Quarterly report [Sections 13 or 15(d)]

SEGMENT REPORTING (Tables)

v3.25.1
SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of business segments
                             
    Technologies     Data Center Hosting & Related Services     Asset Management Services     Corporate and Unallocated     Consolidated  
Net revenues   $ 1,037,435     $     $ 3,914,750     $     $ 4,952,185  
                                         
Cost of revenues     980,458             2,658,068             3,638,526  
Operating Expenses (excluding depreciation and amortization)     1,649,951       315,066                   1,965,017  
Depreciation and amortization     164,233       34                   164,267  
Stock Compensation                       974,003       974,003  
Income (loss) from operations     (1,757,206 )     (315,100 )     1,256,682       (974,003 )     (1,789,628 )
Interest Expense     (3,265 )     (319,312 )                 (322,577 )
Other Income     19,168       10,678       2,083       613       32,542  
Income (loss) before provision for income taxes     (1,741,304 )     (623,734 )     1,258,765       (973,390 )     (2,079,663 )
Provision for income tazes                              
Net income (loss)   $ (1,741,304 )   $ (623,734 )   $ 1,258,765     $ (973,390 )   $ (2,079,663 )

 

 

Three Months Ended March 31, 2024

                               
    Technologies     Data Center Hosting & Related Services     Asset Management Services     Corporate and Unallocated     Consolidated  
Net revenues   $ 1,070,680     $     $     $     $ 1,070,680  
                                       
Cost of revenues     976,048                         976,048  
Operating Expenses (excluding depreciation and amortization)     2,556,266                         2,556,266  
Depreciation and amortization     158,208                         158,208  
Stock Compensation                       141,204       141,204  
Income (loss) from operations     (2,619,842 )                 (141,204 )     (2,761,046 )
Interest Expense     (445 )                       (445 )
Other Income     9,182                         9,182  
Income (loss) before provision for income taxes     (2,611,105 )                 (141,204 )     (2,752,309 )
Provision for income tazes                              
Net income (loss)   $ (2,611,105 )   $     $     $ (141,204 )   $ (2,752,309 )

  

Total assets by segment on March 31, 2025 and December 31, 2024:

             
    March 31,
2025
    December 31,
2024
 
Technologies   $ 11,609,457     $ 11,819,377  
Data Center Hosting & Related Services     4,589,740       4,131,189  
Asset Management Services     8,993,625       7,530,274  
Corporate and Unallocated     8,894,518       11,477,837  
    $ 34,087,340     $ 34,958,677