0001493152-22-012088 | 10-Q | XBRL Viewer

AREN_CostsChargedToOperations

$ 430,000

AREN_CostsChargedToOperations

71,000

AREN_CostsChargedToOperations

6,246,000

AREN_CostsChargedToOperations

105,000

AREN_CostsChargedToOperations

515,000

AREN_CostsChargedToOperations

7,367,000

AREN_CostsChargedToOperations

27,000

AREN_CostsChargedToOperations

249,000

AREN_CostsChargedToOperations

4,390,000

AREN_CostsChargedToOperations

77,000

AREN_CostsChargedToOperations

356,000

Liquidating damages payable, net of current portion

AREN_CostsChargedToOperations

5,099,000

AREN_LiquidatingDamagesPayableNonCurrent

Liquidating damages payable, net of current portion

AREN_LiquidatingDamagesPayableNonCurrent

$ 7,008,000

Total Outstanding and Exercisable Financing Warrants (Shares)

AREN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable

68,182

Total Outstanding and Exercisable Financing Warrants (Shares)

AREN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable

39,773

Total Outstanding and Exercisable Financing Warrants (Shares)

AREN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable

5,435

Total Outstanding and Exercisable Financing Warrants (Shares)

AREN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable

2,728

Total Outstanding and Exercisable Financing Warrants (Shares)

AREN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentExercisable

116,118

Capitalized contract cost amortization description

AREN_CapitalizedContractCostAmortizationDescription

one year period, or through March 31, 2023

Capitalized contract cost amortization description

AREN_CapitalizedContractCostAmortizationDescription

one year period ending March 31, 2023

Royalty fees

AREN_RoyaltyFeescurrent

$ 7,500,000

Royalty fees

AREN_RoyaltyFeescurrent

11,250,000

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

323,000

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

323,000

Gain upon issuance of common stock in connection with settlement of liquidated damages

AREN_AdjustmentsToAdditionalPaidInCapitalGainUponIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

323,000

Issuance of common stock in connection with settlement of liquidated damages

AREN_StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

Issuance of common stock in connection with settlement of liquidated damages

AREN_StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

Issuance of common stock in connection with settlement of liquidated damages

AREN_StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

5,000

Issuance of common stock in connection with settlement of liquidated damages

AREN_StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

6,680,000

Issuance of common stock in connection with settlement of liquidated damages

AREN_StockIssuedDuringPeriodValueIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

$ 6,685,000

Issuance of common stock in connection with settlement of liquidated damages, shares

AREN_StockIssuedDuringPeriodSharesIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamagesShares

Issuance of common stock in connection with settlement of liquidated damages, shares

AREN_StockIssuedDuringPeriodSharesIssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamagesShares

505,671

Liquidated damages payable

AREN_LiquidatedDamagesPayableCurrent

$ 5,369,000

Liquidated damages payable

AREN_LiquidatedDamagesPayableCurrent

5,197,000

Reclassification of stock-based compensation to platform development

AREN_ReclassificationOfStockBasedCompensationToPlatformDevelopment

687,000

Reclassification of stock-based compensation to platform development

AREN_ReclassificationOfStockBasedCompensationToPlatformDevelopment

309,000

Paid post-closing

AREN_PaymentsToAcquireBusinessPostClosing

3,200,000

Consulting fees

AREN_ConsultingFess

165,000

Consulting fees

AREN_ConsultingFess

52,000

Common stock to be issued

AREN_CommonStockToBeIssuedDuringPeriod

Common stock to be issued

AREN_CommonStockToBeIssuedDuringPeriod

Offering costs included in accrued expenses and other

AREN_OfferingCostsIncludedInAccruedExpensesAndOther

Offering costs included in accrued expenses and other

AREN_OfferingCostsIncludedInAccruedExpensesAndOther

1,568,000

IssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

AREN_IssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

IssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

AREN_IssuanceOfCommonStockInConnectionWithSettlementOfLiquidatedDamages

7,008,000

Total operating lease costs (1)

AREN_OperatingLeaseCostGross

234,000

^[1]

Total operating lease costs (1)

AREN_OperatingLeaseCostGross

$ 2,736,000

^[1]

