$UONE
URBAN ONE, INC.

2023 Q2 Form 10-Q Financial Statement

#000155837023019226 Filed on November 20, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q2
Revenue $129.7M $109.9M $118.8M
YoY Change 9.13% -2.21% 10.43%
Cost Of Revenue $32.60M $33.90M $28.35M
YoY Change 14.99% 18.87% 6.92%
Gross Profit $97.10M $76.00M $90.46M
YoY Change 7.34% -9.34% 11.57%
Gross Profit Margin 74.89% 69.17% 76.14%
Selling, General & Admin $49.93M $36.87M $35.35M
YoY Change 41.26% 4.08% 12.17%
% of Gross Profit 51.42% 48.52% 39.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.40M $2.597M $13.54M
YoY Change 6.39% 7.98% 4.66%
% of Gross Profit 14.83% 3.42% 14.96%
Operating Expenses $120.0M $101.7M $94.98M
YoY Change 26.35% 34.21% 36.32%
Operating Profit $9.655M $8.120M $23.84M
YoY Change -59.49% -77.78% -37.14%
Interest Expense $13.97M $14.07M $15.89M
YoY Change -12.05% -11.67% 0.21%
% of Operating Profit 144.71% 173.25% 66.65%
Other Income/Expense, Net $96.77M -$312.0K $9.725M
YoY Change 895.1% -115.71% 311.73%
Pretax Income $94.35M -$3.600M $19.53M
YoY Change 383.15% -115.86% -20.6%
Income Tax $23.20M -$1.200M $3.725M
% Of Pretax Income 24.59% 19.07%
Net Earnings $70.37M -$2.922M $15.03M
YoY Change 368.05% -117.85% -15.85%
Net Earnings / Revenue 54.27% -2.66% 12.65%
Basic Earnings Per Share $1.48 -$0.06 $0.30
Diluted Earnings Per Share $1.39 -$0.06 $0.28
COMMON SHARES
Basic Shares Outstanding 47.63M 47.42M 50.81M
Diluted Shares Outstanding 50.62M 47.42M 54.66M

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $230.7M $71.50M $123.0M
YoY Change 87.52% -51.16% -4.85%
Cash & Equivalents $230.7M $71.46M $123.0M
Short-Term Investments
Other Short-Term Assets $8.391M $8.563M $8.037M
YoY Change 4.4% 1.98% 88.66%
Inventory
Prepaid Expenses $6.828M $10.21M $4.030M
Receivables $122.6M $123.4M $124.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $417.7M $258.7M $311.1M
YoY Change 34.29% -20.67% 11.2%
LONG-TERM ASSETS
Property, Plant & Equipment $28.18M $27.90M $26.91M
YoY Change 4.7% 6.33% 6.55%
Goodwill $216.6M $216.6M $219.1M
YoY Change -1.13% -3.05% -1.94%
Intangibles
YoY Change
Long-Term Investments $13.13M $150.0M
YoY Change
Other Assets $5.278M $5.575M $44.46M
YoY Change -88.13% -87.34% 2.9%
Total Long-Term Assets $862.1M $1.026B $943.7M
YoY Change -8.64% 7.02% -1.68%
TOTAL ASSETS
Total Short-Term Assets $417.7M $258.7M $311.1M
Total Long-Term Assets $862.1M $1.026B $943.7M
Total Assets $1.280B $1.284B $1.255B
YoY Change 2.0% -0.01% 1.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.50M $14.32M $14.82M
YoY Change 11.32% 19.33% 18.33%
Accrued Expenses $39.50M $27.50M $41.85M
YoY Change -5.62% 1.35% -2.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $116.7M $112.6M $109.6M
YoY Change 6.44% 12.89% 10.58%
LONG-TERM LIABILITIES
Long-Term Debt $715.2M $714.8M $787.4M
YoY Change -9.17% -12.73% -3.72%
Other Long-Term Liabilities $28.41M $31.21M $37.56M
YoY Change -24.36% -13.89% 34.1%
Total Long-Term Liabilities $743.6M $746.0M $824.9M
YoY Change -9.86% -12.78% -2.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $116.7M $112.6M $109.6M
Total Long-Term Liabilities $743.6M $746.0M $824.9M
Total Liabilities $924.0M $927.8M $976.5M
YoY Change -5.37% -6.88% -1.15%
SHAREHOLDERS EQUITY
Retained Earnings -$668.0M -$738.3M -$735.2M
YoY Change -9.14% -1.58% -6.59%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $331.5M $331.6M $259.6M
YoY Change
Total Liabilities & Shareholders Equity $1.280B $1.284B $1.255B
YoY Change 2.0% -0.01% 1.23%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q2
OPERATING ACTIVITIES
Net Income $70.37M -$2.922M $15.03M
YoY Change 368.05% -117.85% -15.85%
Depreciation, Depletion And Amortization $14.40M $2.597M $13.54M
YoY Change 6.39% 7.98% 4.66%
Cash From Operating Activities $24.70M $17.10M $27.89M
YoY Change -11.44% 8.71% -25.01%
INVESTING ACTIVITIES
Capital Expenditures $2.100M $2.009M -$2.295M
YoY Change -191.5% 27.47% 38.75%
Acquisitions
YoY Change
Other Investing Activities $136.8M -$19.40M $0.00
YoY Change -100.0%
Cash From Investing Activities $134.7M -$21.45M -$2.295M
YoY Change -5969.28% 1260.79% -136.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.324M
YoY Change 13140.0%
Debt Paid & Issued, Net $22.28M
YoY Change
Cash From Financing Activities -100.0K -25.61M -48.96M
YoY Change -99.8% 255960.0% -268.91%
NET CHANGE
Cash From Operating Activities 24.70M 17.10M 27.89M
Cash From Investing Activities 134.7M -21.45M -2.295M
Cash From Financing Activities -100.0K -25.61M -48.96M
Net Change In Cash 159.3M -29.95M -23.36M
YoY Change -781.85% -311.68% -132.22%
FREE CASH FLOW
Cash From Operating Activities $24.70M $17.10M $27.89M
Capital Expenditures $2.100M $2.009M -$2.295M
Free Cash Flow $22.60M $15.10M $30.19M
YoY Change -25.13% 6.62% -22.3%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0001041657
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Transition Report
DocumentTransitionReport
false
CY2023Q2 uone Fair Value Liabilities Level2 To Level1 Transfers Amount1
FairValueLiabilitiesLevel2ToLevel1TransfersAmount1
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Entity File Number
EntityFileNumber
0-25969
dei Entity Registrant Name
EntityRegistrantName
URBAN ONE, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
52-1166660
dei Entity Address Address Line1
EntityAddressAddressLine1
1010 Wayne Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
14th Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
Silver Spring
dei Entity Address State Or Province
EntityAddressStateOrProvince
MD
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20910
dei City Area Code
CityAreaCode
301
dei Local Phone Number
LocalPhoneNumber
429-3200
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
129652000
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
118657000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
239521000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
230788000
CY2023Q2 uone Programming And Technical Including Stock Based Compensation
ProgrammingAndTechnicalIncludingStockBasedCompensation
32554000
