That's pretty much it - though it's been able to target other platforms since long before the "Animate" name change. I believe it still has a small-but-significant market share in the animation industry (mostly TV stuff) (hence the name!), but there's waning support for anything else.
That said, Ruffle ( https://ruffle.rs/ ) is keeping flash alive on the web, preserving the legacy of flash and enabling people to make new things like this! Newgrounds hosts a contest every year since the "death of flash" to see who can make the best new thing, (that's what this was made for, actually): https://www.newgrounds.com/bbs/topic/1523958
That said, Ruffle ( https://ruffle.rs/ ) is keeping flash alive on the web, preserving the legacy of flash and enabling people to make new things like this! Newgrounds hosts a contest every year since the "death of flash" to see who can make the best new thing, (that's what this was made for, actually): https://www.newgrounds.com/bbs/topic/1523958