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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

Schedule of Reconciliation of Assets from Segment to Consolidated

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

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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