| Schedule of segment reporting |
| Schedule of segment reporting |
|
|
|
|
|
|
|
|
|
| |
|
For the Year ended December 31, 2025 |
|
| |
|
Perfecular & Lusher |
|
|
Corporate & IoT |
|
|
Total |
|
| Revenue |
|
$ |
26,019 |
|
|
$ |
229,004 |
|
|
$ |
255,023 |
|
| Cost of revenue |
|
|
34,398 |
|
|
|
255,877 |
|
|
|
290,275 |
|
| Gross profit (loss) |
|
|
(8,379 |
) |
|
|
(26,873 |
) |
|
|
(35,252 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling expense |
|
|
1,165 |
|
|
|
59,124 |
|
|
|
60,289 |
|
| Compensation – officers and directors |
|
|
– |
|
|
|
499,852 |
|
|
|
499,852 |
|
| Research and development |
|
|
30,508 |
|
|
|
889,457 |
|
|
|
919,965 |
|
| Professional fees |
|
|
– |
|
|
|
1,302,800 |
|
|
|
1,302,800 |
|
| General and administrative |
|
|
2,566 |
|
|
|
2,072,541 |
|
|
|
2,075,107 |
|
| Total operating expense |
|
|
34,239 |
|
|
|
4,823,774 |
|
|
|
4,858,013 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from operations |
|
|
(42,618 |
) |
|
|
(4,850,647 |
) |
|
|
(4,893,265 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total other income |
|
|
1 |
|
|
|
105,495 |
|
|
|
105,496 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from discontinued operations, net of tax |
|
|
– |
|
|
|
– |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(42,617 |
) |
|
$ |
(4,745,152 |
) |
|
$ |
(4,787,769 |
) |
The following tables summarize the financial
information of each operating segment of the Company for the year ended December 31, 2024:
| |
|
|
|
|
|
|
|
|
|
| |
|
For the Year ended December 31, 2024 |
|
| |
|
Perfecular & Lusher |
|
|
Corporate & IoT |
|
|
Total |
|
| Revenue |
|
$ |
26,052 |
|
|
$ |
372,085 |
|
|
$ |
398,137 |
|
| Cost of revenue |
|
|
39,772 |
|
|
|
348,164 |
|
|
|
387,936 |
|
| Gross profit |
|
|
(13,720 |
) |
|
|
23,921 |
|
|
|
10,201 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling expense |
|
|
24,866 |
|
|
|
75,323 |
|
|
|
100,189 |
|
| Compensation – officers and directors |
|
|
– |
|
|
|
951,845 |
|
|
|
951,845 |
|
| Research and development |
|
|
213,487 |
|
|
|
1,168,450 |
|
|
|
1,381,937 |
|
| Professional fees |
|
|
– |
|
|
|
1,660,590 |
|
|
|
1,660,590 |
|
| General and administrative |
|
|
19,866 |
|
|
|
2,096,025 |
|
|
|
2,115,891 |
|
| Total operating expense |
|
|
258,219 |
|
|
|
5,952,233 |
|
|
|
6,210,452 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from operations |
|
|
(271,939 |
) |
|
|
(5,928,312 |
) |
|
|
(6,200,251 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total other income |
|
|
1,329 |
|
|
|
3,277,047 |
|
|
|
3,278,376 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from discontinued operations, net of tax |
|
|
– |
|
|
|
(278,263 |
) |
|
|
(278,263 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(270,610 |
) |
|
$ |
(2,929,528 |
) |
|
$ |
(3,200,138 |
) |
|