XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.23.1

Note 6 - Business Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 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 |
|  | Elevation |
Assets Acquired |  |  |  |
Property, plant and equipment |  | $ | 3,717,734 |
Customer relationships |  |  | 2,484,000 |
Goodwill |  |  | 8,017,554 |
Right of use assets |  |  | 2,098,194 |
Other |  |  | 310,794 |
Total Assets Acquired |  |  | 16,628,276 |
Liabilities Assumed |  |  |  |
Accounts payable and other |  |  | 290,825 |
Lease liabilities |  |  | 2,098,194 |
Total Liabilities Assumed |  |  | 2,389,019 |
Total |  | $ | 14,239,257 |
|  | 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 Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Revenue |  | $ | 87,237,938 |  |  | $ | 80,311,613 |
Net Income Attributable to Common Stockholders |  | $ | 8,711,892 |  |  | $ | 57,851,032 |
Basic Net Income per Share |  | $ | 0.29 |  |  | $ | 2.00 |
Basic Weighted Average Class A and Class B Common Shares Outstanding |  |  | 29,698,732 |  |  |  | 28,978,223 |
Diluted Net Income per Share |  | $ | 0.29 |  |  | $ | 1.99 |
Diluted Weighted Average Class A and Class B Common Shares Outstanding |  |  | 29,766,247 |  |  |  | 29,046,514 |

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 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration