Company: UONE
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001041657-25-000054
Chunk: 71

Company: URBAN ONE, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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 cash flowDiscount rate11.5%11.5%Employment Agreement AwardDiscounted cash flowOperating profit margin range20.0% - 38.1%27.0% - 34.4%Employment Agreement AwardDiscounted cash flowRevenue growth rate range(7.8)% - (2.0)%(12.2)% - 1.9%Employment Agreement AwardMarket approachAverage recurring EBITDA multiple4.0x - 4.5x4.5xRedeemable non-controlling interestsDiscounted cash flowDiscount rate15.5%20.5%Redeemable non-controlling interestsDiscounted cash flowOperating profit margin range6.8% - 21.7%30.9% - 34.0%Redeemable non-controlling interestsDiscounted cash flowRevenue growth rate range(0.5)% - 24.3%(5.1)% - 19.7%Redeemable non-controlling interestsMarket approach(b)EBITDA Exit multipleN/A4.0x(a) Any significant increases or decreases in unobservable inputs could result in significantly higher or lower fair value measurements. Changes in fair value measurements, if significant, may affect the Company’s performance of cash flows.(b) The Company did not utilize the market approach to measure the fair value of the redeemable non-controlling interests.Certain assets and liabilities are measured at fair value on a non-recurring basis using Level 3 inputs as defined in ASC 820. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances. Included in this category are goodwill, radio broadcasting licenses and other intangible assets, net, which are written down to fair value when they are determined to be impaired, as well as content assets that are periodically written down to net realizable value. See Note 8 – Goodwill and Other Intangible Assets of the Company's unaudited condensed consolidated financial statements for further discussion.Financial Instruments

As of September 30, 2025 and December 31, 2024, the Company’s financial instruments consisted of cash and cash equivalents, restricted cash, trade accounts receivable, its asset-backed credit facility, and long-term debt. The carrying amounts approximated fair value for each of these financial instruments as of September 30, 2025 and December 31, 2024, except for the Company’s long-term debt, which is disclosed in Note