2023 Q1 Form 10-K Financial Statement

#000149315223009914 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $51.38M $40.91M $13.25M
YoY Change 6.5% -33.16% -92.99%
Cost Of Revenue $30.04M $17.19M $132.9M
YoY Change 5.4% -36.32% 19.77%
Gross Profit $21.35M $23.72M $88.01M
YoY Change 8.1% -30.66% 12.6%
Gross Profit Margin 41.54% 57.97% 664.09%
Selling, General & Admin $31.02M $25.75M $126.0M
YoY Change 0.95% -31.76% -8.01%
% of Gross Profit 145.34% 108.58% 143.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $114.0K $6.886M $864.0K
YoY Change -98.25% 3.88% -96.57%
% of Gross Profit 0.53% 29.03% 0.98%
Operating Expenses $35.91M $30.28M $143.9M
YoY Change 2.79% -28.08% -6.14%
Operating Profit -$14.56M -$6.562M -$55.88M
YoY Change -4.11% -16.93% -25.64%
Interest Expense $4.182M -$2.918M $11.43M
YoY Change -248.3% -9.26% -209.74%
% of Operating Profit
Other Income/Expense, Net -$4.808M -$12.57M
YoY Change 60.7%
Pretax Income -$19.37M -$10.06M -$68.45M
YoY Change 5.07% -51.09% -25.28%
Income Tax $7.000K $172.0K -$1.063M
% Of Pretax Income
Net Earnings -$19.38M -$13.70M -$70.86M
YoY Change 5.03% -28.34% -21.22%
Net Earnings / Revenue -37.71% -33.48% -534.66%
Basic Earnings Per Share -$1.04 -$4.02
Diluted Earnings Per Share -$1.04 -$0.74 -$4.02
COMMON SHARES
Basic Shares Outstanding 18.82M shares 18.25M shares 17.63M shares
Diluted Shares Outstanding 18.72M shares 17.63M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.96M $13.87M $13.87M
YoY Change -29.0% 48.37% 48.37%
Cash & Equivalents $15.96M $13.87M $13.87M
Short-Term Investments
Other Short-Term Assets $44.45M $30.87M $30.87M
YoY Change 17.23% -33.84% -33.84%
Inventory
Prepaid Expenses $3.840M $2.321M
Receivables $23.56M $33.95M $33.95M
Other Receivables $33.00K $20.00K $0.00
Total Short-Term Assets $83.97M $78.70M $78.70M
YoY Change 4.45% 1.32% 1.32%
LONG-TERM ASSETS
Property, Plant & Equipment $565.0K $735.0K $1.107M
YoY Change -47.97% -36.87% -4.91%
Goodwill $41.33M $39.34M
YoY Change 100.54%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.025M $1.140M $15.27M
YoY Change -87.02% -87.15% 72.12%
Total Long-Term Assets $120.7M $125.0M $125.0M
YoY Change 32.87% 29.81% 29.81%
TOTAL ASSETS
Total Short-Term Assets $83.97M $78.70M $78.70M
Total Long-Term Assets $120.7M $125.0M $125.0M
Total Assets $204.7M $203.7M $203.7M
YoY Change 19.53% 17.09% 17.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.46M $12.86M $12.86M
YoY Change 118.64% 7.35% 7.35%
Accrued Expenses $21.47M $23.10M $23.53M
YoY Change 20.52% -5.26% -3.51%
Deferred Revenue $60.58M $58.70M
YoY Change 8.65%
Short-Term Debt $44.99M $48.90M $48.90M
YoY Change 384.25% 307.88% 307.88%
Long-Term Debt Due $65.93M $65.68M $65.68M
YoY Change 1027.62% 1043.46% 1043.46%
Total Short-Term Liabilities $216.8M $216.4M $216.4M
YoY Change 124.84% 85.86% 85.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $5.314M $5.307M $25.86M
YoY Change -74.17% -82.67% -15.56%
Total Long-Term Liabilities $5.314M $5.307M $25.86M
YoY Change -93.78% -94.41% -72.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $216.8M $216.4M $216.4M
Total Long-Term Liabilities $5.314M $5.307M $25.86M
Total Liabilities $244.2M $242.7M $242.7M
YoY Change 33.96% 14.6% 14.6%
SHAREHOLDERS EQUITY
Retained Earnings -$342.4M -$323.1M
YoY Change 28.09%
Common Stock $289.7M $270.9M
YoY Change 35.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$52.70M -$52.15M -$38.97M
YoY Change
Total Liabilities & Shareholders Equity $204.7M $203.7M $203.7M
YoY Change 19.53% 17.09% 17.09%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$19.38M -$13.70M -$70.86M
YoY Change 5.03% -28.34% -21.22%
Depreciation, Depletion And Amortization $114.0K $6.886M $864.0K
YoY Change -98.25% 3.88% -96.57%
Cash From Operating Activities -$1.672M $3.372M -$11.30M
YoY Change -87.44% -152.13% -23.26%
INVESTING ACTIVITIES
Capital Expenditures $1.275M $530.0K
YoY Change -167.87% -110.2%
Acquisitions $500.0K $35.33M
YoY Change
Other Investing Activities -$500.0K -$25.00M -$32.88M
YoY Change 4112.23% 313.57%
Cash From Investing Activities -$1.688M -$26.28M -$38.59M
YoY Change 2.12% 962.87% 193.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $5.928M
YoY Change
Cash From Financing Activities $5.450M 23.47M $54.42M
YoY Change -80.6% 133.26% 93.02%
NET CHANGE
Cash From Operating Activities -$1.672M 3.372M -$11.30M
Cash From Investing Activities -$1.688M -26.28M -$38.59M
Cash From Financing Activities $5.450M 23.47M $54.42M
Net Change In Cash $2.090M 568.0K $4.522M
YoY Change -84.08% -49.38% 1330.47%
FREE CASH FLOW
Cash From Operating Activities -$1.672M $3.372M -$11.30M
Capital Expenditures $1.275M $530.0K
Free Cash Flow -$1.672M $2.097M -$11.83M
YoY Change -85.66% -145.69% 24.13%

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CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
72489000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
81929000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53499000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
55612000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
17650000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16345000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-257000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1192000 usd
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
466000 usd
CY2021 AREN Loss On Termination Of Lease
LossOnTerminationOfLease
-7345000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
143895000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
162889000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-55883000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-84279000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
34000 usd
CY2022 us-gaap Interest Expense
InterestExpense
11428000 usd
CY2021 us-gaap Interest Expense
InterestExpense
10449000 usd
CY2022 AREN Liquidated Damages Under Registration Rights Agreements
LiquidatedDamagesUnderRegistrationRightsAgreements
1140000 usd
CY2021 AREN Liquidated Damages Under Registration Rights Agreements
LiquidatedDamagesUnderRegistrationRightsAgreements
2637000 usd
CY2021 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
