Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Information

 

      Network       Network       RemoteMore       Overhead       Consolidated  
    Three Months Ended March 31, 2022  
    PDN     NAPW           Corporate        
    Network     Network     RemoteMore     Overhead     Consolidated  
Membership fees and related services   $ -     $ 196,009     $ -     $ -     $ 196,009  
Recruitment services     1,333,364       -       -       -       1,333,364  
Contracted software development     -       -       477,092       -       477,092  
Consumer advertising and marketing solutions     46,415       -       -       -       46,415  
Total revenues     1,379,779       196,009       477,092       -       2,052,880  
Income (loss) from continuing operations     272,290       (207,877 )     (378,279 )     (602,347 )     (916,213 )
Depreciation and amortization     6,222       19,432       255,618       -       281,272  
Income tax expense (benefit)     9,087       (13,017 )     -       (21,858 )     (25,788 )
Net income (loss) from continuing operations     266,221       (194,696 )     (380,560 )     (580,489 )     (889,524 )

 

    As of March 31, 2022  
Goodwill   $ 339,451     $ -     $ 935,334     $ -     $ 1,274,785  
Intangibles assets, net     90,400       190,519       412,741       -       693,660  
Assets from continuing operations     7,184,628       476,133       283,645       -       7,944,406  

 

      Network       Network       RemoteMore       Overhead       Consolidated  
    Three Months Ended March 31, 2021  
    PDN     NAPW           Corporate        
    Network     Network     RemoteMore     Overhead     Consolidated  
Membership fees and related services   $ -     $ 264,636     $              -     $ -     $ 264,636  
Recruitment services     1,175,080       -       -       -       1,175,080  
Contracted software development     -       -       -       -       -  
Consumer advertising and marketing solutions     45,136       -       -       -       45,136  
Total revenues     1,220,216       264,636       -       -       1,484,852  
Income (loss) from continuing operations     312,822     (246,419 )     -       (889,880 )     (823,477 )
Depreciation and amortization     1,178       28,429       -       -       29,607  
Income tax benefit     (46,357 )     (20,620 )     -       -       (66,977 )
Net loss from continuing operations     360,064       (225,799 )     -       (889,880 )     (755,615 )

 

    As of December 31, 2021  
Goodwill   $ 339,451     $ -     $ 935,334     $ -     $ 1,274,785  
Intangibles assets, net     90,400       209,570       668,311       -       968,281  
Assets from continuing operations     7,596,499       684,881       501,198       -       8,782,578