v3.26.1
SEGMENTS
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENTS

NOTE 15 – SEGMENTS

 

The Company’s portfolio of brands within continuing operations are managed as a single1 operating segment on a consolidated basis. Our CODM is our Chief Executive Officer. The CODM uses net income or loss to determine segment profitability in order to assess performance and allocate resources.

 

Relevant segment data for the three and six months ended June 30, 2026 and 2025 is as follows:

 

             
   Three Months Ended
June 30,		   Six months Ended
June 30,		 
   2026   2025   2026   2025 
Telehealth revenue, net  $47,281,085   $49,018,882   $97,444,041   $99,906,781 
Significant Segment Expenses:                    
Cost of telehealth revenue   5,284,323    6,838,703    11,209,822    14,975,164 
Selling and marketing expenses   28,035,947    22,151,114    57,910,807    44,424,036 
Payroll expenses   7,906,429    7,114,151    17,214,507    15,368,201 
Merchant processing fees   1,983,025    2,078,119    4,047,839    4,089,568 
Other general and administrative expenses   8,372,467    9,303,722    16,846,111    16,458,520 
Other segment items(1)   2,828,495    3,879,959    6,273,628    8,119,895 
Segment operating loss   (7,129,601)   (2,346,886)   (16,058,673)   (3,528,603)
Interest income (expense), net   45,660    (660,787)   102,136    (1,124,425)
Loss from continuing operations before income taxes   (7,083,941)   (3,007,673)   (15,956,537)   (4,653,028)
Income tax provision   -    -    -    - 
Net loss from continuing operations  $(7,083,941)  $(3,007,673)  $(15,956,537)  $(4,653,028)

 

(1) Other segment items include stock-based compensation and depreciation and amortization.

 

Total expenditures for purchases of capitalized software and equipment, which are reported on the Company’s unaudited consolidated statements of cash flows totaled $3.7 million and $4.8 million during the six months ended June 30, 2026 and 2025, respectively.