v3.26.1
Segment Reporting and Information about Geographic Areas
 3 Months Ended
Mar. 31, 2026
Segment Reporting and Information about Geographic Areas [Abstract]  
SEGMENT REPORTING AND INFORMATION ABOUT GEOGRAPHIC AREAS

16. SEGMENT REPORTING AND INFORMATION ABOUT GEOGRAPHIC AREAS

 

Our Chief Executive Officer, as the CODM, organizes our company, manages resource allocations and measures performance among two operating and reportable segments: (i) Educational programs and services and (ii) HybriU licensing and sales for internal management purposes. The Company’s CODM makes decisions on resource allocation, evaluates operating performance, and monitors budget versus actual results using gross profit. The following table presents revenues, cost of revenues, and gross profit by reportable segment:

 

   Three Months ended
March 31,		 
   2025   2026 
NET REVENUES        
Educational programs and services  $1,990   $2,080 
HybriU licensing and sales   324    719 
Total net revenues   2,314    2,799 
COST OF REVENUES          
Educational programs and services   (978)   (1,113)
HybriU licensing and sales   
—
    
—
 
Total cost of revenues   (978)   (1,113)
           
GROSS PROFIT          
Educational programs and services   1,012    967 
HybriU licensing and sales   324    719 
Total gross profit  $1,336   $1,686