v3.26.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2026
SEGMENT REPORTING  
Reconciliation of Revenue from Segments to Consolidated

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

(in thousands)

 

2026

 

2025

 

2026

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

2,809

 

$

5,801

 

$

6,175

 

$

10,996

 

Net loss from continuing operations

 

 

(2,370)

 

 

(1,157)

 

 

(5,336)

 

 

(4,882)

 

Net income from discontinued operations, net of taxes

 

 

—

 

 

565

 

 

—

 

 

1,014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Add back items:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation expense (1)

 

 

407

 

 

500

 

 

667

 

 

809

 

Issuance of warrants

 

 

—

 

 

—

 

 

1,003

 

 

—

 

Depreciation and amortization (2)

 

 

72

 

 

90

 

 

140

 

 

160

 

Interest expense, net

 

 

(145)

 

 

53

 

 

(191)

 

 

99

 

Income tax

 

 

31

 

 

37

 

 

47

 

 

54

 

Foreign exchange transaction loss

 

 

107

 

 

151

 

 

180

 

 

329

 

Other (3)

 

 

75

 

 

128

 

 

385

 

 

256

 

Adjusted EBITDA

 

$

(1,823)

 

$

(198)

 

$

(3,105)

 

$

(3,175)

 

 

(1)  Includes restricted shares, stock options, equity-settled restricted share units, cash-settled restricted share units and equity-settled performance-based restricted share units granted to employees and directors net of shares withheld for taxes (including related employer and applicable employee payroll taxes).

(2)  Includes amortization of intangible assets generated through business acquisitions and depreciation of property and equipment, amortization of contract costs, and amortization of internally developed software and other intangible assets. Excludes amortization of right of use assets.

(3)  Includes severance costs and non-recurring compensation.