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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Operations    
REVENUES $ 87,338,097 $ 180,343,015
COST OF REVENUES (including amortization and depreciation of $541,842 and $922,455, respectively) 70,970,391 159,887,807
GROSS PROFIT 16,367,706 20,455,208
OPERATING EXPENSES    
Sales and marketing 2,008,733 1,871,146
General and administrative expenses (including share-based compensation of $810,281 and $717,987, respectively) 12,724,522 14,270,342
Depreciation and amortization 1,026,838 1,091,463
Total operating expenses 15,760,093 17,232,951
Income from Operations 607,613 3,222,257
OTHER INCOME (EXPENSE)    
Interest income 4,158 3,944
Interest expense (273,228) (302,924)
Other income 643,000 456
Total other income (expense) (373,930) (298,524)
INCOME BEFORE INCOME TAX PROVISION (BENEFIT) 981,543 2,923,733
INCOME TAX PROVISION (BENEFIT) (640,447) 7,399,951
NET INCOME $ 341,096 $ 10,323,684
BASIC EARNINGS PER SHARE $ 0.04 $ 1.22
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING 9,069,903 8,460,558
DILUTED EARNINGS PER SHARE $ 0.04 $ 1.20
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING 9,160,195 8,603,170