Spark Networks SE (LOVLY) 10-Q 14 Aug 23 2023 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2023	Aug. 08, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-38252
Entity Registrant Name	Spark Networks SE
Entity Incorporation, State or Country Code	2M
Entity Address, Address Line One	Kohlfurter Straße 41/43
Entity Address, City or Town	Berlin
Entity Address, Country	DE
Entity Address, Postal Zip Code	10999
Country Region	+49
City Area Code	30
Local Phone Number	868000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,625,475
Entity Central Index Key	0001705338
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
ADR
Document Information [Line Items]
Title of 12(b) Security	American Depository Shares each representing one-tenth of an ordinary share
Trading Symbol	LOV
Security Exchange Name	NASDAQ
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Ordinary shares, €1.00 nominal value per share*
Trading Symbol
Security Exchange Name

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,683	$ 11,438
Accounts receivable, net of allowance of $566 and $85, respectively	5,473	5,154
Prepaid expenses	3,166	3,514
Other current assets	1,654	1,557
Total current assets	15,976	21,663
Property and equipment, net of accumulated depreciation of $5,474 and $4,782, respectively	5,769	4,956
Goodwill	98,620	119,276
Intangible assets, net of accumulated amortization of $17,425 and $16,798, respectively	10,393	13,299
Other assets	4,028	5,183
Total assets	134,786	164,377
Current liabilities:
Debt	94,197	94,817
Accounts payable	7,142	6,487
Deferred revenue	27,401	28,085
Accrued expenses and other current liabilities	27,611	24,247
Total current liabilities	156,351	153,636
Deferred tax liabilities	368	409
Other liabilities	16,697	17,118
Total liabilities	173,416	171,163
Contingencies (Note 7)
Shareholders' Deficit:
Common stock, €1.00 nominal value; 3,992,078 shares authorized; 2,661,386 shares issued; 2,625,476 and 2,623,820 shares outstanding as of June 30, 2023 and December 31, 2022	3,064	3,064
Treasury stock, at €1.00 nominal value; 35,910 shares as of June 30, 2023 and 37,566 shares as of December 31, 2022	(40)	(42)
Additional paid-in capital	224,915	224,506
Accumulated deficit	(275,878)	(244,593)
Accumulated other comprehensive income	9,309	10,279
Total shareholders' deficit	(38,630)	(6,786)
Total liabilities and shareholders' deficit	$ 134,786	$ 164,377

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) $ in Thousands	Jun. 30, 2023 USD ($) shares	Jun. 30, 2023 € / shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2022 € / shares
Assets
Accounts receivable, allowance | $	$ 566		$ 85
Property, plant and equipment, accumulated depreciation | $	5,474		4,782
Intangible assets, accumulated amortization | $	$ 17,425		$ 16,798
Shareholders' Deficit:
Common stock, nominal value (in Euro per share) | € / shares		€ 1		€ 1
Common stock, shares authorized (in shares)	3,992,078		3,992,078
Common stock, issued (in shares)	2,661,386		2,661,386
Common stock, outstanding (in shares)	2,625,476		2,623,820
Treasury stock, shares (in shares)	35,910		37,566

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Revenue	$ 41,202	$ 48,035	$ 82,541	$ 97,942
Operating costs and expenses:
Cost of revenue, exclusive of depreciation and amortization	22,790	36,356	50,082	70,602
Other operating expenses	18,920	14,520	32,426	29,955
Depreciation and amortization	625	577	1,243	1,180
Impairment of intangible assets	21,847	0	22,947	0
Total operating costs and expenses	64,182	51,453	106,698	101,737
Operating loss	(22,980)	(3,418)	(24,157)	(3,795)
Other income (expense):
Interest income	7	0	47	0
Interest expense	(4,065)	(2,706)	(7,922)	(9,588)
Gain (Loss) on foreign currency transactions	(216)	(2,441)	464	(3,208)
Other income (expense)	276	(3)	276	260
Total other expense, net	(3,998)	(5,150)	(7,135)	(12,536)
Loss before income taxes	(26,978)	(8,568)	(31,292)	(16,331)
Income tax benefit (expense)	52	(193)	7	99
Net loss	(26,926)	(8,761)	(31,285)	(16,232)
Other comprehensive (loss) income:
Foreign currency translation adjustment	145	3,880	(970)	4,973
Comprehensive loss	$ (26,781)	$ (4,881)	$ (32,255)	$ (11,259)
Loss per share:
Basic earnings (loss) per share (in USD per share)	$ (10.26)	$ (3.35)	$ (11.92)	$ (6.20)
Diluted earnings (loss) per share (in USD per share)	$ (10.26)	$ (3.35)	$ (11.92)	$ (6.20)
Weighted average shares outstanding:
Basic (in shares)	2,625,476	2,617,397	2,625,137	2,617,397
Diluted (in shares)	2,625,476	2,617,397	2,625,137	2,617,397

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' (Deficit) Equity - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income
Beginning of period (in shares) at Dec. 31, 2021		2,661,386
Beginning of period at Dec. 31, 2021	$ 32,693	$ 3,064	$ (48)	$ 223,103	$ (200,403)	$ 6,977
Beginning of period, treasury stock (in shares) at Dec. 31, 2021			(43,989)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	992			992
Net loss	(16,232)				(16,232)
Foreign currency translation adjustment	4,973					4,973
End of period (in shares) at Jun. 30, 2022		2,661,386
End of period at Jun. 30, 2022	22,426	$ 3,064	$ (48)	224,095	(216,635)	11,950
End of period, treasury stock (in shares) at Jun. 30, 2022			(43,989)
Beginning of period (in shares) at Mar. 31, 2022		2,661,386
Beginning of period at Mar. 31, 2022	26,817	$ 3,064	$ (48)	223,605	(207,874)	8,070
Beginning of period, treasury stock (in shares) at Mar. 31, 2022			(43,989)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	490			490
Net loss	(8,761)				(8,761)
Foreign currency translation adjustment	3,880					3,880
End of period (in shares) at Jun. 30, 2022		2,661,386
End of period at Jun. 30, 2022	$ 22,426	$ 3,064	$ (48)	224,095	(216,635)	11,950
End of period, treasury stock (in shares) at Jun. 30, 2022			(43,989)
Beginning of period (in shares) at Dec. 31, 2022	2,623,820	2,661,386
Beginning of period at Dec. 31, 2022	$ (6,786)	$ 3,064	$ (42)	224,506	(244,593)	10,279
Beginning of period, treasury stock (in shares) at Dec. 31, 2022	(37,566)		(37,566)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	$ 424			424
Treasury stock issued pursuant to equity-based plans (in shares)			1,656
Treasury stock issued pursuant to equity-based plans	(13)		$ 2	(15)
Net loss	(31,285)				(31,285)
Foreign currency translation adjustment	$ (970)					(970)
End of period (in shares) at Jun. 30, 2023	2,625,476	2,661,386
End of period at Jun. 30, 2023	$ (38,630)	$ 3,064	$ (40)	224,915	(275,878)	9,309
End of period, treasury stock (in shares) at Jun. 30, 2023	(35,910)		(35,910)
Beginning of period (in shares) at Mar. 31, 2023		2,661,386
Beginning of period at Mar. 31, 2023	$ (12,100)	$ 3,064	$ (40)	224,664	(248,952)	9,164
Beginning of period, treasury stock (in shares) at Mar. 31, 2023			(35,910)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	251			251
Net loss	(26,926)				(26,926)
Foreign currency translation adjustment	$ 145					145
End of period (in shares) at Jun. 30, 2023	2,625,476	2,661,386
End of period at Jun. 30, 2023	$ (38,630)	$ 3,064	$ (40)	$ 224,915	$ (275,878)	$ 9,309
End of period, treasury stock (in shares) at Jun. 30, 2023	(35,910)		(35,910)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Net cash used in operating activities
Net loss	$ (26,926)	$ (8,761)		$ (31,285)	$ (16,232)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization				1,243	1,180
Impairment of intangible assets	21,847	0	$ 0	22,947	0
Loss on tangible and intangible assets				0	30
Unrealized (gain) loss on foreign currency transactions				(140)	3,837
Stock-based compensation expense				424	992
Amortization of debt issuance costs and accretion of debt discounts				1,124	1,343
Non-cash PIK interest				83	0
Loss on extinguishment of debt				0	3,964
Deferred tax expense				(40)	(158)
Provision for credit losses				44	256
Non-cash lease expense				1,134	1,092
Change in operating assets and liabilities:
Accounts receivable				(329)	326
Prepaid expenses and other current assets				285	(2,687)
Other assets				55	(5)
Accounts payable, accrued expenses, and other current liabilities				3,838	(2,980)
Other liabilities				(1,113)	(1,045)
Deferred revenue				(940)	(608)
Net cash used in operating activities				(2,670)	(10,695)
Net cash used in investing activities
Capital expenditures				(1,393)	(1,268)
Net cash used in investing activities				(1,393)	(1,268)
Net cash (used in) provided by financing activities
Proceeds from debt, net of discount and issuance costs				0	97,750
Repayment of debt				(1,250)	(85,552)
Debt issuance costs paid to third parties				0	(3,531)
Payment of early extinguishment of debt charge				0	(893)
Net cash (used in) provided by financing activities				(1,250)	7,774
Net change in cash and cash equivalents and restricted cash				(5,313)	(4,189)
Effects of exchange rate fluctuations on cash and cash equivalents and restricted cash				(439)	(613)
Net decrease in cash and cash equivalents and restricted cash				(5,752)	(4,802)
Cash and cash equivalents and restricted cash at beginning of period			$ 16,279	11,569	16,279	$ 16,279
Cash and cash equivalents and restricted cash at end of period	5,817	11,477		5,817	11,477	11,569
Supplemental disclosure of cash flow information:
Cash paid for interest including payment of early extinguishment of debt charges of $0 and $893, respectively				6,713	5,107
Cash paid for income taxes				260	2,538
Property and equipment in accounts payable and accrued liabilities				279	69
Debt amendment PIK fee added to principal balance				250	0
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets
Cash and cash equivalents	5,683			5,683		11,438
Restricted cash included in other current assets	134			134		131
Cash and cash equivalents and restricted cash at end of period	$ 5,817	$ 11,477		$ 5,817	$ 11,477	$ 11,569

