v3.26.1
SEGMENT REPORTING (Tables)
 3 Months Ended
Mar. 31, 2026
SEGMENT REPORTING  
Reconciliation of Revenue from Segments to Consolidated

 

 

For the Three Months Ended March 31,

 

(in thousands)

 

2026

 

2025

 

 

 

 

 

 

 

 

 

Revenues

 

$

3,366

 

$

5,195

 

Net loss from continuing operations

 

 

(2,966)

 

 

(3,725)

 

Net income from discontinued operations net of taxes

 

 

—

 

 

449

 

 

 

 

 

 

 

 

 

Add back items:

 

 

 

 

 

 

 

Stock-based compensation expense (1)

 

 

260

 

 

308

 

Issuance of warrants

 

 

1,003

 

 

—

 

Depreciation and amortization (2)

 

 

71

 

 

76

 

Interest expense, net

 

 

(46)

 

 

46

 

Income tax

 

 

16

 

 

17

 

Foreign exchange transaction loss

 

 

72

 

 

178

 

Other (3)

 

 

310

 

 

127

 

Adjusted EBITDA

 

$

(1,280)

 

$

(2,973)

 

 

(1)  Includes restricted shares, stock options, equity-settled restricted share units, cash-settled restricted share units and equity-settled performance-based restricted share units granted to employees and directors (including related employer payroll taxes).

(2)  Includes amortization of intangible assets generated through business acquisitions and depreciation of property and equipment, amortization of contract costs, and amortization of internally developed software and other intangible assets. Excludes amortization of right of use assets.

(3)  Includes severance costs and non-recurring compensation.