Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Total revenues $ 1,903,602 $ 2,024,622 $ 3,818,975 $ 4,184,745
Cost of revenues        
Total cost of revenues excluding depreciation and amortization 1,220,907 1,319,609 2,437,022 2,822,934
Gross profit 682,695 705,013 1,381,953 1,361,811
Selling, general and administrative expenses 1,064,765 1,654,365 2,437,994 3,265,893
Gain on Settlement of litigation 0 (1,442,468) 0 (1,442,468)
Operating (loss) income from continuing operations (382,070) 493,116 (1,056,041) (461,614)
Other income, net 2,740 131 13,504 222
Interest expense (10,367) (36,809) (21,110) (72,257)
(Loss) income from continuing operations before income taxes and equity in net loss of affiliate (389,697) 456,438 (1,063,647) (533,649)
Provision for income taxes 0 0 0 0
Net (loss) income from continuing operations before equity in net loss of affiliate (389,697) 456,438 (1,063,647) (533,649)
Equity in net loss of affiliate 0 (221,653) 0 (245,525)
Net (loss) income $ (389,697) $ 234,785 $ (1,063,647) $ (1,115,167)
Basic (loss) earnings per share (in dollars per share) $ (0.58) $ 0.36 $ (1.65) $ (1.74)
Diluted (loss) earnings per share (in dollars per share) (0.58) 0.36    
Net loss from continuing operations     $ (1,063,647) $ (779,174)
Loss from discontinued operations     $ 0 $ (335,993)
Basic and diluted loss per share from continuing operations (in dollars per share)     $ (1.65) $ (1.22)
Basic and diluted loss per share from discontinued operations (in dollars per share)     0 (0.52)
Basic and diluted net loss per share (in dollars per share) $ (0.58) $ 0.36 $ (1.65) $ (1.74)
Weighted average common shares outstanding        
Basic (in shares) 671,060 641,995 643,025 641,208
Diluted (in shares) 671,060 648,498    
Professional Fees [Member]        
Revenues        
Total revenues $ 1,874,097 $ 1,967,957 $ 3,759,966 $ 4,071,415
Cost of revenues        
Total cost of revenues excluding depreciation and amortization 1,191,578 1,263,822 2,378,363 2,710,239
Software Sales [Member]        
Revenues        
Total revenues 29,505 56,665 59,009 113,330
Cost of revenues        
Total cost of revenues excluding depreciation and amortization $ 29,329 $ 55,787 $ 58,659 $ 112,695