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NOTE 11 - SEGMENTS (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
NOTE 11 - SEGMENTS - Schedule of Operating Activities by Geographic Segment | Three months ended September 30, 2022 NOTE 11 - SEGMENTS - Schedule of Operating Activities by Geographic Segment
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 22,364,201 |  |  |  | 1,291,688 |  |  | $ | (1,719,255 | ) |  | $ | 21,936,634
Cost of revenue |  |  | 21,226,541 |  |  |  | 1,114,388 |  |  |  | (1,719,255 | ) |  |  | 20,621,674
Gross profit |  |  | 1,137,660 |  |  |  | 177,300 |  |  |  | — |  |  |  | 1,314,960
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 1,089,194 |  |  |  | 166,953 |  |  |  | — |  |  |  | 1,256,147
Operating income |  |  | 48,466 |  |  |  | 10,347 |  |  |  | — |  |  |  | 58,813
Other expense |  |  | (29,411 | ) |  |  | (2,090 | ) |  |  | — |  |  |  | (31,501)
Net income |  | $ | 19,055 |  |  | $ | 8,257 |  |  | $ | — |  |  | $ | 27,312
Three months Ended September 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 15,347,282 |  |  |  | 1,189,230 |  |  | $ | (19,773 | ) |  | $ | 16,516,739
Cost of revenue |  |  | 14,706,065 |  |  |  | 989,395 |  |  |  | (19,773 | ) |  |  | 15,675,687
Gross profit |  |  | 641,217 |  |  |  | 199,835 |  |  |  | — |  |  |  | 841,052
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 738,578 |  |  |  | 218,617 |  |  |  | — |  |  |  | 957,195
Operating loss |  |  | (97,361 | ) |  |  | (18,782 | ) |  |  | — |  |  |  | (116,143)
Other income |  |  | 1,525 |  |  |  | 3,400 |  |  |  | — |  |  |  | 4,925
Net loss |  | $ | (95,836 | ) |  | $ | (15,382 | ) |  | $ | — |  |  | $ | (111,218)
Nine months ended September 30, 2022
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 63,898,961 |  |  |  | 3,554,591 |  |  | $ | (2,397,891 | ) |  | $ | 65,055,661
Cost of revenue |  |  | 61,838,539 |  |  |  | 2,969,719 |  |  |  | (2,397,891 | ) |  |  | 62,410,367
Gross profit |  |  | 2,060,422 |  |  |  | 584,872 |  |  |  | — |  |  |  | 2,645,294
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 2,792,287 |  |  |  | 597,810 |  |  |  | — |  |  |  | 3,390,097
Operating loss |  |  | (731,865 | ) |  |  | (12,938 | ) |  |  | — |  |  |  | (744,803)
Other income (expense) |  |  | (45,938 | ) |  |  | 7,865 |  |  |  | — |  |  |  | (38,073)
Net loss |  | $ | (777,803 | ) |  | $ | (5,073 | ) |  | $ | — |  |  | $ | (782,876)
Nine months Ended September 30, 2021
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 43,404,674 |  |  |  | 3,474,215 |  |  | $ | (36,172 | ) |  | $ | 46,842,717
Cost of revenue |  |  | 42,487,024 |  |  |  | 3,018,878 |  |  |  | (36,172 | ) |  |  | 45,469,730
Gross profit |  |  | 917,650 |  |  |  | 455,337 |  |  |  | — |  |  |  | 1,372,987
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 3,077,319 |  |  |  | 587,154 |  |  |  | — |  |  |  | 3,664,473
Operating loss |  |  | (2,159,669 | ) |  |  | (131,817 | ) |  |  | — |  |  |  | (2,291,486)
Other income (expense) |  |  | (839,316 | ) |  |  | 18,723 |  |  |  | — |  |  |  | (820,593)
Net loss |  | $ | (2,998,985 | ) |  | $ | (113,094 | ) |  | $ | — |  |  | $ | (3,112,079)
Asset Information The following table shows asset information by geographic segment as of September 30, 2022 and December 31, 2021:
September 30, 2022 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 5,628,559 |  |  | $ | 1,091,622 |  |  | $ | (578,999 | ) |  | $ | 6,141,182
Non-current assets |  | $ | 11,660,618 |  |  | $ | 600,882 |  |  | $ | (6,184,562 | ) |  | $ | 6,076,938
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 1,729,868 |  |  | $ | 1,619,112 |  |  | $ | (578,999 | ) |  | $ | 2,769,981
Non-current liabilities |  | $ | — |  |  | $ | 246,473 |  |  | $ | — |  |  | $ | 246,473
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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