Sale of InStore Marketing Business and Presentation as Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2024

Sale of InStore Marketing Business and Presentation as Discontinued Operations

Summary of balance sheet adjustments

	June 30, 2024		December 31, 2023
Current Assets:
Accounts receivable, net	$	-	$	292,000
Current assets related to discontinued operations	$	-	$	292,000
Current Liabilities:
Accounts payable	$	-	$	7,000
Accrued sales tax		63,000		169,000
Other accrued liabilities		21,000		81,000
Current liabilities related to discontinued operations	$	84,000	$	257,000

Summary of operations adjustments

	Three Months Ended		Six Months Ended
	June 30, 2023		June 30, 2023
Net service revenues	$	6,211,000	$	19,042,000
Cost of services		4,588,000		14,499,000
Gross Profit		1,623,000		4,543,000
Operating Expenses:
Selling		361,000		725,000
Marketing		300,000		596,000
General and administrative		572,000		665,000
Total Operating Expenses		1,233,000		1,986,000
Operating (Loss) Income	$	390,000	$	2,557,000
Other Income		-		9,000
Income from discontinued operations before income taxes		390,000		2,566,000
Income tax benefit		-		-
Income from discontinued operations, net of tax	$	390,000	$	2,566,000