Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2026

	April 17, 2026
ASSETS
Current assets:
Cash and cash equivalents	$	175
Accounts receivable and other receivables, net		6,090
Prepaid expenses and other current assets		20
Total current assets		6,285
Non-current assets:
Property and equipment, net		37
Intangible assets		12,979
Other non-current assets		23
Total assets	$	19,324

LIABILITIES AND NET DEFICIT
Current liabilities
Accounts payable and other payables	$	18,552
Long term payables, current portion		3,843
Deferred revenues		444
Income tax payable		1,050
Total current liabilities		23,889

Non-current liabilities
Deferred tax liability		2,835
Total liabilities		26,724
Net deficit	$	(7,400	)

See the tables below for the summary of assets and liabilities of Juve Stabia before classification as held for sale as of December 31, 2025:

	December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents	$	1,365
Accounts receivable and other receivables, net		2,755
Prepaid expenses and other current assets		19
Total current assets		4,139
Non-current assets:
Property and equipment, net		41
Intangible assets		13,902
Total assets	$	18,082

LIABILITIES
Current liabilities
Accounts payable and other payables	$	13,122
Accrued and other liabilities		733
Deferred revenues		1,517
Income tax payable		179
Total current liabilities		15,551

Non-current liabilities
Long term payables		3,237
Other long-term liabilities		3,570
Total non-current liabilities		6,807
Total liabilities	$	22,358

See the tables below for the summary of statement of operations of UYBA and Juve Stabia classified as discontinued operations as of and for the periods presented:

	June 30,
	2026
	Juve Stabia
Revenue	$	2,085
Operating expenses
General and administrative expenses		6,495
Impairment of non-financial assets		290
Total operating expenses		6,785

Operating loss from discontinued operations		(4,700	)

Other income:
Interest income		1
Other income		1,738
Net gain on disposal of subsidiary		7,400
Total other income		9,139

Profit before income taxes		4,439
Provision for income taxes		102
Net profit	$	4,337

UYBA has no operational activities associated with discontinued operations for the six months ended June 30, 2026.

	June 30, 2025
	UYBA			Juve Stabia			Total Discontinued

Revenue	$	1,061		$	-		$	1,061
Operating expenses
General and administrative expenses		1,747			725			2,472
Total operating expenses		1,747			725			2,472

Other income (expense):
Interest income (expense)		(24	)		-			(24	)
Other income		38			-			38
Net loss on disposal of subsidiary		(461	)		-			(461	)
Total other expenses, net		(447	)		-			(447	)

Loss before income taxes		(1,133	)		(725	)		(1,858	)
Provision for income taxes		-			-			-
Net loss	$	(1,133	)	$	(725	)	$	(1,858	)