The Arena Group Holdings, Inc. (AREN) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	May 02, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	1-12471
Entity Registrant Name	THE ARENA GROUP HOLDINGS, INC.
Entity Central Index Key	0000894871
Entity Tax Identification Number	68-0232575
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	200 Vesey Street,
Entity Address, Address Line Two	24th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10281
City Area Code	(212)
Local Phone Number	321-5002
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	AREN
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		17,808,434

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 22,480	$ 9,349
Restricted cash	502	502
Accounts receivable, net	19,998	21,660
Subscription acquisition costs, current portion	24,940	30,162
Royalty fees	7,500	11,250
Prepayments and other current assets	4,972	4,748
Total current assets	80,392	77,671
Property and equipment, net	593	636
Operating lease right-of-use assets	493	528
Platform development, net	10,013	9,299
Subscription acquisition costs, net of current portion	7,307	8,235
Acquired and other intangible assets, net	52,255	57,356
Other long-term assets	587	639
Goodwill	19,619	19,619
Total assets	171,259	173,983
Current liabilities:
Accounts payable	7,070	11,982
Accrued expenses and other	17,425	24,011
Line of credit	9,291	11,988
Unearned revenue	48,519	54,030
Subscription refund liability	2,534	3,087
Operating lease liability	387	374
Liquidated damages payable	5,369	5,197
Current portion of long-term debt	5,847	5,744
Total current liabilities	96,442	116,413
Unearned revenue, net of current portion	12,362	15,277
Operating lease liability, net of current portion	683	785
Liquidating damages payable, net of current portion		7,008
Other long-term liabilities	7,527	7,556
Deferred tax liabilities	376	362
Long-term debt	64,929	64,373
Total liabilities	182,319	211,774
Commitments and contingencies (Note 15)
Mezzanine equity:
Total mezzanine equity	13,375	13,886
Stockholders’ deficiency:
Common stock, $0.01 par value, authorized 1,000,000,000 shares; issued and outstanding: 17,502,102 and 12,632,947 shares at March 31, 2022 and December 31, 2021, respectively	175	126
Common stock to be issued
Additional paid-in capital	246,052	200,410
Accumulated deficit	(270,662)	(252,213)
Total stockholders’ deficiency	(24,435)	(51,677)
Total liabilities, mezzanine equity and stockholders’ deficiency	171,259	173,983
Series G Redeemable and Convertible Preferred Stock [Member]
Mezzanine equity:
Total mezzanine equity	168	168
Series H Convertible Preferred Stock [Member]
Mezzanine equity:
Total mezzanine equity	$ 13,207	$ 13,718

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Common stock par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares, issued	17,502,102	12,632,947
Common stock, shares, outstanding	17,502,102	12,632,947
Series G Redeemable and Convertible Preferred Stock [Member]
Temporary equity, par value	$ 0.01	$ 0.01
Temporary equity, liquidation preference per share value	$ 1,000	$ 1,000
Temporary equity, shares authorized	1,800	1,800
Temporary equity, liquidation preference value	$ 168	$ 168
Temporary equity, shares issued	168	168
Temporary equity, shares outstanding	168	168
Temporary equity, common shares issuable upon conversion	8,582	8,582
Series H Convertible Preferred Stock [Member]
Temporary equity, par value	$ 0.01	$ 0.01
Temporary equity, liquidation preference per share value	$ 1,000	$ 1,000
Temporary equity, shares authorized	23,000	23,000
Temporary equity, liquidation preference value	$ 14,556	$ 15,066
Temporary equity, shares outstanding	14,556	15,066
Temporary equity, common shares issuable upon conversion	2,004,971	2,075,200

Condensed Consolidated Stateme

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenue	$ 48,243	$ 33,615
Cost of revenue (includes amortization of developed technology and platform development for 2022 and 2021 of $2,311 and $2,167, respectively)	28,497	28,208
Gross profit	19,746	5,407
Operating expenses
Selling and marketing	17,216	17,529
General and administrative	13,514	5,638
Depreciation and amortization	4,202	3,963
Loss on impairment of assets	257
Total operating expenses	35,189	27,130
Loss from operations	(15,443)	(21,723)
Other expenses
Change in valuation of warrant derivative liabilities		(665)
Interest expense	(2,820)	(2,820)
Liquidated damages	(172)	(255)
Total other expenses	(2,992)	(3,740)
Loss before income taxes	(18,435)	(25,463)
Income taxes	(14)
Net loss	$ (18,449)	$ (25,463)
Basic and diluted net loss per common share	$ (1.20)	$ (2.44)
Weighted average number of common shares outstanding – basic and diluted	15,381,306	10,456,052

Condensed Consolidated State_2

Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Amortization cost of developed technology and platform development	$ 2,311	$ 2,167

Condensed Consolidated State_3

Condensed Consolidated Statements of Stockholders' Deficiency(Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Balance	$ (51,677)	$ (20,313)
Issuance of restricted stock awards to the board of directors
Issuance of restricted stock awards to the board of directors, shares
Issuance of common stock upon conversion of series H preferred stock	$ 511
Issuance of common stock for restricted stock units in connection with an acquisition
Issuance of common stock in connection with professional services	184	125
Issuance of common stock in connection with settlement of liquidated damages	6,685
Gain upon issuance of common stock in connection with settlement of liquidated damages	323
Issuance of common stock for restricted stock units
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units	(556)
Repurchase restricted stock classified as liabilities
Issuance of common stock in connection with public offering	30,490
Stock-based compensation	8,054	5,408
Net loss	(18,449)	(25,463)
Balance	(24,435)	(40,243)
Common Stock [Member]
Balance	$ 126	$ 104
Balance, shares	12,632,947	10,412,963
Issuance of restricted stock awards to the board of directors
Issuance of restricted stock awards to the board of directors, shares		36,599
Issuance of common stock upon conversion of series H preferred stock	$ 1
Issuance of common stock upon conversion of series H preferred stock, shares	70,380
Issuance of common stock for restricted stock units in connection with an acquisition
Issuance of common stock for restricted stock units in connection with an acquisition, shares	16,760	11,667
Issuance of common stock in connection with professional services
Issuance of common stock in connection with professional services, shares	14,617	14,205
Issuance of common stock in connection with settlement of liquidated damages	$ 5
Issuance of common stock in connection with settlement of liquidated damages, shares	505,671
Gain upon issuance of common stock in connection with settlement of liquidated damages
Issuance of common stock for restricted stock units	$ 2
Issuance of common stock for restricted stock units, shares	155,211
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units	$ (1)
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units, shares	(67,023)
Repurchase restricted stock classified as liabilities
Repurchase restricted stock classified as liabilities, shares	(8,064)	(6,049)
Issuance of common stock in connection with public offering	$ 42
Issuance of common stock in connection with public offering, shares	4,181,603
Stock-based compensation
Net loss
Balance	$ 175	$ 104
Balance, shares	17,502,102	10,469,385
Common Stock to be Issued [Member]
Balance
Balance, shares	49,134	49,134
Issuance of restricted stock awards to the board of directors
Issuance of restricted stock awards to the board of directors, shares
Issuance of common stock upon conversion of series H preferred stock
Issuance of common stock upon conversion of series H preferred stock, shares
Issuance of common stock for restricted stock units in connection with an acquisition
Issuance of common stock for restricted stock units in connection with an acquisition, shares
Issuance of common stock in connection with professional services
Issuance of common stock in connection with professional services, shares
Issuance of common stock in connection with settlement of liquidated damages
Issuance of common stock in connection with settlement of liquidated damages, shares
Gain upon issuance of common stock in connection with settlement of liquidated damages
Issuance of common stock for restricted stock units
Issuance of common stock for restricted stock units, shares
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units, shares
Repurchase restricted stock classified as liabilities
Repurchase restricted stock classified as liabilities, shares
Issuance of common stock in connection with public offering
Issuance of common stock in connection with public offering, shares
Stock-based compensation
Net loss
Balance
Balance, shares	49,134	49,134
Additional Paid-in Capital [Member]
Balance	$ 200,410	$ 141,856
Issuance of restricted stock awards to the board of directors
Issuance of restricted stock awards to the board of directors, shares
Issuance of common stock upon conversion of series H preferred stock	$ 510
Issuance of common stock for restricted stock units in connection with an acquisition
Issuance of common stock in connection with professional services	184	125
Issuance of common stock in connection with settlement of liquidated damages	6,680
Gain upon issuance of common stock in connection with settlement of liquidated damages	323
Issuance of common stock for restricted stock units	(2)
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units	(555)
Repurchase restricted stock classified as liabilities
Issuance of common stock in connection with public offering	30,448
Stock-based compensation	8,054	5,408
Net loss
Balance	246,052	147,389
Retained Earnings [Member]
Balance	(252,213)	(162,273)
Issuance of restricted stock awards to the board of directors
Issuance of restricted stock awards to the board of directors, shares
Issuance of common stock upon conversion of series H preferred stock
Issuance of common stock for restricted stock units in connection with an acquisition
Issuance of common stock in connection with professional services
Issuance of common stock in connection with settlement of liquidated damages
Gain upon issuance of common stock in connection with settlement of liquidated damages
Issuance of common stock for restricted stock units
Common stock withheld for taxes upon issuance of underlying shares for restricted stock units
Repurchase restricted stock classified as liabilities
Issuance of common stock in connection with public offering
Stock-based compensation
Net loss	(18,449)	(25,463)
Balance	$ (270,662)	$ (187,736)

