v3.25.2
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2025
SEGMENT REPORTING  
SEGMENT REPORTING

NOTE 14 – SEGMENT REPORTING

 

As of June 30, 2025, the Company operated in two business segments: Dynamic Aero Systems, a developer and OEM of UAVs, and Dynamic Deliveries, a developer of autonomous mesh logistics networks.  The Company also incurs shared corporate costs. 

 

The Company evaluates performance and allocates resources based on profit or loss from operations before income taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies.

 

Segment information for the three months ended June 30, 2025 was as follows:

 

 

 

Three Months Ended June 30, 2025

 

 

 

Dynamic Aerospace Systems

 

 

Dynamic Deliveries

 

 

Corporate and Other

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Professional fees

 

 

48,615

 

 

 

5,000

 

 

 

179,790

 

 

 

233,405

 

Depreciation and Amortization

 

 

66,231

 

 

 

28,263

 

 

 

-

 

 

 

94,494

 

Other general and administrative costs

 

 

121,502

 

 

 

-

 

 

 

28,745

 

 

 

150,247

 

Total Operating Expenses

 

 

236,348

 

 

 

33,263

 

 

 

208,535

 

 

 

478,146

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

$(236,348)

 

$(33,263)

 

$(208,535)

 

$(478,146)

 

Segment information for the six months ended June 30, 2025 was as follows:

 

 

 

Six Months Ended June 30, 2025

 

 

 

Dynamic Aerospace Systems

 

 

Dynamic Deliveries

 

 

Corporate and Other

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Professional fees

 

 

48,615

 

 

 

5,000

 

 

 

452,758

 

 

 

506,373

 

Depreciation and Amortization

 

 

66,231

 

 

 

28,263

 

 

 

-

 

 

 

94,494

 

Other general and administrative costs

 

 

121,502

 

 

 

-

 

 

 

84,094

 

 

 

205,596

 

Total Operating Expenses

 

 

236,348

 

 

 

33,263

 

 

 

536,852

 

 

 

806,463

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

$(236,348)

 

$(33,263)

 

$(536,852)

 

$(806,463)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable assets as of June 30, 2025

 

$3,378,584

 

 

$11,603,491

 

 

$1,007,685

 

 

$15,989,760

 

Identifiable assets as of December 31, 2024

 

$-

 

 

$-

 

 

$237

 

 

$237

 

 

Segment information for the three and six months ended June 30, 2024 was the same as consolidated operations as the Company had not yet established the Dynamic Aero Systems and Dynamic Deliveries segments, which were initiated upon the acquisition of the Vayu Assets and GAC Assets on April 2, 2025. As such, the Company operated as one segment in the three and six months ended June 30, 2024.