Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 15

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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,644)$(37,938)NET LOSS TO COMMON STOCKHOLDERS (per share)  Basic$(1.74)$(0.94)$(2.00)$(0.78)Diluted$(1.74)$(0.94)$(2.00)$(0.78)WEIGHTED-AVERAGE SHARES OUTSTANDING:Basic44,738,30648,483,63944,768,28048,434,513Diluted44,738,30648,483,63944,768,28048,434,513

(a) Corporate selling, general and administrative expenses have been collapsed with Selling, general and administrative expenses in the unaudited condensed consolidated statements of operations. 

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

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URBAN ONE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(In thousands)

(Unaudited)Three Months Ended June 30,Six Months Ended June 30,2025202420252024NET LOSS$(77,969)$(45,097)$(89,708)$(37,362)COMPREHENSIVE LOSS$(77,969)$(45,097)$(89,708)$(37,362)LESS: COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS(67)334 (64)576 COMPREHENSIVE LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS$(77,902)$(45,431)$(89,644)$(37,938)

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

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URBAN ONE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

As ofJune 30, 2025December 31, 2024ASSETS  CURRENT ASSETS:  Cash and cash equivalents$85,732 $137,090 Restricted cash485 484 Trade accounts receivable, net of allowance for expected credit losses of $3,839 and $4,553, respectively93,836 113,847 Prepaid expenses10,602 8,156 Current portion of content assets37,308 36,861 Other current