Company: UONE
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001041657-25-000034
Chunk: 17

Company: URBAN ONE, INC.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 OTHER COMPREHENSIVE (LOSS) INCOME— — COMPREHENSIVE (LOSS) INCOME$(11,739)$7,735 LESS: COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS3 242 COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$(11,742)$7,493 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

5

Table of Contents

URBAN ONE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

As ofMarch 31, 2025December 31, 2024ASSETS  CURRENT ASSETS:  Cash and cash equivalents$115,084 $137,090 Restricted cash484 484 Trade accounts receivable, net of allowance for expected credit losses of $3,839 and $4,553, respectively94,144 113,847 Prepaid expenses9,971 8,156 Current portion of content assets36,538 36,861 Other current assets7,375 8,941 Total current assets263,596 305,379 CONTENT ASSETS, NET85,044 86,868 PROPERTY AND EQUIPMENT, NET28,649 27,822 GOODWILL196,425 196,425 RIGHT OF USE ASSETS, NET30,847 31,055 RADIO BROADCASTING LICENSES251,316 257,759 OTHER INTANGIBLE ASSETS, NET26,266 30,860 OTHER ASSETS8,408 8,622 Total assets$890,551 $944,790 LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND STOCKHOLDERS’ EQUITY  CURRENT LIABILITIES:  Accounts payable$17,869 $19,945 Accrued interest6,903 18,028 Accrued compensation and related benefits8,492 11,899 Reserve for audience deficiency19,467 22,383 Current portion of content payables11,914 14,233 Current portion of lease liabilities6,181 7,428 Other current liabilities18,211 20,386 Total current liabilities89,037 114,