Note 2 - Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

	June 30, 2020			June 30, 2019
Income Statement
Net Sales	$	615,388		$	3,204,434
Cost of Sales		941,230			1,987,637
Gross Loss		(325,842	)		1,216,797
Selling, general and administrative		330,446			511,164
Operating income (loss)		(656,288	)		705,633
Other income (loss)		9,233			(25,053	)
Total pretax income (loss) from discontinued operations		(665,521	)		730,686
Gain from classification to held for sale		65,565			-
Net income (loss) prior to non-controlling interest		(599,956	)		730,686
Non-controlling Interest share of profit/loss		70,576			(306	)
Net (loss) income		(670,532	)		730,992

	June 30, 2020			June 30, 2019
Income Statement
Net Sales	$	1,672,445		$	7,060,806
Cost of Sales		2,115,275			5,804,844
Gross profit (loss)		(442,830	)		1,255,962
Selling, general and administrative		854,995			1,326,343
Operating loss		(1,297,825	)		(70,381	)
Other income (expense)		22,453			(270,278	)
Total pretax loss from discontinued operations		(1,320,278	)		(43,353	)
Gain from classification to held for sale		233,685			-
Net (loss) income prior to non-controlling interest		(1,086,593	)		(43,353	)
Non-controlling Interest share of profit (loss)		222,670			(76,323	)
Net income (loss)		(1,309,263	)		32,970

	June 30, 2020			December 31, 2019
Balance Sheet
Assets
Current Assets
Cash on hand and Banks	$	151,680		$	4,307
Accounts Receivable		424,296			539,910
Inventory		-			74,383
Prepaid and Other		78,471			135,912
TOTAL Current Assets		654,447			754,512
NET Property, Plant, and Equipment		7,334			53,919
Other Assets
Operating lease right-of-use		181,278			220,541
Other		32,543			47,958
TOTAL Other Assets		213,821			268,499
TOTAL Non-Current Assets		221,155			322,418
Valuation Allowance on Assets Held for Sale		(87,214	)		(320,899	)
TOTAL Assets	$	788,388		$	756,031
Liabilities
Current Liabilities
Trade Accounts Payable	$	74,095		$	384,333
Operating Lease Liabilities - Current		123,153			203,291
Other/Accrued Liabilities		18,486			19,562
TOTAL Current Liabilities		215,734			607,186
Non-Current Liabilities
Operating Lease Liabilities - Non Current		58,126			17,250
Other Non-Current		33,029			32,317
TOTAL Non-Current Liabilities		91,155			49,567
TOTAL Liabilities	$	306,889		$	656,753

	Six Months Ended
	June 30,
	2020		2019
Depreciation		213,491		178,997