XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 16,215,686 $ 15,233,141 $ 34,327,029 $ 28,694,691
Cost of services 12,955,782 11,105,696 27,557,996 21,660,009
Gross profit 3,259,904 4,127,445 6,769,033 7,034,682
Selling, general and administrative:        
Stock-based compensation 473,701 317,285 1,024,383 645,000
Other SG&A expenses 3,848,696 2,845,213 7,643,842 5,505,247
Depreciation and amortization 807,934 627,149 1,522,869 1,249,356
Total selling, general and administrative expenses 5,130,331 3,789,647 10,191,094 7,399,603
Operating income (loss) (1,870,427) 337,798 (3,422,061) (364,921)
Other income and (expense):        
Interest income 1,166 2,169 1,747 4,636
Interest expense (1,084) (1,484) (2,301) (1,484)
Other income and (expense), net 82 685 (554) 3,152
Income (Loss) before income taxes (1,870,345) 338,483 (3,422,615) (361,769)
Income tax expense 70,000 120,000 140,000 140,000
Net income (Loss) $ (1,940,345) $ 218,483 $ (3,562,615) $ (501,769)
Income (Loss) Per Share        
Basic income (loss) per common share: (in dollars per share) $ (0.10) $ 0.01 $ (0.18) $ (0.03)
Diluted income (loss) per common share: (in dollars per share) $ (0.10) $ 0.01 $ (0.18) $ (0.03)
Weighted average common shares outstanding        
Basic (in shares) 20,316,572 19,993,387 20,298,573 19,962,661
Diluted (in shares) 20,316,572 24,962,389 20,298,573 19,962,661