Business Segment Information

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Business Segment Information

10. Business Segment Information

The Company conducts business as two operating segments, Transportation Services and Mobile Health services. In accordance with ASC 280, Segment Reporting, operating segments are components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, who is the chief executive officer, in deciding how to allocate resources and assessing performance. The Company’s business operates in two operating segments because the Company’s entities have two main revenue streams, and the Company’s chief operating decision maker evaluates the Company’s financial information and resources and assesses the performance of these resources by revenue stream.

The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its Transportation Services and Mobile Health services segments based primarily on results of operations.

Operating results for the business segments of the Company are as follows:

	Transportation  Services			Mobile Health Services			Total
Three Months Ended June 30, 2022
Revenues	$	22,175,233		$	87,344,071		$	109,519,304
Income (loss) from operations		(19,493,937	)		26,951,694		$	7,457,757
Total assets	$	198,330,033		$	133,525,355		$	331,855,388
Depreciation and amortization expense	$	1,819,937		$	217,834		$	2,037,771
Stock compensation	$	511,990		$	1,487,629		$	1,999,619
Long-lived assets	$	28,216,054		$	3,116,310		$	31,332,364
Three Months Ended June 30, 2021
Revenues	$	28,936,421			33,249,576		$	62,185,997
Income (loss) from operations		(598,737	)		857,496			258,759
Total assets	$	94,500,701		$	28,634,083		$	123,134,784
Depreciation and amortization expense	$	(1,756,843	)	$	(140,208	)	$	(1,897,051	)
Stock compensation	$	360,600		$	9,400		$	370,000
Long-lived assets	$	25,939,839		$	1,905,129		$	27,844,968

	Transportation  Services			Mobile Health Services		Total
Six Months Ended June 30, 2022
Revenues	$	49,987,743		$	177,423,113	$	227,410,856
Income (loss) from operations		(28,822,314	)		46,374,636	$	17,552,322
Total assets	$	198,330,033		$	133,525,355	$	331,855,388
Depreciation and amortization expense	$	3,807,258		$	431,534	$	4,238,792
Stock compensation	$	879,809		$	2,542,747	$	3,422,556
Long-lived assets	$	28,216,054		$	3,116,310	$	31,332,364
Six Months Ended June 30, 2021
Revenues	$	47,740,979			63,814,412	$	111,555,391
Income (loss) from operations		(4,000,937	)		2,385,739		(1,615,198	)
Total assets	$	94,500,701		$	28,634,083	$	123,134,784
Depreciation and amortization expense	$	3,354,519		$	140,208	$	3,494,727
Stock compensation	$	752,134		$	9,400	$	761,534
Long-lived assets	$	25,939,839		$	1,905,129	$	27,844,968

Long-lived assets include property, plant and equipment, goodwill and intangible assets.

Geographic Information

Revenues by geographic location are included in Note 2.