Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.24.1.1.u2
Segment Reporting
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s Chief Operating Decision Maker (“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 condensed 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 March 31,
2024 2023
Total Revenues:
Content Production & Distribution $ 5,192  $ 13,233 
Media Advisory & Advertising Services 886  956 
Total Revenues $ 6,078  $ 14,189 
Net Loss:
Content Production & Distribution $ (6,739) $ (23,274)
Media Advisory & Advertising Services (306) (554)
Total Net Loss $ (7,045) $ (23,828)
Geographic Information
The following table provides information about disaggregated revenue by geographic area (in thousands):
Three Months Ended March 31,
2024 2023
Total Revenues:
United States $ 3,181  $ 8,624 
Canada 140  3,616 
United Kingdom 2,559  1,799 
Other 198  150 
Total Revenues $ 6,078  $ 14,189