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

Note 7: Segment Reporting

 

Operating segments are components of an enterprise about which separate financial information is available and is evaluated periodically by management, namely the Chief Operating Decision Maker (“CODM”) of an organization, in order to determine operating and resource allocation decisions. By this definition, the Company has identified its Chief Executive Officer as the CODM. The Company considers itself to be in a single reportable segment under the authoritative guidance for segment reporting, specifically a communications company for publicly traded and private companies. The CODM uses operating income to evaluate our capital allocation, which could be re-investing income back into the Company, executing a share-repurchase, paying dividends or acquiring other entities. Operating income is used to monitor budget versus actual results. The CODM also uses operating income in competitive analysis by benchmarking to the Company’s competitors. The competitive analysis along with the monitoring of budgeted versus actual results are used in assessing performance of the Company. Below provides a further breakdown of costs and expenses of our one reporting segment (in thousands):

                    
   For the Three Months Ended   For the Six Months Ended 
   June 30,   June 30,   June 30,   June 30, 
   2026   2025   2026   2025 
Revenues  $5,618   $5,621   $10,945   $11,097 
Cost of revenues
                    
Costs to deliver products   948    812    1,726    1,499 
Employee costs   432    407    899    793 
Teleconference costs   55    41    115    94 
Amortization of capitalized software   69    72    138    145 
Other segment costs   2    4    4    8 
Total cost of revenue   1,506    1,336    2,882    2,539 
Operating costs and expenses:                    
Employee costs   1,713    1,507    3,364    3,404 
Consultants and professional services   501    563    1,148    1,271 
Depreciation and amortization   647    665    1,294    1,335 
Advertising   445    330    851    631 
Provision for credit losses   158    279    268    556 
Tradeshows   215    62    265    266 
Software licensing   180    198    316    459 
Stock compensation   141    206    398    392 
Hosting   139    142    277    271 
Merchant and bank fees   117    111    224    218 
Capitalized Software   (110)   –    (209)   (23)
Acquisition/integration and other non-recurring costs   50    373    339    453 
Rent   61    92    124    183 
Other operating expenses (1)   162    6    429    68 
Total operating costs and expenses   4,419    4,534    9,088    9,484 
Operating loss  $(307)  $(249)  $(1,025)  $(926)

 

(1)Other operating expenses include insurance, travel, reseller commissions, tradeshow expense and other miscellaneous selling, general and administrative expenses