| Schedule of segment net loss |
| | | | | | | | | | | | | | | Three-Month Periods Ended June 30, | | Six-Month Periods Ended June 30, | ($’s in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | Revenue | | $ | 18,510 | | $ | 15,009 | | $ | 34,471 | | $ | 28,148 | Less: Segment expenses(1) | | | | | | | | | | | | | Cost of goods sold – (excluding amortization of acquired intangible assets) | | | 6,143 | | | 4,939 | | | 12,361 | | | 9,729 | Research and development | | | 54 | | | — | | | 54 | | | 39 | Selling, general and administrative | | | | | | | | | | | | | Employee related | | | 4,597 | | | 4,698 | | | 9,285 | | | 8,729 | Sales, operations, outside services and consulting | | | 2,438 | | | 2,502 | | | 4,600 | | | 4,923 | Marketing related | | | 842 | | | 2,048 | | | 1,786 | | | 3,762 | Stock compensation | | | 1,437 | | | 1,336 | | | 2,426 | | | 2,659 | Legal and administrative | | | 902 | | | 478 | | | 1,503 | | | 990 | Product compliance expense | | | 285 | | | 318 | | | 533 | | | 593 | Office and administrative | | | 261 | | | 276 | | | 540 | | | 502 | Other | | | 126 | | | 226 | | | 324 | | | 293 | Other segment items(2) | | | 1,737 | | | 1,984 | | | 3,601 | | | 3,798 | Segment expenses | | | 18,822 | | | 18,805 | | | 37,013 | | | 36,017 | Segment loss from operations | | $ | (312) | | $ | (3,796) | | $ | (2,542) | | $ | (7,869) | | | | | | | | | | | | | | Reconciliation to net loss: | | | | | | | | | | | | | Adjustments and reconciling items | | | — | | | — | | | — | | | — | Net loss | | $ | (312) | | $ | (3,796) | | $ | (2,542) | | $ | (7,869) |
| (1) | The significant expense amounts align with the expenses that the CODM is regularly provided with to assess performance and allocate resources. |
| (2) | Other segment items for the reportable segment include amortization of intangible assets, interest income (expense), foreign exchange transaction losses and income tax expense. |
|