v3.26.1
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
SEGMENT INFORMATION  
Schedule of reporting segment

Segment information for prior periods has been recast to conform to the current year reportable segment structure. There were no intercompany transactions between the Company’s reportable segments during the years presented. Reportable segment information is presented below (in thousands):

Year ended December 31, 2025

Med Device

Clinic Service

Total

Revenue

$

62,180

$

86,977

$

149,157

Cost of revenues

16,464

60,385

76,849

Segment gross profit

$

45,716

$

26,592

$

72,308

Significant Segment Expense

Selling, General and Administrative

Direct

$

36,120

$

29,528

$

65,648

Research and development

Direct

6,353

231

6,584

Segment profit/(loss)

$

3,243

$

(3,167)

$

76

Unallocated expenses

General and Administrative

$

31,512

Other income, net

(716)

Interest expense

8,415

Net loss

$

(39,135)

Year ended December 31, 2024

Med Device

Clinic Service

Total

Revenue

$

70,445

$

4,445

$

74,890

Cost of revenues

17,516

3,213

20,729

Segment gross profit

$

52,929

$

1,232

$

54,161

Significant Segment Expense

Selling, General and Administrative

Direct

$

44,777

$

854

$

45,631

Research and development

Direct

12,758

13

12,771

Segment profit/(loss)

$

(4,606)

$

365

$

(4,241)

Unallocated expenses

General and Administrative

$

30,322

Other income, net

(2,549)

Interest expense

7,286

Loss on extinguishment of debt

4,427

Net loss

$

(43,727)

Year ended December 31, 2023

Med Device

Clinic Service

Total

Revenue

$

71,348

$

$

71,348

Cost of revenues

19,643

19,643

Segment gross profit

$

51,705

$

$

51,705

Significant Segment Expense

Sales and marketing

Direct

$

47,318

$

$

47,318

Research and development

Direct

9,515

9,515

Segment loss

$

(5,128)

$

$

(5,128)

Unallocated expenses

General and administrative

25,426

Other income, net

$

(5,789)

Interest expense

5,424

Net loss

$

(30,189)