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Note 3 - Segment Information | 12 Months Ended
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Dec. 31, 2022
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | Note 3. Segment Information Prior to the acquisition of GMI and through June 30, 2022, we managed our business as a single operating segment. During the quarter ended September 2022, we reassessed our business strategy and our CODM changed his approach to managing the business and allocating resources. As a result, we determined that beginning July 1, 2022 we have two operating segments: Tellenger and Blockchain SCM. Tellenger provides professional services, primarily to U.S. government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics. The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology. For the year ended December 31, 2022:
|  | Tellenger |  |  | Blockchain SCM |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 11,023,982 |  |  | $ | 998,970 |  |  | $ | - |  |  | $ | 12,022,952 |
Depreciation and amortization |  |  | 211,360 |  |  |  | 1,223,328 |  |  |  | 8,626 |  |  |  | 1,443,314 |
Other significant non-cash items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock-based compensation |  |  | 175,693 |  |  |  | 691,472 |  |  |  | 1,100,762 |  |  |  | 1,967,927 |
Change in fair value of contingent consideration |  |  | - |  |  |  | (930,000 | ) |  |  | - |  |  |  | (930,000 | )
Impairment of long-lived assets |  |  | - |  |  |  | 3,762,915 |  |  |  | - |  |  |  | 3,762,915 |
Goodwill impairment |  |  | - |  |  |  | 6,460,168 |  |  |  | - |  |  |  | 6,460,168 |
Total other significant non-cash items |  |  | 175,693 |  |  |  | 9,984,555 |  |  |  | 1,100,762 |  |  |  | 11,261,010 |
Operating income (loss) |  | $ | 610,753 |  |  | $ | (13,358,651 | ) |  | $ | (6,029,710 | ) |  | $ | (18,777,608 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (81,621 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,107 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,098,284 |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (17,753,838 | )
Acquisition of property and equipment |  | $ | 10,447 |  |  | $ | 498,425 |  |  | $ | 27,030 |  |  | $ | 535,902 |
For the year ended December 31, 2021:
|  | Tellenger |  |  | Blockchain SCM |  |  | Consolidated |
Revenue |  | $ | 15,033,504 |  |  | $ | - |  |  | $ | 15,033,504 |
Depreciation and amortization |  |  | 167,332 |  |  |  | 69,266 |  |  |  | 236,598 |
Operating loss |  |  |  |  |  |  |  |  |  | $ | (2,627,149 | )
Interest expense |  |  |  |  |  |  |  |  |  |  | (37,325 | )
Other income, net |  |  |  |  |  |  |  |  |  |  | 12,171 |
Gain on forgiveness of note payable |  |  |  |  |  |  |  |  |  |  | 450,000 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  | 1,070,854 |
Net loss |  |  |  |  |  |  |  |  |  | $ | (1,131,449 | )
Acquisition of property and equipment |  |  |  |  |  |  |  |  |  | $ | 69,754 |
Total assets for each operating segment as of December 31 are as follows:
|  | 2022 |  |  | 2021 |
Tellenger |  | $ | 4,000,760 |  |  | $ | 4,812,450 |
Blockchain SCM |  |  | 2,500,000 |  |  |  | 13,159,805 |
Corporate |  |  | 1,480,454 |  |  |  | 5,390,388 |
Consolidated |  | $ | 7,981,214 |  |  | $ | 23,362,643 |

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