Business Segment Information

9 Months Ended

Sep. 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 September 30, 2022
Revenues	$	27,670,109		$	76,649,785	$	104,319,894
Income (loss) from operations		(4,213,156	)		8,412,346	$	4,199,190
Total assets	$	173,789,449		$	182,130,761	$	355,920,210
Depreciation and amortization expense	$	2,464,694		$	550,170	$	3,014,864
Stock compensation	$	373,641		$	737,562	$	1,111,203
Long-lived assets	$	19,584,744		$	53,174,239	$	72,758,983
Three Months Ended September 30, 2021
Revenues	$	17,916,162			67,922,826	$	85,838,988
Income (loss) from operations		(11,308,739	)		12,827,957		1,519,218
Total assets	$	115,444,782		$	28,634,083	$	144,078,865
Depreciation and amortization expense	$	1,860,088		$	159,488	$	2,019,576
Stock compensation	$	458,346		$	4,700	$	463,046
Long-lived assets	$	25,641,586		$	2,252,650	$	27,894,236

	Transportation  Services			Mobile Health Services		Total
Nine Months Ended September 30, 2022
Revenues	$	77,657,852		$	254,072,898	$	331,730,750
Income (loss) from operations		(33,035,470	)		54,786,982	$	21,751,512
Total assets	$	173,789,449		$	182,130,761	$	355,920,210
Depreciation and amortization expense	$	6,271,952		$	981,704	$	7,253,656
Stock compensation	$	1,253,450		$	3,280,309	$	4,533,759
Long-lived assets	$	19,584,744		$	53,174,239	$	72,758,983
Nine Months Ended September 30, 2021
Revenues	$	65,657,142			131,737,237	$	197,394,379
Income (loss) from operations		(15,309,680	)		15,213,696		(95,984	)
Total assets	$	115,444,782		$	28,634,083	$	144,078,865
Depreciation and amortization expense	$	5,214,607		$	299,696	$	5,514,303
Stock compensation	$	1,215,180		$	9,400	$	1,224,580
Long-lived assets	$	25,641,586		$	2,252,650	$	27,894,236

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

Geographic Information

Revenues by geographic location are included in Note 2.