Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.23.1
Segment Reporting
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The 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
March 31, 2023 March 31, 2022
Total Revenues:
Content Production & Distribution $ 13,233  $ 455 
Media Advisory & Advertising Services 956  986 
Total Revenue $ 14,189  $ 1,441 
Net Loss:
Content Production & Distribution $ (24,208) $ (4,040)
Media Advisory & Advertising Services (554) (491)
Total Operating Loss $ (24,762) $ (4,531)
Geographic Information
The following table provides information about disaggregated revenue by geographic area (in thousands):
Three Months Ended
March 31, 2023 March 31, 2022
Total Revenues:
United States $ 8,640  $ 553 
Canada 3,555  888 
United Kingdom 1,844  – 
Other 150  – 
Total Revenue $ 14,189  $ 1,441