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Note 9 - Segment Information
 9 Months Ended
Sep. 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 (Loss). Other segment items within net (loss) income include interest expense, other expense, net, and income tax (benefit) 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):

 

 

  

September 30,

  

December 31,

 
  

2025

  

2024

 

Long lived assets:

        

United States

 $5,889  $4,014 

Canada

  380   465 

Total long lived assets

 $6,269  $4,479 

 

 

Geographic Data (dollars in thousands)

 

  

Three Months Ended September 30,

  

Nine Months Ended September 30,

 
  

2025

  

2024

  

2025

  

2024

 
      

% of

      

% of

      

% of

      

% of

 
   Net   consolidated   Net   consolidated   Net   consolidated   Net   consolidated 
   Revenues   net revenue   Revenues   net revenue   Revenues   net revenue   Revenues   net revenue 

United States

 $38,171   92.2% $28,768   76.1% $104,306   91.4% $90,583   69.4%

South Africa

  -   -   -   0.0%  -   -   8,277   6.3%

Mexico

  -   -   3,196   8.5%  -   -   9,723   7.4%

China

  -   -   -   0.0%  -   -   2,698   2.1%

Japan

  -   -   908   2.4%  -   -   3,778   2.9%

Canada

  3,245   7.8%  3,529   9.3%  9,781   8.6%  10,698   8.2%

India

  -   -   1,387   3.7%  -   -   4,829   3.7%

Total net revenue

 $41,416   100.0% $37,788   100.0% $114,087   100.0% $130,586   100.0%