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Segments
 6 Months Ended
Jun. 30, 2023
Segments [Abstract]  
Segments

Note 18 — Segments

The Company’s operations consist of three reportable segments based on similar economic characteristics, the nature of products and production processes, end-use markets, channels of distribution, and regulatory environments: Indoor Intelligence, SAVES, and Shoom.

The Company completed the Enterprise Apps Spin-off during the three months ended March 31, 2023. Design Reactor was entirely part of the Indoor Intelligence business segment. As a result, the Company met the requirements of ASC 205-20 to report the results of the Design Reactor business as discontinued operations. The operating results for Design Reactor have been reclassified to discontinued operations and are no longer reported in the Indoor Intelligence business segment. See Note 24 for further details. There were no changes to the Company’s reportable segments as result of the Enterprise Apps Spin-off.

Gross profit is the primary measure of segment profitability used by the Company’s Chief Operating Decision Maker (“CODM”).

Revenues and gross profit segments consisted of the following (in thousands):

  

For the Three Months Ended
June 30,

  

For the Six Months Ended
June 30,
   

2023

  

2022

  

2023

  

2022

Revenue by Segment

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Indoor Intelligence

  

$

840

 

  

$

1,337

 

  

$

2,749

 

  

$

2,734

 

SAVES

  

 

743

 

  

 

727

 

  

 

1,461

 

  

 

1,461

 

Shoom

  

 

474

 

  

 

512

 

  

 

951

 

  

 

1,030

 

Total segment revenue

  

$

2,057

 

  

$

2,576

 

  

$

5,161

 

  

$

5,225

 
   

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Gross profit by Segment

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Indoor Intelligence

  

$

597

 

  

$

804

 

  

$

1,891

 

  

$

1,741

 

SAVES

  

 

655

 

  

 

481

 

  

 

1,274

 

  

 

974

 

Shoom

  

 

415

 

  

 

435

 

  

 

816

 

  

 

857

 

Gross profit by Segment

  

$

1,667

 

  

$

1,720

 

  

$

3,981

 

  

$

3,572

 
   

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Income (loss) from operations by Segment

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Indoor Intelligence

  

$

(6,733

)

  

$

(8,646

)

  

$

(14,849

)

  

$

(17,660

)

Saves

  

 

(144

)

  

 

(975

)

  

 

(439

)

  

 

(1,379

)

Shoom

  

 

220

 

  

 

248

 

  

 

449

 

  

 

428

 

Loss from operations by Segment

  

$

(6,657

)

  

$

(9,373

)

  

$

(14,839

)

  

$

(18,611

)

The reporting package provided to the Company’s CODM does not include the measure of assets by segment as that information isn’t reviewed by the CODM when assessing segment performance or allocating resources.