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Segment and Geographical Information
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment and Geographical Information

Note 6 – Segment and Geographical Information

 

The Company’s security solutions are substantially similar in nature and as a result the Company operates as one operating and reportable segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s Chief Executive Officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the financial information presented on a consolidated basis for the purposes of making operating decisions, assessing financial performance and allocating resources. The CODM evaluates performance based on income (loss) from operations, which is calculated as revenues less cost of sales and operating expenses. This measure excludes interest income (expense), other income (expense) and income taxes. The CODM reviews income (loss) from operations on a monthly basis to assess the Company’s ability to generate earnings from its core activities and to monitor operating efficiency. This analysis includes comparisons of current results to budgeted amounts, prior periods and internal forecasts. Based on these evaluations, the CODM determines whether to adjust operating plans, modify pricing strategies, implement cost-control initiatives or adjust resource levels in specific functional areas. In addition, the CODM uses income (loss) from operations to make decisions about the allocation of resources, including approving capital expenditures, prioritizing research and development initiatives, adjusting headcount in specific departments and determining marketing spend. The CODM also considers this measure when evaluating the performance of the management team and establishing annual incentive compensation targets. Income/loss from operations is the Company’s primary measure of profit or loss, and all costs and expenses categories on the Company’s consolidated statement of operations, as well as stock-based compensation, depreciation and amortization expenses, are significant. Refer to Note 12 for additional information about the Company’s stock-based compensation expense.

 

Revenue by geographic area is designated based upon the billing location of the customer as follows (in thousands):

 

Schedule of Revenue by Geographic Area 

   2025   2024 
  

Years Ended

December 31,

 
   2025   2024 
United States  $9,924   $9,736 
Isreal   34     
France   14     
Total property and equipment  $9,972   $9,736 

 

 

OUR BOND INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

 

Property and equipment by geographic areas was as follows (in thousands):

 

   2025   2024 
  

Years Ended

December 31,

 
   2025   2024 
United States  $18   $29 
Isreal   68    76 
Total property and equipment  $86   $105