XML 49 R39.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents a summary of the revenues and Adjusted EBITDA of our two operating segments for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2025202420252024
Revenues:
Financial Health$54,284 $54,509 $110,417 $107,948 
Patient Care31,445 31,091 62,520 61,769 
Total revenues85,729 85,600 172,937 169,717 
Less:
Financial Health expenses:
Cost of revenues (excluding amortization and depreciation and stock compensation expense)$28,842 $30,162 $55,915 $59,685 
Product development (excluding stock compensation)3,002 1,904 6,111 4,331 
Sales and marketing (excluding stock compensation)5,029 5,012 8,859 9,295 
General and administrative expenses (excluding stock compensation)10,319 9,222 21,159 19,631 
Total Financial Health expenses$47,192 $46,300 $92,044 $92,942 
Patient Care expenses:
Cost of revenues (excluding amortization and depreciation and stock compensation expense)$11,790 $12,950 $24,031 $25,152 
Product development (excluding stock compensation)4,868 6,048 9,798 14,097 
Sales and marketing (excluding stock compensation)2,784 2,592 4,179 4,763 
General and administrative expenses (excluding stock compensation)5,352 4,266 10,911 8,995 
Total Patient Care expenses$24,794 $25,856 $48,919 $53,007 
Total segment expenses$71,986 $72,156 $140,963 $145,949 
Adjusted EBITDA by segment:
Financial Health7,092 8,209 18,373 15,006 
Patient Care6,651 5,235 13,601 8,762 
Total Adjusted EBITDA$13,743 $13,444 $31,974 $23,768 
Schedule of Reconciliation of Adjusted EBITDA to Income (Loss) Before Taxes
The following table reconciles Adjusted EBITDA to income (loss) before taxes:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2025202420252024
Total Adjusted EBITDA$13,743 $13,444 $31,974 $23,768 
Less:
Interest expense and other income2,929 4,151 6,340 8,051 
Depreciation expense312 400 603 800 
Amortization of software development costs3,245 5,980 6,316 8,722 
Amortization of acquisition-related intangibles3,046 3,126 6,098 6,253 
Stock-based compensation2,097 1,501 3,310 2,300 
Severance and other non-recurring charges1,416 4,586 3,860 8,430 
Gain on disposal of property and equipment— — (120)— 
Gain on sale of AHT— — (53)(1,250)
Income (loss) before taxes$698 $(6,300)$5,620 $(9,538)