v3.26.1
SEGMENT INFORMATION - Segment Adjusted EBITDA to loss from consolidated operations (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Segment Reporting Information [Line Items]    
Litigation settlement costs $ 3,100  
Stock-based compensation 1,900 $ 5,700
Depreciation and amortization 18,073 7,716
Interest expense 38,806 48,571
Gain on retirement of debt (44,009) (23,271)
Other expense (income), net 463 (896)
Loss from consolidated operations before benefit from (provision for) income taxes (162,889) (94,009)
Operating segments    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA 86,942 129,451
Less: Corporate/Eliminations/Other (30,285) (25,988)
Corporate costs 2,211 8,658
Litigation settlement costs 3,078 0
Debt refinancing costs 7,698 0
Severance-related costs 1,753 2,712
Loss from ceased non-core business initiatives 242 2,491
Stock-based compensation 1,907 5,716
Depreciation and amortization 18,073 7,716
Impairment of goodwill and intangible assets 191,816 151,755
Interest and investment income (2,492) (5,980)
Interest expense 38,806 48,571
Gain on retirement of debt (44,009) (23,271)
Other expense (income), net 463 (896)
Loss from consolidated operations before benefit from (provision for) income taxes (162,889) (94,009)
Operating segments | Radio Broadcasting    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA 25,604 38,097
Litigation settlement costs 3,078  
Severance-related costs 1,158 1,350
Operating segments | Reach Media    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA (1,555) 11,628
Litigation settlement costs 0  
Severance-related costs 177 137
Operating segments | Digital    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA 2,484 13,059
Litigation settlement costs 0  
Severance-related costs 37 252
Operating segments | Cable Television    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA 60,409 66,667
Litigation settlement costs 0  
Severance-related costs $ 6 $ 431