v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 4,010,813 $ 4,641,593 $ 8,258,158 $ 9,148,677
Cost of revenues:        
Total cost of revenues 1,284,256 1,638,614 2,662,401 3,246,054
Gross profit 2,726,557 3,002,979 5,595,757 5,902,623
Operating expenses:        
General and administrative 2,272,221 2,025,796 4,704,255 4,154,289
Sales and marketing 655,372 530,439 1,469,412 1,072,060
Depreciation and amortization 307,442 274,638 615,127 538,648
Total operating expenses 3,235,035 2,830,873 6,788,794 5,764,997
(Loss) income from operations (508,478) 172,106 (1,193,037) 137,626
Interest expense, net (59,112) (97,056) (102,118) (237,290)
Net (loss) income $ (567,590) $ 75,050 $ (1,295,155) $ (99,664)
Basic net (loss) income per share: $ (0.13) $ 0.02 $ (0.31) $ (0.02)
Diluted net (loss) income per share: $ (0.13) $ 0.02 $ (0.31) $ (0.02)
Weighted average number of common shares outstanding - basic 4,251,689 4,229,518 4,213,389 4,171,570
Weighted average number of common shares outstanding - diluted 4,251,689 4,722,063 4,213,389 4,171,570
Software as a Service [Member]        
Revenues:        
Total revenues $ 1,577,104 $ 1,400,591 $ 3,119,273 $ 2,805,744
Cost of revenues:        
Total cost of revenues 247,051 217,586 462,180 433,578
Software Maintenance Services [Member]        
Revenues:        
Total revenues 330,459 353,966 665,650 711,949
Cost of revenues:        
Total cost of revenues 12,978 13,364 29,343 29,074
Professional Services [Member]        
Revenues:        
Total revenues 1,899,619 2,677,291 4,057,934 5,162,748
Cost of revenues:        
Total cost of revenues 964,448 1,345,666 2,004,454 2,634,794
Storage and Retrieval Services [Member]        
Revenues:        
Total revenues 203,631 209,745 415,301 468,236
Cost of revenues:        
Total cost of revenues $ 59,779 $ 61,998 $ 166,424 $ 148,608

Source

HTML PDF
ZIP