Quarterly report [Sections 13 or 15(d)]

Film and Television Costs, net

v3.26.1
Film and Television Costs, net
3 Months Ended
Mar. 31, 2026
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 March 31, 2026 and December 31, 2025 (in thousands):

       
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     (932 )
Foreign Currency Translation Adjustment     18  
Film and Television Costs, net as of December 31, 2025   $ 4,878  
Additions to Film and Television Costs     2,345  
Disposals     (34 )
Film Amortization Expense     (306 )
Foreign Currency Translation Adjustment     (20 )
Film and Television Costs, net as of March 31, 2026   $ 6,863  

 

During the three months ended March 31, 2026 and March 31, 2025, the Company recorded amortization expense of $0.3 million and $0.1 million, respectively.

 

During the three month ended March 31, 2026 and March 31, 2025, the Company recorded write-downs of $34,492 and $12,104, respectively, 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 impairment charges on film costs during the three month ended March 31, 2026 and March 31, 2025.