v3.26.1
DISCONTINUED OPERATIONS
6 Months Ended
Jun. 30, 2026
Discontinued Operations  
DISCONTINUED OPERATIONS

NOTE 5 - DISCONTINUED OPERATIONS

 

During September 2025, the Company terminated its acquisition of CK from November 2024. The parties agreed to return the privately held common stock shares of Fast Casual and the owner of CK assumed all liabilities and obligations of CK as of June 30, 2026. The historical statement of operations of the specialty beverage business of CK for the year ended December 31, 2025 has been presented as discontinued operations in the consolidated financial statements.

 

The operating results of the Company’s discontinued operations for the six months ended June 30, 2026 and 2025 are as follows:

 

          
   For the Six months Ended
June 30,
 
   2026   2025 
REVENUES          
Beverage sales  $   $36,854 
           
COST OF SALES          
Beverage product costs       10,494 
GROSS PROFIT – BEVERAGE SALES       26,360 
           
OPERATING EXPENSES          
Operating expenses       85,199 
Professional fees       2,100 
Total operating expenses       87,299 
Loss from discontinued operations  $   $(60,939)

 

Total cash provided by operating activities of discontinued operations were $- sand $6,873, respectively, for the six months ended June 30, 2026 and 2025, respectively.