Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.23.2
Segment Reporting
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment ReportingThe Company’s CODM uses revenue and net earnings to evaluate the profitability and performance of each operating segment. All other financial information is reviewed by the CODM on a consolidated basis. The CODM does not evaluate the operating segments using asset information and it is therefore not disclosed. All expenses directly attributable
to each reportable segment are included in the operating results for each segment. However, the CODM does not evaluate the expenses by operating segment and, therefore, it is not separately presented.
The following table presents the revenue and net earnings within the Company's two operating segments (in thousands):
Three Months Ended Six Months Ended
June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
Total Revenues:
Content Production & Distribution $ 10,148  $ 21,042  $ 23,381  $ 21,496 
Media Advisory & Advertising Services 890  1,082  1,846  2,067 
Total Revenue $ 11,038  $ 22,124  $ 25,227  $ 23,563 
Net Loss:
Content Production & Distribution $ (14,697) $ (12,823) $ (38,905) $ (16,860)
Media Advisory & Advertising Services (533) (520) (1,087) (1,012)
Total Net Loss $ (15,230) $ (13,343) $ (39,992) $ (17,872)
Geographic Information
The following table provides information about disaggregated revenue by geographic area (in thousands):
Three Months Ended Six Months Ended
June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022
Total Revenues:
United States $ 7,362  $ 15,441  $ 16,001  $ 15,993 
Canada 1,871  5,709  5,426  6,596 
United Kingdom 1,747  974  3,591  974 
Other 58  —  209  — 
Total Revenue $ 11,038  $ 22,124  $ 25,227  $ 23,563