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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Financial Information with Respect of Single Operating 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

)

Geographical Data for Operations

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