Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total Revenue $ 21,052,869 $ 12,034,358
Cost of Revenue 16,150,849 9,393,713
Gross profit 4,902,020 2,640,645
Operating expenses:    
General and administrative 4,887,801 2,197,009
Stock-based compensation 882,000 290,805
Total operating expenses 5,769,801 2,487,814
Income (loss) from operations (867,781) 152,831
Non-operating income (expenses):    
Interest expense (7,658) (317,443)
Interest income 79,852
Interest expense – beneficial conversion of notes payable (636,075)
Loss on extinguishment of debt (790,723)
Other income (expense) (8,690) 2,828
Total non-operating income (expenses) 63,504 (1,741,413)
Income (loss) before income taxes (804,277) (1,588,582)
Deferred income tax benefit 108,060
Net income (loss) (696,217) (1,588,582)
Comprehensive income (loss) $ (696,217) $ (1,588,582)
Earnings (loss) per share:    
Net loss per share - basic and diluted $ (0.07) $ (0.20)
Weighted average shares used in computation 10,508,972 7,831,959
Equipment Systems [Member]    
Revenue    
Total Revenue $ 17,067,344 $ 11,344,752
Service [Member]    
Revenue    
Total Revenue 3,638,507 260,513
Consumable Products [Member]    
Revenue    
Total Revenue $ 347,018 $ 429,093