(Unaudited)

(Unaudited)

Nine months ended September 30,

Three months ended September 30,

2020

2019

2020

2019

Revenue:

Climb Channel Solutions

$

168,537

$

136,189

$

57,059

$

48,815

TechXtend

11,587

11,708

3,860

3,548

180,124

147,897

60,919

52,363

Gross Profit:

Climb Channel Solutions

$

20,390

$

19,708

$

6,585

$

6,386

TechXtend

2,125

2,400

652

669

22,515

22,108

7,237

7,055

Direct Costs:

Climb Channel Solutions

$

8,387

$

7,520

$

2,993

$

2,481

TechXtend

992

1,124

275

316

9,379

8,644

3,268

2,797

Segment Income Before Taxes: (1)

Climb Channel Solutions

$

12,003

$

12,188

$

3,592

$

3,905

TechXtend

1,133

1,276

377

353

Segment Income Before Taxes

13,136

13,464

3,969

4,258

General and administrative

$

7,890

$

7,531

$

2,889

$

2,290

Legal and financial advisory expenses, net - unsolicited bid and related matters

1,752

 —

(81)

 —

Acquisition related costs

982

 —

344

 —

Interest, net

105

416

19

118

Foreign currency transaction gain

211

39

(67)

(52)

Income before taxes

$

2,828

$

6,388

$

769

$

2,034

(1)

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

(Unaudited)

As of

As of 

September 30,

December 31,

Selected Assets by Segment:

2020

2019

Climb Channel Solutions

$

86,593

$

99,602

TechXtend

2,962

5,603

Segment Select Assets

89,555

105,205

Corporate Assets

46,653

21,076

Total Assets

$

136,208

$

126,281