Company: ACCS
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000843006-25-000041
Chunk: 17

Company: ACCESS Newswire Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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  (420)  874   8,712  1692 Income tax expense (benefit)  (184)  184   2,796   358 Net income (loss) from discontinued operations  (236)  690   5,916   1,334  The following table presents the significant non-cash items related to discontinued operations for the six-month period ended June 30, 2025 and 2024 that are included in the accompanying statements of cash flows:   June 30, 2025  June 30, 2024 Adjustments to reconcile net income (loss) to net cash used in operating activities      Depreciation and amortization $28  $84 Provision for credit losses  420   105 Stock-based compensation expense  78   42 Gain on disposal of business  8,974   — 

 13Table of Contents

Note 4: Equity Dividends The Company did not pay any dividends during the three and six-month periods ended June 30, 2025 and 2024.  Preferred stock and common stock There were no issuances of preferred stock or common stock during the three and six-month periods ended June 30, 2025 and 2024, other than stock awarded to employees and the Board of Directors. 2023 Equity Incentive Plan On June 7, 2023, the shareholders of the Company approved the 2023 Equity Incentive Plan (the “2023 Plan”).  Under the terms of the 2023 Plan, the Company is authorized to issue incentive awards for common stock up to 300,000 shares to employees and other personnel. The awards may be in the form of incentive stock options, nonqualified stock options, restricted stock, restricted stock units and performance awards. The 2023 Plan is effective through April 1, 2033. As of June 30, 2025, there are 358,416 shares which remain to be granted under the 2023 Plan, including 123,076 shares assumed under the Company’s previous 2014 Equity Incentive Plan, as amended. The following table summarizes information about stock options outstanding and exercisable at June 30, 2025:   Options Outstanding  Options Exercisable Exercise Price Range Number  Weighted AverageRemaining Contract