Segment and Geographic Information

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Segment and Geographic Information

9. Segment and Geographic Information

Our chief operating decision maker, Kiersten Medvedich, Chief Executive Officer, reviews operating results on a consolidated basis and has determined that we have one reportable segment.

The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2025 and 2024:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in thousands, except per share data)	2025			2024			2025			2024
	(unaudited)						(unaudited)
Revenues, net	$	24,632		$	21,856		$	48,472		$	43,169
Cost of revenues		3,285			3,385			6,220			6,518
Gross profit		21,347			18,471			42,252			36,651
Operating expenses:
Selling and operating		20,634			18,476			40,656			35,881
Corporate, general and administration		2,909			1,988			4,806			3,617
Total operating expenses		23,543			20,464			45,462			39,498
Loss from operations		(2,196	)		(1,993	)		(3,210	)		(2,847	)
Interest and other expense, net		124			(144	)		(12	)		(252	)
Loss before income taxes		(2,072	)		(2,137	)		(3,222	)		(3,099	)
Income tax expense		1			—			49			—
Loss from continuing operations		(2,073	)		(2,137	)		(3,271	)		(3,099	)
Loss from discontinued operations		26			(26	)		5			(35	)
Net loss		(2,047	)		(2,163	)		(3,266	)		(3,134	)
Net (loss) income attributable to noncontrolling interests		(246	)		30			(451	)		104
Net loss attributable to common shareholders	$	(1,801	)	$	(2,193	)	$	(2,815	)	$	(3,238	)

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 Three Months Ended June 30,				For the Six Months Ended June 30,
(in thousands)	2025		2024		2025		2024
Revenue:
United States	$	14,734	$	12,390	$	28,955	$	24,536
International		9,898		9,466		19,517		18,633
	$	24,632	$	21,856	$	48,472	$	43,169