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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue $ 4,535,665 $ 4,015,810 $ 8,145,366 $ 7,528,583
Cost of revenues 3,513,888 3,082,761 6,325,097 5,716,519
Gross profit 1,021,777 933,049 1,820,269 1,812,064
Operating expenses:        
Salaries and related 442,796 453,274 901,305 883,449
General and administrative 299,504 240,236 598,906 483,401
Share-based compensation 41,916 144,201 60,012 407,814
Amortization of other intangible assets 78,472 125,146 160,511 246,541
Total operating expenses 862,688 962,857 1,720,734 2,021,205
Income (loss) from operations 159,089 (29,808) 99,535 (209,141)
Provision for income taxes 79,089 556 79,989 956
Net income (loss) $ 80,000 $ (30,364) $ 19,546 $ (210,097)
Basic income (loss) per share (in dollars per share) $ 0.01 $ 0 $ 0 $ (0.03)
Basic weighted-average shares outstanding (in shares) 7,775,266 7,759,142 7,774,270 7,110,755
Diluted income (loss) per share (in dollars per share) $ 0.01 $ 0 $ 0 $ (0.03)
Weighted average number of common shares outstanding - diluted (in shares) 7,801,262 7,759,142 7,804,144 7,110,755
Condensed consolidated statements of comprehensive income (loss):        
Net income (loss) $ 80,000 $ (30,364) $ 19,546 $ (210,097)
Other comprehensive income (loss):        
Foreign currency translation adjustments (93,288) 46,026 (54,988) 86,538
Comprehensive income (loss) $ (13,288) $ 15,662 $ (35,442) $ (123,559)