Townsquare Media Inc-A 2026年季度报告

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _______ to ______Commission file number 001-36558 Townsquare Media, Inc. (Exact name of registrant as specified in its charter) Delaware 27-1996555 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 4 Manhattanville RoadSuite 107Purchase,New York10577(Address of Principal Executive Offices, including Zip Code)(203) 861-0900(Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule12b-2 of theExchange Act. Largeacceleratedfiler☐Non-acceleratedfiler☐ Accelerated filer☒Smallerreportingcompany☒Emerging growth company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As ofMay6, 2026, the registrant had 17,953,792 outstanding shares of common stock consisting of: (i) 16,638,496 shares of ClassA common stock, par value $0.01 pershare and (ii)815,296 shares of Class B common stock, par value $0.01 per share; and (iii)500,000 shares of Class C common stock, par value $0.01 per share. TOWNSQUARE MEDIA, INC. INDEX Item 1.Financial Statements (Unaudited)Consolidated Balance Sheets as of March 31, 2026 and December 31, 20252Consolidated Statements of Operations for the three months ended March 31, 2026 and 20253Consolidated Statements of Stockholders' Deficit for the three months ended March 31, 2026 and 20254Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 20255Notes to Unaudited Consolidated Financial Statements7Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations22Item 4.Controls and Procedures31PART II OTHER INFORMATIONItem 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits33Signatures34 TOWNSQUARE MEDIA, INC.CONSOLIDATED BALANCE SHEETS(in Thousands, Except Share and Per Share Data)(unaudited) TOWNSQUARE MEDIA, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(in Thousands, Except Per Share Data)(unaudited) TOWNSQUARE MEDIA, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (continued) (in Thousands)(unaudited) See Notes to Unaudited Consolidated Financial Statements TOWNSQUARE MEDIA, INC.NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS Note 1. Organization and Basis of Presentation Description of the Business Townsquare is a community-focused digital and broadcast media and digital marketing solutions company principallyfocused outside the top 50 markets in the U.S. Townsquare Ignite, our robust digital advertising division, specializes in helpingbusinesses of all sizes connect with their target audience through data-driven, results based strategies, by utilizing a) our proprietarydigital programmatic advertising technology stack with an in-house demand and data management platform and b) our owned andoperated portfolio of more than 400 local news and entertainment websites and mobile apps along with a network of leading nationalmusic and entertainment brands, collecting valuable first party data. Townsquare Interactive, our subscription digital marketingservices business, partners with small and medium-sized businesses (“SMBs”) to help manage their digital presence by providing aSAAS business management platform, website design, creation and hosting, search e