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SEGMENTED, SIGNIFICANT CUSTOMER INFORMATION AND ECONOMIC DEPENDENCY (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
SCHEDULE OF REPORTABLE SEGMENTS | SCHEDULE OF REPORTABLE SEGMENTS
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 167,496 |  |  | $ | 10,361,243 |  |  | $ | 10,528,739 |
Interest expense |  |  | - |  |  |  | 157,131 |  |  |  | 157,131 |
Depreciation and amortization |  |  | 3,828 |  |  |  | 513,027 |  |  |  | 516,855 |
Income tax expense |  |  | (23,040 | ) |  |  | 581,291 |  |  |  | 558,251 |
Segment profit (loss) |  |  | (198,936 | ) |  |  | 1,488,732 |  |  |  | 1,289,796 |
Segment assets |  |  | 3,366,670 |  |  |  | 52,978,226 |  |  |  | 56,344,896 |
Expenditures for segment assets |  |  | - |  |  |  | (1,186,346 | ) |  |  | (1,186,346 | )
Three months ended June 30, 2023:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 220,602 |  |  | $ | 10,100,689 |  |  | $ | 10,331,291 |
Interest expense |  |  | - |  |  |  | 115,498 |  |  |  | 115,498 |
Depreciation and amortization |  |  | 4,440 |  |  |  | 381,951 |  |  |  | 386,390 |
Income tax expense |  |  | 11,657 |  |  |  | 342,715 |  |  |  | 354,372 |
Segment profit (loss) |  |  | (41,262 | ) |  |  | 851,127 |  |  |  | 809,865 |
Segment assets |  |  | 3,257,019 |  |  |  | 49,544,894 |  |  |  | 52,801,913 |
Expenditures for segment assets |  |  | - |  |  |  | (3,571,133 | ) |  |  | (3,571,133 | )
Six months ended June 30, 2024:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 209,104 |  |  | $ | 19,544,507 |  |  | $ | 19,753,611 |
Interest expense |  |  | - |  |  |  | 332,397 |  |  |  | 332,397 |
Depreciation and amortization |  |  | 7,711 |  |  |  | 931,813 |  |  |  | 939,524 |
Income tax expense |  |  | 11,900 |  |  |  | 810,529 |  |  |  | 822,429 |
Segment profit (loss) |  |  | (180,396 | ) |  |  | 1,927,417 |  |  |  | 1,747,021 |
Segment assets |  |  | 3,366,670 |  |  |  | 52,978,226 |  |  |  | 56,344,896 |
Expenditures for segment assets |  |  | - |  |  |  | (1,663,696 | ) |  |  | (1,663,696 | )
Six months ended June 30, 2023:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 301,262 |  |  | $ | 19,877,546 |  |  | $ | 20,178,808 |
Interest expense |  |  | - |  |  |  | 250,368 |  |  |  | 250,368 |
Depreciation and amortization |  |  | 8,719 |  |  |  | 742,855 |  |  |  | 751,574 |
Income tax expense |  |  | 12,571 |  |  |  | 641,578 |  |  |  | 654,149 |
Segment profit (loss) |  |  | (192,990 | ) |  |  | 1,887,224 |  |  |  | 1,694,234 |
Segment assets |  |  | 3,257,019 |  |  |  | 49,544,894 |  |  |  | 52,801,913 |
Expenditures for segment assets |  |  | - |  |  |  | (3,784,193 | ) |  |  | (3,784,193 | )
SCHEDULE OF REVENUE GENERATED IN UNITED STATES AND CANADA | Sales by territory are shown below: SCHEDULE OF REVENUE GENERATED IN UNITED STATES AND CANADA
|  | Six months ended June 30, 2024 |  |  | Six months ended June 30, 2023 |
Canada |  | $ | 223,083 |  |  | $ | 313,058 |
United States and abroad |  |  | 19,530,528 |  |  |  | 19,865,750 |
Total |  | $ | 19,753,611 |  |  | $ | 20,178,808 |
SCHEDULE OF LONG-LIVED ASSETS ARE LOCATED IN CANADA AND UNITED STATE | The Company’s long-lived assets (property, equipment, leaseholds, right of use assets, intangibles, and goodwill) are located in Canada and the United States as follows: SCHEDULE OF LONG-LIVED ASSETS ARE LOCATED IN CANADA AND UNITED STATE
|  | June 30, 2024 |  |  | December 31, 2023 |
Canada |  | $ | 130,116 |  |  | $ | 142,577 |
United States |  |  | 18,580,892 |  |  |  | 17,958,778 |
Total |  | $ | 18,711,008 |  |  | $ | 18,101,355 |

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