Company: ACCS
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000843006-25-000041
Chunk: 57

Company: ACCESS Newswire Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 2
Chunk 57
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 nature. Management considers free cash flow and adjusted free cash flow to be liquidity measures that provide useful information to investors about the amount of cash generated or used by the business.

Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in the industry may calculate non-GAAP financial results differently. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact on our reported financial results. 

The presentation of non-GAAP financial information below and herein are not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP. Investors should review the reconciliation of non-GAAP financial measures to the comparable GAAP financial measures included below and not rely on any single financial measure to evaluate our business.

 A reconciliation of net income to adjusted EBITDA for the three and six months ended June 30, 2025 and 2024 is presented in the following table (in thousands):

  Three Months Ended June 30,   2025  2024   Amount  Amount        Net loss from continuing operations: $(239) $(683)Adjustments:        Depreciation and amortization  739   728 Interest (income) expense, net  (11)  303 Income tax benefit  (9)  (137)EBITDA from continuing operations  480   211 Acquisition and/or integration costs (1)  72   42 Other non-recurring expenses (2)  95   38 Stock-based compensation expense (3)  189   237 Adjusted EBITDA from continuing operations: $836  $528 

  Six Months Ended June 30,   2025  2024   Amount  Amount        Net loss from continuing operations: $(1,004) $(1,466)Adjustments:        Depreciation and amortization  1,481   1,456 Interest expense, net  193   587 Income tax benefit  (194)  (295)EBITDA from continuing operations  476   282 Acquisition and/or integration costs (1)