Condensed Consolidated Statemen

Condensed Consolidated Statements of Cash Flows(Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net loss	$ (18,449)	$ (25,463)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment	114	110
Amortization of platform development and intangible assets	6,399	6,020
Amortization of debt discounts	660	694
Loss on impairment of assets	257
Change in valuation of warrant derivative liabilities		665
Accrued interest		1,866
Liquidated damages	172	255
Stock-based compensation	7,367	5,099
Deferred income taxes	14
Other	183	(509)
Change in operating assets and liabilities:
Accounts receivable	1,594	2,917
Subscription acquisition costs	6,150	(8,349)
Royalty fees	3,750	3,750
Prepayments and other current assets	(224)	(1,630)
Other long-term assets	52	(238)
Accounts payable	(4,912)	1,920
Accrued expenses and other	(7,444)	1,821
Unearned revenue	(8,358)	9,039
Subscription refund liability	(553)	737
Operating lease liabilities	(54)	(215)
Other long-term liabilities	(29)
Net cash used in operating activities	(13,311)	(1,511)
Cash flows from investing activities
Purchases of property and equipment	(71)	(98)
Capitalized platform development	(1,582)	(868)
Net cash used in investing activities	(1,653)	(966)
Cash flows from financing activities
Repayments under line of credit, net of borrowings	(2,697)	(1,752)
Proceeds from public offering of common stock, net of offering costs	32,058
Payment of tax withholdings of common stock withheld	(556)
Payment of restricted stock liabilities	(710)	(280)
Net cash provided by (used for) financing activities	28,095	(2,032)
Net increase (decrease) in cash, cash equivalents, and restricted cash	13,131	(4,509)
Cash, cash equivalents, and restricted cash – beginning of period	9,851	9,535
Cash, cash equivalents, and restricted cash – end of period	22,982	5,026
Cash, cash equivalents, and restricted cash
Cash and cash equivalents	22,480	4,525
Restricted cash	502	501
Total cash, cash equivalents, and restricted cash	22,982	5,026
Supplemental disclosure of cash flow information
Cash paid for interest	2,160	260
Cash paid for income taxes
Noncash investing and financing activities
Reclassification of stock-based compensation to platform development	687	309
Offering costs included in accrued expenses and other	1,568
Issuance of common stock in connection with settlement of liquidated damages	7,008
Issuance of common stock upon conversion of series H preferred stock	$ 511

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Balance Sheet Components	1. Summary of Significant Accounting Policies Basis of Presentation The condensed consolidated financial statements include the accounts of The Arena Group Holdings, Inc. (formerly known as TheMaven, Inc.) and its wholly owned subsidiaries (“The Arena Group” or the “Company”), after eliminating all significant intercompany balances and transactions. The Company does not have any off-balance sheet arrangements. The Company changed its corporate name to The Arena Group Holdings, Inc. from TheMaven, Inc. on February 8, 2022. The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements, which are included in The Arena Group’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on April 1, 2022. The condensed consolidated financial statements as of March 31, 2022, and for the three months ended March 31, 2022 and 2021, are unaudited but, in management’s opinion, include all adjustments necessary for a fair presentation of the results of interim periods. All such adjustments are of a normal recurring nature. The year-end condensed consolidated balance sheet as of December 31, 2021, was derived from audited financial statements, but does not include all disclosures required by GAAP. The results of operations for interim periods are not necessarily indicative of the results to be expected for the entire fiscal year. The Company’s impact during the first quarter of 2022 by the novel coronavirus (“COVID-19”) pandemic has been to a lesser extent than in 2021. With the initial onset of COVID-19, the Company faced significant change in its advertisers’ buying behavior. Since May 2020, there has been a steady recovery in the advertising market in both pricing and volume, which coupled with the return of professional and college sports yielded steady growth in revenues. Given that the Sports Illustrated media business relies on sporting events to generate content and comprises a material portion of the Company’s revenues, the cash flows and results of operations are susceptible to a widespread cancellation of sporting events or a general limitation of societal activity akin to what is widely known to have occurred in the Unites States and elsewhere during the 2020 calendar year and, to a lesser extent, during the 2021 calendar year. Future widespread shutdowns of in-person economic activity could have a material impact on the Company’s business. As a result of the Company’s advertising revenue declining in early 2021 caused by the widespread cancellations of sporting events, the Company is vulnerable to a risk of loss in the near term and it is at least reasonably possible that events or circumstances may occur that could cause an impact in the near term, that depend on the actions taken to prevent the further spread of COVID-19. The Company operates in one reportable segment. Reverse Stock Split The accompanying condensed consolidated financial statements and notes to the condensed consolidated financial statements give effect to the reverse stock split for all periods presented that was effective on February 9, 2022. The shares of common stock retained a par value of $ 0.01 Use of Estimates Preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the allowance for credit losses, fair values of financial instruments, capitalization of platform development, intangible assets and goodwill, useful lives of intangible assets and property and equipment, income taxes, fair value of assets acquired and liabilities assumed in the business acquisitions, determination of the fair value of stock-based compensation and valuation of derivatives liabilities and contingent liabilities, among others. The Company bases its estimates on assumptions, both historical and forward looking, that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Recently Adopted Accounting Standards In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40) In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt-Modifications and Extinguishments (Subtopic 470-50), Compensation (Topic 718), and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options, a consensus of the Emerging Issues Task Force (EITF), In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Loss per Common Share Basic loss per share is computed using the weighted average number of common shares outstanding during the period and excludes any dilutive effects of common stock equivalent shares, such as stock options, restricted stock, and warrants. All restricted stock awards are considered outstanding but are included in the computation of basic loss per common share only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested. All restricted stock units are included in the computation of basic loss per common share only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested. Contingently issuable shares are included in basic loss per common share only when there are no circumstances under which those shares would not be issued. Diluted loss per common share is computed using the weighted average number of common shares outstanding and common stock equivalent shares outstanding during the period using the treasury stock method. The Company excluded the outstanding securities summarized below (capitalized terms are described herein), which entitle the holders thereof to acquire shares of the Company’s common stock, from its calculation of net loss per common share, as their effect would have been anti-dilutive. Common stock equivalent shares are excluded from the diluted calculations when a net loss is incurred as they would be anti-dilutive. Schedule of Net Income (Loss) Per Common Share 2022 2021 As of March 31, 2022 2021 Series G convertible preferred stock 8,582 8,582 Series H Preferred Stock 2,004,971 2,699,312 Restricted Stock Awards 194,806 14,394 Financing Warrants 116,118 131,003 ABG Warrants 999,540 999,540 AllHipHop warrants 5,681 5,681 Publisher Partner Warrants 26,893 35,889 2016 Plan 286,151 321,761 2019 Plan 6,326,538 7,179,349 Outside Options 138,637 138,637 Total 10,107,917 11,534,148 2. Balance Sheet Components The components of certain balance sheet amounts are as follows: Accounts Receivable 1,578 Subscription Acquisition Costs 32,247 24,940 7,307 38,397 30,162 8,235 24,940 one year period, or through March 31, 2023 7,307 one year period ending March 31, 2023 Property and Equipment Schedule of Property and Equipment March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Office equipment and computers $ 1,407 $ 1,341 Furniture and fixtures 1 1 Gross property and equipment 1,408 1,342 Less accumulated depreciation and amortization (815 ) (706 ) Net property and equipment $ 593 $ 636 Depreciation and amortization expense for the three months ended March 31, 2022 and 2021 was $ 114 and $ 110 , respectively. Platform Development Summary of Platform Development Costs March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Platform development $ 16,699 $ 21,997 Less accumulated amortization (6,686 ) (12,698 ) Net platform development $ 10,013 $ 9,299 A summary of platform development activity for the three months ended March 31, 2022 is as follows: Summary of Platform Development Cost Activity Platform development beginning of period $ 21,997 Payroll-based costs capitalized 1,582 Less dispositions (7,356 ) Total capitalized costs 16,223 Stock-based compensation 687 Impairments (211 ) Platform development end of period $ 16,699 Amortization expense for the three months ended March 31, 2022 and 2021, was $ 1,344 1,069 211 0 Intangible Assets Schedule of Intangible Assets Subjects to Amortization As of March 31, 2022 As of December 31, 2021 Carrying Amount Accumulated Amortization Net Carrying Amount Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 17,333 $ (12,214 ) $ 5,119 $ 17,579 $ (11,465 ) $ 6,114 Trade name 3,328 (851 ) 2,477 3,328 (782 ) 2,546 Brand name 5,175 (427 ) 4,748 5,175 (298 ) 4,877 Subscriber relationships 73,459 (36,252 ) 37,207 73,459 (32,623 ) 40,836 Advertiser relationships 2,240 (629 ) 1,611 2,240 (570 ) 1,670 Database 2,397 (1,304 ) 1,093 2,397 (1,104 ) 1,293 Subtotal amortizable intangible assets 103,932 (51,677 ) 52,255 104,178 (46,842 ) 57,336 Website domain name - - - 20 - 20 Total intangible assets $ 103,932 $ (51,677 ) $ 52,255 $ 104,198 $ (46,842 ) $ 57,356 Amortization expense for the three months ended March 31, 2022 and 2021 was $ 5,055 4,951 967 1,098 46 0

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases
Leases	3. Leases The Company’s real estate lease for the use of office space was subleased during the year ended December 31, 2021 (as further described below). The Company’s current lease is a long-term operating lease with a remaining fixed payment term of 2.51 The table below presents supplemental information related to operating leases: Schedule of Supplemental Information Related to Operating Leases Three Months Ended March 31, 2022 2021 Operating lease costs during the period (1) $ 179 $ 2,718 Cash payments included in the measurement of operating lease liabilities during the period $ 117 $ 2,787 Weighted-average remaining lease term (in years) as of period-end 2.51 11.02 Weighted-average discount rate during the period 9.9 % 13.6 % (1) Operating lease costs is presented net of sublease income that is not material. The Company generally utilizes its incremental borrowing rate based on information available at the commencement of the lease in determining the present value of future payments since the implicit rate for the Company’s leases is not readily determinable. Variable lease expense includes rental increases that are not fixed, such as those based on amounts paid to the lessor based on cost or consumption, such as maintenance and utilities. The components of operating lease costs were as follows: Schedule of Operating Lease Costs 2022 2021 Three Months Ended March 31, 2022 2021 Operating lease costs: Cost of revenue $ - $ 1,797 Selling and marketing - 516 General and administrative 234 423 Total operating lease costs (1) 234 2,736 Sublease income (55 ) (18 ) Operating cost $ 179 $ 2,718 (1) Includes certain costs associated with a business membership agreement that permits access to certain office space of $ 170 Maturities of the operating lease liability as of March 31, 2022 are summarized as follows: Summary of Maturity of Lease Liabilities Years Ending December 31, 2022 (remaining nine months of the year) $ 355 2023 486 2024 373 Minimum lease payments 1,214 Less imputed interest (144 ) Present value of operating lease liability $ 1,070 Current portion of operating lease liability $ 387 Long-term portion of operating lease liability 683 Total operating lease liability $ 1,070 Sublease Agreement 582 Business Membership 57 per month for 110 accounts.

