Quarterly report pursuant to Section 13 or 15(d)

15. Segment reporting (Tables)

v3.20.2
15. Segment reporting (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment information table

The table below discloses income statement information by segment.

 

  

    Six months ended June 30, 2020  
    Focus     AVX     Total  
                   
Revenue   $ 322,913     $ 400,977     $ 723,890  
Revenue - related party     21,267             21,267  
Total revenue     344,180       400,977       745,157  
                         
Cost of Revenue     239,381       411,848       651,229  
                         
Gross Profit     104,799       (10,871 )     93,928  
                         
Operation Expenses:                        
Selling     8,436       8,583       17,019  
Compensation - officers     68,000             68,000  
Research and development     132,193             132,193  
Professional fees     823,378       4,192       827,570  
General and administrative     495,773       183,557       679,330  
Total Operating Expenses     1,527,780       196,332       1,724,112  
                         
Loss from Operations     (1,422,981 )     (207,203 )     (1,630,184 )
                         
Other Income (Expense)                        
Interest income (expense), net     57       (22 )     35  
Interest (expense) – related party     (81 )           (81 )
Other income     74,521       5,736       80,257  
Total other income (expense)     74,497       5,714       80,211  
                         
Loss before income taxes     (1,348,484 )     (201,489 )     (1,549,973 )
                         
Tax expense                  
                         
Net Loss   $ (1,348,484 )   $ (201,489 )   $ (1,549,973 )