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Segment Data
3 Months Ended
Mar. 31, 2024
Segment Data

14. Segment Data.

 

With the Bloomia Acquisition that was completed on February 22, 2024, the Company has two operating and reportable segments: Bloomia and Lending, both of which are described in note 1. The Company's remaining activities are presented as “Corporate“. The Company's Corporate activities consist of corporate transaction expenses, certain corporate fees and expenses, interest expense, and management compensation.

 

The following table presents summarized financial information concerning the Company’s reportable business segments and Other activities:

   

Three months ended March 31, 2024

 

Bloomia

 

 

Lending

 

 

Corporate

 

 

Total

 

Revenue, net

 

$8,033,000

 

 

$-

 

 

$-

 

 

$8,033,000

 

Income (loss) from continuing operations before income taxes

 

 

1,091,000

 

 

 

(325,000)

 

 

(2,449,000)

 

 

(1,683,000)

Total assets

 

$102,981,000

 

 

$2,049,000

 

 

$1,794,000

 

 

$106,824,000