Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 181

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 181
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, excluding stock-based compensation12,173 9,787 23,657 25,679 Stock-based compensation574 1,079 1,250 2,463 Gain on retirement of debt(30,297)(7,425)(41,884)(15,299)Other income, net(124)(14)(316)(900)Loss from unconsolidated joint venture— — — 411 Depreciation and amortization3,523 2,993 5,838 4,843 Net (loss) income attributable to non-controlling interests(67)334 (64)576 Impairment of goodwill and intangible assets130,078 80,758 136,521 80,758 Broadcast and digital operating income$25,664 $34,196 $48,680 $66,210 

The reconciliation of net loss attributable to common stockholders to Adjusted EBITDA is as follows:

Three Months Ended June 30,Six Months Ended June 30,2025202420252024(In thousands)(In thousands)Net loss to common stockholders$(77,902)$(45,431)$(89,644)$(37,938)Add back/(deduct) certain non-broadcast and digital operating income items included in net loss:Interest and investment income(616)(1,777)(1,582)(3,775)Interest expense9,704 12,404 20,628 25,402 Benefit from income taxes(21,382)(18,512)(5,724)(16,010)Depreciation and amortization3,523 2,993 5,838 4,843 EBITDA$(86,673)$(50,323)$(70,484)$(27,478)Stock-based compensation574 1,079 1,250 2,463 Gain on retirement of debt(30,297)(7,425)(41,884)(15,299)Other income, net(124)(14)(316)(900)Loss from unconsolidated joint venture— — — 411 Net (loss) income attributable to non-controlling interests(67)334 (64)576 Corporate costs(a)362 3,488 1,109 8,847 Severance-related costs— 516 219 580 Impairment of goodwill and intangible assets130,078