| Segment Reporting |
| |
|
Nine Months Ended September 30, 2019 |
|
| |
|
Focus |
|
|
AVX |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
436,070 |
|
|
$ |
548,875 |
|
|
$ |
984,945 |
|
| Revenue - related party |
|
|
10,300 |
|
|
|
– |
|
|
|
10,300 |
|
| Total revenue |
|
|
446,370 |
|
|
|
548,875 |
|
|
|
995,245 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of Revenue |
|
|
341,319 |
|
|
|
411,132 |
|
|
|
752,451 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Gross Profit |
|
|
105,051 |
|
|
|
137,743 |
|
|
|
242,794 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operation Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling |
|
|
– |
|
|
|
183,570 |
|
|
|
183,570 |
|
| Compensation - officers |
|
|
90,000 |
|
|
|
16,580 |
|
|
|
106,580 |
|
| Research and development |
|
|
193,002 |
|
|
|
– |
|
|
|
193,002 |
|
| Professional fees |
|
|
1,818,807 |
|
|
|
17,482 |
|
|
|
1,836,289 |
|
| General and administrative |
|
|
478,057 |
|
|
|
120,493 |
|
|
|
598,550 |
|
| Total Operating Expenses |
|
|
2,580,666 |
|
|
|
338,125 |
|
|
|
2,918,791 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from Operations |
|
|
(2,475,615 |
) |
|
|
(200,382 |
) |
|
|
(2,675,997 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Income (Expense) |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest income (expense), net |
|
|
836 |
|
|
|
– |
|
|
|
836 |
|
| Other income |
|
|
10.440 |
|
|
|
– |
|
|
|
10,440 |
|
| Total other expense |
|
|
11,276 |
|
|
|
– |
|
|
|
11,276 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss before income taxes |
|
|
(2,464,339 |
) |
|
|
(200,382 |
) |
|
|
(2,664,721 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Tax expense |
|
|
800 |
|
|
|
3,260 |
|
|
|
4,060 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Loss |
|
$ |
(2,464,939 |
) |
|
$ |
(203,642 |
) |
|
$ |
(2,667,981 |
) |
|