CY2022Q2 uone Programming And Technical Including Stock Based Compensation
ProgrammingAndTechnicalIncludingStockBasedCompensation
28351000
uone Programming And Technical Including Stock Based Compensation
ProgrammingAndTechnicalIncludingStockBasedCompensation
66471000
uone Programming And Technical Including Stock Based Compensation
ProgrammingAndTechnicalIncludingStockBasedCompensation
56869000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
49931000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
35193000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
86805000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
70403000
CY2023Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
13545000
CY2022Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
12352000
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
25130000
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
21889000
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1886000
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2481000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4483000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4886000
CY2023Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
22081000
CY2022Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
14905000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
38856000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
14905000
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
119997000
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
93282000
us-gaap Operating Expenses
OperatingExpenses
221745000
us-gaap Operating Expenses
OperatingExpenses
168952000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
9655000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
25375000
us-gaap Operating Income Loss
OperatingIncomeLoss
17776000
us-gaap Operating Income Loss
OperatingIncomeLoss
61836000
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1898000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2232000
us-gaap Investment Income Interest
InvestmentIncomeInterest
59000
CY2023Q2 us-gaap Interest Expense
InterestExpense
13972000
CY2022Q2 us-gaap Interest Expense
InterestExpense
15886000
us-gaap Interest Expense
InterestExpense
28040000
us-gaap Interest Expense
InterestExpense
31813000
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1855000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2356000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1855000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
96773000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9725000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
96460000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11711000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94354000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21069000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90784000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43648000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23197000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4125000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22037000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9590000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
71157000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
16944000
us-gaap Profit Loss
ProfitLoss
68747000
us-gaap Profit Loss
ProfitLoss
34058000
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
791000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
650000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1303000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1276000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
70366000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
16294000
us-gaap Net Income Loss
NetIncomeLoss
67444000
us-gaap Net Income Loss
NetIncomeLoss
32782000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47629163
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50806346
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47514722
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50994612
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50616435
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54658543
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50373714
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54871963
CY2023Q2 us-gaap Profit Loss
ProfitLoss
71157000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
16944000
us-gaap Profit Loss
ProfitLoss
68747000
us-gaap Profit Loss
ProfitLoss
34058000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
100000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
10500000
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
25000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
2529000
CY2023Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
96826000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
96826000
CY2023Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
23599000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
23599000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-73227000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
75000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-73227000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7971000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2070000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17019000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-4480000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
42029000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
791000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
650000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1303000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1276000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2861000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16369000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5783000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40753000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
230731000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75404000
