XML 61 R26.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Note 3 - Segment Information | 12 Months Ended
--- | ---
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 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration