Firefly Neuroscience (AIFF) 10-Q 16 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 10, 2022
Document Information [Line Items]
Entity Central Index Key	0000803578
Entity Registrant Name	WAVEDANCER, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	000-22405
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	54-1167364
Entity Address, Address Line One	12015 Lee Jackson Memorial Highway Suite 210
Entity Address, City or Town	Fairfax
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22033
City Area Code	703
Local Phone Number	383-3000
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	WAVD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		17,396,697

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 2,999,201	$ 4,931,302
Accounts receivable	1,672,072	1,664,862
Prepaid expenses and other current assets	458,719	276,990
Total current assets	5,129,992	6,873,154
Intangible assets, net of accumulated amortization of $550,925 and $201,032	7,699,075	8,048,968
Goodwill	7,585,269	7,585,269
Right-of-use operating lease asset	627,977	672,896
Property and equipment, net of accumulated depreciation and amortization of $361,338 and $347,886	103,577	105,256
Other assets	77,100	77,100
Total assets	21,222,990	23,362,643
Current liabilities
Accounts payable	302,323	650,499
Accrued payroll and related liabilities	611,497	524,055
Commissions payable	250,043	224,250
Other accrued liabilities	816,536	204,080
Contract liabilities	149,692	186,835
Operating lease liability - current	192,128	192,128
Total current liabilities	2,322,219	1,981,847
Operating lease liability - non-current	460,505	507,120
Deferred income taxes	441,498	1,167,504
Other liabilities	2,296,928	2,265,000
Total liabilities	5,521,150	5,921,471
Stockholders' equity
Common stock, $0.001 par value 100,000,000 shares authorized; 18,987,313 and 18,882,313 shares issued, 17,344,697 and 17,239,697 shares outstanding as of March 31, 2022 and December 31, 2021, respectively	18,987	18,882
Additional paid-in capital	32,128,334	31,789,464
Accumulated deficit	(15,515,270)	(13,436,963)
Treasury stock, 1,642,616 shares at cost	(930,211)	(930,211)
Total stockholders' equity	15,701,840	17,441,172
Total liabilities and stockholders' equity	$ 21,222,990	$ 23,362,643

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Intangible assets, accumulated amortization	$ 550,925	$ 201,032
Property and equipment, accumulated depreciation and amortization	$ 361,338	$ 347,886
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	18,987,313	18,882,313
Common stock, shares outstanding (in shares)	17,344,697	17,239,697
Treasury stock, shares (in shares)	1,642,616	1,642,616

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues
Total revenues	$ 2,995,512	$ 3,419,580
Cost of revenues
Total cost of revenues	2,619,447	2,399,930
Gross profit	376,065	1,019,650
Selling, general and administrative expenses	2,714,342	680,250
Acquisition costs	434,702	70,530
(Loss) income from operations	(2,772,979)	268,870
Other income (expense):
Interest expense	(19,319)	(1,459)
Other income (expense), net	(12,015)	3,404
(Loss) income before provision for income taxes	(2,804,313)	270,815
Income tax benefit	726,006	0
Net (loss) income	(2,078,307)	270,815
Comprehensive (loss) income	$ (2,078,307)	$ 270,815
Net (loss) income per common share - basic (in dollars per share)	$ (0.12)	$ 0.02
Net (loss) income per common share - diluted (in dollars per share)	$ (0.12)	$ 0.02
Weighted average common shares outstanding
Basic (in shares)	17,294,808	11,282,671
Diluted (in shares)	17,294,808	12,286,216
Professional Fees [Member]
Revenues
Total revenues	$ 2,066,690	$ 2,439,259
Cost of revenues
Total cost of revenues	1,712,015	1,467,699
Software Sales [Member]
Revenues
Total revenues	928,822	980,321
Cost of revenues
Total cost of revenues	$ 907,432	$ 932,231

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (2,078,307)	$ 270,815
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization	363,345	5,383
Stock-based compensation	312,176	27,711
Income tax benefit	(726,006)	0
Amortization of right-of-use assets	44,919	25,494
Non-cash interest expense	19,319	0
Change in fair value of contingent consideration liability	12,609	0
Changes in operating assets and liabilities:
Accounts receivable	(7,210)	256,268
Prepaid expenses and other current assets	(181,729)	36,476
Contract assets	0	(131,943)
Other assets	0	33,513
Accounts payable	(348,176)	88,567
Contract liabilities	(37,143)	(491,388)
Accrued payroll and related liabilities and other accrued liabilities	699,898	(25,986)
Operating lease liability	(46,615)	(27,232)
Commissions payable	25,793	95,168
Net cash (used in) provided by operating activities	(1,947,127)	162,846
Cash flows from investing activities
Acquisition of property and equipment	(11,773)	(4,612)
Net cash used in investing activities	(11,773)	(4,612)
Cash flows from financing activities
Borrowing under revolving line of credit	0	500,000
Proceeds from issuance of stock	0	495,999
Proceeds from exercise of stock options	26,799	3,550
Net cash provided by financing activities	26,799	999,549
Net (decrease) increase in cash and cash equivalents	(1,932,101)	1,157,783
Cash and cash equivalents, beginning of year	4,931,302	1,858,160
Cash and cash equivalents, end of year	2,999,201	3,015,943
Supplemental cash flow Information
Interest paid	$ (1,002)	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balances at December 31, 2021 at Dec. 31, 2020	$ 129,043	$ 14,720,065	$ (12,305,514)	$ (930,211)	$ 1,613,383
Net (loss) income		0	270,815	0	270,815
Stock option compensation		27,711	0	0	27,711
Issuance of stock from exercise of options	250	3,300	0	0	3,550
Stock issued	3,306	492,693	0	0	495,999
Balances at March 31, 2022 at Mar. 31, 2021	132,599	15,243,769	(12,034,699)	(930,211)	2,411,458
Balances at December 31, 2021 at Dec. 31, 2021	18,882	31,789,464	(13,436,963)	(930,211)	17,441,172
Net (loss) income		0	(2,078,307)	0	(2,078,307)
Stock option compensation		312,176	0	0	312,176
Issuance of stock from exercise of options	105	26,694	0	0	26,799
Balances at March 31, 2022 at Mar. 31, 2022	$ 18,987	$ 32,128,334	$ (15,515,270)	$ (930,211)	$ 15,701,840

