Note 2 - Sale and Deconsolidation of GMI and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Disposal Groups, Including Discontinued Operations, Consideration Received [Table Text Block]

Consideration	Amount		Description and Valuation Methodology
Cash at closing	$	935,974	Cash received at closing less estimated value of transition services to be provided.
Cash after closing		133,148	Actual cash operating expenses of GMI from March 1 through March 17, 2023 (prior to the transfer of GMI to GMDC).
GMDC common stock		581,000	Based on Series A preferred stock issuance to other GMDC investors for $3,000,000 in cash and application of an option pricing model backsolve method and a minority interest discount to estimate the fair value of the common shares of GMDC.
Contingent payments		682,000	Estimated by applying a discount rate of 40.8% to the projected cash receipts expected over the 7-year horizon.
Total consideration	$	2,332,122

Disposal Groups, Including Discontinued Operations [Table Text Block]

	2023			2022
Revenue	$	-		$	998,970
Cost of revenue		74,223			1,281,656
Excess of contract costs over revenue		(74,223	)		(282,686	)
Operating expenses -
Salaries and benefits		484,249			1,337,788
Intangibles amortization		85,338			1,223,328
Stock based compensation, before forfeitures		65,487			691,472
Forfeiture of stock options		(407,322	)		-
Other operating expenses		134,633			530,294
Change in fair value of contingent consideration		-			(930,000	)
Impairment of long-lived assets		-			3,762,915
Goodwill impairment		-			6,460,168
Gain on disposal of business		(100,615	)		-
Loss before income tax benefit		(335,993	)		(13,358,651	)
Income tax benefit		-			1,910,741
Net loss on discontinued operations	$	(335,993	)	$	(11,447,910	)

	December 31,
	2022
Customer relationship intangible asset, net of amortization	$	1,057,722
Technology intangible asset, net of amortization		760,698
Capitalized software development costs		498,425
Total assets of discontinued operations	$	2,316,845

Schedule Of Disposal Groups Including Discontinued Operations Provisions For Income Tax [Table Text Block]

	2023			2022
Loss from discontinued operations before income tax benefit	$	(335,993	)	$	(13,358,651	)
Income tax benefit at federal statutory rate		70,559			2,805,317
State income tax benefit, net of federal benefit		-			392,699
Permanent Differences		-			(1,158,687	)
Net Operating Loss ("NOL") expirations		(7,084	)		-
Other		(47,203	)		(11,675	)
Change in federal valuation allowance		(16,272	)		(116,913	)
Income tax benefit		-			1,910,741