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Statement of Cash Flows [Abstract]
Loss on extinguishment of debt	$ 0	$ 893

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies Description of Business Spark Networks SE (the "Company") is a leader in social dating platforms for meaningful relationships focusing on the 40+ age demographic and faith-based affiliations, including Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, among others. The Company's brands are tailored to quality dating with real users looking for love and companionship in a safe and comfortable environment. The Company is domiciled in Germany with significant corporate operations, including executive leadership, accounting and finance, located in the United States. Except where the context clearly indicates otherwise, the terms “the Company,” “Spark Networks,” “we,” “us” or “our” refer to Spark Networks SE and its consolidated subsidiaries. Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with generally accepted accounting principles in the United States ("U.S. GAAP") and applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC"), regarding interim financial reporting. The condensed consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated in consolidation. In management's opinion, the unaudited condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect, in management’s opinion, all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of the Company's balance sheets, statement of operations and comprehensive loss, statement of shareholders' equity and statement of cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the Company's entire fiscal year. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2022 ("2022 Form 10-K"). Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. Significant estimates and assumptions are required in the determination of: revenue reserves, deferred tax asset valuation allowances, unrecognized tax benefits, classification and measurement of virtual stock option plans, and annual impairment testing of goodwill and indefinite-lived intangible assets. The Company evaluates its estimates and judgements on an ongoing basis based on historical experience, expectations of future events and various other factors that it believes to be reasonable under the circumstances and revises them when necessary. Actual results may differ from the original or revised estimates. Liquidity and Capital Resources Going Concern The Company's financial statements are prepared in accordance with U.S. GAAP, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. As of the date of the financial statements, there is substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. Principal conditions and events leading to this conclusion are that the Company has generated losses from operations, continues to have declines in revenues, incurred impairment charges to its Zoosk goodwill and intangible assets, has cash outflows from operations and has a working capital deficiency. Based on these conditions and events, we may not be able to comply with the covenants under our Financing Agreement (see Note 6. Debt) over the next 12 months, specifically related to the maximum leverage ratio covenant. The Company plans to alleviate these conditions and events by implementing additional cost reduction measures to reduce our operating expenses and optimize our net working capital and profit. On March 29, 2023, we entered into an Amendment and Forbearance Agreement with our lender, MGG Investment Group LP, due to not delivering financial statements accompanied by a report and an opinion that does not include any qualification, exception or explanatory paragraph expressing substantial doubt about the ability to continue as a going concern (“Event of Default”). Among other terms, this agreement contains terms that state during the forbearance period, defined as the date of the Agreement through the earlier of May 15, 2023 or the occurrence of a Termination Event (as defined in the Amendment and Forbearance Agreement), our lender agrees to forbear from exercising any of its remedies with respect to this Event of Default. Based on these facts and circumstances, we have reclassified the debt from long-term to current within the Unaudited Condensed Consolidated Balance Sheets. On May 15, 2023, we entered into Amendment No. 1 to Forbearance Agreement with MGG, pursuant to which the forbearance period was extended through the earlier of May 25, 2023 or the occurrence of a Termination Event. On May 25, 2023, the Company entered into Amendment No. 2 to Forbearance Agreement (the “Second Amendment”) which extended the forbearance period termination date to June 15, 2023 and removed from the forbearance the Company’s failure to deliver to the collateral agent a control agreement (as moot). No other changes were made to the Financing Agreement. On June 15, 2023, the Company entered into Amendment No. 3 to Forbearance Agreement (the “Third Amendment”) which extends the forbearance period termination date to July 14, 2023, conditioned on (i) by June 19, 2023, the delivery to MGG of an engagement letter appointing an individual of Ankura Consulting Group, LLC (“Ankura”) as special project officer, (ii) by June 30, 2023, the Company must cause its financial advisor to deliver to MGG a bottoms-up, step-by-step operational performance improvement plan with a fully integrated financial model, including restructuring options and future capital and liquidity requirements of the Company (the “Transition Plan”), (iii) by July 7, 2023, approval by the Company’s board of directors of the Transition Plan; and (iv) by July 7, 2023, the Company must engage an auditor to provide an IDW-S6 opinion. On July 14, 2023, the Company entered into Amendment No. 4 to Forbearance Agreement (the “Fourth Amendment”) which extended the forbearance period termination date to July 21, 2023. On July 21, 2023, the Company entered into Amendment No. 5 to Forbearance Agreement (the “Fifth Amendment”) which extended the forbearance period termination date to July 28, 2023 and added to the forbearance the Company’s failure to meet minimum marketing spend requirements over a twelve month period . On July 28, 2023, the Company entered into Amendment No. 6 to Forbearance Agreement (the “Sixth Amendment”) which extended the forbearance period termination date to August 4, 2023. On August 4, 2023, the Company entered into Amendment No. 7 to Forbearance Agreement (the “Seventh Amendment”) which extends the forbearance period termination date to August 11, 2023 and adds to the forbearance the Company’s failure to maintain minimum liquidity. On August 11, 2023, the Company entered into Amendment No. 8 to Forbearance Agreement (the "Eighth Amendment") which extends the forbearance period termination date to September 1, 2023. If we are not able to extend the forbearance period or renegotiate certain terms of the Financing Agreement, our lender could declare all or any portion of the loans then outstanding to be accelerated and due and payable, including the aggregate principal of loans outstanding, accrued and unpaid interest thereon, and all fees, premiums and other amounts payable under the Financing Agreement. Our lender could also require that we and our subsidiaries that have guaranteed our indebtedness pay the obligations in full, and exercise all of its available remedies as a secured party following an event of default with respect to all of our and our subsidiary guarantors’ assets that serve as collateral securing our indebtedness, including foreclosing on, and disposing of, our and our subsidiary guarantors’ assets. If any such demand was to be made, there can be no assurance that our assets would be sufficient to repay the indebtedness in full; if our assets were insufficient to repay the indebtedness in full following such a demand, and if we were not able to come to a satisfactory arrangement with our lender to restructure our indebtedness, possible outcomes for the Company would include filing for bankruptcy or being forced into bankruptcy. If any of these events were to occur, our ability to fund our operations could be materially impaired. Recently Adopted Accounting Pronouncements There were no new accounting pronouncements issued by the Financial Accounting Standards Board during the three and six months ended June 30, 2023 and through the date of filing of this report that had or are expected to have a material impact on the Company’s financial position, results of operations or cash flows.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue	RevenueFor the three and six months ended June 30, 2023 and 2022, revenue was as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Subscription revenue $ 39,295 $ 45,975 $ 78,656 $ 93,517 Virtual currency revenue 1,287 1,440 2,619 2,965 Advertising revenue 620 620 1,266 1,460 Total Revenue $ 41,202 $ 48,035 $ 82,541 $ 97,942 Revenue disaggregated by geography, based on where the revenue is generated, consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 United States $ 29,187 $ 32,616 $ 58,123 $ 66,047 Germany 253 278 506 562 Rest of world 11,762 15,141 23,912 31,333 Total Revenue $ 41,202 $ 48,035 $ 82,541 $ 97,942

