v3.22.1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total revenue $ 1,848,898 $ 1,320,624
Cost of sales 1,149,015 884,232
Gross profit 699,883 436,392
Selling, general and administrative expenses 668,507 601,135
Operating income (loss) 31,376 (164,743)
Other income and (expense)    
Gain (loss) on investments (42,680) 4,849
Paycheck Protection Program loan forgiven 10,000
Interest income 14,353 16,489
Interest expense (18,207) (12,070)
Gain on equipment disposal
Gain (loss) on ROU asset disposal 26,168 (643)
Other income (expense) 1,500 (1,053)
Total other income and (expense) (18,866) 17,572
Income (loss) before provision for income taxes 12,510 (147,171)
Provision for income taxes 13,570 5,700
Net income (loss) (1,060) (152,871)
Gain (loss) attributable to non-controlling interest 91,599 (5,948)
Net income (loss) attributable to Mentor $ (92,659) $ (146,923)
Basic and diluted net income (loss) per Mentor common share:    
Basic and diluted $ (0.004) $ (0.006)
Weighted average number of shares of Mentor common stock outstanding:    
Basic and diluted [1] 22,918,755 22,850,947
Service [Member]    
Revenue    
Total revenue $ 1,839,880 $ 1,309,753
Finance Lease Revenue [Member]    
Revenue    
Total revenue $ 9,018 $ 10,871
[1] The company recorded an operating loss; therefore the diluted EPS will not be calculated as the diluted EPS effect is anti-dilutive.

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