MNTN — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-10

• our performance because they assist us in comparing the operating performance of our business on a consistent basis between periods, as described above.

• Revenue increased $14.1 million, or 20.6%, to $82.5 million for the three months ended June 30, 2026, compared to $68.5 million for the three months ended June 30, 2025. The increase was due primarily to an increase of $14.2 million in revenue generated from PTV. Active PTV customers increased 24% b…

• Cost of revenues increased $0.3 million, or 2.2%, to $16.2 million for the three months ended June 30, 2026, compared to $15.9 million for the three months ended June 30, 2025. The increase was primarily due to a $1.2 million increase in amortization for internal use software during the period due t…

• Sales and marketing expense increased $4.2 million, or 17.5%, to $28.6 million for the three months ended June 30, 2026, compared to $24.3 million for the three months ended June 30, 2025. This was primarily due to an increase in stock-based compensation of $3.4 million driven by a marketing service…

• General and administrative expense increased $0.5 million, or 3.5%, to $13.6 million for the three months ended June 30, 2026, compared to $13.1 million for the three months ended June 30, 2025. The increase was primarily driven by increases of $1.0 million in legal fees, $0.9 million in payroll and…

Text removed vs the prior filing · source: 10-Q · 2026-05-11

• Revenue increased $9.2 million, or 14.2%, to $73.7 million for the three months ended March 31, 2026, compared to $64.5 million for the three months ended March 31, 2025. The increase was due primarily to an increase of $15.0 million in revenue generated from PTV, driven by a 26% increase in active …

• Cost of revenues decreased $6.2 million, or 31.2%, to $13.7 million for the three months ended March 31, 2026, compared to $19.8 million for the three months ended March 31, 2025. The decrease was primarily due to a $3.1 million decrease in creative personnel costs as a result of the divestiture of …

• Sales and marketing expense increased $2.0 million, or 9.4%, to $23.7 million for the three months ended March 31, 2026, compared to $21.7 million for the three months ended March 31, 2025. This was primarily due to a planned increase in third party marketing spend of $1.9 million in order to drive …

• the increase was a decrease in personnel costs of $1.0 million driven by a decrease in average headcount of 7% period over period and a decline in sponsorships of $0.5 million.

• General and administrative expense decreased $9.0 million, or 43.9%, to $11.5 million for the three months ended March 31, 2026, compared to $20.5 million for the three months ended March 31, 2025. The decrease was primarily driven by a $9.8 million decrease in stock based compensation due to the fu…

Text added vs the prior filing · source: 10-Q · 2026-08-10

• Additionally, within our broader expansion plans, we may from time to time reduce our headcount based on operational objectives; for example, in April 2026, we approved a strategic restructuring plan designed to improve operational efficiencies and better position the Company for long-term sustainab…

• addition, new demands from customers, superior offerings by competitors, changes in technology, new industry standards or regulatory requirements could render our platform less effective and require us to make unanticipated changes to our platform or business model. These factors place significant d…

• We depend upon the sustained and uninterrupted performance of our platform to operate our business. Software bugs, faulty algorithms, technical or infrastructure problems, or system updates could lead to an inability to process data to place ads or price inventory effectively, or cause ads to displa…

• practices, including providing consumers with notice of the types of data we collect, the method of collection, and how we use and share that data to provide our services.

• Failure to comply with data privacy and protection laws and regulations outside the United States that are found to apply to our business may result in regulatory investigations, significant penalties (up to the greater of €20 million for the EU GDPR

Text removed vs the prior filing · source: 10-Q · 2026-05-11

• new platform and technology updates will succeed in attracting and retaining customers, and our product development and innovation efforts may be inefficient or ineffective.

• We depend upon the sustained and uninterrupted performance of our platform to operate our business. Software bugs, faulty algorithms, technical or infrastructure problems, or system updates could lead to an inability to process data to place ads or price inventory effectively, or cause ads to displa…

• platform, even if caused by the implementation of changes by customers or partners to their systems, could also result in negative publicity, damage to our reputation, loss of or delay in market acceptance of our platform, increased costs or loss of revenue, or loss of competitive position. In such …

• Failure to comply with data privacy and protection laws and regulations outside the United States that are found to apply to our business may result in regulatory investigations, significant penalties (up to the greater of €20 million for the EU GDPR or £17.5 million for the UK GDPR, or up to 4% of …

• Further, regulators in certain countries outside the United States are increasingly focusing on compliance with requirements in the online behavioral advertising ecosystem alongside organizations’ use of cookies, pixels and similar targeting technologies. The GDPR and national EU and UK laws which t…