Quarterly report [Sections 13 or 15(d)]

Film and Television Costs, net

v3.25.3
Film and Television Costs, net
9 Months Ended
Sep. 30, 2025
Other Industries [Abstract]  
Film and Television Costs, net

Note 8: Film and Television Costs, net

 

The following table highlights the activity in Film and Television Costs as of September 30, 2025 and December 31, 2024 (in thousands):

       
Film and Television Costs, net as of December 31, 2023   $ 1,295  
Additions to Film and Television Costs     1,653  
Disposals     (75 )
Film Amortization Expense     (231 )
Foreign Currency Translation Adjustment     (21 )
Film and Television Costs, net as of December 31, 2024   $ 2,621  
Additions to Film and Television Costs     2,113  
Disposals     (100 )
Film Amortization Expense     (153 )
Foreign Currency Translation Adjustment     20  
Film and Television Costs, net as of September 30, 2025   $ 4,501  

 

During the nine months ended September 30, 2025 and 2024, the Company recorded amortization expense of $0.2 million and $0.2 million, respectively.

 

During the nine month ended September 30, 2025, the Company recorded $0.1 million of write-downs related to projects not advancing beyond the development stage. Based on the review performed by the executive team it was determined, that certain projects would no longer be pursued. The Company did not record any write-downs on film costs during the nine months ended September 30, 2024.

 

The Company did not record any impairment charges on film costs during the nine months ended September 30, 2025 and 2024.