Company: ACCS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001683168-25-008214
Chunk: 11

Company: ACCESS Newswire Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 11
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 details of income from discontinued operations for the three and nine months ended September 30, 2025
and 2024 as presented in the Consolidated Statement of Operations (in thousands):

    Schedule of income from discontinued operations 

    For the Three Months Ended  
    For the Nine Months Ended 

    September 30,  
    September 30,  
    September 30,  
    September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues 
    $–  
    $1,315  
    $650  
    $4,371 
  
    Cost of revenues 
     –  
     371  
     315  
     1,294 
  
    Gross profit 
     –  
     944  
     335  
     3,077 
  
    Operating costs and expenses: 

    General and administrative 
     –  
     116  
     560  
     438 
  
    Sales and marketing expenses 
     –  
     26  
     17  
     78 
  
    Depreciation and amortization 
     –  
     42  
     28  
     126 
  
    Total operating costs and expenses 
     –  
     184  
     605  
     642 
  
    Operating income (loss) 
     –  
     760  
     (270) 
     2,435 
  
    Interest income 
     –  
     5  
     8  
     22 
  
    Other income 
     –  
     –  
     8,974  
     – 
  
    Income  before taxes 
     –  
     765  
     8,712  
     2,457 
  
    Income tax expense 
     –  
     361  
     2,796  
     719 
  
    Net income  from continuing discontinued 
    $–  
    $404  
    $5,916  
    $1,738 

The
following table presents the significant non-cash items related to discontinued operations for the nine-month periods ended September
30, 2025 and 2024 that