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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 7,011,000 $ 7,265,000 $ 18,404,000 $ 18,752,000
Costs of revenues:        
Total costs of revenues 4,145,000 4,085,000 10,889,000 11,045,000
Gross profit 2,866,000 3,180,000 7,515,000 7,707,000
Selling, general and administrative expenses 1,920,000 2,106,000 5,741,000 5,697,000
Income from operations 946,000 1,074,000 1,774,000 2,010,000
Other income/(expense):        
Dividend income from Progressive Beef 50,000 50,000 150,000 150,000
Other income, net 16,000 1,000 36,000 2,000
Gain on sale of assets 5,000
Impairment of digital assets (42,000) (42,000)
Loss on foreign currency exchange (2,000) (6,000) (35,000)
Interest expense (1,000) (3,000) (2,000)
Income before income taxes 1,009,000 1,083,000 1,956,000 2,083,000
Income tax expense 286,000 298,000 580,000 579,000
Net income $ 723,000 $ 785,000 $ 1,376,000 $ 1,504,000
Per share - net income:        
Basic $ 0.13 $ 0.13 $ 0.25 $ 0.25
Diluted $ 0.13 $ 0.13 $ 0.24 $ 0.25
Weighted average number of common shares outstanding:        
Basic 5,599 5,936 5,605 6,019
Diluted 5,658 6,016 5,669 6,101
Verification And Certification Service Revenue [Member]        
Revenues:        
Total revenues $ 5,359,000 $ 5,169,000 $ 13,944,000 $ 12,917,000
Costs of revenues:        
Total costs of revenues 3,123,000 2,900,000 8,055,000 7,261,000
Product Sales [Member]        
Revenues:        
Total revenues 1,221,000 1,588,000 3,130,000 3,473,000
Costs of revenues:        
Total costs of revenues 681,000 826,000 1,804,000 1,885,000
Consulting Revenue [Member]        
Revenues:        
Total revenues 431,000 508,000 1,330,000 2,362,000
Costs of revenues:        
Total costs of revenues $ 341,000 $ 359,000 $ 1,030,000 $ 1,899,000