2022 Q4 Form 10-K Financial Statement

#000155837023011650 Filed on June 30, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q1 2022
Revenue $132.0M $112.3M $484.6M
YoY Change 0.82% 22.87% 9.77%
Cost Of Revenue $36.28M $28.52M $122.6M
YoY Change -5.16% 13.62% 2.98%
Gross Profit $95.77M $83.83M $362.0M
YoY Change 3.29% 26.44% 12.28%
Gross Profit Margin 72.53% 74.62% 74.69%
Selling, General & Admin $68.48M $35.43M $216.6M
YoY Change 0.77% 18.14% 51.25%
% of Gross Profit 71.51% 42.26% 59.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.42M $2.405M $57.95M
YoY Change -16.76% 6.23% 523.82%
% of Gross Profit 17.15% 2.87% 16.01%
Operating Expenses $71.13M $75.81M $226.6M
YoY Change 1.14% 12.01% -29.83%
Operating Profit $24.64M $36.54M $135.4M
YoY Change 10.04% 53.8% 14.19%
Interest Expense -$11.56M $15.93M -$52.01M
YoY Change -16.66% -11.74% -179.16%
% of Operating Profit -46.93% 43.59% -38.42%
Other Income/Expense, Net -$249.0K $1.986M $7.283M
YoY Change 678.13% 17.93% -10.46%
Pretax Income $6.554M $22.70M $56.68M
YoY Change -22.75% 4933.26% 4.48%
Income Tax $4.046M $5.600M $16.72M
% Of Pretax Income 61.73% 24.67% 29.5%
Net Earnings $1.713M $16.37M $37.33M
YoY Change -74.06% 233742.86% -2.67%
Net Earnings / Revenue 1.3% 14.57% 7.7%
Basic Earnings Per Share $0.32 $0.76
Diluted Earnings Per Share $0.03 $0.30 $0.72
COMMON SHARES
Basic Shares Outstanding 51.18M 48.93M
Diluted Shares Outstanding 55.10M 52.17M

Balance Sheet

Concept 2022 Q4 2022 Q1 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $75.40M $146.4M $75.40M
YoY Change -42.98% 157.73% -42.98%
Cash & Equivalents $75.40M $146.4M $75.40M
Short-Term Investments
Other Short-Term Assets $71.08M $8.397M $71.08M
YoY Change 1393.26% -83.98% 32.65%
Inventory
Prepaid Expenses $8.729M $3.478M
Receivables $143.3M $113.7M $143.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $289.7M $326.1M $289.7M
YoY Change -7.51% 59.95% -7.51%
LONG-TERM ASSETS
Property, Plant & Equipment $59.64M $26.24M $59.64M
YoY Change 126.83% -55.52% -7.3%
Goodwill $216.6M $223.4M
YoY Change -3.05%
Intangibles $55.19M
YoY Change
Long-Term Investments $136.8M $136.8M
YoY Change 21.52% 21.52%
Other Assets $5.688M $44.03M $5.688M
YoY Change -87.26% -48.87% -87.26%
Total Long-Term Assets $1.049B $958.5M $1.049B
YoY Change 10.65% -0.66% 10.65%
TOTAL ASSETS
Total Short-Term Assets $289.7M $326.1M $289.7M
Total Long-Term Assets $1.049B $958.5M $1.049B
Total Assets $1.338B $1.285B $1.338B
YoY Change 6.14% 9.91% 6.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.00M $12.00M $18.00M
YoY Change 23.41% 33.3% 23.41%
Accrued Expenses $49.22M $27.13M $52.92M
YoY Change 5.88% 2.78% 3.51%
Deferred Revenue $11.83M
YoY Change 57.87%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $130.3M $99.74M $130.3M
YoY Change 22.35% 27.87% 22.35%
LONG-TERM LIABILITIES
Long-Term Debt $739.0M $819.0M $739.0M
YoY Change -9.73% 1.13% -9.73%
Other Long-Term Liabilities $70.45M $36.24M $70.45M
YoY Change 148.76% -47.78% 12.88%
Total Long-Term Liabilities $809.5M $855.3M $809.5M
YoY Change -4.43% -2.73% -8.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $130.3M $99.74M $130.3M
Total Long-Term Liabilities $809.5M $855.3M $809.5M
Total Liabilities $1.005B $996.3M $1.005B
YoY Change 1.49% 2.72% -0.23%
SHAREHOLDERS EQUITY
Retained Earnings -$733.0M -$750.2M
YoY Change -4.38% -7.05%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $333.8M $270.6M $333.8M
YoY Change
Total Liabilities & Shareholders Equity $1.338B $1.285B $1.338B
YoY Change 6.14% 9.91% 6.14%

Cashflow Statement

Concept 2022 Q4 2022 Q1 2022
OPERATING ACTIVITIES
Net Income $1.713M $16.37M $37.33M
YoY Change -74.06% 233742.86% -2.67%
Depreciation, Depletion And Amortization $16.42M $2.405M $57.95M
YoY Change -16.76% 6.23% 523.82%
Cash From Operating Activities $12.99M $15.73M $67.06M
YoY Change -70.39% 10.08% -16.33%
INVESTING ACTIVITIES
Capital Expenditures $1.507M $1.576M $6.763M
YoY Change -171.63% 96.02% 7.59%
Acquisitions $25.00M
YoY Change
Other Investing Activities $0.00 -$21.92M
YoY Change -374.0%
Cash From Investing Activities -$1.507M -$1.576M -$28.68M
YoY Change -28.37% 96.02% -1773.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$57.00K $10.00K -$26.49M
YoY Change -100.09% -18.0%
Debt Paid & Issued, Net $67.12M
YoY Change
Cash From Financing Activities -21.65M -10.00K -95.22M
YoY Change 1452.26% -99.97% 2617.35%
NET CHANGE
Cash From Operating Activities 12.99M 15.73M 67.06M
