| ASSETS |
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| Current Assets: |
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| Cash and cash equivalents |
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| Restricted cash |
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| Short-term investments |
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| Cash, cash equivalents and restricted cash |
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| Cash, cash equivalents, and restricted cash |
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| Accounts receivable, net / Related party receivables, current |
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| Nonrelated Party |
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| Related Party |
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Total accounts receivable, net / Related party receivables, current
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| Net related party receivables |
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| Prepaid income taxes |
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| Prepaid expenses |
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| Related Party |
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Total prepaid expenses
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Other current assets
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| Prepaid expenses and other current assets |
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| Current assets of discontinued operations |
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Total current assets
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| Non-Current Assets: |
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| Investments in nonconsolidated affiliates |
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| Investments |
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Property and equipment, net
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| Right-of-use lease assets |
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Goodwill
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Intangible assets, net
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| Indefinite-lived intangible assets |
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Other non-current assets
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| Non-current assets of discontinued operations |
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Total assets
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| LIABILITIES AND EQUITY |
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| Current Liabilities: |
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| Accounts payable, accrued and other current liabilities |
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| Nonrelated Party |
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| Related Party |
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Total accounts payable, accrued and other current liabilities
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Accounts payable
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| Net related party payables, current |
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| Accrued expenses and other current liabilities |
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| Related Party |
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Total accrued expenses and other current liabilities
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| Related party payables, current |
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Current portion of long-term debt, net
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| Income taxes payable |
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| Employee related costs |
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| Other accrued liabilities |
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| Accrued and other current liabilities |
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Operating lease liabilities, current
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| Collections due to promoters |
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Deferred revenue
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| Current liabilities of discontinued operations |
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Total current liabilities
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| Non-Current Liabilities: |
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Long-term debt, net
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Operating lease liabilities, non-current
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| Due To Third Party Promoters, Non Current |
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| Defined benefit and other postretirement obligations |
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| Other employee related costs |
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| Collections due to promoters, noncurrent |
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Deferred tax liabilities, net
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Other non-current liabilities
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| Non-current liabilities of discontinued operations |
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Total liabilities
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| Redeemable noncontrolling interests of discontinued operations |
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| Equity: |
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| Common Stock, Par or Stated Value Per Share |
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| Common Stock, Shares Authorized |
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| Common Class A |
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| Common Class B |
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| Common Stock, Shares, Outstanding |
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| Common Class A |
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| Common Class B |
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| Common stock |
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| Common Class A |
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| Common Class B |
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| Preferred Stock, Shares Authorized |
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| Preferred Stock, Shares Outstanding |
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| Preferred Stock, Value, Outstanding |
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Additional paid-in capital
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Treasury stock, at cost, 1,054 shares as of June 30, 2026 and December 31, 2025
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Accumulated deficit
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| Accumulated other comprehensive loss |
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Total stockholders’ equity
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| Nonredeemable noncontrolling interests of discontinued operations |
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| Total equity |
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Total liabilities and equity
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