative 4,267 3,213 12,563 14,696  
Depreciation and amortization 1,007 877 2,808 2,648  
Liquidated damages 77 77 228 228  
Unallocated Costs 14,078 10,462 39,395 40,106  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (3,480) 6,561 (6,526) 24,235  
Simplify | Related Party          
Debt Instrument [Line Items]          
Total interest expense, net 0 7 0 315  
Agency 5, LLC          
Debt Instrument [Line Items]          
Related party, transaction amount 0 0 51 0  
Location, Statement of Income, Balance [Axis]: us-gaap:CostOfRevenue          
Debt Instrument [Line Items]          
Total stock-based compensation 1 16 6 119  
Location, Statement of Income, Balance [Axis]: us-gaap:GeneralAndAdministrativeExpense          
Debt Instrument [Line Items]          
Total stock-based compensation 19 59 122 244  
Location, Statement of Income, Balance [Axis]: us-gaap:SellingAndMarketingExpense          
Debt Instrument [Line Items]          
Total stock-based compensation 0 10 1 54  
Term Debt          
Debt Instrument [Line Items]          
Amortization of debt costs 11 32 39 95  
Cash paid interest 2,497 2,829 7,409 8,394  
Simplify Loan          
Debt Instrument [Line Items]          
Cash paid interest 0 7 0 315  
Other          
Debt Instrument [Line Items]          
Cash paid interest $ 0 $ 0 $ 0 $ 13