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	Note 1. Summary of Significant Accounting Policies Organization and Business WaveDancer, Inc. (“WaveDancer”), formerly known as Information Analysis Incorporated (“IAI”), is engaged in providing professional services to U.S. government agencies to modernize information technology services, in selling and supporting third December, 2021 third one Unaudited Interim Condensed Consolidated Financial Statements The accompanying unaudited condensed consolidated financial statements (“financial statements”) have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10 8 03 X. not December 31, 2021 10 April 12, 2022 ( December 31, 2021, not The condensed consolidated financial statements as of March 31, 2022 three March 31, 2022 There have been no March 31, 2022, 1, Use of Estimates Preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates due to uncertainties, including the effects of COVID- 19. Reclassification Beginning with the three March 31, 2022, three March 31, 2021 Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not, March 31, 2022, December 31, 2021, no no Concentration of Credit Risk During the three March 31, 2022, five three one During the three March 31, 2021, five one one The Company sold third three March 31, 2022 2021, As of March 31, 2022, one As of March 31, 2021, two one one COVID- 19 While we have not March 31, 2022, 19

Note 2 - Revenue Recognition

Note 2 - Revenue Recognition	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 2. Revenue from Contracts with Customers Revenue is recognized when all of the following steps have been taken and criteria met for each contract: • Identification of the contract, or contracts, with a customer - • Identification of the performance obligations in the contract - third not • Determination of the transaction price - • Allocation of the transaction price to the performance obligations in the contract - • Recognition of revenue when, or as, the Company satisfies performance obligations - Nature of Products and Services We generate revenue from the sales of information technology professional services, sales of third third third Professional services are offered through several arrangements – through time and materials arrangements, fixed-price-per-unit arrangements, fixed-price arrangements, or combinations of these arrangements within individual contracts. Revenue under time and materials arrangements is recognized over time in the period the hours are worked or the expenses are incurred, as control of the benefits of the work is deemed to have passed to the customer as the work is performed. Revenue under fixed-price-per-unit arrangements is recognized at a point in time when delivery of units has occurred and units are accepted by the customer or are reasonably expected to be accepted. Generally, revenue under fixed-price arrangements and mixed arrangements is recognized either over time or at a point in time based on the allocation of transaction pricing to each identified performance obligation as control of each is transferred to the customer. For fixed-price arrangements under which documentary evidence of acceptance or receipt of deliverables is not no Third-party software licenses are classified as enterprise server-based software licenses or desktop software licenses, and desktop licenses are further classified by the type of customer and whether the licenses are bulk licenses or individual licenses. The Company’s obligations as the seller for each class differ based on its reseller agreements and whether its customers are government or non-government customers. Revenue from enterprise server-based sales to either government or non-government customers is usually recognized in full at a point in time based on when the customer gains use of the full benefit of the licenses, after the licenses are implemented. If the transaction prices of the performance obligations related to implementation and customer support for the individual contract is material, these obligations are recognized separately over time, as performed. Revenue for desktop software licenses for government customers is usually recognized on a gross basis at a point in time, based on when the customer’s administrative contact gains training in and beneficial use of the administrative portal. Revenue for bulk desktop software licenses for non-government customers is usually recognized on a gross basis at a point in time, based on when the customer’s administrative contact gains training in and beneficial use of the administrative portal. For desktop software licenses sold on an individual license basis to non-government customers, where the Company has no third Third-party support and maintenance contracts for enterprise server-based software include a performance obligation under the Company’s reseller agreements for it to be the first second not Incentive payments are received under reseller agreements with software manufacturers and suppliers where the Company introduces and courts a customer, but the sale occurs directly between the customer and the supplier or between the customer and the manufacturer. Since the transfer of control of the licenses cannot be measured from outside of these transactions, revenue is recognized when payment from the manufacturer or supplier is received. Disaggregation of Revenue from Contracts with Customers Three months ended March 31, 2022 2021 Contract Type Amount Percentage Amount Percentage Services time & materials $ 1,912,996 64.0 % $ 1,966,129 57.5 % Services fixed price over time 51,154 1.7 % 16,800 0.5 % Services combination 9,000 0.3 % 409,870 12.0 % Services fixed price per unit 93,540 3.1 % 46,460 1.4 % Third-party software 863,038 28.7 % 920,695 26.9 % Software support & maintenance 49,169 1.6 % 16,939 0.5 % Incentive payments 16,615 0.6 % 42,687 1.2 % Total revenue $ 2,995,512 100.0 % $ 3,419,580 100.0 % Contract Balances Accounts Receivable Trade accounts receivable are recorded at the billable amount where the Company has the unconditional right to bill, net of allowances for doubtful accounts. The allowance for doubtful accounts is based on the Company’s assessment of the collectability of accounts. Management regularly reviews the adequacy of the allowance for doubtful accounts by considering the age of each outstanding invoice, each customer's expected ability to pay and collection history, when applicable, to determine whether a specific allowance is appropriate. Accounts receivable deemed uncollectible are charged against the allowance for doubtful accounts when identified. There were no such allowances recognized as of March 31, 2022 December 31, 2021. Accounts receivable as of March 31, 2022 December 31, 2021, March 31, December 31, Billed federal government $ 1,625,138 $ 1,594,473 Unbilled receivables 46,934 70,389 Accounts receivable $ 1,672,072 $ 1,664,862 Billed receivables from the federal government include amounts due from both prime contracts and subcontracts where the federal government is the end customer. Contract Assets Contract assets consist of assets resulting when revenue recognized exceeds the amount billed or billable to the customer due to allocation of transaction price, and of amounts withheld from payment of invoices as a financing component of a contract. There were no amounts recorded to contract assets as of March 31, 2022 December 31, 2021. three March 31, 2021, Balance as of December 31, 2020 $ 210,688 Contract assets added 131,943 Balance as of March 31, 2021 $ 342,631 Contract Liabilities Contract liabilities consist of amounts that have been invoiced and for which the Company has the right to bill, but that have not not three March 31, 2022 2021, Balance as of December 31, 2021 $ 186,835 Contract liabilities added 19,280 Revenue recognized (56,423 ) Balance as of March 31, 2022 $ 149,692 Balance as of December 31, 2020 $ 946,884 Contract liabilities added 93,934 Revenue recognized (585,322 ) Balance as of March 31, 2021 $ 455,496 Revenues recognized during the three March 31, 2022 2021, December 31, 2021 2020, Costs to Obtain or Fulfill a Contract When applicable, the Company recognizes an asset related to the costs incurred to obtain a contract only if it expects to recover those costs and it would not not March 31, 2022, December 31, 2021. Deferred Costs of Revenue Deferred costs of revenue consist of the costs of third three March 31, 2022 2021, Balance as of December 31, 2021 $ 154,218 Deferred costs added 2,800 Deferred costs expensed (55,362 ) Balance as of March 31, 2022 $ 101,656 Balance as of December 31, 2020 $ 89,068 Deferred costs added 17,406 Deferred costs expensed (75,223 ) Balance as of March 31, 2021 $ 31,251

