Mediaco Holding Inc. Segments Disclosure
| Year Ended December 31, 2025 | Audio | Video | Consolidated | |||||||||||||||||
| Net revenues | $ | 54,746 | $ | 78,590 | $ | 133,336 | ||||||||||||||
| Operating expenses excluding depreciation and amortization expense | 56,412 | 87,413 | 143,825 | |||||||||||||||||
| Depreciation and amortization | 2,887 | 3,956 | 6,843 | |||||||||||||||||
Other segment items(2) | 142 | 2 | 144 | |||||||||||||||||
| Segment operating loss | $ | (4,694) | $ | (12,781) | $ | (17,475) | ||||||||||||||
Corporate and other(1) | 7,288 | |||||||||||||||||||
| Interest expense, net | 15,495 | |||||||||||||||||||
| Change in fair value of warrant shares liability | 5,923 | |||||||||||||||||||
| Impairment of Goodwill and Intangibles | 23,099 | |||||||||||||||||||
| Other income | (3,953) | |||||||||||||||||||
| Loss before income taxes | $ | (65,328) | ||||||||||||||||||
| Year Ended December 31, 2024 | Audio | Video | Consolidated | |||||||||||||||||
| Net revenues | $ | 57,534 | $ | 38,037 | $ | 95,571 | ||||||||||||||
| Operating expenses excluding depreciation and amortization expense | 55,963 | 50,687 | 106,650 | |||||||||||||||||
| Depreciation and amortization | 3,036 | 2,222 | 5,258 | |||||||||||||||||
Other segment items(2) | 10 | — | 10 | |||||||||||||||||
| Segment operating loss | $ | (1,475) | $ | (14,872) | $ | (16,347) | ||||||||||||||
Corporate and other(1) | 11,859 | |||||||||||||||||||
| Interest expense, net | 11,137 | |||||||||||||||||||
| Change in fair value of warrant shares liability | (38,360) | |||||||||||||||||||
| Other income | (1) | |||||||||||||||||||
| Loss before income taxes | $ | (982) | ||||||||||||||||||
| Total Assets | Audio | Video | Corporate and other (3) | Consolidated | ||||||||||||||||||||||
| December 31, 2025 | $ | 169,221 | $ | 116,727 | $ | 5,109 | $ | 291,058 | ||||||||||||||||||
| December 31, 2024 | $ | 198,310 | $ | 122,748 | $ | 4,443 | $ | 325,501 | ||||||||||||||||||
(1) Corporate and other is not an operating segment. Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal, finance and administrative functions of the Company, as well as overall executive, administrative and support functions. As of December 31, 2025 the primary components of these expenses consist of $2.6 million for employee related costs and $3.6 million of professional services. | ||||||||||||||||||||||||||
(2) Other segment items include gain/loss on disposal of assets. | ||||||||||||||||||||||||||
(3) Corporate and other is not an operating segment. Corporate and other assets primarily include cash and cash equivalents. | ||||||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 31, 2026 | Showing above |
| 2024 | Apr 15, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.