XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
REVENUE $ 2,503,573 $ 3,587,925 $ 4,714,417 $ 7,168,231
COST OF REVENUE 2,207,677 2,865,515 4,953,940 5,306,433
GROSS PROFIT (LOSS) 295,896 722,410 (239,523) 1,861,798
OPERATING EXPENSES        
General and administrative 364,365 220,591 519,959 381,272
Salaries and benefits 145,412 72,912 273,104 146,047
Other operating expenses 43,003 14,045 151,348 17,960
Professional fees 253,205 47,927 338,011 170,004
TOTAL OPERATING EXPENSES 805,985 355,475 1,282,422 715,283
INCOME (LOSS) FROM OPERATIONS (510,089) 366,935 (1,521,945) 1,146,515
OTHER INCOME (EXPENSE)        
Interest and investment income 167,781 30,052 290,153 39,706
Change in fair value of investments 0 (93,458) 0 (93,458)
Trademark and licensing income 11,381 60,775 18,906 60,775
Other miscellaneous income (expense) (5,538) (3,081) 69,437 (6,063)
TOTAL OTHER INCOME (EXPENSE) 173,624 (5,712) 378,496 960
NET INCOME (LOSS) (336,465) 361,223 (1,143,449) 1,147,475
Preferred dividends (1,875) (11,819) (3,750) (23,639)
Net income (loss) available to common stockholders $ (338,340) $ 349,404 $ (1,147,199) $ 1,123,836
Net income (loss) per share of common stock        
Basic and diluted $ (0.01) $ 0.01    
Weighted average shares outstanding:        
Basic 107,647,317 106,240,361 107,504,628 106,240,361
Diluted 107,647,317 106,240,361 107,504,628 106,240,361