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NOTE 15 - SEGMENT: Schedule of Income, IoT labs located in US (Tables) | 12 Months Ended
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Dec. 31, 2020
Tables/Schedules |
Schedule of Income, IoT labs located in US |
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues | $ | 16,327,871 |  | 1,726,359 | $ | (22,682) | $ | 18,031,548
Cost of revenue |  | 15,796,310 |  | 1,476,995 |  | (22,682) |  | 17,250,623
Gross profit |  | 531,561 |  | 249,364 |  | - |  | 780,925
Operating expenses |  |  |  |  |  |  |  |
General and administration |  | 1,189,680 |  | 259,944 |  | - |  | 1,449,624
Operating loss |  | (658,119) |  | (10,580) |  | - |  | (668,699)
Other expense |  | (4,753,739) |  | (20,300) |  | - |  | (4,774,039)
Net loss | $ | (5,411,858) | $ | (30,880) | $ | - | $ | (5,442,738)

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