| Schedule of segment reporting |
| Schedule of segment reporting |
|
|
|
|
|
|
|
|
|
| |
|
For the Six Months ended June 30, 2025 |
|
| |
|
Perfecular & Lusher |
|
|
Corporate & IoT |
|
|
Total |
|
| Revenue |
|
$ |
26,019 |
|
|
$ |
199,566 |
|
|
$ |
225,585 |
|
| Cost of revenue |
|
|
21,835 |
|
|
|
185,618 |
|
|
|
207,453 |
|
| Gross profit |
|
|
4,184 |
|
|
|
13,948 |
|
|
|
18,132 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling expense |
|
|
1,165 |
|
|
|
55,235 |
|
|
|
56,400 |
|
| Compensation – officers and directors |
|
|
– |
|
|
|
250,744 |
|
|
|
250,744 |
|
| Research and development |
|
|
271,462 |
|
|
|
568,093 |
|
|
|
839,555 |
|
| Professional fees |
|
|
– |
|
|
|
902,146 |
|
|
|
902,146 |
|
| General and administrative |
|
|
2,512 |
|
|
|
781,062 |
|
|
|
783,574 |
|
| Total operating expense |
|
|
275,139 |
|
|
|
2,557,280 |
|
|
|
2,832,419 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from operations |
|
|
(270,955 |
) |
|
|
(2,543,332 |
) |
|
|
(2,814,287 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total other income |
|
|
1 |
|
|
|
57,260 |
|
|
|
57,261 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(270,954 |
) |
|
$ |
(2,486,072 |
) |
|
$ |
(2,757,026 |
) |
The following tables summarize the financial information
of each operating segment of the Company for the six months ended June 30, 2024:
| |
|
|
|
|
|
|
|
|
|
| |
|
For the Six Months ended June 30, 2024 |
|
| |
|
Perfecular & Lusher |
|
|
Corporate & IoT |
|
|
Total |
|
| Revenue |
|
$ |
2,116 |
|
|
$ |
188,623 |
|
|
$ |
190,739 |
|
| Cost of revenue |
|
|
2,315 |
|
|
|
82,841 |
|
|
|
85,156 |
|
| Gross profit (loss) |
|
|
(199 |
) |
|
|
105,782 |
|
|
|
105,583 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling expense |
|
|
21,917 |
|
|
|
53,008 |
|
|
|
74,925 |
|
| Compensation – officers and directors |
|
|
– |
|
|
|
112,048 |
|
|
|
112,048 |
|
| Research and development |
|
|
92,023 |
|
|
|
547,502 |
|
|
|
639,525 |
|
| Professional fees |
|
|
– |
|
|
|
707,032 |
|
|
|
707,032 |
|
| General and administrative |
|
|
12,740 |
|
|
|
1,005,060 |
|
|
|
1,017,800 |
|
| Total operating expense |
|
|
126,680 |
|
|
|
2,424,650 |
|
|
|
2,551,330 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from operations |
|
|
(126,879 |
) |
|
|
(2,318,868 |
) |
|
|
(2,445,747 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total other income |
|
|
907 |
|
|
|
15,176 |
|
|
|
16,083 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from discontinued operations |
|
|
– |
|
|
|
(251,039 |
) |
|
|
(251,039 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(125,972 |
) |
|
$ |
(2,554,731 |
) |
|
$ |
(2,680,703 |
) |
|