v3.20.2

Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Information

Information with respect to these reportable business segments for the three and nine months ended September 30, 2020 and 2019 was as follows:

		For the three months ended September 30,								For the nine months ended September 30,
		2020				2019				2020				2019
Revenues:
Consultancy		$	-			$	-			$	-			$	-
Insurance brokerage			19,382				24,724				65,785				86,582
		$	19,382			$	24,724			$	65,785			$	86,582
Depreciation and amortization:
Consultancy		$	572			$	612			$	1,705			$	1,801
Insurance brokerage			5,857				5,749				17,381				17,239
		$	6,429			$	6,361			$	19,086			$	19,040
Net income / (loss) from continuing operations:
Consultancy		$	(206,526	)		$	289,470			$	68,381			$	(1,202,049	)
Insurance brokerage			(23,443	)			(14,174	)			(50,858	)			(31,181	)
		$	(229,969	)		$	275,296			$	17,523			$	(1,233,230	)

		September 30, 2020				December 31, 2019
Identifiable long-lived tangible assets as of September 30, 2020 and December 31, 2019 by segment:
Consultancy		$	1,030			$	2,734
Insurance brokerage			2,032				938
		$	3,062			$	3,672

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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