Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Financial Information for Companies Reportable Segments

The tables below summarize the financial information for the Company’s reportable segments for the three months ended March 31, 2019 and 2018 (in thousands). The “Corporate Unallocated Expenses” category, as it relates to Segment Adjusted EBITDA, primarily includes corporate overhead costs, such as rent, payroll and related benefit costs and professional services which are not directly attributable to any individual segment.

	Three Months Ended
	March 31, 2019
	Revenue		Cost of revenue ¹		Segment Adjusted EBITDA
Software & Services	$	11,158	$	3,503	$	2,794
Portal & Advertising		20,666		13,003		2,621
Corporate Unallocated Expenses		—		—		(3,711	)
Total Company	$	31,824	$	16,506	$	1,704

	Three Months Ended
	March 31, 2018
	Revenue		Cost of revenue ¹		Segment Adjusted EBITDA
Software & Services	$	10,685	$	3,108	$	2,497
Portal & Advertising		22,230		12,427		3,048
Corporate Unallocated Expenses		—		—		(4,934	)
Total Company	$	32,915	$	15,535	$	611

Notes:

1 Exclusive of depreciation and amortization shown separately on the condensed consolidated statements of operations

Reconciliation of Total Segment Adjusted EBITDA to Net Loss

The following table reconciles total Segment Adjusted EBITDA to Net loss:

	Three Months Ended
	March 31,
	2019			2018
	(in thousands)
Total Segment Adjusted EBITDA	$	1,704		$	611
Less:
Provision for income taxes		(277	)		(20	)
Interest expense		(64	)		(97	)
Other income, net		216			119
Depreciation and amortization		(2,487	)		(2,435	)
Capitalized software impairment		(226	)		—
Stock-based compensation expense		(331	)		(553	)
Certain legal expenses *		(266	)		—
Certain professional services fees**		(513	)		—
Net loss	$	(2,244	)	$	(2,375	)

*	"Certain legal expenses" include legal fees and other related expenses associated with legal proceedings outside the ordinary course of our business, including the class action securities litigation, and arbitration costs related to the dissolution of a former joint venture.

**	“Certain professional services fees” includes fees and expenses related to merger and acquisition activities.