v3.26.1
REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION
Reportable segments
ASC 280, Segment Reporting, establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company's chief operating decision maker ("CODM") is its Chief Executive Officer. The Company's CODM does not regularly review asset information by segments and, therefore, the Company does not report asset information by segment.
The Company organizes its operations in two segments: Enterprise, Education and Technology and Media and Telecom. The Enterprise, Education and Technology segment represents products related to industry solutions for education customers, and media services (except for Media and Telecom customers). The Media and Telecom segment primarily represents TV solutions that are sold to media and telecom operators and mass broadcasting and entertainment.
The measurement of the reportable operating segments is based on the same accounting principles applied in these financial statements, which includes certain corporate overhead allocations.
Three Months Ended June 30, 2026
Enterprise, Education and TechnologyMedia and TelecomTotal
Revenue$36,804 $10,090 $46,894 
Cost of revenue
Production costs3,908 3,033 6,941 
Compensation2,206 805 3,011 
Depreciation and amortization479 517 996 
Other segment items980 429 1,409 
Total cost of revenue7,573 4,784 12,357 
Gross profit29,231 5,306 34,537 
Operating expenses35,312 
Financial expense, net2,310 
Provision for income taxes2,459 
Net loss$5,544 
Three Months Ended June 30, 2025
Enterprise, Education and TechnologyMedia and TelecomTotal
Revenue$33,242 $11,220 $44,462 
Cost of revenue
Production costs4,021 3,376 7,397 
Compensation2,551 1,230 3,781 
Depreciation and amortization226 536 762 
Other segment items577 726 1,303 
Total cost of revenue7,375 5,868 13,243 
Gross profit25,867 5,352 31,219 
Operating expenses33,976 
Financial expense, net4,569 
Provision for income taxes424 
Net loss$7,750 
Six Months Ended June 30, 2026
Enterprise, Education and TechnologyMedia and TelecomTotal
Revenue$70,955 $20,565 $91,520 
Cost of revenue
Production costs8,139 5,991 14,130 
Compensation4,669 1,647 6,316 
Depreciation and amortization775 1,034 1,809 
Other segment items1,678 941 2,619 
Total cost of revenue15,261 9,613 24,874 
Gross profit55,694 10,952 66,646 
Operating expenses68,645 
Financial expense, net2,394 
Provision for income taxes4,920 
Net loss$9,313 
Six Months Ended June 30, 2025
Enterprise, Education and TechnologyMedia and TelecomTotal
Revenue$67,658 $23,788 $91,446 
Cost of revenue
Production costs8,197 6,883 15,080 
Compensation5,206 2,578 7,784 
Depreciation and amortization550 1,071 1,621 
Other segment items1,270 1,736 3,006 
Total cost of revenue15,223 12,268 27,491 
Gross profit52,435 11,520 63,955 
Operating expenses68,289 
Financial expense, net2,766 
Provision for income taxes1,769 
Net loss$8,869 

Other segment items include costs related to subcontractors and consultants, allocated rent, IT expenses and other general costs.
Geographical information
See Note 3 for disaggregated revenue by geographic region.