Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment reporting
                       
    For the Three Months ended September 30, 2026  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ –     $ 13,300     $ 789,128     $ 802,428  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       400,655       400,655  
Cost of other revenue     –       57,869       –       57,869  
Depreciation and amortization     7,083       6,827       221,928       235,838  
Selling expense     –       2,199       –       2,199  
Compensation – officers and directors     –       117,642       –       117,642  
Research and development     249,532       234,653       –       484,185  
Professional fees     –       303,761       –       303,761  
General and administrative     45       353,537       2,581       356,163  
Total cost and operating expense     256,660       1,076,488       625,164       1,958,312  
                                 
Income (loss) from operations     (256,660 )     (1,063,188 )     163,964       (1,155,884 )
                                 
Total other income (expense)     –       (605 )     (232,936 )     (233,541 )
                                 
Net loss   $ (256,660 )   $ (1,063,793 )   $ (68,972 )   $ (1,389,425 )

                                 
    For the Three Months ended September 30, 2025
    Perfecular & Lusher   Corporate &
IoT		   Lusher Holding LLC   Total
Revenue   $ –     $ 28,689     $ –     $ 28,689  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       –       –  
Cost of other revenue     –       30,301       –       30,301  
Depreciation and amortization     –       –       –       –  
Selling expense     –       2,374       –       2,374  
Compensation – officers and directors     –       124,981       –       124,981  
Research and development     170,045       118,033       –       288,078  
Professional fees     –       321,917       –       321,917  
General and administrative     12       441,402       –       441,414  
Total cost and operating expense     170,057       1,039,008       –       1,209,065  
                                 
Loss from operations     (170,057 )     (1,010,319 )     –       (1,180,376 )
                                 
Total other income     –       14,001       –       14,001  
                                 
Net loss   $ (170,057 )   $ (996,318 )   $ –     $ (1,166,375 )

 

The following tables summarize the financial information of each operating segment of the Company for the nine months ended September 30, 2026:

                         
    For the Nine Months ended September 30, 2026  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ –     $ 84,493     $ 1,441,078     $ 1,525,571  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       660,318       660,318  
Cost of other revenue     –       107,825       –       107,825  
Depreciation and amortization     14,166       22,550       406,868       443,584  
Selling expense     –       35,738       –       35,738  
Compensation – officers and directors     –       352,831       –       352,831  
Research and development     532,756       578,391       –       1,111,147  
Professional fees     –       1,440,110       –       1,440,110  
General and administrative     935       1,337,154       13,099       1,351,188  
Total cost and operating expense     547,857       3,874,599       1,080,285       5,502,741  
                                 
Income (loss) from operations     (547,857 )     (3,790,106 )     360,793       (3,977,170 )
                                 
Total other income (expense)     –       141,726       (319,017 )     (177,291 )
                                 
Net income (loss)   $ (547,857 )   $ (3,648,380 )   $ 41,776     $ (4,154,461 )

 

The following tables summarize the financial information of each operating segment of the Company for the nine months ended September 30, 2025:

                                 
    For the Nine Months ended September 30, 2025
    Perfecular & Lusher   Corporate &
IoT		   Lusher Holding LLC   Total
Revenue   $ 26,019     $ 228,255     $ –     $ 254,274  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       –       –  
Cost of other revenue     21,835       215,919       –       237,754  
Depreciation and amortization     –       –       –       –  
Selling expense     1,165       57,609       –       58,774  
Compensation – officers and directors     –       375,725       –       375,725  
Research and development     441,507       686,126       –       1,127,633  
Professional fees     –       1,224,063       –       1,224,063  
General and administrative     2,524       1,222,464       –       1,224,988  
Total cost and operating expense     467,031       3,781,906       –       4,248,937  
                                 
Loss from operations     (441,012 )     (3,553,651 )     –       (3,994,663 )
                                 
Total other income     1       71,261       –       71,262  
                                 
Net loss   $ (441,011 )   $ (3,482,390 )   $ –     $ (3,923,401 )