Schedule of business segments |
Schedule of business segments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Technologies |
|
|
Data Center Hosting & Related Services |
|
|
Asset Management Services |
|
|
Corporate and Unallocated |
|
|
Consolidated |
|
Net revenues |
|
$ |
2,005,073 |
|
|
$ |
8,000 |
|
|
$ |
8,675,153 |
|
|
$ |
— |
|
|
$ |
10,688,226 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
|
|
2,205,731 |
|
|
|
15,343 |
|
|
|
5,634,537 |
|
|
|
— |
|
|
|
7,855,611 |
|
Operating Expenses (excluding depreciation and amortization) |
|
|
3,754,058 |
|
|
|
825,690 |
|
|
|
— |
|
|
|
— |
|
|
|
4,579,748 |
|
Depreciation and amortization |
|
|
1,414,291 |
|
|
|
68 |
|
|
|
— |
|
|
|
— |
|
|
|
1,414,359 |
|
Stock Compensation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,068,819 |
|
|
|
2,068,819 |
|
Income (loss) from operations |
|
|
(5,369,007 |
) |
|
|
(833,101 |
) |
|
|
3,040,616 |
|
|
|
(2,068,819 |
) |
|
|
(5,230,311 |
) |
Interest Expense |
|
|
(3,265 |
) |
|
|
(406,662 |
) |
|
|
— |
|
|
|
— |
|
|
|
(409,927 |
) |
Other Income |
|
|
22,951 |
|
|
|
16,096 |
|
|
|
2,636 |
|
|
|
861 |
|
|
|
42,544 |
|
Provision for income tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Net income (loss) |
|
$ |
(5,349,321 |
) |
|
$ |
(1,223,667 |
) |
|
$ |
3,043,252 |
|
|
$ |
(2,067,958 |
) |
|
$ |
(5,597,694 |
) |
Six Months Ended June 30, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Technologies |
|
|
Data Center Hosting & Related Services |
|
|
Asset Management Services |
|
|
Corporate and Unallocated |
|
|
Consolidated |
|
Net revenues |
|
$ |
2,581,176 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,581,176 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
|
|
2,701,108 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,701,108 |
|
Operating Expenses (excluding depreciation and amortization) |
|
|
4,935,134 |
|
|
|
8,719 |
|
|
|
— |
|
|
|
— |
|
|
|
4,944,033 |
|
Depreciation and amortization |
|
|
712,534 |
|
|
|
34 |
|
|
|
— |
|
|
|
— |
|
|
|
712,388 |
|
Stock Compensation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
201,109 |
|
|
|
201,109 |
|
Income (loss) from operations |
|
|
(5,767,600 |
) |
|
|
(8,753 |
) |
|
|
— |
|
|
|
(201,900 |
) |
|
|
(5,977,462 |
) |
Interest Expense |
|
|
(1,595 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(1,595 |
) |
Other Income |
|
|
22,518 |
|
|
|
59 |
|
|
|
— |
|
|
|
— |
|
|
|
22,577 |
|
Provision for income tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Net income (loss) |
|
$ |
(5,746,677 |
) |
|
$ |
(8,694 |
) |
|
$ |
— |
|
|
$ |
(201,900 |
) |
|
$ |
(5,956,480 |
) |
Total assets by segment on June 30, 2025 and December
31, 2024:
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
|
December 31, 2024 |
|
Technologies |
|
$ |
11,039,349 |
|
|
$ |
11,819,377 |
|
Data Center Hosting & Related Services |
|
|
5,199,027 |
|
|
|
4,131,189 |
|
Asset Management Services |
|
|
8,457,623 |
|
|
|
7,530,274 |
|
Corporate and Unallocated |
|
|
6,437,638 |
|
|
|
11,477,837 |
|
|
|
$ |
31,133,636 |
|
|
$ |
34,958,677 |
|
|