| Segment information table |
The table below discloses income statement
information by segment.
| |
|
Nine months ended September 30, 2020 |
|
| |
|
Focus |
|
|
AVX |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
667,443 |
|
|
$ |
600,450 |
|
|
$ |
1,267,893 |
|
| Revenue - related party |
|
|
21,267 |
|
|
|
– |
|
|
|
21,267 |
|
| Total revenue |
|
|
688,710 |
|
|
|
600,450 |
|
|
|
1,289,160 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of Revenue |
|
|
492,533 |
|
|
|
543,067 |
|
|
|
1,035,600 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Gross Profit |
|
|
196,177 |
|
|
|
57,383 |
|
|
|
253,560 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling |
|
|
8,936 |
|
|
|
8,760 |
|
|
|
17,696 |
|
| Compensation - officers |
|
|
102,000 |
|
|
|
– |
|
|
|
102,000 |
|
| Research and development |
|
|
194,232 |
|
|
|
– |
|
|
|
194,232 |
|
| Professional fees |
|
|
1,066,525 |
|
|
|
4,844 |
|
|
|
1,071,369 |
|
| General and administrative |
|
|
729,186 |
|
|
|
244,939 |
|
|
|
974,125 |
|
| Total Operating Expenses |
|
|
2,100,879 |
|
|
|
258,543 |
|
|
|
2,359,422 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from Operations |
|
|
(1,904,702 |
) |
|
|
(201,160 |
) |
|
|
(2,105,862 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Income (Expense): |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest income (expense), net |
|
|
(994 |
) |
|
|
(849 |
) |
|
|
(1,843 |
) |
| Interest (expense) – related party |
|
|
(81 |
) |
|
|
– |
|
|
|
(81 |
) |
| Other income |
|
|
113,706 |
|
|
|
5,747 |
|
|
|
119,453 |
|
| Total other income (expense) |
|
|
112,631 |
|
|
|
4,898 |
|
|
|
117,729 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss before income taxes |
|
|
(1,792,071 |
) |
|
|
(196,262 |
) |
|
|
(1,988,333 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Tax expense |
|
|
– |
|
|
|
– |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Loss |
|
$ |
(1,792,071 |
) |
|
$ |
(196,262 |
) |
|
$ |
(1,988,333 |
) |
|