10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-320441`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	d240858d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 94 Cash Flow Statement 111 Stockholders Equity 33

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.68M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.07M	USD	Point-in-time
Other receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$455.00K	USD	Point-in-time
Other receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$124.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.30M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$996.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$461.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.33M	USD	Point-in-time
Trade accounts receivable (net of allowances of $14,069 in 2020 and $11,680 in 2021)	`AccountsReceivableNetCurrent`	$24.47M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$180.34M	USD	Point-in-time
Trade accounts receivable (net of allowances of $14,069 in 2020 and $11,680 in 2021)	`AccountsReceivableNetCurrent`	$24.43M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$185.13M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$57.77M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$3.30M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$3.19M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$58.90M	USD	Point-in-time
Other receivables (net of allowances of $124 in 2020 and $455 in 2021)	`OtherReceivablesNetCurrent`	$1.12M	USD	Point-in-time
Other receivables (net of allowances of $124 in 2020 and $455 in 2021)	`OtherReceivablesNetCurrent`	$1.59M	USD	Point-in-time
Inventories	`InventoryNet`	$907.00K	USD	Point-in-time
Inventories	`InventoryNet`	$495.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.85M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.97M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$3.35M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.85M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$45.80M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Notes receivable (net of allowance of $461 in 2020 and $996 in 2021)	`NotesAndLoansReceivableNetNoncurrent`	$364.00K	USD	Point-in-time
Notes receivable (net of allowance of $461 in 2020 and $996 in 2021)	`NotesAndLoansReceivableNetNoncurrent`	$721.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $180,336 in 2020 and $185,127 in 2021)	`PropertyPlantAndEquipmentNet`	$79.12M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $180,336 in 2020 and $185,127 in 2021)	`PropertyPlantAndEquipmentNet`	$78.42M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$44.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$48.20M	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$152.00K	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$121.00K	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$320.01M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$337.86M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$319.77M	USD	Point-in-time
Goodwill	`Goodwill`	$200.00K	USD	Point-in-time
Goodwill	`Goodwill`	$23.99M	USD	Point-in-time
Goodwill	`Goodwill`	$23.76M	USD	Point-in-time
Goodwill	`Goodwill`	$24.00M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $58,897 in 2020 and $57,769 in 2021)	`FiniteLivedIntangibleAssetsNet`	$4.02M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $58,897 in 2020 and $57,769 in 2021)	`FiniteLivedIntangibleAssetsNet`	$2.79M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$895.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$213.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.68M	USD	Point-in-time
Total assets	`Assets`	$524.57M	USD	Point-in-time
Total assets	`Assets`	$538.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.18M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.74M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$10.24M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$10.75M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.75M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.23M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.56M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.65M	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$147.00K	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$114.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$626.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$563.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.60M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.96M	USD	Point-in-time
Current portion of financing lease liabilities	`FinanceLeaseLiabilityCurrent`	$60.00K	USD	Point-in-time
Current portion of financing lease liabilities	`FinanceLeaseLiabilityCurrent`	$59.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.86M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$213.76M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$208.56M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$47.74M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$43.18M	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$79.00K	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$107.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$68.88M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$400.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$69.29M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.87M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$2.08M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$3.79M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$3.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.21M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$377.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$389.29M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$247.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$247.67M	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-53.35M	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-78.02M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2020 and September 30, 2021)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2020 and September 30, 2021)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$160.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$131.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$135.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$189.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$136.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$138.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$131.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$133.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$538.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$524.57M	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$65.98M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$60.64M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$189.12M	USD	3 Qtrs
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$171.76M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$163.32M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$185.91M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$55.89M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$50.18M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $18 and $0 for the three months ended September 30, 2020 and 2021, respectively, and $198 and $5 for the nine months ended September 30, 2020 and 2021, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $18 and $0 for the three months ended September 30, 2020 and 2021, respectively, and $198 and $5 for the nine months ended September 30, 2020 and 2021, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$11.91M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.91M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $18 and $0 for the three months ended September 30, 2020 and 2021, respectively, and $198 and $5 for the nine months ended September 30, 2020 and 2021, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.28M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.28M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $18 and $0 for the three months ended September 30, 2020 and 2021, respectively, and $198 and $5 for the nine months ended September 30, 2020 and 2021, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$12.76M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$12.76M	USD	3 Qtrs
Debt modification costs	`DebtModificationCosts`	$2.35M	USD	3 Qtrs
Debt modification costs	`DebtModificationCosts`	$2.35M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$8.12M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$8.11M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.68M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.79M	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.58M	USD	3 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.55M	USD	3 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$427.00K	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$751.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-12.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-10.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$17.25M	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$10.61M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$10.55M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-1.49M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-1.38M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$163.32M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$185.91M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$55.89M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$50.18M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$25.80M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-14.15M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$15.80M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$4.75M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$11.89M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.07M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.03M	USD	1 Quarter
Gain on the forgiveness of PPP loans	`GainOnTheForgivenessOfPppLoans`	$11.21M	USD	3 Qtrs
Gain on the forgiveness of PPP loans	`GainOnTheForgivenessOfPppLoans`	$11.21M	USD	1 Quarter
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-56.00K	USD	3 Qtrs
