Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment reporting

Schedule of segment reporting

                         
    For the Three Months ended June 30, 2026  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ –     $ 23,220     $ 651,950     $ 675,170  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       259,663       259,663  
Cost of other revenue     –       17,227       –       17,227  
Depreciation and amortization     –       16,084       184,940       201,024  
Selling expense     –       691       –       691  
Compensation – officers and directors     –       117,638       –       117,638  
Research and development     218,424       143,741       –       362,165  
Professional fees     –       751,144       –       751,144  
General and administrative     848       503,827       10,518       515,193  
Total cost and operating expense     219,272       1,550,352       455,121       2,224,745  
                                 
Income (loss) from operations     (219,272 )     (1,527,132 )     196,829       (1,549,575 )
                                 
Total other income (expense)     –       116,698       (86,081 )     30,617  
                                 
Net loss   $ (219,272 )   $ (1,410,434 )   $ 110,748     $ (1,518,958 )

 

The following tables summarize the financial information of each operating segment of the Company for the three months ended June 30, 2025:

                         
    For the Three Months ended June 30, 2025  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ 19,375     $ 15,955     $ –     $ 35,330  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       –       –  
Cost of other revenue     16,462       31,280       –       47,742  
Depreciation and amortization     –       5,506       –       5,506  
Selling expense     –       7,420       –       7,420  
Compensation – officers and directors     –       125,357       –       125,357  
Research and development     155,572       311,725       –       467,297  
Professional fees     –       429,155       –       429,155  
General and administrative     2,043       493,570       –       495,613  
Total cost and operating expense     174,077       1,404,013       –       1,578,090  
                                 
Income (loss) from operations     (154,702 )     (1,388,078 )     –       (1,542,760 )
                                 
Total other income     –       37,112       –       37,112  
                                 
Net loss   $ (154,702 )   $ (1,350,946 )   $ –     $ (1,505,648 )

 

The following tables summarize the financial information of each operating segment of the Company for the six months ended June 30, 2026:

                         
    For the Six Months ended June 30, 2026  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ –     $ 71,193     $ 651,950     $ 723,143  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       259,663       259,663  
Cost of other revenue     –       49,956       –       49,956  
Depreciation and amortization     7,083       15,723       184,940       207,746  
Selling expense     –       33,539       –       33,539  
Compensation – officers and directors     –       235,189       –       235,189  
Research and development     283,224       343,738       –       626,962  
Professional fees     –       1,136,349       –       1,136,349  
General and administrative     890       983,617       10,518       995,025  
Total cost and operating expense     291,197       2,798,111       455,121       3,544,429  
                                 
Income (loss) from operations     (291,197 )     (2,726,918 )     196,829       (2,821,286 )
                                 
Total other income (expense)     –       142,331       (86,081 )     56,250  
                                 
Net loss   $ (291,197 )   $ (2,584,587 )   $ 110,748     $ (2,765,036 )

 

The following tables summarize the financial information of each operating segment of the Company for the six months ended June 30, 2025:

                         
    For the Six Months ended June 30, 2025  
    Perfecular & Lusher     Corporate &
IoT		     Lusher Holding LLC     Total  
Revenue   $ 26,019     $ 199,566     $ –     $ 225,585  
                                 
Cost and operating expenses                                
Property operating expenses     –       –       –       –  
Cost of other revenue     21,835       185,618       –       207,453  
Depreciation and amortization     –       10,959       –       10,959  
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       770,103       –       772,615  
Total cost and operating expense     296,974       2,742,898       –       3,039,872  
                                 
Income (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 )