Cash From Investing Activities -1.507M -1.576M -28.68M
Cash From Financing Activities -21.65M -10.00K -95.22M
Net Change In Cash -10.17M 14.15M -56.84M
YoY Change -125.18% -185.38% -172.54%
FREE CASH FLOW
Cash From Operating Activities $12.99M $15.73M $67.06M
Capital Expenditures $1.507M $1.576M $6.763M
Free Cash Flow $11.49M $14.16M $60.30M
YoY Change -75.03% 4.96% -18.37%

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13095000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
13978000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
13784000
CY2022 uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
9935000
CY2021 uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
9124000
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y11M8D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11697000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10690000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6834000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4860000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3417000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7140000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44638000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10403000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
34235000
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
3200000
CY2022 uone Asset Acquisition Pro Forma Revenue
AssetAcquisitionProFormaRevenue
496613000
CY2021 uone Asset Acquisition Pro Forma Revenue
AssetAcquisitionProFormaRevenue
457935000
CY2022 uone Asset Acquisition Pro Forma Income Loss From Continuing Operations Net Of Tax
AssetAcquisitionProFormaIncomeLossFromContinuingOperationsNetOfTax
95365000
CY2021 uone Asset Acquisition Pro Forma Income Loss From Continuing Operations Net Of Tax
AssetAcquisitionProFormaIncomeLossFromContinuingOperationsNetOfTax
117516000
CY2022 uone Asset Acquisition Pro Forma Net Income Loss
AssetAcquisitionProFormaNetIncomeLoss
40439000
CY2021 uone Asset Acquisition Pro Forma Net Income Loss
AssetAcquisitionProFormaNetIncomeLoss
39921000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
187491000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
179964000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
159733000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
153673000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27758000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26291000
CY2022 us-gaap Depreciation
Depreciation
6400000
CY2021 us-gaap Depreciation
Depreciation
5600000
CY2022Q4 us-gaap Number Of Reporting Units
NumberOfReportingUnits
16
CY2022Q4 uone Number Of Reporting Units In Each Of Other Business Segments
NumberOfReportingUnitsInEachOfOtherBusinessSegments
3
CY2022 uone Radio Broadcast Station License Term
RadioBroadcastStationLicenseTerm
P8Y
CY2022 uone Radio Broadcast Station License Renewal Term
RadioBroadcastStationLicenseRenewalTerm
P8Y
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
378079000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
154207000
CY2021 uone Goodwill Entercom Asset Exchange
GoodwillEntercomAssetExchange
470000
CY2021Q4 us-gaap Goodwill
Goodwill
223402000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
378079000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
437000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7240000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
154207000
CY2022 uone Goodwill Entercom Asset Exchange
GoodwillEntercomAssetExchange
470000
CY2022Q4 us-gaap Goodwill
Goodwill
216599000
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
138721000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
83528000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55193000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
123427000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
75506000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47921000
CY2022 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P3Y1M6D
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3700000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3700000
CY2022Q4 uone Content Assets Completed
ContentAssetsCompleted
122660000
CY2021Q4 uone Content Assets Completed
ContentAssetsCompleted
117058000
CY2022Q4 uone Content Assets In Production
ContentAssetsInProduction
23300000
CY2021Q4 uone Content Assets In Production
ContentAssetsInProduction
12961000
