Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.25.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Summary of Reportable Segment Information Reportable segment information is set forth below:

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended March 31, 2025

 

Net revenues

 

$

635

 

 

$

53

 

 

$

-

 

 

$

688

 

Cost of revenues

 

 

302

 

 

 

27

 

 

 

-

 

 

 

329

 

Gross profit

 

 

333

 

 

 

26

 

 

 

-

 

 

 

359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

798

 

 

 

121

 

 

 

587

 

 

 

1,506

 

Consulting and professional fees

 

 

279

 

 

 

-

 

 

 

2,293

 

 

 

2,572

 

Facilities and insurance

 

 

20

 

 

 

1

 

 

 

523

 

 

 

544

 

Stock-based compensation

 

 

-

 

 

 

4

 

 

 

67

 

 

 

71

 

Other segment expenses(1)

 

 

108

 

 

 

6

 

 

 

366

 

 

 

480

 

Total operating expenses

 

 

1,205

 

 

 

132

 

 

 

3,836

 

 

 

5,173

 

Operating loss

 

 

(872

)

 

 

(106

)

 

 

(3,836

)

 

 

(4,814

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

-

 

 

 

-

 

 

 

1,091

 

 

 

1,091

 

Loss before taxes

 

$

(872

)

 

$

(106

)

 

$

(2,745

)

 

$

(3,723

)

 

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended March 31, 2024

 

Net revenues

 

$

454

 

 

$

467

 

 

$

-

 

 

$

921

 

Cost of revenues

 

 

214

 

 

 

183

 

 

 

-

 

 

 

397

 

Gross profit

 

 

240

 

 

 

284

 

 

 

-

 

 

 

524

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

714

 

 

 

115

 

 

 

501

 

 

 

1,330

 

Consulting and professional fees

 

 

3

 

 

 

-

 

 

 

777

 

 

 

780

 

Facilities and insurance

 

 

1

 

 

 

-

 

 

 

424

 

 

 

425

 

Stock-based compensation

 

 

29

 

 

 

-

 

 

 

555

 

 

 

584

 

Impairment of goodwill

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Other segment expenses(1)

 

 

61

 

 

 

4

 

 

 

214

 

 

 

279

 

Total operating expenses

 

 

808

 

 

 

119

 

 

 

2,471

 

 

 

3,398

 

Operating loss

 

 

(568

)

 

 

165

 

 

 

(2,471

)

 

 

(2,874

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

-

 

 

 

-

 

 

 

582

 

 

 

582

 

Income (loss) before taxes

 

$

(568

)

 

$

165

 

 

$

(1,889

)

 

$

(2,292

)

(1)
Other segment expenses represent marketing, information technology related expenses, travel and other general operating expenses.