Company: LDWY
Filing Date: 2025-08-28
Form Type: 10-KT
Source: 0001558370-25-011807
Chunk: 75

Company: LENDWAY, INC.
Filing Date: 2025-08-28
Form: 10-KT
Chunk 75
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 ​ |                | 397,000 |
| Less discount to present value | ​ |                  | -22,373,000 | ​ |                | -72,000 |
| Lease liability balance        | ​ | $                |  33,080,000 | ​ | $              | 325,000 |

14. Income Taxes.

Income (loss) from continuing operations before income taxes disaggregated between domestic and foreign is as follows:

| ​        
 ​        | ​ 
 ​ 
 ​ | ​                
 Six Months Ended |             ​ 
 June 30, 2025 | ​ 
 ​ | ​          
 Year Ended |                 ​ 
 December 31, 2024 | ​ | ​ |                 ​ 
 December 31, 2023 |
|:---------|:--|:-----------------|--------------:|:--|:-----------|------------------:|:--|:--|------------------:|
| Domestic | ​ | $                |       324,000 | ​ | $          |       -11,426,000 | ​ | $ |        -3,001,000 |
| Foreign  | ​ | ​                |     1,299,000 | ​ | ​          |         2,196,000 | ​ | ​ |                 — |
| ​        | ​ | $                |     1,623,000 | ​ | $          |        -9,230,000 | ​ | $ |        -3,001,000 |

Income taxes paid (net of refunds received) disaggregated by federal (national), state, and foreign for the six months ended June 30, 2025 is as follows:

| ​                      | ​ | ​ |       ​ |
|:-----------------------|:--|:--|--------:|
| Virginia               |   | $ | 105,000 |
| Other states           | ​ |   |   6,000 |
| Foreign - Netherlands  | ​ |   | 137,000 |
| Foreign - South Africa | ​ | ​ | -57,000 |
| ​                      | ​ | $ | 191,000 |

Income tax (benefit) expense from continuing operations disaggregated by federal (national), state, and foreign is as follows:

| ​                                  
 ​                                  | ​ 
 ​ 
 ​ | ​                
 Six Months Ended |             ​ 
 June 30, 2025 | ​ 
 ​ | ​          
 Year Ended |                 ​ 
 December 31, 2024