Annual report pursuant to Section 13 and 15(d)

Segment Information (Details 1)

v3.23.1
Segment Information (Details 1) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]        
Accounts receivable $ 3,502,836 $ 2,384,367 $ 3,502,836 $ 2,384,367
Prepaid expenses and other current assets 584,666 536,401 584,666 536,401
Net Property and Equipment 2,211,790 1,937,471 2,211,790 1,937,471
Intangible assets, net 1,975,644 2,254,566 1,975,644 2,254,566
Goodwill 4,238,671 6,560,671 4,238,671 6,560,671
Operating lease right-of-use assets 226,501 422,318 226,501 422,318
All other assets 11,346,127 12,239,029 11,346,127 12,239,029
Total Assets 24,086,235 26,334,823 24,086,235 26,334,823
Accounts payable and accrued expenses 3,207,577 1,343,391 3,207,577 1,343,391
Deferred revenue 281,060 366,859 281,060 366,859
Total Finance leases payable 641,110 373,723 641,110 373,723
Total Finance leases payable related party 776,864 1,204,447 776,864 1,204,447
Total Operating lease liabilities 232,429 431,758 232,429 431,758
Total Liabilities 5,139,040 3,720,178 5,139,040 3,720,178
Sales 23,870,837 14,876,227 23,870,837 14,876,227
Cost of sales     15,787,544 8,459,117
Gross Profit     8,083,293 6,417,110
Selling, general and administrative     8,611,397 5,899,837
Impairment of goodwill     2,322,000
Depreciation and amortization     1,225,911 1,284,345
Total operating expenses     12,159,308 7,184,182
Loss from Operations     (4,076,015) (767,072)
Interest expense, net     (130,087) (126,746)
 Other expense     (75,418)
Impairment of deferred offering costs     (127,343)  
Total Other Income (Expense)     (332,848) 627,362
Income (Loss) before provision for income taxes     (4,408,863) (139,710)
All other expenses       754,108
Nexxis Inc [Member]        
Segment Reporting Information [Line Items]        
Accounts receivable 34,903 19,094 34,903 19,094
Prepaid expenses and other current assets 16,799 6,117 16,799 6,117
Net Property and Equipment
Intangible assets, net
Goodwill
Operating lease right-of-use assets
All other assets
Total Assets 51,702 25,211 51,702 25,211
Accounts payable and accrued expenses 40,091 49,291 40,091 49,291
Deferred revenue
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities
Total Liabilities 40,091 49,291 40,091 49,291
Sales     931,341 817,175
Cost of sales     600,410 527,159
Gross Profit     330,931 290,016
Selling, general and administrative     403,370 329,628
Depreciation and amortization    
Total operating expenses     403,370 329,628
Loss from Operations     (72,439) (39,612)
Interest expense, net    
 Other expense      
Impairment of deferred offering costs      
Total Other Income (Expense)    
Income (Loss) before provision for income taxes     (72,439) (39,612)
All other expenses      
Flagship Solutions L L C [Member]        
Segment Reporting Information [Line Items]        
Accounts receivable 1,924,184 1,437,840 1,924,184 1,437,840
Prepaid expenses and other current assets 213,826 330,777 213,826 330,777
Net Property and Equipment 19,705 6,036 19,705 6,036
Intangible assets, net 1,696,376 1,975,298 1,696,376 1,975,298
Goodwill 1,222,971 3,544,971 1,222,971 3,544,971
Operating lease right-of-use assets 167,761 268,698 167,761 268,698
All other assets
Total Assets 5,244,823 7,563,620 5,244,823 7,563,620
Accounts payable and accrued expenses 1,563,408 274,387 1,563,408 274,387
Deferred revenue 165,725 165,725
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities 169,469 269,407 169,469 269,407
Total Liabilities 1,898,602 543,794 1,898,602 543,794
Sales     11,395,770 3,853,473
Cost of sales     9,041,684 2,334,331
Gross Profit     2,354,086 1,519,142
Selling, general and administrative     3,599,572 1,965,727
Impairment of goodwill     2,322,000  
Depreciation and amortization     282,684 168,011.00
Total operating expenses     6,204,256 2,133,738
Loss from Operations     (3,850,170) (614,596)
Interest expense, net     (319) (3,423)
 Other expense     (75,418)  
Impairment of deferred offering costs      
Total Other Income (Expense)     (75,737) 307,300
Income (Loss) before provision for income taxes     (3,925,907) (307,296)
All other expenses       310,723
Cloud First Technologies [Member]        
Segment Reporting Information [Line Items]        
Accounts receivable 1,543,749 927,433 1,543,749 927,433
Prepaid expenses and other current assets 285,306 198,860 285,306 198,860
Net Property and Equipment 2,192,085 1,931,435 2,192,085 1,931,435
Intangible assets, net 279,268 279,268 279,268 279,268
Goodwill 3,015,700 3,015,700 3,015,700 3,015,700
Operating lease right-of-use assets 58,740 153,620 58,740 153,620
All other assets
Total Assets 7,374,848 6,506,316 7,374,848 6,506,316
Accounts payable and accrued expenses 1,069,278 812,192 1,069,278 812,192
Deferred revenue 115,335 366,859 115,335 366,859
Total Finance leases payable 641,110 373,723 641,110 373,723
Total Finance leases payable related party 776,864 1,204,447 776,864 1,204,447
Total Operating lease liabilities 62,960 162,351 62,960 162,351
Total Liabilities 2,665,547 2,919,572 2,665,547 2,919,572
Sales     11,543,726 10,205,579
Cost of sales     6,145,450 5,597,627
Gross Profit     5,398,276 4,607,952
Selling, general and administrative     2,391,613 2,763,880
Impairment of goodwill      
Depreciation and amortization     943,227 1,116,334.00
Total operating expenses     3,334,840 3,880,214
Loss from Operations     2,063,436 727,738
Interest expense, net     (138,365) (123,323)
 Other expense      
Impairment of deferred offering costs      
Total Other Income (Expense)     (138,365) 320,062
Income (Loss) before provision for income taxes     1,925,071 1,047,800
All other expenses       443,385
Corporate Segment [Member]        
Segment Reporting Information [Line Items]        
Accounts receivable
Prepaid expenses and other current assets 68,735 647 68,735 647
Net Property and Equipment
Intangible assets, net
Goodwill
Operating lease right-of-use assets
All other assets 11,346,127 12,239,029 11,346,127 12,239,029
Total Assets 11,414,862 12,239,676 11,414,862 12,239,676
Accounts payable and accrued expenses 534,800 207,521 534,800 207,521
Deferred revenue
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities
Total Liabilities $ 534,800 $ 207,521 534,800 207,521
Sales    
Cost of sales    
Gross Profit    
Selling, general and administrative     2,216,842 840,602
Impairment of goodwill      
Depreciation and amortization    
Total operating expenses     2,216,842 840,602
Loss from Operations     (2,216,842) (840,602)
Interest expense, net     8,597
 Other expense      
Impairment of deferred offering costs     (127,343)  
Total Other Income (Expense)     (118,746)
Income (Loss) before provision for income taxes     $ (2,335,588) (840,602)
All other expenses