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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
REVENUES $ 26,762,857 $ 23,057,354 $ 52,036,538 $ 45,493,781
COST OF REVENUES (including amortization and depreciation of $508,025, $306,938, $1,010,585, and $594,456, respectively) 22,853,220 19,737,710 44,316,961 38,277,412
GROSS PROFIT 3,909,637 3,319,644 7,719,577 7,216,369
OPERATING EXPENSES        
Sales and marketing 542,172 562,623 1,063,850 1,137,792
General and administrative expenses (including share-based compensation of $95,454, $89,385, $235,570 and $269,126, respectively 3,830,513 3,817,316 7,741,333 7,562,545
Goodwill impairment 0 16,277,000 0 16,277,000
Depreciation and amortization 263,684 274,088 529,527 538,449
Total operating expenses 4,636,369 20,931,027 9,334,710 25,515,786
LOSS FROM OPERATIONS (726,732) (17,611,383) (1,615,133) (18,299,417)
OTHER INCOME (EXPENSE)        
Interest income 9,245 4,158 11,441 10,728
Interest expense (56,910) (62,826) (115,688) (126,347)
Other (expense) income, net (18,864) 669,990 (19,058) 971,003
Total other income (expense), net (66,529) 611,322 (123,305) 855,384
LOSS BEFORE INCOME TAX PROVISION (BENEFIT) (793,261) (17,000,061) (1,738,438) (17,444,033)
INCOME TAX PROVISION (BENEFIT) 48,812 (3,240,852) 55,114 (3,291,927)
NET LOSS $ (842,073) $ (13,759,209) $ (1,793,552) $ (14,152,106)
EARNINGS PER SHARE, BASIC AND DILUTED $ (0.10) $ (1.58) $ (0.20) $ (1.62)
WEIGHTED-AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED 8,794,704 8,696,111 8,767,163 8,739,043