Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Total Revenue Attributable to Each Segment

The proportion of our total revenue attributable to each segment is as follows:

 

                 
    Six Months Ended June 30,  
  2022     2021  
As a percentage of total revenue            
North America     100.0 %     55.0 %
U.K.     0.0 %     45.0 %
Other foreign markets     — %     - %
Total consolidated revenue     100.0 %     100.0 %
Schedule of Operating Results for Segments

Operating results for the segments are as follows:

 

                 
    Six Months Ended June 30,  
    2022     2021  
  (In thousands)  
Segment revenue      
North America   $ 354     $ 3,293  
U.K.     -       2,689  
Other foreign markets     —       -  
Total consolidated revenue   $ 354     $ 5,982  

 

                 
    Six Months Ended June 30,  
    2022     2021  
  (In thousands)  
Segment gross profit contribution *      
North America *   $ 7     $ 1,412  
U.K.*     1       716  
Other foreign markets *     —       -  
Total consolidated gross profit *   $ 8     $ 2,128  

 

* Segment gross profit is calculated as revenue less direct course expenses, advertising and sales expenses and royalty expenses.

 

 

                 
    Six Months Ended June 30,  
    2022     2021  
  (In thousands)  
Depreciation and amortization expenses      
North America   $ -     $ 2  
U.K.   $ -       1  
Other foreign markets     —       10  
Total consolidated depreciation and amortization expenses   $ -     $ 13  

Schedule of Segment Identifiable Assets
    June 30,     December 31,  
    2022     2021  
  (In thousands)  
Segment identifiable assets      
North America   $ 400       1348  
U.K.   $ 93       126  
Other foreign markets   $ 171       175  
Total consolidated identifiable assets   $ 664     $ 1,649