(Unaudited)

(Unaudited)

Six months ended June 30,

Three months ended June 30,

2020

2019

2020

2019

Revenue:

Climb Channel Solutions

$

111,479

$

87,376

$

54,213

$

47,320

TechXtend

7,727

8,158

2,373

3,356

119,206

95,534

56,586

50,676

Gross Profit:

Climb Channel Solutions

$

13,806

$

13,322

$

6,643

$

7,124

TechXtend

1,473

1,731

471

695

15,279

15,053

7,114

7,819

Direct Costs:

Climb Channel Solutions

$

5,371

$

5,039

$

2,734

$

2,555

TechXtend

717

808

255

370

6,088

5,847

2,989

2,925

Segment Income Before Taxes: (1)

Climb Channel Solutions

$

8,435

$

8,283

$

3,909

$

4,569

TechXtend

756

923

216

325

Segment Income Before Taxes

9,191

9,206

4,125

4,894

General and administrative

$

5,024

$

5,241

$

2,623

$

2,647

Legal and financial advisory expenses - unsolicited bid and related matters

1,833

 —

509

 —

Acquisition related costs

638

 —

235

 —

Interest, net

86

298

24

129

Foreign currency transaction gain

276

91

161

29

Income before taxes

$

2,058

$

4,354

$

943

$

2,405

(1)

 Excludes general corporate expenses including interest and foreign currency translation expenses.

(Unaudited)

As of

As of 

June 30,

December 31,

Selected Assets by Segment:

2020

2019

Climb Channel Solutions

$

74,302

$

99,602

TechXtend

3,306

5,603

Segment Select Assets

77,608

105,205

Corporate Assets

58,306

21,076

Total Assets

$

135,914

$

126,281