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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenue $ 277,445 $ 239,006
Expenses:    
Cost of revenue - digital 203,229 167,756
Direct operating expenses (including related parties of $1,400 and $1,421) (including non-cash stock-based compensation of $1,785 and $1,856) 35,572 29,862
Selling, general and administrative expenses 26,695 22,768
Corporate expenses (including non-cash stock-based compensation of $3,662 and $2,197) 12,248 10,502
Depreciation and amortization (including related parties of $232 and $232) 7,133 6,471
Change in fair value of contingent consideration (1,420) (4,065)
Impairment charge 49,438  
Foreign currency (gain) loss 449 (956)
Operating income (loss) (55,899) 6,668
Interest expense (4,559) (4,028)
Interest income 1,130 860
Dividend income 10 18
Realized gain (loss) on marketable securities (113) (32)
Gain (loss) on debt extinguishment (40) (1,556)
Income (loss) before income taxes (59,471) 1,930
Income tax benefit (expense) 7,802 (231)
Net income (loss) (51,669) 1,699
Net (income) loss attributable to redeemable noncontrolling interest 2,779  
Net (income) loss attributable to noncontrolling interest   342
Net income (loss) attributable to common stockholders $ (48,890) $ 2,041
Basic and diluted earnings per share:    
Net income (loss) per share attributable to common stockholders, basic $ (0.55) $ 0.02
Net income (loss) per share attributable to common stockholders, diluted (0.55) 0.02
Cash dividends declared per common share $ 0.05 $ 0.05
Weighted average common shares outstanding, basic 89,518,058 87,623,887
Weighted average common shares outstanding, diluted 89,518,058 89,786,585