Note 3 - Leases

Note 3 - Leases	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 3. Leases The Company has two one one 2021 March 31, 2022 December 31, 2021. As of March 31, 2022 December 31, 2021, not The Company’s operating lease asset represents its right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since the lease does not not The Company’s lease agreements do not The Company does not third As of March 31, 2022, two March 31, 2022 Remainder of 2022 $ 168,042 2023 228,862 2024 174,721 2025 74,804 2026 70,220 Total lease payments 716,649 Less: discount (64,016 ) Present value of lease liabilities $ 652,633 The total expense incurred related to its operating leases was $56,414 and $26,122 for the three March 31, 2022 2021,

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 4. Fair Value Measurements The Company defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The standard describes a fair value hierarchy based on three first two may • Level 1—Quoted • Level 2—Inputs 1 not • Level 3—Unobservable no The following table represents the fair value hierarchy for the Company’s financial instruments measured at fair value on a recurring basis as of March 31, 2022 December 31, 2021: March 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 151,231 $ - $ - $ 151,231 Other liabilities: Fair value of contingent consideration $ - $ - $ 942,609 $ 942,609 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,600,663 $ - $ - $ 1,660,663 Other liabilities: Fair value of contingent consideration $ - $ - $ 930,000 $ 930,000 The following table is a rollforward of the Level 3 Fair value of contingent consideration: December 31, 2021 $ 930,000 Change in fair value 12,609 March 31, 2022 $ 942,609 The change in fair value of contingent consideration is included in other income (expense) on the condensed consolidated statement of operations. There were no unrealized gains or losses included in income for the three March 31, 2022.

Note 5 - Acquisitions

Note 5 - Acquisitions	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 5. Acquisitions Tellenger, Inc. On April 7, 2021, not not not not Useful Amounts Valuation Methodology Cash $ 81,473 Accounts receivable 611,471 Other current assets 6,338 Intangible assets with estimated useful lives: Customer relationships 8 1,090,000 Replacement cost and relief from royalty Non-compete agreements 3 120,000 Multi-period excess earnings Intangible assets with indefinite lives: Trade names 280,000 Goodwill 785,000 Total assets acquired 2,974,282 Current liabilities (458,925 ) Net assets acquired $ 2,515,357 Gray Matters, Inc. On December 10, 2021, Net cash consideration $ 7,240,100 Buyer common stock 1,500,000 Fair value of deferred consideration 1,335,000 Fair value of contingent consideration 930,000 Total $ 11,005,100 Common stock consideration consisted of 436,481 shares of WaveDancer common stock valued at $1,500,000 as of the transaction closing date. The deferred consideration of $1,335,000 is the estimated present value as of the closing date of the $1,500,000 cash payment due to the selling shareholder of GMI (the “Seller”) on the second three March 31, 2022, 2022 December 31, 2022. $1,000,000 December 31, 2021. 6% March 31, 2022 March 31, 2022 December 31, 2021. On May 12, 2022, December 10, 2023, March 31, 2022 December 31, 2021. Goodwill is attributable to human capital related intangible assets like the value of the acquired assembled workforce and strategic and enterprise related intangible assets including growth opportunities that are not not not The purchase price for GMI has been allocated as follows: Useful Amounts Valuation Methodology Cash $ 20,235 Fixed assets 8,902 Intangible assets with estimated useful lives: Technology 5 2,900,000 Replacement cost and relief from royalty Customer relationships 6 3,860,000 Multi-period excess earnings Goodwill 4,560,099 Total assets acquired 11,349,236 Current liabilities (344,136 ) Net assets acquired $ 11,005,100 Supplemental Combined Pro Forma Information The following unaudited pro forma financial information presents combined results of operations for the periods presented as if the acquisitions of both Tellenger and Gray Matters had been completed on January 1, 2020. The pro forma data are for informational purposes only and are not January 1, 2020, not For the three months ended March 31, 2022 2021 Revenues $ 2,995,512 $ 4,577,405 Net (loss) income $ (2,078,307 ) $ (577,394 )