5717000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12568000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7335000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-68451000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-91614000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1063000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1674000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-67388000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-89940000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3470000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-70858000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-89940000 usd
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-3.82
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-7.87
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.20
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.02
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.87
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17625619 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11429740 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-51677000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-51677000 usd
CY2022 AREN Common Stock Withheld For Taxes
CommonStockWithheldForTaxes
-4468000 usd
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
3141000 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
184000 usd
CY2022 AREN Stock Issued During Period Value Issuance Of Common Stock In Connection With Settlement Of Liquidated Damages
StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages
6685000 usd
CY2022 AREN Adjustments To Additional Paid In Capital Gain Upon Issuance Of Common Stock In Connection With Settlement Of Liquidated Damages
AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages
323000 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
710000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
30490000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
95000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33229000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-70858000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-52146000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-52146000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-20313000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-20313000 usd
CY2021 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
1113000 usd
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
125000 usd
CY2021 AREN Stock Issued During Period Value Issuance Of Common Stock For Restricted Stock Units In Connection With Acquisition
StockIssuedDuringPeriodValueIssuanceOfCommonStockForRestrictedStockUnitsInConnectionWithAcquisition
502000 usd
CY2021 AREN Common Stock Withheld For Taxes
CommonStockWithheldForTaxes
-70000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
19838000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
4530000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
32538000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-89940000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-51677000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-51677000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-70858000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-89940000 usd
CY2022 us-gaap Depreciation
Depreciation
539000 usd
CY2021 us-gaap Depreciation
Depreciation
443000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
26570000 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
24731000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1581000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2106000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-466000 usd
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-1192000 usd
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
466000 usd
CY2021 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-7345000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
34000 usd
CY2022 AREN Liquidating Damages Payable
LiquidatingDamagesPayable
1140000 usd
CY2021 AREN Liquidating Damages Payable
LiquidatingDamagesPayable
2637000 usd
CY2021 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
5717000 usd
CY2022 AREN Accrued And Noncash Converted Interest
AccruedAndNoncashConvertedInterest
320000 usd
CY2021 AREN Accrued And Noncash Converted Interest
AccruedAndNoncashConvertedInterest
6956000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
31345000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
30493000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1200000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1674000 usd
CY2022 AREN Bad Debt Expense
BadDebtExpense
-658000 usd
CY2021 AREN Bad Debt Expense
BadDebtExpense
-499000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
184000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2038000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3884000 usd
CY2022 AREN Increase Decrease In Subscription Acquisition Costs
IncreaseDecreaseInSubscriptionAcquisitionCosts
1667000 usd
CY2021 AREN Increase Decrease In Subscription Acquisition Costs
IncreaseDecreaseInSubscriptionAcquisitionCosts
-3108000 usd
CY2022 us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-11250000 usd
CY2021 us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-15000000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2280000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-49000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
285000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-692000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6535000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3752000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2996000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7474000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3898000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-15819000 usd
CY2022 AREN Increase Decrease In Subscription Refund Liability
IncreaseDecreaseInSubscriptionRefundLiability
-2379000 usd
CY2021 AREN Increase Decrease In Subscription Refund Liability
IncreaseDecreaseInSubscriptionRefundLiability
-949000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-218000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2489000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-3359000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1166000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11304000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14729000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
