v3.26.1
Note 9 - Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]

 

 

Three Months Ended June 30,

 

 

Three Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

Fluent

 

 

Total

 

 

Fluent

 

 

Total

 

Revenue(1):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

27,810

 

 

 

 

 

$

27,897

 

 

 

 

International

 

 

19,037

 

 

 

 

 

 

15,215

 

 

 

 

Total segment revenue

 

$

46,847

 

 

 

 

 

$

43,112

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated revenue

 

 

 

 

 

1,602

 

 

 

 

 

 

1,594

 

Total revenue

 

 

 

 

$

48,449

 

 

 

 

 

$

44,706

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue (exclusive of depreciation and amortization)

 

 

33,993

 

 

 

 

 

 

34,301

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and benefits

 

 

9,039

 

 

 

 

 

 

7,343

 

 

 

 

Professional fees

 

 

1,477

 

 

 

 

 

 

1,501

 

 

 

 

IT and software

 

 

1,284

 

 

 

 

 

 

1,071

 

 

 

 

Other segment items(2)

 

 

3,826

 

 

 

 

 

 

3,830

 

 

 

 

Segment EBITDA

 

$

(2,772

)

 

 

 

 

$

(4,934

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Segment EBITDA to loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

Segment EBITDA (from above)

 

 

 

 

$

(2,772

)

 

 

 

 

$

(4,934

)

Plus: Unallocated revenue

 

 

 

 

 

1,602

 

 

 

 

 

 

1,594

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated cost of revenue (exclusive of depreciation and amortization)

 

 

 

 

 

447

 

 

 

 

 

 

125

 

Unallocated salaries and benefits

 

 

 

 

 

1,053

 

 

 

 

 

 

930

 

Unallocated professional fees

 

 

 

 

 

111

 

 

 

 

 

 

82

 

Unallocated IT and software

 

 

 

 

 

70

 

 

 

 

 

 

53

 

Unallocated other operating items(2)

 

 

 

 

 

390

 

 

 

 

 

 

97

 

Depreciation and amortization

 

 

 

 

 

1,710

 

 

 

 

 

 

2,479

 

Interest expense, net

 

 

 

 

 

637

 

 

 

 

 

 

702

 

Fair value adjustment of Convertible Notes, with related parties

 

 

 

 

 

584

 

 

 

 

 

 

(478

)

Loss before income taxes

 

 

 

 

$

(6,172

)

 

 

 

 

$

(7,330

)

 

 

Six Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

Fluent

 

 

Total

 

 

Fluent

 

 

Total

 

Revenue(1):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

53,694

 

 

 

 

 

$

63,802

 

 

 

 

International

 

 

35,978

 

 

 

 

 

 

33,131

 

 

 

 

Total segment revenue

 

$

89,672

 

 

 

 

 

$

96,933

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated revenue

 

 

 

 

 

3,629

 

 

 

 

 

 

2,983

 

Total revenue

 

 

 

 

$

93,301

 

 

 

 

 

$

99,916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue (exclusive of depreciation and amortization)

 

 

68,457

 

 

 

 

 

 

78,033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and benefits

 

 

16,605

 

 

 

 

 

 

15,032

 

 

 

 

Professional fees

 

 

3,022

 

 

 

 

 

 

3,660

 

 

 

 

IT and software

 

 

2,340

 

 

 

 

 

 

2,257

 

 

 

 

Other segment items(2)

 

 

4,277

 

 

 

 

 

 

7,163

 

 

 

 

Segment EBITDA

 

$

(5,029

)

 

 

 

 

$

(9,212

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Segment EBITDA to loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

Segment EBITDA (from above)

 

 

 

 

$

(5,029

)

 

 

 

 

$

(9,212

)

Plus: Unallocated revenue

 

 

 

 

 

3,629

 

 

 

 

 

 

2,983

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated cost of revenue (exclusive of depreciation and amortization)

 

 

 

 

 

796

 

 

 

 

 

 

168

 

Unallocated salaries and benefits

 

 

 

 

 

2,115

 

 

 

 

 

 

2,047

 

Unallocated professional fees

 

 

 

 

 

294

 

 

 

 

 

 

164

 

Unallocated IT and software

 

 

 

 

 

127

 

 

 

 

 

 

145

 

Unallocated other operating items(2)

 

 

 

 

 

737

 

 

 

 

 

 

489

 

Depreciation and amortization

 

 

 

 

 

3,391

 

 

 

 

 

 

4,940

 

Interest expense, net

 

 

 

 

 

1,242

 

 

 

 

 

 

1,582

 

Fair value adjustment of Convertible Notes, with related parties

 

 

 

 

 

1,421

 

 

 

 

 

 

(398

)

Loss before income taxes

 

 

 

 

$

(11,523

)

 

 

 

 

$

(15,366

)

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Total assets:

 

 

 

 

 

 

Fluent

 

$

65,626

 

 

$

79,570

 

Unallocated

 

 

9,507

 

 

 

9,563

 

Total assets

 

$

75,133

 

 

$

89,133