XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 5,331,000 $ 5,141,000 $ 11,487,000 $ 9,581,000
Costs of revenues:        
Total costs of revenues 3,201,000 3,132,000 6,960,000 5,710,000
Gross profit 2,130,000 2,009,000 4,527,000 3,871,000
Selling, general and administrative expenses 1,817,000 1,727,000 3,591,000 3,500,000
Income from operations 313,000 282,000 936,000 371,000
Other income/(expense):        
Dividend income from Progressive Beef 50,000 30,000 100,000 60,000
Other income, net 1,000 1,000 1,000
Loan forgiveness from Paycheck Protection Program     1,037,000
Gain on sale of assets     9,000
Loss on foreign currency exchange (23,000) (5,000) (35,000) (7,000)
Interest expense (1,000) (1,000) (2,000) (4,000)
Income before income taxes 340,000 306,000 1,000,000 1,467,000
Income tax expense 118,000 104,000 281,000 115,000
Net income $ 222,000 $ 202,000 $ 719,000 $ 1,352,000
Per share - net income:        
Basic $ 0.04 $ 0.03 $ 0.12 $ 0.22
Diluted $ 0.04 $ 0.03 $ 0.12 $ 0.22
Weighted average number of common shares outstanding:        
Basic 6,013 6,100 6,053 6,151
Diluted 6,096 6,186 6,136 6,241
Verification And Certification Service Revenue [Member]        
Revenues:        
Total revenues $ 3,964,000 $ 3,695,000 $ 7,748,000 $ 6,958,000
Costs of revenues:        
Total costs of revenues 2,325,000 2,132,000 4,361,000 3,925,000
Product Sales [Member]        
Revenues:        
Total revenues 878,000 964,000 1,885,000 1,688,000
Costs of revenues:        
Total costs of revenues 522,000 648,000 1,059,000 1,105,000
Software And Related Consulting Revenue [Member]        
Revenues:        
Total revenues 489,000 482,000 1,854,000 935,000
Costs of revenues:        
Total costs of revenues $ 354,000 $ 352,000 $ 1,540,000 $ 680,000