v3.25.1
Segment information (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Summary of Reported Segment Revenue, Segment Net Income, and Significant Segment Expences

Information about reported segment revenue, segment net income, and significant segment expenses is shown as follows:

 

 

 

Three Months Ended March 31,

 

(Dollars in thousands)

 

2025

 

 

2024

 

Revenue

 

$

22,003

 

 

$

17,511

 

Less:

 

 

 

 

 

 

Cost of revenue (exclusive of depreciation and amortization)

 

 

3,661

 

 

 

3,756

 

Personnel-related expenses

 

 

7,693

 

 

 

5,789

 

Advertising, marketing and agency expenses

 

 

224

 

 

 

159

 

Provision for bad debts

 

 

62

 

 

 

70

 

Share-based compensation expense

 

 

1,596

 

 

 

1,402

 

Occupancy expenses

 

 

306

 

 

 

306

 

Professional fees

 

 

1,051

 

 

 

1,198

 

Other segment items(1)

 

 

649

 

 

 

578

 

Depreciation and amortization

 

 

2,550

 

 

 

2,270

 

Interest income

 

 

(308

)

 

 

(365

)

Income tax expense

 

 

1,079

 

 

 

564

 

Segment net income

 

$

3,440

 

 

$

1,784

 

Consolidated net income

 

$

3,440

 

 

$

1,784

 

 

(1) Other segment items included in segment net income includes primarily travel and entertainments, acquisition costs, write-off of long-lived assets, and other selling, general and administrative expenses.