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

Note 11 – Segment Information

Operating segments are defined as components of an enterprise about which separate discrete information is available for evaluation by the Chief Operating Decision Maker (the “CODM”), or decision-making group, in deciding how to allocate resources and in assessing performance. The Company’s CODM is its Chief Executive Officer.

While the Company generates revenue in multiple ways (sale of access to its software platforms, maintenance services, and professional services), these services are often bundled and difficult to assess individually. The CODM manages the business activities and receives financial reporting information on a consolidated basis as a single operating segment. While the CODM reviews sales by product offering, no profit measures are provided at that level. Accordingly, the Company has determined it has one operating segment, which is its only reportable segment.

Resource allocation and performance evaluation are based on consolidated net income as reported in the consolidated statements of income, with supplemental consideration of sales by product offering, as well as consolidated gross profit and operating income or loss. Sales are monitored at the individual product offering level to gauge growth and market penetration, and to ensure timely execution of the Company’s sales contracts, but profit measures are not available at the product level. The CODM does not consider the impact of any intercompany sales or transfers; their analysis is performed on a consolidated basis.

The CODM reviews only the expense captions presented in the consolidated statements of income (cost of sales; selling, general and administrative; research and development; and interest and other expense) and receives no further disaggregated expense information.

The CODM does not review segment asset information in assessing performance or allocating resources. Accordingly, the Company does not present segment asset disclosures below the consolidated balance sheet level.

All assets considered by the CODM in assessing the single reportable segment performance and allocating resources are included in the consolidated balance sheet and are located in the United States.

The Company’s total revenue for the single reportable segment is presented at Note 2, which includes a disaggregation of revenue by product, revenue by geographic location, and significant revenue concentrations for the three and six months ended June 30, 2026 and 2025, respectively.

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Total Revenue

 

$

5,092,982

 

 

$

4,968,922

 

 

$

7,641,624

 

 

$

8,142,444

 

 

Products and services

The Company generates revenue from the following major product and service categories:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

ROC SDK

 

$

1,590,311

 

 

$

864,635

 

 

$

2,912,612

 

 

$

2,542,140

 

ROC Watch

 

 

248,121

 

 

 

1,924,583

 

 

 

1,137,601

 

 

 

2,427,230

 

ROC ABIS

 

 

163,646

 

 

 

19,885

 

 

 

233,467

 

 

 

39,554

 

ROC Enroll

 

 

82,697

 

 

 

36,815

 

 

 

124,593

 

 

 

274,460

 

ROC Evidence

 

 

17,500

 

 

 

—

 

 

 

17,500

 

 

 

—

 

Total Product Revenue

 

 

2,102,275

 

 

 

2,845,918

 

 

 

4,425,773

 

 

 

5,283,384

 

R&D Contracts

 

 

2,990,707

 

 

 

2,123,004

 

 

 

3,215,851

 

 

 

2,859,060

 

Total Revenue

 

$

5,092,982

 

 

$

4,968,922

 

 

$

7,641,624

 

 

$

8,142,444