v3.26.1
Segment Reporting
3 Months Ended
Mar. 31, 2026
Segment Reporting  
Segment Reporting

16. Segment Reporting

The Company has determined that it operates and is managed as one operating segment on a consolidated basis and its Chief Executive Officer is the CODM (see Part II, Item 8 of our 2025 Form 10-K). The Company’s CODM is regularly provided with research and development expenses, sales and marketing expenses, general and administrative expenses and total assets. The Company’s segment performance measure is net income (loss), which is used by our CODM when assessing performance and allocating capital and resources to our business.

The CODM uses total revenues and operating results, predominantly in the strategic plan, annual operating plan and quarterly forecast review processes. During these processes, the CODM considers budget-to-actual variances to evaluate both internal (e.g., changes in selling prices, strategic growth investments, productivity, business mix, newly acquired/divested businesses, etc.) and external (e.g., inflation, foreign currency, etc.) events and conditions.

The following table includes additional information about reported segment revenue, significant segment expenses and segment measure of profitability (in thousands):

Three Months Ended March 31, 

2026

  ​ ​ ​

2025

Total revenue

$

13,381

$

11,777

Significant segment expenses (income)

Cost of revenues

6,499

 

6,236

Research and development

3,471

3,829

Sales and marketing

4,267

4,879

General and administrative

5,647

5,360

Change in fair value of contingent consideration

6,381

2,499

Other segment items(1)

(929)

(1,189)

Net loss from continuing operations

(11,955)

(9,837)

Net income from discontinued operations, net of tax(2)

53,440

Net income (loss) attributable to common stockholders

$

(11,955)

$

43,603

(1)Includes interest income, interest expense, other expense, net and income from TSA, net.
(2)See Note 3, Discontinued Operations and TSA, for further details.