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Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Summary of Significant Accounting Policies    
Disaggregation Of Revenue

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Managed support services

 

$1,115,607

 

 

$1,057,431

 

 

$2,204,614

 

 

$2,128,331

 

Cybersecurity projects and software

 

 

580,885

 

 

 

689,073

 

 

 

1,158,948

 

 

 

1,391,515

 

Other IT consulting services

 

 

0

 

 

 

51,000

 

 

 

0

 

 

 

102,000

 

Total sales

 

$1,696,492

 

 

$1,797,504

 

 

$3,363,562

 

 

$3,621,846

 

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

Managed support services        

 

$4,325,067

 

 

$4,669,570

 

Cybersecurity projects and software

 

 

2,780,175

 

 

 

2,285,876

 

Other IT consulting services

 

 

119,000

 

 

 

264,000

 

Total sales

 

$7,224,242

 

 

$7,219,446

 

Schedule Of Earnings Per Share, Basic And Diluted

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator for basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(833,200)

 

$(416,503)

 

$(1,701,434)

 

$(568,730)

Basic and diluted net loss per share

 

$(1.88)

 

$(1.07)

 

$(3.87)

 

$(1.46)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted shares

 

 

443,953

 

 

 

389,845

 

 

 

440,005

 

 

 

388,675

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from net loss per share calculation

 

 

319,350

 

 

 

308,644

 

 

 

319,350

 

 

 

308,644

 

 

Certain common shares issuable under stock options and convertible notes payable have been omitted from the diluted net loss per share calculation because their inclusion is considered anti-dilutive because the exercise prices were greater than the average market price of the common shares or their inclusion would have been anti-dilutive.

 

 

Years ended December 31,

 

 

 

2021

 

 

2020

 

Numerator for basic and diluted net income per share:

 

 

 

 

 

 

Net income (loss)

 

$(1,568,813)

 

$675,996

 

Weighted average common shares outstanding - Basic

 

 

401,637

 

 

 

 387,492

 

Basic net income (loss) per share

 

$(3.91)

 

$1.74

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities-stock options

 

 

 0

 

 

 

 82,879

 

Effect of dilutive securities-convertible debt

 

 

 0

 

 

 

 108,964

 

Weighted average common shares outstanding - Diluted

 

 

401,637

 

 

 

579,335

 

Diluted net income (loss) per share

 

$

 (3.91

) 

 

$

 1.17

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from net income per share

 

 

301,651

 

 

 

52,867