530000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
377000 usd
CY2022 AREN Payments For Capitalized Platform Development
PaymentsForCapitalizedPlatformDevelopment
5179000 usd
CY2021 AREN Payments For Capitalized Platform Development
PaymentsForCapitalizedPlatformDevelopment
4819000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
2450000 usd
CY2022 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
35331000 usd
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
7950000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38590000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13146000 usd
CY2022 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
34728000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5086000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5928000 usd
CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
2104000 usd
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
4809000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
32058000 usd
CY2022 AREN Proceeds From Issuance Costs From Common Stock Public Offering
ProceedsFromIssuanceCostsFromCommonStockPublicOffering
1568000 usd
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
20005000 usd
CY2021 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
167000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
95000 usd
CY2022 AREN Payment Of Deferred Cash Payment
PaymentOfDeferredCashPayment
453000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4468000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
70000 usd
CY2022 AREN Payment Of Restricted Stock Liabilities
PaymentOfRestrictedStockLiabilities
2152000 usd
CY2021 AREN Payment Of Restricted Stock Liabilities
PaymentOfRestrictedStockLiabilities
1472000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
54416000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28191000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4522000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
316000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9851000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9535000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14373000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9851000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13871000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9349000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
502000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
502000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14373000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9851000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
9528000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1393000 usd
CY2022 AREN Reclassification Of Stock Based Compensation To Platform Development
ReclassificationOfStockBasedCompensationToPlatformDevelopment
1884000 usd
CY2021 AREN Reclassification Of Stock Based Compensation To Platform Development
ReclassificationOfStockBasedCompensationToPlatformDevelopment
2045000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
125000 usd
CY2021 AREN Restricted Stock Issued In Connection With And Acquisition
RestrictedStockIssuedInConnectionWithAndAcquisition
502000 usd
CY2022 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
441000 usd
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
509000 usd
CY2021 AREN Reclassification Of Warrants To Equity
ReclassificationOfWarrantsToEquity
1113000 usd
CY2022 AREN Issuance Of Common Stock In Connection With Settlement Of Liquidated Damages
IssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages
7008000 usd
CY2022 AREN Issuance Of Common Stock In Connection With Acquisition
IssuanceOfCommonStockInConnectionWithAcquisition
3141000 usd
CY2022 AREN Deferred Cash Payments Recorded In Connection With Acquisitions
DeferredCashPaymentsRecordedInConnectionWithAcquisitions
628000 usd
CY2021 AREN Deferred Cash Payments Recorded In Connection With Acquisitions
DeferredCashPaymentsRecordedInConnectionWithAcquisitions
1324000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
17100000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
85000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-67388000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13871000 usd
CY2022Q4 AREN Working Capital Deficit
WorkingCapitalDeficit
137669000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84E_eus-gaap--UseOfEstimates_zkXKQfVi17V6" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86D_zVkwBMByy5ac">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported results of operations during the reporting period. Significant estimates include: reserves for bad debt; capitalization of platform development and associated useful lives; goodwill and other acquired intangible assets and associated useful lives; assumptions used in accruals for potential liabilities; revenue recognition and estimates of standalone selling price of performance obligations for revenue contracts with multiple performance obligations; stock-based compensation and the determination of the fair value; valuation allowances for deferred tax assets and uncertain tax positions; accounting for business combinations; and assumptions used to calculate contingent liabilities. These estimates are based on information available as of the date of the consolidated financial statements; therefore, actual results could differ from management’s estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19701000 usd
CY2022Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
845000 usd
CY2021Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
3087000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220935000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189140000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220935000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189140000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220935000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189140000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
58703000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
