Note 6 - Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	Useful Lives (years)	Amounts			Valuation Methodology
Cash		$	81,473
Accounts receivable			611,471
Other current assets			6,338
Intangible assets with estimated useful lives:
Customer relationships	8		1,090,000		Replacement cost and relief from royalty
Non-compete agreements	3		120,000		Multi-period excess earnings
Intangible assets with indefinite lives:
Trade names			280,000
Goodwill			785,000
Total assets acquired			2,974,282
Current liabilities			(458,925	)
Net assets acquired		$	2,515,357

	Useful Lives (years)	Amounts			Valuation Methodology
Cash		$	20,235
Fixed assets			8,902
Intangible assets with estimated useful lives:
Technology	5		2,900,000		Replacement cost and relief from royalty
Customer relationships	6		3,860,000		Multi-period excess earnings
Goodwill			4,560,099
Total assets acquired			11,349,236
Current liabilities			(344,136	)
Net assets acquired		$	11,005,100

Business Acquisition, Pro Forma Information [Table Text Block]

	Three months ended September 30,						Nine months ended September 30,
	2022			2021			2022			2021
Revenues	$	2,306,379		$	4,299,925		$	9,619,273		$	13,677,429
Net loss	$	(4,700,519	)	$	(802,424	)	$	(8,304,268	)	$	(2,128,680	)

Gray Matters [Member]

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Net cash consideration	$	7,240,100
Buyer common stock		1,500,000
Fair value of deferred consideration		1,335,000
Fair value of contingent consideration		930,000
Total	$	11,005,100