URBAN ONE, INC. files 10-K

Urban One's net revenue decreased by 16.7% in 2025 compared to 2024, largely due to declines in radio advertising and political advertising revenue. The company incurred a significant net loss of $146.9 million, impacted by substantial impairment charges on goodwill and intangible assets totaling $191.8 million. Urban One completed a debt refinancing in December 2025 and a 1-for-10 reverse stock split in January 2026 to address Nasdaq listing requirements.