54030000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
15277000 usd
CY2022 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
2986000 usd
CY2021 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
2821000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13871000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9349000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
502000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
502000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14373000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9851000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
502000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
502000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
33950000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
21660000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2236000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1578000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
37190000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
46264000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
40064000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
25931000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
14133000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
38397000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
30162000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
8235000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
25931000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
14133000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_841_eus-gaap--ConcentrationRiskCreditRisk_z3nbvMbFnCD5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86A_z1cGUHw5av78">Concentrations</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Significant Customers</i> – Concentration of credit risk with respect to accounts receivable is limited to customers to whom the Company makes significant sales. While a reserve for the potential write-off of accounts receivable is maintained, the Company has not written off any significant accounts to date. To control credit risk, the Company performs regular credit evaluations of its customers’ financial condition.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue from significant customers as a percentage of the Company’s total revenue represent <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zOPAsl5Ezspa" title="Total revenue">13.9</span>% and <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zyi1qsNszmFe" title="Total revenue">11.3</span>% from a customer for the years ended December 31, 2022 and 2021, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant accounts receivable balances as a percentage of the Company’s total accounts receivable represent <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zrWu7hut31w4" title="Total accounts receivable">0.0</span>% and <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zvuUlG3PE4Ck" title="Total accounts receivable">10.7</span>% from a customer for the years ended December 31, 2022, and 2021, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Significant Vendors</i> – Concentrations of risk with respect to third party vendors who provide products and services to the Company are limited. If not limited, such concentrations could impact profitability if a vendor failed to fulfill their obligations or if a significant vendor was unable to renew an existing contract and the Company was not able to replace the related product or service at the same cost.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant accounts payable balances as a percentage of the Company’s total accounts payable represent <span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zmKkta9ojw6j" title="Total accounts payable">14.1</span>%, and <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerMember_zhGDHcu1kzk6" title="Total accounts payable">10.5</span>% from a vendor for the years ended December 31, 2022, and 2021, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 AREN Liquidated Damages Description
LiquidatedDamagesDescription
Liquidated damages are incurred when: (i) a registration rights agreement provides for damages if the Company does not register the shares of the Company’s common stock within the requisite time frame (the “Registration Rights Damages”), which, in general, provides for a cash payment equal to 1.0% per month of the amount invested, on a daily pro rata basis for any portion of a month, as partial liquidated damages per month, upon the occurrence of certain events, up to a maximum amount of 6.0% of the aggregate amount invested, subject to interest at the rate of 1.0% per month until paid in full; and (ii) a securities purchase agreement provides for damages if the Company fails for any reason to satisfy a public information requirement within the requisite time frame with the Securities and Exchange Commission (“SEC”) (the “Public Information Failure Damages”), which, in general, provides for a cash payment equal to 1.0% of the aggregate amount invested for each 30-day period, or pro rata portion thereof, as partial liquidated damages per month, up to a maximum of 6 months, subject to interest at the rate of 1.0% per month until paid in full
us-gaap Gross Profit
GrossProfit
3802000 usd
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10398731000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10597040000 shares
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26817000 usd
us-gaap Cost Of Revenue
CostOfRevenue
23015000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5396000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1722000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-209000 usd
us-gaap Operating Expenses
OperatingExpenses
7327000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-3525000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3470000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
750000 usd
CY2022 us-gaap Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
0 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
209000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
1840000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
15854000 usd
CY2022 us-gaap Revenues
