Operating Segment |
6 Months Ended |
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Jun. 30, 2025 | |
Segment Reporting [Abstract] | |
Operating Segment | 8. Operating Segment
The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance of its businesses on a corporation-wide basis. The Chief Operating Decision Maker (CODM), the Chief Executive Officer, evaluates the Company’s performance and allocates resources based on consolidated operating results. At the moment, the Company has only one operating segment, that being the construction and distribution of water equipment that provides drinking water to areas of the world where water and/or infrastructure is scarce. The segment’s performance evaluation is based on its income. Segment income is defined as gross sales and miscellaneous income. Currently the only customer is a related company in the Democratic Republic of Congo. For the six months ended June 30, 2025, there was no income.
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- References No definition available.
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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