v3.25.2
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

13. SEGMENT REPORTING

 

The Company currently operates two reportable segments, MARKET.live and Go Fund Yourself. The Company also operates a third business unit, currently operating in stealth mode, which for the three and six months ending June 30, 2025, the Company does not deem to be a reportable segment.

 

The following tables summarize the Company’s reportable segment information and unallocated corporate expenses:

 

   MARKET.live   Go Fund Yourself   Corporate   Consolidated   MARKET.live   Go Fund Yourself   Corporate   Consolidated 
   3 months ended June 30, 2025   3 months ended June 30, 2024 
   Reportable Segments           Reportable Segments         
   MARKET.live   Go Fund Yourself   Corporate   Consolidated   MARKET.live   Go Fund Yourself   Corporate   Consolidated 
                                 
Revenues  $688   $1,435   $-   $2,123   $37   $-   $-   $37 
                                         
Costs and expenses:                                        
Cost of revenue, exclusive of depreciation and amortization shown separately below   281    330    -    611    31    -    -    31 
Depreciation and amortization   300    17    19    336    250    -    19    269 
General and administrative   712    820    2,578    4,110    998    18    1,126    2,142 
                                         
Total costs and expenses   1,293    1,167    2,597    5,057    1,279    18    1,147    2,442 
Operating income (loss)  $(605)  $268   $(2,597)  $(2,934)  $(1,242)  $(18)  $(1,147)  $(2,405)

 

 

   MARKET.live   Go Fund Yourself   Corporate   Consolidated   MARKET.live   Go Fund Yourself   Corporate   Consolidated 
   6 months ended June 30, 2025   6 months ended June 30, 2024 
   Reportable Segments           Reportable Segments         
   MARKET.live   Go Fund Yourself   Corporate   Consolidated   MARKET.live   Go Fund Yourself   Corporate   Consolidated 
                                 
Revenues  $1,250   $2,178   $-   $3,428   $44   $-   $-   $44 
                                         
Costs and expenses:                                        
Cost of revenue, exclusive of depreciation and amortization shown separately below   456    502    -    958    36    -    -    36 
Depreciation and amortization   550    33    39    622    500    -    25    525 
General and administrative   1,466    1,073    4,902    7,441    2,018    18    3,069    5,105 
                                         
Total costs and expenses   2,472    1,608    4,941    9,021    2,554    18    3,094    5,666 
Operating income (loss)  $(1,222)  $570   $(4,941)  $(5,593)  $(2,510)  $(18)  $(3,094)  $(5,622)

 

Total assets by reportable segment as of June 30, 2025 is as follows:

 

   Corporate   Go Fund Yourself   MARKET.Live   Consolidated 
                 
ASSETS                    
                     
Current assets:                    
Cash  $4,256   $15   $79   $4,350 
Restricted cash   883    -    -    883 
Accounts receivable   9    323    284    616 
ERC Receivable - short-term   734    -    -    734 
Short-term investments - trading   5,125    -    -    5,125 
Prepaid expenses and other current assets   132    23    36    191 
Total current assets   11,139    361    399    11,899 
                     
Capitalized software development costs   -    -    2,585    2,585 
Property and equipment, net   64    272    6    342 
Operating lease right-of-use assets   -    159    114    273 
Intangible assets, net   159    10    892    1,061 
Goodwill   -    -    5,165    5,165 
Convertible notes receivable   -    1,505    -    1,505 
Investment in equity securities   -    563    -    563 
Other non-current assets   250    7    9    266 
                     
Total assets  $11,612   $2,877   $9,170   $23,659