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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues, net $ 4,107,771 $ 4,145,269 $ 12,044,427 $ 12,290,635
Cost of revenues 3,163,499 3,228,014 9,302,913 9,553,111
Gross profit 944,272 917,255 2,741,514 2,737,524
Operating expenses:        
Salaries and related 492,381 545,598 1,489,211 1,446,903
General and administrative 373,591 307,126 1,025,545 906,032
Share-based compensation 69,238 15,733 556,014 75,745
Amortization of other intangible assets 74,678 77,487 223,258 237,998
Total operating expenses 1,009,888 945,944 3,294,028 2,666,678
Income (loss) from operations (65,616) (28,689) (552,514) 70,846
Other income (expense):        
Other income 20,833 0 270,833 0
Income (loss) before income tax provision (44,783) (28,689) (281,681) 70,846
Income tax provision (0) (77,272) (856) (157,261)
Net loss $ (44,783) $ (105,961) $ (282,537) $ (86,415)
Net loss per share – basic and diluted (in dollars per share) $ (0.01) $ (0.01) $ (0.04) $ (0.01)
Weighted average number of common shares outstanding – basic and diluted (in shares) 8,010,837 7,786,284 7,915,069 7,778,319
Condensed consolidated statements of comprehensive loss:        
Foreign currency translation adjustments $ (52,578) $ (197,700) $ (21,102) $ (252,688)
Net loss (44,783) (105,961) (282,537) (86,415)
Other comprehensive income (loss):        
Foreign currency translation adjustments (52,578) (197,700) (21,102) (252,688)
Comprehensive loss $ (97,361) $ (303,661) $ (303,639) $ (339,103)