Business Segment Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Business Segment Information

12. 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
For the Year Ended December 31, 2022
Revenues	$	114,624,306		$	325,891,440	$	440,515,746
Income (loss) from operations		(45,676,221	)		67,507,849		21,831,628
Total assets		276,456,130			116,821,498		393,277,628
Depreciation and amortization expense		8,787,570			1,778,008		10,565,578
Stock compensation		2,013,643			6,040,928		8,054,571
Long-lived assets		32,302,611			50,825,223		83,127,834
For the Year Ended December 31, 2021
Revenues	$	84,268,817		$	234,449,763	$	318,718,580
Income (loss) from operations		(26,365,962	)		41,723,260		15,357,298
Total assets		229,206,964			80,395,688		309,602,652
Depreciation and amortization expense		5,508,679			2,002,900		7,511,579
Stock compensation		592,664			783,689		1,376,353
Long-lived assets		28,814,481			3,284,423		32,098,904

Long-lived assets include Property and equipment, Goodwill and Intangible assets.

Geographic Information

Revenues by geographic location included in Note 2.