Line of Credit

Line of Credit	3 Months Ended
	Mar. 31, 2022
Line Of Credit
Line of Credit	4. Line of Credit On December 6, 2021, the Company entered into an amendment to its financing and security agreement for its line of credit with FPP Finance LLC (“FastPay”) that was originally entered into on February 27, 2020, pursuant to which (i) the maximum amount of advances available was increased to $ 25,000 15,000 6.0 8.5 February 28, 2024 9,291 11,988

Restricted Stock Liabilities

Restricted Stock Liabilities	3 Months Ended
	Mar. 31, 2022
Restricted Stock Liabilities
Restricted Stock Liabilities	5. Restricted Stock Liabilities On December 15, 2020, the Company entered into an amendment for certain restricted stock awards and units that were previously issued to certain employees in connection with a previous merger (the “HubPages merger”). Pursuant to the amendment, the Company committed to repurchase 48,389 88.00 The following table presents the components of the restricted stock liabilities: Schedule of Components of Restricted Stock Liabilities March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Restricted stock liabilities (before imputed interest) $ 2,307 $ 3,801 Less imputed interest (78 ) (177 ) Present value of restricted stock liabilities 2,229 3,624 Less payments during the period (710 ) (1,472 ) Restricted stock liabilities at end of period (reflected in accrued expenses and other) $ 1,519 $ 2,152 The Company recorded the repurchase of 8,064 6,049 1,597 18,134

Liquidated Damages Payable

Liquidated Damages Payable	3 Months Ended
	Mar. 31, 2022
Liquidated Damages Payable
Liquidated Damages Payable	6. Liquidated Damages Payable Liquidated damages were recorded as a result of the following: (i) certain registration rights agreements provide for damages if the Company does not register certain shares of the Company’s common stock within the requisite time frame (the “Registration Rights Damages”); and (ii) certain securities purchase agreements provide for damages if the Company does not maintain its periodic filings with the SEC within the requisite time frame (the “Public Information Failure Damages”). Obligations with respect to the liquidated damages payable are summarized as follows: Summary of Liquidated Damages As of March 31, 2022 Registration Rights Damages Public Information Failure Damages Accrued Interest Balance MDB common stock to be issued (1) $ 15 $ - $ - $ 15 Series H convertible preferred stock 618 625 457 1,700 Convertible debentures - 704 216 920 Series J convertible preferred stock 932 932 356 2,220 Series K convertible preferred stock 95 379 40 514 Total $ 1,660 $ 2,640 $ 1,069 $ 5,369 As of December 31, 2021 Registration Rights Damages Public Information Failure Damages Accrued Interest Balance MDB common stock to be issued (1) $ 15 $ - $ - $ 15 Series H convertible preferred stock 1,164 1,172 792 3,128 Convertible debentures - 873 242 1,115 Series I convertible preferred stock 1,386 1,386 613 3,385 Series J convertible preferred stock 1,560 1,560 490 3,610 Series K convertible preferred stock 180 722 50 952 Total $ 4,305 $ 5,713 $ 2,187 $ 12,205 (1) Consists of shares of common stock issuable to MDB Capital Group, LLC (“MDB”). The Company will continue to accrue interest on the liquidated damages balance at 1.0 % per month based on the balance outstanding as of March 31, 2022, or $ 5,369 until paid. There is no scheduled date when the unpaid liquidated damages become due. As of December 31, 2021, the short-term and long-term liquidated damages payable were $ 5,197 7,008 On January 24, 2022, the Company entered into several stock purchase agreements with several investors the Company was liable to for liquidated damages, pursuant to which the Company issued an aggregate of 505,671 shares of its common stock at a price equal to $ 13.86 per share (determined based on the volume-weighted average price of the Company’s common stock at the close of trading on the sixty (60) previous trading days), to the investors in lieu of an aggregate of $ 7,008 owed in liquidated damages. The Company agreed that it would prepare and file as soon as reasonably practicable, a registration statement covering the resale of these shares of the Company’s common stock issued in lieu of payment of these liquidated damages in cash. The Company recorded $ 6,685 323 on the settlement of the liquidated damages, which was recorded within additional paid-in capital on the condensed consolidated statement of stockholders’ deficiency.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	7. Fair Value Measurements The Company estimates the fair value of financial instruments using available market information and valuation methodologies the Company believes to be appropriate for these purposes. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts the Company would realize upon disposition. The fair value hierarchy consists of three broad levels of inputs that may be used to measure fair value, which are described below: ● Level 1 ● Level 2. ● Level 3. The Company accounted for certain warrants (as described under the heading Common Stock Warrants For the three months ended March 31, 2021, the change in valuation of warrant derivative liabilities of $ 665

Long-term Debt

Long-term Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Long-term Debt	8. Long-term Debt Senior Secured Note As of March 31, 2022 and December 31, 2021, the Company’s outstanding obligation under its senior secured note with BRF Finance Co., LLC, an affiliated entity of B. Riley Financial, Inc. (“B. Riley”), in its capacity as agent for the purchasers and as purchaser, is summarized as follows: ● On March 24, 2020, the Company entered into a second amended and restated note when the principal balance outstanding under its note issued on June 19, 2019 was $ 51,336 12,000 ● On October 23, 2020, the Company entered into a first amendment to second amended and restated note issued on March 24, 2020 (“Amendment 1”), where the maturity date was changed to December 31, 2022 (as further amended) from June 14, 2022, subject to certain acceleration conditions and interest payable on the note on September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021 will be payable in-kind in arrears on the last day of such fiscal quarter. Alternatively, at the option of the holder, such interest amounts originally could have been paid in shares of previously designated Series K convertible preferred stock (the “Series K Preferred Stock”); however, after December 18, 2020, the date the Series K Preferred Stock converted into shares of the Company’s common stock, such interest amounts can be converted into shares of the Company’s common stock based upon the conversion rate specified in the Certificate of Designation for the Series K Preferred Stock, subject to certain adjustments; ● On May 19, 2021, the Company entered into a second amendment to the second amended and restated note issued March 24, 2020 (“Amendment 2”), pursuant to which: (i) the interest rate on the Senior Secured Note, as defined below, decreased from a rate of 12.0% 10.0% ● On December 6, 2021, the Company entered into a third amendment to the second amended and restated note issued March 24, 2020 (“Amendment 3”), where the Company was permitted to increase the FastPay line of credit in an aggregate principal amount not to exceed $ 25,000 ● On January 23, 2022, the Company entered into a fourth amendment to the second amended and restated note issued March 24, 2020 (“Amendment 4”), where the maturity date on the note was extended to (i) December 31, 2023 from December 31, 2022 upon the consummation of the equity financing on February 15, 2022 (further details are provided below), or (ii) the date accelerated pursuant to certain terms of Amendment 4. Collectively, the second amended and restated note and Amendment 1, Amendment 2, Amendment 3 and Amendment 4 thereto are referred to as the “Senior Secured Note,” with all borrowings collateralized by substantially all assets of the Company. After the date of Amendment 4, interest on the note will be payable, at the agent’s sole discretion, either (a) in cash quarterly in arrears on the last day of each fiscal quarter or (b) by continuing to add such interest due on such payment dates to the principal amount of the note. Interest on the Senior Secured Note will accrue for each calendar quarter on the outstanding principal amount of the note at an aggregate rate of 10.0% Delayed Draw Term Note As of March 31, 2022 and December 31, 2021, the Company’s outstanding obligation under its delayed draw term note with B. Riley is summarized as follows: ● On March 24, 2020, the Company entered into a delayed draw term note (the “Delayed Draw Term Note”) with an interest rate of 15.0% 12,000 8,000 ● On March 24, 2020, the Company drew down $ 6,914 ● On October 23, 2020, pursuant to the terms of Amendment 1, the maturity date of the Delayed Draw Term Note was changed to March 31, 2022 (as further amended) from March 31, 2021. Amendment 1 also provided that the holder, could originally elect, in lieu of receipt of cash for payment of all or any portion of the interest due or cash payments up to a certain conversion portion of the Delayed Draw Term Note, to receive shares of Series K Preferred Stock; however, after December 18, 2020, the date the Series K Preferred Stock converted into shares of the Company’s common stock, the holder may elect, in lieu of receipt of cash for such amounts, shares of the Company’s common stock at the price the Company last sold shares of the Company’s common stock; ● On October 23, 2020, $ 3,367 ● On May 19, 2021, pursuant to Amendment 2, the interest rate on the Delayed Draw Term Note decreased to a rate of 10.0% 15.0% ● On December 28, 2021, the Company drew down $ 5,086 509 4,578 ● On February 15, 2023, pursuant to Amendment 4, the maturity date on the Delayed Draw Term Note was extended to (i) December 31, 2022 from March 31, 2022 for $ 5,925 4,000 Amendment 4 also provided that interest will be payable, at the agent’s sole discretion, either (a) in cash quarterly in arrears on the last day of each fiscal quarter or (b) in kind quarterly in arrears on the last day of each fiscal quarter, and will accrue for each fiscal quarter on the principal amount outstanding under the note at an aggregate rate of 10.0% The following table summarizes the long-term debt: Schedule of Long Term Debt As of March 31, 2022 As of December 31, 2021 Principal Balance (including accrued interest) Unamortized Discount and Debt Issuance Costs Carrying Value Principal Balance (including accrued interest) Unamortized Discount and Debt Issuance Costs Carrying Value Senior Secured Note, as amended, matures December 31, 2023 $ 62,691 $ (1,584 ) $ 61,107 $ 62,691 $ (1,935 ) $ 60,756 Delayed Draw Term Note, as amended, matures December 31, 2023 9,928 (259 ) 9,669 9,928 (567 ) 9,361 Total $ 72,619 $ (1,843 ) $ 70,776 $ 72,619 $ (2,502 ) $ 70,117 Current portion $ 5,847 $ 5,744 Long-term portion 64,929 64,373 Total $ 70,776 $ 70,117 As of March 31, 2022 and December 31, 2021, the Company’s Delayed Draw Term Note, as amended, carrying value of $ 9,669 and $ 9,361 , respectively, was as follows: (1) $ 5,847 and $ 5,744 for the first draw (including accrued interest and less unamortized discount and debt issuance costs of $ 78 and $ 180 ), respectively; and (2) $ 3,822 and $ 3,617 for the second draw (including accrued interest and less unamortized discount and debt issuance costs of $ 181 and $ 387 ), respectively. As of March 31, 2022, the effective interest rate of the Senior Secured Note, Delayed Draw Term Note first draw and second draw were 11.4 , 11.7 and 12.5 , respectively. The following table summarizes principal maturities of long-term debt: Schedule of Principal Maturities of Long-term Debt Years Ending December 31, 2022 $ 5,924 2023 66,695 Total $ 72,619

Preferred Stock

Preferred Stock	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Preferred Stock	9. Preferred Stock The Company has the authority to issue 1,000,000 0.01 ● 1,800 168 ● 23,000 authorized shares designated as “Series H Convertible Preferred Stock” (as further described below), of which 14,556 shares are outstanding. Series H Preferred Stock The Company recorded the issuance of 70,380 510 shares of the Company’s series H convertible preferred stock (the “Series H Preferred Stock”) during the three months ended March 31, 2022, as reflected on the condensed consolidated statements of stockholders’ deficiency. Series L Preferred Stock On May 4, 2021, a special committee of the Board declared a dividend of one preferred stock purchase right to be paid to the stockholders of record at the close of business on May 14, 2021 for (i) each outstanding share of the Company’s common stock and (ii) each share of the Company’s common stock issuable upon conversion of each share of the Company’s Series H Preferred Stock. Each preferred stock purchase right entitles the registered holder to purchase, subject to a rights agreement, from the Company one one-thousandth of a share of the Company’s newly created Series L Junior Participating Preferred Stock, par value $ 0.01 (i) $1.00 per share or (ii) 1,000 times the aggregate per share amount of all cash dividends, and 1,000 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions paid to the holders of the Company’s common stock. The Series L Preferred Stock will be entitled to 1,000 votes on all matters submitted to a vote of the stockholders of the Company. In the event of any merger, consolidation or other transaction in which shares of the Company’s common stock are converted or exchanged, the Series L Preferred Stock will be entitled to receive 1,000 times the amount received per one share of the Company’s common stock The rights agreement pursuant to the Series L Preferred Stock was set to expire on May 3, 2022; however, the board of directors elected to extend the expiration date, which extension is evidenced by an amended and restated rights agreement, dated May 2, 2022, by and between the Company and the rights agent, and which extension is subject to ratification by the Company’s stockholders.

