| Segment Reporting Disclosure [Text Block] |
14. Segment Information
The Company operates in the following segments: (i) PDN Network, (ii) NAPW Network, and (iii) RemoteMore. The financial results of China Operations have been reclassified from the Company’s reportable segments to discontinued operations for six months ended June 30, 2023. There was no reportable activity related to discontinued operation in the same period in fiscal 2024.
The following tables present key financial information related of the Company’s reportable segments related to financial position as of June 30, 2024 and December 31, 2023 and results of operations for the three and six months ended June 30, 2024 and 2023:
| |
|
Three Months Ended June 30, 2024 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
Membership fees and related services |
|
$ |
- |
|
|
$ |
108,355 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
108,355 |
|
Recruitment services |
|
|
1,145,278 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,145,278 |
|
Contracted software development |
|
|
- |
|
|
|
- |
|
|
|
428,881 |
|
|
|
- |
|
|
|
428,881 |
|
Consumer advertising and marketing solutions |
|
|
7,946 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
7,946 |
|
Total revenues |
|
|
1,153,224 |
|
|
|
108,355 |
|
|
|
428,881 |
|
|
|
- |
|
|
|
1,690,460 |
|
Income (loss) from continuing operations |
|
|
(37,783 |
) |
|
|
(32,239 |
) |
|
|
(120,272 |
) |
|
|
(392,056 |
) |
|
|
(582,350 |
) |
Depreciation and amortization |
|
|
35,398 |
|
|
|
19,169 |
|
|
|
346 |
|
|
|
- |
|
|
|
54,913 |
|
Income tax expense |
|
|
3,781 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
3,781 |
|
Net loss from continuing operations |
|
|
(41,062 |
) |
|
|
(32,251 |
) |
|
|
(120,874 |
) |
|
|
(392,056 |
) |
|
|
(586,243 |
) |
| |
|
As of June 30, 2024 |
|
Goodwill |
|
$ |
465,752 |
|
|
$ |
- |
|
|
$ |
952,001 |
|
|
$ |
- |
|
|
$ |
1,417,753 |
|
Intangibles assets, net |
|
|
151,400 |
|
|
|
19,052 |
|
|
|
208 |
|
|
|
- |
|
|
|
170,660 |
|
Assets from continuing operations, net of intercompany eliminations |
|
|
6,689,392 |
|
|
|
30,003 |
|
|
|
(920,543 |
) |
|
|
- |
|
|
|
5,798,852 |
|
| |
|
Six Months Ended June 30, 2024 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
Membership fees and related services |
|
$ |
- |
|
|
$ |
235,701 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
235,701 |
|
Recruitment services |
|
|
2,249,049 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
2,249,049 |
|
Contracted software development |
|
|
- |
|
|
|
- |
|
|
|
913,842 |
|
|
|
- |
|
|
|
913,842 |
|
Consumer advertising and marketing solutions |
|
|
18,710 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
18,710 |
|
Total revenues |
|
|
2,267,759 |
|
|
|
235,701 |
|
|
|
913,842 |
|
|
|
- |
|
|
|
3,417,302 |
|
Income (loss) from continuing operations |
|
|
(235,737 |
) |
|
|
(82,747 |
) |
|
|
(173,799 |
) |
|
|
(892,993 |
) |
|
|
(1,385,276 |
) |
Depreciation and amortization |
|
|
69,211 |
|
|
|
37,410 |
|
|
|
693 |
|
|
|
- |
|
|
|
107,314 |
|
Income tax expense (benefit) |
|
|
5,421 |
|
|
|
- |
|
|
|
850 |
|
|
|
- |
|
|
|
6,271 |
|
Net income (loss) from continuing operations |
|
|
(239,764 |
) |
|
|
(83,809 |
) |
|
|
(176,829 |
) |
|
|
(892,993 |
) |
|
|
(1,393,395 |
) |
| |
|
Three Months Ended June 30, 2023 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
Membership fees and related services |
|
$ |
- |
|
|
$ |
136,235 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
136,235 |
|
Recruitment services |
|
|
1,076,023 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,076,023 |
|
Contracted software development |
|
|
- |
|
|
|
- |
|
|
|
603,444 |
|
|
|
- |
|
|
|
603,444 |
|
Consumer advertising and marketing solutions |
|
|
25,523 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
25,523 |
|
Total revenues |
|
|
1,101,546 |
|
|
|
136,235 |
|
|
|
603,444 |
|
|
|
- |
|
|
|
1,841,225 |
|
Income (loss) from continuing operations |
|
|
(454,402 |
) |
|
|
(133,179 |
) |
|
|
(80,737 |
) |
|
|
(762,947 |
) |
|
|
(1,431,265 |
) |
Depreciation and amortization |
|
|
127,207 |
|
|
|
19,606 |
|
|
|
346 |
|
|
|
- |
|
|
|
147,159 |
|
Income tax expense (benefit) |
|
|
1,484 |
|
|
|
906 |
|
|
|
- |
|
|
|
(1,440 |
) |
|
|
950 |
|
Net income (loss) from continuing operations |
|
|
(455,429 |
) |
|
|
(134,085 |
) |
|
|
(80,697 |
) |
|
|
(761,507 |
) |
|
|
(1,431,718 |
) |
| |
|
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 intercompany eliminations |
|
|
6,915,583 |
|
|
|
87,231 |
|
|
|
(676,282 |
) |
|
|
- |
|
|
|
6,326,532 |
|
| |
|
Six Months Ended June 30, 2023 |
|
| |
|
PDN |
|
|
NAPW |
|
|
|
|
|
|
Corporate |
|
|
|
|
|
| |
|
Network |
|
|
Network |
|
|
RemoteMore |
|
|
Overhead |
|
|
Consolidated |
|
Membership fees and related services |
|
$ |
- |
|
|
$ |
265,158 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
265,158 |
|
Recruitment services |
|
|
2,179,418 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,179,418 |
|
Contracted software development |
|
|
|
|
|
|
|
|
|
|
1,301,710 |
|
|
|
|
|
|
|
1,301,710 |
|
Consumer advertising and marketing solutions |
|
|
50,148 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,148 |
|
Total revenues |
|
|
2,229,566 |
|
|
|
265,158 |
|
|
|
1,301,710 |
|
|
|
- |
|
|
|
3,796,434 |
|
Income (loss) from continuing operations |
|
|
(809,034 |
) |
|
|
(380,245 |
) |
|
|
(185,621 |
) |
|
|
(1,183,145 |
) |
|
|
(2,558,045 |
) |
Depreciation and amortization |
|
|
239,967 |
|
|
|
39,273 |
|
|
|
693 |
|
|
|
|
|
|
|
279,933 |
|
Income tax expense (benefit) |
|
|
(1,596 |
) |
|
|
(2,665 |
) |
|
|
850 |
|
|
|
(6,512 |
) |
|
|
(9,923 |
) |
Net income (loss) from continuing operations |
|
|
(804,155 |
) |
|
|
(377,527 |
) |
|
|
(182,726 |
) |
|
|
(1,176,633 |
) |
|
|
(2,541,041 |
) |
|