| Schedule of Revenue and Operating Results by Segments |
The revenue and operating results by segments were as follows:
| | |
For the three months ended March 31, 2025 | |
| | |
Auto
eInsurance
service | | |
Technology
service | | |
Auto
service | | |
Others | | |
Consolidated | |
| Revenues from external customers | |
$ | 45,927 | | |
$ | 10,665 | | |
$ | 46,003 | | |
$ | - | | |
$ | 102,595 | |
| Operating cost and expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Integrated service cost | |
| - | | |
| (6,292 | ) | |
| (42,130 | ) | |
| - | | |
| (48,422 | ) |
| Promotional service and selling expenses | |
| (45,464 | ) | |
| (3,775 | ) | |
| (1,549 | ) | |
| - | | |
| (50,788 | ) |
| General and administrative expenses | |
| (1,230 | ) | |
| (1,775 | ) | |
| (1,405 | ) | |
| (1,010 | ) | |
| (5,420 | ) |
| Research and development expenses | |
| (230 | ) | |
| (211 | ) | |
| (482 | ) | |
| - | | |
| (923 | ) |
| Total operating costs and expenses | |
| (46,924 | ) | |
| (12,053 | ) | |
| (45,566 | ) | |
| (1,010 | ) | |
| (105,553 | ) |
| Total other income (expenses), net (1) | |
| 56 | | |
| (73 | ) | |
| (645 | ) | |
| (111 | ) | |
| (773 | ) |
| Segment loss before tax | |
$ | (941 | ) | |
$ | (1,461 | ) | |
$ | (208 | ) | |
$ | (1,121 | ) | |
$ | (3,731 | ) |
| | |
For the three months ended March 31, 2026 | |
| | |
Auto
eInsurance
service | | |
Technology
service | | |
Auto
service | | |
Others | | |
Consolidated | |
| Revenues from external customers | |
$ | 62,337 | | |
$ | 15,283 | | |
$ | 53,548 | | |
$ | - | | |
$ | 131,168 | |
| Operating cost and expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Integrated service cost | |
| - | | |
| (12,396 | ) | |
| (52,838 | ) | |
| - | | |
| (65,234 | ) |
| Promotional service and selling expenses | |
| (58,597 | ) | |
| (4 | ) | |
| (1,861 | ) | |
| (19 | ) | |
| (60,481 | ) |
| General and administrative expenses | |
| (1,041 | ) | |
| (210 | ) | |
| 588 | | |
| (612 | ) | |
| (1,275 | ) |
| Research and development expenses | |
| (235 | ) | |
| (407 | ) | |
| (523 | ) | |
| - | | |
| (1,165 | ) |
| Total operating costs and expenses | |
| (59,873 | ) | |
| (13,017 | ) | |
| (54,634 | ) | |
| (631 | ) | |
| (128,155 | ) |
| Total other income (expenses), net (1) | |
| 25 | | |
| (97 | ) | |
| (771 | ) | |
| (162 | ) | |
| (1,005 | ) |
| Segment income (loss) before tax | |
$ | 2,489 | | |
$ | 2,169 | | |
$ | (1,857 | ) | |
$ | (793 | ) | |
$ | 2,008 | |
| (1) | Included net of financial expenses, investment income and others. |
|
| Schedule of Total Assets by Segments |
The total assets by segments as of December 31, 2025 and as of March
31, 2026 were as follows:
| | |
As of
December 31, | | |
As of
March 31, | |
| | |
2025 | | |
2026 | |
| | |
(Audited) | | |
(Unaudited) | |
| Segment assets | |
| | |
| |
| Auto eInsurance service | |
$ | 62,550 | | |
$ | 58,917 | |
| Technology service | |
| 35,906 | | |
| 37,255 | |
| Auto service | |
| 151,165 | | |
| 160,401 | |
| Others | |
| 3,575 | | |
| 2,392 | |
| Total segment assets | |
$ | 253,196 | | |
$ | 258,965 | |
|