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Segment Reporting | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting An operating segment is defined as a component of an enterprise for which discrete financial information is available and is reviewed regularly by the Chief Operating Decision Maker (“CODM”) to evaluate performance and make operating decisions. The Company has identified its CODM as the Chief Executive Officer. The Company has two operating business segments and one non-operating business segment. The Corporate Clinics segment is composed of the operating activities of the company-owned or managed clinics. As of September 30, 2022, the Company operated or managed 115 clinics under this segment. The Franchise Operations segment is composed of the operating activities of the franchise business unit. As of September 30, 2022, the franchise system consisted of 690 clinics in operation. Corporate is a non-operating segment that develops and implements strategic initiatives and supports the Company’s two operating business segments by centralizing key administrative functions such as finance and treasury, information technology, insurance and risk management, legal and human resources. Corporate also provides the necessary administrative functions to support the Company as a publicly-traded company. A portion of the expenses incurred by Corporate are allocated to the operating segments. The tables below present financial information for the Company’s two operating business segments.
| Three Months Ended |  | Nine Months Ended |  |
| September 30, |  | September 30, |  |
Revenues: | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Corporate clinics | $ | 15,836,327 |  |  | $ | 11,634,009 |  |  | $ | 42,936,298 |  |  | $ | 32,537,942 |  |  |  |  |
Franchise operations | 10,766,673 |  |  | 9,357,612 |  |  | 31,162,558 |  |  | 26,220,441 |  |  |  |  |
Total revenues | $ | 26,603,000 |  |  | $ | 20,991,621 |  |  | $ | 74,098,856 |  |  | $ | 58,758,383 |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |
Corporate clinics | 1,736,757 |  |  | 1,538,251 |  |  | 4,543,253 |  |  | 3,879,786 |  |  |  |  |
Franchise operations | 189,426 |  |  | 165,475 |  |  | 549,161 |  |  | 166,159 |  |  |  |  |
Corporate administration | 85,585 |  |  | (41,471) |  |  | 249,006 |  |  | 229,195 |  |  |  |  |
Total depreciation and amortization | $ | 2,011,768 |  |  | $ | 1,662,255 |  |  | $ | 5,341,420 |  |  | $ | 4,275,140 |  |  |  |  |
Segment operating income (loss): |  |  |  |  |  |  |  |  |  |  |
Corporate clinics | $ | (291,866) |  |  | $ | 1,241,081 |  |  | $ | (417,313) |  |  | $ | 4,415,793 |  |  |  |  |
Franchise operations | 5,195,558 |  |  | 4,156,829 |  |  | 13,803,845 |  |  | 11,887,071 |  |  |  |  |
Total segment operating income | $ | 4,903,692 |  |  | $ | 5,397,910 |  |  | $ | 13,386,532 |  |  | $ | 16,302,864 |  |  |  |  |
Reconciliation of total segment operating income to consolidated earnings before income taxes: |  |  |  |  |  |  |  |  |  |  |
Total segment operating income | $ | 4,903,692 |  |  | $ | 5,397,910 |  |  | $ | 13,386,532 |  |  | $ | 16,302,864 |  |  |  |  |
Unallocated corporate | (4,403,220) |  |  | (4,059,032) |  |  | (12,589,279) |  |  | (10,957,559) |  |  |  |  |
Consolidated income from operations | 500,472 |  |  | 1,338,878 |  |  | 797,253 |  |  | 5,345,305 |  |  |  |  |
Other expense, net | (25,235) |  |  | (16,139) |  |  | (60,668) |  |  | (54,050) |  |  |  |  |
Income before income tax benefit | $ | 475,237 |  |  | $ | 1,322,739 |  |  | $ | 736,585 |  |  | $ | 5,291,255 |  |  |  |  |
Segment assets: | September 30, 2022 |  | December 31, 2021
Corporate clinics | $ | 52,689,649 |  |  | $ | 40,722,898 |
Franchise operations | 13,057,205 |  | 12,593,912
Total segment assets | 65,746,854 |  | 53,316,810
Unallocated cash and cash equivalents | 10,272,112 |  | 19,912,338
Unallocated property and equipment | 900,494 |  | 857,176
Other unallocated assets | 11,371,938 |  | 11,367,885
Total assets | $ | 88,291,398 |  |  | $ | 85,454,209 |
“Unallocated cash and cash equivalents and restricted cash” relates primarily to corporate cash and cash equivalents and restricted cash (see Note 1), “unallocated property and equipment” relates primarily to corporate fixed assets, and “other unallocated assets” relates primarily to deposits, prepaid and other assets.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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