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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2022
SEGMENT REPORTING  
Summary information by segment three month ended June 30, 2022

2022

 

 

 

 

 

 

 

 

 

 

 

 

TPT SpeedConnect

 

 

Blue Collar

 

 

TPT

MedTech and QuikLABS

 

 

Corporate and other

 

 

Total

 

Revenue

 

$1,504,268

 

 

 

595,904

 

 

 

---

 

 

 

108,313

 

 

$2,208,485

 

Cost of revenue

 

$(1,404,357 )

 

 

(305,916 )

 

 

 

 

 

(68,902 )

 

$(1,779,175 )

Net income (loss)

 

$(593,826 )

 

 

116,199

 

 

 

(72,234 )

 

 

(3,985,589 )

 

$(4,535,450 )

Total assets

 

$5,872,627

 

 

 

1,540,269

 

 

 

1,364,273

 

 

 

547,289

 

 

$9,324,458

 

Depreciation and amortization

 

$(128,578 )

 

 

(2,273 )

 

 

(14,931 )

 

 

(164,484 )

 

$(310,265 )

Derivative gain

 

$

 

 

 

 

 

 

 

 

 

131,374

 

 

$131,374

 

Loss on debt extinguishment

 

$

 

 

 

 

 

 

 

 

 

(384,146 )

 

$(384,146 )

Interest expense

 

$(234,141 )

 

 

(3,063 )

 

 

 

 

 

(2,867,734 )

 

$(3,104,938 )
Summary information by segment three month ended June 30, 2021

2021

 

 

 

 

 

 

 

 

 

 

 

 

TPT SpeedConnect

 

 

Blue Collar

 

 

TPT

MedTech and QuikLABS

 

 

Corporate and other

 

 

Total

 

Revenue

 

$1,959,818

 

 

 

511,454

 

 

 

81,458

 

 

 

26,490

 

 

$2,579,180

 

Cost of sales

 

$(1,520,612 )

 

 

(212,565 )

 

 

(384,233 )

 

 

(72,231 )

 

$(2,189,641 )

Net income (loss)

 

$(355,593 )

 

 

134,320

 

 

 

(610,830 )

 

 

(1,339,095 )

 

$(2,171,198 )

Total assets

 

$9,473,626

 

 

 

1,242,360

 

 

 

483,597

 

 

 

1,287,285

 

 

$12,486,8,68

 

Depreciation and amortization

 

$(153,093 )

 

 

(27,834 )

 

 

 

 

 

(168,070 )

 

$(348,997 )

Derivative gain

 

$

 

 

 

 

 

 

 

 

 

189,274

 

 

$189,274

 

Loss on debt extinguishment

 

$

 

 

 

 

 

 

 

 

 

 

 

$

 

Interest expense

 

$(145,465 )

 

 

(6,071 )

 

 

 

 

 

(257,707 )

 

$(409,243 )
Summary information by segment six months ended June 30, 2022

2022

 

 

 

 

 

 

 

 

 

 

 

 

TPT SpeedConnect

 

 

Blue Collar

 

 

TPT

MedTech and QuikLABS

 

 

Corporate and other

 

 

Total

 

Revenue

 

$3,045,734

 

 

 

694,484

 

 

 

90,315

 

 

 

262,115

 

 

$4,092,648

 

Cost of sales

 

$(2,166,680 )

 

 

(453,161 )

 

 

 

 

 

(182,548 )

 

$(2,802,390 )

Net loss

 

$(423,191 )

 

 

(107,163 )

 

 

(89,922 )

 

 

(9,487,649 )

 

$(10,107,925 )

Total assets

 

$5,872,627

 

 

 

1,540,269

 

 

 

1,364,273

 

 

 

547,289

 

 

$9,324,458

 

Depreciation and amortization

 

$(263,796 )

 

 

(3,978 )

 

 

(29,862 )

 

 

(328,967 )

 

$(626,603 )

Derivative gain

 

$

 

 

 

 

 

 

 

 

 

388,398

 

 

$388,398

 

Loss on debt extinguishment

 

$

 

 

 

 

 

 

 

 

 

(2,367,038 )

 

$(2,367,038 )

Interest expense

 

$(378,681 )

 

 

(5,540 )

 

 

 

 

 

(3,895,062 )

 

$(4,279,283 )
Summary information by segment six months ended June 30, 2021

2021

 

 

 

 

 

 

 

 

 

 

 

 

TPT SpeedConnect

 

 

Blue Collar

 

 

TPT

MedTech and QuikLABS

 

 

Corporate and other

 

 

Total

 

Revenue

 

$4,050,224

 

 

 

711,454

 

 

 

457,108

 

 

 

72,744

 

 

$5,291,530

 

Cost of sales

 

$(3,138,744 )

 

 

(335,830 )

 

 

(766,208 )

 

 

(110,513 )

 

$(4,351,295 )

Net income (loss)

 

$(600,055 )

 

 

30,906

 

 

 

(1,051,268 )

 

 

(2,271,295 )

 

$(3,953,524 )

Total assets

 

$9,473,626

 

 

 

1,242,360

 

 

 

483,597

 

 

 

1,287,285

 

 

$12,486,868

 

Depreciation and amortization

 

$(301,640 )

 

 

(55,668 )

 

 

 

 

 

(331,705 )

 

$(689,013 )

Derivative gain

 

$

 

 

 

 

 

 

 

 

 

374,549

 

 

$374,549

 

Loss on debt extinguishment

 

$

 

 

 

 

 

 

 

 

 

 

 

$

 

Interest expense

 

$(335,934 )

 

 

(14,343 )

 

 

 

 

 

(449,845 )

 

$(800,122 )