| Schedule of segment information |
Segment
information for our current operating segments is as follows:
Schedule of segment information
| | |
Energy Segment | | |
Historic Segment | | |
Corporate, Other, and Eliminations | | |
Consolidated | |
| 2025 | |
| | | |
| | | |
| | | |
| | |
| Net revenue | |
$ | 166,811 | | |
$ | - | | |
$ | - | | |
$ | 166,811 | |
| Operating loss | |
| 166,811 | | |
| (982 | ) | |
| (792,462 | ) | |
| (626,633 | ) |
| Interest and dividend income | |
| 41,819 | | |
| - | | |
| 4 | | |
| 41,823 | |
| Interest expense | |
| - | | |
| - | | |
| - | | |
| - | |
| Severance and ad valorem taxes | |
| 13,050 | | |
| - | | |
| - | | |
| 13,050 | |
| Property additions, net | |
| - | | |
| - | | |
| 5,992 | | |
| 5,992 | |
| Fixed asset depreciation and amortization | |
| - | | |
| - | | |
| 763 | | |
| 763 | |
| Other asset additions | |
| 1,369,899 | | |
| - | | |
| - | | |
| 1,369,899 | |
| Other asset amortization | |
| 103,251 | | |
| - | | |
| - | | |
| 103,251 | |
| Total assets | |
| 1,400,605 | | |
| 1,327 | | |
| 1,457,911 | | |
| 2,859,843 | |
| | |
| | | |
| | | |
| | | |
| | |
| 2024 | |
| | | |
| | | |
| | | |
| | |
| Net revenue | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| Operating loss | |
| - | | |
| (990 | ) | |
| (779,222 | ) | |
| (780,212 | ) |
| Interest and dividend income | |
| 20,289 | | |
| - | | |
| 150,966 | | |
| 171,255 | |
| Interest expense | |
| - | | |
| - | | |
| - | | |
| - | |
| Severance and ad valorem taxes | |
| - | | |
| - | | |
| - | | |
| - | |
| Property additions | |
| - | | |
| - | | |
| - | | |
| - | |
| Other asset additions | |
| - | | |
| - | | |
| - | | |
| - | |
| Fixed asset depreciation and amortization | |
| - | | |
| - | | |
| 1,073 | | |
| 1,073 | |
| Other asset amortization | |
| - | | |
| - | | |
| - | | |
| - | |
| Total assets | |
| 618,038 | | |
| 1,744 | | |
| 2,794,780 | | |
| 3,414,562 | |
|
| Schedule of reconciliation of revenue from segments to consolidated |
The
following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income
taxes for the years ended December 31, 2025 and 2024, as presented in the consolidated income statements:
Schedule of reconciliation of revenue from segments to consolidated
| | |
2025 | | |
2024 | |
| Operating loss | |
$ | (626,633 | ) | |
$ | (780,212 | ) |
| Gain (loss) on investment in account receivable | |
| - | | |
| (250,208 | ) |
| Realized gain (loss) on investment in securities | |
| (179,775 | ) | |
| 41,376 | |
| Unrealized gain (loss) on investment in securities | |
| 194,882 | | |
| (6,387 | ) |
| Interest and dividend income | |
| 41,823 | | |
| 171,255 | |
| Interest expense | |
| - | | |
| - | |
| Other income (expense) | |
| 26 | | |
| - | |
|