| Segment Reporting |
Note
10 – Segment Reporting
The Company has two reportable operating segments:
(1) the manufacture and distribution of non-alcoholic and alcoholic brand beverages, and (2) the e-commerce sale of beverages. These operating
segments are managed separately and each segment’s major customers have different characteristics. Segment Reporting is evaluated
by our Chief Executive Officer and Chief Financial Officer.
Note: The Copa di Vino business is included in our
Splash Beverage Group segment.
| Schedule
of segment reporting information |
|
|
|
|
|
|
|
|
| Revenue, net |
|
March 31, 2026 |
|
March 31, 2025 |
| Splash Beverage Group |
|
|
4,224 |
|
|
|
9,594 |
|
| E-Commerce |
|
|
— |
|
|
|
59,012 |
|
| |
|
|
|
|
|
|
|
|
| Total revenues, net, continuing operations |
|
$ |
4,224 |
|
|
$ |
68,606 |
|
| Segment operating loss: |
|
March 31, 2026 |
|
March 31, 2025 |
| Splash Beverage Group |
|
|
(967,075 |
) |
|
|
(1,380,520 |
) |
| E-Commerce |
|
|
(11,895 |
) |
|
|
(277,783 |
) |
| |
|
|
|
|
|
|
|
|
| Total contribution after marketing |
|
$ |
(978,970 |
) |
|
$ |
(1,658,303 |
) |
| Reconciliation of segment loss to corporate loss: |
|
March 31, 2026 |
|
March 31, 2025 |
| Other income/expense |
|
|
49,731 |
|
|
|
(1,845 |
) |
| Amortization of debt discount |
|
|
(13,446 |
) |
|
|
(978,721 |
) |
| Interest income and expenses |
|
|
(889,455 |
) |
|
|
(637,345 |
) |
| Loss on inventory write off |
|
|
(30,078 |
) |
|
|
— |
|
| Loss on asset write off |
|
|
(271,271 |
) |
|
|
— |
|
| Change in FV of derivative |
|
|
(2,980 |
) |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
| Loss from continuing operations |
|
$ |
(2,136,469 |
) |
|
$ |
(3,276,214 |
) |
| Total assets |
|
March 31, 2026 |
|
December 31, 2025 |
| Splash Beverage Group |
|
|
743,902 |
|
|
|
938,652 |
|
| Assets of discontinued operations |
|
|
— |
|
|
|
— |
|
| E-Commerce |
|
|
26,051 |
|
|
|
27,042 |
|
| |
|
|
|
|
|
|
|
|
| Total assets |
|
$ |
769,953 |
|
|
$ |
965,694 |
|
|