Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Segment Reporting Information

Certain information concerning the Company’s segments for the years ended December 31, 2023 and 2022 is presented in the following tables (in thousands):


	Year Ended December 31, 2023
	Managed Services			Collaboration Products			Corporate			Total
Revenue	$	2,518		$	1,292		$	—		$	3,810
Cost of revenues	1,671			1,228			—			2,899
Gross profit	$	847		$	64		$	—		$	911
Gross profit %	34		%	5		%	—		%	24		%

Allocated operating expenses	$	3		$	481		$	—		$	484
Unallocated operating expenses	—			—			4,922			4,922
Total operating expenses	$	3		$	481		$	4,922		$	5,406

Income (loss) from operations	$	844		$	(417)		$	(4,922)		$	(4,495)
Interest and other income, net	—			—			(138)			(138)
Income (loss) before income taxes	$	844		$	(417)		$	(4,784)		$	(4,357)
Income tax expense	$	11		$	16		$	—		$	27
Net income (loss)	$	833		$	(433)		$	(4,784)		$	(4,384)

	As of December 31, 2023
Total assets	$	367		$	568		$	5,990		$	6,925


	Year Ended December 31, 2022
	Managed Services			Collaboration Products			Corporate			Total
Revenue	$	3,348		$	2,128		$	—		$	5,476
Cost of revenues	2,273			1,657			—			3,930
Gross profit	$	1,075		$	471		$	—		$	1,546
Gross profit %	32.1		%	22.1		%	—		%	28.2		%

Allocated operating expenses	$	19		$	18,355		$	—		$	18,374
Unallocated operating expenses	—			—			5,160			5,160
Total operating expenses	$	19		$	18,355		$	5,160		$	23,534

Income (loss) from operations	$	1,056		$	(17,884)		$	(5,160)		$	(21,988)
Interest and other (income) expense, net	12			(52)			—			(40)
Income (loss) before income taxes	$	1,044		$	(17,832)		$	(5,160)		$	(21,948)
Income tax benefit	$	(4)		$	(3)					$	(7)
Net income (loss)	$	1,048		$	(17,829)		$	(5,160)		$	(21,941)

	As of December 31, 2022
Total assets	$	752		$	1,824		$	3,085		$	5,661

Concentration of revenues was as follows:


		Year Ended December 31, 2023
		2023		2022
	Segment	% of Revenue		% of Revenue
Customer A	Managed Services	55.9	%	46.8	%

Concentration of accounts receivable was as follows:


		As of December 31,
		2023		2022
	Segment	% of Accounts Receivable		% of Accounts Receivable
Customer A	Managed Services	38.2	%	42.8	%
Customer B	Collaboration Products	46.8	%	22.0	%

Schedule of Revenue from External Customers by Geographic Areas

Revenue by geographic area is allocated as follows (in thousands):


	Year Ended December 31,
	2023		2022
Domestic	$	1,843	$	2,781
Foreign	1,967		2,695
	$	3,810	$	5,476

Schedule of Disaggregated Revenue Information

Disaggregated information for the Company’s revenue has been recognized in the accompanying consolidated statements of operations and is presented below according to contract type (dollars in thousands):


	Year Ended December 31,
	2023		% of Revenue		2022		% of Revenue
Revenue: Managed Services
Video collaboration services	$	183	4.8	%	$	334	6.1	%
Network services	2,301		60.4	%	2,954		53.9	%
Professional and other services	34		0.9	%	60		1.1	%
Total Managed Services revenue	$	2,518	66.1	%	$	3,348	61.1	%

Revenue: Collaboration Products
Visual collaboration product offerings	$	1,291	33.9	%	$	2,114	38.6	%

Licensing	1		—	%	14		0.3	%
Total Collaboration Products revenue	$	1,292	33.9	%	$	2,128	38.9	%
Total revenue	$	3,810	100.0	%	$	5,476	100.0	%