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Segments (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Operating Segments | The Company eliminates intercompany transfers between segments for management reporting purposes. The following table shows information for reportable operating segments (in thousands): Schedule of Operating Segments
|  | Year ended December 31, 2024 |  |  | Year ended December 31, 2023 |
|  | Verification and Certification Segment |  |  | Professional Services Segment |  |  | Eliminations and Other |  |  | Consolidated Totals |  |  | Verification and Certification Segment |  |  | Professional Services Segment |  |  | Eliminations and Other |  |  | Consolidated Totals |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 1,947 |  |  | $ | 999 |  |  | $ | - |  |  | $ | 2,946 |  |  | $ | 1,947 |  |  | $ | 999 |  |  | $ | - |  |  | $ | 2,946 |
All other assets, net |  |  | (2,675 | ) |  |  | 2,705 |  |  |  | 12,330 |  |  |  | 12,360 |  |  |  | 3,501 |  |  |  | 2,707 |  |  |  | 7,132 |  |  |  | 13,340 |
Total assets |  | $ | (728 | ) |  | $ | 3,704 |  |  | $ | 12,330 |  |  | $ | 15,306 |  |  | $ | 5,448 |  |  | $ | 3,706 |  |  | $ | 7,132 |  |  | $ | 16,286 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Verification and certification service revenue |  | $ | 20,552 |  |  | $ | - |  |  | $ | - |  |  | $ | 20,552 |  |  | $ | 19,413 |  |  | $ | - |  |  | $ | - |  |  | $ | 19,413 |
Product sales |  |  | 3,803 |  |  |  | - |  |  |  | - |  |  |  | 3,803 |  |  |  | 4,001 |  |  |  | - |  |  |  | - |  |  |  | 4,001 |
Professional services |  |  | - |  |  |  | 1,391 |  |  |  | - |  |  |  | 1,391 |  |  |  | - |  |  |  | 1,721 |  |  |  | - |  |  |  | 1,721 |
Total revenues |  | $ | 24,355 |  |  | $ | 1,391 |  |  | $ | - |  |  | $ | 25,746 |  |  | $ | 23,414 |  |  | $ | 1,721 |  |  | $ | - |  |  | $ | 25,135 |
Costs of revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs of verification and certification services |  |  | 11,849 |  |  |  | - |  |  |  | - |  |  |  | 11,849 |  |  |  | 10,986 |  |  |  | - |  |  |  | - |  |  |  | 10,986 |
Costs of products |  |  | 2,313 |  |  |  | - |  |  |  | - |  |  |  | 2,313 |  |  |  | 2,272 |  |  |  | - |  |  |  | - |  |  |  | 2,272 |
Costs of professional services |  |  | - |  |  |  | 1,022 |  |  |  | - |  |  |  | 1,022 |  |  |  | - |  |  |  | 1,355 |  |  |  | - |  |  |  | 1,355 |
Total costs of revenues |  |  | 14,162 |  |  |  | 1,022 |  |  |  | - |  |  |  | 15,184 |  |  |  | 13,258 |  |  |  | 1,355 |  |  |  | - |  |  |  | 14,613 |
Gross profit |  |  | 10,193 |  |  |  | 369 |  |  |  | - |  |  |  | 10,562 |  |  |  | 10,156 |  |  |  | 366 |  |  |  | - |  |  |  | 10,522 |
Depreciation & amortization |  |  | 481 |  |  |  | 166 |  |  |  | - |  |  |  | 647 |  |  |  | 466 |  |  |  | 168 |  |  |  | - |  |  |  | 634 |
Other operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Salaries and benefits |  |  | 3,643 |  |  |  | 9 |  |  |  |  |  |  |  | 3,652 |  |  |  | 3,480 |  |  |  | 9 |  |  |  | - |  |  |  | 3,489 |
Rent and lease expense |  |  | 595 |  |  |  | 46 |  |  |  | - |  |  |  | 641 |  |  |  | 586 |  |  |  | 82 |  |  |  | - |  |  |  | 668 |
Software and technology |  |  | 792 |  |  |  | 38 |  |  |  | - |  |  |  | 830 |  |  |  | 742 |  |  |  | 34 |  |  |  | - |  |  |  | 776 |
Legal and professional expenses |  |  | 144 |  |  |  | 7 |  |  |  | 398 |  |  |  | 549 |  |  |  | 145 |  |  |  | 9 |  |  |  | 403 |  |  |  | 557 |
Tradeshows and marketing |  |  | 755 |  |  |  | 22 |  |  |  | - |  |  |  | 777 |  |  |  | 308 |  |  |  | 35 |  |  |  | - |  |  |  | 343 |
Conferences and training |  |  | 91 |  |  |  | 23 |  |  |  | - |  |  |  | 114 |  |  |  | 149 |  |  |  | 45 |  |  |  | - |  |  |  | 194 |
Investor relations |  |  | - |  |  |  | - |  |  |  | 128 |  |  |  | 128 |  |  |  | - |  |  |  | - |  |  |  | 194 |  |  |  | 194 |
Other expenses |  |  | 969 |  |  |  | 48 |  |  |  | - |  |  |  | 1,017 |  |  |  | 879 |  |  |  | 91 |  |  |  | - |  |  |  | 970 |
Total Other operating expenses |  |  | 6,989 |  |  |  | 193 |  |  |  | 526 |  |  |  | 7,708 |  |  |  | 6,289 |  |  |  | 305 |  |  |  | 597 |  |  |  | 7,191 |
Segment operating income/(loss) |  | $ | 2,723 |  |  | $ | 10 |  |  | $ | (526 | ) |  | $ | 2,207 |  |  | $ | 3,401 |  |  | $ | (107 | ) |  | $ | (597 | ) |  | $ | 2,697 |
Other items to reconcile segment operating income/(loss) to net income/(loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income/(loss) |  |  | 776 |  |  |  | (4 | ) |  |  | - |  |  |  | 772 |  |  |  | 374 |  |  |  | (6 | ) |  |  | - |  |  |  | 368 |
Income tax benefit/(expense) |  |  | - |  |  |  | - |  |  |  | (859 | ) |  |  | (859 | ) |  |  | - |  |  |  | - |  |  |  | (913 | ) |  |  | (913 | )
Net income/(loss) |  | $ | 3,499 |  |  | $ | 6 |  |  | $ | (1,385 | ) |  | $ | 2,120 |  |  | $ | 3,775 |  |  | $ | (113 | ) |  | $ | (1,510 | ) |  | $ | 2,152 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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