v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting

Note 12. Segment Reporting

 

As noted above, the Company is a provider of data content and services related to the repair, normalization and interoperability of information for healthcare providers and big data analytics for the healthcare industry.

 

The Company has determined that it currently operates in a single segment - health information technology solutions and services, located in a single geographic location – the United States. The accounting policies of the segment are the same as those described in the summary of significant accounting policies. Since the Company operates in a single segment, the measure of segment total assets and loss from operations is the same as that reported on the accompanying condensed consolidated balance sheets as total assets, and the accompanying condensed consolidated statements of operations as loss from operations, respectively.

 

The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM manages the Company’s business activities as a single operating and reportable segment. The CODM uses consolidated profit and loss to evaluate and measure performance against progress in its commercialization efforts. The following table sets forth significant segment assets and expenses.

 

    June 30,     December 31,  
    2026     2025  
Assets:            
Cash   $ 1,263,478     $ 1,644,439  
Accounts receivable, net     261,758       313,350  
Prepaid expenses and other assets     173,743       65,627  
Property and equipment, net     8,449       10,220  
Intangible assets     158,040       20,019  
Goodwill     5,842,433       5,842,433  
Total Assets   $ 7,707,901     $ 7,896,088  

 

    For the Three Months Ended     For the Six Months Ended  
    June 30,     June 30,  
    2026     2025     2026     2025  
                         
Revenue   $ 706,049     $ 682,632     $ 1,450,948     $ 1,402,931  
Cost of revenue     375,626       502,215       746,416       1,085,651  
Gross profit     330,423       180,417       704,532       317,280  
                                 
Operating expenses:                                
Legal and professional     124,166       111,339       282,521       315,318  
Salaries and wages     139,285       155,276       279,731       239,554  
General and administrative     187,040       207,329       397,277       389,932  
Depreciation     886       -       1,771       -  
Total operating expenses     451,377       473,944       961,300       944,804  
                                 
Other income (expense)                                
Interest expense     -       (1,534,454 )     (37,953 )     (1,676,760 )
Loss on shares issued for legal settlement     -       (78,104 )     -       (78,104 )
Total other expense     -       (1,612,558 )     (37,953 )     (1,754,864 )
                                 
Net loss   $ (120,954 )   $ (1,906,085 )   $ (294,721 )   $ (2,382,388 )