| Segment Reporting Disclosure [Text Block] |
15. Segment Information
The Company operates in the following segments: (i) PDN Network, (ii) NAPW Network, (iii) RemoteMore (beginning in fiscal 2021) and (iv) Corporate Overhead. The financial results of China Operations have been reclassified from the Company’s reportable segments to discontinued operations for all periods presented.
The following tables present key financial information of the Company’s reportable segments as of and for the years ended December 31, 2023, and 2022:
| |
|
Year Ended December 31, 2023 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
| Membership fees and related services |
|
$ |
- |
|
|
$ |
530,745 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
530,745 |
|
| Recruitment services |
|
|
4,639,642 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
4,639,642 |
|
| Contracted software development |
|
|
- |
|
|
|
- |
|
|
|
2,437,352 |
|
|
|
- |
|
|
|
2,437,352 |
|
| Consumer advertising and marketing solutions |
|
|
91,298 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
91,298 |
|
| Total revenues |
|
|
4,730,940 |
|
|
|
530,745 |
|
|
|
2,437,352 |
|
|
|
- |
|
|
|
7,699,037 |
|
| Income (loss) from continuing operations |
|
|
(1,484,970 |
) |
|
|
(431,331 |
) |
|
|
(281,054 |
) |
|
|
(2,341,196 |
) |
|
|
(4,538,551 |
) |
| Depreciation and amortization |
|
|
542,831 |
|
|
|
79,786 |
|
|
|
1,387 |
|
|
|
- |
|
|
|
624,004 |
|
| Income tax expense (benefit) |
|
|
(48,466 |
) |
|
|
(15,873 |
) |
|
|
850 |
|
|
|
(75,891 |
) |
|
|
(139,380 |
) |
| Net income (loss) from continuing operations |
|
|
(1,429,033 |
) |
|
|
(414,121 |
) |
|
|
(277,778 |
) |
|
|
(2,265,305 |
) |
|
|
(4,386,237 |
) |
| |
|
As of December 31, 2023 |
|
| Goodwill |
|
$ |
465,752 |
|
|
$ |
- |
|
|
$ |
952,001 |
|
|
$ |
- |
|
|
$ |
1,417,753 |
|
| Intangibles assets, net |
|
|
168,067 |
|
|
|
57,156 |
|
|
|
625 |
|
|
|
- |
|
|
|
225,848 |
|
| Assets from continuing operations, net of eliminations |
|
|
6,915,583 |
|
|
|
87,231 |
|
|
|
(676,282 |
) |
|
|
- |
|
|
|
6,326,532 |
|
| |
|
Year Ended December 31, 2022 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
| Membership fees and related services |
|
$ |
- |
|
|
$ |
639,271 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
639,271 |
|
| Recruitment services |
|
|
4,861,761 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
4,861,761 |
|
| Contracted software development |
|
|
- |
|
|
|
- |
|
|
|
2,645,619 |
|
|
|
- |
|
|
|
2,645,619 |
|
| Consumer advertising and marketing solutions |
|
|
167,437 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
167,437 |
|
| Total revenues |
|
|
5,029,198 |
|
|
|
639,271 |
|
|
|
2,645,619 |
|
|
|
- |
|
|
|
8,314,088 |
|
| Income (loss) from continuing operations |
|
|
415,217 |
|
|
|
(196,117 |
) |
|
|
(1,008,101 |
) |
|
|
(2,312,874 |
) |
|
|
(3,101,875 |
) |
| Depreciation and amortization |
|
|
30,614 |
|
|
|
78,223 |
|
|
|
667,258 |
|
|
|
- |
|
|
|
776,095 |
|
| Income tax expense (benefit) |
|
|
9,200 |
|
|
|
24,629 |
|
|
|
126 |
|
|
|
(47,143 |
) |
|
|
(13,188 |
) |
| Net income (loss) from continuing operations |
|
|
414,491 |
|
|
|
(220,536 |
) |
|
|
(1,020,354 |
) |
|
|
(2,265,940 |
) |
|
|
(3,092,339 |
) |
| |
|
As of December 31, 2022 |
|
| Goodwill |
|
$ |
339,451 |
|
|
$ |
- |
|
|
$ |
935,334 |
|
|
$ |
- |
|
|
$ |
1,274,785 |
|
| Intangibles assets, net |
|
|
90,400 |
|
|
|
133,363 |
|
|
|
1,458 |
|
|
|
- |
|
|
|
225,221 |
|
| Assets from continuing operations, net of eliminations |
|
|
6,718,226 |
|
|
|
203,534 |
|
|
|
(287,455 |
) |
|
|
- |
|
|
|
6,634,305 |
|
|