Revenues
13253000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
1086000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
225204000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
208662000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-69219000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-87117000 usd
CY2022 AREN Business Acquisitions Pro Forma Adjustments
BusinessAcquisitionsProFormaAdjustments
1967000 usd
CY2021 AREN Business Acquisitions Pro Forma Adjustments
BusinessAcquisitionsProFormaAdjustments
49000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
864000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1152000 usd
CY2022 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
200000 usd
CY2021 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
200000 usd
CY2022 AREN Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
1303000 usd
CY2021 AREN Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
1303000 usd
CY2022Q3 AREN Cash Payment
CashPayment
850000 usd
CY2022Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2022Q4 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
25000000 usd
CY2022Q4 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
23000000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
1000000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
1000000 usd
CY2022Q4 AREN Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assumed Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssumedLeaseObligation
1430000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
3189000 usd
CY2022Q4 AREN Deferred Revenue Obligation
DeferredRevenueObligation
4078 usd
CY2022Q4 us-gaap Unearned Premiums
UnearnedPremiums
3941000 usd
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
137000 usd
CY2022Q4 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
283000 usd
CY2021Q3 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
35000 usd
CY2021Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2321000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2978000 usd
CY2022Q4 AREN Prepaid Supplies Current
PrepaidSuppliesCurrent
927000 usd
CY2021Q4 AREN Prepaid Supplies Current
PrepaidSuppliesCurrent
487000 usd
CY2021Q4 AREN Prepaid Software License
PrepaidSoftwareLicense
129000 usd
CY2022Q4 AREN Refundable Income And Franchise Taxes
RefundableIncomeAndFranchiseTaxes
957000 usd
CY2021Q4 AREN Refundable Income And Franchise Taxes
RefundableIncomeAndFranchiseTaxes
745000 usd
CY2022Q4 AREN Unamortized Debt Costs
UnamortizedDebtCosts
216000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
20000 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
409000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4441000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4748000 usd
CY2022 AREN Unamortization Of Advance Royalty
UnamortizationOfAdvanceRoyalty
15000000 usd
CY2021Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
11250000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1984000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1346000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1249000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
710000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
735000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
636000 usd
CY2022 us-gaap Depreciation
Depreciation
539000 usd
CY2021 us-gaap Depreciation
Depreciation
443000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
425000 usd
CY2022Q4 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P1Y9M
CY2022 AREN Operating Lease Costs
OperatingLeaseCosts
969000 usd
CY2021 AREN Operating Lease Costs
OperatingLeaseCosts
2500000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
469000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
2787000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0990 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0990 pure
CY2022 AREN Operating Lease Cost Gross
OperatingLeaseCostGross
-1000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
218000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
218000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
969000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
2500000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
486000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
373000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
859000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
74000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
785000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
427000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
358000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
785000 usd
CY2022Q4 AREN Total Sublease Income
TotalSubleaseIncome
477000 usd
CY2022Q4 AREN Platform Development Net
PlatformDevelopmentNet
10330000 usd
CY2021Q4 AREN Platform Development Net
PlatformDevelopmentNet
9299000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
126341000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-67371000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58970000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
104198000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-46842000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
57356000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20748000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20246000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
20959000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
14472000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
3394000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
3240000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
3240000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
13665000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58970000 usd
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
420000 usd
CY2021Q4 us-gaap Security Deposit
SecurityDeposit
110000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
504000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
529000 usd
CY2022Q4 AREN Unamortized Debt Cost
UnamortizedDebtCost
216000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1140000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
639000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
