Company: UONE
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001041657-25-000054
Chunk: 142

Company: URBAN ONE, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 142
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—14—1,745Net revenue$39,716$10,247$18,291$42,797$(658)$110,393(In thousands)RadioBroadcastingReachMediaDigital(1)CableTelevision(1)All Other - Corporate/EliminationsConsolidatedNine Months Ended September 30, 2025Radio advertising$97,771$17,211$—$—$(2,015)$112,967Political advertising580—14——594Digital advertising——33,148——33,148Cable Television advertising———71,076—71,076Cable Television affiliate fees———52,867—52,867Event revenues & other5,677104—110—5,891Net revenue$104,028$17,315$33,162$124,053$(2,015)$276,543Nine Months Ended September 30, 2024Radio advertising$107,406$26,456$—$—$(2,109)$131,753Political advertising4,6519421,342——6,935Digital advertising(1)——43,209——43,209Cable Television advertising(1)———75,104—75,104Cable Television affiliate fees———58,910—58,910Event revenues & other6,00910,250—9927816,636Net revenue$118,066$37,648$44,551$134,113$(1,831)$332,547(1) Effective January 1, 2025, segment information for the prior periods has been recast in this Quarterly Report on Form 10-Q to include reclassification of a portion of revenues from our connected television (“CTV”) offering from the Digital segment to the Cable Television segment. 

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Contract Assets and Liabilities Contract assets and contract liabilities that are not separately stated in the Company’s unaudited condensed consolidated balance sheet as of September 30, 2025, and consolidated balance sheet as of December 31, 2024 were as follows:September 30, 2025December 31, 2024(In thousands)Contract assets:Unbilled receivables$4,107 $5,969 Contract liabilities:Customer advances and unearned income$2,798 $2,200 Reserve for audience deficiency15,228 22,383 Unearned event income6,937 1,152 Unbilled receivables consist of earned revenue that has