Quarterly report [Sections 13 or 15(d)]

SEGMENTS (Tables)

v3.25.1
SEGMENTS (Tables)
 3 Months Ended
Mar. 31, 2025
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 Three Months  
    Ended March 31,  
    2025     2024  
             
Revenue, net:   $ 11,515     $ 10,178  
Less:                
Cost of revenue:                
Fixed     1,690       1,580  
Variable     2,455       2,287  
Operating and other expenses:                
Sales and marketing     2,814       2,821  
Research and development     177       137  
General and administrative     2,550       2,239  
Interest & other expense, net     57       298  
Provision for income taxes     18       4  
Segment net income     1,754       812  
Reconciliation of profit or loss:                
Loss on discontinued operations     (107 )     (104 )
Consolidated net income   $ 1,647     $ 708  
SCHEDULE OF RECONCILIATION OF ADJUSTED EBITDA
             
    Three Months Ended  
    March 31,  
    2025     2024  
Income from continuing operations (GAAP Basis)   $ 1,754     $ 812  
Depreciation and amortization     95       52  
Stock-based compensation     15       79  
Severance expense     168       -  
Taxes expense     18       4  
Interest accretion expense     -     19  
Note payable interest     78       197  
Interest income     (7 )     (16 )
Change in fair value of note payable     (25 )     98  
Adjusted EBITDA   $ 2,096     $ 1,245