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SEGMENT DATA
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENT DATA

NOTE 12 – 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, 2024 and 2023 is as follows:

SCHEDULE OF RELEVANT SEGMENT DATA  

   2024   2023 
   Three Months Ended March 31, 
   2024   2023 
Telehealth        
Revenue  $30,841,402   $20,202,803 
Gross margin   86.4%   80.6%
Operating loss  $(6,619,763)  $(5,001,358)
WorkSimpli          
Revenue  $13,302,862   $12,923,532 
Gross margin   97.0%   97.7%
Operating income  $448,518   $2,148,548 
Consolidated          
Revenue  $44,144,264   $33,126,335 
Gross margin   89.6%   87.3%
Operating loss  $(6,171,245)  $(2,852,810)

 

Relevant segment data as of March 31, 2024 and December 31, 2023 is as follows:

 

   March 31, 2024   December 31, 2023 
Total Assets           
Telehealth  $50,901,504   $48,126,006 
WorkSimpli   10,553,770    10,354,703 
Consolidated  $61,455,274   $58,480,709