| Schedule of Segment Reporting Information, by Segment |
Financial statement information by operating segment for the three and six months ended June 30, 2025 is presented below:
| Three Months Ended June 30, 2025
|
| Six Months Ended June 30, 2025
|
Assets
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
Total Assets
| $6,924,755
|
| $-
|
| $140,121
|
| $7,064,876
|
| $6,924,755
|
| $-
|
| $140,121
|
| $7,064,876
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
Net revenues
| $5,325,197
|
| $13,350,700
|
| $6,302
|
| $18,682,199
|
| $11,217,818
|
| $13,350,700
|
| $8,585
|
| $24,577,103
|
Cost of revenue
| 5,877,678
|
| 12,030,000
|
| 100
|
| 17,907,778
|
| 12,055,417
|
| 12,145,053
|
| 352
|
| 24,200,822
|
Gross income (loss)
| (552,481)
|
| 1,320,700
|
| 6,202
|
| 774,421
|
| (837,599)
|
| 1,205,647
|
| 8,233
|
| 376,281
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative
| 2,622,016
|
| -
|
| 337,955
|
| 2,959,971
|
| 4,238,281
|
| -
|
| 801,887
|
| 5,040,168
|
Total operating expenses
| 2,622,016
|
| -
|
| 337,955
|
| 2,959,971
|
| 4,238,281
|
| -
|
| 801,887
|
| 5,040,168
|
|
|
|
|
|
|
| -
|
|
|
|
|
|
|
| -
|
Income (loss) from operations
| (3,174,497)
|
| 1,320,700
|
| (331,753)
|
| (2,185,550)
|
| (5,075,880)
|
| 1,205,647
|
| (793,654)
|
| (4,663,887)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense
| -
|
| -
|
| (54,248)
|
| (54,248)
|
| -
|
| -
|
| (108,496)
|
| (108,496)
|
Other income
| 5,942
|
| -
|
| -
|
| 5,942
|
| 34,917
|
| -
|
| -
|
| 34,917
|
Loss on conversion of accrued interest
| -
|
| -
|
| (60,000)
|
| (60,000)
|
| -
|
| -
|
| (60,000)
|
| (60,000)
|
Total other income (expense), net
| 5,942
|
| -
|
| (114,248)
|
| (108,306)
|
| 34,917
|
| -
|
| (168,496)
|
| (133,579)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for income taxes
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
Net income (loss)
| $(3,168,555)
|
| $1,320,700
|
| $(446,001)
|
| $(2,293,856)
|
| $(5,040,963)
|
| $1,205,647
|
| $(962,150)
|
| $(4,797,466)
|
Preferred stock interest
| -
|
| -
|
| 60,000
|
| 60,000
|
| -
|
| -
|
| 120,000
|
| 120,000
|
Net income (loss) available to common shareholders
| $(3,168,555)
|
| $1,320,700
|
| $(506,001)
|
| $(2,353,856)
|
| $(5,040,963)
|
| $1,205,647
|
| $(1,082,150)
|
| $(4,917,466)
|
Financial statement information by operating segment for the three and six months ended June 30, 2024 is presented below:
| Three Months Ended June 30, 2024
|
| Six Months Ended June 30, 2024
|
Assets
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
Total Assets
| $5,917,412
|
| $-
|
| $225,003
|
| $6,142,415
|
| $5,917,412
|
| $-
|
| $225,003
|
| $6,142,415
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
| Ranco-Legacy
|
| Ranco-AGP
|
| CFN
|
| Consolidated
|
Net revenues
| $5,866,867
|
| $-
|
| $27,095
|
| $5,893,962
|
| $9,579,423
|
| $-
|
| $159,131
|
| $9,738,554
|
Cost of revenue
| 4,876,751
|
| -
|
| 1,250
|
| 4,878,001
|
| 7,015,891
|
| -
|
| 13,945
|
| 7,029,836
|
Gross income (loss)
| 990,116
|
| -
|
| 25,845
|
| 1,015,961
|
| 2,563,532
|
| -
|
| 145,186
|
| 2,708,718
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative
| 995,328
|
| -
|
| 551,621
|
| 1,546,949
|
| 1,976,528
|
| -
|
| 1,190,215
|
| 3,166,743
|
Total operating expenses
| 995,328
|
| -
|
| 551,621
|
| 1,546,949
|
| 1,976,528
|
| -
|
| 1,190,215
|
| 3,166,743
|
|
|
|
|
|
|
| -
|
|
|
|
|
|
|
| -
|
Income (loss) from operations
| (5,212)
|
| -
|
| (525,776)
|
| (530,988)
|
| 587,004
|
| -
|
| (1,045,029)
|
| (458,025)
|
|
|
|
|
|
|
| -
|
|
|
|
|
|
|
|
|
Other income (expense):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense
| (664,863)
|
| -
|
| (55,561)
|
| (720,424)
|
| (1,329,607)
|
| -
|
| (111,428)
|
| (1,441,035)
|
Interest income
| -
|
| -
|
| 74
|
| 74
|
| -
|
| -
|
| 151
|
| 151
|
Total other income (expense), net
| (664,863)
|
| -
|
| (55,487)
|
| (720,350)
|
| (1,329,607)
|
| -
|
| (111,277)
|
| (1,440,884)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for income taxes
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
| -
|
Net income (loss)
| $(670,075)
|
| $-
|
| $(581,263)
|
| $(1,251,338)
|
| $(742,603)
|
| $-
|
| $(1,156,306)
|
| $(1,898,909)
|
Preferred stock interest
| -
|
| -
|
| 60,000
|
| 60,000
|
| -
|
| -
|
| 120,000
|
| 120,000
|
Net income (loss) available to common shareholders
| $(670,075)
|
| $-
|
| $(641,263)
|
| $(1,311,338)
|
| $(742,603)
|
| $-
|
| $(1,276,306)
|
| $(2,018,909)
|
|