Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 46

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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ast between the Sales and marketing and the General and administrative in this Quarterly Report on Form 10-Q across the four segments to conform the presentation of significant segment expenses used to evaluate segment performance by the CODM. Three Months Ended June 30,Six Months Ended June 30,2025202420252024(in thousands)(in thousands)Segment Adjusted EBITDA to loss from consolidated operations before benefit from income taxes reconciliationSegment Adjusted EBITDA$23,197 $31,688 $44,144 $60,800 Less: Corporate/Eliminations/Other(9,237)(2,766)(17,327)(9,621)Corporate costs(a)362 3,488 1,109 8,847 Severance-related costs— 516 219 580 Loss from ceased non-core business initiatives107 509 466 1,221 Stock-based compensation574 1,079 1,250 2,463 Depreciation and amortization3,523 2,993 5,838 4,843 Impairment of goodwill and intangible assets130,078 80,758 136,521 80,758 Interest and investment income(616)(1,777)(1,582)(3,775)Interest expense9,704 12,404 20,628 25,402 Gain on retirement of debt(30,297)(7,425)(41,884)(15,299)Other income, net(124)(14)(316)(900)Loss from consolidated operations before benefit from income taxes$(99,351)$(63,609)$(95,432)$(52,961)(a) Corporate costs include professional fees related to the material weakness remediation efforts.

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Table of Contents

Three Months Ended June 30,20252024(In thousands)Capital expenditures:Radio Broadcasting$590$1,753Reach Media819Digital380431Cable Television——All other - corporate/eliminations24021Consolidated$1,218$2,224Six Months Ended June 30,20252024(In thousands)Capital expenditures:Radio Broadcasting$2,725$2,837Reach Media829Digital664878Cable Television—69All other - corporate/eliminations368226Consolidated$3,765$4,039

13. COMMITMENTS AND CONTINGENCIESRadio Broadcasting LicensesEach of the Company’s radio stations operates pursuant to one or more licenses issued by the