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

 

The Company’s Chief Operating Decision Maker (“CODM”) as defined under GAAP, who is the Company’s Chief Financial Officer, has determined that the Company is currently organized its operations into two segments: real estate development and technology. The real estate segment is currently the Company’s main focus, with the technology segment resulting from the acquisitions of Majestic and MyVONIA. These segments reflect the way our executive team evaluates the Company’s business performance and manages its operations. The CODM used the below financial information to assess financial performance and allocate resources. Information for the Company’s segments, is provided in the following table:

 

   Real Estate
Development		   Technology   Resource   ZEI   Consolidated 
For the Six Months Ended June 30, 2025                    
Revenue  $
--
   $18,170   $425,196   $977,314   $1,420,681 
Cost of revenue   
--
    11,800    85,309    772,246    869,356 
Operating expenses:                         
Payroll and related expenses   880,812    11,214    123,204    122,196    1,137,426 
Professional fees   796,630    279,977    220,373    83,877    1,380,857 
Other operating expenses   1,203,527    
-
    2,724    
-
    1,206,251 
Bad debt expense   3,025,000    
 
    
 
    
 
    3,025,000 
Total operating expenses   5,905,969    291,191    346,300    206,073    6,749,534 
Operating loss   (5,905,969)   (284,821)   (6,414)   (1,006)   (6,198,209)
Other income (expense)   (1,436,546)   (3,880)   (195,915)   (69,400)   (1,705,741)
Net loss  $(7,342,515)  $(288,701)  $(202,329)  $(70,406)  $(7,903,950)
Total assets  $7,865,417   $7,432   $20,031,438   $2,096,785   $39,069,835 
    Real Estate
Development		     Technology     Resource     ZEI     Consolidated  
For the Three Months Ended June 30, 2025                              
Revenue   $ -     $ -     $ 425,197     $ 977,314     $ 1,402,511  
Cost of revenue     -       -       85,309       772,246       857,556  
Operating expenses:                                        
Payroll and related expenses     440,575      
 
       123,204       122,196       685,975  
Professional fees     61,207       280,280       220,373       83,877       645,736  
Other operating expenses     1,119,866      
 
       2,724       -       1,122,590  
Bad debt expense     3,025,000      
 
      
 
      
 
       3,025,000  
Total operating expenses     4,646,648       280,280       346,301       206,073       5,479,301  
Operating loss     (4,646,648 )     (280,280 )     (6,414 )     (1,006 )     (4,934,346 )
Other income (expense)     (524,295 )     -       (195,913 )     (69,401 )     (789,609 )
Net loss   $ (5,170,943 )   $ (280,280 )   $ (202,327 )   $ (70,407 )   $ (5,723,955 )
Total assets   $ 7,865,417     $ 7,432     $ 20,031,438     $ 2,096,785     $ 39,069,835  

 

   Real Estate
Development		   Technology   Resource   ZEI   Consolidated 
For the Six Months Ended June 30, 2024                    
Revenue  $
-
   $91,978   $
-
   $
-
   $91,978 
Cost of revenue   
-
    
-
    
-
    
-
    
-
 
Operating expenses:             -    -      
Payroll and related expenses   2,600,518    11,214    
-
    
-
    2,611,732 
Professional fees   669,050    14,034    
-
    
-
    683,084 
Other operating expenses   201,811    
-
    
-
    
-
    201,811 
Total operating expenses   3,471,379    25,248    
-
    
-
    3,496,627 
Operating loss   (3,471,379)   66,730    
-
    
-
    (3,404,649)
Other income (expense)   (1,628,389)   (3,425)   
-
    
-
    (1,631,814)
Net loss  $(5,099,768)  $63,305   $
-
   $
-
   $(5,036,463)
Total assets  $12,442,980   $211,257   $
-
   $
-
   $12,654,237 

 

   Real Estate
Development		   Technology   Resource   ZEI   Consolidated 
For the Three Months Ended June 30, 2024                    
Revenue  $
-
   $42,162   $
-
   $
-
   $42,162 
Cost of revenue   
-
    
-
    
-
    
-
    
-
 
Operating expenses:             -    -      
Payroll and related expenses   523,239    72,406    
-
    
-
    595,645 
Professional fees   207,006    9,823    
-
    
-
    216,829 
Other operating expenses   132,661    
-
    
-
    
-
    132,661 
Total operating expenses   826,906    82,229    
-
    
-
    945,135 
Operating loss   (826,906)   (40,067)   
-
    
-
    (902,973)
Other income (expense)   (1,064,607)   (1,211)   
-
    
-
    (1,065,818)
Net loss  $(1,927,513)  $(41,278)  $
-
   $
-
   $(1,968,791)
Total assets  $12,442,980   $211,257   $
-
   $
-
   $12,654,237