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Note 6 - Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

		InfoWest & Go Fiber
Assets Acquired
Property, plant and equipment		$	5,983,410
Trade names and trademarks			7,300,000
Customer relationships			16,900,000
Goodwill			18,071,004
Right of use assets			3,155,434
Other			358,614
Total Assets Acquired			51,768,462
Liabilities Assumed
Lease liabilities			3,149,194
Other			46,119
Total Liabilities Assumed			3,195,313
Total		$	48,573,149

		Keleher
Assets Acquired
Property, plant and equipment		$	3,276,245
Customer relationships			996,000
Permits			179,257
Goodwill			8,065,314
Right of use assets			1,634,263
Other			199,329
Total Assets Acquired			14,350,408
Liabilities Assumed
Lease liabilities			1,634,263
Other			496,145
Total Liabilities Assumed			2,130,408
Total		$	12,220,000

		Neon
Assets Acquired
Property, plant and equipment		$	8,419,759
Customer relationships			1,174,000
Permits			422,177
Goodwill			12,701,472
Right of use assets			4,093,478
Other			205,272
Total Assets Acquired			27,016,158
Liabilities Assumed
Lease liabilities			4,093,478
Other			777,332
Total Liabilities Assumed			4,870,810
Total		$	22,145,348

Business Acquisition, Pro Forma Information [Table Text Block]

		For the Three Months Ended								For the Nine Months Ended
		September 30,								September 30,
		2022				2021				2022				2021
Revenue		$	21,447,546			$	19,783,350			$	62,990,093			$	58,600,859
Net (Loss) Income Attributable to Common Stockholders		$	(1,408,521	)		$	(25,074,873	)		$	4,458,066			$	70,354,882
Basic Net (Loss) Income per Share		$	(0.05	)		$	(0.85	)		$	0.15			$	2.45
Diluted Net (Loss) Income per Share		$	(0.05	)		$	(0.85	)		$	0.15			$	2.44
Basic Weighted Average Class A and Class B Common Shares Outstanding			29,698,361				29,576,115				29,698,361				28,751,500
Diluted Weighted Average Class A and Class B Common Shares Outstanding			29,698,361				29,576,115				29,763,333				28,825,428

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

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- References

No definition available.

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