Annual report [Section 13 and 15(d), not S-K Item 405]

Film and Television Costs, net

v3.26.1
Film and Television Costs, net
 12 Months Ended
Dec. 31, 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 December 31, 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     3,259  
Disposals     (88 )
Film Amortization Expense and Impairment Losses     (932 )
Foreign Currency Translation Adjustment     18  
Film and Television Costs, net as of December 31, 2025   $ 4,878  

 

During the year ended December 31, 2025, the Company recorded amortization expense of $0.9 million, which included impairment charges of $28,239. During the year ended December 31, 2024, the Company recorded amortization expense of $0.2 million and did not record any impairment charges.

 

For the years ended December 31, 2025 and December 31, 2024, the Company recorded film and television cost write-downs of $0.1 million and $0.1 million, respectively. These write-downs were recognized following executive management review of inactive projects that were not advancing to the production stage, primarily due to limited interest from potential partners and the broader economic environment affecting the entertainment industry.