- Bright Mountain Media published its annual report on Form 10-K, reporting revenue of USD 59.2 million, up 4%.
- Net loss was USD 13.5 million, while Adjusted EBITDA was USD 3.0 million.
- Cost of revenue rose 8% to USD 43.4 million, and gross margin fell 4% to USD 15.8 million.
- General and administrative expenses declined 23% to USD 16.4 million, driven by lower headcount and lower legal fees tied to the Ladenburg litigation.
- Management said digital publishing revenue fell 14% to USD 1.5 million due to reduced website traffic and customer spending, while advertising technology revenue rose 18% to USD 21.7 million on higher volume and rates from premium publishers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bright Mountain Media Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-121933), on March 24, 2026, and is solely responsible for the information contained therein.