CY2022Q4 uone Licensed Content Assets Acquired
LicensedContentAssetsAcquired
55751000
CY2021Q4 uone Licensed Content Assets Acquired
LicensedContentAssetsAcquired
61374000
CY2022Q4 uone Content Assets Non Current Gross
ContentAssetsNonCurrentGross
201711000
CY2021Q4 uone Content Assets Non Current Gross
ContentAssetsNonCurrentGross
191393000
CY2022Q4 uone Content Assets Accumulated Amortization
ContentAssetsAccumulatedAmortization
81330000
CY2021Q4 uone Content Assets Accumulated Amortization
ContentAssetsAccumulatedAmortization
105355000
CY2022Q4 uone Content Assets Current And Non Current
ContentAssetsCurrentAndNonCurrent
120381000
CY2021Q4 uone Content Assets Current And Non Current
ContentAssetsCurrentAndNonCurrent
86038000
CY2022Q4 uone Content Assets Current
ContentAssetsCurrent
34003000
CY2021Q4 uone Content Assets Current
ContentAssetsCurrent
25883000
CY2022Q4 uone Content Assets Non Current
ContentAssetsNonCurrent
86378000
CY2021Q4 uone Content Assets Non Current
ContentAssetsNonCurrent
60155000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
40000000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
104326000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7500000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
136826000
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
40000000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
73800000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1200000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
112600000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11831000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5503000
CY2022Q4 uone Audience Deficiency Reserve Current
AudienceDeficiencyReserveCurrent
9629000
CY2021Q4 uone Audience Deficiency Reserve Current
AudienceDeficiencyReserveCurrent
6020000
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
6870000
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
6537000
CY2022Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2675000
CY2021Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
3966000
CY2022Q4 uone Launch Liability Current
LaunchLiabilityCurrent
2500000
CY2021Q4 uone Launch Liability Current
LaunchLiabilityCurrent
0
CY2022Q4 uone Deferred Barter Revenue Current
DeferredBarterRevenueCurrent
1635000
CY2021Q4 uone Deferred Barter Revenue Current
DeferredBarterRevenueCurrent
1271000
CY2022Q4 uone Accrued National Representative Fees Current
AccruedNationalRepresentativeFeesCurrent
947000
CY2021Q4 uone Accrued National Representative Fees Current
AccruedNationalRepresentativeFeesCurrent
457000
CY2022Q4 uone Tenant Allowance Current
TenantAllowanceCurrent
117000
CY2021Q4 uone Tenant Allowance Current
TenantAllowanceCurrent
180000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
79000
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
213000
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
37000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
283000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
36320000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
24430000
CY2022Q4 uone Reassessed Estimated Fair Value Of Award
ReassessedEstimatedFairValueOfAward
26300000
CY2021Q4 uone Reassessed Estimated Fair Value Of Award
ReassessedEstimatedFairValueOfAward
28200000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
750000000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
832505000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2022Q4 uone Longterm Portion Of Original Issue Discount
LongtermPortionOfOriginalIssueDiscount
11000000
CY2021Q4 uone Longterm Portion Of Original Issue Discount
LongtermPortionOfOriginalIssueDiscount
13889000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
739000000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
818616000
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3500000
CY2022 us-gaap Debt Instrument Description
DebtInstrumentDescription
The 2018 Credit Facility contained customary representations and warranties and events of default, affirmative and negative covenants (in each case, subject to materiality exceptions and qualifications). The 2018 Credit Facility, as amended, also contained certain financial covenants, including a maintenance covenant requiring the Company’s total gross leverage ratio to be not greater than 8.0 to 1.00 in 2019, 7.5 to 1.00 in 2020, 7.25 to 1.00 in 2021, 6.75 to 1.00 in 2022 and 6.25 to 1.00 in 2023.
