v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Management has organized its reportable segments, ClearanceJobs ("CJ") and Dice, based upon our internal management reporting and information provided to the chief operating decision maker "CODM".

ClearanceJobs is an online career community and cleared staffing service dedicated to connecting security-cleared professionals with employers in a secure and private environment to fill the jobs that safeguard our nation. Authorized U.S. government contractors, federal agencies, national laboratories and universities utilize ClearanceJobs to find candidates with specific, active or current security clearance requirements in a range of disciplines. The platform provides opportunities for employers and candidates to engage in real-time through messaging and live video, and for employers to promote differentiators through a multitude of branding products and features.

Dice is a destination for technology and engineering talent in the United States to find relevant job opportunities. The job postings available on Dice, from both technology and non-technology companies across many industries, include positions for software engineers, big data professionals, systems administrators, database specialists, project managers, tech professionals with AI skills, and a variety of other technology and engineering professionals.

Corporate includes general overhead not directly consumed by the segments such as interest expense, public company costs, compensation of certain executives and other professional fees. Corporate assets include all cash, income tax related assets, investments, and certain prepaid and other assets.

The Company has included additional disclosures regarding significant expenses regularly provided to our CODM. The Company’s CODM is the Company’s Chief Executive Officer. Given the restructuring from one to two segments, the measure of segment profit or loss has changed from consolidated net income to Adjusted EBITDA. The CODM uses Adjusted EBITDA
to allocate resources to each segment, predominately through a budgeting and forecasting process. The CODM utilizes segment revenue, operating expenses and Adjusted EBITDA when making decisions about resource allocations. Resource allocation decisions include, among other things, investing in product development, sales and marketing, employee compensation, acquisitions, and stockholder programs.

All operations are in the United States and the Company does not have revenues and long-lived assets, which includes fixed assets and lease right of use assets, outside of the United States. The CODM is not provided assets in evaluating the results of the segments, and therefore, such information is not provided, except capital expenditures. The accounting policies of each segment are the same as those described in Note 1 of the notes to the condensed consolidated financial statements.

The following table provides an analysis of results by reportable segment (in thousands):

Three Months Ended June 30, 2026Three Months Ended June 30, 2025
By Reportable Segment: CJDiceTotalCJDiceTotal
Revenues$15,554 $15,787 $31,341 $13,626 $18,401 $32,027 
Less:
   Adjusted cost of revenues3,548 2,703 1,661 3,453 
   Adjusted product development1,295 1,584 1,216 1,921 
   Adjusted sales1,931 2,947 2,112 4,101 
   Adjusted marketing1,663 2,605 1,552 2,781 
   Adjusted general and administrative1,122 1,772 1,013 1,976 
Adjusted EBITDA(1)
5,995 4,176 10,171 6,072 4,169 10,241 
Reconciling Items:(2)
Less:
   Depreciation (3)
2,450 3,761 
   Amortization303 — 
   Restructuring— 4,216 
Severance, professional fees and related costs, and non-cash stock based compensation1,751 1,782 
Loss (income) from equity method investment17 37 
   Interest expense and other687 619 
Unallocated amounts:
    Other corporate expenses1,855 1,747 
Income (loss) before income taxes$3,108 $(1,921)
Capital Expenditures(2)(4)
$649 $918 $1,567 $306 $1,594 $1,900 
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $0.5 million and $1.9 million for ClearanceJobs and Dice, respectively, for the three months ended June 30, 2026. Depreciation was $0.9 million and $2.9 million for ClearanceJobs and Dice, respectively, for the three months ended June 30, 2025.
(4) Consists of capitalized website development and software costs as provided to the CODM.
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
By Reportable Segment: CJDiceTotalCJDiceTotal
Revenues$29,550 $31,484 $61,034 $27,003 $37,325 $64,328 
Less:
   Adjusted cost of revenues5,634 5,353 3,444 6,945 
   Adjusted product development2,822 3,101 2,517 4,197 
   Adjusted sales4,043 6,072 4,137 8,466 
   Adjusted marketing3,260 4,763 3,174 5,810 
   Adjusted general and administrative2,145 3,682 1,954 4,310 
Adjusted EBITDA(1)
11,646 8,513 20,159 11,777 7,597 19,374 
Reconciling Items:(2)
Less:
   Depreciation (3)
5,247 7,745 
   Amortization538 — 
   Restructuring— 6,486 
   Impairment of goodwill (4)
— 7,800 
Severance, professional fees and related costs, and non-cash stock based compensation3,799 3,990 
Loss (income) from equity method investment40 (27)
   Interest expense and other1,240 1,279 
Unallocated amounts:
    Other corporate expenses3,699 3,899 
Income (loss) before income taxes$5,596 $(11,798)
Capital Expenditures(2)(5)
$1,226 $1,963 $3,189 $647 $3,221 $3,868 
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $1.2 million and $4.0 million for ClearanceJobs and Dice, respectively, for the six months ended June 30, 2026. Depreciation was $1.6 million and $6.2 million for ClearanceJobs and Dice, respectively, for the six months ended June 30, 2025.
(4) Impairment of goodwill related entirely to the Dice reportable segment.
(5) Consists of capitalized website development and software costs as provided to the CODM.