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended June 30, 2023 and 2022, the Company recorded income tax benefit of $0.1 million and an income tax expense of $0.2 million, respectively, which reflects an effective tax rate of 0.2% and (2.3)%, respectively. For the six months ended June 30, 2023 and 2022, the Company recorded income tax benefit of $0.0 million and $0.1 million, respectively, which reflects an effective rate of 0.0% and 0.6%, respectively. The change in the provision for the three and six months ended June 30, 2023 was primarily driven by the Company benefiting from year-to-date losses in the U.S. jurisdiction. The Company had a valuation allowance against certain U.S., Israel, and German deferred tax assets as of both June 30, 2023 and December 31, 2022. The Company evaluates on a quarterly basis whether the deferred tax assets are realizable, which requires significant judgement. The Company considers all available positive and negative evidence, including historical operating performance and expectations of future operating performance. The Company intends to maintain these valuation allowances until there is sufficient evidence to support reversal of all or some portion of them. As of June 30, 2023 and December 31, 2022, the Company has $4.5 million and $4.5 million of unrecognized tax benefits, respectively. Of the $4.5 million of unrecognized tax benefits as of June 30, 2023, $1.9 million would impact the effective tax rate if recognized, and $2.9 million would result in an increase in the valuation allowance. As of June 30, 2023 and December 31, 2022, the Company has recorded $1.0 million and $0.8 million of interest and penalties, respectively, related to unrecognized tax benefits. The Company’s policy is to classify interest and penalties as a component of income tax expense. As a matter of course, the Company may be audited by Germany, U.S. Federal and state, Israel, France, the U.K. and other foreign tax authorities within which it operates. From time to time, these audits result in proposed assessments. The Company was notified during 2020 that the Israeli tax authorities were auditing Spark Networks Ltd. for the tax years 2018-2019. There is minimal activity in the entity and, while we do not expect adverse findings, any potential findings would result in a reduction of the net operating loss carryforward which has a full valuation allowance against it. The Company was notified that the German tax authorities are auditing Spark SE for the tax years 2017-2018, as well as Spark GmbH for the tax years 2016-2018. In the fourth quarter of 2022 we received draft reports from the German tax authorities and we are not expecting any material assessments. Based on the current status of Germany, U.S. Federal, state, local and other foreign audits, the Company does not expect the amount of unrecognized tax benefits to significantly decrease in the next 12 months as a result of settlements of tax audits and/or the expiration of statutes of limitations.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The Company completes its annual goodwill impairment test during the fourth quarter of each year, or more frequently if triggering events indicate a possible impairment in one or more of its reporting units. During the three months ended June 30, 2023, the Company identified an impairment triggering event related to goodwill and intangibles as a result of lowering the Company's financial projections. Goodwill The following table summarizes the changes in the carrying amount of goodwill for the six months ended June 30, 2023 and June 30, 2022: (in thousands) Balance as of January 1, 2023 $ 119,276 Impairment charges (20,667) Impact of currency translation 11 Balance as of June 30, 2023 $ 98,620 Balance as of January 1, 2022 $ 134,744 Impairment charges — Impact of currency translation (51) Balance as of June 30, 2022 $ 134,693 During the three months ended June 30, 2023 the Company performed an impairment analysis for the Spark and Zoosk reporting units. The goodwill impairment test concluded that the fair value of the Spark reporting unit exceeded the carrying amounts, and no goodwill impairment was recognized. Goodwill assigned to the Spark reporting unit was $24.4 million. For the Zoosk reporting unit, the fair value did not exceed the carrying value, and the Company recorded impairment charges of $20.7 million. During the three and six months ended June 30, 2022 there were no impairment charges recognized. The total accumulated impairment loss of the Company's goodwill was $120.6 million as of June 30, 2023 and $99.9 million as of December 31, 2022. Intangible Assets Intangible assets consists of the following as of June 30, 2023 and December 31, 2022: June 30, 2023 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (53,431) $ — $ 10,369 Long-lived intangible assets: Brands and trademarks 86 — (61) (1) 24 Acquired technology 5,910 — (5,910) — — Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (53,431) $ (17,425) $ (2) $ 10,393 December 31, 2022 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (51,151) $ — $ — $ 12,649 Long-lived intangible assets: Brands and trademarks 86 — (58) (2) 26 Acquired technology 5,910 — (5,286) — 624 Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (51,151) $ (16,798) $ (3) $ 13,299 During the three months ended June 30, 2023 the Company recognized impairment charges of $1.2 million related to the Zoosk tradename due to further lowered revenue expectations. During the three months ended June 30, 2022 there were no impairment charges. The Company estimated the fair value using an income approach, specifically the relief-from-royalty method, based on the present value of future cash flows. The Company used a royalty rate of 3% and weighted average cost of capital of 33% to estimate the fair value of Zoosk tradename. During the six months ended June 30, 2023 the Company recognized impairment charges of $2.3 million related to the Zoosk tradename. During the six months ended June 30, 2022 there were no impairment charges.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Accrued Expenses and Other Liabilities	Accrued Expenses and Other Liabilities Accrued expenses and other current liabilities consist of the following as of June 30, 2023 and December 31, 2022: (in thousands) June 30, 2023 December 31, 2022 Accrued advertising $ 5,972 $ 6,257 Accrued employee compensation and benefits 3,123 1,614 Accrued professional fees 1,047 944 Accrued service providers 1,830 1,501 Accrued value-added, sales, and other non-income-based taxes 10,559 9,078 Current portion of income tax payable 1,295 1,812 Current portion of lease liabilities 2,195 2,422 Other 1,590 619 Accrued expenses and other current liabilities $ 27,611 $ 24,247 Other liabilities consist of the following as of June 30, 2023 and December 31, 2022: (in thousands) June 30, 2023 December 31, 2022 Deferred payment to Zoosk's shareholders $ 13,299 $ 12,716 Lease liabilities, less current portion 463 1,416 Sublease security deposit 692 1,038 Other 2,243 1,948 Other liabilities $ 16,697 $ 17,118