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
477000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26475000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7103000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9223000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
122582000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
142045000
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6828000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8729000
CY2023Q2 uone Content Assets Current
ContentAssetsCurrent
38793000
CY2022Q4 uone Content Assets Current
ContentAssetsCurrent
34003000
CY2023Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
9907000
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
0
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
8391000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8750000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
417709000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
295406000
CY2023Q2 uone Content Assets Non Current
ContentAssetsNonCurrent
78459000
CY2022Q4 uone Content Assets Non Current
ContentAssetsNonCurrent
86378000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28178000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28258000
CY2023Q2 us-gaap Goodwill
Goodwill
216599000
CY2022Q4 us-gaap Goodwill
Goodwill
216599000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
26792000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
31879000
CY2023Q2 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
442288000
CY2022Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
488419000
CY2023Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
51419000
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
55193000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
0
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
40000000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
0
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
136826000
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
13125000
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5278000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5688000
CY2023Q2 us-gaap Assets
Assets
1279847000
CY2022Q4 us-gaap Assets
Assets
1344646000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
16497000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
17196000
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
22342000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
23111000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9002000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17421000
CY2023Q2 uone Content Payables Current
ContentPayablesCurrent
25817000
CY2022Q4 uone Content Payables Current
ContentPayablesCurrent
26718000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8138000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8690000
CY2023Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
2356000
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
32552000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
39682000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
116704000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
132818000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
715204000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
739000000
CY2023Q2 uone Content Payables Non Current
ContentPayablesNonCurrent
6032000
CY2022Q4 uone Content Payables Non Current
ContentPayablesNonCurrent
10365000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
20526000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25545000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
28407000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
34856000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
37155000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
39389000
CY2023Q2 us-gaap Liabilities
Liabilities
924028000
CY2022Q4 us-gaap Liabilities
Liabilities
981973000
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
24288000
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
31923000
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
73227000
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
999459000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
993484000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-667977000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-736010000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
331531000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
330750000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1279847000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1344646000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
330750000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2922000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2558000
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1324000
CY2023Q1 uone Apic Share Based Payment Arrangement Adjustment For Vesting Of Share Based Payment Awards Upon Grant
ApicShareBasedPaymentArrangementAdjustmentForVestingOfShareBasedPaymentAwardsUponGrant
-3234000
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-1308000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
331577000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
70366000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1305000
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
111000
CY2023Q2 uone Increase Decrease In Equity Related To Sale Of Investment
IncreaseDecreaseInEquityRelatedToSaleOfInvestment
-73227000
CY2023Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
1621000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
331531000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
303644000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
16488000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
124000
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
10000
CY2022Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-871000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7896000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
