Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.25.3
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of segment reporting
                 
    For the Nine Months ended September 30, 2025  
    Perfecular & Lusher     Corporate & IoT     Total  
Revenue   $ 26,019     $ 228,255     $ 254,274  
Cost of revenue     21,835       215,919       237,754  
Gross profit     4,184       12,336       16,520  
                         
Operating expenses                        
Selling expense     1,165       57,609       58,774  
Compensation – officers and directors     –       375,725       375,725  
Research and development     441,507       686,126       1,127,633  
Professional fees     –       1,224,063       1,224,063  
General and administrative     2,524       1,222,464       1,224,988  
Total operating expense     445,196       3,565,987       4,011,183  
                         
Loss from operations     (441,012 )     (3,553,651 )     (3,994,663 )
                         
Total other income     1       71,261       71,262  
                         
Net loss   $ (441,011 )   $ (3,482,390 )   $ (3,923,401 )

 

The following tables summarize the financial information of each operating segment of the Company for the nine months ended September 30, 2024:

                   
    For the Nine Months ended September 30, 2024  
    Perfecular & Lusher     Corporate & IoT     Total  
Revenue   $ 21,039     $ 243,915     $ 264,954  
Cost of revenue     23,343       104,343       127,686  
Gross profit (loss)     (2,304 )     139,572       137,268  
                         
Operating expenses                        
Selling expense     24,667       71,360       96,027  
Compensation – officers and directors     –       687,303       687,303  
Research and development     111,600       836,441       948,041  
Professional fees     –       985,368       985,368  
General and administrative     18,077       1,594,658       1,612,735  
Total operating expense     154,344       4,175,130       4,329,474  
                         
Loss from operations     (156,648 )     (4,035,558 )     (4,192,206 )
                         
Total other income     1,329       3,229,924       3,231,253  
                         
Loss from discontinued operations     –       (277,823 )     (277,823 )
                         
Net loss   $ (155,319 )   $ (1,083,457 )   $ (1,238,776 )