{"id":19280,"date":"2024-08-08T08:01:59","date_gmt":"2024-08-08T12:01:59","guid":{"rendered":"https:\/\/illumin.com\/?p=19280"},"modified":"2024-11-26T14:06:38","modified_gmt":"2024-11-26T19:06:38","slug":"illumin-reports-second-quarter-2024-financial-results","status":"publish","type":"news_and_press","link":"https:\/\/illumin.com\/news-press\/illumin-reports-second-quarter-2024-financial-results\/","title":{"rendered":"illumin Reports Second Quarter 2024 Financial Results"},"content":{"rendered":"<p><em>Total Second Quarter Revenue of $29.2 Million; <\/em><em>illumin Self-Service Revenue up 61% YoY and Represents 30% of Total Revenue; <\/em><em>Adjusted EBITDA Improvement of 11% YoY <\/em><\/p>\n<p><em>\u00a0<\/em><strong><em>(All monetary figures are expressed in Canadian dollars unless otherwise stated)<\/em><\/strong><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>TORONTO \u2013 August 8, 2024 \u2013 illumin Holdings Inc. (TSX: ILLM) (OTCQB: ILLMF) (\u201cillumin\u201d or \u201cCompany\u201d), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the second quarter ended June 30, 2024.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong><u>Second Quarter 2024 Highlights<\/u><\/strong><\/h4>\n<ul>\n<li>Second quarter 2024 revenue was $29.2 million compared to $33.2 million in Q2 2023, reflecting a decline in managed service revenue and programmatic revenue, primarily in Latin America.<\/li>\n<li>illumin self-serve revenue was $8.8 million in the quarter, up 61% year-over-year and represented 30% of total revenue compared to 16% in Q2 2023. This growth was driven largely by new customer relationships.<\/li>\n<li>The Company onboarded 33 net new illumin self-serve clients during the quarter, resulting from sales initiatives targeting higher-spend customers.<\/li>\n<li>Second quarter 2024 gross margin was 48%, which was consistent with Q2 2023 and a mild improvement from Q1 FY 2024.<\/li>\n<li>Net revenue, or gross profit (revenue less media-related costs), for the second quarter ended June 30, 2024 was $14.0 million, compared to $15.9 million in Q2 2023, reflecting lower sales.<\/li>\n<li>Adjusted EBITDA was $0.5 million, an increase of 11% compared to the same period in 2023 despite the decline in revenue, which was primarily attributable to lower operating costs.<\/li>\n<li>Q2 2024 net loss was $1.0 million, compared to a net loss of $5.6 million in Q2 2023. This improvement was mainly due to lower operating costs, a net foreign exchange gain versus a loss in Q2 2023, and lower income taxes.<\/li>\n<li>On November 13, 2023, the Company commenced a new normal course issuer bid (\u201cNCIB\u201d) to purchase for cancellation up to 4,330,226 of its outstanding common shares. During the three and six months ended June 30, 2024, the Company purchased and cancelled 1,342,344 and 2,490,686 of its common shares under the NCIB at an average price of $1.64 and $1.65 per share, totaling $2.2 million and $4.1 million, respectively.<\/li>\n<li>In June 2024, the Company upgraded the trading of its common shares from the OTC Pink Market to the OTCQB Venture Market (the &#8220;OTCQB&#8221;) in the United States, which is intended to provide shareholders and investors with improved accessibility, liquidity, and transparency on the Company.<\/li>\n<\/ul>\n<p>Simon Cairns, illumin\u2019s Chief Executive Officer, commented, \u201cIn the second quarter, we saw good growth both year-over-year and sequentially in illumin self-service, along with a good sequential increase in managed services.\u00a0 As we listen closely to customers who value our services, we believe there may be untapped potential in creating a complimentary portfolio of products and services including both self-service and managed services.\u00a0 Our rebuilding of the leadership team reflects our intent to be market responsive and focused on delivering results for our customers and performance for our investors.\u201d<\/p>\n<p>Mr. Cairns added, \u201cComplementing this, we have been refining our sales activities, including honing our illumin self-serve go to market strategy. So, even while our sales and marketing spending fell year-over-year, our illumin self-serve revenue still grew rapidly as our sales efforts became more productive. We also continued to prioritize increasing our managed service sales efficiency, as we consider this to be an area with untapped potential. \u00a0Together, we believe these actions will drive our long-term revenue growth and improve our profitability.\u201d<\/p>\n<p>Elliot Muchnik, illumin\u2019s Chief Financial Officer, commented, \u201cAs we have been carefully managing our expenses and reallocating our internal resources to areas where we see the most growth potential, we maintained our overall focus on operational discipline. This effort has contributed to a total operating expense decline of over 10% and an Adjusted EBITDA improvement of 11% compared to the same period last year. With our improved operating efficiencies, we are able to support a number of sales initiatives that should support year-over-year growth in the third quarter.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>The following table presents a reconciliation of net loss to Adjusted EBITDA for the periods ended:<\/em><\/strong><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>(unaudited, in thousands of Canadian dollars)<\/p>\n<table style=\"height: 718px;\" width=\"672\">\n<tbody>\n<tr>\n<td width=\"233\"><\/td>\n<td colspan=\"2\" width=\"180\">Three months ended<\/td>\n<td colspan=\"2\" width=\"180\">Six months ended<\/td>\n<\/tr>\n<tr>\n<td width=\"233\"><\/td>\n<td width=\"85\">June 30,<\/td>\n<td width=\"94\">June 30,<\/td>\n<td width=\"95\">June 30,<\/td>\n<td width=\"85\">June 30,<\/td>\n<\/tr>\n<tr>\n<td width=\"233\"><\/td>\n<td width=\"85\">2024<\/td>\n<td width=\"94\">2023<\/td>\n<td width=\"95\">2024<\/td>\n<td width=\"85\">2023<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">Net loss for the period<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0 $\u00a0 (1,014)<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $\u00a0 (5,608)<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $ (2,152)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $ (9,170)<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">Adjustments:<\/td>\n<td width=\"85\"><\/td>\n<td width=\"94\"><\/td>\n<td width=\"95\"><\/td>\n<td width=\"85\"><\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Finance income, net<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (469)<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (265)<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (975)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (982)<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Foreign exchange loss (gain)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (556)<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,403<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,942)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,459<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Depreciation and