Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Details 1)

v3.23.3
Segment Information (Details 1) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Segment Reporting Information [Line Items]          
Accounts receivable $ 2,344,343   $ 2,344,343   $ 3,502,836
Prepaid expenses and other current assets 872,033   872,033   584,666
Net Property and Equipment 2,739,020   2,739,020   2,211,790
 Intangible assets, net 1,767,231   1,767,231   1,975,644
 Goodwill 4,238,671   4,238,671   4,238,671
 Operating lease right-of-use assets 89,547   89,547   226,501
All other assets 11,573,746   11,573,746   11,346,127
Total Assets 23,624,591   23,624,591   24,086,235
Accounts payable and accrued expenses 2,858,724   2,858,724   3,207,577
Deferred revenue 259,542   259,542   281,060
Total Finance leases payable 346,589   346,589   641,110
Total Finance leases payable related party 384,577   384,577   776,864
 Total Operating lease liabilities 90,979   90,979   232,429
Total Liabilities 3,940,411   3,940,411   5,139,040
Sales 5,986,625 $ 4,419,285 18,770,739 $ 17,904,233  
Cost of Sales 3,656,271 2,566,984 11,771,886 11,847,460  
Gross Profit 2,330,354 1,852,301 6,998,853 6,056,773  
Selling, General and Administrative 1,977,693 1,783,786 5,990,802 6,197,267  
Depreciation and Amortization 338,520 291,739 928,180 932,328  
Total Operating expenses 2,316,213 2,075,525 6,918,982 7,129,595  
Income (Loss) from Operations 14,141 (223,224) 79,871 (1,072,822)  
Interest Expense, net 143,597 (29,739) 318,968 (186,063)  
Loss on Disposal of Equipment      
Gain on Forgiveness of Debt      
All Other Expenses      
Other Expense        
Total Other Income (Expense) 143,597 (29,739) 318,968 (186,063)  
Income (Loss) before Provision for Income Taxes 157,738 (252,963) 398,839 (1,258,885)  
Cloud First Technologies [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 1,032,309   1,032,309   1,543,749
Prepaid expenses and other current assets 616,149   616,149   285,306
Net Property and Equipment 2,710,730   2,710,730   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     58,740
All other assets    
Total Assets 7,654,156   7,654,156   7,374,848
Accounts payable and accrued expenses 1,031,518   1,031,518   1,069,278
Deferred revenue 106,370   106,370   115,335
Total Finance leases payable 346,589   346,589   641,110
Total Finance leases payable related party 384,577   384,577   776,864
 Total Operating lease liabilities     62,960
Total Liabilities 1,869,054   1,869,054   2,665,547
Sales 3,741,717 2,976,461 10,052,281 8,200,881  
Cost of Sales 1,990,420 1,525,175 5,323,346 4,289,894  
Gross Profit 1,751,297 1,451,286 4,728,935 3,910,987  
Selling, General and Administrative 651,896 556,060 2,002,882 1,712,409  
Depreciation and Amortization 267,440 220,810 714,585 720,573  
Total Operating expenses 919,336 776,870 2,717,467 2,432,982  
Income (Loss) from Operations 831,961 674,416 2,011,468 1,478,005  
Interest Expense, net (13,069) (29,123) (56,985) (108,052)  
Loss on Disposal of Equipment      
Gain on Forgiveness of Debt      
All Other Expenses      
Other Expense        
Total Other Income (Expense) (13,069) (29,123) (56,985) (108,052)  
Income (Loss) before Provision for Income Taxes 818,892 645,293 1,954,483 1,369,953  
Flagship Solutions L L C [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 1,283,809   1,283,809   1,924,184
Prepaid expenses and other current assets 149,239   149,239   213,826
Net Property and Equipment 22,334   22,334   19,705
 Intangible assets, net 1,487,963   1,487,963   1,696,376
 Goodwill 1,222,971   1,222,971   1,222,971
 Operating lease right-of-use assets 89,547   89,547   167,761
All other assets    
Total Assets 4,255,863   4,255,863   5,244,823
Accounts payable and accrued expenses 1,351,349   1,351,349   1,563,408
Deferred revenue 153,172   153,172   165,725
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities 90,979   90,979   169,469
Total Liabilities 1,595,500   1,595,500   1,898,602
Sales 1,974,343 1,218,990 7,918,016 9,045,733  
Cost of Sales 1,501,830 910,852 5,949,745 7,146,441  
Gross Profit 472,513 308,138 1,968,271 1,899,292  
Selling, General and Administrative 544,686 691,863 1,729,191 2,807,096  
Depreciation and Amortization 70,691 70,929 212,646 211,755  
Total Operating expenses 615,377 762,792 1,941,837 3,018,851  
Income (Loss) from Operations (142,864) (454,654) 26,434 (1,119,559)  
Interest Expense, net (137) (75,695)  
Loss on Disposal of Equipment      
Gain on Forgiveness of Debt      
All Other Expenses      
Other Expense        
Total Other Income (Expense) (137) (75,695)  
Income (Loss) before Provision for Income Taxes (142,864) (454,791) 26,434 (1,195,254)  
Nexxis Inc [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable 28,225   28,225   34,903
Prepaid expenses and other current assets 19,089   19,089   16,799
Net Property and Equipment 3,118   3,118  
 Intangible assets, net    
 Goodwill    
 Operating lease right-of-use assets    
All other assets    
Total Assets 50,432   50,432   51,702
Accounts payable and accrued expenses 127,002   127,002   40,091
Deferred revenue    
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities    
Total Liabilities 127,002   127,002   40,091
Sales 270,565 223,834 800,442 657,619  
Cost of Sales 164,021 130,957 498,795 411,125  
Gross Profit 106,544 92,877 301,647 246,494  
Selling, General and Administrative 174,527 92,837 468,605 278,785  
Depreciation and Amortization 213 492  
Total Operating expenses 174,740 92,837 469,097 278,785  
Income (Loss) from Operations (68,196) 40 (167,450) (32,291)  
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 (68,196) 40 (167,450) (32,291)  
Corporate Segment [Member]          
Segment Reporting Information [Line Items]          
Accounts receivable    
Prepaid expenses and other current assets 87,556   87,556   68,735
Net Property and Equipment 2,838   2,838  
 Intangible assets, net    
 Goodwill    
 Operating lease right-of-use assets    
All other assets 11,573,746   11,573,746   11,346,127
Total Assets 11,664,140   11,664,140   11,414,862
Accounts payable and accrued expenses 348,855   348,855   534,800
Deferred revenue    
Total Finance leases payable    
Total Finance leases payable related party    
 Total Operating lease liabilities    
Total Liabilities 348,855   348,855   $ 534,800
Sales  
Cost of Sales  
Gross Profit  
Selling, General and Administrative 606,584 443,026 1,790,124 1,398,977  
Depreciation and Amortization 176 457  
Total Operating expenses 606,760 443,026 1,790,581 1,398,977  
Income (Loss) from Operations (606,760) (443,026) (1,790,581) (1,398,977)  
Interest Expense, net 156,666 (479) 375,953 (2,316)  
Loss on Disposal of Equipment      
Gain on Forgiveness of Debt      
All Other Expenses      
Other Expense        
Total Other Income (Expense) 156,666 (479) 375,953 (2,316)  
Income (Loss) before Provision for Income Taxes $ (450,094) $ (443,505) $ (1,414,628) $ (1,401,293)