Goodwill Impairment (new) — $19.2M goodwill write-down to zero in Q4 2025 driven by lower-than-expected radio ad revenue growth.
Asset Impairment (new) — $1.2M broadcast license impairment for Ithaca, NY market reflects deteriorating local conditions.
Material Weakness (improved) — Broadcast and digital revenue reconciliation control deficiencies disclosed in 2024 have been remediated.

NASDAQ: SGA SAGA COMMUNICATIONS INC 10-K

Saga swings to $7.9M loss on $20M impairment; digital grows but radio revenue falls 5%

Filed April 14, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 31, 2025 · ~1 min read

5 material changes detected in this filing.

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Generated by AI · Jun 3, 2026 6:15 PM