amortization<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,387<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,449<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,752<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,939<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Income tax expense (benefit)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (491)<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 166<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (113)<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 236<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Share-based compensation<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,108<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,671<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,807<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,013<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Severance expenses<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 205<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 100<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 248<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Nasdaq-related costs<sup>1<\/sup><\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 313<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 444<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 736<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 957<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">\u00a0\u00a0\u00a0 Other expenses<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 227<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 316<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<\/tr>\n<tr>\n<td width=\"233\">Total adjustments<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,529<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,073<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,681<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8,870<\/td>\n<\/tr>\n<tr>\n<td width=\"233\"><strong>Adjusted EBITDA<\/strong><\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0 $\u00a0\u00a0\u00a0\u00a0\u00a0 515<\/td>\n<td width=\"94\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 465<\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $\u00a0\u00a0\u00a0\u00a0\u00a0 529<\/td>\n<td width=\"85\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $\u00a0 \u00a0(300)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>Nasdaq-related costs are listing fees and directors\u2019 and officers\u2019 insurance specific to the Company\u2019s Nasdaq listing and have been reclassed below Adjusted EBITDA as they are not recurring.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><strong>Conference Call Details:<\/strong><\/h4>\n<p><strong>Date<\/strong>: Thursday, August 8, 2024<\/p>\n<p><strong>Time<\/strong>: 8:30AM Eastern Time<\/p>\n<p>To register for the conference call webcast and presentation, please visit <a href=\"https:\/\/illumin.com\/investor-information\/earnings-call\/\">https:\/\/illumin.com\/investor-information\/earnings-call\/<\/a>.<\/p>\n<p>Please connect 15 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.<\/p>\n<p>A recording of the conference call webcast will be available after the call by visiting the Company\u2019s website at <a href=\"https:\/\/illumin.com\/investor-information\/\">https:\/\/illumin.com\/investor-information\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<h4><strong><u>Non-IFRS Measures<\/u><\/strong><\/h4>\n<p>This press release makes reference to certain non-IFRS Accounting Standard measures (\u201cnon-IFRS measures\u201d). These measures are not recognized measures under IFRS Accounting Standards (\u201cIFRS\u201d), do not have a standardized meaning prescribed by IFRS, and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management&#8217;s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS measures including \u201crevenue less media costs\u201d, \u201crevenue less media costs margin\u201d, \u201cAdjusted EBITDA\u201d and \u201cAdjusted Net Income (Loss)\u201d (as well as other measures discussed elsewhere in this press release).<\/p>\n<p>The term \u201crevenue less media costs margin\u201d refers to the amount that \u201crevenue less media costs\u201d represents as a percentage of total revenue for a given period, while the term \u201crevenue less media costs\u201d refers to the net amount of revenue after deducting direct media costs.\u00a0 Revenue less media costs is used for internal management purposes as an indicator of the performance of the Company\u2019s solution in balancing the goals of delivering excellent results to advertisers while meeting the Company\u2019s margin objectives and, accordingly, the Company believes it is useful supplemental information.<\/p>\n<p>\u201cAdjusted EBITDA\u201d refers to net income (loss) after adjusting for finance costs (income), impairment loss, fair value gain, income taxes, foreign exchange loss (gain), depreciation and amortization, share-based compensation, acquisition and related integration costs, severance expenses and adjustments to the carrying value of investment tax credits receivable. The Company believes that Adjusted EBITDA is useful supplemental information as it provides an indication of the results generated by the Company\u2019s main business activities before taking into consideration how those activities are financed and taxed and prior to taking into consideration depreciation of property and equipment and certain other items listed above. It is a key measure used by the Company\u2019s management and board of directors to understand and evaluate the Company\u2019s operating performance, to prepare annual budgets and to help develop operating plans.<\/p>\n<p>\u201cAdjusted Net Income (Loss)\u201d refers to net income (loss) after adjusting for non-cash items such as impairment loss, fair value gain, depreciation and amortization, share-based compensation, and foreign exchange loss (gain). The Company believes that Adjusted Net Income (Loss) is useful supplemental information as it provides an indication of the results generated by the Company\u2019s main business activities on a cash basis. It is another key measure used by the Company\u2019s management and board of directors to understand and evaluate the Company\u2019s operating performance, to prepare annual budgets and to help develop operating plans.<\/p>\n<p>These non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our business that may not otherwise be apparent when relying solely on IFRS measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS measures in the evaluation of issuers, and that these non-IFRS measures are relevant to their analysis of the Company.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong><u>About illumin:<\/u><\/strong><\/h4>\n<p>illumin is a journey advertising platform that enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. The Company\u2019s mission is to illuminate the path for brands to connect with their customers through the power of data-driven advertising. Headquartered in Toronto, Canada, illumin serves clients across North America, Latin America, and Europe.