Issuance of common stock

AREN_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValueShares

314,103

Temporary equity, common shares issuable upon conversion

AREN_TemporaryEquityCommonSharesIssuableUponConversion

8,582

Temporary equity, common shares issuable upon conversion

AREN_TemporaryEquityCommonSharesIssuableUponConversion

8,582

Temporary equity, common shares issuable upon conversion

AREN_TemporaryEquityCommonSharesIssuableUponConversion

2,004,971

Temporary equity, common shares issuable upon conversion

AREN_TemporaryEquityCommonSharesIssuableUponConversion

2,075,200

IncreaseDecreaseInRoyaltyFees

AREN_IncreaseDecreaseInRoyaltyFees

$ 3,750,000

IncreaseDecreaseInRoyaltyFees

AREN_IncreaseDecreaseInRoyaltyFees

3,750,000

IssuanceOfCommonStockUponConversionOfSeriesHPreferredStock

AREN_IssuanceOfCommonStockUponConversionOfSeriesHPreferredStock

IssuanceOfCommonStockUponConversionOfSeriesHPreferredStock

AREN_IssuanceOfCommonStockUponConversionOfSeriesHPreferredStock

$ 511,000

Purchase price per share

AREN_PurchasePricePerShare

$ 88.00

Common stock withheld for taxes upon issuance of underlying shares for restricted stock units

AREN_StockIssuedDuringPeriodValueCommonStockWithheldForTaxesUponIssuanceOfUnderlyingSharesForRestrictedStockUnits

Common stock withheld for taxes upon issuance of underlying shares for restricted stock units

AREN_StockIssuedDuringPeriodValueCommonStockWithheldForTaxesUponIssuanceOfUnderlyingSharesForRestrictedStockUnits

Common stock withheld for taxes upon issuance of underlying shares for restricted stock units

AREN_StockIssuedDuringPeriodValueCommonStockWithheldForTaxesUponIssuanceOfUnderlyingSharesForRestrictedStockUnits

(1,000)

Common stock withheld for taxes upon issuance of underlying shares for restricted stock units

AREN_StockIssuedDuringPeriodValueCommonStockWithheldForTaxesUponIssuanceOfUnderlyingSharesForRestrictedStockUnits

(555,000)

Common stock withheld for taxes upon issuance of underlying shares for restricted stock units

AREN_StockIssuedDuringPeriodValueCommonStockWithheldForTaxesUponIssuanceOfUnderlyingSharesForRestrictedStockUnits

$ (556,000)

Reverse Stock Split

AREN_ReverseStockSplitPolicyTextBlock

Reverse Stock Split

The accompanying condensed consolidated financial statements and notes to the condensed consolidated financial statements give effect to the reverse stock split for all periods presented that was effective on February 9, 2022. The shares of common stock retained a par value of $0.01 per share. Accordingly, stockholders’ deficiency reflects the reverse stock split by reclassifying from “common stock” to “additional paid-in capital” in an amount equal to the par value of the decreased shares resulting from the reverse stock split. Any fractional shares that would otherwise be issued as a result of the reverse stock split were rounded up to the nearest whole share.

Platform development, net

AREN_PlatformDevelopmentNet

$ 10,013,000

Platform development, net

AREN_PlatformDevelopmentNet

9,299,000

AREN_PublicInformationFailureDamages

^[2]

AREN_PublicInformationFailureDamages

^[2]

AREN_PublicInformationFailureDamages

625,000

AREN_PublicInformationFailureDamages

704,000

AREN_PublicInformationFailureDamages

932,000

AREN_PublicInformationFailureDamages

379,000

AREN_PublicInformationFailureDamages

2,640,000

AREN_PublicInformationFailureDamages

1,172,000

AREN_PublicInformationFailureDamages

873,000

AREN_PublicInformationFailureDamages

1,386,000

AREN_PublicInformationFailureDamages

1,560,000

AREN_PublicInformationFailureDamages

722,000

PaymentsForCapitalizedPlatformDevelopment

AREN_PublicInformationFailureDamages

5,713,000

AREN_PaymentsForCapitalizedPlatformDevelopment

1,582,000

PaymentsForCapitalizedPlatformDevelopment

AREN_PaymentsForCapitalizedPlatformDevelopment

868,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

15,000

^[2]

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

1,700,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

920,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

2,220,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

514,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

5,369,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

15,000

^[2]

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

3,128,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

1,115,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

3,385,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

3,610,000

AREN_LiquidatedDamagesPayableCurrentAndNonCurrent

952,000