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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues, net $ 4,130,381 $ 4,535,665 $ 7,936,656 $ 8,145,366
Cost of revenues 3,185,733 3,513,888 6,139,414 6,325,097
Gross profit 944,648 1,021,777 1,797,242 1,820,269
Operating expenses:        
Salaries and related 501,329 442,796 996,830 901,305
General and administrative 341,937 299,504 651,954 598,906
Share-based compensation 94,238 41,916 486,776 60,012
Amortization of other intangible assets 74,514 78,472 148,580 160,511
Total operating expenses 1,012,018 862,688 2,284,140 1,720,734
Income (loss) from operations (67,370) 159,089 (486,898) 99,535
Other income (expense):        
Other income 125,000 0 250,000 0
Income (loss) before income tax provision 57,630 159,089 (236,898) 99,535
Income tax provision 456 79,089 856 79,989
Net income (loss) $ 57,174 $ 80,000 $ (237,754) $ 19,546
Net income (loss) per share – basic (in dollars per share) $ 0.01 $ 0.01 $ (0.03) $ 0
Weighted average number of common shares outstanding - basic (in shares) 8,008,312 7,775,266 7,866,386 7,774,270
Net income (loss) per share – diluted (in dollars per share) $ 0.01 $ 0.01 $ (0.03) $ 0
Weighted average number of common shares outstanding - diluted (in shares) 8,013,295 7,801,262 7,866,386 7,804,144
Condensed consolidated statements of comprehensive income (loss):        
Net income (loss) $ 57,174 $ 80,000 $ (237,754) $ 19,546
Other comprehensive income (loss):        
Foreign currency translation adjustments 33,772 (93,288) 31,476 (54,988)
Comprehensive income (loss) $ 90,946 $ (13,288) $ (206,278) $ (35,442)