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong><u>Disclaimer with regard to forward-looking statements<\/u><\/strong><\/h4>\n<p>Certain statements included herein constitute \u201cforward-looking statements\u201d within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies.\u00a0 Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, illumin does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.<\/p>\n<h4><\/h4>\n<h4><strong>For further information, please contact: <\/strong><\/h4>\n<p><strong>Steve Hosein<\/strong><br \/>\nInvestor Relations Coordinator<br \/>\nillumin Holdings Inc.<br \/>\n416-918-5647<br \/>\ninvestors@illumin.com<\/p>\n<p><strong>David Hanover<br \/>\n<\/strong>Investor Relations \u2013 U.S.<br \/>\nKCSA Strategic Communications<br \/>\n212-896-1220<br \/>\ndhanover@kcsa.com<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>Please note that the following <\/em><em>financial information is an extract from the Company\u2019s Condensed Interim <\/em><em>Consolidated Financial Statements<\/em> <em>(unaudited) for the three and six months ended June 30, 2024 and 2023 <\/em><em>(the \u201c<strong>Financial Statements<\/strong>\u201d) provided for readers\u2019 convenience and should be viewed in conjunction with the Notes to the Financial Statements, which are an integral part of the statements. The full Financial Statements and MD&amp;A for the period may be found by accessing SEDAR+ at <\/em><a href=\"http:\/\/www.sedarplus.com\" target=\"_blank\" rel=\"noopener\"><em>www.sedarplus.com<\/em><\/a><em>.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<table width=\"680\">\n<tbody>\n<tr>\n<td width=\"437\"><strong>\u00a0<\/strong><\/td>\n<td width=\"7\"><strong>\u00a0<\/strong><\/td>\n<td width=\"117\"><strong>June 30,<\/strong><\/p>\n<p><strong>2024<\/strong><\/td>\n<td width=\"24\"><strong>\u00a0<\/strong><\/td>\n<td width=\"94\"><strong>December 31,<\/strong><\/p>\n<p><strong>2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Assets<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Current assets<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Cash and cash equivalents<\/td>\n<td width=\"7\">$<\/td>\n<td width=\"117\">51,584<\/td>\n<td width=\"24\">$<\/td>\n<td width=\"94\">55,455<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Accounts receivable<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">26,707<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">32,136<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Income tax receivable<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">3,186<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">3,301<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Prepaid expenses and other<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">3,670<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">4,123<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">85,147<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">95,015<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Non-current assets<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Other assets<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">65<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">63<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Property and equipment<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">8,230<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">9,329<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Intangible assets<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">8,376<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">7,618<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Goodwill<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">4,870<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">4,870<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">106,688<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">116,895<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Liabilities<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Current liabilities<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Accounts payable and accrued liabilities<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">22,563<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">26,488<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Income tax payable<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">571<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">717<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Borrowings<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">113<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">131<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Lease obligations<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">1,636<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">1,726<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">24,883<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">29,062<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Non-current liabilities<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Borrowings<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">&#8211;<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">47<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Deferred tax liability<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">665<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">1,001<\/td>\n<\/tr>\n<tr>\n<td width=\"437\">Lease obligations<\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">5,205<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">6,087<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">30,753<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">36,197<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><strong>Shareholders\u2019 equity<\/strong><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">75,935<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">80,698<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\">106,688<\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\">116,895<\/td>\n<\/tr>\n<tr>\n<td width=\"437\"><\/td>\n<td width=\"7\"><\/td>\n<td width=\"117\"><\/td>\n<td width=\"24\"><\/td>\n<td width=\"94\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>\u00a0<\/strong><strong>\u00a0<\/strong><\/p>\n<table width=\"690\">\n<tbody>\n<tr>\n<td width=\"321\"><strong>\u00a0<\/strong><\/td>\n<td colspan=\"2\" width=\"184\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Three months ended<\/strong><\/td>\n<td colspan=\"2\" width=\"184\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Six months ended<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>\u00a0<\/strong><\/td>\n<td width=\"92\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2024<\/strong><\/td>\n<td width=\"92\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><strong>2023<\/strong><\/td>\n<td width=\"92\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2024 <\/strong><\/td>\n<td width=\"92\"><strong>2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Revenue<\/strong><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Managed service<\/td>\n<td width=\"92\">\u00a0\u00a0 $\u00a0\u00a0 14,351<\/td>\n<td width=\"92\">\u00a0\u00a0 $\u00a0 20,127<\/td>\n<td width=\"92\">\u00a0\u00a0 $\u00a0 26,111<\/td>\n<td width=\"92\">\u00a0 $\u00a0 