Debt

Debt	6 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt MGG Term Loan Agreement On March 11, 2022, the Company entered into a Financing Agreement (the "Financing Agreement") with Zoosk, Inc. and Spark Networks, Inc., the subsidiary guarantor party thereto, the lender party thereto, and MGG Investment Group LP ("MGG"), as administrative agent and collateral agent (the "Term Loan"). The Financing Agreement provides for senior secured term loans of $100.0 million. Substantially all of the Company's assets are pledged as collateral. Borrowings under the Term Loan bear interest at a rate equal to LIBOR plus an applicable margin of 7.5% per annum. The proceeds were used to repay in full all amounts outstanding under the loan facilities with Blue Torch Finance LLC. The outstanding principal amounts will be repayable in quarterly payments of $1.25 million commencing with the quarter ending June 30, 2023 through March 31, 2025, and $2.50 million commencing with the quarter ending June 30, 2025 and thereafter. The Term Loan was issued at a discount of 2.0% of the aggregate principal amount of the $100.0 million. Transaction costs and overhead fees of $3.5 million and $0.3 million, respectively, were paid at closing. Through the effective interest rate method, the discount and overhead fees on the Term Loan are amortized to interest expense in the Consolidated Statements of Operations and Comprehensive Loss through the maturity on March 11, 2027 ("Maturity Date"). The effective interest on the Term Loan was 10.1%. In addition, pursuant to the terms of the Term Loan, within 5 days after the annual financial statements are required to be delivered to the lender, commencing with the delivery of the fiscal year 2022 audited financial statements, the Company is required to make a prepayment of the loan principal in an amount equal to a percentage of the excess cash flow of the most recently completed fiscal year. The Financing Agreement requires the following financial covenants to be maintained: (i) quarterly leverage ratio no greater than 4.50 to 1.00 for the quarter ending June 30, 2022, 4.25 to 1.00 through June 30, 2023, 3.75 to 1.00 through June 30, 2024, 3.25 to 1.00 through June 30, 2025, 2.75 to 1.00 through June 30, 2026 and 2.25 to 1.00 through the maturity date of the loan; (ii) marketing efficiency ratio to be less than 1.36 to 1.00 for the quarter ending June 30, 2022 through the maturity date of the loan; and (iii) minimum liquidity of $5.0 million at any time. In addition, the Financing Agreement contains a number of covenants that, among other things, restrict, subject to certain exceptions, the Company and its subsidiaries' ability to: incur additional indebtedness, create liens, engage in mergers or consolidations, sell or transfer assets, pay dividends and distributions, make share repurchases, make certain acquisitions, engage in certain transactions with affiliates and change lines of business. On August 5, 2022, the Company entered into an amendment to the Financing Agreement, as amended and restated by that certain Amended and Restated Amendment No. 1 to the Financing Agreement dated as of August 19, 2022 (the "Amendment No. 1"). The Amendment No. 1 revised certain financial covenants associated with the quarterly leverage ratio and requires the Company to maintain quarterly leverage ratio no greater than 6.50 to 1.00 through December 31, 2022, and 6.25 to 1.00 for the quarter ending March 31, 2023. The remaining quarterly leverage ratio did not change. The Amendment also requires the Company's minimum marketing spend for the twelve consecutive month period ending at the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2022, not to be less than $80.0 million. In connection with the Amendment, the Company paid a $0.3 million amendment fee during August 2022, which will be amortized as interest expense over the remaining life of the loan. Additionally, the Amendment No. 1 amended the margin for the Term Loan interest to be set at the levels based on the period for which the leverage ratio is calculated. Specifically, from August 5, 2022 to June 30, 2023, the margin shall be 7.5% or 8.5% on reference rate or LIBOR rate, respectively, based on the leverage ratio greater than or equal to 4.25 to 1.00, or 7.0% or 8.0% on reference rate or LIBOR rate, respectively, based on the leverage ratio less than 4.25 to 1.00, and after June 30, 2023, the margin shall be 7.5% or 8.5% on reference rate or LIBOR rate, respectively, based on the leverage ratio greater than or equal to 3.75 to 1.00, or 7.0% or 8.0% on reference rate or LIBOR rate, respectively, based on the leverage ratio less than 3.75 to 1.00. On June 15, 2023, the Company entered into an amendment to the Financing Agreement, as amended and restated by the Amendment No. 3 to the Forbearance Agreement and Financing Agreement dated as of June 15, 2023 ("Amendment No. 3"). The amendment included an amendment fee of $0.3 million which will be paid in kind by being added to the principal balance of the Term Loan on the Amendment No. 3 effective date of June 15, 2023 ("PIK fee"). The PIK fee will be amortized as interest expense over the remaining life of the loan. Additionally, 2.0% of interest will be deferred and added to the principal balance of the Term Loan to be payable at the final maturity. As of June 30, 2023, the aggregated outstanding principal balance and amortized cost basis of the Term Loan was $99.0 million and $94.2 million, respectively. Cash paid for principal during the three and six months ended June 30, 2023 was $1.25 and $1.25 million, respectively. The components of interest expense relating to the Term Loan consist of the amortization of debt issuance costs, amendment fees, and debt discount. Deferred interest capitalized into the Term Loan balance relating to the PIK fee as of June 30, 2023 was $0.08 million. The Annual Report on Form 10-K for the year ended December 31, 2022 included an opinion with an explanatory paragraph expressing substantial doubt about the ability of the Company and its Subsidiaries to continue as a going concern which caused the Company to fail to comply with Section 7.01(a) under the Financing Agreement, which constitutes an Event of Default. See Note 1. Basis of Presentation and Summary of Significant Accounting Policies for further discussion. Termination of Blue Torch Term Loan Facility and Blue Torch Revolving Credit Facility During the quarter ended March 31, 2022, the Company used funds borrowed under the Financing Agreement to pay off the outstanding balance of the debt under the existing Blue Torch term loan facility (the "Blue Torch Term Loan Facility") with a principal amount of $85.6 million, and the amortized cost basis of $82.1 million as of December 31, 2021. The Company recognized a loss on extinguishment of debt of $3.9 million, which is comprised of $3.0 million of unamortized debt issuance cost offset by the debt discount with the Blue Torch Term Loan Facility, and a prepayment penalty of $0.9 million. The loss on extinguishment of debt is included in the Interest expense on the Company's Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months ended March 31, 2022. T he existing Blue Torch Term Loan Facility was terminated. Additionally, the Company terminated the existing Blue Torch revolving credit facility (the "Blue Torch Revolving Credit Facility") and recognized a loss on extinguishment of debt of $0.1 million during the quarter ended March 31, 2022 for unamortized transaction costs and upfront fees related to the Blue Torch Revolving Credit Facility, which was included in Interest expense in the Company's Condensed Consolidated Statements of Operations and Comprehensive Loss. There was no outstanding debt under the Blue Torch Revolving Credit Facility at the time of termination.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is involved in lawsuits, claims and proceedings incident to the ordinary course of business and establishes reserves for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain other legal matters where the Company believes an unfavorable outcome is not probable and, therefore, no reserve is established. Any claims against the Company, whether meritorious or not, could result in costly litigation, require significant amounts of management's time and result in the diversion of significant operational resources. The results of these lawsuits, claims and proceedings cannot be predicted with certainty. However, the Company believes that the ultimate resolution of these current matters will not have a material adverse effect on its liquidity, results of operations or financial condition. Hungarian Proceeding On May 18, 2022, the Hungarian Competition Authority (the “GVH”) initiated a proceeding against Spark Networks Services GmbH alleging unfair commercial practices concerning the Company’s Hungarian EliteSingles (in Hungarian: Elittárs ) dating service. As a result of the proceeding, the GVH could determine that certain commercial practices were not compliant with Hungarian laws and may need to be changed. In addition, the GVH could impose fines. On July 17, 2023, the Company received the preliminary findings of the GVH case handler, which concluded that the Company engaged in unfair claims relating to the size of the Company’s user base, and unfairly failed to inform premium and unpaid members as to the functionality associated with the respective modes of the product. In its preliminary findings, the GVH’s case handler also concluded that a fine would be appropriate, taking into account as a mitigating factor the Company’s voluntary efforts to address the GVH’s concerns. We cannot predict what the GVH may ultimately and finally determine regarding the Company’s compliance with Hungarian laws, but based upon the preliminary findings, we expect the case handler will recommend to the Competition Council that the GVH should impose a fine. At this time, management does not believe the above matter will have a material adverse effect on the Company's results of operations or financial condition however, in June 2023 it increased its reserve relating to this matter and it believes such reserve is adequate with respect to the probable and estimable liabilities. However, no assurance can be given that either of the forgoing beliefs will prove to be correct.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	Financial Instruments and Fair Value Measurements Financial Instruments The Company records debt at carrying value less unamortized discount and unamortized fees as it is not required to be carried at fair value on a recurring basis. The fair value of the debt was determined using observable inputs (Level 2). The valuation considers the present value of expected future repayments, discounted using a market interest rate equal to the interest margin on the borrowings and variable interest rate. The following table presents the carrying values and the estimated fair values of the debt as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Years Ended December 31, Carrying Value Fair Value Carrying Value Fair Value Debt, including current portion (1) $ 94,197 $ 98,835 $ 94,817 $ 93,511 (1) At June 30, 2023 and December 31, 2022, the carrying value of the debt is net of unamortized original issue discount and debt issuance costs and the amendment fees relating to the Amendment No. 1 and No. 3 in an aggregate amount of $4.9 million and $5.2 million, respectively. The Company's financial instruments, including cash and cash equivalents, deposits, accounts receivable, and accounts payable are carried at cost, which approximates their fair value due to the short-term nature of these instruments. The Company does not have financial instruments that are measured at fair value on a recurring basis as of June 30, 2023 and December 31, 2022. Assets Measured at Fair Value on a Non-recurring Basis Certain assets, such as goodwill and intangible assets, are measured at fair value on a non-recurring basis. For goodwill, the process involves using a market approach and income approach (using discounted estimated cash flows) to determine the fair value of each reporting unit on a stand-alone basis. That fair value is compared to the carrying value of the reporting unit, including its recorded goodwill. Impairment is considered to have occurred if the fair value of the reporting unit is lower than the carrying value of the reporting unit. For the indefinite lived intangible assets, the Company estimated the fair value using a relief-from-royalty method, which includes unobservable inputs, including projected revenues, royalty rates and weighted average cost of capital. Impairment is considered to have occurred if the fair value of the intangible asset is lower than its carrying value. The fair value measurements for goodwill and the indefinite lived intangible assets are considered Level 3 and these assets are recognized at fair value if they are deemed to be impaired. During the three months ended March 31, 2023, the Company recognized an impairment charge of $1.1 million for the Zoosk trade name. There were no impairment charges during the three months ended March 31, 2022. During the three months ended June 30, 2023, there were impairment charges from the Zoosk reporting unit of $20.7 million and impairment charges from the Zoosk tradename of $1.2 million. There were no impairment charges during the three months ended June 30, 2022. See Note 4. Goodwill and Intangible Assets for further discussion of the impairment.

