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NOTE 11 - SEGMENTS (Tables)

9 Months Ended

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

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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