Quarterly report [Sections 13 or 15(d)]

Discontinued Operation

v3.25.1
Discontinued Operation - USD ($)
 3 Months Ended
Aug. 21, 2024
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]    
Discontinued Operation  

Note 8 – Discontinued Operation

 

On August 5, 2024, the Company and the segment manager of AT Tech Systems LLC reached a tentative oral agreement to terminate his employment and the employment of his two direct report team members. The Company discontinued operations of AT Tech Systems on August 21, 2024 with a termination cost of $22,000.

 

The income (loss) from discontinued operations presented in the statement of operations for the three months ended March 31, 2025 and 2024 as follows: 

           
    Three Months Ended March 31,  
    2025     2024  
Revenue   $ –     $ 39,653  
Cost of Revenue     –       130,151  
Gross Loss     –       (90,498 )
                 
Operating Expenses:                
General and administrative     –       15,406  
Total Operating Expenses     –       15,406  
                 
Loss from Operations     –       (105,904 )
                 
Other Income (Expense):                
Other income, net     –       1,141  
Total other income, net     –       1,141  
                 
Net Loss   $ –     $ (104,763 )

 

Total operating cash flows from discontinued operations were $0 and $126,795, respectively, for the three months ended March 31, 2025 and 2024.

 
Termination cost $ 22,000