37,076<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Self-service illumin<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8,750<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,429<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 17,129<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,602<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Programmatic<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,103<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,634<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 10,916<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 15,007<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 29,204<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 33,190<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 54,156<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 59,685<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Media-related costs<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15,244<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 17,309<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 28,571<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 31,327<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Gross profit<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13,960<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 15,881<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 25,585<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 28,358<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Operating expenses<\/strong><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Sales and marketing<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,845<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,566<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 11,158<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 12,244<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Technology<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,512<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,539<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9,038<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 10,908<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">General and administrative<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,638<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,960<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,012<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,711<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Share-based compensation<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,108<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,671<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,807<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,013<\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Depreciation and amortization<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,387<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,449<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,752<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,939<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 16,490<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 19,185<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 30,767<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0 35,815<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Loss<\/strong> <strong>from operations<\/strong><\/td>\n<td width=\"92\">\u00a0 \u00a0 \u00a0 \u00a0(2,530)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (3,304)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,182)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (7,457)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Finance income, net<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (469)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (265)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (975)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (982)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Foreign exchange loss (gain)<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (556)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,403<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,942)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,459<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,025)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,138<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,917)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,477<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Net loss before income taxes<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,505)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,442)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,265)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (8,934)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Income tax expense (benefit)<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (491)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 166<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (113)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 236<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Net loss for the period<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,014)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,608)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,152)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (9,170)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Basic and diluted net loss per share<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.02)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.10)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.04)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.16)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Other Comprehensive Loss<\/strong><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>\u00a0<\/strong><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\">Items that may be subsequently reclassified to net loss:<\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\">\u00a0 \u00a0 Exchange (loss) gain on translating foreign operations<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (144)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 248<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (308)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (53)<\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>\u00a0<\/strong><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"92\"><\/td>\n<\/tr>\n<tr>\n<td width=\"321\"><strong>Comprehensive loss for the period<\/strong><\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,158)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,360)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,460)<\/td>\n<td width=\"92\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (9,223)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<table width=\"671\">\n<tbody>\n<tr>\n<td width=\"444\"><strong>\u00a0<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>2024<\/strong><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><strong>2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Cash provided by (used