Annual report [Section 13 and 15(d), not S-K Item 405]

Segments (Tables)

v3.25.1
Segments (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliation of Profit (Loss) from Segments to Consolidated

The following table presents reportable segment profit and loss, including significant expense categories, attributable to the Company’s reportable segment for the periods presented:

 

Schedule of Reconciliation of Profit (Loss) from Segments to Consolidated

         
    For The Years  
    Ended December 31,  
    2024     2023  
          (as restated)  
             
Revenue, net:   $ 46,926     $ 40,036  
Less:                
Cost of revenue:                
Fixed     6,790       5,763  
Variable     10,211       9,217  
Sales and marketing     11,655       10,233  
Research and development     676       636  
General and administrative     9,486       9,363  
Other operating expenses     -       868  
Interest & other expense, net     1,158       1,675  
Provision for income taxes     4       17  
Segment net income     6,946       2,264  
Reconciliation of profit or loss:                
Loss on discontinued operations     (244 )     (310 )
Consolidated net income   $ 6,702     $ 1,954  
Schedule of Reconciliation of Adjusted EBITDA

         
    Years Ended  
    December 31,  
    2024     2023  
          (as restated)  
             
Income from continuing operations (GAAP Basis)   $ 6,946     $ 2,264  
Depreciation and amortization     300       1,026  
Stock-based compensation     291       630  
Tax expense     4       17  
Interest accretion expense     34       112  
Financing interest and related costs     625       896  
Interest income     (48 )     (53 )
Change in fair value of note payable     547       678  
Change in fair value of contingent consideration     -       7  
Adjusted EBITDA   $ 8,699     $ 5,577