For the Three Months Ended March 31,

(in thousands, except per share data)

2025

2024

(unaudited)

Revenues, net

$

23,840

$

21,314

Cost of revenues

2,935

3,132

Gross profit

20,905

18,182

Operating expenses:

   Selling and operating

20,022

17,407

   Corporate, general and administration

1,897

1,629

Total operating expenses

21,919

19,036

Loss from operations

(1,014

)

(854

)

Interest and other expense, net

(136

)

(108

)

Loss before income taxes

(1,150

)

(962

)

Income tax (benefit) expense

48

—

Loss from continuing operations

(1,198

)

(962

)

Loss from discontinued operations

(21

)

(9

)

Net loss

(1,219

)

(971

)

Net (loss) income attributable to noncontrolling interests

(205

)

74

Net loss attributable to common shareholders

$

(1,014

)

$

(1,045

)