$VRME
OpenWorld, Inc.
CIK:0001104038|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||||
| NET REVENUE | $ 1,908 | $ 4,520 | $ 3,680 | $ 8,975 | ||
| COST OF REVENUE | 887 | 2,929 | 1,699 | 5,894 | ||
| GROSS PROFIT | 1,021 | 1,591 | 1,981 | 3,081 | ||
| OPERATING EXPENSES | ||||||
| Management and Technology | [1] | 607 | 920 | 1,177 | 1,846 | |
| General and administrative | [1] | 815 | 716 | 1,831 | 1,572 | |
| Research and development | 5 | 10 | ||||
| Sales and marketing | [1] | 155 | 272 | 296 | 568 | |
| Total Operating expenses | 1,577 | 1,913 | 3,304 | 3,996 | ||
| LOSS BEFORE OTHER INCOME (EXPENSE) | (556) | (322) | (1,323) | (915) | ||
| OTHER INCOME (EXPENSE) | ||||||
| Interest income, net | 51 | 32 | 139 | 54 | ||
| Other expense, net | (1) | (1) | ||||
| TOTAL OTHER INCOME, NET | 51 | 31 | 139 | 53 | ||
| NET LOSS | $ (505) | $ (291) | $ (1,184) | $ (862) | ||
| LOSS PER SHARE | ||||||
| BASIC | $ (0.04) | $ (0.02) | $ (0.09) | $ (0.07) | ||
| DILUTED | $ (0.04) | $ (0.02) | $ (0.09) | $ (0.07) | ||
| WEIGHTED AVERAGE COMMON SHARE OUTSTANDING | ||||||
| BASIC | 13,359,887 | 12,643,791 | 13,356,338 | 12,469,118 | ||
| DILUTED | 13,359,887 | 12,643,791 | 13,356,338 | 12,469,118 | ||
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