Quarterly report [Sections 13 or 15(d)]

SEGMENT REPORTING (Tables)

v3.25.2
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
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  
Income (loss) before provision for income taxes     (5,349,321 )     (1,223,667 )     3,043,252       (2,067,958 )     (5,597,694 )
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  
Income (loss) before provision for income taxes     (5,746,677 )     (8,694 )           (201,900 )     (5,956,480 )
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