| SCHEDULE OF DISPOSAL GROUPS, INCLUDING DISCONTINUED OPERATIONS |
Major classes of line items constituting pretax
income (loss) on discontinued operations:
SCHEDULE OF DISPOSAL GROUPS, INCLUDING DISCONTINUED OPERATIONS
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For the three months ended |
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|
For the nine months ended |
|
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|
September 30, |
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|
September 30, |
|
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|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
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|
|
|
|
|
|
|
|
|
|
|
|
| Services revenue |
|
$ |
- |
|
|
$ |
142,300 |
|
|
$ |
177,200 |
|
|
$ |
171,400 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Services costs |
|
|
(55,800 |
) |
|
|
(192,600 |
) |
|
|
(314,900 |
) |
|
|
(368,400 |
) |
| General and administrative expenses |
|
|
(22,900 |
) |
|
|
(26,200 |
) |
|
|
(40,800 |
) |
|
|
(79,900 |
) |
| Salaries and related expenses |
|
|
(51,200 |
) |
|
|
(72,500 |
) |
|
|
(150,800 |
) |
|
|
(254,100 |
) |
| Other income (expense) |
|
|
145,200 |
|
|
|
12,400 |
|
|
|
210,800 |
|
|
|
186,200 |
|
| Gain on debt extinguishment |
|
|
410,600 |
|
|
|
- |
|
|
|
410,600 |
|
|
|
- |
|
| Total expenses |
|
|
425,900 |
|
|
|
(278,900 |
) |
|
|
114,900 |
|
|
|
(516,200 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income (loss) |
|
|
425,900 |
|
|
|
(136,600 |
) |
|
|
292,100 |
|
|
|
(344,800 |
) |
| Income tax benefit |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total income (loss) from discontinued operations |
|
$ |
425,900 |
|
|
$ |
(136,600 |
) |
|
$ |
292,100 |
|
|
$ |
(344,800 |
) |
The net assets and liabilities disposed
of, resulting in the gain on the abandonment, are summarized in the following table:
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|
Three and Nine
Months Ended |
|
| |
|
September 30, 2021 |
|
| Assets, net |
|
|
(18,900 |
) |
| Liabilities - Other, net including intercompany assets |
|
|
391,500 |
|
| IRS payroll tax liability |
|
|
1,085,400 |
|
| Gain on abandonment |
|
|
1,458,000 |
|
|