| Foreign Operations |
NOTE
15 – Foreign Operations
The
Company’s operations are located primarily in the United States, Canada, and the Philippines. Revenues by geographic area are attributed
by country of domicile of the Company’s subsidiaries. The financial data by geographic area are as follows (in thousands):
| Schedule of financial data by geographic area | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | |
United States | | |
Canada | | |
India | | |
Philippines | | |
Eliminations | | |
Total | |
| For
the Period Ended March 31, 2023 (Successor): | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenues
by geographic area | |
$ | 272 | | |
$ | 70 | | |
$ | - | | |
$ | 196 | | |
$ | (196 | ) | |
$ | 342 | |
| Operating
income (loss) by geographic area | |
$ | (486 | ) | |
$ | (158 | ) | |
$ | - | | |
$ | 157 | | |
$ | - | | |
$ | (487 | ) |
| Net
income (loss) by geographic area | |
$ | 2,780 | | |
$ | (158 | ) | |
$ | - | | |
$ | 157 | | |
$ | (21 | ) | |
$ | 2,758 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| For
the Period Ended March 14, 2023 (Predecessor): | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenues
by geographic area | |
$ | 1,395 | | |
$ | 285 | | |
$ | - | | |
$ | 160 | | |
$ | (220 | ) | |
$ | 1,620 | |
| Operating
income (loss) by geographic area | |
$ | (3,479 | ) | |
$ | (905 | ) | |
$ | - | | |
$ | 3 | | |
$ | - | | |
$ | (4,381 | ) |
| Net
income (loss) by geographic area | |
$ | (3,342 | ) | |
$ | (1,041 | ) | |
$ | - | | |
$ | 3 | | |
$ | - | | |
$ | (4,380 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| For
the Three Months Ended March 31, 2022 (Predecessor): | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenues
by geographic area | |
$ | 2,167 | | |
$ | 601 | | |
$ | 270 | | |
$ | - | | |
$ | (456 | ) | |
$ | 2,582 | |
| Operating
income (loss) by geographic area | |
$ | (650 | ) | |
$ | (1,008 | ) | |
$ | 72 | | |
$ | - | | |
$ | 14 | | |
$ | (1,572 | ) |
| Net
income (loss) by geographic area | |
$ | (519 | ) | |
$ | (1,139 | ) | |
$ | (27 | ) | |
$ | - | | |
$ | 14 | | |
$ | (1,671 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| As
of March 31, 2023 (Successor) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Identifiable
assets by geographic area | |
$ | 75,059 | | |
$ | 991 | | |
$ | - | | |
$ | 405 | | |
$ | (71 | ) | |
$ | 76,384 | |
| Long
lived assets by geographic area | |
$ | 20,817 | | |
$ | 417 | | |
$ | - | | |
$ | 222 | | |
$ | - | | |
$ | 21,455 | |
| Goodwill
by geographic area | |
$ | 44,122 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 44,122 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| As
of December 31, 2022 (Predecessor) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Identifiable
assets by geographic area | |
$ | 24,591 | | |
$ | 5,484 | | |
$ | 228 | | |
$ | 415 | | |
$ | (1,438 | ) | |
$ | 29,280 | |
| Long
lived assets by geographic area | |
$ | 15,558 | | |
$ | 4,788 | | |
$ | 98 | | |
$ | 215 | | |
$ | - | | |
$ | 20,659 | |
| Goodwill
by geographic area | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
|