Annual report pursuant to Section 13 and 15(d)

Consolidated Income Statements

v3.24.1
Consolidated Income Statements - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue    
Total revenue $ 35,074
Cost of revenue
Gross profit 35,074
Selling, general, and administrative expenses 1,775,210 495,400
Operating income (loss) (1,775,210) (460,326)
Other income and (expense)    
Gain on sale of discontinued operations 4,805,389
Gain (loss) on investments (170,418)
Interest income 74,780 58,725
Unrealized gain (loss) on investments (2,484)
Interest expense (15,847) (33,878)
Other income (expense) 1,291 555
Total other income and (expense) 4,863,129 (145,016)
Income (loss) before provision for income taxes 3,087,919 (605,342)
Provision for income taxes (8,160) (6,768)
Net income (loss) – from continued operations 3,079,759 (612,110)
Net Income (loss) from discontinued operations before tax 83,682 252,800
Provision for income taxes on discontinued operations (5,783) (7,615)
Net income (loss) - from discontinued operations 77,899 245,185
Net income (loss) 3,157,658 (366,925)
Gain (loss) attributable to non-controlling interest (104,461)
Net income (loss) attributable to Mentor $ 3,157,658 $ (471,386)
Basic and diluted net income (loss) per Mentor common share:    
Basic $ 0.137 $ (0.021)
Diluted $ 0.122 $ (0.021)
Weighted average number of shares of Mentor common stock outstanding:    
Basic 22,977,395 22,941,357
Diluted 25,865,216 22,941,357
Service [Member]    
Revenue    
Total revenue $ (2,585)
Finance Lease Revenue [Member]    
Revenue    
Total revenue $ 37,659