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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
REVENUES $ 2,813,780 $ 2,265,117 $ 5,645,170 $ 4,475,961
COST OF REVENUES 1,905,139 1,878,558 3,913,625 3,694,559
GROSS PROFIT 908,641 386,559 1,731,545 781,402
OPERATING EXPENSES:        
General and administrative 477,366 247,419 932,760 388,690
Salaries and benefits 285,359 145,412 526,964 273,104
Professional fees 221,529 191,063 398,686 237,067
Loss on disposal of property, plant and equipment 0 0 17,494 0
Other operating expenses 137,991 0 137,991 0
TOTAL OPERATING EXPENSES 1,122,245 583,894 2,013,895 898,861
LOSS FROM OPERATIONS (213,604) (197,335) (282,350) (117,459)
OTHER INCOME (EXPENSE):        
Interest and investment income 151,921 167,781 302,772 290,153
Trademark and licensing income 8,360 11,381 14,728 18,906
Other miscellaneous income (expense) (2,381) (4,859) (4,753) 78,749
TOTAL OTHER INCOME 157,900 174,303 312,747 387,808
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (55,704) (23,032) 30,397 270,349
Income tax expense 0 0 0 0
INCOME (LOSS) FROM CONTINUING OPERATIONS (55,704) (23,032) 30,397 270,349
Discontinued operations:        
Income (loss) from discontinued operations before income taxes 258,496 (313,433) (150,373) (1,413,798)
Income tax expense 0 0 0 0
Income (loss) from discontinued operations (Note 11) 258,496 (313,433) (150,373) (1,413,798)
Net income (loss) 202,792 (336,465) (119,976) (1,143,449)
Preferred dividends (1,875) (1,875) (3,750) (3,750)
Net income (loss) available to common stockholders $ 200,917 $ (338,340) $ (123,726) $ (1,147,199)
Basic and diluted earnings per common share:        
Income (loss) from discontinued operations       $ 0.01
Net income (loss)       (0.01)
Weighted average shares outstanding:        
Basic $ 108,438,984 $ 107,647,317 $ 108,173,645 107,504,628
Diluted $ 108,943,126 $ 107,647,317 $ 108,425,716 $ 107,504,628