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Note 9 - Segment Information
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

9.

Segment Information

 

The Company operates as one operating segment. The Company's chief operating decision maker (“CODM”) is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated revenues, gross margin, operating income and net income to assess financial performance and allocate resources. Significant expenses within operating income, as well as within net income, include field management costs, direct expenses, and selling, general and administrative expenses, which are each separately presented on the Company’s Condensed Consolidated Statements of Operations and Comprehensive Income. Other segment items within net income include interest expense, other (income) expense, net, and income tax expense. Total consolidated assets on the Company's Condensed Consolidated Balance Sheets are equal to segment assets.

 

Long-lived assets of the Company as of the periods presented were (in thousands):

 

 

  

June 30,

  

December 31,

 
  

2025

  

2024

 

Long lived assets:

        

United States

 $4,858  $4,014 

Canada

  418   465 

Total long lived assets

 $5,276  $4,479 

 

 

Geographic Data (in thousands)

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2025

  

2024

  

2025

  

2024

 
      

% of

      

% of

      

% of

      

% of

 
      

consolidated

      

consolidated

      

consolidated

      

consolidated

 
      

net revenue

      

net revenue

      

net revenue

      

net revenue

 

United States

 $35,258   91.3% $32,993   76.0% $66,135   91.0% $61,816   66.6%

South Africa

  -   -   -   0.0%  -   -   8,277   8.9%

Mexico

  -   -   3,260   7.5%  -   -   6,527   7.0%

China

  -   -   -   0.0%  -   -   2,698   2.9%

Japan

  -   -   1,452   3.3%  -   -   2,870   3.1%

Canada

  3,371   8.7%  3,900   9.0%  6,536   9.0%  7,169   7.7%

India

  -   -   1,797   4.2%  -   -   3,442   3.8%

Total net revenue

 $38,629   100.0% $43,402   100.0% $72,671   100.0% $92,799   100.0%