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Note 15 - Segment Information
 12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

15. Segment Information

 

The Company operates in the following segments: (i) TalentAlly Network, which maintains and operates job board software and hosts career fairs, (ii) NAPW Network, a professional networking organization that addresses personal and professional development opportunities for women, (iii) RemoteMore (beginning in fiscal 2021) which provides companies with talented engineers to provide solutions to their software needs and (iv) Corporate Overhead. 

 

The Company's CEO and CFO comprise the executive committee. The responsibility of the executive committee is to collectively assess performance and make resource allocation decisions related to the entity’s operating segments. The CEO operates more as a strategic decision maker for the organization as a whole. The executive committee is the CODM because the committee is the highest level of management that performs these functions.

 

The following tables present key financial information of the Company’s reportable segments as of and for the years ended December 31, 2024, and 2023:

 

  

Year Ended December 31, 2024

 
  

TalentAlly

  

NAPW

      

Corporate

     
  

Network

  

Network

  

RemoteMore

  

Overhead

  

Consolidated

 

Membership fees and related services

 $-  $428,612  $-  $-  $428,612 

Recruitment services

  4,434,235   -   -   -   4,434,235 

Contracted software development

  -   -   1,830,018   -   1,830,018 

Consumer advertising and marketing solutions

  37,740   -   -   -   37,740 

Total revenues

  4,471,975   428,612   1,830,018   -   6,730,605 

Income (loss) from continuing operations

  (41,847)  (145,273)  (313,757)  (1,904,268)  (2,405,145)

Depreciation and amortization

  145,270   56,695   1,836   -   203,801 

Income tax expense (benefit)

  5,471   -   850   -   6,321 

Net income (loss) from continuing operations

  (228,684)  (146,535)  (316,200)  (1,904,268)  (2,595,687)

 

  

As of December 31, 2024

 

Goodwill

 $465,752  $-  $952,001  $-  $1,417,753 

Intangibles assets, net

  134,733   -   -   -   134,733 

Assets from continuing operations, net of eliminations

  8,793,043   30,342   (841,584)  -   7,981,801 

 

  

Year Ended December 31, 2023

 
  

TalentAlly

  

NAPW

      

Corporate

     
  

Network

  

Network

  

RemoteMore

  

Overhead

  

Consolidated

 

Membership fees and related services

 $-  $530,745  $-  $-  $530,745 

Recruitment services

  4,639,642   -   -   -   4,639,642 

Contracted software development

  -   -   2,437,352   -   2,437,352 

Consumer advertising and marketing solutions

  91,298   -   -   -   91,298 

Total revenues

  4,730,940   530,745   2,437,352   -   7,699,037 

Income (loss) from continuing operations

  (1,484,970)  (431,331)  (281,054)  (2,341,196)  (4,538,551)

Depreciation and amortization

  542,831   79,786   1,387   -   624,004 

Income tax expense (benefit)

  (48,466)  (15,873)  850   (75,891)  (139,380)

Net income (loss) from continuing operations

  (1,429,033)  (414,121)  (277,778)  (2,265,305)  (4,386,237)

 

  

As of December 31, 2023

 

Goodwill

 $465,752  $-  $952,001  $-  $1,417,753 

Intangibles assets, net

  168,067   57,156   625   -   225,848 

Assets from continuing operations, net of eliminations

  6,915,583   87,231   (676,282)  -   6,326,532