Discontinued Operations – Mobility and Media businesses (Tables)

3 Months Ended

Mar. 31, 2025

Discontinued Operations Mobility And Media Businesses

Schedule of discontinued operations
	March 31,		December 31,
	2025		2024
ASSETS
Current assets:
Cash and cash equivalents	$	23	$	313
Accounts receivables		449		414
VAT receivables		—		653
Prepaid and other current assets		156		167
Total current assets		628		1,547
Property, equipment and deposits, net		13		14
Right of use assets		154		153
Other assets		135		133
TOTAL ASSETS	$	930	$	1,847

LIABILITIES
Current liabilities:
Accounts payable	$	1,897	$	4,500
Accrued expenses and other current liabilities		3,342		3,203
VAT payable		711		—
Deferred revenues		465		785
Deferred revenues – Related Party		2,156		765
Short term financial liabilities, net		13,540		12,662
Total current Liabilities		22,111		21,915
Non-current financial liabilities, net		550		714
Other non-current liabilities		137		138
TOTAL LIABILITIES		22,798		22,767

The following table presents the results of operations for the three months ended March 31, 2025, and 2024 for the mobility and media business, classified as Discontinued Operations:


	Three months ended March 31,
	2025			2024
Revenues	$	339		$	444
Operating expenses:
Cost of revenues		73			908
Sales and marketing		—			275
General and administrative		59			299
Total operating expenses		132			1,482

Net Income (Loss) from discontinued operations		207			(1,038	)

Gain on extinguishment of AP		88			—
Interest expenses, net		(139	)		(58	)
Other income (expenses), net		(7	)		(13	)
Net income (loss) from discontinued operations		149			(1,109	)

Schedule of financial liabilities

Schedule of financial liabilities
	March 31, 2025		December 31, 2024
Unsecured loans, net		1,774		1,916
Advances from bank		12,316		11,460
Total Financial Liabilities, net		14,090		13,376
Of which classified as Current Financial Liabilities, net		13,540		12,662
Of which classified as Non-Current Financial Liabilities, net		550		714

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details

micromobility.com Inc. 10-Q