XML 35 R26.htm IDEA: XBRL DOCUMENT v3.21.1
Discontinued Operations; Note Receivable (Tables)
12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

The operating results for UGO, ECS Prepaid, Electronic Check Services and the Central State Legal Services have been presented in the accompanying consolidated statements of operations for the years ended December 31, 2020 and 2019 as discontinued operations and are summarized below:

 

    Years Ended December 31,  
    2020     2019  
Revenue   $ 8,291,842     $ 42,998,336  
Cost of revenue     7,900,122       41,596,118  
Gross Profit     391,720       1,402,218  
Operating expenses     408,644       2,477,084  
Loss from operations     (16,924 )     (1,074,866 )
Other income (expenses)     -       (3 )
Net loss   $ (16,924 )   $ (1,074,869 )

 

The assets and liabilities of the discontinued operations at December 31, 2020 and 2019 are summarized below:

 

    December 31,     December 31,  
    2020     2019  
             
Current assets   $ -     $ 89,123  
Property and equipment     -       117,686  
Total assets   $ -     $ 206,809  
                 
Current liabilities   $ -     $ 1,151,073  
Total liabilities   $ -     $ 1,151,073