Company: ACCS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000843006-25-000012
Chunk: 158

Company: ACCESS Newswire Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 10
Chunk 158
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 may be involved in litigation that arises through the normal course of business. The Company is neither a party to any litigation nor is aware of any such threatened or pending litigation that might result in a material adverse effect to the Company’s business.

Note 12: Segment Reporting Operating segments are components of an enterprise about which separate financial information is available and is evaluated periodically by management, namely the Chief Operating Decision Maker (“CODM”) of an organization, in order to determine operating and resource allocation decisions. By this definition, the Company has identified its CEO as the CODM. The Company considers itself to be in a single reportable segment under the authoritative guidance for segment reporting, specifically a communications company for publicly traded and private companies. The CODM uses operating income to evaluate our capital allocation, which could be re-investing income back into the Company, executing a share-repurchase, paying dividends or acquiring other entities. Operating income is used to monitor budget versus actual results. The CODM also uses operating income in competitive analysis by benchmarking to  the Company’s competitors. The competitive analysis along with the monitoring of budgeted versus actual results are used in assessing performance of the Company. In $000's   Years Ended December 31,   2024  2023 Revenues $23,057  $24,522 Cost of revenues        Costs to deliver products  2,623   2,987 Employee costs  2,462   2,339 Teleconference costs  252   216 Amortization of capitalized software  220   61 Other segment costs  60   4 Total cost of revenue  5,617   5,607 Operating costs and expenses:        Employee costs  8,103   9,603 Consultants and professional services  3,035   2,206 Depreciation and amortization  2,708   2,728 Advertising  1,267   1,690 Provision for credit losses  1,083   538 Software licensing  938   969 Stock compensation  703   1,341 Hosting  461   267 Merchant and bank fees  481   534 Acquisition/integration and other non-recurring costs  408   591 Rent  368   360 Impairment loss on intangible assets  14,150