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation Stock-based compensation expense reflects share awards issued under the Company's 2018 virtual stock option plan and the Long Term Incentive Plan adopted in 2020 (the "LTIP"). For the three months ended June 30, 2023 and 2022, the Company recognized total stock-based compensation expense for all the plans of $0.3 million and $0.5 million, respectively, and for the six months ended June 30, 2023 and 2022, the Company recognized total stock-based compensation expense for all the plans of $0.4 million and $1.0 million, respectively. Total stock-based compensation expense is included as a component of Other operating expenses in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss. 2020 Long Term Incentive Plan The LTIP provides for the grant of virtual stock options, where each option represents the right to receive, upon exercise, a certain amount in cash determined based on the relevant ADS Stock Price of the option minus the strike price of such options; provided, however, that the Company may elect to settle options in ADSs or ordinary shares of the Company instead of cash. In connection with the adoption of the LTIP, the Administrative Board of the Company (the "Administrative Board") authorized the issuance of virtual options for up to 3.5 million American Depository Shares ("ADSs"), subject to limitations imposed by German law. As of June 30, 2023, 197,866 ADSs have been issued pursuant to previous exercises. The fair value of the virtual stock options and zero-priced options are measured using a Bl ack-Scholes option-pricing model. There were no options issued during the six months ended June 30, 2023. The following table summarizes the activity for the Company's options under the LTIP during the six months ended June 30, 2023: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in years) Outstanding as of December 31, 2022 2,155,998 $3.91 5.36 $— Forfeited (379,016) 3.63 Outstanding as of June 30, 2023 1,776,982 3.97 4.74 — Vested and exercisable at June 30, 2023 1,217,620 $4.51 4.20 $— Number of Options Weighted Average Grant Date Fair Value Unvested as of December 31, 2022 1,152,508 $1.26 Vested (214,130) 1.29 Forfeited (379,016) 1.46 Unvested as of June 30, 2023 559,362 $1.45 The following table summarizes the activity for the Company's zero priced options under the LTIP during the six months ended June 30, 2023: Number of Options Outstanding as of December 31, 2022 713,459 Exercised (28,063) Forfeited (223,736) Outstanding as of June 30, 2023 461,660 Vested and exercisable at June 30, 2023 216,102 Number of Options Weighted Average Grant Date Fair Value Unvested as of December 31, 2022 574,215 $2.72 Vested (104,921) 2.82 Forfeited (223,736) 3.11 Unvested as of June 30, 2023 245,558 $3.18 The total unrecognized compensation expense related to awards granted under the LTIP at June 30, 2023 was $0.9 million, which will be recognized over a weighted-average period of 3.46 years. As of June 30, 2023 and 2022, diluted loss per share excludes 1,746,478 and 1,250,688 potentially dilutive common shares, respectively, related to vested option awards, as their effect was anti-dilutive. Authorized Capital 2022 At the 2022 Annual Meeting of Shareholders of the Company held on August 31, 2022, the Company’s shareholders approved an amendment to the Company’s Articles of Association to: (a) cancel an authorized capital in the original amount of EUR 640,000 (the "Authorized Capital 2017") that could be utilized by the Company’s Administrative Board until October 31, 2022 on one or several occasions to increase the Company’s share capital against contributions in cash and/or in kind, and (b) create a new authorized capital in the amount of EUR 1,064,554 (the “Authorized Capital 2022”) that can be utilized by the Administrative Board until August 29, 2027 on one or several occasions to increase the Company’s share capital against contributions in cash and/or in kind (the “Amended Articles of Association”). The Amended Articles of Association became effective on September 14, 2022 upon registration with the commercial register (Handelsregister) of the local court (Amtsgericht) of Munich, Germany. An amount of EUR 593,481 was available under the Authorized Capital 2017 at the time of its cancellation.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 7, 2023, the Board of Directors (“Board”) of Spark Networks SE (the “Company”) and Chelsea A. Grayson determined that Ms. Grayson resigned as Executive Director and Chief Executive Officer of the Company and Spark Networks, Inc., and terminated her service and employment with the Company and Spark Networks, Inc. effective July 7, 2023. Ms. Grayson also resigned as a member of the Company’s Board, effective July 7, 2023. The Company and Sparks Networks, Inc. have entered into a Resignation Agreement with Ms. Grayson (the “Resignation Agreement”). The Resignation Agreement provides for Ms. Grayson’s resignation as a member of the Board, and as Chief Executive Officer of the Company and Spark Networks, Inc., and contains other customary terms and conditions. Pursuant to the Resignation Agreement, the Company will pay Ms. Grayson $600,000 as severance compensation in six equal monthly installments, and reimburse Ms. Grayson for up to $25,000 in professional advisory fees and 12 months of COBRA payments. In addition, the parties have agreed to mutual releases of claims. Colleen Birdnow Brown, the Chair of the Board, was appointed by the Board as interim Chief Executive Officer of the Company and Spark Networks, Inc. effective July 7, 2023. As a result, Ms. Brown has resigned as a member of the Audit Committee of the Board effective July 7, 2023, but will continue to serve as the Chair of the Board. Ms. Brown is foregoing cash compensation for her role as CEO. On July 14, 2023, the Company entered into Amendment No. 4 to Forbearance Agreement which extended the forbearance period termination date to July 21, 2023. On July 21, 2023, the Company entered into Amendment No. 5 to Forbearance Agreement which extended the forbearance period termination date to July 28, 2023 and added to the forbearance the Company’s failure to meet minimum marketing spend requirements over a twelve month period. On July 28, 2023, the Company entered into Amendment No. 6 to Forbearance Agreement which extended the forbearance period termination date to August 4, 2023. On August 4, 2023, the Company entered into Amendment No. 7 to Forbearance Agreement which extends the forbearance period termination date to August 11, 2023 and adds to the forbearance the Company’s failure to maintain minimum liquidity. On August 11, 2023, the Company entered into Amendment No. 8 to Forbearance Agreement which extends the forbearance period termination date to September 1 , 2023. Relating to the Hungarian proceeding discussed in Note 7, the Company received notice on July 17, 2023, that an initial report was issued at the case handler level of the GVH with preliminary findings that the Company engaged in unfair claims relating to the size of the Company’s user base, and unfairly failed to inform premium and unpaid members as to the functionality associated with the respective modes of the product. In June 2023 the Company increased its reserve after receiving the issued

