Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Summary of Reportable Segment Information

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended June 30, 2026

 

Net revenue

 

$

747

 

 

$

52

 

 

$

-

 

 

$

799

 

Cost of revenue

 

 

235

 

 

 

13

 

 

 

-

 

 

 

248

 

Gross profit

 

 

512

 

 

 

39

 

 

 

-

 

 

 

551

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

728

 

 

 

81

 

 

 

532

 

 

 

1,341

 

Consulting and professional fees

 

 

1,133

 

 

 

-

 

 

 

2,327

 

 

 

3,460

 

Facilities and insurance

 

 

9

 

 

 

1

 

 

 

393

 

 

 

403

 

Stock-based compensation

 

 

6

 

 

 

2

 

 

 

500

 

 

 

508

 

Other segment expenses(1)

 

 

514

 

 

 

2

 

 

 

372

 

 

 

888

 

Total operating expenses

 

 

2,390

 

 

 

86

 

 

 

4,124

 

 

 

6,600

 

Operating loss

 

 

(1,878

)

 

 

(47

)

 

 

(4,124

)

 

 

(6,049

)

Other income

 

 

-

 

 

 

-

 

 

 

800

 

 

 

800

 

Loss before taxes

 

$

(1,878

)

 

$

(47

)

 

$

(3,324

)

 

$

(5,249

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Six months ended June 30, 2026

 

Net revenue

 

$

1,270

 

 

$

71

 

 

$

-

 

 

$

1,341

 

Cost of revenue

 

 

381

 

 

 

25

 

 

 

-

 

 

 

406

 

Gross profit

 

 

889

 

 

 

46

 

 

 

-

 

 

 

935

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

1,483

 

 

 

164

 

 

 

920

 

 

 

2,567

 

Consulting and professional fees

 

 

1,504

 

 

 

1

 

 

 

4,220

 

 

 

5,725

 

Facilities and insurance

 

 

16

 

 

 

2

 

 

 

797

 

 

 

815

 

Stock-based compensation

 

 

21

 

 

 

4

 

 

 

578

 

 

 

603

 

Other segment expenses(1)

 

 

711

 

 

 

3

 

 

 

582

 

 

 

1,296

 

Total operating expenses

 

 

3,735

 

 

 

174

 

 

 

7,097

 

 

 

11,006

 

Operating loss

 

 

(2,846

)

 

 

(128

)

 

 

(7,097

)

 

 

(10,071

)

Other income

 

 

-

 

 

 

-

 

 

 

1,628

 

 

 

1,628

 

Loss before taxes

 

$

(2,846

)

 

$

(128

)

 

$

(5,469

)

 

$

(8,443

)

 

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Three months ended June 30, 2025

 

Net revenue

 

$

433

 

 

$

22

 

 

$

-

 

 

$

455

 

Cost of revenue

 

 

243

 

 

 

22

 

 

 

-

 

 

 

265

 

Gross profit

 

 

190

 

 

 

-

 

 

 

-

 

 

 

190

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

685

 

 

 

118

 

 

 

558

 

 

 

1,361

 

Consulting and professional fees

 

 

322

 

 

 

-

 

 

 

1,645

 

 

 

1,967

 

Facilities and insurance

 

 

12

 

 

 

1

 

 

 

403

 

 

 

416

 

Stock-based compensation

 

 

10

 

 

 

4

 

 

 

89

 

 

 

103

 

Other segment expenses(1)

 

 

127

 

 

 

11

 

 

 

465

 

 

 

603

 

Total operating expenses

 

 

1,156

 

 

 

134

 

 

 

3,160

 

 

 

4,450

 

Operating loss

 

 

(966

)

 

 

(134

)

 

 

(3,160

)

 

 

(4,260

)

Other income

 

 

-

 

 

 

-

 

 

 

1,116

 

 

 

1,116

 

Loss before taxes

 

$

(966

)

 

$

(134

)

 

$

(2,044

)

 

$

(3,144

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Software Subscriptions & Services

 

 

Advertising

 

 

Corporate

 

 

Six months ended June 30, 2025

 

Net revenue

 

$

1,068

 

 

$

75

 

 

$

-

 

 

$

1,143

 

Cost of revenue

 

 

545

 

 

 

49

 

 

 

-

 

 

 

594

 

Gross profit

 

 

523

 

 

 

26

 

 

 

-

 

 

 

549

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation

 

 

1,483

 

 

 

239

 

 

 

990

 

 

 

2,712

 

Consulting and professional fees

 

 

601

 

 

 

-

 

 

 

4,093

 

 

 

4,694

 

Facilities and insurance

 

 

32

 

 

 

2

 

 

 

926

 

 

 

960

 

Stock-based compensation

 

 

10

 

 

 

8

 

 

 

156

 

 

 

174

 

Other segment expenses(1)

 

 

235

 

 

 

17

 

 

 

831

 

 

 

1,083

 

Total operating expenses

 

 

2,361

 

 

 

266

 

 

 

6,996

 

 

 

9,623

 

Operating loss

 

 

(1,838

)

 

 

(240

)

 

 

(6,996

)

 

 

(9,074

)

Other income

 

 

-

 

 

 

-

 

 

 

2,207

 

 

 

2,207

 

Loss before taxes

 

$

(1,838

)

 

$

(240

)

 

$

(4,789

)

 

$

(6,867

)

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