Quarterly report [Sections 13 or 15(d)]

Schedule of segment reporting

v3.25.1
Schedule of segment reporting
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of segment reporting
                 
    For the Three Months ended March 31, 2025  
    Perfecular & Lusher     Corporate & IoT     Total  
Revenue   $ 6,624     $ 183,631     $ 190,255  
Cost of revenue     5,373       154,338       159,711  
Gross profit     1,251       29,293       30,544  
                         
Operating expenses                        
Selling expense     1,165       47,815       48,980  
Compensation – officers and directors     –       125,387       125,387  
Research and development     115,890       256,368       372,258  
Professional fees     –       472,991       472,991  
General and administrative     469       281,986       282,455  
Total operating expense     117,524       1,184,547       1,302,071  
                         
Loss from operations     (116,273 )     (1,155,254 )     (1,271,527 )
                         
Total other income     1       20,148       20,149  
                         
Net loss   $ (116,272 )   $ (1,135,106 )   $ (1,251,378 )

 

The following tables summarize the financial information of each operating segment of the Company for the three months ended March 31, 2024:

                   
    For the Three Months ended March 31, 2024  
    Perfecular & Lusher     Corporate & IoT     Total  
Revenue   $ 2,116     $ 177,389     $ 179,505  
Cost of revenue     2,315       86,891       89,206  
Gross profit (loss)     (199 )     90,498       90,299  
                         
Operating expenses                        
Selling expense     2,454       36,831       39,285  
Compensation – officers and directors     –       56,793       56,793  
Research and development     46,810       296,467       343,277  
Professional fees     –       352,611       352,611  
General and administrative     3,175       509,064       512,239  
Total operating expense     52,439       1,251,766       1,304,205  
                         
Loss from operations     (52,638 )     (1,161,268 )     (1,213,906 )
                         
Total other income     335       2,737       3,072  
                         
Loss from discontinued operations     –       (104,763 )     (104,763 )
                         
Net loss   $ (52,303 )   $ (1,263,294 )   $ (1,315,597 )