NOTE 10. SEGMENT INFORMATION During the three - and nine -month periods ended September 30, 2020, the Company operated through four business segments with separate management and reporting infrastructures that offer different products and services. The four business segments are as follows: Asset Management Operations, Real Estate Operations, Internet Operations, and Other Operations. During periods prior to the quarter ended June 30, 2019, the Company also operated through a fifth reportable segment, Home Services Operations. However, as of the quarter ended September 30, 2020, and for all prior periods presented, Home Services Operations are reported as discontinued operations. As mentioned in Note 3, on May 24, 2019, the Company completed a divestiture of its Home Services Operations, via its subsidiary, Specialty Contracting Group, LLC, to an unaffiliated third -party purchaser, Rooter Hero Plumbing, Inc. (Rooter Hero). The current and comparative results of the home services segment have been reported as discontinued on the accompanying unaudited condensed consolidated financial statements for the quarterly period ended September 30, 2020. As mentioned in Note 4, on June 27, 2019, the Company sold 65% of its membership interest in Mt Melrose, LLC to an unaffiliated third -party purchaser, Woodmont Lexington, LLC. Management determined that as of June 27, 2019, the Company no longer has a controlling financial interest in Mt Melrose; therefore, the Company no longer consolidates Mt Melrose. All activity prior to the deconsolidation event has been included on our consolidated statements of operations for given prior reporting periods under the real estate segment. As of June 27, 2019, all previously consolidated assets and liabilities of Mt Melrose, LLC have been removed from our consolidated balance sheets. The asset management operations segment includes revenues and expenses derived from various joint ventures, service offerings, and initiatives undertaken in the asset management industry. The real estate operations segment includes revenue and expenses related to the management of properties held for investment and held for resale through Mt Melrose (prior to the sale of 65% of our equity in Mt Melrose on June 27, 2019) located in Lexington, Kentucky, and revenue and expenses related to the management of legacy properties held for investment and held for resale through EDI Real Estate located in Roanoke, Virginia. The internet operations segment includes revenue and expenses related to our sale of internet access, hosting, storage, and other ancillary services. The home services operations segment includes discontinued revenue and expenses derived from our former operation of HVAC and plumbing companies in Arizona. The other operations segment includes revenue and expenses from nonrecurring or one -time strategic funding or similar activity and any revenue or expenses derived from corporate office operations, as well as expenses related to public company reporting, the oversight of subsidiaries, and other items that affect the overall Company. The internet operations segment includes revenue generated by operations in both the United States and Canada. During the quarterly period ended September 30, 2020, the internet operations segment generated revenue of $230,714 in the United States and revenue of $11,523 in Canada. This compares to the quarterly period ended September 30, 2019, when the internet operations segment generated revenue of $251,809 in the United States and revenue of $13,362 in Canada. During the nine -month period ended September 30, 2020, the internet operations segment generated revenue of $703,335 in the United States and revenue of $37,676 in Canada. This compares to the nine -month period ended September 30, 2019, when the internet operations segment generated revenue of $764,327 in the United States and revenue of $41,663 in Canada. All assets reported under the internet operations segment for the periods ended September 30, 2020 and December 31, 2019, are located within the United States. Summarized financial information concerning the Company's reportable segments is shown in the following tables for the three - and nine -month periods ended September 30, 2020 and 2019. Three Months Ended September 30, 2020 Asset Management Real Estate Internet Other Discontinued Operations - Home Services Consolidated Revenues $ 1,607,150 $ 16,129 $ 242,237 $  $  $ 1,865,516 Cost of revenue  12,157 85,412   97,569 Operating expenses 120,368 5,940 49,239 165,165  340,712 Other income (expense)  (5,456 ) 777 6,540  1,861 Income (loss) from continuing operations 1,486,782 (7,424 ) 108,363 (158,625 )  1,429,096 Income (loss) from discontinued operations     1,857 1,857 Goodwill   212,445   212,445 Identifiable assets $ 11,170,904 $ 452,357 $ 470,667 $ 331,834 $ 261 $ 12,426,023 Nine Months Ended September 30, 2020 Asset Management Real Estate Internet Other Discontinued Operations - Home Services Consolidated Revenues $ 1,130,815 $ 219,772 $ 741,011 $  $  $ 2,091,598 Cost of revenue  151,480 251,829   403,309 Operating expenses 323,351 23,651 143,521 658,989  1,149,512 Other income (expense) 2,283 (13,454 ) 3,900 13,982  6,711 Income (loss) from continuing operations 809,747 31,187 349,561 (645,007 )  545,488 Income (loss) from discontinued operations     15,762 15,762 Goodwill   212,445   212,445 Identifiable assets $ 11,170,904 $ 452,357 $ 470,667 $ 331,834 $ 261 $ 12,426,023 Three Months Ended September 30, 2019 Asset Management Real Estate Internet Other Discontinued Operations - Home Services Consolidated Revenues $ (159,085 ) $ 19,359 $ 265,171 $  $  $ 125,445 Cost of revenue  30,753 83,517   114,270 Operating expenses 81,906 11,827 43,168 141,270  278,171 Other income (expense) 4,983 (13,709 ) 384 20,249  11,907 Income (loss) from continuing operations (236,008 ) (36,930 ) 138,870 (121,021 )  (255,089 ) Income (loss) from discontinued operations     (31,151 ) (31,151 ) Goodwill   212,445   212,445 Identifiable assets $ 9,571,808 $ 638,298 $ 392,131 $ 1,107,117 $ 135,589 $ 11,844,943 Nine Months Ended September 30, 2019 Asset Management Real Estate Internet Other Discontinued Operations - Home Services Consolidated Revenues $ 1,127,075 $ 420,464 $ 805,990 $ 212,631 $  $ 2,566,160 Cost of revenue  358,126 254,373   612,499 Operating expenses 309,896 327,671 165,457 641,483  1,444,507 Other income (expense) 19,074 (4,652,120 ) 4,317 16,682  (4,612,047 ) Income (loss) from continuing operations 836,253 (4,917,453 ) 390,477 (412,170 )  (4,102,893 ) Income (loss) from discontinued operations     (1,441,156 ) (1,441,156 ) Goodwill   212,445   212,445 Identifiable assets $ 9,571,808 $ 638,298 $ 392,131 $ 1,107,117 $ 135,589 $ 11,844,943