XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.2
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
Revenues $ 21,261,706 $ 16,215,686 $ 42,707,950 $ 34,327,029
Cost of services 16,250,988 12,955,782 32,795,417 27,557,996
Gross profit 5,010,718 3,259,904 9,912,533 6,769,033
Selling, general and administrative:        
Stock-based compensation 577,869 473,701 1,082,443 1,024,383
Other SG&A expenses 3,854,022 3,848,696 7,727,241 7,643,842
Depreciation and amortization 522,999 807,934 1,041,028 1,522,869
Total selling, general and administrative expenses 4,954,890 5,130,331 9,850,712 10,191,094
Operating income (loss) 55,828 (1,870,427) 61,821 (3,422,061)
Other income and (expense):        
Interest income 218,844 1,166 311,772 1,747
Interest expense (533) (1,084) (1,195) (2,301)
Other income and (expense), net 218,311 82 310,577 (554)
Income (Loss) before income taxes 274,139 (1,870,345) 372,398 (3,422,615)
Income tax expense 69,098 70,000 152,524 140,000
Net Income (Loss) $ 205,041 $ (1,940,345) $ 219,874 $ (3,562,615)
Income (Loss) Per Share        
Basic income (loss) per common share: (in dollars per share) $ 0.01 $ (0.10) $ 0.01 $ (0.18)
Diluted income (loss) per common share: (in dollars per share) $ 0.01 $ (0.10) $ 0.01 $ (0.18)
Weighted average common shares outstanding        
Basic (in shares) 20,128,429 20,316,572 20,125,440 20,298,573
Diluted (in shares) 26,413,329 20,316,572 26,410,340 20,298,573