v3.26.1
SEGMENTS
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENTS

4. SEGMENTS

 

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision makers (the “CODMs”), or decision–making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision makers are the two Co-CEOs, who review and assess the performance of the Company as a whole. The Company reports its segment information to reflect the manner in which the CODMs review and assess performance. The Company has four operating segments based on the products and services we offer, which include three of our principal businesses – real estate, digital transformation technology and biohealth – as well as a fourth category consisting of certain other business activities. In determination of segments, the Company, together with its CODMs, considers factors that include the nature of business activities, allocation of resources and management structure.

 

The primary financial measures used by the CODMs to evaluate performance and allocate resources are net income (loss) and operating income (loss). The CODMs use net income (loss) and operating income (loss) to evaluate the performance of the Company’s ongoing operations and as part of the Company’s internal planning and forecasting processes. Information on net income (loss) and operating income (loss) is disclosed in the Consolidated Statements of Operations. Segment expenses and other segment items are provided to the CODMs on the same basis as disclosed in the Consolidated Statements of Operations. Costs excluded from segment income (loss) before taxes and reported as “Other” consist of corporate general and administrative activities which are not allocable to the four reportable segments.

 

 

The following table summarizes the Company’s segment information for the following balance sheet dates presented, and for the three months ended March 31, 2026 and 2025:

 

   Real Estate   Digital Transformation Technology   Biohealth Business   Other   Total 
Three Months Ended on March 31, 2026                         
Revenue  $726,659   $-   $-   $254,119   $980,778 
Cost of Sales   (638,041)   -    -    (67,627)   (705,668)
Gross Profit   88,618    -    -    186,492    275,110 
Operating Expenses   (668,431)   (49,389)   (97,620)   (2,112,111)   (2,927,550)
Operating Loss   (579,813)   (49,389)   (97,620)   (1,925,619)   (2,652,440)
Other Income (Expense)   -    (57,691)   (6,262)   (2,538,890)   (2,602,843)
Net Loss Before Income Tax   (579,813)   (107,080)   (103,882)   (4,464,509)   (5,255,283)

 

   Real Estate   Digital Transformation Technology   Biohealth Business   Other   Total 
Three Months Ended on March 31, 2025                         
Revenue  $717,805   $-   $-   $350,498   $1,068,303 
Cost of Sales   (602,785)   -    -    (174,744)   (777,529)
Gross Profit   115,020    -    -    175,754    290,774 
Operating Expenses   (1,144,805)   (163,554)   (512,932)   (2,401,601)   (4,222,892)
Operating Loss   (1,029,785)   (163,554)   (512,932)   (2,225,847)   (3,932,118)
Other Income (Expense)   10,720    (1,251,283)   (698,374)   (3,590,890)   (5,529,826)
Net Loss Before Income Tax   (1,019,065)   (1,414,837)   (1,211,306)   (5,816,737)   (9,461,944)