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NOTE 11 - SEGMENTS (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
NOTE 11 - SEGMENT - Schedule of Operating Activities by Geographic Segment | Three months ended June 30, 2022 NOTE 11 - SEGMENT - Schedule of Operating Activities by Geographic Segment
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 23,059,647 |  |  |  | 1,236,823 |  |  | $ | (596,754 | ) |  | $ | 23,699,716 |
Cost of revenue |  |  | 22,418,046 |  |  |  | 1,032,150 |  |  |  | (596,754 | ) |  |  | 22,853,442 |
Gross profit |  |  | 641,601 |  |  |  | 204,673 |  |  |  | — |  |  |  | 846,274 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 921,793 |  |  |  | 222,659 |  |  |  | — |  |  |  | 1,144,452 |
Operating loss |  |  | (280,192 | ) |  |  | (17,986 | ) |  |  | — |  |  |  | (298,178 | )
Other income (expense) |  |  | 13,314 |  |  |  | (593 | ) |  |  | — |  |  |  | 12,721 |
Net loss |  | $ | (266,878 | ) |  | $ | (18,579 | ) |  | $ | — |  |  | $ | (285,457 | )
Three months Ended June 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 14,990,382 |  |  |  | 1,149,183 |  |  | $ | (11,198 | ) |  | $ | 16,128,367 |
Cost of revenue |  |  | 15,074,899 |  |  |  | 1,020,101 |  |  |  | (11,198 | ) |  |  | 16,083,802 |
Gross profit |  |  | (84,517 | ) |  |  | 129,082 |  |  |  | — |  |  |  | 44,565 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 1,022,625 |  |  |  | 186,542 |  |  |  | — |  |  |  | 1,209,167 |
Operating loss |  |  | (1,107,142 | ) |  |  | (57,460 | ) |  |  | — |  |  |  | (1,164,602 | )
Other income (expense) |  |  | 47,030 |  |  |  | (4,800 | ) |  |  | — |  |  |  | 42,230 |
Net loss |  | $ | (1,060,112 | ) |  | $ | (62,260 | ) |  | $ | — |  |  | $ | (1,122,372 | )
Six months ended June 30, 2022
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 41,534,760 |  |  |  | 2,262,903 |  |  | $ | (678,636 | ) |  | $ | 43,119,027 |
Cost of revenue |  |  | 40,611,998 |  |  |  | 1,855,331 |  |  |  | (678,636 | ) |  |  | 41,788,693 |
Gross profit |  |  | 922,762 |  |  |  | 407,572 |  |  |  | — |  |  |  | 1,330,334 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 1,703,093 |  |  |  | 430,857 |  |  |  | — |  |  |  | 2,133,950 |
Operating loss |  |  | (780,331 | ) |  |  | (23,285 | ) |  |  | — |  |  |  | (803,616 | )
Other income (expense) |  |  | (16,527 | ) |  |  | 9,955 |  |  |  | — |  |  |  | (6,572 | )
Net loss |  | $ | (796,858 | ) |  | $ | (13,330 | ) |  | $ | — |  |  | $ | (810,188 | )
Six months Ended June 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 28,057,392 |  |  |  | 2,284,985 |  |  | $ | (16,399 | ) |  | $ | 30,325,978 |
Cost of revenue |  |  | 27,780,959 |  |  |  | 2,029,483 |  |  |  | (16,399 | ) |  |  | 29,794,043 |
Gross profit |  |  | 276,433 |  |  |  | 255,502 |  |  |  | — |  |  |  | 531,935 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 2,338,741 |  |  |  | 368,537 |  |  |  | — |  |  |  | 2,707,278 |
Operating loss |  |  | (2,062,308 | ) |  |  | (113,035 | ) |  |  | — |  |  |  | (2,175,343 | )
Other income (expense) |  |  | (840,841 | ) |  |  | 15,323 |  |  |  | — |  |  |  | (825,518 | )
Net loss |  | $ | (2,903,149 | ) |  | $ | (97,712 | ) |  | $ | — |  |  | $ | (3,000,861 | )
Asset Information The following table shows asset information by geographic segment as of June 30, 2022 and December 31, 2021:
June 30, 2022 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 6,117,363 |  |  | $ | 923,941 |  |  | $ | (222,863 | ) |  | $ | 6,818,441 |
Non-current assets |  | $ | 11,673,710 |  |  | $ | 595,961 |  |  | $ | (6,184,562 | ) |  | $ | 6,085,109 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 2,384,494 |  |  | $ | 1,445,785 |  |  | $ | (222,863 | ) |  | $ | 3,607,416 |
Non-current liabilities |  | $ | — |  |  | $ | 254,358 |  |  | $ | — |  |  | $ | 254,358 |
December 31, 2021 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 5,783,859 |  |  | $ | 997,216 |  |  | $ | (214,551 | ) |  | $ | 6,566,524 |
Non-current assets |  | $ | 4,468,491 |  |  | $ | 609,189 |  |  | $ | (2,584,562 | ) |  | $ | 2,493,118 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 1,070,972 |  |  | $ | 1,506,594 |  |  | $ | (214,551 | ) |  | $ | 2,363,015 |
Non-current liabilities |  | $ | — |  |  | $ | 275,729 |  |  | $ | — |  |  | $ | 275,729 |

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