← Arena Group Holdings, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $0 $77k $5.7m $53.3m $128.0m $189.1m $220.9m $244.2m $125.9m $134.8m
Cost of Revenue — $50k $3.7m $47.3m $103.1m $111.0m $132.9m $142.2m $70.2m $66.5m
Gross Profit — ($1.5m) ($1.9m) $6.0m $25.0m $78.2m $88.0m $102.0m $55.7m $68.3m
Operating Expenses $2.2m $4.8m $12.1m $46.9m $95.9m $162.4m $143.9m $137.8m $47.8m $27.6m
Total operating expenses $2.2m $4.8m $12.1m $46.9m $95.9m $162.4m $143.9m $137.8m $47.8m $27.6m
Operating Income (Loss) ($2.2m) ($6.3m) ($14.0m) ($40.8m) ($70.9m) ($84.3m) ($55.9m) ($35.8m) $7.9m $40.8m
Additional Financial Items
Goodwill, Impairment Loss — — — — — $0 $0 — — $0
Amortization of Intangible Assets — — $594k $7.8m $20.3m $20.2m $20.7m $27.4m $11.9m $8.8m
Income (Loss) Attributable to Parent, before Tax — — — — — — $3.5m $18.4m $93.0m $125.4m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — $67.4m $55.6m $7.7m $29.1m
Income (Loss) from Continuing Operations, Per Basic Share — — — — — ($8) ($4) ($2) ($0) $1
Income (Loss) from Continuing Operations, Per Diluted Share ($1) ($0) ($2) ($1) ($2) ($8) ($4) ($2) ($0) $1
Interest Income, Operating — — — — — — — — $3k $335k
Interest Income, Other — — $22k $14k $381k $6k — — — —
Preferred Stock Dividends and Other Adjustments — — $18 — — — — — — —
Preferred Stock Dividends, Income Statement Impact — — — — $16 — — — — —
Selling and marketing — — $1.7m $12.8m $43.6m $82.7m $72.5m $74.2m $12.5m $7.0m
General and administrative $1.8m $4.7m $10.9m $29.5m $36.0m $54.4m $53.5m $44.2m $30.4m $17.1m
Depreciation and amortization — — $65k $4.6m $16.3m $16.3m $17.6m $18.9m $3.7m $3.5m
Impairment of intangible assets — — — — — — — — $1.2m $0
Change in valuation of contingent consideration — — $964k ($1.0m) $496k $34k — ($1.0m) ($313k) $0
Liquidated damages — — ($2.9m) ($729k) ($1.5m) ($2.6m) ($1.1m) ($583k) ($306k) ($305k)
Income (loss) before income taxes — ($6.3m) ($26.2m) ($58.0m) ($89.0m) ($91.6m) ($68.5m) ($55.4m) ($7.4m) $29.1m
Income tax provision — — $92k $19.5m ($211k) $1.7m $1.1m ($222k) ($249k) ($520k)
Income (loss) from continuing operations — — — — — — ($67.4m) ($55.6m) ($7.7m) $28.6m
Income (loss) from discontinued operations, net of tax — — — — — — ($3.5m) ($18.4m) ($93.0m) $96.2m
Basic (in shares) — — — — — $11.4m $17.6m $22.3m $35.4m $47.5m
Diluted (in shares) — 23.4m — — — — $17.6m $22.3m $35.4m $47.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — ($6.3m) ($26.2m) ($58.0m) ($89.0m) ($91.6m) ($68.5m) ($55.4m) ($7.4m) $29.1m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — $67.4m ($55.6m) ($7.7m) $28.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — ($67.4m) ($55.6m) $7.7m $28.6m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — ($3.5m) $18.4m $93.0m $96.2m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — $3.5m — ($93.0m) $96.2m
Investment Income, Net — $411 — — — — — — — —
Net Income (Loss) Attributable to Parent ($2.2m) ($6.3m) ($26.1m) ($38.5m) ($89.2m) ($89.9m) ($70.9m) ($55.6m) ($100.7m) $124.9m
Net Income (Loss) Available to Common Stockholders, Basic ($2.2m) ($6.3m) ($44.1m) ($38.5m) ($104.9m) ($89.9m) ($70.9m) ($55.6m) ($100.7m) $124.9m
Earnings Per Share, Basic — — — — — ($7.87) ($4.02) ($2.49) ($2.85) $2.63
Earnings Per Share, Diluted ($0.65) ($0.42) ($1.69) ($1.04) ($2.28) ($7.87) ($4.02) ($2.49) ($2.85) $2.62
Continuing operations (in dollars per share) — — — — — ($7.87) ($3.82) ($2.49) ($0.22) $0.60
Discontinued operations (in dollars per share) — — — — — — ($0.20) ($0.82) ($2.63) $2.02
Weighted Average Number of Shares Outstanding, Basic — — — — — $11.4m 17.6m 22.3m 35.4m 47.5m
Weighted Average Number of Shares Outstanding, Diluted — 23.4m — — — — $17.6m 22.3m 35.4m 47.7m
Research and Development Expense — $115k $1.2m — — — — — — —
General and Administrative Expense $1.8m $4.7m $10.9m $29.5m $36.0m $54.4m $53.5m $44.2m $30.4m $17.1m
Other Nonoperating Income (Expense) — — — $262 ($279k) — — — — —
Marketing and Advertising Expense — — — — — — — $615k — —
Operating Lease, Expense — — — $1.1m — — — — — —
Selling and Marketing Expense — — $1.7m $12.8m $43.6m $82.7m $72.5m $74.2m $12.5m $7.0m
Interest Expense (non-operating) — — — — — — — — $14.7m —
Interest Expense — — $2.5m $10.5m $16.5m $10.5m $11.4m $18.0m $14.7m $11.4m
Interest Expense, Debt — — — — — — $11.4m $338k — —
Interest expense, net — — — — — ($10.4m) ($11.4m) ($18.0m) ($14.7m) ($11.4m)
Current Income Tax Expense (Benefit) — — — — — — — — — —
Interest Income (Expense), Nonoperating, Net — — — — — — — — — ($11.4m)
Total other expense ($4k) $65k ($12.1m) ($17.2m) ($18.1m) ($7.3m) ($12.6m) ($19.6m) ($15.3m) ($11.7m)
Income Tax Expense (Benefit) — $0 ($92k) ($19.5m) $211k ($1.7m) ($1.1m) $222k $249k $520k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.