19619000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
16140000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
39344000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
19619000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2020Q4 AREN Purchase Price Per Share
PurchasePricePerShare
88.00
CY2022 AREN Restricted Stock Liabilities Recorded Upon Modification Of Restricted Stock Awards And Units
RestrictedStockLiabilitiesRecordedUponModificationOfRestrictedStockAwardsAndUnits
2307000 usd
CY2021 AREN Restricted Stock Liabilities Recorded Upon Modification Of Restricted Stock Awards And Units
RestrictedStockLiabilitiesRecordedUponModificationOfRestrictedStockAwardsAndUnits
3801000 usd
CY2022 AREN Less Imputed Interest
LessImputedInterest
-155000 usd
CY2021 AREN Less Imputed Interest
LessImputedInterest
-177000 usd
CY2022 AREN Reclassification Of Restricted Stock Awards And Units From Equity To Liability Classified Upon Modification
ReclassificationOfRestrictedStockAwardsAndUnitsFromEquityToLiabilityClassifiedUponModification
2152000 usd
CY2021 AREN Reclassification Of Restricted Stock Awards And Units From Equity To Liability Classified Upon Modification
ReclassificationOfRestrictedStockAwardsAndUnitsFromEquityToLiabilityClassifiedUponModification
3624000 usd
CY2022 AREN Less Payment Of Restricted Stock Liabilities
LessPaymentOfRestrictedStockLiabilities
-2152000 usd
CY2021 AREN Less Payment Of Restricted Stock Liabilities
LessPaymentOfRestrictedStockLiabilities
-1472000 usd
CY2021Q4 AREN Restricted Stock Liabilities
RestrictedStockLiabilities
2152000 usd
CY2022Q4 AREN General Accrued Expenses
GeneralAccruedExpenses
6339000 usd
CY2021Q4 AREN General Accrued Expenses
GeneralAccruedExpenses
4491000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
5221000 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
7124000 usd
CY2022Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
4911000 usd
CY2021Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
6319000 usd
CY2022Q4 AREN Deferred Cash Payments
DeferredCashPayments
1123000 usd
CY2021Q4 AREN Deferred Cash Payments
DeferredCashPayments
656000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
645000 usd
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
779000 usd
CY2021Q4 AREN Restricted Stock Liabilities Current
RestrictedStockLiabilitiesCurrent
2152000 usd
CY2022Q4 AREN Lease Termination Liability
LeaseTerminationLiability
4753000 usd
CY2021Q4 AREN Lease Termination Liability
LeaseTerminationLiability
1846000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
110000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
644000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23102000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24011000 usd
CY2022Q4 AREN Accounts Receivable Percentage
AccountsReceivablePercentage
0.85 pure
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
441000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
216000 usd
CY2022 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.127 pure
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
14092000 usd
CY2021Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
11988000 usd
CY2022Q4 AREN Registration Rights Damages
RegistrationRightsDamages
2002000 usd
CY2022Q4 AREN Public Information Failure Damages
PublicInformationFailureDamages
2740000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1595000 usd
CY2022Q4 AREN Liquidated Damages Payable Current And Non Current
LiquidatedDamagesPayableCurrentAndNonCurrent
6337000 usd
CY2022Q4 AREN Liquidated Damages Payable Current
LiquidatedDamagesPayableCurrent
5843000 usd
CY2022Q4 AREN Liquidated Damages Payable Non Current
LiquidatedDamagesPayableNonCurrent
494000 usd
CY2022Q4 AREN Liquidated Damages Payable Current And Non Current
LiquidatedDamagesPayableCurrentAndNonCurrent
6337000 usd
CY2022 AREN Percentage Of Aggregate Amount Invested
PercentageOfAggregateAmountInvested
0.06 pure
CY2021Q4 AREN Registration Rights Damages
RegistrationRightsDamages
4305000 usd
CY2021Q4 AREN Public Information Failure Damages
PublicInformationFailureDamages
5713000 usd
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
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2187000 usd
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LiquidatedDamagesPayableCurrentAndNonCurrent
12205000 usd
CY2021Q4 AREN Liquidated Damages Payable Current
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5197000 usd
CY2021Q4 AREN Liquidated Damages Payable Non Current
LiquidatedDamagesPayableNonCurrent
7008000 usd
CY2021Q4 AREN Liquidated Damages Payable Current And Non Current
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12205000 usd
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4855000 usd
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CommonStockSharesAuthorized
1000000000 shares
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0.01
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LeaseTerminationLiabilityNonCurrent
3621000 usd
CY2021Q4 AREN Lease Termination Liability Non Current
LeaseTerminationLiabilityNonCurrent
6928000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1486000 usd
CY2021Q4 AREN Deferred Cash Payment Liabilities Non Current
DeferredCashPaymentLiabilitiesNonCurrent
410000 usd
CY2022Q4 AREN Other Long Term Liabilities Noncurrent
OtherLongTermLiabilitiesNoncurrent
200000 usd
CY2021Q4 AREN Other Long Term Liabilities Noncurrent
OtherLongTermLiabilitiesNoncurrent
218000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5307000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7556000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13871000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9349000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
61787000 usd
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
60756000 usd
CY2022Q4 AREN Unearned Revenue
UnearnedRevenue
1154000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
34000 usd
CY2021 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
1113000 usd
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
13852000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
13852000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