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Goodwill and Intangible Assets, Policy [Policy Text Block]	Note 6. Goodwill and Intangible Assets Information regarding our intangible assets and goodwill is as follows: Weighted Average Useful Life (Years) December 31, 2021 Additions March 31, 2022 Intangible assets with estimated useful lives Technology 5.0 $ 2,900,000 $ - $ 2,900,000 Customer relationships 6.4 4,950,000 - 4,950,000 Non-compete agreements 3.0 120,000 - 120,000 Accumulated amortization (201,032 ) (349,893 ) (550,925 ) Sub-total 7,768,968 (349,893 ) 7,419,075 Intangible assets with indefinite lives Trade names Indefinite 280,000 - 280,000 Net identifiable intangible assets $ 8,048,968 $ (349,893 ) $ 7,699,075 Goodwill Indefinite $ 7,585,269 $ - $ 7,585,269 There was no impairment charge to intangible assets or goodwill for the three March 31, 2022. December 31, 2020 March 31, 2021. As of March 31, 2022, five Remainder of 2022 $ 1,049,679 2023 1,399,572 2024 1,369,635 2025 1,359,576 2026 1,326,854 Thereafter 913,759 Total $ 7,419,075

Note 7 - Stock-based Compensati

Note 7 - Stock-based Compensation	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 7. Stock-Based Compensation We have three 2006 2006 “2006 April 12, 2016. 2016 2016 “2016 November 15, 2021. October 11, 2021, 2021 “2021 December 2, 2021, The Company recognizes compensation costs only for those shares expected to vest on a straight-line basis over the requisite service period of the awards. Fair values of option awards granted in the three March 31, 2022 2021, Three months ended March 31, 2022 2021 Risk-free interest rate 1.91% - 2.41% 0.46% - 0.92% Dividend yield 0% 0% Expected term (years) 5.75 - 6.00 5.00 Expected volatility 45.8% - 46.1% 92.6% - 93.8% Determining the assumptions for the expected term and volatility requires management to exercise significant judgement. The expected term represents the weighted-average period that options granted are expected to be outstanding giving consideration to vesting schedules. Since the Company does not first March 31, 2021. There were 912,000 options with grant date fair values totaling $2,074,670 and 145,000 options with grant date fair values totaling $176,900 granted during the three March 31, 2022, 2021, three March 31, 2022, 2021, March 31, 2022, Total compensation expense related to these plans was $312,176 and $27,711 for the three March 31, 2022, 2021,

Note 8 - Revolving Lines of Cre

Note 8 - Revolving Lines of Credit	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 8. Revolving Line of Credit and Notes Payable On April 16, 2021, The Wall Street Journal April 16, 2022. March 31, 2022 December 31 2021, no three March 31, 2022. The Company previously had a revolving line of credit with another bank (“prior LOC”) providing for demand or short-term borrowings of up to $1,000,000 at an interest rate of the greater of 4.0% or LIBOR +3.5%. The prior LOC originally was due to expire on July 31, 2021 May 3, 2021. On April 16, 2021, two December 30, 2021, To provide additional net working capital support, the Company borrowed $150,000 from the sellers of Tellenger for a period of 90 April 7, 2021, July 2021.

Note 9 - Private Offerings of C

Note 9 - Private Offerings of Common Stock	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	Note 9. Private Offerings of Common Stock In March 2021, On August 26, 2021, one one one August 31, 2026. On December 10, 2021, January 1, 2023 December 31, 2026. not January 1, 2024, 10 The total offering costs associated with the sales of unregistered shares of common stock in 2021 not

Note 10 - Income Taxes

Note 10 - Income Taxes	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 10. During the three March 31, 2022, three March 31, 2022 three March 31, 2021, March 31, 2021,

Note 11 - (Loss) Income Per Sha

Note 11 - (Loss) Income Per Share	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 11. Basic loss per share excludes dilution and is computed by dividing loss available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, except for periods when the Company reports a net loss because the inclusion of such items would be antidilutive. The antidilutive effect of 778,196 shares from stock options and 530,435 shares from warrants were excluded from diluted shares for the three March 31, 2022. three March 31, 2021. The following is a reconciliation of the amounts used in calculating basic and diluted net (loss) income per common share: 2022 2021 Net (loss) income $ (2,078,307 ) $ 270,815 Basic weighted average shares outstanding 17,294,808 11,282,671 Dilutive effect of warrants and/or options - 1,003,545 Diluted weighted average shares outstanding 17,294,808 12,286,216 Basic (loss)/earnings per share $ (0.12 ) $ 0.02 Diluted (loss)/earnings per share $ (0.12 ) $ 0.02

