v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting

Note 17: Segment Reporting

 

Adoption of ASC 2023-07

 

Effective for the fiscal year ended December 31, 2024, the Company adopted the provisions of ASC 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which require enhanced disclosures regarding significant segment expenses and the measures used by the Company’s Chief Operating Decision Maker (“CODM”) in evaluating financial performance.

 

 

Single Reportable Segment

 

The Company specializes in the development and commercialization of potable water production and purification systems. The Company’s CEO (CODM) reviews operating results and makes resource allocation decisions on a consolidated basis. As a result, the Company has determined that it operates in one reportable segment and that the adoption of ASC 2023-07 did not result in a change to the Company’s segment reporting structure.

 

Item  Amount 
Revenue  $- 
COGS   - 
General and Administrative expense   253,033 
Segment Profit (Loss) from Operations   (253,033)
Segment Profit (Loss) Other expense   (399,337)
Segment Net Profit (Loss)   (652,370)
Segment Assets   31,596 
Other Segment Items – Interest expense   397,422 

 

Geographic Information

 

To date, in 2025, there has been no revenue generated however, the Company is focusing efforts on Mexico and United States.

 

Major Customers

 

During the year ended December 31, 2024, one customer accounted for 100% of total revenue.

The loss of this customer could have a material adverse impact on the Company’s revenues and operating results until such time as the Company diversifies and expands its customer base.

 

Conclusion

 

Due to limited operational activities and a single reportable segment structure, no additional segment disclosures beyond those discussed above are required under ASC 2023-07. The Company will continue to monitor its operations and update segment reporting as necessary if future expansion or changes in the business model warrant additional segments.