XML 12 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
REVENUE $ 1,040,853 $ 1,052,408 $ 3,141,594 $ 3,231,267
COST OF REVENUE 274,476 229,197 769,764 671,807
Gross profit 766,377 823,211 2,371,830 2,559,460
OPERATING EXPENSES        
Sales and marketing 190,725 138,681 551,844 469,714
General and administrative expenses 454,808 440,748 1,337,151 1,356,812
Depreciation and amortization 4,027 4,397 12,570 11,304
Total operating expenses 649,560 583,826 1,901,565 1,837,830
INCOME FROM OPERATIONS 116,817 239,385 470,265 721,630
OTHER INCOME 38,161 12,720 108,088 17,016
NET INCOME BEFORE INCOME TAX 154,978 252,105 578,353 738,646
Income tax expense (39,780) (64,145) (147,588) (188,313)
Net Income (Loss) Attributable to Parent 115,198 187,960 430,765 550,333
Preferred stock dividends (17,002) (14,839) (51,006) (45,049)
Net income available to common shareholders $ 98,196 $ 173,121 $ 379,759 $ 505,284
Earnings Per Share        
Basic income per share $ 0.01 $ 0.01 $ 0.02 $ 0.03
Diluted income per share $ 0.01 $ 0.01 $ 0.02 $ 0.03
Weighted Average Number of Shares Outstanding, Basic 19,565,087 19,182,754 19,431,552 18,137,640
Weighted Average Number of Shares Outstanding, Diluted 19,744,026 19,708,698 19,611,889 18,667,822