Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Summary of Reportable Segment Information

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended March 31, 2026

 

Net revenue

 

$

523

 

 

$

19

 

 

$

-

 

 

$

542

 

Cost of revenue

 

 

146

 

 

 

12

 

 

 

-

 

 

 

158

 

Gross profit

 

 

377

 

 

 

7

 

 

 

-

 

 

 

384

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

755

 

 

 

83

 

 

 

388

 

 

 

1,226

 

Consulting and professional fees

 

 

371

 

 

 

1

 

 

 

1,893

 

 

 

2,265

 

Facilities and insurance

 

 

7

 

 

 

1

 

 

 

404

 

 

 

412

 

Stock-based compensation

 

 

15

 

 

 

2

 

 

 

78

 

 

 

95

 

Other segment expenses(1)

 

 

197

 

 

 

1

 

 

 

210

 

 

 

408

 

Total operating expenses

 

 

1,345

 

 

 

88

 

 

 

2,973

 

 

 

4,406

 

Operating loss

 

 

(968

)

 

 

(81

)

 

 

(2,973

)

 

 

(4,022

)

Other income

 

 

-

 

 

 

-

 

 

 

828

 

 

 

828

 

Loss before taxes

 

$

(968

)

 

$

(81

)

 

$

(2,145

)

 

$

(3,194

)

 

 

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended March 31, 2025

 

Net revenue

 

$

635

 

 

$

53

 

 

$

-

 

 

$

688

 

Cost of revenue

 

 

302

 

 

 

27

 

 

 

-

 

 

 

329

 

Gross profit

 

 

333

 

 

 

26

 

 

 

-

 

 

 

359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

798

 

 

 

121

 

 

 

432

 

 

 

1,351

 

Consulting and professional fees

 

 

279

 

 

 

-

 

 

 

2,448

 

 

 

2,727

 

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

)

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