Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Income Statements

v3.26.1
Condensed Consolidated Income Statements - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 14,820,233 $ 13,077,590
Cost of revenues:    
Total cost of revenues 2,722,655 2,972,126
Selling and marketing expenses 3,716,904 3,505,150
Depreciation and amortization 396,693 361,930
General and administrative expenses 7,084,986 6,914,945
Total selling, general and administrative expenses 11,198,583 10,782,025
Net loss on disposition or impairment 25,327 1,973
Income (loss) from operations 873,668 (678,534)
Other income, net 240,235 185,917
Income (loss) before income tax expense 1,113,903 (492,617)
Income tax expense 11,112 13,404
Net income (loss) from continuing operations 1,102,791 (506,021)
Discontinued operations:    
Income from discontinued operations before income tax expense 378,713 1,577,229
Income tax expense from discontinued operations 182,369 103,412
Net income from discontinued operations 196,344 1,473,817
Net income $ 1,299,135 $ 967,796
Net income (loss) from continuing operations per common share:    
Basic (in dollars per share) $ 0.08 $ (0.03)
Diluted (in dollars per share) 0.08 (0.03)
Net income from discontinued operations per common share:    
Basic (in dollars per share) 0.01 0.10
Diluted (in dollars per share) 0.01 0.10
Net income per common share:    
Net income per basic share (in dollars per share) 0.09 0.06
Net income per diluted share (in dollars per share) $ 0.09 $ 0.06
Basic weighted average shares (in shares) 14,181,109 15,186,420
Diluted weighted average shares (in shares) 14,185,152 15,263,152
Royalty fees    
Revenues:    
Total revenues $ 8,032,289 $ 8,070,985
Franchise fees    
Revenues:    
Total revenues 1,145,068 828,519
Cost of revenues:    
Cost of revenues 2,269,758 2,551,235
Advertising fund revenue    
Revenues:    
Total revenues 3,647,083 2,307,502
Software fees    
Revenues:    
Total revenues 1,534,901 1,461,967
Cost of revenues:    
Cost of revenues 452,897 420,891
Other revenues    
Revenues:    
Total revenues $ 460,892 $ 408,617