Stockholders_ Equity

Stockholders’ Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Stockholders’ Equity	10. Stockholders’ Equity Common Stock The Company has the authority to issue 1,000,000,000 0.01 On February 15, 2022 and March 11, 2022, the Company raised gross proceeds of $ 34,498 pursuant to a firm commitment underwritten public offering of 4,181,603 shares of the Company’s common stock 3,636,364 545,239 8.25 32,058 1,568 30,490 Common Stock Warrants The Company issued warrants to purchase shares of the Company’s common stock to MDB Capital Group, LLC (the “MDB Warrants”), Strome Mezzanine Fund LP (the “Strome Warrants”), and B. Riley (the “B. Riley Warrants”) in connection with various financing transactions (collectively, the “Financing Warrants”). The Financing Warrants outstanding and exercisable as of March 31, 2022 are summarized as follows: Schedule of Common Stock Financing Warrants Outstanding and Exercisable Exercise Price Expiration Date Total Outstanding and Exercisable (Shares Strome Warrants $ 11.00 June 15, 2023 68,182 B. Riley Warrants 7.26 October 18, 2025 39,773 MDB Warrants 25.30 October 19, 2022 5,435 MDB Warrants 55.00 October 19, 2022 2,728 Total 116,118 The intrinsic value of exercisable but unexercised in-the-money stock warrants as of March 31, 2022 was $ 142 10.83

Compensation Plans

Compensation Plans	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
Compensation Plans	11. Compensation Plans The Company provides stock-based compensation in the form of (a) restricted stock awards to certain employees (referred to as the “Restricted Stock Awards”), (b) stock option grants to employees, directors and consultants under the 2016 Plan (as described below), (c) stock option awards, restricted stock awards, unrestricted stock awards, and stock appreciation rights to employees, directors and consultants under the 2019 Plan (as described below), (d) stock option awards outside of the 2016 Plan and 2019 Plan to certain officers, directors and employees (referred to as the “Outside Options”), (e) common stock warrants to the Company’s publisher partners (referred to as the “Publisher Partner Warrants”), and (f) common stock warrants to ABG-SI, LLC (referred to as the “ABG Warrants”). Stock-based compensation and equity-based expense charged to operations or capitalized during the three months ended March 31, 2022 and 2021 are summarized as follows: Summary of Stock-based Compensation Restricted Stock Awards 2016 Plan 2019 Plan Outside Options ABG Warrants Totals During the Three Months Ended March 31, 2022 Cost of revenue $ 430 $ 14 $ 1,714 $ - $ - $ 2,158 Selling and marketing - 9 591 - - 600 General and administrative - 48 3,941 105 515 4,609 Total costs charged to operations 430 71 6,246 105 515 7,367 Capitalized platform development - 5 682 - - 687 Total stock-based compensation $ 430 $ 76 $ 6,928 $ 105 $ 515 $ 8,054 During the Three Months Ended March 31, 2021 Cost of revenue $ 24 $ 127 $ 1,290 $ 2 $ - $ 1,443 Selling and marketing - 5 972 75 - 1,052 General and administrative 3 117 2,128 - 356 2,604 Total costs charged to operations 27 249 4,390 77 356 5,099 Capitalized platform development 5 3 299 2 - 309 Total stock-based compensation $ 32 $ 252 $ 4,689 $ 79 $ 356 $ 5,408 Unrecognized compensation expense and expected weighted-average period to be recognized related to the stock-based compensation awards and equity-based awards as of March 31, 2022 was as follows: Schedule of Unrecognized Compensation Expense Restricted Stock 2016 2019 Outside ABG Awards Plan Plan Options Warrants Totals Unrecognized compensation cost $ 1,925 $ - $ 44,563 $ - $ 1,988 $ 48,476 Expected weighted-average period expected to be recognized (in years) 1.18 - 1.84 - 1.57 1.81 Stock Option Repricing On March 18, 2022, the Company approved a repricing of certain outstanding stock options (the “Stock Option Repricing”) granted under the Company’s 2016 Stock Incentive Plan (the “2016 Plan”) and the 2019 Equity Incentive Plan (the “2019 Plan”) that had an exercise price above $ 8.82 8.82 The Stock Option Repricing of approximately 4,343,017 stock option grants (for 340 employees) that were issued to employees of the Company, including senior management, resulted in incremental cost of $ 6,061 , of which $ 143 was recognized at the time of the Stock Option Repricing for the fully vested awards and included in our condensed consolidated statement of operations, and $ 5,918 will recognized over the remaining vesting term of the original award at the repricing date.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	12. Revenue Recognition Disaggregation of Revenue The following table provides information about disaggregated revenue by category, geographical market and timing of revenue recognition: Schedule of Disaggregation of Revenue 2022 2021 Three Months Ended March 31, 2022 2021 Revenue by category: Digital revenue Digital advertising $ 21,646 $ 9,540 Digital subscriptions 6,461 7,085 Other revenue 3,465 746 Total digital revenue 31,572 17,371 Print revenue Print advertising 1,368 1,533 Print subscriptions 15,303 14,711 Total print revenue 16,671 16,244 Total $ 48,243 $ 33,615 Revenue by geographical market: United States $ 47,321 $ 32,528 Other 922 1,087 Total $ 48,243 $ 33,615 Revenue by timing of recognition: At point in time $ 41,782 $ 26,530 Over time 6,461 7,085 Total $ 48,243 $ 33,615 Contract Balances The timing of the Company’s performance under its various contracts often differs from the timing of the customer’s payment, which results in the recognition of a contract asset or a contract liability. A contract asset is recognized when a good or service is transferred to a customer and the Company does not have the contractual right to bill for the related performance obligations. A contract liability is recognized when consideration is received from the customer prior to the transfer of goods or services. The following table provides information about contract balances: Schedule of Contract with Customer, Asset and Liability March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Unearned revenue (short-term contract liabilities): Digital revenue $ 12,815 $ 14,693 Print revenue 35,704 39,337 Total unearned revenue (short-term contract liabilities) $ 48,519 $ 54,030 Unearned revenue (long-term contract liabilities): Digital revenue $ 1,321 $ 1,446 Print revenue 11,041 13,831 Total unearned revenue (long-term contract liabilities) $ 12,362 $ 15,277 Unearned Revenue

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes The provision for income taxes in interim periods is determined using an estimate of the Company’s annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of its annual effective tax rate, and if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment in such period. The quarterly provision for income taxes, and estimate of the Company’s annual effective tax rate, are subject to variation due to several factors, including variability in pre-tax income (or loss), the mix of jurisdictions to which such income relates, changes in how the Company conducts business, and tax law developments. The provision effective tax rate for the three months ended March 31, 2022 and 2021 was 0.1 % and 0.0 %, respectively. The deferred income taxes for the three months ended March 31, 2022 was primarily due to discrete items. The realization of deferred tax assets is dependent upon a variety of factors, including the generation of future taxable income, the reversal of deferred tax liabilities, and tax planning strategies. Based upon the Company’s historical operating losses and the uncertainty of future taxable income, the Company has provided a valuation allowance against most of the deferred tax assets as of March 31, 2022 and 2021.

Related Party

Related Party	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related Party	14. Related Party For the three months ended March 31, 2022, the Company had certain transactions with B. Riley, a principal stockholder, where it paid fees associated with the common stock public offering totaling $ 2,440 For the three months ended March 31, 2022 and 2021, the Company paid in cash or accrued interest that was added to the principal on the Senior Secured Note and Delayed Draw Term Note due to B. Riley, a principal stockholder, of $ 1,815 1,852 Service and Consulting Contracts For the three months ended March 31, 2022 and 2021, the Company paid James C. Heckman, its former Chief Executive Officer, consulting fees of $ 165 52 82 Repurchases of Restricted Stock On December 15, 2020, the Company entered into an amendment for certain restricted stock awards and units that were previously issued to certain employees in connection with the HubPages merger, pursuant to which the Company agreed to repurchase from certain key personnel of HubPages, Inc., including Paul Edmondson, one of the Company’s officers, and his spouse, an aggregate of 16,802 shares of the Company’s common stock at a price of $ 88.00 per share each month for a period of 24 months, for aggregate proceeds to Mr. Edmondson and his spouse of $ 67 per month (see Note 5).

