v3.26.1
SEGMENTS
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENTS

NOTE 15 – SEGMENTS

 

The Company’s portfolio of brands within continuing operations are managed as asingle operating segment on a consolidated basis. Our CODM is our Chief Executive Officer. The CODM uses net income or loss to determine segment profitability in order to assess performance and allocate resources.

 

 

Relevant segment data for the three months ended March 31, 2026 and 2025 is as follows:

 

       
   Three Months Ended March 31, 
   2026   2025 
Telehealth revenue, net  $50,162,956   $50,887,899 
Significant Segment Expenses:          
Cost of telehealth revenue   5,925,499    8,136,462 
Selling and marketing expenses   29,874,860    22,272,925 
Payroll expenses   9,300,152    8,218,051 
Merchant processing fees   2,064,814    2,011,449 
Other general and administrative expenses   8,471,858    7,190,794 
Other segment items(1)   3,454,845    4,239,936 
Segment operating loss   (8,929,072)   (1,181,717)
Interest income (expense), net   56,476    (463,638)
Loss from continuing operations before income taxes   (8,872,596)   (1,645,355)
Income tax provision   -    - 
Net loss from continuing operations  $(8,872,596)  $(1,645,355)

 

(1) Other segment items include stock-based compensation and depreciation and amortization.

 

Total expenditures for purchases of capitalized software and equipment, which are reported on the Company’s unaudited consolidated statements of cash flows totaled $2.0 million during both the three months ended March 31, 2026 and 2025.