Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Income (Unaudited)

v3.23.2
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 72 $ 285
Operating costs and expenses:    
Direct course expenses 73 104
Advertising and sales expenses 31 88
Royalty expenses
General and administrative expenses 886 647
Total operating costs and expenses 990 839
Income (loss) from operations (918) (554)
Other expense:    
Interest expense, net (60) (125)
Other expense, net 0
Gain on forgiveness of PPP Loan 0 0
Total other expense, net (60) (125)
Income (loss) from continuing operations before income taxes (978) (679)
Income tax (expense) benefit 136
Net income (loss) from continuing operations (978) (543)
Income from discontinued operations 0 0
Net income from discontinued operations
Less: Net Income attributable to Non controlling interest 100  
Net income (loss) $ (878) $ (543)
Basic earnings (loss) per common share - continuing operations $ (0.03) $ (0.02)
Basic earnings (loss) per common share - discontinued operations
Basic earnings (loss) per common share (0.03) (0.02)
Diluted earnings (loss) per common share - continuing operations (0.03) (0.02)
Diluted earnings (loss) per common share - discontinued operations
Diluted earnings (loss) per common share $ (0.03) $ (0.02)
Basic weighted average common shares outstanding 36,411 33,918
Diluted weighted average common shares outstanding 36,411 33,918
Comprehensive income:    
Foreign currency translation adjustments, net of tax of $0 $ (976) $ (144)
Total comprehensive income (loss) $ (1,854) $ (687)