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	15. Commitments and Contingencies Contingent Liability In connection with the Company’s underwritten public offering in February 2022, the Company may have a contingent liability arising out of possible violations of the Securities Act of 1933, as amended (the “Securities Act”) in connection with an investor presentation, which the Company publicly filed. Specifically, the furnishing of the investor presentation publicly may have constituted an “offer to sell” as described in Section 5(b)(1) of the Securities Act and the investor presentation may be deemed to be a prospectus that did not meet the requirements of Section 10 of the Securities Act, resulting in a potential violation of Section 5(b)(1) of the Securities Act. Any liability would depend upon the number of shares purchased by investors who reviewed and relied upon the investor presentation. If a claim were brought by any such investor and a court were to conclude that the public disclosure of such investor presentation constituted a violation of the Securities Act, the Company could be required to repurchase the shares sold to the investors at the original purchase price, plus statutory interest. The Company could also incur considerable expense in contesting any such claims. As of the issuance date of these consolidated financial statements, no legal proceedings or claims have been made or threatened by any investors. The likelihood and magnitude of this contingent liability, if any, is not determinable at this time. Claims and Litigation From time to time, the Company may be subject to claims and litigation arising in the ordinary course of business. The Company is not currently a party to any pending or threatened legal proceedings that it believes would reasonably be expected to have a material adverse effect on the Company’s business, financial condition, results of operations or cash flows.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	16. Subsequent Events The Company performed an evaluation of subsequent events through the date of filing of these condensed consolidated financial statements with the SEC. Other than the below described subsequent events, there were no material subsequent events which affected, or could affect, the amounts or disclosures on the condensed consolidated financial statements . Compensation Plans From April 1, 2022 through the date these condensed consolidated financial statements were issued, the Company granted common stock options, restricted stock units and restricted stock awards totaling 252,525 Acquisition of Athlon Holdings, Inc. On April 1, 2022, the Company acquired 100 % of the issued and outstanding capital stock of Athlon Holdings, Inc. (“Athlon”) for a purchase price of $ 18,100 , comprised of (i) a cash portion of $ 15,100 , with $ 11,800 paid at closing (including cash acquired of $ 1,800 ) and $ 3,200 to be paid post-closing (as further described below) and (ii) the issuance of 314,103 shares of the Company’s common stock with a fair market value of $ 3,000 (the fair market value of the common stock issuance was determined based on the average closing price of the Company’s common stock for the 10 trading days preceding the April 1, 2022 closing date), subject to a customary working capital adjustment based on current assets less current liabilities as of the closing date. Certain of Athlon’s key employees entered into either advisory agreements or employment agreements with the Company. The amount to be paid post-closing of $3,200 will be paid as follows: (i) $3,000 will be paid on the nine-month anniversary of the closing date, or January 1, 2023, and (ii) $245 will be paid within two business days from the date the Company receives proceeds from the sale of all or a portion of the equity interest in Just Like Falling Off a Bike, LLC that was held by Athlon as of the closing date (this amount was paid on April 4, 2022).

Balance Sheet Components (Polic

Balance Sheet Components (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements include the accounts of The Arena Group Holdings, Inc. (formerly known as TheMaven, Inc.) and its wholly owned subsidiaries (“The Arena Group” or the “Company”), after eliminating all significant intercompany balances and transactions. The Company does not have any off-balance sheet arrangements. The Company changed its corporate name to The Arena Group Holdings, Inc. from TheMaven, Inc. on February 8, 2022. The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements, which are included in The Arena Group’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on April 1, 2022. The condensed consolidated financial statements as of March 31, 2022, and for the three months ended March 31, 2022 and 2021, are unaudited but, in management’s opinion, include all adjustments necessary for a fair presentation of the results of interim periods. All such adjustments are of a normal recurring nature. The year-end condensed consolidated balance sheet as of December 31, 2021, was derived from audited financial statements, but does not include all disclosures required by GAAP. The results of operations for interim periods are not necessarily indicative of the results to be expected for the entire fiscal year. The Company’s impact during the first quarter of 2022 by the novel coronavirus (“COVID-19”) pandemic has been to a lesser extent than in 2021. With the initial onset of COVID-19, the Company faced significant change in its advertisers’ buying behavior. Since May 2020, there has been a steady recovery in the advertising market in both pricing and volume, which coupled with the return of professional and college sports yielded steady growth in revenues. Given that the Sports Illustrated media business relies on sporting events to generate content and comprises a material portion of the Company’s revenues, the cash flows and results of operations are susceptible to a widespread cancellation of sporting events or a general limitation of societal activity akin to what is widely known to have occurred in the Unites States and elsewhere during the 2020 calendar year and, to a lesser extent, during the 2021 calendar year. Future widespread shutdowns of in-person economic activity could have a material impact on the Company’s business. As a result of the Company’s advertising revenue declining in early 2021 caused by the widespread cancellations of sporting events, the Company is vulnerable to a risk of loss in the near term and it is at least reasonably possible that events or circumstances may occur that could cause an impact in the near term, that depend on the actions taken to prevent the further spread of COVID-19. The Company operates in one reportable segment.
Reverse Stock Split	Reverse Stock Split The accompanying condensed consolidated financial statements and notes to the condensed consolidated financial statements give effect to the reverse stock split for all periods presented that was effective on February 9, 2022. The shares of common stock retained a par value of $ 0.01
Use of Estimates	Use of Estimates Preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the allowance for credit losses, fair values of financial instruments, capitalization of platform development, intangible assets and goodwill, useful lives of intangible assets and property and equipment, income taxes, fair value of assets acquired and liabilities assumed in the business acquisitions, determination of the fair value of stock-based compensation and valuation of derivatives liabilities and contingent liabilities, among others. The Company bases its estimates on assumptions, both historical and forward looking, that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40) In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt-Modifications and Extinguishments (Subtopic 470-50), Compensation (Topic 718), and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options, a consensus of the Emerging Issues Task Force (EITF), In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers
Loss per Common Share	Loss per Common Share Basic loss per share is computed using the weighted average number of common shares outstanding during the period and excludes any dilutive effects of common stock equivalent shares, such as stock options, restricted stock, and warrants. All restricted stock awards are considered outstanding but are included in the computation of basic loss per common share only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested. All restricted stock units are included in the computation of basic loss per common share only when the underlying restrictions expire, the shares are no longer forfeitable, and are thus vested. Contingently issuable shares are included in basic loss per common share only when there are no circumstances under which those shares would not be issued. Diluted loss per common share is computed using the weighted average number of common shares outstanding and common stock equivalent shares outstanding during the period using the treasury stock method. The Company excluded the outstanding securities summarized below (capitalized terms are described herein), which entitle the holders thereof to acquire shares of the Company’s common stock, from its calculation of net loss per common share, as their effect would have been anti-dilutive. Common stock equivalent shares are excluded from the diluted calculations when a net loss is incurred as they would be anti-dilutive. Schedule of Net Income (Loss) Per Common Share 2022 2021 As of March 31, 2022 2021 Series G convertible preferred stock 8,582 8,582 Series H Preferred Stock 2,004,971 2,699,312 Restricted Stock Awards 194,806 14,394 Financing Warrants 116,118 131,003 ABG Warrants 999,540 999,540 AllHipHop warrants 5,681 5,681 Publisher Partner Warrants 26,893 35,889 2016 Plan 286,151 321,761 2019 Plan 6,326,538 7,179,349 Outside Options 138,637 138,637 Total 10,107,917 11,534,148 2. Balance Sheet Components The components of certain balance sheet amounts are as follows: Accounts Receivable 1,578 Subscription Acquisition Costs 32,247 24,940 7,307 38,397 30,162 8,235 24,940 one year period, or through March 31, 2023 7,307 one year period ending March 31, 2023 Property and Equipment Schedule of Property and Equipment March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Office equipment and computers $ 1,407 $ 1,341 Furniture and fixtures 1 1 Gross property and equipment 1,408 1,342 Less accumulated depreciation and amortization (815 ) (706 ) Net property and equipment $ 593 $ 636 Depreciation and amortization expense for the three months ended March 31, 2022 and 2021 was $ 114 and $ 110 , respectively. Platform Development Summary of Platform Development Costs March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Platform development $ 16,699 $ 21,997 Less accumulated amortization (6,686 ) (12,698 ) Net platform development $ 10,013 $ 9,299 A summary of platform development activity for the three months ended March 31, 2022 is as follows: Summary of Platform Development Cost Activity Platform development beginning of period $ 21,997 Payroll-based costs capitalized 1,582 Less dispositions (7,356 ) Total capitalized costs 16,223 Stock-based compensation 687 Impairments (211 ) Platform development end of period $ 16,699 Amortization expense for the three months ended March 31, 2022 and 2021, was $ 1,344 1,069 211 0 Intangible Assets Schedule of Intangible Assets Subjects to Amortization As of March 31, 2022 As of December 31, 2021 Carrying Amount Accumulated Amortization Net Carrying Amount Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 17,333 $ (12,214 ) $ 5,119 $ 17,579 $ (11,465 ) $ 6,114 Trade name 3,328 (851 ) 2,477 3,328 (782 ) 2,546 Brand name 5,175 (427 ) 4,748 5,175 (298 ) 4,877 Subscriber relationships 73,459 (36,252 ) 37,207 73,459 (32,623 ) 40,836 Advertiser relationships 2,240 (629 ) 1,611 2,240 (570 ) 1,670 Database 2,397 (1,304 ) 1,093 2,397 (1,104 ) 1,293 Subtotal amortizable intangible assets 103,932 (51,677 ) 52,255 104,178 (46,842 ) 57,336 Website domain name - - - 20 - 20 Total intangible assets $ 103,932 $ (51,677 ) $ 52,255 $ 104,198 $ (46,842 ) $ 57,356 Amortization expense for the three months ended March 31, 2022 and 2021 was $ 5,055 4,951 967 1,098 46 0

