v3.25.4
Segment reporting (Tables)
 12 Months Ended
Dec. 31, 2025
Segment reporting [Abstract]  
Operating financial results of segment
The following table provides the operating financial results of our segment:


   
December 31,
  
(In thousands)
  
2025
    
2024
  
Revenues
  
$
51,480
    
$
43,384
  
                 
Cost of materials sold
    
19,050
      
15,268
  
Compensation costs
    
20,144
      
18,323
  
Professional services
    
3,760
      
3,493
  
Occupancy costs
    
1,458
      
1,477
  
Marketing expenses
    
983
      
1,109
  
IT expenses
    
1,328
      
1,255
  
Severance expense
    
133
      
75
  
Depreciation and amortization
    
672
      
1,037
  
Other segment expenses(1)
    
5,367
      
4,973
  
      52,895       47,010  
Operating loss    
(1,415
)
    
(3,626
)
                 
Interest income
    
537
      
469
  
Interest expense
    
(339
)
    
(322
)
Other income (expense)
    
133
      
(89
)
Income tax expense
    
(156
)
    
(6,295
)
Net loss
  
$
(1,240
)
  
$
(9,863
)



(1)
Other Segment expenses included in Segment net income primarily include other cost of goods sold, other administrative costs and engineering costs.
Reconciliation of net loss to EBITDA and adjusted EBITDA
A reconciliation of net loss to EBITDA and adjusted EBITDA follows:


   
Years Ended December 31,
  
(In thousands)
  
2025
    
2024
  
Net loss
  
$
(1,240
)
  
$
(9,863
)
Interest income, net
    
(198
)
    
(147
)
Income tax expense
    
156
      
6,295
  
Depreciation and amortization
    
672
      
1,037
  
EBITDA
    
(610
)
    
(2,678
)
                 
Share-based compensation
    
1,802
      
1,157
  
                 
Adjusted EBITDA
  
$
1,192
    
$
(1,521
)