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Note 14 - Industry Segments (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
                      

Total

 

Year Ended December 31, 2025

 

GIG

  

LMH

  

BOB

  

BOAM

  

Unallocated

  

Consolidated

 
                         

Operating Revenues

 $27,236,435  $45,851,335  $41,194,668  $93,910  $-  $114,376,348 

Cost of Revenues

  14,432,722   14,931,320   9,701,996   -   -   39,066,038 

Gross Margin

  12,803,713   30,920,015   31,492,672   93,910   -   75,310,310 

Other Operating Expenses

                        

Employee costs

  9,265,087   8,621,513   14,546,120   -   1,851,856   34,284,576 

Professional fees

  1,116,729   290,820   507,448   706,417   1,496,508   4,117,922 

General and administrative

  3,098,548   4,042,182   6,904,287   165,035   1,672,560   15,882,612 

Depreciation

  180,380   5,311,586   11,417,378   -   110,913   17,020,257 

Amortization

  160,246   3,885,881   3,566,037   -   138,889   7,751,053 

Accretion

  -   204,101   13,775   -   -   217,876 

(Gain) loss on disposition of assets

  -   (76,985)  41,146   -   -   (35,839)

Total expenses

  13,820,990   22,279,098   36,996,191   871,452   5,270,726   79,238,457 

Segment (Loss) Income from Operations

  (1,017,277)  8,640,917   (5,503,519)  (777,542)  (5,270,726)  (3,928,147)
                         

Interest expense

  -   (1,662,174)  (667,869)  -   -   (2,330,043)

Interest and dividend income

  -   194,731   83,982   29,218   895,161   1,203,092 

Equity in income of unconsolidated affiliates

  1,853,386   -   -   -   4,691,285   6,544,671 

Other investment income (loss)

  301,915   -   -   (6,920,718)  (13,255,466)  (19,874,269)

Noncontrolling interest in subsidiary (income) loss

  -   -   (15,304)  5,893,202   -   5,877,898 

Income tax benefit

  -   -   -   -   79,258   79,258 

Net Income (Loss) Attributable to Common Stockholders

 $1,138,024  $7,173,474  $(6,102,710) $(1,775,840) $(12,860,488) $(12,427,540)
                         

Segment adjusted EBITDA

 $(676,651) $17,965,500  $9,534,817  $(777,542) $(5,020,924) $21,025,200 
                         

Capital expenditures

 $-  $1,987,436  $25,910,709  $-  $-  $27,898,145 
                      

Total

 

Year Ended December 31, 2024

 

GIG

  

LMH

  

BOB

  

BOAM

  

Unallocated

  

Consolidated

 
                         

Operating Revenues

 $23,851,450  $45,153,076  $39,098,228  $172,147  $-  $108,274,901 

Cost of Revenues

  9,400,691   15,496,805   9,444,030   -   -   34,341,526 

Gross Margin

  14,450,759   29,656,271   29,654,198   172,147   -   73,933,375 

Other Operating Expenses

                        

Employee costs

  8,499,669   7,812,497   15,541,832   766,064   5,526,131   38,146,193 

Professional fees

  487,447   223,165   850,528   754,253   2,582,751   4,898,144 

General and administrative

  2,647,495   4,033,121   7,418,184   562,824   1,576,030   16,237,654 

Depreciation

  154,897   5,151,286   9,078,651   -   110,913   14,495,747 

Amortization

  160,247   3,902,738   3,509,856   -   111,111   7,683,952 

Accretion

  -   204,659   13,813   -   -   218,472 

Loss on disposition of assets

  -   63,455   657,236   -   -   720,691 

Total expenses

  11,949,755   21,390,921   37,070,100   2,083,141   9,906,936   82,400,853 

Segment Income (Loss) from Operations

  2,501,004   8,265,350   (7,415,902)  (1,910,994)  (9,906,936)  (8,467,478)
                         

Interest expense

  -   (1,547,124)  (51,124)  -   -   (1,598,248)

Interest and dividend income

  -   136,908   19,105   536,524   693,347   1,385,884 

Equity in loss of unconsolidated affiliates

  -   -   -   -   (17,283,281)  (17,283,281)

Other investment income

  218,015   -   -   7,815,912   21,025,790   29,059,717 

Noncontrolling interest in subsidiary income

  -   -   -   (4,599,100)  (64,765)  (4,663,865)

Income tax benefit

  -   -   -   -   274,821   274,821 

Net Income (Loss) Attributable to Common Stockholders

 $2,719,019  $6,855,134  $(7,447,921) $1,842,342  $(5,261,024) $(1,292,450)
                         

Segment adjusted EBITDA

 $2,816,148  $17,587,488  $5,843,654  $(1,910,994) $(9,684,912) $14,651,384 
                         

Capital expenditures

 $28,951  $2,462,001  $29,460,239  $-  $250,000  $32,201,191 
 
                      

Total

 

As of December 31, 2024

 

GIG

  

LMH

  

BOB

  

BOAM

  

Unallocated

  

Consolidated

 
                         

Accounts receivable, net

 $7,224,005  $4,132,055  $893,476  $184,051  $-  $12,433,587 

Goodwill

  11,325,138   130,903,950   39,614,422   536,626   -   182,380,136 

Total assets

  86,670,669   260,220,162   198,226,268   52,593,429   130,635,201   728,345,729