Segment Reporting |
Segment Reporting |
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Nine Months Ended September 30, 2022 |
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Corporate |
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Perfecular |
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AVX |
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Total |
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Revenue |
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$ |
– |
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$ |
49,094 |
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$ |
193,581 |
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$ |
242,675 |
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Revenue - related party |
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– |
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31,542 |
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8,246 |
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39,788 |
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Total revenue |
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– |
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80,636 |
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201,827 |
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282,463 |
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Cost of revenue |
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– |
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70,869 |
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172,135 |
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243,004 |
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Gross Profit |
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– |
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9,767 |
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29,692 |
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39,459 |
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Operating Expenses |
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Selling expense |
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– |
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123,117 |
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9,754 |
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132,871 |
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Compensation - officers and directors |
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144,040 |
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– |
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– |
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144,040 |
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Research and development |
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862,214 |
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– |
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– |
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862,214 |
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Professional fees |
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673,380 |
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– |
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12,770 |
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686,150 |
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General and administrative |
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621,931 |
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1,503,747 |
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191,681 |
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2,317,359 |
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Total Cost and Operating Expenses |
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2,301,565 |
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1,626,864 |
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214,205 |
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4,142,634 |
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Loss from Operations |
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(2,301,565 |
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(1,617,097 |
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(184,513 |
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(4,103,175 |
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Other Income (Expense): |
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Interest income (expense), net |
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853 |
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(288 |
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2,320 |
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2,885 |
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Unrealized loss on marketable equity securities |
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(32,525 |
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– |
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– |
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(32,525 |
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Realized loss on marketable equity securities |
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(21,205 |
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– |
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– |
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(21,205 |
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Other income (expense), net |
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130,162 |
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160,117 |
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(8,506 |
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281,773 |
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Total other income (expense) |
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77,285 |
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159,829 |
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(6,186 |
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230,928 |
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Tax expense |
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– |
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– |
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– |
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– |
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Net Loss |
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$ |
(2,224,280 |
) |
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$ |
(1,457,268 |
) |
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$ |
(190,699 |
) |
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$ |
(3,872,247 |
) |
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