Quarterly report pursuant to Section 13 or 15(d)

Segment reporting (Tables)

v3.22.2
Segment reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting
                       
    Six Months Ended June 30, 2022  
    Corporate     Perfecular     AVX     Total  
                         
Revenue   $ –     $ 47,650     $ 140,339     $ 187,989  
Revenue - related party     –       31,542       2,278       33,820  
Total revenue     –       79,192       142,617       221,809  
                                 
Cost and Operating Expenses                                
Cost of Revenue, excluding depreciation & amortization     –       60,702       139,861       200,563  
Selling expense     –       48,085       7,802       55,887  
Compensation - officers and directors     110,040       –       –       110,040  
Research and development     729,105       –       –       729,105  
Professional fees     522,546       –       12,661       535,207  
General and administrative     446,576       1,141,522       132,118       1,720,216  
Total Cost and Operating Expenses     1,808,267       1,250,309       292,442       3,351,018  
                                 
Loss from Operations     (1,808,267 )     (1,171,117 )     (149,825 )     (3,129,209 )
                                 
Other Income (Expense):                                
Interest income (expense), net     490       (288 )     48       250  
Unrealized loss on marketable equity securities     (74,626 )     –       –       (74,626 )
Realized gain on marketable equity securities     10,281       –       –       10,281  
Other income (expense), net     105,560       160,117       (3,600 )     263,077  
Total other income (expense)     42,705       159,829       (3,552 )     198,982  
                                 
Loss before income taxes     (1,765,562 )     (1,011,288 )     (153,377 )     (2,930,227 )
                                 
Tax expense     –       –       –       –  
                                 
Net Loss   $ (1,765,562 )   $ (1,011,288 )   $ (153,377 )   $ (2,930,227 )