in)<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Operating activities<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Net loss for the period<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0 $\u00a0 \u00a0 \u00a0 (2,152)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0 $\u00a0 \u00a0 \u00a0(9,170)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Adjustments to reconcile net loss to net cash flows<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Depreciation and amortization<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,752<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,939<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Finance income, net<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (975)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (982)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Share-based compensation<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,807<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,013<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Foreign exchange loss (gain)<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,942)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,459<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Income tax expense (benefit)<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (113)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 236<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Change in non-cash operating working capital<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Accounts receivable<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,740<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,190)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Prepaid expenses and other<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,032<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,164)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Other assets<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (24)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Accounts payable and accrued liabilities<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (893)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,437)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Income taxes paid, net<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (166)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (121)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Interest received, net<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,068<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,318<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,156<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(8,123)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Investing activities<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Additions to property and equipment<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (1,042)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (421)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Additions to intangible assets<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,465)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,824)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (3,507)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (3,245)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Financing activities<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Repayment of term loans<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(4,411)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Proceeds from international loans<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 304<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Repayment of international loans<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (65)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (411)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Payment of leases<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,129)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,691)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Repurchase of common shares for cancellation<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (4,033)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,500)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Proceeds from the exercise of stock options<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5,223)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (7,709)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Decrease in cash and cash equivalents<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (2,574)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (19,077)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>\u00a0<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Impact of foreign exchange on cash and cash equivalents <\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,297)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (1,197)<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>\u00a0<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Cash and cash equivalents \u2013 beginning of period<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 55,455<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 85,941<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>\u00a0<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Cash and cash equivalents \u2013 end of period<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 51,584<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 65,667<\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>\u00a0<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\"><strong>Supplemental disclosure of non-cash transactions<\/strong><\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\"><\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\"><\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Adjustments to property and equipment under leases<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (23)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 56<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Unpaid additions (reversals) to property and equipment, net<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (561)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<\/tr>\n<tr>\n<td width=\"444\">Unpaid taxes on share repurchases<\/td>\n<td width=\"1\"><\/td>\n<td width=\"101\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (81)<\/td>\n<td width=\"29\"><\/td>\n<td width=\"95\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"featured_media":16635,"parent":0,"menu_order":0,"template":"","class_list":["post-19280","news_and_press","type-news_and_press","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/illumin.com\/wp-json\/wp\/v2\/news_and_press\/19280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/illumin.com\/wp-json\/wp\/v2\/news_and_press"}],"about":[{"href":"https:\/\/illumin.com\/wp-json\/wp\/v2\/types\/news_and_press"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/illumin.com\/wp-json\/wp\/v2\/media\/16635"}],"wp:attachment":[{"href":"https:\/\/illumin.com\/wp-json\/wp\/v2\/media?parent=19280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}