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with generally accepted accounting principles in the United States ("U.S. GAAP") and applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC"), regarding interim financial reporting. The condensed consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated in consolidation. In management's opinion, the unaudited condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect, in management’s opinion, all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of the Company's balance sheets, statement of operations and comprehensive loss, statement of shareholders' equity and statement of cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the Company's entire fiscal year. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2022 ("2022 Form 10-K").
Use of Estimates	Use of EstimatesThe preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. Significant estimates and assumptions are required in the determination of: revenue reserves, deferred tax asset valuation allowances, unrecognized tax benefits, classification and measurement of virtual stock option plans, and annual impairment testing of goodwill and indefinite-lived intangible assets. The Company evaluates its estimates and judgements on an ongoing basis based on historical experience, expectations of future events and various other factors that it believes to be reasonable under the circumstances and revises them when necessary. Actual results may differ from the original or revised estimates.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements There were no new accounting pronouncements issued by the Financial Accounting Standards Board during the three and six months ended June 30, 2023 and through the date of filing of this report that had or are expected to have a material impact on the Company’s financial position, results of operations or cash flows.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	For the three and six months ended June 30, 2023 and 2022, revenue was as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Subscription revenue $ 39,295 $ 45,975 $ 78,656 $ 93,517 Virtual currency revenue 1,287 1,440 2,619 2,965 Advertising revenue 620 620 1,266 1,460 Total Revenue $ 41,202 $ 48,035 $ 82,541 $ 97,942
Revenue from External Customers by Geographic Areas	Revenue disaggregated by geography, based on where the revenue is generated, consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 United States $ 29,187 $ 32,616 $ 58,123 $ 66,047 Germany 253 278 506 562 Rest of world 11,762 15,141 23,912 31,333 Total Revenue $ 41,202 $ 48,035 $ 82,541 $ 97,942

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the changes in the carrying amount of goodwill for the six months ended June 30, 2023 and June 30, 2022: (in thousands) Balance as of January 1, 2023 $ 119,276 Impairment charges (20,667) Impact of currency translation 11 Balance as of June 30, 2023 $ 98,620 Balance as of January 1, 2022 $ 134,744 Impairment charges — Impact of currency translation (51) Balance as of June 30, 2022 $ 134,693
Schedule of Long-Lived Intangible Assets	Intangible assets consists of the following as of June 30, 2023 and December 31, 2022: June 30, 2023 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (53,431) $ — $ 10,369 Long-lived intangible assets: Brands and trademarks 86 — (61) (1) 24 Acquired technology 5,910 — (5,910) — — Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (53,431) $ (17,425) $ (2) $ 10,393 December 31, 2022 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (51,151) $ — $ — $ 12,649 Long-lived intangible assets: Brands and trademarks 86 — (58) (2) 26 Acquired technology 5,910 — (5,286) — 624 Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (51,151) $ (16,798) $ (3) $ 13,299
Schedule of Indefinite-Lived Intangible Assets	Intangible assets consists of the following as of June 30, 2023 and December 31, 2022: June 30, 2023 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (53,431) $ — $ 10,369 Long-lived intangible assets: Brands and trademarks 86 — (61) (1) 24 Acquired technology 5,910 — (5,910) — — Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (53,431) $ (17,425) $ (2) $ 10,393 December 31, 2022 (in thousands) Gross Carrying Amount Accumulated Impairment Charges Accumulated Amortization Currency Translation Impact on Carrying Amount Net Carrying Amount Indefinite-lived intangible assets: Brands and trademarks $ 63,800 $ (51,151) $ — $ — $ 12,649 Long-lived intangible assets: Brands and trademarks 86 — (58) (2) 26 Acquired technology 5,910 — (5,286) — 624 Customer relationships 10,780 — (10,780) — — Licenses and domains 205 — (204) (1) — Other 470 — (470) — — Total intangible assets $ 81,251 $ (51,151) $ (16,798) $ (3) $ 13,299

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following as of June 30, 2023 and December 31, 2022: (in thousands) June 30, 2023 December 31, 2022 Accrued advertising $ 5,972 $ 6,257 Accrued employee compensation and benefits 3,123 1,614 Accrued professional fees 1,047 944 Accrued service providers 1,830 1,501 Accrued value-added, sales, and other non-income-based taxes 10,559 9,078 Current portion of income tax payable 1,295 1,812 Current portion of lease liabilities 2,195 2,422 Other 1,590 619 Accrued expenses and other current liabilities $ 27,611 $ 24,247
Other Liabilities	Other liabilities consist of the following as of June 30, 2023 and December 31, 2022: (in thousands) June 30, 2023 December 31, 2022 Deferred payment to Zoosk's shareholders $ 13,299 $ 12,716 Lease liabilities, less current portion 463 1,416 Sublease security deposit 692 1,038 Other 2,243 1,948 Other liabilities $ 16,697 $ 17,118

Financial Instruments and Fai_2

Financial Instruments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The following table presents the carrying values and the estimated fair values of the debt as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Years Ended December 31, Carrying Value Fair Value Carrying Value Fair Value Debt, including current portion (1) $ 94,197 $ 98,835 $ 94,817 $ 93,511 (1) At June 30, 2023 and December 31, 2022, the carrying value of the debt is net of unamortized original issue discount and debt issuance costs and the amendment fees relating to the Amendment No. 1 and No. 3 in an aggregate amount of $4.9 million and $5.2 million, respectively.

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Option, Activity	The following table summarizes the activity for the Company's options under the LTIP during the six months ended June 30, 2023: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in years) Outstanding as of December 31, 2022 2,155,998 $3.91 5.36 $— Forfeited (379,016) 3.63 Outstanding as of June 30, 2023 1,776,982 3.97 4.74 — Vested and exercisable at June 30, 2023 1,217,620 $4.51 4.20 $— Number of Options Weighted Average Grant Date Fair Value Unvested as of December 31, 2022 1,152,508 $1.26 Vested (214,130) 1.29 Forfeited (379,016) 1.46 Unvested as of June 30, 2023 559,362 $1.45 The following table summarizes the activity for the Company's zero priced options under the LTIP during the six months ended June 30, 2023: Number of Options Outstanding as of December 31, 2022 713,459 Exercised (28,063) Forfeited (223,736) Outstanding as of June 30, 2023 461,660 Vested and exercisable at June 30, 2023 216,102 Number of Options Weighted Average Grant Date Fair Value Unvested as of December 31, 2022 574,215 $2.72 Vested (104,921) 2.82 Forfeited (223,736) 3.11 Unvested as of June 30, 2023 245,558 $3.18

