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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Information  
Schedule of segment information

 

 

THREE MONTHS ENDED

 

 

NINE MONTHS ENDED

 

 

 

SEPTEMBER 30,

 

 

SEPTEMBER 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

REVENUES

 

$36,125,207

 

 

$34,620,433

 

 

$108,223,148

 

 

$104,868,483

 

Carrier services cost

 

 

(20,406,680)

 

 

(22,412,970)

 

 

(65,015,056)

 

 

(62,194,792)

Managed service costs

 

 

(10,018,804)

 

 

(6,952,708)

 

 

(26,634,181)

 

 

(26,628,796)

Depreciation and amortization

 

 

(650,319)

 

 

(822,369)

 

 

(2,085,554)

 

 

(2,562,042)

Stock based compensation

 

 

(154,111)

 

 

(202,584)

 

 

(518,988)

 

 

(986,325)

Other segment items (1)

 

 

(5,355,929)

 

 

(4,680,787)

 

 

(15,954,762)

 

 

(13,634,907)

Interest expense

 

 

(47,671)

 

 

(52,911)

 

 

(155,126)

 

 

(183,979)

Interest income

 

 

83,439

 

 

 

59,882

 

 

 

226,209

 

 

 

161,033

 

Other income (expense)

 

 

93

 

 

 

99

 

 

 

590

 

 

 

(36,306)

Income tax (provision) benefit

 

 

(134,410)

 

 

18,705

 

 

 

12,013

 

 

 

44,968

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET LOSS FOR THE PERIOD:

 

$(559,185)

 

$(425,210)

 

$(1,901,707)

 

$(1,152,663)