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NOTE 12 - SEGMENT (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

NOTE 12 - SEGMENTS - Operating Activities by Geographic Segment

Three months ended March 31, 2024

NOTE 12 - SEGMENTS - Operating Activities by Geographic Segment (Details)

		USA				Switzerland				Elimination				Total
Revenues		$	52,111,257				1,035,919			$	(1,732,298	)		$	51,414,878
Cost of revenue			50,931,826				836,324				(1,732,298	)			50,035,852
Gross profit			1,179,431				199,595				—				1,379,026
Operating expenses
General and administration			1,356,006				206,472				—				1,562,478
Operating loss			(176,575	)			(6,877	)			—				(183,452	)
Other income (expense)			(435,483	)			38,719				—				(396,764	)
Net income (loss)		$	(612,058	)		$	31,842			$	—			$	(580,216	)

Three months ended March 31, 2023

		USA				Switzerland				Elimination				Total
Revenues		$	24,847,671				1,347,435			$	(1,528,577	)		$	24,666,529
Cost of revenue			23,825,886				1,152,484				(1,528,577	)			23,449,793
Gross profit			1,021,785				194,951				—				1,216,736
Operating expenses
General and administration			1,350,956				183,310				—				1,534,266
Operating (loss) income			(329,171	)			11,641				—				(317,530	)
Other income (expense)			174,955				(16,247	)			—				158,708
Net loss		$	(154,216	)		$	(4,606	)		$	—			$	(158,822	)

Asset Information

The following table shows asset information by geographic segment as of March 31, 204 and December 31, 2023:

March 31, 2024		USA				Switzerland				Elimination				Total
Assets
Current assets		$	15,834,379			$	748,064			$	(962,688	)		$	15,619,755
Non-current assets		$	11,859,742			$	823,835			$	(6,184,562	)		$	6,499,015
Liabilities
Current liabilities		$	13,027,346			$	1,420,002			$	(962,688	)		$	13,484,660
Non-current liabilities		$	139			$	259,813			$	—			$	259,952

December 31, 2023		USA				Switzerland				Elimination				Total
Assets
Current assets		$	14,537,969			$	1,874,627			$	(693,424	)		$	15,719,172
Non-current assets		$	11,810,606			$	810,437			$	(6,184,562	)		$	6,436,481
Liabilities
Current liabilities		$	11,978,244			$	2,556,124			$	(693,424	)		$	13,840,944
Non-current liabilities		$	139			$	268,698			$	—			$	268,837

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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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