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Consolidated Condensed Statements of Income (Operations) (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 3,405,475 $ 5,872,670 $ 13,809,125 $ 15,876,460
Selling, general, and administrative expenses 2,158,276 3,131,312 8,700,446 12,692,297
Depreciation and amortization 32,528 324,502 129,182 400,132
Income from operations 1,214,671 2,416,856 4,979,497 2,784,031
Other miscellaneous income 238,365 (616) 1,170,619 751,077
Interest and other financing expense (10,490) (37,748) (49,664) (559,585)
Net income before income taxes 1,442,546 2,378,492 6,100,452 2,975,523
Provision for income taxes 86,446 (1,399,406) 741,038 3,480,996
Income (loss) from continuing operations 1,356,100 3,777,898 5,359,414 (505,473)
Income from discontinued operations, net of tax 0 (315,067) 0 215,494
Net income (loss) $ 1,356,100 $ 3,462,831 $ 5,359,414 $ (289,979)
Basic earnings (loss) per share        
Continuing operations $ .10 $ 0.28 $ .40 $ (0.05)
Discontinued operations .00 (0.02) .00 0.02
Basic earnings (loss) per share .10 0.26 .40 (0.03)
Diluted earnings (loss) per share        
Continuing operations 0.10 0.28 0.39 (0.05)
Discontinued operations 0.00 (0.02) .00 0.02
Diluted earnings (loss) per share $ 0.10 $ 0.26 $ 0.39 $ (0.03)
Weighted average shares outstanding:        
Basic     13,542,403 11,588,776
Diluted     13,654,128 11,588,776
Franchise Royalties        
Revenue $ 3,229,658 $ 5,396,922 $ 12,792,793 $ 14,673,636
Service Revenue        
Revenue $ 175,817 $ 475,748 $ 1,016,332 $ 1,202,824