| Schedule of Revenue and Long Lived Tangible Assets by Geographic Area |
The following table sets forth long-lived tangible assets by geographic area as of December 31, 2020 and December 31, 2019 (in thousands):
| | | | | | | | | | | | | 2020 | | 2019 | | Long-lived tangible assets: | | | | | United States | $ | 10,661 | | | $ | 14,629 | | | International | 154 | | | 319 | | | Total long-lived tangible assets | $ | 10,815 | | | $ | 14,948 | |
The tables below summarize the financial information for the Company’s reportable segments for the years ended December 31, 2020 and 2019 (in thousands). The “Corporate Unallocated Expenses” category, as it relates to Segment Adjusted EBITDA, primarily includes corporate overhead costs, such as rent, payroll and related benefit costs and professional services which are not directly attributable to any individual segment.
| | | | | | | | | | | | | | | | | | | | | | | Year Ended
December 31, 2020 | | | Revenue | | Cost of revenue (1) | | Segment Adjusted
EBITDA | | Software & Services | | $ | 44,280 | | | $ | 14,477 | | | $ | 14,340 | | | Portal & Advertising | | 37,082 | | | 27,759 | | | 2,168 | | | Corporate Unallocated Expenses | | — | | | — | | | (11,190) | | | Total Company | | $ | 81,362 | | | $ | 42,236 | | | $ | 5,318 | |
| | | | | | | | | | | | | | | | | | | | | | | Year Ended
December 31, 2019 | | | Revenue | | Cost of revenue (1) | | Segment Adjusted
EBITDA | | Software & Services | | $ | 44,485 | | | $ | 12,669 | | | $ | 12,531 | | | Portal & Advertising | | 77,360 | | | 49,321 | | | 10,657 | | | Corporate Unallocated Expenses | | — | | | — | | | (13,685) | | | Total Company | | $ | 121,845 | | | $ | 61,990 | | | $ | 9,503 | |
Notes: (1) Exclusive of depreciation and amortization shown separately on the consolidated statements of operations
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| Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
The following table reconciles total Segment Adjusted EBITDA to Net loss: | | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2020 | | 2019 | | | (in thousands) | | Total Segment Adjusted EBITDA | | $ | 5,318 | | | $ | 9,503 | | | Less: | | | | | | Provision for income taxes | | (957) | | | (929) | | | Interest expense | | (189) | | | (268) | | | Other income (expense), net | | 240 | | | (17) | | | Depreciation and amortization | | (10,294) | | | (11,251) | | | Long-lived asset impairment* | | (806) | | | (1,751) | | | Stock-based compensation expense | | (1,456) | | | (1,616) | | | Restructuring costs** | | (1,483) | | | (959) | | | Certain legal and professional services fees*** | | (1,934) | | | (1,733) | | | Net loss | | $ | (11,561) | | | $ | (9,021) | |
| | | | | | | * | "Long-lived asset impairment" includes impairment charges related to property, plant and equipment, capitalized software and leased assets. | | ** | "Restructuring costs" include severance expense, contract termination costs and other exit or disposal costs. | | *** | "Certain legal and professional services fees" includes legal fees and other related expenses outside the ordinary course of business, as well as fees and expenses related to merger and acquisition activities. |
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