327271000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
16294000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
336000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
24659000
CY2022Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
60240
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000
CY2022Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-1036000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
75000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
318331000
us-gaap Profit Loss
ProfitLoss
68747000
us-gaap Profit Loss
ProfitLoss
34058000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-311000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-35000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4483000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4886000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
968000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1005000
uone Amortization Of Launch Assets
AmortizationOfLaunchAssets
2490000
uone Amortization Of Launch Assets
AmortizationOfLaunchAssets
1897000
uone Amortization Of Content Assets
AmortizationOfContentAssets
24374000
uone Amortization Of Content Assets
AmortizationOfContentAssets
20341000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
21365000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8876000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
4248000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
4330000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
38856000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
14905000
uone Non Cash Fair Value Adjustment Of Employment Agreement Award
NonCashFairValueAdjustmentOfEmploymentAgreementAward
-1818000
uone Non Cash Fair Value Adjustment Of Employment Agreement Award
NonCashFairValueAdjustmentOfEmploymentAgreementAward
1482000
us-gaap Share Based Compensation
ShareBasedCompensation
5598000
us-gaap Share Based Compensation
ShareBasedCompensation
460000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2356000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1855000
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-187000
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0
uone Non Cash Income Loss On Paycheck Protection Program Loan Forgiveness
NonCashIncomeLossOnPaycheckProtectionProgramLoanForgiveness
0
uone Non Cash Income Loss On Paycheck Protection Program Loan Forgiveness
NonCashIncomeLossOnPaycheckProtectionProgramLoanForgiveness
-7575000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
96826000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19774000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3444000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2260000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
251000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1249000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
698000
uone Increase Decrease In Content Assets
IncreaseDecreaseInContentAssets
26479000
uone Increase Decrease In Content Assets
IncreaseDecreaseInContentAssets
27595000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-699000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
42000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-769000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-810000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8419000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-3688000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-15147000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4993000
uone Increase Decrease In Payments For Launch Support
IncreaseDecreaseInPaymentsForLaunchSupport
0
uone Increase Decrease In Payments For Launch Support
IncreaseDecreaseInPaymentsForLaunchSupport
-5000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41775000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43226000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4118000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3871000
uone Restricted Cash Derecognized In Deconsolidation Of Joint Venture
RestrictedCashDerecognizedInDeconsolidationOfJointVenture
-26000000
uone Restricted Cash Derecognized In Deconsolidation Of Joint Venture
RestrictedCashDerecognizedInDeconsolidationOfJointVenture
0
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
6563000
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
136826000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
113271000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3871000
uone Proceeds From Contributions From Noncontrolling Interest Members Of Joint Venture
ProceedsFromContributionsFromNoncontrollingInterestMembersOfJointVenture
0
uone Proceeds From Contributions From Noncontrolling Interest Members Of Joint Venture
ProceedsFromContributionsFromNoncontrollingInterestMembersOfJointVenture
398000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
22281000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
22750000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1435000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24669000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2001000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1599000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
50000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25717000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48570000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
129329000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9215000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
101879000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
158718000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231208000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149503000
us-gaap Interest Paid Net
InterestPaidNet
27723000
us-gaap Interest Paid Net
InterestPaidNet
31543000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
698000
uone Right Of Use Asset And Lease Liability Additions
RightOfUseAssetAndLeaseLiabilityAdditions
1396000
uone Right Of Use Asset And Lease Liability Additions
