| Schedule of Discontinued Operations Assets and Liabilities Classified as Held-for-Sale |
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March 31, 2023 |
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December 31, 2022 |
Trade accounts receivable |
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$ |
961,968 |
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$ |
752,420 |
Inventories |
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154,998 |
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145,808 |
Other current assets |
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184,857 |
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255,871 |
Total current assets |
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$ |
1,301,823 |
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$ |
1,154,099 |
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Property, plant, and equipment |
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$ |
72,951 |
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$ |
69,270 |
Right of use asset |
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35,621 |
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46,025 |
Intangible assets |
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2,110,550 |
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2,110,550 |
Goodwill |
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45,688 |
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45,688 |
Total noncurrent assets |
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$ |
2,264,810 |
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$ |
2,271,533 |
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Total assets held for sale
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$ |
3,566,633 |
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$ |
3,425,632 |
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Accounts payable |
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$ |
250,632 |
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$ |
381,992 |
Accrued compensation and benefits |
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141,956 |
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184,585 |
Operating lease liability |
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39,237 |
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50,170 |
Other accrued liabilities |
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9,565 |
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10,727 |
Deferred revenue |
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627,809 |
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|
533,685 |
Total current liabilities |
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$ |
1,069,199 |
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$ |
1,161,159 |
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Deferred revenue |
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$ |
262,455 |
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$ |
250,875 |
Total noncurrent liabilities |
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$ |
262,455 |
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$ |
250,875 |
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Total liabilities held for sale |
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$ |
1,331,654 |
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$ |
1,412,034 |
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| Schedule of Financial Results of Discontinued Operations |
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Three Months Ended March 31 |
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2023 |
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2022 |
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Sales |
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$ |
1,752,182 |
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$ |
86,932 |
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Cost of sales |
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1,244,368 |
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57,508 |
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Selling, general and administrative expenses |
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448,705 |
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23,522 |
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Transaction costs |
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14,426 |
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— |
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Operating income before income taxes |
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44,683 |
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|
5,902 |
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Income tax expense |
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— |
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— |
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Income from discontinued operations |
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$ |
44,683 |
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$ |
5,902 |
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