66691000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1007000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
65684000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
72619000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2502000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
70117000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
65684000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5744000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
64373000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
65684000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
70117000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
66691000 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1581000 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2106000 usd
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
320000 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
6956000 usd
CY2022 us-gaap Interest Paid
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9528000 usd
CY2021 us-gaap Interest Paid
InterestPaid
1393000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
11429000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
10455000 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-20794000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1140000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022 AREN Percentage Of Aggregate Amount Invested
PercentageOfAggregateAmountInvested
0.06 pure
CY2022Q4 AREN Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrument Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable
107956 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
232816 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
321000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
684867 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y6M18D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5534000 usd
CY2022Q4 us-gaap Share Price
SharePrice
10.61
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.82
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.82
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4343017 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
6061000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
143000 usd
CY2022Q1 AREN Original Award At The Repricing Date
OriginalAwardAtTheRepricingDate
5918000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1674000 usd
CY2022 AREN Schedule Of Unrecognized Compensation Expense
ScheduleOfUnrecognizedCompensationExpense
<p id="xdx_896_ecustom--ScheduleOfUnrecognizedCompensationExpense_z6Vh18zgtwO8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unrecognized compensation expense related to the stock-based compensation awards and equity-based awards as of December 31, 2022 was as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BC_zB05MhST7Wuk" style="display: none">Schedule of Unrecognized Compensation Expense</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold"> </td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">As of December 31, 2022</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Restricted Stock</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Common Stock Options</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><p style="font: 9pt/115% Times New Roman, Times, Serif; margin: 0"><b>ABG</b></p>Warrants</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Totals</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%; text-align: left">Unrecognized compensation expense</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_c20221231__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zoMxUHukItLg" style="width: 10%; text-align: right" title="Unrecognized compensation expense">13,515</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_c20221231__us-gaap--AwardTypeAxis__custom--CommonStockAwardsMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_z6ukuCZbOUL1" style="width: 10%; text-align: right" title="Unrecognized compensation expense">17,369</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_c20221231__us-gaap--AwardTypeAxis__custom--ABGWarrantsMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zIPWlqMYU5K3" style="width: 10%; text-align: right" title="Unrecognized compensation expense">1,006</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_c20221231__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_z9dHHhGQkyn1" style="width: 10%; text-align: right" title="Unrecognized compensation expense">31,890</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Weighted average period expected to be recognized (in years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20220101__20221231__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zWHzxSQiNEf1" title="Weighted average period expected to be recognized (in years)">1.53</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20220101__20221231__us-gaap--AwardTypeAxis__custom--CommonStockAwardsMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zQ46PuwDEnii" title="Weighted average period expected to be recognized (in years)">1.62</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_900_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20220101__20221231__us-gaap--AwardTypeAxis__custom--ABGWarrantsMember__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zqibk8Bfp3Dl" title="Weighted average period expected to be recognized (in years)">1.00</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_906_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20220101__20221231__srt--StatementScenarioAxis__custom--StockBasedCompensationMember_zChXOrYBo2Bf" title="Weighted average period expected to be recognized (in years)">1.56</span></td><td style="text-align: left"> </td></tr> </table>
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LiquidatedDamagesPayable
1140000 usd
CY2021Q4 AREN Liquidated Damages Payable
LiquidatedDamagesPayable
2637000 usd
CY2022 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
652000 usd
CY2021 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
1007000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-77000 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-12593000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-18028000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3506000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4440000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1674000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
