Company: ACCS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000843006-25-000012
Chunk: 198

Company: ACCESS Newswire Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 11
Chunk 198
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venues $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   — Other operating expenses (1)  54   827 Total operating costs and expenses  33,759   21,654 Operating loss $(16,319 ) $(2,739 )  (1)Other operating expenses include insurance, travel, reseller commissions, tradeshow expense and other miscellaneous selling, general and administrative expenses

 F-25Table of Contents

Note 13: Income Taxes The provision for income taxes consisted of the following components for the years ended December 31 (in 000’s):   2024  2023 Current:      Federal $20  $(79 )State  5   45 Foreign  12   (55 )Total Current  37   (89 )Deferred:        Federal  (3,611 )  (670 )State  (590 )  (175 )Foreign  100   (4 )Total Deferred  (4,101 )  (849 )Total benefit for income taxes $(4,064 ) $(938 ) Reconciliation between the statutory rate and the effective tax rate is as follows on December 31 (in 000's, except percentages):