| Schedule of Financial Information with Respect of Single Operating Segment |
The following table presents selected financial information with respect to the Company’s single operating segment for the three and nine months ended September 30, 2026 and 2025:
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For the Three Months Ended September 30, |
|
|
For the Nine Months Ended September 30, |
|
(in thousands, except per share data) |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Revenues, net |
|
$ |
22,031 |
|
|
$ |
24,984 |
|
|
$ |
69,674 |
|
|
$ |
73,456 |
|
Cost of revenues |
|
|
3,263 |
|
|
|
3,410 |
|
|
|
10,091 |
|
|
|
9,629 |
|
Gross profit |
|
|
18,768 |
|
|
|
21,574 |
|
|
|
59,583 |
|
|
|
63,827 |
|
Operating Expenses: |
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|
|
|
|
|
|
|
|
|
|
|
Selling and operating |
|
|
19,636 |
|
|
|
20,578 |
|
|
|
61,236 |
|
|
|
61,233 |
|
Corporate, general and administration |
|
|
2,082 |
|
|
|
2,237 |
|
|
|
5,941 |
|
|
|
7,043 |
|
Total operating expenses |
|
|
21,718 |
|
|
|
22,815 |
|
|
|
67,177 |
|
|
|
68,276 |
|
Loss from operations |
|
|
(2,950 |
) |
|
|
(1,241 |
) |
|
|
(7,594 |
) |
|
|
(4,449 |
) |
Interest and other income, net |
|
|
(131 |
) |
|
|
22 |
|
|
|
(145 |
) |
|
|
9 |
|
Loss before income taxes |
|
|
(3,081 |
) |
|
|
(1,219 |
) |
|
|
(7,739 |
) |
|
|
(4,440 |
) |
Income tax expense |
|
|
33 |
|
|
|
12 |
|
|
|
60 |
|
|
|
61 |
|
Loss from continuing operations |
|
$ |
(3,114 |
) |
|
$ |
(1,231 |
) |
|
$ |
(7,799 |
) |
|
$ |
(4,501 |
) |
Loss from discontinued operations |
|
|
— |
|
|
|
(63 |
) |
|
|
— |
|
|
|
(59 |
) |
Net loss |
|
$ |
(3,114 |
) |
|
$ |
(1,294 |
) |
|
$ |
(7,799 |
) |
|
$ |
(4,560 |
) |
Net loss attributable to noncontrolling interests |
|
|
(96 |
) |
|
|
(141 |
) |
|
|
(497 |
) |
|
|
(592 |
) |
Net loss attributable to common shareholders |
|
$ |
(3,018 |
) |
|
$ |
(1,153 |
) |
|
$ |
(7,302 |
) |
|
$ |
(3,968 |
) |
|
| Geographical Data for Operations |
The following represents geographical data for our operations:
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For the Three Months Ended September 30, |
|
|
For the Nine Months Ended September 30, |
|
(in thousands) |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
13,636 |
|
|
$ |
14,951 |
|
|
$ |
43,113 |
|
|
$ |
44,458 |
|
International |
|
|
8,395 |
|
|
|
10,033 |
|
|
|
26,561 |
|
|
|
28,998 |
|
|
|
$ |
22,031 |
|
|
$ |
24,984 |
|
|
$ |
69,674 |
|
|
$ |
73,456 |
|
|