v3.26.1
Note 15 - Segment and Geographic Information (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

Net Income/(loss) by Segment

 

2026

  

2025

  

2026

  

2025

 
  

(in thousands)

  

(in thousands)

 

Europe

 $(217) $11,553  $(461) $14,361 

United States

 $(2,370) $(6,319)  (3,018)  (9,307)

Total for the period

 $(2,587) $5,234  $(3,479) $5,054 
  

As of

  

Year Ended

 
  

June 30,

  

December 31,

 

Assets by Segment

 

2026

  

2025

 
  

(in thousands)

 

Europe

        

Other Assets

 $13  $12 

Total for Europe

 $13  $12 
         

United States

        

Intangible assets

 $36,572  $37,518 

Goodwill

  18,964   18,964 

Other assets

  1,590   550 

Total for United States

 $57,126  $57,032 
  

As of

  

Year Ended

 
  

June 30,

  

December 31,

 

Liabilities by Segment

 

2026

  

2025

 
  

(in thousands)

 

Europe – Continuing Operations

        

Debt

 $1,519  $1,176 

Other Liabilities

 $845   1,076 

Total for Europe – Continuing Operations

 $2,364  $2,252 
         

United States – Continuing Operations

        

Debt

 $9,153  $14,885 

Other Liabilities

 $17,072   16,886 

Total for United States – Continuing Operations

 $26,226  $31,771 
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

Adjusted EBITDA by Segment

 

2026

  

2025

  

2026

  

2025

 
  

(in thousands)

  

(in thousands)

 

Europe

 $(197) $(198) $(409) $(626)

US

  (1,343)  (3,492)  (2,453)  (4,553)

Total for the period

 $(1,540) $(3,690) $(2,861) $(5,177)
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

Adjusted EBITDA Reconciliation to Net Loss

 

2026

  

2025

  

2026

  

2025

 
  

(in thousands)

  

(in thousands)

 

Europe

                

Adjusted EBITDA

 $(197) $(198) $(409) $(626)

Depreciation, amortization, and accretion

  -   -   -   - 

Interest expense

  (19)  (172)  (53)  (526)

Gain on sale of subsidiaries

  -  $11,924   -   15,513 

Net Income /(Loss)

 $(217) $11,554  $(461) $14,361 
                 

US

                

Adjusted EBITDA

 $(1,343) $(3,492) $(2,453) $(4,553)

Depreciation, amortization, and accretion

  (469)  (23)  (946)  (130)

Interest expense

  (364)  (1,065)  (606)  (2,914)

Fair value movement of convertible notes

  (139)  (882)  (2,502)  (887)

Fair value movement of warrants

  -   162   -   162 

Warrant issuance costs

  -   (753)  -   (753)

Stock issued for debt settleent costs

  -   (172)  -   (172)

Issuance cost put option liability (Series D)

  -     

(6

)   

Gain on settlement of debt

  -   -   5,257   - 

Loss on extinguishment of debt

  (25)  -   (1,731)  - 

Other Expense

  (31)  (94)  (31)  (60)

Net Loss

 $(2,370) $(6,319) $(3,018) $(9,307)

Income Taxes

  -   -   -   - 

Consolidated Net Income / (Loss)

 $(2,587) $5,234  $(3,479) $5,054