General form of registration statement for all companies including face-amount certificate companies

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
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 %

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

 

Schedule of Total Revenue Attributable to Each Segment 

    Years Ended December 31,  
As a percentage of total revenue   2021     2020  
North America     65.1 %     91.1 %
U.K.     34.9 %     3.3 %
Other foreign markets     - %     5.6 %
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     $ 1,935  
U.K.*     1       2,209  
Other foreign markets *           -  
Total consolidated gross profit *   $ 8     $ 4,144  

 

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

Operating results for the segments are as follows:

 

Schedule of Operating Results for Segments 

    Years Ended December 31,  
    2021     2020  
Segment revenue   (In thousands)  
North America   $ 5,021     $ 23,596  
U.K.     2,689       846  
Other foreign markets     -       1,472  
Total consolidated revenue   $ 7,710     $ 25,914  

 

    Years Ended December 31,  
    2021     2020  
Segment gross profit contribution *   (In thousands)  
North America   $ 1,586     $ 15,631  
U.K.     2,194       802  
Other foreign markets     -       1,319  
Total consolidated gross profit   $ 3,780     $ 17,752  

 

* Segment gross profit is calculated as revenue less direct course expenses, advertising and sales expenses and royalty expense.
Schedule of Depreciation and Amortization Expenses
                 
    Six Months Ended June 30,  
    2022     2021  
  (In thousands)  
Depreciation and amortization expenses      
North America   $ -     $ 2  
U.K.   $ -       2  
Other foreign markets           -  
Total consolidated depreciation and amortization expenses   $ -     $ 4  

    Years Ended December 31,  
    2021     2020  
Depreciation and amortization expenses   (In thousands)  
North America   $ 2     $ 45  
U.K.     2       14  
Other foreign markets     -       -  
Total consolidated depreciation and amortization expenses   $ 4     $ 59  
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  

    December 31,     December 31,  
    2021     2020  
Segment identifiable assets   (In thousands)  
North America   $ 1,348     $ 3,834  
U.K.     126       1,266  
Other foreign markets     175       192  
Total consolidated identifiable assets   $ 1,649     $ 5,292