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule of Net Income (Loss) Per Common Share	The Company excluded the outstanding securities summarized below (capitalized terms are described herein), which entitle the holders thereof to acquire shares of the Company’s common stock, from its calculation of net loss per common share, as their effect would have been anti-dilutive. Common stock equivalent shares are excluded from the diluted calculations when a net loss is incurred as they would be anti-dilutive. Schedule of Net Income (Loss) Per Common Share 2022 2021 As of March 31, 2022 2021 Series G convertible preferred stock 8,582 8,582 Series H Preferred Stock 2,004,971 2,699,312 Restricted Stock Awards 194,806 14,394 Financing Warrants 116,118 131,003 ABG Warrants 999,540 999,540 AllHipHop warrants 5,681 5,681 Publisher Partner Warrants 26,893 35,889 2016 Plan 286,151 321,761 2019 Plan 6,326,538 7,179,349 Outside Options 138,637 138,637 Total 10,107,917 11,534,148
Schedule of Property and Equipment	Property and Equipment Schedule of Property and Equipment March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Office equipment and computers $ 1,407 $ 1,341 Furniture and fixtures 1 1 Gross property and equipment 1,408 1,342 Less accumulated depreciation and amortization (815 ) (706 ) Net property and equipment $ 593 $ 636
Summary of Platform Development Costs	Platform Development Summary of Platform Development Costs March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Platform development $ 16,699 $ 21,997 Less accumulated amortization (6,686 ) (12,698 ) Net platform development $ 10,013 $ 9,299
Summary of Platform Development Cost Activity	A summary of platform development activity for the three months ended March 31, 2022 is as follows: Summary of Platform Development Cost Activity Platform development beginning of period $ 21,997 Payroll-based costs capitalized 1,582 Less dispositions (7,356 ) Total capitalized costs 16,223 Stock-based compensation 687 Impairments (211 ) Platform development end of period $ 16,699
Schedule of Intangible Assets Subjects to Amortization	Intangible Assets Schedule of Intangible Assets Subjects to Amortization As of March 31, 2022 As of December 31, 2021 Carrying Amount Accumulated Amortization Net Carrying Amount Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 17,333 $ (12,214 ) $ 5,119 $ 17,579 $ (11,465 ) $ 6,114 Trade name 3,328 (851 ) 2,477 3,328 (782 ) 2,546 Brand name 5,175 (427 ) 4,748 5,175 (298 ) 4,877 Subscriber relationships 73,459 (36,252 ) 37,207 73,459 (32,623 ) 40,836 Advertiser relationships 2,240 (629 ) 1,611 2,240 (570 ) 1,670 Database 2,397 (1,304 ) 1,093 2,397 (1,104 ) 1,293 Subtotal amortizable intangible assets 103,932 (51,677 ) 52,255 104,178 (46,842 ) 57,336 Website domain name - - - 20 - 20 Total intangible assets $ 103,932 $ (51,677 ) $ 52,255 $ 104,198 $ (46,842 ) $ 57,356

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases
Schedule of Supplemental Information Related to Operating Leases	The table below presents supplemental information related to operating leases: Schedule of Supplemental Information Related to Operating Leases Three Months Ended March 31, 2022 2021 Operating lease costs during the period (1) $ 179 $ 2,718 Cash payments included in the measurement of operating lease liabilities during the period $ 117 $ 2,787 Weighted-average remaining lease term (in years) as of period-end 2.51 11.02 Weighted-average discount rate during the period 9.9 % 13.6 % (1) Operating lease costs is presented net of sublease income that is not material.
Schedule of Operating Lease Costs	The components of operating lease costs were as follows: Schedule of Operating Lease Costs 2022 2021 Three Months Ended March 31, 2022 2021 Operating lease costs: Cost of revenue $ - $ 1,797 Selling and marketing - 516 General and administrative 234 423 Total operating lease costs (1) 234 2,736 Sublease income (55 ) (18 ) Operating cost $ 179 $ 2,718 (1) Includes certain costs associated with a business membership agreement that permits access to certain office space of $ 170
Summary of Maturity of Lease Liabilities	Maturities of the operating lease liability as of March 31, 2022 are summarized as follows: Summary of Maturity of Lease Liabilities Years Ending December 31, 2022 (remaining nine months of the year) $ 355 2023 486 2024 373 Minimum lease payments 1,214 Less imputed interest (144 ) Present value of operating lease liability $ 1,070 Current portion of operating lease liability $ 387 Long-term portion of operating lease liability 683 Total operating lease liability $ 1,070

Restricted Stock Liabilities (T

Restricted Stock Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Restricted Stock Liabilities
Schedule of Components of Restricted Stock Liabilities	The following table presents the components of the restricted stock liabilities: Schedule of Components of Restricted Stock Liabilities March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Restricted stock liabilities (before imputed interest) $ 2,307 $ 3,801 Less imputed interest (78 ) (177 ) Present value of restricted stock liabilities 2,229 3,624 Less payments during the period (710 ) (1,472 ) Restricted stock liabilities at end of period (reflected in accrued expenses and other) $ 1,519 $ 2,152

Liquidated Damages Payable (Tab

Liquidated Damages Payable (Tables)	3 Months Ended
	Mar. 31, 2022
Liquidated Damages Payable
Summary of Liquidated Damages	Obligations with respect to the liquidated damages payable are summarized as follows: Summary of Liquidated Damages As of March 31, 2022 Registration Rights Damages Public Information Failure Damages Accrued Interest Balance MDB common stock to be issued (1) $ 15 $ - $ - $ 15 Series H convertible preferred stock 618 625 457 1,700 Convertible debentures - 704 216 920 Series J convertible preferred stock 932 932 356 2,220 Series K convertible preferred stock 95 379 40 514 Total $ 1,660 $ 2,640 $ 1,069 $ 5,369 As of December 31, 2021 Registration Rights Damages Public Information Failure Damages Accrued Interest Balance MDB common stock to be issued (1) $ 15 $ - $ - $ 15 Series H convertible preferred stock 1,164 1,172 792 3,128 Convertible debentures - 873 242 1,115 Series I convertible preferred stock 1,386 1,386 613 3,385 Series J convertible preferred stock 1,560 1,560 490 3,610 Series K convertible preferred stock 180 722 50 952 Total $ 4,305 $ 5,713 $ 2,187 $ 12,205 (1) Consists of shares of common stock issuable to MDB Capital Group, LLC (“MDB”).

Long-term Debt (Tables)

Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long Term Debt	The following table summarizes the long-term debt: Schedule of Long Term Debt As of March 31, 2022 As of December 31, 2021 Principal Balance (including accrued interest) Unamortized Discount and Debt Issuance Costs Carrying Value Principal Balance (including accrued interest) Unamortized Discount and Debt Issuance Costs Carrying Value Senior Secured Note, as amended, matures December 31, 2023 $ 62,691 $ (1,584 ) $ 61,107 $ 62,691 $ (1,935 ) $ 60,756 Delayed Draw Term Note, as amended, matures December 31, 2023 9,928 (259 ) 9,669 9,928 (567 ) 9,361 Total $ 72,619 $ (1,843 ) $ 70,776 $ 72,619 $ (2,502 ) $ 70,117 Current portion $ 5,847 $ 5,744 Long-term portion 64,929 64,373 Total $ 70,776 $ 70,117
Schedule of Principal Maturities of Long-term Debt	The following table summarizes principal maturities of long-term debt: Schedule of Principal Maturities of Long-term Debt Years Ending December 31, 2022 $ 5,924 2023 66,695 Total $ 72,619

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Common Stock Financing Warrants Outstanding and Exercisable	The Financing Warrants outstanding and exercisable as of March 31, 2022 are summarized as follows: Schedule of Common Stock Financing Warrants Outstanding and Exercisable Exercise Price Expiration Date Total Outstanding and Exercisable (Shares Strome Warrants $ 11.00 June 15, 2023 68,182 B. Riley Warrants 7.26 October 18, 2025 39,773 MDB Warrants 25.30 October 19, 2022 5,435 MDB Warrants 55.00 October 19, 2022 2,728 Total 116,118

Compensation Plans (Tables)

Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock-based Compensation	Stock-based compensation and equity-based expense charged to operations or capitalized during the three months ended March 31, 2022 and 2021 are summarized as follows: Summary of Stock-based Compensation Restricted Stock Awards 2016 Plan 2019 Plan Outside Options ABG Warrants Totals During the Three Months Ended March 31, 2022 Cost of revenue $ 430 $ 14 $ 1,714 $ - $ - $ 2,158 Selling and marketing - 9 591 - - 600 General and administrative - 48 3,941 105 515 4,609 Total costs charged to operations 430 71 6,246 105 515 7,367 Capitalized platform development - 5 682 - - 687 Total stock-based compensation $ 430 $ 76 $ 6,928 $ 105 $ 515 $ 8,054 During the Three Months Ended March 31, 2021 Cost of revenue $ 24 $ 127 $ 1,290 $ 2 $ - $ 1,443 Selling and marketing - 5 972 75 - 1,052 General and administrative 3 117 2,128 - 356 2,604 Total costs charged to operations 27 249 4,390 77 356 5,099 Capitalized platform development 5 3 299 2 - 309 Total stock-based compensation $ 32 $ 252 $ 4,689 $ 79 $ 356 $ 5,408
Schedule of Unrecognized Compensation Expense	Unrecognized compensation expense and expected weighted-average period to be recognized related to the stock-based compensation awards and equity-based awards as of March 31, 2022 was as follows: Schedule of Unrecognized Compensation Expense Restricted Stock 2016 2019 Outside ABG Awards Plan Plan Options Warrants Totals Unrecognized compensation cost $ 1,925 $ - $ 44,563 $ - $ 1,988 $ 48,476 Expected weighted-average period expected to be recognized (in years) 1.18 - 1.84 - 1.57 1.81

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following table provides information about disaggregated revenue by category, geographical market and timing of revenue recognition: Schedule of Disaggregation of Revenue 2022 2021 Three Months Ended March 31, 2022 2021 Revenue by category: Digital revenue Digital advertising $ 21,646 $ 9,540 Digital subscriptions 6,461 7,085 Other revenue 3,465 746 Total digital revenue 31,572 17,371 Print revenue Print advertising 1,368 1,533 Print subscriptions 15,303 14,711 Total print revenue 16,671 16,244 Total $ 48,243 $ 33,615 Revenue by geographical market: United States $ 47,321 $ 32,528 Other 922 1,087 Total $ 48,243 $ 33,615 Revenue by timing of recognition: At point in time $ 41,782 $ 26,530 Over time 6,461 7,085 Total $ 48,243 $ 33,615
Schedule of Contract with Customer, Asset and Liability	The following table provides information about contract balances: Schedule of Contract with Customer, Asset and Liability March 31, 2022 December 31, 2021 As of March 31, 2022 December 31, 2021 Unearned revenue (short-term contract liabilities): Digital revenue $ 12,815 $ 14,693 Print revenue 35,704 39,337 Total unearned revenue (short-term contract liabilities) $ 48,519 $ 54,030 Unearned revenue (long-term contract liabilities): Digital revenue $ 1,321 $ 1,446 Print revenue 11,041 13,831 Total unearned revenue (long-term contract liabilities) $ 12,362 $ 15,277

Schedule of Net Income (Loss) P

Schedule of Net Income (Loss) Per Common Share (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	10,107,917	11,534,148
Series G Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	8,582	8,582
Series H Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	2,004,971	2,699,312
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	194,806	14,394
Financing Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	116,118	131,003
ABG Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	999,540	999,540
AllHipHop Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	5,681	5,681
Publisher Partner Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	26,893	35,889
Two Thousand Sixteen Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	286,151	321,761
Two Thousand Nineteen Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	6,326,538	7,179,349
Outside Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	138,637	138,637

