v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Information  
Schedule of segment information

 

 

THREE MONTHS ENDED

 

 

SIX MONTHS ENDED

 

 

 

JUNE 30,

 

 

JUNE 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

REVENUES

 

$37,880,202

 

 

$36,040,771

 

 

$72,097,941

 

 

$70,248,050

 

Carrier services cost

 

 

(22,219,560)

 

 

(20,401,300)

 

 

(44,611,944)

 

 

(39,783,894)

Managed service costs

 

 

(10,057,207)

 

 

(10,169,344)

 

 

(16,611,809)

 

 

(19,673,365)

Depreciation and amortization

 

 

(725,354)

 

 

(906,234)

 

 

(1,435,235)

 

 

(1,740,324)

Stock based compensation

 

 

(166,018)

 

 

(365,958)

 

 

(364,877)

 

 

(783,741)

Other segment items (1)

 

 

(5,420,389)

 

 

(4,659,520)

 

 

(10,598,833)

 

 

(9,379,330)

Interest expense

 

 

(52,382)

 

 

(72,331)

 

 

(107,455)

 

 

(131,068)

Interest income

 

 

89,340

 

 

 

51,725

 

 

 

142,770

 

 

 

101,151

 

Other expense

 

 

497

 

 

 

(1,534)

 

 

497

 

 

 

(36,405)

Income tax benefit (provision)

 

 

52,412

 

 

 

(15,828)

 

 

146,423

 

 

 

26,263

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET LOSS FOR THE PERIOD:

 

$(618,459)

 

$(499,553)

 

$(1,342,522)

 

$(1,152,663)