v3.26.1
Segment Information
 9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information

Note 13 – Segment Information

 

General

 

Operating segments are components of the Company for which discrete financial information is available and whose operating results are regularly reviewed by the chief operating decision maker (“CODM”) to allocate resources and assess performance.

 

Reportable Segments

 

Beginning in fiscal 2026, the Company has three (3) reportable segments:

 

1.Foodservice Packaging Distribution - distribution of foodservice packaging products, established through the acquisition of SWC on March 31, 2025.
2.Robotics-as-a-Service (RaaS) - development and deployment of robotics solutions, operated through TechForce
3.Hotel Operations - ownership and operation of hotel properties, including lodging, food and beverage, and related hospitality services. This segment was established following the acquisitions of the Victorville and Rancho Mirage hotel properties during the first quarter of fiscal 2026.

 

 

NIGHTFOOD HOLDINGS, INC. AND SUBSIDIARIES

DBA TECHFORCE ROBOTICS

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026

 

Other Corporate Overhead represents corporate-level activities and shared services, including public company compliance, executive management, finance, legal, and other centralized functions. These costs are not included in the CODM’s evaluation of segment performance and are not considered a reportable operating segment. Corporate overhead is presented for reconciliation to the consolidated financial statements.

 

Basis of Measurement

 

The CODM evaluates segment performance primarily based on revenue and operating income (loss). The CODM also reviews total assets and total liabilities by segment to assess resource allocation. Segment information is prepared on the same basis as the consolidated financial statements. There were no material intersegment transactions during the periods presented.

 

Continuing vs. Discontinued Operations

 

The Company’s legacy Snacks and Beverages operations are presented as discontinued operations and excluded from reportable segments. For comparability, the segment tables separately identify discontinued operations. See Note 14 – Discontinued Operations for further detail.

 

Reconciliations

 

The following tables present financial information for the Company’s reportable segments and include reconciling items, such as other corporate overhead, non-operating items, and discontinued operations, so that the totals reconcile directly to the consolidated statements of operations.

 

   2026   2025   2026   2025 
  

For the Three

Months Ended March 31,

  

For the Nine

Months Ended March 31,

 
   2026   2025   2026   2025 
Revenues                
Foodservice Packaging  $322,069   $-   $1,091,895   $- 
RaaS   5,869    931    37,986    1,681 
Hotel   2,381,085    -    4,551,198    - 
Other Corporate Overhead   -    -    -    - 
Revenues - continuing operations   2,709,023    931    5,681,079    1,681 
Revenues - discontinued operations   -    1,681    -    41,551 
Total  $2,709,023   $2,612   $5,681,079   $43,232 
                     
Costs and expenses                    
Foodservice Packaging  $555,526   $-   $1,947,263   $- 
RaaS   898,624    82,628    2,110,278    85,798 
Hotel   3,095,156    -    6,239,172    - 
Other Corporate Overhead   2,329,473    1,529,503    5,235,168    1,891,763 
Costs and expenses - continuing operations   6,878,779    1,612,131    15,531,881    1,977,561 
Costs and expenses - discontinued operations   487    13,686    3,050    210,390 
Total  $6,879,266   $1,625,817   $15,534,931   $2,187,951 
                     
Loss from operations                    
Foodservice Packaging  $(233,457)  $-   $(855,368)  $- 
RaaS   (892,755)   (81,697)   (2,072,292)   (84,117)
Hotel   (714,071)   -    (1,687,974)   - 
Other Corporate Overhead   (2,329,473)   (1,529,503)   (5,235,168)   (1,891,763)
Loss from continuing operations   (4,169,756)   (1,611,200)   (9,850,802)   (1,975,880)
Loss from discontinued operations   (487)   (12,005)   (3,050)   (168,839)
Total  $(4,170,243)  $(1,623,205)  $(9,853,852)  $(2,144,719)
                     
Other income (expense) - net                    
Foodservice Packaging  $327  $-   $(19,085)  $- 
RaaS   (10,196)   70,900    (484)   70,900 
Hotel   (554,783)   -    (1,281,896)   - 
Other Corporate Overhead   (685,789)   (969,473)   (2,249,222)    (1,706,735)
Other expense - continuing operations   (1,250,441)   (898,573)   (3,550,687)   (1,635,835)
Other expense - discontinued operations   -    (19,774)   -    (5,215)
Total  $(1,250,441)  $(918,347)  $(3,550,687)  $(1,641,050)
                     
Net loss                    
Foodservice Packaging  $(233,130)  $-   $(874,453)  $- 
RaaS   (902,951)   (10,797)   (2,072,776)   (13,217)
Hotel   (1,268,854)   -    (2,969,870)   - 
Other Corporate Overhead   (3,015,262)   (2,498,976)   (7,484,390)   (3,598,498)
Net loss from continuing operations   (5,420,197)   (2,509,773)   (13,401,489)   (3,611,715)
Net loss from discontinued operations   (487)   (31,779)   (3,050)   (174,054)
Total  $(5,420,684)  $(2,541,552)  $(13,404,539)  $(3,785,769)

 

 

NIGHTFOOD HOLDINGS, INC. AND SUBSIDIARIES

DBA TECHFORCE ROBOTICS

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026

 

   March 31, 2026   June 30, 2025 
         
Total Assets          
Foodservice Packaging  $7,723,431   $5,986,956 
RaaS   1,498,432    1,299,198 
Hotel   119,158,001    - 
Other Corporate Overhead   597,567    38,380 
Assets - continuing operations   128,977,431    7,324,534 
Assets - discontinued operations   -    - 
Total  $128,977,431   $7,324,534 
           
Total Liabilities          
Foodservice Packaging  $3,617,405   $1,642,420 
RaaS   580,211    275,801 
Hotel   29,187,912    - 
Other Corporate Overhead   12,585,440    9,550,421 
Liabilities - continuing operations   45,970,968    11,468,642 
Liabilities - discontinued operations   392,091    479,005 
Total  $46,363,059   $11,947,647