Company: ACCS
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000843006-25-000041
Chunk: 109

Company: ACCESS Newswire Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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 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)  201   107 Other non-recurring expenses (2)  331   (132)Stock-based compensation expense (3)