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Organization and Business [Policy Text Block]	Organization and Business WaveDancer, Inc. (“WaveDancer”), formerly known as Information Analysis Incorporated (“IAI”), is engaged in providing professional services to U.S. government agencies to modernize information technology services, in selling and supporting third December, 2021 third one
Basis of Accounting, Policy [Policy Text Block]	Unaudited Interim Condensed Consolidated Financial Statements The accompanying unaudited condensed consolidated financial statements (“financial statements”) have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10 8 03 X. not December 31, 2021 10 April 12, 2022 ( December 31, 2021, not The condensed consolidated financial statements as of March 31, 2022 three March 31, 2022 There have been no March 31, 2022, 1,
Use of Estimates, Policy [Policy Text Block]	Use of Estimates Preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates due to uncertainties, including the effects of COVID- 19.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassification Beginning with the three March 31, 2022, three March 31, 2021
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not, March 31, 2022, December 31, 2021, no no
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk During the three March 31, 2022, five three one During the three March 31, 2021, five one one The Company sold third three March 31, 2022 2021, As of March 31, 2022, one As of March 31, 2021, two one one
COVID-19 [Policy Text Block]	COVID- 19 While we have not March 31, 2022, 19

Note 2 - Revenue Recognition (T

Note 2 - Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended March 31, 2022 2021 Contract Type Amount Percentage Amount Percentage Services time & materials $ 1,912,996 64.0 % $ 1,966,129 57.5 % Services fixed price over time 51,154 1.7 % 16,800 0.5 % Services combination 9,000 0.3 % 409,870 12.0 % Services fixed price per unit 93,540 3.1 % 46,460 1.4 % Third-party software 863,038 28.7 % 920,695 26.9 % Software support & maintenance 49,169 1.6 % 16,939 0.5 % Incentive payments 16,615 0.6 % 42,687 1.2 % Total revenue $ 2,995,512 100.0 % $ 3,419,580 100.0 %
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, December 31, Billed federal government $ 1,625,138 $ 1,594,473 Unbilled receivables 46,934 70,389 Accounts receivable $ 1,672,072 $ 1,664,862
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Balance as of December 31, 2020 $ 210,688 Contract assets added 131,943 Balance as of March 31, 2021 $ 342,631 Balance as of December 31, 2021 $ 186,835 Contract liabilities added 19,280 Revenue recognized (56,423 ) Balance as of March 31, 2022 $ 149,692 Balance as of December 31, 2020 $ 946,884 Contract liabilities added 93,934 Revenue recognized (585,322 ) Balance as of March 31, 2021 $ 455,496
Deferred Costs of Revenue [Table Text Block]	Balance as of December 31, 2021 $ 154,218 Deferred costs added 2,800 Deferred costs expensed (55,362 ) Balance as of March 31, 2022 $ 101,656 Balance as of December 31, 2020 $ 89,068 Deferred costs added 17,406 Deferred costs expensed (75,223 ) Balance as of March 31, 2021 $ 31,251

Note 3 - Leases (Tables)

Note 3 - Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Remainder of 2022 $ 168,042 2023 228,862 2024 174,721 2025 74,804 2026 70,220 Total lease payments 716,649 Less: discount (64,016 ) Present value of lease liabilities $ 652,633

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	March 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 151,231 $ - $ - $ 151,231 Other liabilities: Fair value of contingent consideration $ - $ - $ 942,609 $ 942,609 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,600,663 $ - $ - $ 1,660,663 Other liabilities: Fair value of contingent consideration $ - $ - $ 930,000 $ 930,000 Fair value of contingent consideration: December 31, 2021 $ 930,000 Change in fair value 12,609 March 31, 2022 $ 942,609

Note 5 - Acquisitions (Tables)

Note 5 - Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Useful Amounts Valuation Methodology Cash $ 81,473 Accounts receivable 611,471 Other current assets 6,338 Intangible assets with estimated useful lives: Customer relationships 8 1,090,000 Replacement cost and relief from royalty Non-compete agreements 3 120,000 Multi-period excess earnings Intangible assets with indefinite lives: Trade names 280,000 Goodwill 785,000 Total assets acquired 2,974,282 Current liabilities (458,925 ) Net assets acquired $ 2,515,357 Useful Amounts Valuation Methodology Cash $ 20,235 Fixed assets 8,902 Intangible assets with estimated useful lives: Technology 5 2,900,000 Replacement cost and relief from royalty Customer relationships 6 3,860,000 Multi-period excess earnings Goodwill 4,560,099 Total assets acquired 11,349,236 Current liabilities (344,136 ) Net assets acquired $ 11,005,100
Business Acquisition, Pro Forma Information [Table Text Block]	For the three months ended March 31, 2022 2021 Revenues $ 2,995,512 $ 4,577,405 Net (loss) income $ (2,078,307 ) $ (577,394 )
Gray Matters [Member]
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Net cash consideration $ 7,240,100 Buyer common stock 1,500,000 Fair value of deferred consideration 1,335,000 Fair value of contingent consideration 930,000 Total $ 11,005,100

