Arena Group Holdings, Inc. (AREN)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenue | 45,012 | 31,815 | 33,555 | 27,183 |
| Cost of revenue (includes amortization of platform development and developed technology for the three months ended june 30, 2025 and 2024 of 1,108 and 1,507, respectively and for the six months ended june 30, 2025 and 2024 of 2,384 and 3,056, respectively) | 19,577 | 16,146 | 16,562 | 16,465 |
| Gross profit | 25,435 | 15,669 | 16,993 | 10,718 |
| Selling and marketing | 1,942 | 2,134 | 2,011 | 3,751 |
| General and administrative | 6,200 | 5,283 | 6,023 | 8,632 |
| Depreciation and amortization | 881 | 890 | 905 | 913 |
| Loss on impairment of assets | - | - | - | - |
| Total operating expenses | 9,023 | 8,307 | 8,939 | 13,296 |
| Income (loss) from operations | 16,412 | 7,362 | 8,054 | -2,578 |
| Liquidated damages | - | -75 | -77 | -76 |
| Interest expense, net | 2,945 | 3,004 | 3,159 | 4,249 |
| Change in valuation of contingent consideration | - | - | - | - |
| Liquidated damages | 76 | - | - | - |
| Total other expense | -3,021 | -3,079 | -3,236 | -4,325 |
| Income (loss) before income taxes | 13,391 | 4,283 | 4,818 | -6,903 |
| Income tax provision | 979 | 286 | 40 | 35 |
| Income (loss) from continuing operations | 12,412 | 3,997 | 4,778 | -6,938 |
| Income (loss) from discontinued operations, net of tax | 96,227 | 23 | -822 | -1,249 |
| Net income (loss) | 108,639 | 4,020 | 3,956 | -8,187 |
| Basic (in shares) | 47,398,767 | 47,458,076 | 37,610,058 | 29,399,365 |
| Basic net income (loss) per common share (in dollars per share) | 2.29 | 0.08 | 0.11 | -0.28 |
| Diluted (in shares) | 47,635,146 | 47,466,658 | 37,610,058 | 29,399,365 |
| Diluted net income (loss) per common share (in dollars per share) | 2.28 | 0.08 | 0.11 | -0.28 |