v3.26.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SCHEDULE OF REVENUES, OPERATING EXPENSES AND OPERATING INCOME (LOSS) BY REPORTABLE SEGMENT

  

             
   Six Months Ended June 30, 2026 
   ($ in thousands) 
   Healthcare IT  

Medical

Practice

Management

   Total 
Net revenue  $55,698   $7,452(a)  $63,150 
Operating expenses:               
Direct operating costs   28,259    6,048    34,307 
Selling and marketing   2,704    10    2,714 
General and administrative   5,223    1,360    6,583 
Research and development   4,610    -    4,610 
Change in contingent consideration   23    -    23 
Depreciation and amortization   7,603    165    7,768 
Total operating expenses   48,422    7,583    56,005 
Segment operating income (loss)  $7,276   $(131)   7,145 
                
Reconciliation of profit or loss (segment profit/loss):               
Unallocated corporate expenses             (4,283)
Net interest expense             (790)
Other income             126 
Income before income taxes            $2,198 

 

             
   Three Months Ended June 30, 2026 
   ($ in thousands) 
   Healthcare IT  

Medical

Practice

Management

   Total 
             
Net revenue  $28,194   $3,686(a)  $31,880 
Operating expenses:               
Direct operating costs   14,436    3,021    17,457 
Selling and marketing   1,298    2    1,300 
General and administrative   2,550    717    3,267 
Research and development   2,194    -    2,194 
Change in contingent consideration   (34)   -    (34)
Depreciation and amortization   3,648    83    3,731 
Total operating expenses   24,092    3,823    27,915 
Segment operating income (loss)  $4,102   $(137)   3,965 
                
Reconciliation of profit or loss (segment profit/loss)               
Unallocated corporate expenses             (2,103)
Net interest expense             (742)
Other income             104 
Income before income taxes            $1,224 

 

 

             
   Six Months Ended June 30, 2025 
   ($ in thousands) 
   Healthcare IT  

Medical

Practice

Management

   Total 
Net revenue  $48,719   $6,290(a)  $55,009 
Operating expenses:               
Direct operating costs   24,666    5,278    29,944 
Selling and marketing   2,234    15    2,249 
General and administrative   4,455    1,211    5,666 
Research and development   2,255    -    2,255 
Depreciation and amortization   6,555    164    6,719 
Restructuring costs   137    -    137 
Total operating expenses   40,302    6,668    46,970 
Segment operating income (loss)  $8,417   $(378)   8,039 
                
Reconciliation of profit or loss (segment profit/loss):               
Unallocated corporate expenses             (3,024)
Net interest expense             (33)
Other expense             (49)
Income before income taxes            $4,933 

 

             
   Three Months Ended June 30, 2025 
   ($ in thousands) 
   Healthcare IT  

Medical

Practice

Management

   Total 
Net revenue  $24,077   $3,300(a)  $27,377 
Operating expenses:               
Direct operating costs   11,763    2,717    14,480 
Selling and marketing   1,110    8    1,118 
General and administrative   2,343    569    2,912 
Research and development   1,020    -    1,020 
Depreciation and amortization   3,300    82    3,382 
Restructuring costs   23    -    23 
Total operating expenses   19,559    3,376    22,935 
Segment operating income (loss)  $4,518   $(76)   4,442 
                
Reconciliation of profit or loss (segment profit/loss)               
Unallocated corporate expenses             (1,446)
Net interest expense             (17)
Other expense             (35)
Income before income taxes            $2,944 

 

(a)This revenue represents fees based on our actual costs plus a percentage of the operating profit.