The Company is organized into separately managed segments as follows: the Reis Services segment and the Other segment. The following tables present condensed balance sheet and operating data for these segments:

(amounts in thousands)


Condensed Balance Sheet Data June 30, 2018	Reis Services		Other (A)		Consolidated

Assets
Current assets:
Cash and cash equivalents	$	14,453	$	596	$	15,049
Accounts receivable, net		9,958		—		9,958
Prepaid and other assets		811		29		840

Total current assets		25,222		625		25,847
Furniture, fixtures and equipment, net		4,478		—		4,478
Intangible assets, net		19,285		—		19,285
Deferred tax asset, net		285		11,399		11,684
Goodwill		57,203		(2,378)		54,825
Other assets		3,238		—		3,238

Total assets	$	109,711	$	9,646	$	119,357

Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—	$	—
Accrued expenses and other liabilities		3,753		1,072		4,825
Deferred revenue		25,890		—		25,890

Total current liabilities		29,643		1,072		30,715
Other long-term liabilities		2,531		—		2,531
Deferred tax liability, net		36,857		(36,857)		—

Total liabilities		69,031		(35,785)		33,246
Total stockholders’ equity		40,680		45,431		86,111

Total liabilities and stockholders’ equity	$	109,711	$	9,646	$	119,357


Condensed Balance Sheet Data December 31, 2017	Reis Services		Other (A)		Consolidated

Assets
Current assets:
Cash and cash equivalents	$	18,990	$	681	$	19,671
Accounts receivable, net		9,745		—		9,745
Prepaid and other assets		502		179		681

Total current assets		29,237		860		30,097
Furniture, fixtures and equipment, net		4,919		—		4,919
Intangible assets, net		19,474		—		19,474
Deferred tax asset, net		285		11,787		12,072
Goodwill		57,203		(2,378)		54,825
Other assets		217		—		217

Total assets	$	111,335	$	10,269	$	121,604

Liabilities and stockholders’ equity
Current liabilities:
Current portion of debt	$	—	$	—	$	—
Accrued expenses and other liabilities		3,421		729		4,150
Deferred revenue		26,534		—		26,534

Total current liabilities		29,955		729		30,684
Other long-term liabilities		2,447		—		2,447
Deferred tax liability, net		34,862		(34,862)		—

Total liabilities		67,264		(34,133)		33,131
Total stockholders’ equity		44,071		44,402		88,473

Total liabilities and stockholders’ equity	$	111,335	$	10,269	$	121,604

(A)	Includes cash, other assets and liabilities not specifically attributable to or allocable to the Reis Services segment.

(amounts in thousands)


Condensed Operating Data for the Three Months Ended June 30, 2018	Reis Services		Other (A)		Consolidated

Revenue:
Subscription revenue	$	11,521	$	—	$	11,521
Other revenue		463		—		463

Total revenue		11,984		—		11,984
Cost of sales		3,314		—		3,314

Gross profit		8,670		—		8,670
Operating expenses:
Sales and marketing		3,234		—		3,234
Product development		1,295		—		1,295
General and administrative expenses		2,865		1,828		4,693

Total operating expenses		7,394		1,828		9,222
Other income (expenses):
Interest and other income		(1)		1		—
Interest expense		(28)		—		(28)

Total other income (expenses)		(29)		1		(28)

Income (loss) before income taxes	$	1,247	$	(1,827)	$	(580)


Condensed Operating Data for the Three Months Ended June 30, 2017	Reis Services		Other (A)		Consolidated

Revenue:
Subscription revenue	$	11,429	$	—	$	11,429
Other revenue		280		—		280

Total revenue		11,709		—		11,709
Cost of sales		3,216		—		3,216

Gross profit		8,493		—		8,493
Operating expenses:
Sales and marketing		3,105		—		3,105
Product development		1,106		—		1,106
General and administrative expenses		2,728		985		3,713

Total operating expenses		6,939		985		7,924
Other income (expenses):
Interest and other income		—		1		1
Interest expense		(32)		—		(32)

Total other income (expenses)		(32)		1		(31)

Income (loss) before income taxes	$	1,522	$	(984)	$	538

(A)

Includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the Reis Services segment. During the 2018 period, this amount also includes $603,000 related to professional fees incurred related to the Company’s review of strategic alternatives.

(amounts in thousands)


Condensed Operating Data for the Six Months Ended June 30, 2018	Reis Services		Other (A)		Consolidated

Revenue:
Subscription revenue	$	23,078	$	—	$	23,078
Other revenue		686		—		686

Total revenue		23,764		—		23,764
Cost of sales		6,692		—		6,692

Gross profit		17,072		—		17,072
Operating expenses:
Sales and marketing		6,233		—		6,233
Product development		2,584		—		2,584
General and administrative expenses		5,906		3,266		9,172

Total operating expenses		14,723		3,266		17,989
Other income (expenses):
Interest and other income		(1)		2		1
Interest expense		(60)		—		(60)

Total other income (expenses)		(61)		2		(59)

Income (loss) before income taxes	$	2,288	$	(3,264)	$	(976)


Condensed Operating Data for the Six Months Ended June 30, 2017	Reis Services		Other (A)		Consolidated

Revenue:
Subscription revenue	$	23,008	$	—	$	23,008
Other revenue		827		—		827

Total revenue		23,835		—		23,835
Cost of sales		6,582		—		6,582

Gross profit		17,253		—		17,253
Operating expenses:
Sales and marketing		6,433		—		6,433
Product development		2,273		—		2,273
General and administrative expenses		5,612		2,221		7,833

Total operating expenses		14,318		2,221		16,539
Other income (expenses):
Interest and other income		1		1		2
Interest expense		(65)		—		(65)

Total other income (expenses)		(64)		1		(63)

Income (loss) before income taxes	$	2,871	$	(2,220)	$	651

(A)

Includes interest and other income, depreciation expense and general and administrative expenses that have not been allocated to the Reis Services segment. During the 2018 period, this amount also includes $775,000 related to professional fees incurred related to the Company’s review of strategic alternatives.