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	Weighted Average Useful Life (Years) December 31, 2021 Additions March 31, 2022 Intangible assets with estimated useful lives Technology 5.0 $ 2,900,000 $ - $ 2,900,000 Customer relationships 6.4 4,950,000 - 4,950,000 Non-compete agreements 3.0 120,000 - 120,000 Accumulated amortization (201,032 ) (349,893 ) (550,925 ) Sub-total 7,768,968 (349,893 ) 7,419,075 Intangible assets with indefinite lives Trade names Indefinite 280,000 - 280,000 Net identifiable intangible assets $ 8,048,968 $ (349,893 ) $ 7,699,075 Goodwill Indefinite $ 7,585,269 $ - $ 7,585,269
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]	Remainder of 2022 $ 1,049,679 2023 1,399,572 2024 1,369,635 2025 1,359,576 2026 1,326,854 Thereafter 913,759 Total $ 7,419,075

Note 7 - Stock-based Compensa_2

Note 7 - Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three months ended March 31, 2022 2021 Risk-free interest rate 1.91% - 2.41% 0.46% - 0.92% Dividend yield 0% 0% Expected term (years) 5.75 - 6.00 5.00 Expected volatility 45.8% - 46.1% 92.6% - 93.8%

Note 11 - (Loss) Income Per S_2

Note 11 - (Loss) Income Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2022 2021 Net (loss) income $ (2,078,307 ) $ 270,815 Basic weighted average shares outstanding 17,294,808 11,282,671 Dilutive effect of warrants and/or options - 1,003,545 Diluted weighted average shares outstanding 17,294,808 12,286,216 Basic (loss)/earnings per share $ (0.12 ) $ 0.02 Diluted (loss)/earnings per share $ (0.12 ) $ 0.02

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Number of Operating Segments	1
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Prime Contracts with U.S. Government Agencies [Member]
Concentration Risk, Percentage	34.30%	41.10%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements [Member]
Concentration Risk, Percentage	65.10%	57.60%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Commercial Contracts [Member]
Concentration Risk, Percentage	0.60%	1.30%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Prime Contracts with U.S. Government Agencies, Contract One [Member]
Concentration Risk, Percentage	27.90%	23.60%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract One [Member]
Concentration Risk, Percentage	26.90%	39.80%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract Two [Member]
Concentration Risk, Percentage	16.00%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract Three [Member]
Concentration Risk, Percentage	11.00%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Multiple Subcontracts [Member]
Concentration Risk, Percentage	37.90%	49.40%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Prime Contracts with U.S. Government Agencies, Contract Two [Member]
Concentration Risk, Percentage		10.60%
Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Number of Major Suppliers	1
Supplier Concentration Risk [Member] | Revenue Benchmark [Member] | One Supplier [Member]
Concentration Risk, Percentage	30.50%	27.40%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements [Member]
Number of Major Customers	3
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements, Contract One [Member]
Concentration Risk, Percentage	48.20%	72.40%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements, Contract Two [Member]
Concentration Risk, Percentage	19.70%	19.30%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements, Contract Three [Member]
Concentration Risk, Percentage	10.30%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Prime Contracts with U.S. Government Agencies [Member]
Number of Major Customers	1	1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Multiple Subcontracts [Member]
Concentration Risk, Percentage	67.90%	91.70%

Note 2 - Revenue Recognition (D

Note 2 - Revenue Recognition (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0
Contract with Customer, Asset, Contract Assets Added	0	$ 131,943
Contract with Customer, Liability, Revenue Recognized	56,423	$ 492,494
Capitalized Contract Cost, Net, Total	$ 0

Note 2 - Revenue Recognition -

Note 2 - Revenue Recognition - Disaggregation of Revenue From Contracts with Customers (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue, Amount	$ 2,995,512	$ 3,419,580
Services Time and Materials [Member]
Revenue, Amount	$ 1,912,996	$ 1,966,129
Services Time and Materials [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	64.00%	57.50%
Services Fixed Price Over Time [Member]
Revenue, Amount	$ 51,154	$ 16,800
Services Fixed Price Over Time [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.70%	0.50%
Services Combination [Member]
Revenue, Amount	$ 9,000	$ 409,870
Services Combination [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	0.30%	12.00%
Services Fixed Price per Unit [Member]
Revenue, Amount	$ 93,540	$ 46,460
Services Fixed Price per Unit [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	3.10%	1.40%
Third-Party Software [Member]
Revenue, Amount	$ 863,038	$ 920,695
Third-Party Software [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	28.70%	26.90%
Software Support and Maintenance [Member]
Revenue, Amount	$ 49,169	$ 16,939
Software Support and Maintenance [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.60%	0.50%
Incentive Payments [Member]
Revenue, Amount	$ 16,615	$ 42,687
Incentive Payments [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	0.60%	1.20%
All Products and Service [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	100.00%	100.00%

Note 2 - Revenue from Contracts

Note 2 - Revenue from Contracts with Customers - Accounts Receivable (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Accounts receivable	$ 1,672,072	$ 1,664,862
Billed Revenues [Member] | Government Sector [Member]
Accounts receivable	1,625,138	1,594,473
Unbilled Revenues [Member]
Accounts receivable	$ 46,934	$ 70,389

Note 2 - Revenue Recognition _2

Note 2 - Revenue Recognition - Changes in Contract Assets and Liabilities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Contract assets, balance		$ 210,688
Contract assets added	$ 0	131,943
Contract assets, balance		342,631
Contract liabilities, balance	186,835	946,884
Contract liabilities added	19,280	93,934
Revenue recognized	(56,423)	(585,322)
Contract liabilities, balance	$ 149,692	$ 455,496