RightOfUseAssetAndLeaseLiabilityAdditions
435000
uone Non Cash Launch Addition
NonCashLaunchAddition
0
uone Non Cash Launch Addition
NonCashLaunchAddition
13750000
uone Adjustment Of Redeemable Noncontrolling Interests To Estimated Redemption Value
AdjustmentOfRedeemableNoncontrollingInterestsToEstimatedRedemptionValue
-313000
uone Adjustment Of Redeemable Noncontrolling Interests To Estimated Redemption Value
AdjustmentOfRedeemableNoncontrollingInterestsToEstimatedRedemptionValue
1907000
CY2023Q2 uone Number Of Independently Formatted Revenue Producing Broadcast Stations Owned Or Operated
NumberOfIndependentlyFormattedRevenueProducingBroadcastStationsOwnedOrOperated
66
CY2023Q2 uone Number Of Fm Or M Stations Owned Or Operated
NumberOfFMOrMStationsOwnedOrOperated
55
CY2023Q2 uone Number Of Hd Stations Owned Or Operated
NumberOfHDStationsOwnedOrOperated
9
CY2023Q2 uone Number Of Low Power Television Stations Owned Or Operated
NumberOfLowPowerTelevisionStationsOwnedOrOperated
2
CY2023Q2 uone Number Of Most Populous Market
NumberOfMostPopulousMarket
13
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
188238000
CY2023Q2 uone Assets Subject To Fair Value Measurement Value
AssetsSubjectToFairValueMeasurementValue
188238000
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
25741000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-311000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1229000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7103000
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
129652000
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
118657000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
239521000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
230788000
CY2023Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
9613000
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
12597000
CY2023Q2 uone Customer Advances And Unearned Income
CustomerAdvancesAndUnearnedIncome
3058000
CY2022Q4 uone Customer Advances And Unearned Income
CustomerAdvancesAndUnearnedIncome
6123000
CY2023Q2 uone Audience Deficiency Reserve Current
AudienceDeficiencyReserveCurrent
11697000
CY2022Q4 uone Audience Deficiency Reserve Current
AudienceDeficiencyReserveCurrent
9629000
uone Unearned Event Income
UnearnedEventIncome
639000
CY2022 uone Unearned Event Income
UnearnedEventIncome
5708000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
70366000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
16294000
us-gaap Net Income Loss
NetIncomeLoss
67444000
us-gaap Net Income Loss
NetIncomeLoss
32782000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47629163
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50806346
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47514722
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50994612
CY2023Q2 uone Dilutive Securities Stock Options And Restrictive Stock Units
DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
2987272
CY2022Q2 uone Dilutive Securities Stock Options And Restrictive Stock Units
DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
3852197
uone Dilutive Securities Stock Options And Restrictive Stock Units
DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
2858992
uone Dilutive Securities Stock Options And Restrictive Stock Units
DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
3877351
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50616435
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54658543
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50373714
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54871963
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
23923000
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
24288000
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
25299000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
136826000
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
39798000
CY2022Q4 uone Assets Subject To Fair Value Measurement Value
AssetsSubjectToFairValueMeasurementValue
176624000
CY2023Q2 uone Fair Value Liabilities Level1 To Level2 Transfers Amount1
FairValueLiabilitiesLevel1ToLevel2TransfersAmount1
0
CY2023Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P50Y
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2890000
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3169000
us-gaap Operating Lease Cost
OperatingLeaseCost
5839000
us-gaap Operating Lease Cost
OperatingLeaseCost
6414000
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
11000
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
10000
us-gaap Variable Lease Cost
VariableLeaseCost
22000
us-gaap Variable Lease Cost
VariableLeaseCost
20000
CY2023Q2 us-gaap Lease Cost
LeaseCost
2901000
CY2022Q2 us-gaap Lease Cost
LeaseCost
3179000
us-gaap Lease Cost
LeaseCost
5861000
us-gaap Lease Cost
LeaseCost
6434000
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
3127000
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
3503000
us-gaap Operating Lease Payments
OperatingLeasePayments
6229000
us-gaap Operating Lease Payments
OperatingLeasePayments
7006000
CY2023Q2 uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
2277000
CY2022Q2 uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
2479000
uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
4528000
uone Operating Lease Payments For Liability Reduction
OperatingLeasePaymentsForLiabilityReduction
4928000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M2D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M4D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M2D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M4D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1100
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5646000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10932000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7046000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
