MediaCo Holding Inc-A 2026年季度报告

(Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____Commission File Number 001-39029______________________________________ MEDIACO HOLDING INC. (Exact name of registrant as specified in its charter)______________________________________ Indiana(State or other jurisdiction of incorporation or organization)84-2427771(I.R.S. Employer Identification No.)48 West 25th Street, Third FloorNew York, New York 10010(Address of principal executive offices)(212) 447-1000(Registrant’s Telephone Number, Including Area Code)N/A(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)______________________________________ 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 Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit 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 reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. The number of shares outstanding of each of MediaCo Holding Inc.’s classes of common stock, as of May13, 2026, was: INDEX PART I — FINANCIAL INFORMATIONItem 1. Financial Statements3Condensed Consolidated Statements of Operations for the three-monthperiods ended March 31, 2026 and20253Condensed Consolidated Balance Sheets as of March 31, 2026and December 31, 20254Condensed Consolidated Statements of Changes in Equity for the three-monthperiods ended March 31, 2026and 20255Condensed Consolidated Statements of Cash Flows for the three-month periods ended March 31, 2026 and20256Notes to Condensed Consolidated Financial Statements7Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3. Quantitative and Qualitative Disclosures about Market Risk26Item 4. Controls and Procedures26PART II — OTHER INFORMATIONItem 1. Legal Proceedings27Item 1A. Risk Factors27Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities28Item 3. Defaults upon Senior Securities28Item 4. Mine Safety Disclosures28Item 5. Other Information28Item 6. Exhibits28SIGNATURES29 PART I — FINANCIAL INFORMATION MEDIACO HOLDING INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) MEDIACO HOLDING INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Dollars in Thousands Unless Indicated Otherwise)(Unaudited) 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization MediaCo Holding Inc., and its subsidiaries (collectively, “MediaCo” or the “Company”) is an owned and operated multi-mediacompany formed in Indiana in 2019, focused on television, radio and digital advertising, premium programming and events. Our portfolio includes a national network, as well as digital, and commercial operations. Our broadcasting assets consist of thirteenradio stations, including two located in New York City, WQHT(FM) and WBLS(FM) (the “Stations”), which serve the New York Citydemographic market area and primarily target Black, Hispanic, and multi-cultural consumers. The remaining eleven radio stations serve LosAngeles, CA, Houston, TX, and Dallas, TX. Our assets also include nine television stations serving Los Angeles, CA, Houston, TX, Denver,CO, New York, NY, Chicago, IL and Miami, FL. Our portfolio includes the Estrella brands including the EstrellaTV network, its linear anddigital video content business, and its digital channels, including eight free ad-supported television (“FAST”) channels: EstrellaTV, EstrellaNews, Cine EstrellaTV, Estrella Games, EstrellaTV Mexico, Curiosity Explora, Curiosity Motores, and Curiosity Animales. We derive ourrevenues primarily from radio, television and digital advertising sales, and also generate revenues from events, including sponsorships andticket sales, licensing,