v3.22.2.2
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Total revenue $ 1,930,299 $ 1,492,624 $ 5,647,817 $ 4,185,887
Cost of sales 1,490,712 1,004,040 3,924,380 2,882,275
Gross profit 439,587 488,584 1,723,437 1,303,612
Selling, general and administrative expenses 861,628 402,257 2,777,865 1,689,318
Operating income (loss) (422,041) 86,327 (1,054,428) (385,706)
Other income and (expense)        
Employee retention credits 1,350,161
Gain (loss) on investments 590 (2,427) (39,661) (8,001)
Paycheck Protection Program Loan Forgiven 10,000
Interest income 12,887 16,269 40,632 49,003
Interest expense (20,283) (16,714) (58,052) (43,899)
Gain on asset disposal (671) 56,455 761
Other income (expense) 56,128 4,032 58,026 4,429
Total other income and (expense) 49,322 489 1,407,561 12,293
Income (loss) before provision for income taxes (372,719) 86,816 353,133 (373,413)
Provision for income taxes 800 2,815 47,690 8,565
Net income (loss) (373,519) 84,001 305,443 (381,978)
Gain (loss) attributable to non-controlling interest (134,695) 87,393 329,419 (15,043)
Net income (loss) attributable to Mentor $ (238,824) $ (3,392) $ (23,976) $ (366,935)
Basic and diluted net income (loss) per Mentor common share:        
Basic and diluted $ (0.010) $ (0.000) $ (0.001) $ (0.016)
Weighted average number of shares of Mentor common stock outstanding:        
Basic and diluted 22,941,357 22,850,947 22,932,316 22,850,947
Service [Member]        
Revenue        
Total revenue $ 1,910,131 $ 1,482,649 $ 5,610,158 $ 4,154,711
Finance Lease Revenue [Member]        
Revenue        
Total revenue $ 20,168 $ 9,975 $ 37,659 $ 31,176

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