XML 40 R28.htm IDEA: XBRL DOCUMENT v3.23.2

Note 6 - Business Acquisitions (Tables)

6 Months Ended

Jun. 30, 2023

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

Business Acquisition, Pro Forma Information [Table Text Block]

		For the Three Months Ended								For the Six Months Ended
		June 30,								June 30,
		2023				2022				2023				2022
Revenue		$	25,117,284			$	22,259,041			$	47,933,069			$	43,304,924
Net Income (Loss) Attributable to Common Stockholders		$	1,806,802			$	(11,016,934	)		$	(1,514,352	)		$	6,466,126
Basic Net Income (Loss) per Share		$	0.06			$	(0.37	)		$	(0.05	)		$	0.22
Diluted Net Income (Loss) per Share		$	0.06			$	(0.37	)		$	(0.05	)		$	0.22
Basic Weighted Average Class A and Class B Common Shares Outstanding			31,225,719				29,698,361				30,876,835				29,698,361
Diluted Weighted Average Class A and Class B Common Shares Outstanding			31,281,828				29,698,361				30,876,835				29,761,369

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
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

+ 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
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

+ 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