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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2024
SEGMENT INFORMATION  
Summary of segment information

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

(in thousands)

 

 

 

 

 

 

Net sales

 

$21,769

 

 

$28,064

 

Cost of goods sold

 

 

10,163

 

 

 

11,878

 

Gross margin

 

 

11,606

 

 

 

16,186

 

Operating Expenses:

 

 

 

 

 

 

 

 

Employee expenses

 

 

9,715

 

 

 

9,840

 

Customer acquisition costs

 

 

1,268

 

 

 

1,916

 

Professional and outside services

 

 

2,025

 

 

 

2,133

 

Occupancy costs (OPEX portion)

 

 

787

 

 

 

761

 

Depreciation & amortization

 

 

540

 

 

 

597

 

Other

 

 

309

 

 

 

491

 

Total operating expense

 

 

14,644

 

 

 

15,738

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$(3,038)

 

$448