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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
NET REVENUE $ 5,435 $ 5,604 $ 16,546 $ 16,600
COST OF REVENUE [1] 3,540 3,558 10,301 11,447
GROSS PROFIT 1,895 2,046 6,245 5,153
OPERATING EXPENSES        
Segment management and Technology [1] 1,329 1,341 4,189 3,697
General and administrative [1] 778 1,178 2,780 3,393
Research and development 5 5 65 23
Sales and marketing [1] 401 377 999 1,403
Goodwill and Intangible asset impairment 2,252 2,265 34
Total Operating expenses 4,765 2,901 10,298 8,550
LOSS BEFORE OTHER INCOME (EXPENSE) (2,870) (855) (4,053) (3,397)
OTHER (EXPENSE) INCOME        
Interest expenses, net (29) (39) (109) (127)
Unrealized loss on equity investment (2)
Change in fair value of contingent consideration 475 (36) 839 136
Other expense, net (2)
TOTAL OTHER INCOME (EXPENSE), NET 446 (75) 730 5
NET LOSS $ (2,424) $ (930) $ (3,323) $ (3,392)
LOSS PER SHARE        
BASIC $ (0.23) $ (0.09) $ (0.32) $ (0.35)
DILUTED $ (0.23) $ (0.09) $ (0.32) $ (0.35)
WEIGHTED AVERAGE COMMON SHARE OUTSTANDING        
BASIC 10,603,747 9,879,202 10,306,392 9,732,619
DILUTED 10,603,747 9,879,202 10,306,392 9,732,619
[1] Includes share-based compensation of $486 thousand and $1,183 thousand for the three and nine months ended September 30, 2024, respectively, and $498 thousand and $1,099 thousand for the three and nine months ended September 30, 2023, respectively.