Quarterly report pursuant to Section 13 or 15(d)

12. Segment reporting (Tables)

v3.21.1
12. Segment reporting (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment information table

The table below discloses income statement information by segment.

 

    Three months ended March 31, 2021  
    Focus     AVX     Total  
                   
Revenue   $ 313,530     $ 39,742     $ 353,272  
Revenue - related party     10,191             10,191  
Total revenue     323,721       39,742       363,463  
                         
Cost of Revenue     254,223       38,040       292,263  
                         
Gross Profit     69,498       1,702       71,200  
                         
Operating Expenses:                        
Selling     332       180       512  
Compensation - officers     39,100             39,100  
Research and development     63,150             63,150  
Professional fees     376,633       914       377,547  
General and administrative     239,513       70,571       310,084  
Total Operating Expenses     718,728       71,665       790,393  
                         
Loss from Operations     (649,230 )     (69,963 )     (719,193 )
                         
Other Income (Expense):                        
Interest income (expense), net     (6,670 )     (863 )     (7,533 )
Interest (expense) – related party                  
Other income (expense), net     45,385       (1,175 )     44,210  
Total other income (expense)     38,715       (2,038 )     36,677  
                         
Loss before income taxes     (610, 515       (72,003 )     (682,516 )
                         
Tax expense                  
                         
Net Loss   $ (610,515 )   $ (72,003 )   $ (682,516 )