Note 10 - Segment Information

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

10. SEGMENT INFORMATION

The Company operates as one operating segment. The Company's chief operating decision maker ("CODM") is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated operating margin and net income to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the determination of the rate at which the Company seeks to grow its operating margin and the allocation of resources between cost of revenues, marketing, development, and general and administrative expenses.

The following table presents selected financial information with respect to the Company’s single operating segment for the three months ended March 31, 2025 and 2024:

Three months ended March 31, (in thousands, except per share data):	2025			2024
Revenue	$	16,688		$	13,076
Less:
Cost of revenue		9,380			9,500
Marketing		136			114
General and administrative		1,794			1,427
Development		2,571			1,508
Operating Income		2,807			527
Operating Margin		16.8	%		4.0	%
Other income (expense)
Investment loss		(435	)		(204	)
Other income		137			256
Income before income taxes		2,509			579
Provision for income taxes		(603	)		(149	)
Net income	$	1,906		$	430