| Summary of Reportable Segment Information |
Reportable segment information for the years ended December 31, 2025 and 2024, including significant expenses, are set forth below:
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(in thousands) |
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Software Subscriptions & Services |
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Advertising |
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Corporate |
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Year ended December 31, 2025 |
|
Net revenues |
|
$ |
2,271 |
|
|
$ |
282 |
|
|
$ |
- |
|
|
$ |
2,553 |
|
Cost of revenues |
|
|
1,134 |
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|
|
128 |
|
|
|
- |
|
|
|
1,262 |
|
Gross profit |
|
|
1,137 |
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|
|
154 |
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|
|
- |
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|
|
1,291 |
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Operating expenses: |
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Compensation |
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3,283 |
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|
530 |
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|
1,915 |
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|
|
5,728 |
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Consulting and professional fees |
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|
951 |
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|
- |
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|
|
11,113 |
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|
|
12,064 |
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Facilities and insurance |
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|
48 |
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|
4 |
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|
|
1,718 |
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|
|
1,770 |
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Stock-based compensation |
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|
25 |
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|
16 |
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|
|
352 |
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|
|
393 |
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Other segment expenses(1) |
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|
518 |
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26 |
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|
|
1,311 |
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|
|
1,855 |
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Total operating expenses |
|
|
4,825 |
|
|
|
576 |
|
|
|
16,409 |
|
|
|
21,810 |
|
Operating loss |
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|
(3,688 |
) |
|
|
(422 |
) |
|
|
(16,409 |
) |
|
|
(20,519 |
) |
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Other income, net |
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|
- |
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- |
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|
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9,099 |
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|
9,099 |
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Net loss from continued operations before taxes |
|
$ |
(3,688 |
) |
|
$ |
(422 |
) |
|
$ |
(7,310 |
) |
|
$ |
(11,420 |
) |
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(in thousands) |
|
Software Subscriptions & Services |
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|
Advertising |
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|
General & Administrative |
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Year ended December 31, 2024 |
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Net revenues |
|
$ |
1,907 |
|
|
$ |
1,282 |
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|
$ |
- |
|
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$ |
3,189 |
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Cost of revenues |
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|
1,270 |
|
|
|
465 |
|
|
|
- |
|
|
|
1,735 |
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Gross profit |
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|
637 |
|
|
|
817 |
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|
|
- |
|
|
|
1,454 |
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Operating expenses: |
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Compensation |
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|
2,960 |
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|
|
498 |
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|
|
2,142 |
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|
|
5,600 |
|
Consulting and professional fees |
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|
691 |
|
|
|
- |
|
|
|
4,533 |
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|
|
5,224 |
|
Facilities and insurance |
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|
34 |
|
|
|
5 |
|
|
|
1,642 |
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|
|
1,681 |
|
Stock-based compensation |
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|
135 |
|
|
|
- |
|
|
|
1,342 |
|
|
|
1,477 |
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Other segment expenses(1) |
|
|
539 |
|
|
|
8 |
|
|
|
814 |
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|
|
1,361 |
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Total operating expenses |
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|
4,359 |
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|
|
511 |
|
|
|
10,473 |
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|
|
15,343 |
|
Operating loss |
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|
(3,722 |
) |
|
|
306 |
|
|
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(10,473 |
) |
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|
(13,889 |
) |
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Other income, net |
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|
- |
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- |
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3,614 |
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|
3,614 |
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Net income (loss) from continued operations before taxes |
|
$ |
(3,722 |
) |
|
$ |
306 |
|
|
$ |
(6,859 |
) |
|
$ |
(10,275 |
) |
(1)Other segment expenses represent marketing, information technology related expenses, travel and other general operating expenses.
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