51023000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
41806000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
5444000 usd
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
2861000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
264000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
264000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
757000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
590000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
1340000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
1768000 usd
CY2022Q4 AREN Lease Termination
LeaseTermination
1869000 usd
CY2021Q4 AREN Lease Termination
LeaseTermination
1897000 usd
CY2022Q4 AREN Deferred Tax Assets Liquidating Damages Payable
DeferredTaxAssetsLiquidatingDamagesPayable
1717000 usd
CY2021Q4 AREN Deferred Tax Assets Liquidating Damages Payable
DeferredTaxAssetsLiquidatingDamagesPayable
2240000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3744000 usd
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
5383000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
6931000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4779000 usd
CY2022Q4 AREN Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
118000 usd
CY2021Q4 AREN Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
165000 usd
CY2022Q4 AREN Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
3706000 usd
CY2021Q4 AREN Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
3029000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
76913000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
64782000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
65406000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
50447000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
11507000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14335000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
101000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
11972000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
14596000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
11972000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
14697000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
465000 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
362000 usd
CY2022 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
U.S. federal tax purposes
CY2022 AREN Net Operating Loss Expiration Amount
NetOperatingLossExpirationAmount
25903000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-14375000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-19239000 usd
CY2022 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
The plan allows for discretionary matching contributions by the Company, up to 4% of eligible annual compensation made by participants of the plan
CY2022 us-gaap Multiemployer Plan Pension Significant Plan Contribution
MultiemployerPlanPensionSignificantPlanContribution
1138000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3429000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050 pure
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4440000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.048 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
3894000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.057 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
4882000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.053 pure
CY2022 AREN Effective Income Tax Rate Reconciliation Unearned Revenue
EffectiveIncomeTaxRateReconciliationUnearnedRevenue
-696000 usd
CY2022 AREN Effective Income Tax Rate Reconciliation Unearned Revenue Percentage
EffectiveIncomeTaxRateReconciliationUnearnedRevenuePercentage
0.010 pure
CY2021 AREN Effective Income Tax Rate Reconciliation Unearned Revenue
EffectiveIncomeTaxRateReconciliationUnearnedRevenue
-2703000 usd
CY2021 AREN Effective Income Tax Rate Reconciliation Unearned Revenue Percentage
EffectiveIncomeTaxRateReconciliationUnearnedRevenuePercentage
0.030 pure
CY2022 AREN Effective Income Tax Rate Reconciliation Interest Expense
EffectiveIncomeTaxRateReconciliationInterestExpense
56000 usd
CY2022 AREN Effective Income Tax Rate Reconciliation Interest Expense Percentage
EffectiveIncomeTaxRateReconciliationInterestExpensePercentage
-0.001 pure
CY2021 AREN Effective Income Tax Rate Reconciliation Interest Expense
EffectiveIncomeTaxRateReconciliationInterestExpense
64000 usd
CY2021 AREN Effective Income Tax Rate Reconciliation Interest Expense Percentage
EffectiveIncomeTaxRateReconciliationInterestExpensePercentage
-0.001 pure
CY2022 AREN Effective Income Tax Rate Reconciliation Liquidated Damages
EffectiveIncomeTaxRateReconciliationLiquidatedDamages
-760000 usd
CY2022 AREN Effective Income Tax Rate Reconciliation Liquidated Damages Percentage
EffectiveIncomeTaxRateReconciliationLiquidatedDamagesPercentage
0.011 pure
CY2021 AREN Effective Income Tax Rate Reconciliation Liquidated Damages Percentage
EffectiveIncomeTaxRateReconciliationLiquidatedDamagesPercentage
0.000 pure
CY2022 AREN Effective Income Tax Rate Reconciliation Gain On Debt Extinguishment Percentage
EffectiveIncomeTaxRateReconciliationGainOnDebtExtinguishmentPercentage
0.000 pure
CY2021 AREN Effective Income Tax Rate Reconciliation Gain On Debt Extinguishment
EffectiveIncomeTaxRateReconciliationGainOnDebtExtinguishment
-1201000 usd
CY2021 AREN Effective Income Tax Rate Reconciliation Gain On Debt Extinguishment Percentage
EffectiveIncomeTaxRateReconciliationGainOnDebtExtinguishmentPercentage
0.013 pure
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-997000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016 pure
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
213000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002 pure
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
14959000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1347000 usd
CY2021Q2 us-gaap Due To Related Parties Current
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500000 usd
CY2022 us-gaap Professional Fees
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ProfessionalFees
780000 usd

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