Segment Information and Geographic Information

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Segment Information and Geographic Information

15. Segment Information and Geographic Information

As discussed in Note 2, our chief operating decision maker reviews operating results on a consolidated basis and we, therefore, have one reportable segment.

The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2024 and 2023:

	Years Ended December 31,
(in thousands, except per share data)	2024			2023
Revenues, net	$	90,363		$	80,423
Cost of revenues		12,553			11,629
Gross profit		77,810			68,794
Operating Expenses:
Selling and operating		75,982			67,156
Corporate, general and administration		7,761			6,205
Total operating expenses		83,743			73,361
Loss from operations		(5,933	)		(4,567	)
Equity method investment loss		—			(501	)
Interest and other income (expense), net		501			(467	)
Loss before income taxes		(5,432	)		(5,535	)
Income tax (benefit) expense		(34	)		60
Net loss	$	(5,398	)	$	(5,595	)
Net (loss) income attributable to noncontrolling interests	$	(165	)	$	207
Net loss attributable to common shareholders	$	(5,233	)	$	(5,802	)

See the consolidated financial statements for other financial information regarding the Company’s operating segment.

Geographic Information

We have members in the United States and over 185 foreign countries. The major geographic territories are the U.S., Canada and Australia based on the billing location of the member.

The following represents geographical data for our operations:

	For the Years Ended December 31,
(in thousands)	2024		2023
Revenue:
United States	$	50,252	$	44,104
International		40,111		36,319
	$	90,363	$	80,423