v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Segments

Segment information for the Company’s operations for the three and six months ended June 30, 2026 and 2025, are as follows:

 

             
   For the Three Months Ended June 30,   For the Six Months Ended June 30, 
   2026   2025   2026   2025 
                 
Revenues                    
Mobile Virtual Network Operators  $1,587,245   $2,273,706   $3,390,758   $4,559,530 
Point-of-Sale and Prepaid Services   14,617,576    9,244,460    28,798,046    17,536,066 
Other Corporate Overhead   -    -    -    - 
Total  $16,204,821   $11,518,166   $32,188,804   $22,095,596 
                     
Cost of revenues                    
Mobile Virtual Network Operators  $2,300,917   $4,383,538   $3,318,445   $9,573,155 
Point-of-Sale and Prepaid Services   14,229,075    9,789,295    36,859,083    18,118,971 
Other Corporate Overhead   100,000    -    134,005    481 
Total  $16,629,992   $14,172,833   $40,311,533   $27,692,607 
                     
Operating expenses                    
Mobile Virtual Network Operators  $139,104   $285,526   $210,724   $881,752 
Point-of-Sale and Prepaid Services   (7,978,857)   658,727    (7,276,805)   1,565,723 
Other Corporate Overhead   3,962,135    3,211,589    6,691,475    6,345,926 
Total  $(3,877,618)  $4,155,842   $(374,606)  $8,793,401 
                     
Income (loss) from operations                    
Mobile Virtual Network Operators  $(852,776)  $(2,395,358)  $(138,411)  $(5,895,377)
Point-of-Sale and Prepaid Services   8,367,358    (1,203,562)   (784,232)   (2,148,628)
Other Corporate Overhead   (4,062,135)   (3,211,589)   (6,825,480)   (6,346,407)
Total  $3,452,447   $(6,810,509)  $(7,748,123)  $(14,390,412)

  

Segment information for the Company’s assets and liabilities at June 30, 2026 and December 31, 2025, are as follows:

 

   June 30, 2026   December 31, 2025 
         
Total Assets          
Mobile Virtual Network Operators  $4,582,848   $4,524,425 
Point-of-Sale and Prepaid Services   2,819,980    2,231,645 
Other Corporate Overhead   1,835,612    1,759,776 
Total  $9,238,440   $8,515,846 
           
Total Liabilities          
Mobile Virtual Network Operators  $2,181,678   $2,632,025 
Point-of-Sale and Prepaid Services   2,885,638    2,768,490 
Other Corporate Overhead   24,920,549    18,518,150 
Total  $29,987,865   $23,918,665