Note 2 - Revenue Recognition _3

Note 2 - Revenue Recognition - Deferred Costs of Revenue Balances Included in Prepaid Expenses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Balance, deferred costs of revenue	$ 154,218	$ 89,068
Deferred costs added	2,800	17,406
Deferred costs expensed	(55,362)	(75,223)
Balance, deferred costs of revenue	$ 101,656	$ 31,251

Note 3 - Leases (Details Textua

Note 3 - Leases (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Lessee, Operating Lease, Term of Contract (Month)	42 years
Lessee, Operating Lease, Rent Escalations, Percentage	2.50%
Operating Lease, Weighted Average Discount Rate, Percent	4.50%
Operating Lease, Expense	$ 56,414	$ 26,122
Minimum [Member]
Lessee, Operating Lease, Term of Contract (Month)	37 months
Maximum [Member]
Lessee, Operating Lease, Term of Contract (Month)	67 months

Note 3 - Leases - Operating Lea

Note 3 - Leases - Operating Lease Maturities (Details)	Mar. 31, 2022USD ($)
Remainder of 2022	$ 168,042
2023	228,862
2024	174,721
2025	74,804
2026	70,220
Total lease payments	716,649
Less: discount	(64,016)
Present value of lease liabilities	$ 652,633

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss)	$ 0

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Financial Assets Measured at Fair Value on Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Money market funds	$ 151,231	$ 1,600,663
Fair Value, Inputs, Level 3 [Member]
Fair value of contingent consideration	942,609	930,000
December 31, 2021	942,609	930,000
Change in fair value	12,609
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Money market funds	$ 151,231	$ 1,660,663

Note 5 - Acquisitions (Details

Note 5 - Acquisitions (Details Textual) - USD ($)	Dec. 10, 2021	Apr. 07, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Interest Expense, Total			$ 19,319	$ 1,459
Tellenger, Inc. [Member]
Business Combination, Consideration Transferred, Total		$ 2,515,357
Payments to Acquire Businesses, Gross		$ 2,315,357
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)		68,264
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable		$ 200,000
Gray Matters [Member]
Business Combination, Consideration Transferred, Total	$ 11,005,100
Payments to Acquire Businesses, Gross	$ 7,240,100
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)	436,481
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 1,500,000
Business Combination, Consideration Transferred, Liabilities Incurred			2,296,928		$ 2,265,000
Business Combination, Deferred Cash Payment After Closing Date	1,500,000
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Net Working Capital			58,681		$ 58,681
Business Acquisition, Intangibles, Expected Tax Deductible Amount	0
Gray Matters [Member] | Deferred Consideration of Cash Payment [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 1,335,000
Business Combination, Contingent Consideration, Discount Rate	6.00%
Interest Expense, Total			19,319
Gray Matters [Member] | Contingent Consideration by Performance Metrics [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 930,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Minimum	0
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Maximum	4,000,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low	500,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	1,500,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Most Likely Amount	$ 1,000,000		$ 1,000,000

Note 5 - Acquisitions - Assets

Note 5 - Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($)	Dec. 10, 2021	Apr. 07, 2021	Mar. 31, 2022	Dec. 31, 2021
Goodwill			$ 7,585,269	$ 7,585,269
Technology-Based Intangible Assets [Member]
Useful Life (Year)			5 years
Customer Relationships [Member]
Useful Life (Year)			6 years 4 months 24 days
Noncompete Agreements [Member]
Useful Life (Year)			3 years
Tellenger, Inc. [Member]
Cash		$ 81,473
Accounts receivable		611,471
Other current assets		6,338
Goodwill		785,000
Total assets acquired		2,974,282
Current liabilities		(458,925)
Net assets acquired		2,515,357
Tellenger, Inc. [Member] | Trade Names [Member]
Trade names		$ 280,000
Tellenger, Inc. [Member] | Customer Relationships [Member]
Useful Life (Year)		8 years
Finite-Lived Intangibles		$ 1,090,000
Tellenger, Inc. [Member] | Noncompete Agreements [Member]
Useful Life (Year)		3 years
Finite-Lived Intangibles		$ 120,000
Gray Matters [Member]
Cash	$ 20,235
Goodwill	4,560,099
Total assets acquired	11,349,236
Current liabilities	(344,136)
Net assets acquired	11,005,100
Fixed assets	$ 8,902
Gray Matters [Member] | Technology-Based Intangible Assets [Member]
Useful Life (Year)	5 years
Finite-Lived Intangibles	$ 2,900,000
Gray Matters [Member] | Customer Relationships [Member]
Useful Life (Year)	6 years
Finite-Lived Intangibles	$ 3,860,000

Note 5 - Acquisitions - Purchas

Note 5 - Acquisitions - Purchase Price Allocation (Details) - Gray Matters [Member] - USD ($)	Dec. 10, 2021	Mar. 31, 2022	Dec. 31, 2021
Net cash consideration	$ 7,240,100
Buyer common stock	1,500,000
Fair value of deferred consideration		$ 2,296,928	$ 2,265,000
Total	11,005,100
Deferred Consideration of Cash Payment [Member]
Fair value of deferred consideration	1,335,000
Contingent Consideration by Performance Metrics [Member]
Fair value of deferred consideration	$ 930,000

Note 5 - Acquisitions - Unaudit

Note 5 - Acquisitions - Unaudited Pro Forma Information (Details) - Gray Matters [Member] - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues	$ 2,995,512	$ 4,577,405
Net (loss) income	$ (2,078,307)	$ (577,394)

