Segment and Geographic Information

9 Months Ended

Sep. 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 nine months ended September 30, 2025 and 2024:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
(in thousands, except per share data)	2025			2024			2025			2024
	(unaudited)						(unaudited)
Revenues, net	$	24,984		$	22,028		$	73,456		$	65,197
Cost of revenues		3,410			3,071			9,629			9,589
Gross profit		21,574			18,957			63,827			55,608
Operating expenses:
Selling and operating		20,578			18,106			61,233			53,987
Corporate, general and administration		2,237			2,013			7,043			5,630
Total operating expenses		22,815			20,119			68,276			59,617
Loss from operations		(1,241	)		(1,162	)		(4,449	)		(4,009	)
Interest and other expense, net		22			(144	)		9			(396	)
Loss before income taxes		(1,219	)		(1,306	)		(4,440	)		(4,405	)
Income tax expense		12			—			61			—
Loss from continuing operations		(1,231	)		(1,306	)		(4,501	)		(4,405	)
Loss from discontinued operations		(63	)		(194	)		(59	)		(229	)
Net loss		(1,294	)		(1,500	)		(4,560	)		(4,634	)
Net (loss) income attributable to noncontrolling interests		(141	)		(308	)		(592	)		(204	)
Net loss attributable to common shareholders	$	(1,153	)	$	(1,192	)	$	(3,968	)	$	(4,430	)

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, which are determined based on the member's billing location.

The following represents geographical data for our operations:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2025		2024		2025		2024
Revenue:
United States	$	13,858	$	12,363	$	42,813	$	36,899
International		11,126		9,665		30,643		28,298
	$	24,984	$	22,028	$	73,456	$	65,197