Revenue - Disaggregation (Detai

Revenue - Disaggregation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 41,202	$ 48,035	$ 82,541	$ 97,942
Subscription revenue
Disaggregation of Revenue [Line Items]
Total Revenue	39,295	45,975	78,656	93,517
Virtual currency revenue
Disaggregation of Revenue [Line Items]
Total Revenue	1,287	1,440	2,619	2,965
Advertising revenue
Disaggregation of Revenue [Line Items]
Total Revenue	$ 620	$ 620	$ 1,266	$ 1,460

Revenue - Geographical (Details

Revenue - Geographical (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 41,202	$ 48,035	$ 82,541	$ 97,942
United States
Disaggregation of Revenue [Line Items]
Total Revenue	29,187	32,616	58,123	66,047
Germany
Disaggregation of Revenue [Line Items]
Total Revenue	253	278	506	562
Rest of world
Disaggregation of Revenue [Line Items]
Total Revenue	$ 11,762	$ 15,141	$ 23,912	$ 31,333

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue recognized from prior deferred revenue balances	$ 26.7	$ 33.5

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income tax benefit (expense)	$ 52	$ (193)	$ 7	$ 99
Effective income tax rate reconciliation, percent	0.20%	(2.30%)	0%	0.60%
Unrecognized tax benefits	$ 4,500		$ 4,500		$ 4,500
Unrecognized tax benefits that would impact effective tax rate	1,900		1,900
Unrecognized tax benefits that would impact valuation allowance	2,900		2,900
Unrecognized tax benefits, income tax penalties and interest accrued	$ 1,000		$ 1,000		$ 800

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Goodwill [Roll Forward]
Balance as of the beginning of the period	$ 119,276	$ 134,744
Impairment charges	(20,667)	0
Impact of currency translation	11	(51)
Balance as of the end of the period	$ 98,620	$ 134,693

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Narrative (Details) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Goodwill [Line Items]
Goodwill	$ 98,620		$ 134,693		$ 98,620	$ 134,693	$ 119,276	$ 134,744
Impairment of intangible assets	21,847		0	$ 0	22,947	0
Accumulated impairment loss	120,600				120,600		99,900
Amortization of intangible assets	300		300		600	600
Brands and trademarks
Goodwill [Line Items]
Impairment of intangible assets					53,431		$ 51,151
Zoosk, Inc.
Goodwill [Line Items]
Impairment of intangible assets	20,700				2,300
Zoosk, Inc. | Brands and trademarks
Goodwill [Line Items]
Impairment of intangible assets	$ 1,200	$ 1,100	$ 0			$ 0
Royalty rate (as a percent)	0.03
Zoosk, Inc. | Brands and trademarks | Weighted Average
Goodwill [Line Items]
Discount rate (as a percent)	0.33
Spark
Goodwill [Line Items]
Goodwill	$ 24,400				$ 24,400

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Indefinite-lived intangible assets:
Accumulated Impairment Charges	$ (21,847)	$ 0	$ 0	$ (22,947)	$ 0
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]				Accumulated Impairment Charges
Long-lived intangible assets:
Accumulated Amortization	(17,425)			$ (17,425)		$ (16,798)
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Accumulated Impairment Charges
Total intangible assets
Gross Carrying Amount	81,251			$ 81,251		81,251
Accumulated Impairment Charges				(53,431)		(51,151)
Currency Translation Impact on Carrying Amount				(2)		(3)
Net Carrying Amount	10,393			10,393		13,299
Brands and trademarks
Indefinite-lived intangible assets:
Gross Carrying Amount	63,800			63,800		63,800
Accumulated Impairment Charges				(53,431)		(51,151)
Currency Translation Impact on Carrying Amount				0		0
Net Carrying Amount	10,369			10,369		12,649
Brands and trademarks
Long-lived intangible assets:
Gross Carrying Amount	86			86		86
Accumulated Impairment Charges				0		0
Accumulated Amortization	(61)			(61)		(58)
Currency Translation Impact on Carrying Amount				(1)		(2)
Net Carrying Amount	24			24		26
Acquired technology
Long-lived intangible assets:
Gross Carrying Amount	5,910			5,910		5,910
Accumulated Impairment Charges				0		0
Accumulated Amortization	(5,910)			(5,910)		(5,286)
Currency Translation Impact on Carrying Amount				0		0
Net Carrying Amount	0			0		624
Customer relationships
Long-lived intangible assets:
Gross Carrying Amount	10,780			10,780		10,780
Accumulated Impairment Charges				0		0
Accumulated Amortization	(10,780)			(10,780)		(10,780)
Currency Translation Impact on Carrying Amount				0		0
Net Carrying Amount	0			0		0
Licenses and domains
Long-lived intangible assets:
Gross Carrying Amount	205			205		205
Accumulated Impairment Charges				0		0
Accumulated Amortization	(204)			(204)		(204)
Currency Translation Impact on Carrying Amount				(1)		(1)
Net Carrying Amount	0			0		0
Other
Long-lived intangible assets:
Gross Carrying Amount	470			470		470
Accumulated Impairment Charges				0		0
Accumulated Amortization	(470)			(470)		(470)
Currency Translation Impact on Carrying Amount				0		0
Net Carrying Amount	$ 0			$ 0		$ 0

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued advertising	$ 5,972	$ 6,257
Accrued employee compensation and benefits	3,123	1,614
Accrued professional fees	1,047	944
Accrued service providers	1,830	1,501
Accrued value-added, sales, and other non-income-based taxes	10,559	9,078
Current portion of income tax payable	1,295	1,812
Current portion of lease liabilities	2,195	2,422
Other	1,590	619
Accrued expenses and other current liabilities	$ 27,611	$ 24,247

Accrued Expenses and Other Li_4

Accrued Expenses and Other Liabilities - Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Deferred payment to Zoosk's shareholders	$ 13,299	$ 12,716
Lease liabilities, less current portion	463	1,416
Sublease security deposit	692	1,038
Other	2,243	1,948
Other liabilities	$ 16,697	$ 17,118

Debt - MGG Term Loan Agreement

Debt - MGG Term Loan Agreement Narrative (Details)

3 Months Ended

6 Months Ended

24 Months Ended

Jun. 15, 2023 USD ($)

Aug. 05, 2022 USD ($)

Mar. 11, 2022 USD ($)

Jun. 30, 2025 USD ($)

Jun. 30, 2023 USD ($)

Jun. 30, 2023 USD ($)

Jun. 30, 2022 USD ($)

Mar. 31, 2025 USD ($)

Mar. 11, 2027

Jun. 30, 2026

Jun. 30, 2024

Mar. 31, 2023

Dec. 31, 2022 USD ($)

Aug. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Debt Instrument [Line Items]

Unamortized discount and debt issuance costs

$ 4,900,000

$ 4,900,000

$ 5,200,000

Paid-in-kind interest fee

83,000

$ 0

Amended Senior Secured Term Loan | LIBOR | Minimum | Scenario One

Debt Instrument [Line Items]

Basis spread on variable rate

7.50%

Amended Senior Secured Term Loan | LIBOR | Minimum | Scenario Two

Debt Instrument [Line Items]

Basis spread on variable rate

7%

Amended Senior Secured Term Loan | LIBOR | Minimum | Scenario Three

Debt Instrument [Line Items]

Basis spread on variable rate

7.50%

Amended Senior Secured Term Loan | LIBOR | Minimum | Scenario Four

Debt Instrument [Line Items]

Basis spread on variable rate

7%

Amended Senior Secured Term Loan | LIBOR | Maximum | Scenario One

Debt Instrument [Line Items]

Basis spread on variable rate

8.50%

Amended Senior Secured Term Loan | LIBOR | Maximum | Scenario Two

Debt Instrument [Line Items]

Basis spread on variable rate

8%

Amended Senior Secured Term Loan | LIBOR | Maximum | Scenario Three

Debt Instrument [Line Items]

Basis spread on variable rate

8.50%

Amended Senior Secured Term Loan | LIBOR | Maximum | Scenario Four

Debt Instrument [Line Items]

