Annual report pursuant to Section 13 and 15(d)

Segment Information (Details 1)

v3.24.1
Segment Information (Details 1) - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]    
Prepaid expenses and other current assets $ 513,175 $ 584,666
Net Property and Equipment 2,732,774 2,211,790
Intangible assets, net 1,698,084 1,975,644
Goodwill 4,238,671 4,238,671
Operating lease right-of-use assets 62,981 226,501
Total Assets 23,301,019 24,086,235
Accounts payable and accrued expenses 2,608,938 3,207,577
Deferred revenue 336,201 281,060
Total Operating lease liabilities 63,983  
Total Liabilities 3,546,604 5,139,040
Sales 24,959,576 23,870,837
Cost of sales 15,383,251 15,787,544
Gross Profit 9,576,325 8,083,293
Impairment of goodwill 2,322,000
Depreciation and amortization 1,301,594 1,225,911
Interest expense, net (74,502) (141,056)
Income (Loss) before provision for income taxes 299,316 (4,408,863)
Corporate Segment [Member]    
Segment Reporting Information [Line Items]    
Accounts receivable
Prepaid expenses and other current assets 75,764 68,735
Net Property and Equipment 2,644
Intangible assets, net
Goodwill
Operating lease right-of-use assets
All other assets 12,795,362 11,346,127
Total Assets 12,873,770 11,414,862
Accounts payable and accrued expenses 522,814 534,800
Deferred revenue
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities
Total Liabilities 522,814 534,800
Sales
Cost of sales
Gross Profit
Selling, general and administrative 2,638,764 2,216,842
Impairment of goodwill  
Depreciation and amortization 651
Total operating expenses 2,639,415 2,216,842
Income (Loss) from Operations (2,639,415) (2,216,842)
Interest expense, net 542,229 8,597
Other expense  
Total Other Income (Expense) 542,229 (118,746)
Income (Loss) before provision for income taxes (2,097,186) (2,335,588)
Impairment of deferred offering costs   (127,343)
Cloud First Technologies [Member]    
Segment Reporting Information [Line Items]    
Accounts receivable 528,810 1,543,749
Prepaid expenses and other current assets 353,881 285,306
Net Property and Equipment 2,706,435 2,192,085
Intangible assets, net 279,268 279,268
Goodwill 3,015,700 3,015,700
Operating lease right-of-use assets 58,740
All other assets
Total Assets 6,884,094 7,374,848
Accounts payable and accrued expenses 687,342 1,069,278
Deferred revenue 231,253 115,335
Total Finance leases payable 281,241 641,110
Total Finance leases payable related party 256,241 776,864
Total Operating lease liabilities 62,960
Total Liabilities 1,456,077 2,665,547
Sales 13,510,866 11,543,726
Cost of sales 7,097,844 6,145,450
Gross Profit 6,413,022 5,398,276
Selling, general and administrative 2,723,593 2,391,613
Impairment of goodwill  
Depreciation and amortization 1,016,901 943,227
Total operating expenses 3,740,494 3,334,840
Income (Loss) from Operations 2,672,528 2,063,436
Interest expense, net (74,502) (138,365)
Other expense  
Total Other Income (Expense) (74,502) (138,365)
Income (Loss) before provision for income taxes 2,598,026 1,925,071
Impairment of deferred offering costs  
Flagship Solutions L L C [Member]    
Segment Reporting Information [Line Items]    
Accounts receivable 701,010 1,924,184
Prepaid expenses and other current assets 65,373 213,826
Net Property and Equipment 20,790 19,705
Intangible assets, net 1,418,816 1,696,376
Goodwill 1,222,971 1,222,971
Operating lease right-of-use assets 62,981 167,761
All other assets
Total Assets 3,491,941 5,244,823
Accounts payable and accrued expenses 1,333,621 1,563,408
Deferred revenue 104,948 165,725
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities 63,983 169,469
Total Liabilities 1,502,552 1,898,602
Sales 10,351,783 11,395,770
Cost of sales 7,651,993 9,041,684
Gross Profit 2,699,790 2,354,086
Selling, general and administrative 2,388,600 3,599,572
Impairment of goodwill   2,322,000
Depreciation and amortization 283,337 282,684
Total operating expenses 2,671,937 6,204,256
Income (Loss) from Operations 27,853 (3,850,170)
Interest expense, net (319)
Other expense   (75,418)
Total Other Income (Expense) (75,737)
Income (Loss) before provision for income taxes 27,853 (3,925,907)
Impairment of deferred offering costs  
Nexxis Inc [Member]    
Segment Reporting Information [Line Items]    
Accounts receivable 30,152 34,903
Prepaid expenses and other current assets 18,157 16,799
Net Property and Equipment 2,905
Intangible assets, net
Goodwill
Operating lease right-of-use assets
All other assets
Total Assets 51,214 51,702
Accounts payable and accrued expenses 65,161 40,091
Deferred revenue
Total Finance leases payable
Total Finance leases payable related party
Total Operating lease liabilities
Total Liabilities 65,161 40,091
Sales 1,096,927 931,341
Cost of sales 633,414 600,410
Gross Profit 463,513 330,931
Selling, general and administrative 692,185 403,370
Impairment of goodwill  
Depreciation and amortization 705
Total operating expenses 692,890 403,370
Income (Loss) from Operations (229,377) (72,439)
Interest expense, net
Other expense  
Total Other Income (Expense)
Income (Loss) before provision for income taxes (229,377) (72,439)
Impairment of deferred offering costs  
Segments Total [Member]    
Segment Reporting Information [Line Items]    
Accounts receivable 1,259,972 3,502,836
Prepaid expenses and other current assets 513,175 584,666
Net Property and Equipment 2,732,774 2,211,790
Intangible assets, net 1,698,084 1,975,644
Goodwill 4,238,671 4,238,671
Operating lease right-of-use assets 62,981 226,501
All other assets 12,795,362 11,346,127
Total Assets 23,301,019 24,086,235
Accounts payable and accrued expenses 2,608,938 3,207,577
Deferred revenue 336,201 281,060
Total Finance leases payable 281,241 641,110
Total Finance leases payable related party 256,241 776,864
Total Operating lease liabilities 63,983 232,429
Total Liabilities 3,546,604 5,139,040
Sales 24,959,576 23,870,837
Cost of sales 15,383,251 15,787,544
Gross Profit 9,576,325 8,083,293
Selling, general and administrative 8,443,142 8,611,397
Impairment of goodwill   2,322,000
Depreciation and amortization 1,301,594 1,225,911
Total operating expenses 9,744,736 12,159,308
Income (Loss) from Operations (168,411) (4,076,015)
Interest expense, net 467,727 (130,087)
Other expense   (75,418)
Total Other Income (Expense) 467,727 (332,848)
Income (Loss) before provision for income taxes $ 299,316 (4,408,863)
Impairment of deferred offering costs   $ (127,343)