239521000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5280000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3670000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8540000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41114000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10094000
CY2023Q2 uone Lessee Operating Lease Leases Held For Sale
LesseeOperatingLeaseLeasesHeldForSale
-2356000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
28664000
CY2016Q4 uone Put Rights Exercisable Period
PutRightsExercisablePeriod
P30D
CY2023Q2 uone Reassessed Estimated Fair Value Of Award
ReassessedEstimatedFairValueOfAward
23900000
CY2022Q4 uone Reassessed Estimated Fair Value Of Award
ReassessedEstimatedFairValueOfAward
25700000
CY2022Q4 us-gaap Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
2300000
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1800000
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1800000
CY2023Q2 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
1100000
CY2022Q4 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
1500000
CY2022Q4 us-gaap Number Of Reporting Units
NumberOfReportingUnits
16
CY2022Q4 uone Number Of Radio Markets In Radio Segment Of Each Reporting Unit
NumberOfRadioMarketsInRadioSegmentOfEachReportingUnit
13
CY2022Q4 uone Number Of Other Business Segments Contains Radio Markets
NumberOfOtherBusinessSegmentsContainsRadioMarkets
3
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
3200000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
230788000
CY2022Q2 uone Asset Acquisition Pro Forma Revenue
AssetAcquisitionProFormaRevenue
123439000
uone Asset Acquisition Pro Forma Revenue
AssetAcquisitionProFormaRevenue
239932000
CY2022Q2 uone Asset Acquisition Pro Forma Income Loss From Continuing Operations Net Of Tax
AssetAcquisitionProFormaIncomeLossFromContinuingOperationsNetOfTax
25846000
uone Asset Acquisition Pro Forma Income Loss From Continuing Operations Net Of Tax
AssetAcquisitionProFormaIncomeLossFromContinuingOperationsNetOfTax
62578000
CY2022Q2 uone Asset Acquisition Pro Forma Net Income Loss
AssetAcquisitionProFormaNetIncomeLoss
17340000
uone Asset Acquisition Pro Forma Net Income Loss
AssetAcquisitionProFormaNetIncomeLoss
34670000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
725000000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
750000000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2023Q2 uone Longterm Portion Of Original Issue Discount
LongtermPortionOfOriginalIssueDiscount
9796000
CY2022Q4 uone Longterm Portion Of Original Issue Discount
LongtermPortionOfOriginalIssueDiscount
11000000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
715204000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
739000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90800000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
uone Estimated Effective Annual Income Tax Rate Reconciliation Percent Total
EstimatedEffectiveAnnualIncomeTaxRateReconciliationPercentTotal
0.305
uone Discrete Tax Expense Related To Gain On Investment.
DiscreteTaxExpenseRelatedToGainOnInvestment.
23900000
CY2023Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
100000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
129652000
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
118657000
CY2023Q2 uone Operating Expenses Excluding Depreciation Amortization And Impairment Charges And Including Stock Based Compensation
OperatingExpensesExcludingDepreciationAmortizationAndImpairmentChargesAndIncludingStockBasedCompensation
96030000
CY2022Q2 uone Operating Expenses Excluding Depreciation Amortization And Impairment Charges And Including Stock Based Compensation
OperatingExpensesExcludingDepreciationAmortizationAndImpairmentChargesAndIncludingStockBasedCompensation
75896000
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1886000
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2481000
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
22081000
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
14905000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
9655000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
25375000
CY2023Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2108000
CY2022Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2295000
uone Operating Expenses Excluding Depreciation Amortization And Impairment Charges And Including Stock Based Compensation
OperatingExpensesExcludingDepreciationAmortizationAndImpairmentChargesAndIncludingStockBasedCompensation
178406000
uone Operating Expenses Excluding Depreciation Amortization And Impairment Charges And Including Stock Based Compensation
OperatingExpensesExcludingDepreciationAmortizationAndImpairmentChargesAndIncludingStockBasedCompensation
149161000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4483000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4886000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
38856000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
14905000
us-gaap Operating Income Loss
OperatingIncomeLoss
17776000
us-gaap Operating Income Loss
OperatingIncomeLoss
61836000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4118000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3844000
CY2023Q2 us-gaap Assets
Assets
1279847000
CY2022Q4 us-gaap Assets
Assets
1344646000
uone Broadcasters License Agreement Term
BroadcastersLicenseAgreementTerm
P8Y

Files In Submission

Name View Source Status
uone-20230630_cal.xml Edgar Link unprocessable
uone-20230630_lab.xml Edgar Link unprocessable
0001558370-23-019226-index-headers.html Edgar Link pending
0001558370-23-019226-index.html Edgar Link pending
0001558370-23-019226.txt Edgar Link pending
0001558370-23-019226-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
uone-20230630.xsd Edgar Link pending
uone-20230630x10q.htm Edgar Link pending
uone-20230630x10q001.jpg Edgar Link pending
uone-20230630xex31d1.htm Edgar Link pending
uone-20230630xex31d2.htm Edgar Link pending
uone-20230630xex32d1.htm Edgar Link pending
uone-20230630xex32d2.htm Edgar Link pending
uone-20230630_def.xml Edgar Link unprocessable
uone-20230630_pre.xml Edgar Link unprocessable
uone-20230630x10q_htm.xml Edgar Link completed