Basis spread on variable rate

8%

Senior Secured Facilities Agreement | Term Loan Facility

Debt Instrument [Line Items]

Repayments of secured debt

$ 1.25

$ 1,250,000

Secured Debt | Senior Secured Term Loan

Debt Instrument [Line Items]

Debt instrument, interest rate, discount percent

0.020

Effective interest rate

10.10%

Covenant, leverage ratio, maximum

4.25

4.25

4.50

Liquidity threshold, minimum

$ 5,000,000

Secured Debt | Senior Secured Term Loan | Transaction Costs

Debt Instrument [Line Items]

Debt expenses

$ 3,500,000

Secured Debt | Senior Secured Term Loan | Overhead Fees

Debt Instrument [Line Items]

Debt expenses

$ 300,000

Secured Debt | Senior Secured Term Loan | Forecast

Debt Instrument [Line Items]

Covenant, leverage ratio, maximum

3.25

2.25

2.75

3.75

Debt instrument, covenant, marketing efficiency ratio, maximum

1.36

Secured Debt | Senior Secured Term Loan | LIBOR

Debt Instrument [Line Items]

Basis spread on variable rate

7.50%

Secured Debt | Senior Secured Term Loan | LIBOR | Forecast

Debt Instrument [Line Items]

Periodic payment, principal

$ 2,500,000

$ 1,250,000

Secured Debt | Amended Senior Secured Term Loan

Debt Instrument [Line Items]

Covenant, leverage ratio, maximum

6.25

6.50

Unamortized discount and debt issuance costs

$ 300,000

$ 300,000

Debt instrument, deferred interest, percentage

0.020

Secured Debt | Amended Senior Secured Term Loan | Scenario One

Debt Instrument [Line Items]

Debt instrument, covenant, leverage ratio, minimum

4.25

Secured Debt | Amended Senior Secured Term Loan | Scenario Three

Debt Instrument [Line Items]

Debt instrument, covenant, leverage ratio, minimum

3.75

Secured Debt | Amended Senior Secured Term Loan | Scenario Four

Debt Instrument [Line Items]

Debt instrument, covenant, leverage ratio, minimum

3.75

Secured Debt | Amended Senior Secured Term Loan | Minimum

Debt Instrument [Line Items]

Debt instrument, covenant, marketing spend minimum

$ 80,000,000

Secured Debt | Senior Secured Facilities Agreement | Term Loan Facility

Debt Instrument [Line Items]

Outstanding principal

$ 100,000,000

$ 99,000,000

99,000,000

$ 85,600,000

Long-term debt, carrying value

$ 94,200,000

94,200,000

$ 82,100,000

Paid-in-kind interest fee

$ 80,000

Debt - Termination of Blue Torc

Debt - Termination of Blue Torch Term Loan Facility and Blue Torch Revolving Credit Facility Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 11, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 0	$ 3,964
Secured Debt | Senior Secured Facilities Agreement | Term Loan Facility
Debt Instrument [Line Items]
Outstanding principal		99,000		$ 100,000	$ 85,600
Long-term debt, carrying value		$ 94,200			$ 82,100
Loss on extinguishment of debt	$ 3,900
Secured Debt | Senior Secured Facilities Agreement | Term Loan Facility and Second Amendment | Unamortized Debt Issuance Cost
Debt Instrument [Line Items]
Loss on extinguishment of debt	3,000
Secured Debt | Senior Secured Facilities Agreement | Term Loan Facility and Second Amendment | Prepayment Penalty
Debt Instrument [Line Items]
Loss on extinguishment of debt	900
Secured Debt | Senior Secured Facilities Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 100

Financial Instruments and Fai_3

Financial Instruments and Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unamortized discount and debt issuance costs	$ 4,900	$ 5,200
Level 2 | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, including current portion	94,197	94,817
Level 2 | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, including current portion	$ 98,835	$ 93,511

Financial Instruments and Fai_4

Financial Instruments and Fair Value Measurements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated impairment charge	$ 21,847		$ 0	$ 0	$ 22,947	$ 0
Zoosk, Inc.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated impairment charge	20,700				2,300
Brands and trademarks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated impairment charge					$ 53,431		$ 51,151
Brands and trademarks | Zoosk, Inc.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated impairment charge	$ 1,200	$ 1,100	$ 0			$ 0

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) shares	Jun. 30, 2022 USD ($) shares	Sep. 14, 2022 EUR (€)	Aug. 31, 2022 EUR (€)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $	$ 0.3	$ 0.5	$ 0.4	$ 1
Antidilutive securities excluded from computation of earnings per share (in shares)			1,746,478	1,250,688
Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares issued (in shares)			197,866
Cost not yet recognized, amount | $	$ 0.9		$ 0.9
Cost not yet recognized, period for recognition			3 years 5 months 15 days
Long Term Incentive Plan | Virtual Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	3,500,000		3,500,000
Authorized Capital 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized, amount | €					€ 593,481	€ 640,000
Authorized Capital 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized, amount | €						€ 1,064,554

Stock-based Compensation - Stoc

Stock-based Compensation - Stock Option Activity (Details) - Long Term Incentive Plan - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Number of Options
Beginning balance (in shares)	2,155,998
Forfeited (in shares)	(379,016)
Ending balance (in shares)	1,776,982	2,155,998
Vested and exercisable at ending balance (in shares)	1,217,620
Weighted Average Exercise Price
Outstanding at beginning balance (in dollars per share)	$ 3.91
Forfeitures (in dollars per share)	3.63
Outstanding at ending balance (in dollars per share)	3.97	$ 3.91
Vested and exercisable at ending balance (in dollars per share)	$ 4.51
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weight average remaining contractual term (in years)	4 years 8 months 26 days	5 years 4 months 9 days
Aggregate intrinsic value, beginning balance	$ 0
Aggregate intrinsic value, ending balance	$ 0	$ 0
Vested and exercisable, weighted average remaining contractual term (in years)	4 years 2 months 12 days
Vested and exercisable, aggregate intrinsic value	$ 0
Zero Priced Options
Number of Options
Beginning balance (in shares)	713,459
Exercised (in shares)	(28,063)
Forfeited (in shares)	(223,736)
Ending balance (in shares)	461,660	713,459
Vested and exercisable at ending balance (in shares)	216,102

Stock-based Compensation - Unve

Stock-based Compensation - Unvested Stock Option Activity (Details) - Long Term Incentive Plan	6 Months Ended
	Jun. 30, 2023 $ / shares shares
Number of Options
Unvested, beginning balance (in shares) | shares	1,152,508
Vested (in shares) | shares	(214,130)
Forfeited (in shares) | shares	(379,016)
Unvested, ending balance (in shares) | shares	559,362
Weighted Average Grant Date Fair Value
Unvested, beginning balance (in dollars per share) | $ / shares	$ 1.26
Vested (in dollars per share) | $ / shares	1.29
Forfeited (in dollars per share) | $ / shares	1.46
Unvested, ending balance (in dollars per share) | $ / shares	$ 1.45
Zero Priced Options
Number of Options
Unvested, beginning balance (in shares) | shares	574,215
Vested (in shares) | shares	(104,921)
Forfeited (in shares) | shares	(223,736)
Unvested, ending balance (in shares) | shares	245,558
Weighted Average Grant Date Fair Value
Unvested, beginning balance (in dollars per share) | $ / shares	$ 2.72
Vested (in dollars per share) | $ / shares	2.82
Forfeited (in dollars per share) | $ / shares	3.11
Unvested, ending balance (in dollars per share) | $ / shares	$ 3.18

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event - Chief Executive Officer $ in Thousands	Jul. 07, 2023 USD ($) installment
Subsequent Event [Line Items]
Severance compensation	$ 600
Severance benefits, number of payment installments | installment	6
Severance benefits, professional advisory fees, maximum reimbursement	$ 25
Severance benefits, continuation of health care payments, period of reimbursement	12 months