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$11.20M	USD	Point-in-time
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$49.00K	USD	3 Qtrs
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-56.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-45.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$87.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$2.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$730.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.15M	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.21M	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.93M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$479.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$837.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$401.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.18M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.67M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$329.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.09M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$323.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	3 Qtrs
Basic income (loss) per share	`EarningsPerShareBasic`	$-2.15	USD	3 Qtrs
Basic income (loss) per share	`EarningsPerShareBasic`	$0.92	USD	3 Qtrs
Basic income (loss) per share	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic income (loss) per share	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Diluted income (loss) per share	`EarningsPerShareDiluted`	$-2.15	USD	3 Qtrs
Diluted income (loss) per share	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted income (loss) per share	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted income (loss) per share	`EarningsPerShareDiluted`	$0.91	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.87M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.68M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.83M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.68M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.79M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.22M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.68M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.28M	shares	1 Quarter

Cash Flow Statement 111 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-57.39M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$24.67M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$240.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$78.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$74.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$273.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.69M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.67M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$675.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$690.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$6.53M	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$6.75M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-248.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.12M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$30.95M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$404.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-12.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-10.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$17.25M	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Gain on the forgiveness of PPP loans	`GainOnTheForgivenessOfPppLoans`	$11.21M	USD	3 Qtrs
Gain on the forgiveness of PPP loans	`GainOnTheForgivenessOfPppLoans`	$11.21M	USD	1 Quarter
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-56.00K	USD	3 Qtrs
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$11.20M	USD	Point-in-time
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$49.00K	USD	3 Qtrs
Gain (loss) on the early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-56.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$10.61M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$10.55M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-1.49M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-1.38M	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$67.00K	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-2.56M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$412.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-99.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.22M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.34M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.60M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.87M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.32M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.40M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$782.00K	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$5.27M	USD	3 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-268.00K	USD	3 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$28.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.25M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$41.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$63.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$30.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.75M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.14M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$3.56M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$6.95M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$140.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$138.00K	USD	3 Qtrs
Deposit on broadcast assets and radio station acquisitions	`DepositOnBroadcastAndDigitalAcquisitions`	$100.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$600.00K	USD	3 Qtrs
Proceeds from sale of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$188.00K	USD	3 Qtrs
Proceeds from sale of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$15.77M	USD	3 Qtrs
Proceeds from the cash surrender value of life insurance policies	`ProceedsFromLifeInsurancePolicies`	$2.36M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$353.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.23M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.77M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.91M	USD	3 Qtrs
Proceeds from 2028 Notes	`ProceedsFromRepurchaseOfSeniorSecuredNotes`	$114.73M	USD	3 Qtrs
Payments to repurchase or exchange 2024 Notes	`PaymentsToRepurchaseOrExchangeSeniorSecuredNotes`	$119.44M	USD	3 Qtrs
Payments to repurchase or exchange 2024 Notes	`PaymentsToRepurchaseOrExchangeSeniorSecuredNotes`	$3.39M	USD	3 Qtrs
Proceeds from borrowings under PPP Loans	`ProceedsFromIssuanceOfLongTermDebt`	$11.20M	USD	3 Qtrs
Payments under PPP loans	`PaymentsUnderPppLoans`	$-17.00K	USD	3 Qtrs
Payments of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-1.92M	USD	3 Qtrs
Payments of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-124.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$405.00K	USD	3 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$48.00K	USD	3 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$52.00K	USD	3 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$667.00K	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.89M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.95M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-64.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.29M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.46M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$23.78M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.33M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$9.63M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$7.73M	USD	3 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$6.00K	USD	3 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$6.00K	USD	3 Qtrs
Net cash paid for (received from) income taxes	`IncomeTaxesPaidNet`	$13.00K	USD	3 Qtrs
Net cash paid for (received from) income taxes	`IncomeTaxesPaidNet`	$196.00K	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$2.15M	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$1.65M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$1.97M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$1.70M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$138.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$140.00K	USD	3 Qtrs
Deferred payments on acquisitions	`DeferredPaymentsOnAcquisitions`	$708.00K	USD	3 Qtrs
Deferred payments on acquisitions	`DeferredPaymentsOnAcquisitions`	-	USD	3 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.47M	USD	3 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.71M	USD	3 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$17.00K	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$4.00K	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$27.00K	USD	3 Qtrs
Net assets and liabilities assumed in a non-cash acquisition	`NetAssetsAndLiabilitiesAssumedInANoncashAcquisition`	$311.00K	USD	3 Qtrs
Estimated present value of contingent-earn out consideration	`EstimatedPresentValueOfContingentEarnOutConsideration`	$11.00K	USD	3 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$160.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$135.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$189.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$138.41M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$133.90M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$74.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$96.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$103.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.00K	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$392.00K	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.00K	USD	1 Quarter
Cash distributions	`EquityDistribution`	$667.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.67M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$329.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.09M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$323.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	3 Qtrs
Balance	`StockholdersEquity`	$160.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$135.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$189.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$138.41M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$133.90M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.