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SEGMENT DATA
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SEGMENT DATA

NOTE 11 – SEGMENT DATA

 

Our portfolio of brands are included within two operating segments: Telehealth and WorkSimpli. We believe our current segments and brands within our segments complement one another and position us well for future growth. Relevant segment data for the three months ended March 31, 2022 and 2021 is as follows:

   2022   2021 
   Three Months Ended March 31, 
   2022   2021 
Telehealth          
Revenue  $22,598,061   $13,283,315 
Gross margin   77.5%   76.5%
Operating loss  $(13,271,857)  $(10,114,985)
WorkSimpli          
Revenue  $6,444,776   $4,914,797 
Gross margin   97.5%   98.2%
Operating income (loss)  $164,842   $(1,803,352)
Consolidated          
Revenue  $29,042,837   $18,198,112 
Gross margin   81.9%   82.4%
Operating loss  $(13,107,015)  $(11,918,337)

 

Relevant segment data as of March 31, 2022 and December 31, 2021 is as follows:

 

   March 31, 2022   December 31, 2021 
Total Assets          
Telehealth  $43,553,660   $48,056,920 
WorkSimpli   6,736,816    1,866,323 
Consolidated  $50,290,476   $49,923,243