Note 6 - Goodwill and Intangi_3

Note 6 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2020
Impairment of Intangible Assets, Finite-Lived	$ 0
Intangible Assets, Net (Including Goodwill), Total		$ 0	$ 0

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Schedule of Intangible Assets and Goodwill (Details)	3 Months Ended
	Mar. 31, 2022USD ($)
Intangible assets with estimated useful lives	$ 7,768,968
Intangible assets with estimated useful lives	7,419,075
Accumulated amortization	(201,032)
Accumulated amortization	(349,893)
Accumulated amortization	(550,925)
Net identifiable intangible assets	8,048,968
Net identifiable intangible assets	7,699,075
Goodwill	7,585,269
Goodwill	7,585,269
Trade Names [Member]
Intangible assets with indefinite lives	$ 280,000
Technology-Based Intangible Assets [Member]
Useful Life (Year)	5 years
Intangible assets with estimated useful lives	$ 2,900,000
Intangible assets with estimated useful lives	$ 2,900,000
Customer Relationships [Member]
Useful Life (Year)	6 years 4 months 24 days
Intangible assets with estimated useful lives	$ 4,950,000
Intangible assets with estimated useful lives	$ 4,950,000
Noncompete Agreements [Member]
Useful Life (Year)	3 years
Intangible assets with estimated useful lives	$ 120,000
Intangible assets with estimated useful lives	$ 120,000

Note 6 - Goodwill and Intangi_5

Note 6 - Goodwill and Intangible Assets - Amortization Expense (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Remainder of 2022	$ 1,049,679
2023	1,399,572
2024	1,369,635
2025	1,359,576
2026	1,326,854
Thereafter	913,759
Total	$ 7,419,075	$ 7,768,968

Note 7 - Stock-based Compensa_3

Note 7 - Stock-based Compensation (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares (in shares)	912,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 2,074,670	$ 176,900
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		145,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)	105,000	0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 2,966,854
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Month)	11 months
Share-Based Payment Arrangement, Expense	$ 312,176	$ 27,711

Note 7 - Stock-based Compensa_4

Note 7 - Stock-based Compensation - Assumptions (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Dividend yield	0.00%	0.00%
Expected term (Year)		5 years
Minimum [Member]
Risk-free interest rate	1.91%	0.46%
Expected term (Year)	5 years 9 months
Expected volatility	45.80%	92.60%
Maximum [Member]
Risk-free interest rate	2.41%	0.92%
Expected term (Year)	6 years
Expected volatility	46.10%	93.80%

Note 8 - Revolving Lines of C_2

Note 8 - Revolving Lines of Credit (Details Textual) - USD ($)	Apr. 16, 2021	Dec. 20, 2005	Mar. 31, 2022	Dec. 31, 2021	Apr. 07, 2021
Summit Community Bank [Member] | Term Loan [Member]
Debt Instrument, Face Amount	$ 1,000,000
Debt Instrument, Term (Year)	2 years
Debt Instrument, Interest Rate, Stated Percentage	4.89%
Short-Term Debt, Total					$ 150,000
Revolving Credit Facility [Member] | Summit Community Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,000,000
Debt Instrument, Interest Rate, Effective Percentage	3.25%
Long-Term Line of Credit, Total			$ 0	$ 0
Revolving Credit Facility [Member] | TD Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,000,000
Revolving Credit Facility [Member] | TD Bank [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		3.50%
Revolving Credit Facility [Member] | TD Bank [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		4.00%

Note 9 - Private Offerings of_2

Note 9 - Private Offerings of Common Stock (Details Textual) - Private Placement [Member] - USD ($)	Dec. 10, 2021	Aug. 26, 2021	Mar. 31, 2021
Stock Issued During Period, Shares, New Issues (in shares)			330,666
Sale of Stock, Price Per Share (in dollars per share)			$ 1.50
Proceeds from Issuance of Private Placement	$ 10,000,000	$ 2,800,000	$ 495,999
Sale of Stock, Number of Units Issued (in shares)	3,289,526	1,400,000
Sale of Stock, Price per Unit (in dollars per share)	$ 3.04	$ 2
Sale of Stock, Number of Common Stock in Each Unit (in shares)		1
Sale of Stock, Number of Warrants in Each Unit (in shares)		1
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 4.50	$ 3
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	657,933	1,400,000
Class of Warrant or Right, Minimum Weighted Average Price Per Share Required for Mandatory Exercise of Warrants (in dollars per share)	$ 12.50

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Effective Income Tax Rate Reconciliation, Percent, Total	25.89%	0.00%

Note 11 - (Loss) Income Per S_3

Note 11 - (Loss) Income Per Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)		0
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	778,196
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	530,435

Note 11 - (Loss) income Per S_4

Note 11 - (Loss) income Per Share - Reconciliation of the Amounts Used in Calculating Basic and Diluted Net Loss Per Common Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net (loss) income	$ (2,078,307)	$ 270,815
Basic weighted average shares outstanding (in shares)	17,294,808	11,282,671
Dilutive effect of warrants and/or options (in shares)	0	1,003,545
Diluted weighted average shares outstanding (in shares)	17,294,808	12,286,216
Basic (loss)/earnings per share (in dollars per share)	$ (0.12)	$ 0.02
Diluted (loss)/earnings per share (in dollars per share)	$ (0.12)	$ 0.02