Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Information  
Schedule of operations of the company's reportable segment

The following table reflects results of operations of the Company’s reportable segment (in thousands):

    

Three months

    

Three months

ended

ended

March 31,

March 31,

2025

2024

Net revenue

$

629

$

255

Cost of net revenue

 

560

 

338

Salaries, benefits, and stock based compensation expense

 

3,558

 

2,284

Other segment expenses

 

3,621

 

1,771

Depreciation and amortization expense

 

2,321

 

20

Interest (expense), net

 

(120)

 

(1,265)

Other (expense) income, net

 

(12)

 

8,130

Income tax expense

 

 

Net (loss) income

$

(9,563)

$

2,707

Schedule of net revenue by geographic region

For the Three Months Ended

March 31, 

(in thousands)

    

2025

    

2024

Asia Pacific

$

365

$

88

North America

137

87

Europe

 

127

 

80

Total

$

629

$

255