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SEGMENT AND GEOGRAPHIC DATA
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC DATA SEGMENT AND GEOGRAPHIC DATA
Segment Reporting

The Company manages its business primarily on a geographic basis, with three reportable segments: the Hudson regional businesses of Americas, Asia Pacific, and EMEA. The reportable segments are consistent with management's approach to segment reporting used by the Global Chief Executive Officer of Hudson Global Inc. and the Global Chief Executive Officer of Hudson RPO, who both serve as the Company’s Chief Operating Decision Maker, to assess segment performance and allocate resources. The Americas segment includes the United States and Canada. The EMEA segment includes the United Kingdom and countries across Continental Europe and the United Arab Emirates, while the Asia Pacific segment comprises Australia, New Zealand, and other countries in Asia. The Company evaluates the performance of its reportable segments using an EBITDA metric which is defined as earnings before interest, income taxes, depreciation, and amortization. In addition, certain corporate-related costs are not allocated to the segments. Each reportable segment generates its revenue through RPO services, consisting of recruitment and contracting solutions tailored to the individual needs of primarily mid-to-large-cap multinational companies.

Corporate expenses are reported separately for the three reportable segments and pertain to certain functions, such as executive management, corporate governance, investor relations, legal, accounting, tax, and treasury. A portion of these expenses are attributed to the reportable segments for providing the above services to them, and have been allocated to the segments as management service expenses, and are included in the segments’ non-operating other income (expense). We have disclosed for each reportable segment the significant expense that are reviewed by CODM in the tables below with no additional significant expenses beyond those presented. Segment information is presented in accordance with ASC 280, “Segment Reporting.” This standard is based on a management approach that requires segmentation based upon the Company’s internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. The Company’s financial reporting systems present various data for management to run the business, including internal profit and loss statements prepared on a basis not consistent with U.S. GAAP. Accounts receivable and long-lived assets are the only significant assets separated by segment for internal reporting purposes.
    
AmericasAsia PacificEMEACorporateInter-segment eliminationTotal
For the Year Ended December 31, 2024      
Revenue, from external customers$27,894 $86,704 $25,458 $— $— $140,056 
Inter-segment revenue210 41 — (255)— 
Total revenue$28,104 $86,708 $25,499 $— $(255)$140,056 
Adjusted net revenue, from external customers (a)
$25,144 $29,416 $15,592 $— $$70,152 
Inter-segment adjusted net revenue206 (226)19 — — 
Total adjusted net revenue$25,350 $29,190 $15,611 $— $$70,152 
Salaries and related$(19,603)$(23,773)$(13,567)$(1,366)$— $(58,309)
EBITDA (loss), unaudited (b)
$339 $482 $298 $(3,588)$— $(2,469)
Depreciation and amortization(1,163)(161)(26)(11)— (1,361)
Interest income, net— — 351 — 360 
Intercompany interest (expense) income, net— (529)— 529 — — 
Provision for income taxes(126)(364)(752)(58)— (1,300)
Net loss$(950)$(563)$(480)$(2,777)$— $(4,770)
As of December 31, 2024
Accounts receivable, net$4,740 $9,254 $6,099 $— $— $20,093 
Long-lived assets, net of accumulated depreciation and amortization (c)
$6,640 $1,744 $26 $26 $— $8,436 
Total assets$14,455 $21,425 $9,393 $7,310 $— $52,583 
AmericasAsia PacificEMEACorporateInter-segment eliminationTotal
For the Year Ended December 31, 2023      
Revenue, from external customers$31,254 $103,857 $26,227 $— $— $161,338 
Inter-segment revenue326 — (27)— (299)— 
Total revenue$31,580 $103,857 $26,200 $— $(299)$161,338 
Adjusted net revenue, from external customers (a)
$30,141 $33,675 $16,451 $— $— $80,267 
Inter-segment adjusted net revenue326 (208)(84)— (34)— 
Total adjusted net revenue$30,467 $33,467 $16,367 $— $(34)$80,267 
Salaries and related$(25,224)$(23,467)$(12,848)$(1,320)$— $(62,859)
EBITDA (loss), unaudited (b)
$(704)$5,859 $1,582 $(3,074)$— $3,663 
Depreciation and amortization(1,282)(146)(29)(10)— (1,467)
Interest income, net— (1)371 — 372 
Intercompany interest (expense) income, net— (505)— 505 — — 
(Provision for) benefit from income taxes83 (1,524)724 347 — (370)
Net income (loss)$(1,903)$3,686 $2,276 $(1,861)$— $2,198 
As of December 31, 2023      
Accounts receivable, net$5,502 $9,280 $4,928 $— $— $19,710 
Long-lived assets, net of accumulated depreciation and amortization (c)
$7,773 $1,954 $33 $38 $— $9,798 
Total assets$17,632 $23,604 $11,064 $8,658 $— $60,958 

(a) Adjusted net revenue are net of the Direct contracting costs and reimbursed expenses caption on the Consolidated Statements of Operations. Direct contracting costs and reimbursed expenses include the direct staffing costs of salaries, payroll taxes, employee benefits, travel expenses, and insurance costs for the Company’s contractors and reimbursed out-of-pocket expenses and other direct costs. The region where services are provided, the mix of RPO and contracting, and the functional nature of the staffing services provided can affect operating income and EBITDA. The
salaries, commissions, payroll taxes, and employee benefits related to recruitment professionals are included under the caption “Salaries and related” in the Consolidated Statements of Operations.

(b)SEC Regulation S-K 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company’s operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company’s profitability.

(c)Comprised of property and equipment, intangible assets and goodwill, net of accumulated depreciation and amortization.

Geographic Data Reporting
A summary of revenues for the years ended December 31, 2024 and 2023 and net assets by geographic area as of December 31, 2024 and 2023 were as follows:
Information by geographic regionAustraliaUnited KingdomUnited StatesOtherTotal
For the Year Ended December 31, 2024
Revenue (a)
$70,674 $22,900 $26,577 $19,905 $140,056 
For the Year Ended December 31, 2023
Revenue (a)
$92,505 $24,810 $29,333 $14,690 $161,338 
As of December 31, 2024     
Long-lived assets, net (b)
$20 $16 $6,667 $1,733 $8,436 
Net assets$7,788 $3,076 $17,066 $12,498 $40,428 
As of December 31, 2023
Long-lived assets, net (b)
$49 $33 $7,811 $1,905 $9,798 
Net assets$9,634 $5,084 $22,585 $11,251 $48,554 
  
(a)     Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

(b) Comprised of property and equipment, intangible and goodwill, net of accumulated depreciation and amortization.