Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Details 1)

v3.23.2
Segment Information (Details 1) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Segment Reporting Information [Line Items]          
Accounts receivable $ 2,221,602   $ 2,221,602   $ 3,502,836
Prepaid expenses and other current assets 736,386   736,386   584,666
Net Property and Equipment 2,927,121   2,927,121   2,211,790
 Intangible assets, net 1,836,378   1,836,378   1,975,644
 Goodwill 4,238,671   4,238,671   4,238,671
 Operating lease right-of-use assets 124,475   124,475   226,501
All other assets 10,715,729   10,715,729   11,346,127
Total Assets 22,800,362   22,800,362   24,086,235
Accounts payable and accrued expenses 2,088,477   2,088,477   3,207,577
Deferred revenue 314,066   314,066   281,060
Total Finance leases payable 404,628   404,628   641,110
Total Finance leases payable related party 468,859   468,859   776,864
 Total Operating lease liabilities 126,853   126,853   232,429
Total Liabilities 3,402,883   3,402,883   5,139,040
Sales 5,904,391 $ 4,827,749 12,784,114 $ 13,484,948  
Cost of sales 3,325,637 3,269,187 8,115,615 9,280,476  
Gross Profit 2,578,754 1,558,562 4,668,499 4,204,472  
Selling, general and administrative 2,171,060 2,303,588 4,013,109 4,413,481  
Depreciation and amortization 300,950 290,616 589,660 640,589  
Total operating expenses 2,472,010 2,594,204 4,602,769 5,054,070  
Income (Loss) from Operations 106,744 (1,035,642) 65,730 (849,598)  
Interest expense, net 99,294 (113,664) 175,371 (156,324)  
Loss on disposal of equipment      
Gain on forgiveness of debt      
All other expenses      
Other expense        
Total Other Income (Expense) 99,294 (113,664) 175,371 (156,324)  
Income (Loss) before provision for income taxes 206,038 (1,149,306) 241,101 (1,005,922)  
Cloud First Technologies [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 559,958   559,958   1,543,749
Prepaid expenses and other current assets 466,801   466,801   285,306
Net Property and Equipment 2,897,408   2,897,408   2,192,085
 Intangible assets, net 279,268   279,268   279,268
 Goodwill 3,015,700   3,015,700   3,015,700
 Operating lease right-of-use assets 8,612   8,612   58,740
All other assets    
Total Assets 7,227,747   7,227,747   7,374,848
Accounts payable and accrued expenses 1,202,846   1,202,846   1,069,278
Deferred revenue 151,437   151,437   115,335
Total Finance leases payable 404,628   404,628   641,110
Total Finance leases payable related party 468,859   468,859   776,864
 Total Operating lease liabilities 9,274   9,274   62,960
Total Liabilities 2,237,044   2,237,044   2,665,547
Sales 3,151,825 2,822,367 6,310,564 5,224,420  
Cost of sales 1,627,281 1,411,652 3,332,926 2,764,719  
Gross Profit 1,524,544 1,410,715 2,977,638 2,459,701  
Selling, general and administrative 744,534 679,868 1,350,986 1,156,349  
Depreciation and amortization 229,523 219,925 447,145 499,763  
Total operating expenses 974,057 899,793 1,798,131 1,656,112  
Income (Loss) from Operations 550,487 510,922 1,179,507 803,589  
Interest expense, net (16,570) (37,206) (43,916) (78,929)  
Loss on disposal of equipment      
Gain on forgiveness of debt      
All other expenses      
Other expense        
Total Other Income (Expense) (16,570) (37,206) (43,916) (78,929)  
Income (Loss) before provision for income taxes 533,917 473,716 1,135,591 724,660  
Flagship Solutions L L C [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 1,602,958   1,602,958   1,924,184
Prepaid expenses and other current assets 126,839   126,839   213,826
Net Property and Equipment 23,879   23,879   19,705
 Intangible assets, net 1,557,110   1,557,110   1,696,376
 Goodwill 1,222,971   1,222,971   1,222,971
 Operating lease right-of-use assets 115,863   115,863   167,761
All other assets    
Total Assets 4,649,620   4,649,620   5,244,823
Accounts payable and accrued expenses 598,799   598,799   1,563,408
Deferred revenue 162,629   162,629   165,725
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities 117,579   117,579   169,469
Total Liabilities 879,007   879,007   1,898,602
Sales 2,487,485 1,783,521 5,943,673 7,826,743  
Cost of sales 1,541,703 1,717,243 4,447,915 6,235,589  
Gross Profit 945,782 66,278 1,495,758 1,591,154  
Selling, general and administrative 644,178 1,027,693 1,184,505 2,115,233  
Depreciation and amortization 71,052 70,691 141,955 140,826  
Total operating expenses 715,230 1,098,384 1,326,460 2,256,059  
Income (Loss) from Operations 230,552 (1,032,106) 169,298 (664,905)  
Interest expense, net (75,510) (75,558)  
Loss on disposal of equipment      
Gain on forgiveness of debt      
All other expenses      
Other expense        
Total Other Income (Expense) (75,510) (75,558)  
Income (Loss) before provision for income taxes 230,552 (1,107,616) 169,298 (740,463)  
Nexxis Inc [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 52,686   52,686   34,903
Prepaid expenses and other current assets 24,254   24,254   16,799
Net Property and Equipment 3,331   3,331  
 Intangible assets, net    
 Goodwill    
 Operating lease right-of-use assets    
All other assets    
Total Assets 80,271   80,271   51,702
Accounts payable and accrued expenses 53,527   53,527   40,091
Deferred revenue    
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities    
Total Liabilities 53,527   53,527   40,091
Sales 265,081 221,861 529,877 433,785  
Cost of sales 156,653 140,292 334,774 280,168  
Gross Profit 108,428 81,569 195,103 153,617  
Selling, general and administrative 169,328 88,749 294,078 185,948  
Depreciation and amortization 208 279.00  
Total operating expenses 169,536 88,749 294,357 185,948  
Income (Loss) from Operations (61,108) (7,180) (99,254) (32,331)  
Interest expense, net  
Loss on disposal of equipment      
Gain on forgiveness of debt      
All other expenses      
Other expense        
Total Other Income (Expense)  
Income (Loss) before provision for income taxes (61,108) (7,180) (99,254) (32,331)  
Corporate Segment [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 6,000   6,000  
Prepaid expenses and other current assets 118,492   118,492   68,735
Net Property and Equipment 2,503   2,503  
 Intangible assets, net    
 Goodwill    
 Operating lease right-of-use assets    
All other assets 10,715,729   10,715,729   11,346,127
Total Assets 10,842,724   10,842,724   11,414,862
Accounts payable and accrued expenses 233,305   233,305   534,800
Deferred revenue    
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities    
Total Liabilities 233,305   233,305   $ 534,800
Sales  
Cost of sales  
Gross Profit  
Selling, general and administrative 613,020 507,278 1,183,540 955,951  
Depreciation and amortization 167 281  
Total operating expenses 613,187 507,278 1,183,821 955,951  
Income (Loss) from Operations (613,187) (507,278) (1,183,821) (955,951)  
Interest expense, net 115,864 (948) 219,287 (1,837)  
Loss on disposal of equipment      
Gain on forgiveness of debt      
All other expenses      
Other expense        
Total Other Income (Expense) 115,864 (948) 219,287 (1,837)  
Income (Loss) before provision for income taxes $ (497,323) $ (508,226) $ (964,534) $ (957,788)