| Schedule of Operating Expenses |
Schedule
of Operating Expenses
| |
|
Parent |
|
|
Industrial |
|
|
Consumer |
|
|
Totals |
|
|
Parent |
|
|
Industrial |
|
|
Consumer |
|
|
Totals |
|
| |
|
For the six months ended June 30, 2024 |
|
|
For the six months ended June 30, 2023 |
|
| |
|
Parent |
|
|
Industrial |
|
|
Consumer |
|
|
Totals |
|
|
Parent |
|
|
Industrial |
|
|
Consumer |
|
|
Totals |
|
| Revenue |
|
$ |
23,404 |
|
|
$ |
335,007 |
|
|
$ |
412,638 |
|
|
$ |
771,049 |
|
|
$ |
- |
|
|
$ |
1,252,403 |
|
|
$ |
- |
|
|
$ |
1,252,403 |
|
| Less direct cost of revenue |
|
|
- |
|
|
|
277,570 |
|
|
|
333,281 |
|
|
|
610,851 |
|
|
|
- |
|
|
|
615,227 |
|
|
|
- |
|
|
|
615,227 |
|
| Gross Margin |
|
|
23,404 |
|
|
|
57,437 |
|
|
|
79,357 |
|
|
|
160,198 |
|
|
|
- |
|
|
|
637,176 |
|
|
|
- |
|
|
|
637,176 |
|
| Operating expenses |
|
|
1,239,586 |
|
|
|
1,517,292 |
|
|
|
816,418 |
|
|
|
3,573,296 |
|
|
|
4,260,321 |
|
|
|
1,096,121 |
|
|
|
- |
|
|
|
5,356,442 |
|
| (Net loss) from operations |
|
|
(1,216,182 |
) |
|
|
(1,459,855 |
) |
|
|
(737,061 |
) |
|
|
(3,413,098 |
) |
|
|
(4,260,321 |
) |
|
|
(458,945 |
) |
|
|
- |
|
|
|
(4,719,266 |
) |
| Non-operating income (expenses) |
|
|
(11,777,806 |
) |
|
|
- |
|
|
|
- |
|
|
|
(11,777,806 |
) |
|
|
(9,061,271 |
) |
|
|
- |
|
|
|
- |
|
|
|
(9,061,271 |
) |
| Deemed dividends |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(3,626,950 |
) |
|
|
- |
|
|
|
- |
|
|
|
(3,626,950 |
) |
| Preferred dividends |
|
|
(1,264,106 |
) |
|
|
- |
|
|
|
- |
|
|
|
(1,264,106 |
) |
|
|
(997,079 |
) |
|
|
- |
|
|
|
- |
|
|
|
(997,079 |
) |
| Net Loss |
|
$ |
(14,258,094 |
) |
|
$ |
(1,459,855 |
) |
|
$ |
(737,061 |
) |
|
$ |
(16,455,010 |
) |
|
$ |
(17,945,621 |
) |
|
$ |
(458,945 |
) |
|
$ |
- |
|
|
$ |
(18,404,566 |
) |
| |
|
As of June 30, 2024 |
|
|
As of December 31, 2023 |
|
| Segment Assets |
|
$ |
935,351 |
|
|
$ |
725,909 |
|
|
$ |
5,287,396 |
|
|
$ |
6,948,656 |
|
|
$ |
1,049,676 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,049,676 |
|
|