CY2017Q2 us-gaap Debt Instrument Description
DebtInstrumentDescription
In addition to any mandatory or optional prepayments, the Company was required to pay interest on the term loans (i) quarterly in arrears for the base rate loans, and (ii) on the last day of each interest period for LIBOR loans. Certain voluntary prepayments of the term loans during the first six months required an additional prepayment premium. Beginning with the interest payment date occurring in June 2017 and ending in March 2023, the Company was required to repay principal, to the extent then outstanding, equal to 1∕4 of 1% of the aggregate initial principal amount of all term loans incurred on the effective date of the 2017 Credit Facility.
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
11905000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10949000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3308000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2062000
CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
747000
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1232000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
908000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1985000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2055000
CY2022 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
1591000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-234000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-13000
CY2022 uone Effective Income Tax Rate Reconciliation Irc382 Adjustments Amount
EffectiveIncomeTaxRateReconciliationIRC382AdjustmentsAmount
334000
CY2021 uone Effective Income Tax Rate Reconciliation Irc382 Adjustments Amount
EffectiveIncomeTaxRateReconciliationIRC382AdjustmentsAmount
705000
CY2022 uone Income Tax Reconciliation Non Deductible Expense Expiring Net Operating Losses
IncomeTaxReconciliationNonDeductibleExpenseExpiringNetOperatingLosses
268000
CY2021 uone Income Tax Reconciliation Non Deductible Expense Expiring Net Operating Losses
IncomeTaxReconciliationNonDeductibleExpenseExpiringNetOperatingLosses
610000
CY2022 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-495000
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-777000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
254000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
85000
CY2021Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
17618000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16721000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13034000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13269000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12952000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1843000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1063000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1609000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-981000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16721000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13034000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2149000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2111000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
304000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
465000
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
488000
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
486000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
328000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
163000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
88813000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
109343000
CY2022Q4 uone Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
8901000
CY2021Q4 uone Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
10022000
CY2022Q4 uone Deferred Tax Assets Interest Expense Carryforwards
DeferredTaxAssetsInterestExpenseCarryforwards
23788000
CY2021Q4 uone Deferred Tax Assets Interest Expense Carryforwards
DeferredTaxAssetsInterestExpenseCarryforwards
20380000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
124771000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
142970000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
30000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
264000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
124741000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
142706000
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
129026000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
131682000
CY2022Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
23779000
CY2022Q4 uone Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
8123000
CY2021Q4 uone Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
8924000
CY2022Q4 uone Deferred Tax Liabilities Partnership Interests
DeferredTaxLiabilitiesPartnershipInterests
2412000
CY2021Q4 uone Deferred Tax Liabilities Partnership Interests
DeferredTaxLiabilitiesPartnershipInterests
1964000
CY2022Q4 uone Deferred Tax Liability Tax Deferred Expense Compensation And Benefits Deferred Financing Cost
DeferredTaxLiabilityTaxDeferredExpenseCompensationAndBenefitsDeferredFinancingCost
958000
CY2021Q4 uone Deferred Tax Liability Tax Deferred Expense Compensation And Benefits Deferred Financing Cost
DeferredTaxLiabilityTaxDeferredExpenseCompensationAndBenefitsDeferredFinancingCost
1196000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
147000
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
199000
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
164445000
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
161583000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
39704000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18877000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
30000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
264000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1315000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2299000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0
CY2022 uone Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
-8000
CY2021 uone Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
-8000
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
635000
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
992000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
688000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1315000
CY2022 uone Unrecognized Tax Benefits Increases Resulting From Tax Rate Changes And Payments Under State Voluntary Filing Agreements
UnrecognizedTaxBenefitsIncreasesResultingFromTaxRateChangesAndPaymentsUnderStateVoluntaryFilingAgreements
8000
CY2022 uone Unrecognized Tax Benefits Decreases Resulting From Tax Rate Changes And Payments Under State Voluntary Filing Agreements
UnrecognizedTaxBenefitsDecreasesResultingFromTaxRateChangesAndPaymentsUnderStateVoluntaryFilingAgreements
635000
CY2021Q4 uone Unrecognized Tax Benefits Related To State Nol
UnrecognizedTaxBenefitsRelatedToStateNol
992000
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
688000
CY2022Q4 uone Decrease In Unrecognized Tax Benefits Related To State Tax
DecreaseInUnrecognizedTaxBenefitsRelatedToStateTax
-57000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
6600000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
565000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0279
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0068
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M8D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y1M28D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7992
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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Assets
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