SEGMENT RESULTS

6 Months Ended

Jun. 30, 2023

SEGMENT RESULTS [Abstract]

SEGMENT RESULTS

Note 14
SEGMENT RESULTS

The Company provides innovative solutions, proprietary data and predictive analytics to optimize the operational, clinical and financial performance of its customers.

ASC 280 requires that public companies report profits and losses and certain other information on their “reportable operating segments” in their annual and interim financial statements. The internal organization used by the public company’s Chief Operating Decision Maker (CODM) to assess performance and allocate resources determines the basis for reportable operating segments. The Company’s CODM is the Chief Executive Officer. The CODM evaluates financial performance based on revenues and operating income.

As discussed above, the Company disposed of its businesses servicing the cannabis industry in 2023, and has reclassified their historical results as discontinued operations. As such, the Company’s continuing operations are comprised of a single reportable segment providing analytic and information services to the healthcare and related industries.