v3.25.1
Note 14 - Segment Information
 3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

14. Segment Information

 

The Company operates in the following segments: (i) TalentAlly Network, which maintains and operates job board software and hosts career fairs, (ii) NAPW Network, a professional networking organization that addresses personal and professional development opportunities for women, (iii) RemoteMore (beginning in fiscal 2021) which provides companies with talented engineers to provide solutions to their software needs and (iv) Corporate Overhead. 

 

The Company's CEO and CFO comprise the executive committee. The responsibility of the executive committee is to collectively assess performance and make resource allocation decisions related to the entity’s operating segments. The CEO operates more as a strategic decision maker for the organization as a whole. The executive committee is the CODM because the committee is the highest level of management that performs these functions.

 

The following tables present key financial information related of the Company’s reportable segments related to financial position as of March 31, 2025 and  December 31, 2023 and results of operations for the three months ended March 31, 2025 and 2024:

 

  

Three Months Ended March 31, 2025

 
  

TalentAlly

  

NAPW

      

Corporate

     
  

Network

  

Network

  

RemoteMore

  

Overhead

  

Consolidated

 

Membership fees and related services

 $-  $95,630  $-  $-  $95,630 

Recruitment services

  916,334   -   -   -   916,334 

Contracted software development

  -   -   487,507   -   487,507 

Consumer advertising and marketing solutions

  5,115   -   -   -   5,115 

Total revenues

  921,449   95,630   487,507   -   1,504,586 

Income (loss) from continuing operations

  (59,468)  (23,685)  (87,763)  (534,425)  (705,341)

Depreciation and amortization

  39,658   117   1,182   -   40,957 

Income tax expense

  -   -   -   -   - 

Net loss from continuing operations

  (98,655)  (23,684)  (84,326)  (534,425)  (741,090)

 

  

As of March 31, 2025

 

Goodwill

 $465,752  $-  $952,001  $-  $1,417,753 

Intangibles assets, net

  126,400   -   -   -   126,400 

Assets from continuing operations, net of intercompany eliminations

  8,595,408   37,901   (894,526)  -   7,738,783 

 

  

Three Months Ended March 31, 2024

 
  

TalentAlly

  

NAPW

      

Corporate

     
  

Network

  

Network

  

RemoteMore

  

Overhead

  

Consolidated

 

Membership fees and related services

 $-  $127,346  $-  $-  $127,346 

Recruitment services

  1,103,771   -   -   -   1,103,771 

Contracted software development

  -   -   484,961   -   484,961 

Consumer advertising and marketing solutions

  10,764   -   -   -   10,764 

Total revenues

  1,114,535   127,346   484,961   -   1,726,842 

Income (loss) from continuing operations

  (197,454)  (51,008)  (53,527)  (500,937)  (802,926)

Depreciation and amortization

  33,813   18,241   347   -   52,401 

Income tax expense (benefit)

  1,640   -   850   -   2,490 

Net income (loss) from continuing operations

  (198,202)  (52,058)  (55,955)  (500,937)  (807,152)

 

  

As of December 31, 2024

 

Goodwill

 $465,752  $-  $952,001  $-  $1,417,753 

Intangibles assets, net

  134,733   -   -   -   134,733 

Assets from continuing operations, net of intercompany eliminations

  8,793,043   30,342   (841,584)  -   7,981,801