Schedule of Property and Equipm

Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Gross property and equipment	$ 1,408	$ 1,342
Less accumulated depreciation and amortization	(815)	(706)
Net property and equipment	593	636
Office Equipment and Computers [Member]
Property, Plant and Equipment [Line Items]
Gross property and equipment	1,407	1,341
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Gross property and equipment	$ 1	$ 1

Summary of Platform Development

Summary of Platform Development Costs (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Platform development	$ 16,699	$ 21,997
Less accumulated amortization	(6,686)	(12,698)
Net platform development	$ 10,013	$ 9,299

Summary of Platform Developme_2

Summary of Platform Development Cost Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Stock-based compensation	$ 7,367	$ 5,099
Platform Development [Member]
Property, Plant and Equipment [Line Items]
Platform development beginning of period	21,997
Payroll-based costs capitalized	1,582
Less dispositions	(7,356)
Total capitalized costs	16,223
Stock-based compensation	687
Impairments	(211)	$ 0
Platform development end of period	$ 16,699

Schedule of Intangible Assets S

Schedule of Intangible Assets Subjects to Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 103,932	$ 104,198
Intangible assets, accumulated amortization	(51,677)	(46,842)
Intangible assets, net	52,255	57,356
Developed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	17,333	17,579
Intangible assets, accumulated amortization	(12,214)	(11,465)
Intangible assets, net	5,119	6,114
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	3,328	3,328
Intangible assets, accumulated amortization	(851)	(782)
Intangible assets, net	2,477	2,546
Brand Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	5,175	5,175
Intangible assets, accumulated amortization	(427)	(298)
Intangible assets, net	4,748	4,877
Subscriber Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	73,459	73,459
Intangible assets, accumulated amortization	(36,252)	(32,623)
Intangible assets, net	37,207	40,836
Advertiser Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	2,240	2,240
Intangible assets, accumulated amortization	(629)	(570)
Intangible assets, net	1,611	1,670
Database Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	2,397	2,397
Intangible assets, accumulated amortization	(1,304)	(1,104)
Intangible assets, net	1,093	1,293
Subtotal Amortizable Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	103,932	104,178
Intangible assets, accumulated amortization	(51,677)	(46,842)
Intangible assets, net	52,255	57,336
Website Domain Name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross		20
Intangible assets, accumulated amortization
Intangible assets, net		$ 20

Balance Sheet Components (Detai

Balance Sheet Components (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Common stock, par or stated value per share	$ 0.01		$ 0.01
Allowance for doubtful accounts	$ 1,578		$ 1,578
Acquisition costs	32,247		38,397
Short term acquisition cost	24,940		30,162
Long term acquisition cost	7,307		$ 8,235
Depreciation and amortization expense	114	$ 110
Amortization expense of intangible asset	5,055	4,951
Impairment charges	46	0
Developed Technology [Member]
Property, Plant and Equipment [Line Items]
Amortization expense of intangible asset	967	1,098
Platform Development [Member]
Property, Plant and Equipment [Line Items]
Amortization expense	1,344	1,069
Asset impairment charges	$ 211	$ 0
Short Term Asset [Member]
Property, Plant and Equipment [Line Items]
Capitalized contract cost amortization description	one year period, or through March 31, 2023
Long Term Asset [Member]
Property, Plant and Equipment [Line Items]
Capitalized contract cost amortization description	one year period ending March 31, 2023

Schedule of Supplemental Inform

Schedule of Supplemental Information Related to Operating Leases (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Leases
Operating lease costs during the period	[1]	$ 179	$ 2,718
Cash payments included in the measurement of operating lease liabilities during the period		$ 117	$ 2,787
Weighted-average remaining lease term (in years) as of period-end		2 years 6 months 3 days	11 years 7 days
Weighted-average discount rate during the period		9.90%	13.60%
[1]	Operating lease costs is presented net of sublease income that is not material.

Schedule of Operating Lease Cos

Schedule of Operating Lease Costs (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Operating lease costs:
Operating cost	[1]	$ 179	$ 2,718
Total operating lease costs (1)	[2]	234	2,736
Sublease income		(55)	(18)
Cost Of Revenue [Member]
Operating lease costs:
Operating cost			1,797
Selling and Marketing Expense [Member]
Operating lease costs:
Operating cost			516
General and Administrative Expense [Member]
Operating lease costs:
Operating cost		$ 234	$ 423
[1]	Operating lease costs is presented net of sublease income that is not material.
[2]	Includes certain costs associated with a business membership agreement that permits access to certain office space of $ 170

Schedule of Operating Lease C_2

Schedule of Operating Lease Costs (Details) (Parenthetical) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease cost	[1]	$ 179	$ 2,718
Business Membership Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease cost		$ 170
[1]	Operating lease costs is presented net of sublease income that is not material.

Summary of Maturity of Lease Li

Summary of Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Leases
2022 (remaining nine months of the year)	$ 355
2023	486
2024	373
Minimum lease payments	1,214
Less imputed interest	(144)
Total operating lease liability	1,070
Current portion of operating lease liability	387	$ 374
Long-term portion of operating lease liability	$ 683	$ 785

Leases (Details Narrative)

Leases (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Oct. 01, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease operating term			2 years 6 months 3 days
Sublease income	$ 55	$ 18
Operating Lease, Liability	1,070
Sublease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sublease income	$ 582
Business Membership Agreement [Member] | York factory LLC [Member] | 110 Accounts [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating Lease, Liability				$ 57

Line of Credit (Details Narrati

Line of Credit (Details Narrative) - USD ($) $ in Thousands	Dec. 06, 2021	Mar. 31, 2022	Dec. 31, 2021
Lines of credit current		$ 9,291	$ 11,988
Fast Pay Credit Facility [Member]
Lines of credit current		$ 9,291	$ 11,988
Financing and Security Agreement [Member]
Line of credit expiration date	Feb. 28, 2024
Financing and Security Agreement [Member] | FPP Finance LLC [Member] | Maximum [Member]
Line of credit	$ 25,000
Line of credit interest rate	8.50%
Financing and Security Agreement [Member] | FPP Finance LLC [Member] | Minimum [Member]
Line of credit	$ 15,000
Line of credit interest rate	6.00%

Schedule of Components of Restr

Schedule of Components of Restricted Stock Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Restricted Stock Liabilities
Restricted stock liabilities (before imputed interest)	$ 2,307	$ 3,801
Less imputed interest	(78)	(177)
Present value of restricted stock liabilities	2,229	3,624
Less payments during the period	(710)	(1,472)
Restricted stock liabilities at end of period (reflected in accrued expenses and other)	$ 1,519	$ 2,152

Restricted Stock Liabilities (D

Restricted Stock Liabilities (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 04, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares vested				48,389
Purchase price per share				$ 88
Subsequent Event [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock repurchased during the period	18,134
Payment for repurchase of equity	$ 1,597
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock repurchased during the period		8,064	6,049

Summary of Liquidated Damages (

Summary of Liquidated Damages (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Registration Rights Damages		$ 1,660	$ 4,305
Public information failure damages		2,640	5,713
Accrued interest		1,069	2,187
Liquidated damages payable, current		5,369	12,205
MDB Common Stock To Be Issued [Member]
Registration Rights Damages	[1]	15	15
Public information failure damages	[1]
Accrued interest	[1]
Liquidated damages payable, current	[1]	15	15
Series H Preferred Stock [Member]
Registration Rights Damages		618	1,164
Public information failure damages		625	1,172
Accrued interest		457	792
Liquidated damages payable, current		1,700	3,128
Convertible Debentures [Member]
Registration Rights Damages
Public information failure damages		704	873
Accrued interest		216	242
Liquidated damages payable, current		920	1,115
Series J Convertible Preferred Stock [Member]
Registration Rights Damages		932	1,560
Public information failure damages		932	1,560
Accrued interest		356	490
Liquidated damages payable, current		2,220	3,610
Series K Convertible Preferred Stock [Member]
Registration Rights Damages		95	180
Public information failure damages		379	722
Accrued interest		40	50
Liquidated damages payable, current		$ 514	952
Series I Convertible Preferred Stock [Member]
Registration Rights Damages			1,386
Public information failure damages			1,386
Accrued interest			613
Liquidated damages payable, current			$ 3,385
[1]	Consists of shares of common stock issuable to MDB Capital Group, LLC (“MDB”).

Liquidated Damages Payable (Det

Liquidated Damages Payable (Details Narrative) - USD ($)	Jan. 24, 2022	Jan. 24, 2022	Mar. 31, 2022	Dec. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
[custom:LiquidatedDamagesPayableAccruedInterestPercentage]			1.00%
Liquidated damages			$ 5,369,000
Liquidated damages payable current			5,369,000	$ 5,197,000
Liquidating damages payable, net of current portion				$ 7,008,000
[custom:AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages]			$ 323,000
Several Stock Purchase Agreements [Member] | Several Investors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock Issued During Period, Shares, New Issues	505,671
Shares Issued, Price Per Share	$ 13.86	$ 13.86
Loss Contingency, Damages Sought, Value	$ 7,008,000
Number of share issued value		$ 6,685
[custom:AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages]	$ 323,000

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Change in valuation of warrant derivative liabilities		$ 665

Schedule of Long Term Debt (Det

Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Principal balance (including accrued interest), total	$ 72,619	$ 72,619
Unamortized discount and debt issuance cost, total	(1,843)	(2,502)
Carrying value, total	70,776	70,117
Long term debt, current	5,847	5,744
Long term debt, non current	$ 64,929	$ 64,373
Senior Secured Note [Member]
Short-Term Debt [Line Items]
Maturity date	Dec. 31, 2023	Dec. 31, 2023
Principal balance (including accrued interest), total	$ 62,691	$ 62,691
Unamortized discount and debt issuance cost, total	(1,584)	(1,935)
Carrying value, total	$ 61,107	$ 60,756
Delayed Draw Term Note [Member]
Short-Term Debt [Line Items]
Maturity date	Dec. 31, 2023	Dec. 31, 2023
Principal balance (including accrued interest), total	$ 9,928	$ 9,928
Unamortized discount and debt issuance cost, total	(259)	(567)
Carrying value, total	$ 9,669	$ 9,361

Schedule of Principal Maturitie

Schedule of Principal Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
2022		$ 5,924
2023		66,695
Total	$ 72,619	$ 72,619

