Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Financial Information of Reportable Segments

The CODM makes operating decisions, assesses performance and allocates resources using the entity-wide revenue and expense information reported on the Condensed Statements of Operations and the more detailed significant expense categories disclosed in the table below. The primary measure of segment profit is net income as reported on the Condensed Statements of Operations.


	3 Months Ended March 31,
	2026			2025

Segment operating revenues	$	4,986,878		$	4,871,412

Less: Significant segment expenses
Data and product costs
Employee expenses		1,700,701			1,498,114
Data feed expenses		522,623			534,901
Hosting and computer services expenses		150,198			58,714
Other data and product costs		147,383			191,645
Data and product costs subtotal		2,520,905			2,283,374

Selling, general and administrative expenses
Employee expenses		1,868,786			1,914,112
Professional fee expenses		331,945			103,106
Marketing expenses		168,954			208,791
Occupancy expenses ⁽¹⁾		10,183			110,344
Other general and administrative expenses		126,012			140,598
Selling, general and administrative expenses subtotal		2,505,880			2,476,951

Other significant segment items
Depreciation and amortization		53,820			85,720
Other (income), net		(169,803	)		(180,833	)
Provision for income taxes		17,764			47,138

Segment net income	$	58,312		$	159,062

⁽¹⁾ Prior to the expiration of the Company’s leased office space on July 31, 2025, occupancy expenses included rent, utilities, repairs, and office supplies. Post expiration, occupancy expenses included the rental of virtual office space for Company meetings.