| Segment information table |
| |
|
Year ended December 31, 2020 |
|
| |
|
Focus |
|
|
AVX |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
946,641 |
|
|
$ |
705,877 |
|
|
$ |
1,652,518 |
|
| Revenue - related party |
|
|
26,449 |
|
|
|
– |
|
|
|
26,449 |
|
| Total revenue |
|
|
973,090 |
|
|
|
705,877 |
|
|
|
1,678,967 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of Revenue |
|
|
728,597 |
|
|
|
666,590 |
|
|
|
1,395,187 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Gross Profit |
|
|
244,493 |
|
|
|
39,287 |
|
|
|
283,780 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling |
|
|
13,650 |
|
|
|
8,940 |
|
|
|
22,590 |
|
| Compensation - officers |
|
|
142,100 |
|
|
|
– |
|
|
|
142,100 |
|
| Research and development |
|
|
256,636 |
|
|
|
– |
|
|
|
256,636 |
|
| Professional fees |
|
|
1,291,729 |
|
|
|
5,431 |
|
|
|
1,297,160 |
|
| General and administrative |
|
|
959,426 |
|
|
|
309,781 |
|
|
|
1,269,207 |
|
| Total Operating Expenses |
|
|
2,663,541 |
|
|
|
324,152 |
|
|
|
2,987,693 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from Operations |
|
|
(2,419,048 |
) |
|
|
(284,865 |
) |
|
|
(2,703,913 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Income (Expense): |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest income (expense), net |
|
|
(2,073 |
) |
|
|
(1,999 |
) |
|
|
(4,072 |
) |
| Interest (expense) – related party |
|
|
(81 |
) |
|
|
– |
|
|
|
(81 |
) |
| Other income |
|
|
154,194 |
|
|
|
16,759 |
|
|
|
170,953 |
|
| Total other income (expense) |
|
|
152,040 |
|
|
|
14,760 |
|
|
|
166,800 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss before income taxes |
|
|
(2,267,008 |
) |
|
|
(270,105 |
) |
|
|
(2,537,113 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Tax expense |
|
|
– |
|
|
|
– |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Loss |
|
$ |
(2,267,008 |
) |
|
$ |
(270,105 |
) |
|
$ |
(2,537,113 |
) |
|