Long-term Debt (Details Narrati

Long-term Debt (Details Narrative) - USD ($) $ in Thousands	Feb. 15, 2023	Dec. 28, 2021	May 19, 2021	Oct. 23, 2020	Mar. 24, 2020	Mar. 31, 2022	Jan. 23, 2022	Dec. 31, 2021	Dec. 06, 2021	Mar. 31, 2021	Jun. 19, 2019
Short-Term Debt [Line Items]
Carrying value						$ 70,776		$ 70,117
Delayed Draw Term Note One [Member]
Short-Term Debt [Line Items]
Accrued interest						5,847		5,744
Unamortized discount and debt issuance costs						78		180
Delayed Draw Term Note Two [Member]
Short-Term Debt [Line Items]
Accrued interest						3,822		3,617
Unamortized discount and debt issuance costs						$ 181		387
Senior Secured Note [Member]
Short-Term Debt [Line Items]
Debt instrument, Principal amount										$ 8,000	$ 51,336
Debt instrument interest rate, percentage			12.00%			11.40%	10.00%
Debt instrument interest rate, decrease			10.00%
Principal amount									$ 25,000
Carrying value						$ 61,107		60,756
Senior Secured Note [Member] | Delayed Draw Term Note [Member]
Short-Term Debt [Line Items]
Debt instrument, Principal amount					$ 12,000
Delayed Draw Term Note [Member]
Short-Term Debt [Line Items]
Debt instrument, Principal amount					$ 12,000
Debt instrument interest rate, percentage			15.00%		15.00%
Debt instrument interest rate, decrease			10.00%
Proceeds from issuance of debt		$ 5,086			$ 6,914
Debt principal and accrued interest, amount				$ 3,367
Commitment and funding, fees		509
Working capital		$ 4,578
Carrying value						$ 9,669		$ 9,361
Delayed Draw Term Note [Member] | Forecast [Member]
Short-Term Debt [Line Items]
Debt instrument interest rate, percentage	10.00%
Debt instrument, periodic payment	$ 5,925
Debt instrument periodic payment, interest	$ 4,000
Delayed Draw Term Note First Draw [Member]
Short-Term Debt [Line Items]
Debt instrument interest rate, percentage						11.70%
Delayed Draw Term Note Second Draw [Member]
Short-Term Debt [Line Items]
Debt instrument interest rate, percentage						12.50%

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) - USD ($)	May 04, 2021	Mar. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Preferred stock, shares authorized		1,000,000
Preferred stock, par value		$ 0.01
Convertible preferred stock shares upon conversion		70,380
Series G Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Temporary equity, shares authorized		1,800
Temporary equity, liquidation preference value		$ 168
Series H Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Temporary equity, shares authorized		23,000	23,000
Temporary equity, liquidation preference value		$ 14,556,000	$ 15,066,000
Temporary Equity, Shares Outstanding		14,556	15,066
Convertible preferred stock shares upon conversion		510
Series L Preferred Stock [Member]
Class of Stock [Line Items]
Shares price	$ 0.01
Preferred stock, voting rights	(i) $1.00 per share or (ii) 1,000 times the aggregate per share amount of all cash dividends, and 1,000 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions paid to the holders of the Company’s common stock. The Series L Preferred Stock will be entitled to 1,000 votes on all matters submitted to a vote of the stockholders of the Company. In the event of any merger, consolidation or other transaction in which shares of the Company’s common stock are converted or exchanged, the Series L Preferred Stock will be entitled to receive 1,000 times the amount received per one share of the Company’s common stock

Schedule of Common Stock Financ

Schedule of Common Stock Financing Warrants Outstanding and Exercisable (Details)	Mar. 31, 2022$ / sharesshares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total Outstanding and Exercisable Financing Warrants (Shares)	116,118
Strome Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Financing Warrants Exercise Price | $ / shares	$ 11
Financing Warrants Expiration Date	Jun. 15, 2023
Total Outstanding and Exercisable Financing Warrants (Shares)	68,182
B. Riley Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Financing Warrants Exercise Price | $ / shares	$ 7.26
Financing Warrants Expiration Date	Oct. 18, 2025
Total Outstanding and Exercisable Financing Warrants (Shares)	39,773
MDB Warrants One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Financing Warrants Exercise Price | $ / shares	$ 25.30
Financing Warrants Expiration Date	Oct. 19, 2022
Total Outstanding and Exercisable Financing Warrants (Shares)	5,435
MDB Warrants Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Financing Warrants Exercise Price | $ / shares	$ 55
Financing Warrants Expiration Date	Oct. 19, 2022
Total Outstanding and Exercisable Financing Warrants (Shares)	2,728

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Mar. 11, 2022	Feb. 15, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]
Common stock, shares authorized			1,000,000,000		1,000,000,000
Common stock, par value			$ 0.01		$ 0.01
Proceeds from Issuance of Common Stock	$ 34,498
Proceeds from Issuance Initial Public Offering	4,181,603		$ 32,058
[custom:ProceedsAfterDeductingUnderwriteDiscount]	$ 32,058
Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock, price per share			$ 10.83
Aggregate intrinsic value			$ 142
Underwriter Over Allotment [Member]
Subsidiary, Sale of Stock [Line Items]
Stock Issued During Period, Shares, New Issues	545,239	3,636,364
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock, price per share			$ 8.25
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
[custom:OfferingCost]			$ 1,568
Stock Issued During Period, Value, New Issues			$ 30,490

Summary of Stock-based Compensa

Summary of Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	$ 28,497	$ 28,208
Selling and marketing	17,216	17,529
General and administrative	13,514	5,638
Total stock-based compensation	7,367	5,099
Stock-based Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	2,158	1,443
Selling and marketing	600	1,052
General and administrative	4,609	2,604
Total costs charged to operations	7,367	5,099
Capitalized platform development	687	309
Total stock-based compensation	8,054	5,408
Stock-based Compensation [Member] | ABG Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue
Selling and marketing
General and administrative	515	356
Total costs charged to operations	515	356
Capitalized platform development
Total stock-based compensation	515	356
Restricted Stock [Member] | Stock-based Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	430	24
Selling and marketing
General and administrative		3
Total costs charged to operations	430	27
Capitalized platform development		5
Total stock-based compensation	430	32
Two Thousand Sixteen Plan [Member] | Stock-based Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	14	127
Selling and marketing	9	5
General and administrative	48	117
Total costs charged to operations	71	249
Capitalized platform development	5	3
Total stock-based compensation	76	252
Two Thousand Nineteen Plan [Member] | Stock-based Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	1,714	1,290
Selling and marketing	591	972
General and administrative	3,941	2,128
Total costs charged to operations	6,246	4,390
Capitalized platform development	682	299
Total stock-based compensation	6,928	4,689
Outside Options [Member] | Stock-based Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue		2
Selling and marketing		75
General and administrative	105
Total costs charged to operations	105	77
Capitalized platform development		2
Total stock-based compensation	$ 105	$ 79

Schedule of Unrecognized Compen

Schedule of Unrecognized Compensation Expense (Details) - Stock-based Compensation [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense	$ 48,476
Weighted average period expected to be recognized	1 year 9 months 21 days
ABG Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense	$ 1,988
Weighted average period expected to be recognized	1 year 6 months 25 days
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense	$ 1,925
Weighted average period expected to be recognized	1 year 2 months 4 days
Two Thousand Sixteen Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense
Two Thousand Nineteen Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense	$ 44,563
Weighted average period expected to be recognized	1 year 10 months 2 days
Outside Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation expense

Compensation Plans (Details Nar

Compensation Plans (Details Narrative) $ / shares in Units, $ in Thousands	Mar. 18, 2022USD ($)$ / sharesshares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross | shares	4,343,017
Share-Based Payment Arrangement, Plan Modification, Incremental Cost	$ 6,061
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	143
[custom:OriginalAwardAtTheRepricingDate]	$ 5,918
2016 and 2019 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Excercise price | $ / shares	$ 8.82

Schedule of Disaggregation of R

Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total	$ 48,243	$ 33,615
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	41,782	26,530
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	6,461	7,085
UNITED STATES
Disaggregation of Revenue [Line Items]
Total	47,321	32,528
Other [Member]
Disaggregation of Revenue [Line Items]
Total	922	1,087
Digital Advertising [Member]
Disaggregation of Revenue [Line Items]
Total	21,646	9,540
Digital Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Total	6,461	7,085
Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	3,465	746
Digital Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	31,572	17,371
Print Advertising [Member]
Disaggregation of Revenue [Line Items]
Total	1,368	1,533
Print Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Total	15,303	14,711
Print Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	$ 16,671	$ 16,244

Schedule of Contract with Custo

Schedule of Contract with Customer, Asset and Liability (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total unearned revenue (short-term contract liabilities)	$ 48,519	$ 54,030
Total unearned revenue (long-term contract liabilities)	12,362	15,277
Digital Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Total unearned revenue (short-term contract liabilities)	12,815	14,693
Total unearned revenue (long-term contract liabilities)	1,321	1,446
Magazine Circulation [Member]
Disaggregation of Revenue [Line Items]
Total unearned revenue (short-term contract liabilities)	35,704	39,337
Total unearned revenue (long-term contract liabilities)	$ 11,041	$ 13,831

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Provision effective tax rate	0.10%	0.00%

Related Party (Details Narrativ

Related Party (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Dec. 15, 2020	Mar. 31, 2022	Mar. 31, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Revenue		$ 48,243	$ 33,615
Restricted Stock [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross	16,802
Share Price	$ 88
[custom:StockRepurchasedDuringPeriodValue1]	$ 67
B. Riley [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Paid fees to related party		2,440
Paid in cash		1,815	1,815
Accrued interest and principal amount		1,852	1,852
James C. Heckman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Consulting fees		$ 165	52
James C. Heckman [Member] | Partner Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Revenue			$ 82

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($) $ in Thousands	Apr. 02, 2022	Apr. 01, 2022	Mar. 18, 2022
Subsequent Event [Line Items]
Number of shares granted			4,343,017
Subsequent Event [Member] | Athlon Holdings, Inc. [Member]
Subsequent Event [Line Items]
Acquired percentage	100.00%
Acquisition purchase price	$ 18,100
Acquisition cash	15,100
Payments for acquire	11,800
Cash acquired	1,800
Paid post-closing	$ 3,200
Issuance of common stock	314,103
Fair value of acquisition	$ 3,000
Acquisition description	The amount to be paid post-closing of $3,200 will be paid as follows: (i) $3,000 will be paid on the nine-month anniversary of the closing date, or January 1, 2023, and (ii) $245 will be paid within two business days from the date the Company receives proceeds from the sale of all or a portion of the equity interest in Just Like Falling Off a Bike, LLC that was held by Athlon as of the closing date (this amount was paid on April 4, 2022).
Subsequent Event [Member] | Common Stock Options and Restricted Stock Units [Member]
Subsequent Event [Line Items]
Number of shares granted		252,525