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NOTE 13 - SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

NOTE 13 - SEGMENT - Schedule of Operating Activities by Geographic Segment

Three months ended September 30, 2023

NOTE 13 - SEGMENT - Schedule of Operating Activities by Geographic Segment

		USA				Switzerland				Elimination				Total
Revenues		$	39,390,527				1,498,054			$	(1,131,378	)		$	39,757,203
Cost of revenue			38,593,585				1,266,475				(1,131,378	)			38,728,682
Gross profit			796,942				231,579				—				1,028,521
Operating expenses
General and administration			770,467				187,301				—				957,768
Operating income			26,475				44,278				—				70,753
Other expense			(23,893	)			(951	)			—				(24,844	)
Net income		$	2,582			$	43,327			$	—			$	45,909

Three months ended September 30, 2022

		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

Nine months ended September 30, 2023

		USA				Switzerland				Elimination				Total
Revenues		$	97,198,336				4,179,569			$	(4,129,344	)		$	97,248,561
Cost of revenue			94,779,408				3,568,774				(4,129,344	)			94,218,838
Gross profit			2,418,928				610,795				—				3,029,723
Operating expenses
General and administration			2,966,908				562,310				—				3,529,218
Operating income (loss)			(547,980	)			48,485				—				(499,495	)
Other income (expense)			249,286				(24,348	)			—				224,938
Net income (loss)		$	(298,694	)		$	24,137			$	—			$	(274,557	)

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	)

Asset Information

The following table shows asset information by geographic segment as of September 30, 2023 and December 31, 2022:

September 30, 2023		USA				Switzerland				Elimination				Total
Assets
Current assets		$	10,859,240			$	1,693,166			$	(764,212	)		$	11,788,194
Non-current assets		$	11,757,803			$	762,425			$	(6,184,562	)		$	6,335,666
Liabilities
Current liabilities		$	8,338,475			$	2,339,834			$	(764,212	)		$	9,914,097
Non-current liabilities		$	140			$	246,787			$	—			$	246,927

December 31, 2022		USA				Switzerland				Elimination				Total
Assets
Current assets		$	6,496,354			$	1,172,889			$	(1,232,653	)		$	6,436,590
Non-current assets		$	11,646,662			$	650,794			$	(6,184,562	)		$	6,112,894
Liabilities
Current liabilities		$	5,967,729			$	1,716,603			$	(1,232,653	)		$	6,451,679
Non-current liabilities		$	—			$	262,388			$	—			$	262,388

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

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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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