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 )