v3.26.1
PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the related estimated useful lives. Property and equipment consist of the following:
As of December 31,Estimated
Useful Lives
20252024
(in thousands)
Land and improvements$3,591 $3,592 — 
Buildings3,247 3,247 31 years
Transmitters and tower equipment18,336 17,777 
7‑31 years
Equipment13,086 11,513 
3‑7 years
Furniture and fixtures1,178 1,197 6 years
Software and web development8,814 7,468 3 years
Leasehold improvements7,839 8,243 Lesser of useful life or lease term
Construction-in-progress7,702 760 — 
63,793 53,797 
Less: accumulated depreciation (30,409)(25,975)
Property and equipment, net$33,384 $27,822