v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
15. Segment Reporting

 

The Company’s Chief Operating Decision Maker (“CODM”) as defined under GAAP, who is the Company’s Chief Executive Officer, determined that the Company organized its operations into three segments as of June 30, 2026 (real estate development, compost sales, and logistics), compared with four segments in 2025 (real estate development, technology, compost sales, and logistics). The Compost Sales and Logistics segments are the Company’s main focus. These segments reflect the way our executive team evaluates the Company’s business performance and manages its operations. The CODM used the below financial information to assess financial performance and allocate resources. Information for the Company’s segments, is provided in the following table:

 

    Real Estate
Development		     Technology     Compost
Sales		     Logistics     Consolidated  
For the Six Months Ended June 30, 2026                              
Revenue   $ -     $ -     $ 1,996,735     $ 6,217,295     $ 8,214,030  
Cost of revenue     -       -       713,518       4,810,561       5,524,079  
Operating expenses:                                        
Payroll and related expenses     811,638       -       584,850       669,205       2,065,693  
Professional and consulting fees     1,487,676       -       265,604       201       1,753,481  
Other operating expenses     2,365,452       121       1,884,005       386,103       4,635,681  
Total operating expenses     4,664,766       121       2,734,459       1,055,509       8,454,855  
Operating (loss) income     (4,664,766 )     (121 )     (1,451,242 )     351,225       (5,764,904 )
Other income (expense)     (10,328,094 )     (1,062 )     (974,965 )     (279,192 )     (11,583,313 )
Net (loss) income   $ (14,992,860 )   $ (1,183 )   $ (2,426,207 )   $ 72,033     $ (17,348,217 )
Total assets   $ 4,216,205     $ 1,821     $ 31,381,156     $ 3,103,863     $ 38,703,045  

 

    Real Estate
Development		     Technology     Compost
Sales		     Logistics     Consolidated  
For the Three Months Ended June 30, 2026                              
Revenue   $ -     $           -     $ 1,048,773     $ 3,207,133     $ 4,255,906  
Cost of revenue     -       -       386,159       2,512,252       2,898,411  
Operating expenses:                                        
Payroll and related expenses     380,454       -       328,045       303,234       1,011,733  
Professional and consulting fees     620,179       -       47,027       -       667,206  
Other operating expenses     1,336,080       -       1,204,592       133,861       2,674,533  
Total operating expenses     2,336,713       -       1,579,664       437,095       4,353,472  
Operating (loss) income     (2,336,713 )     -       (917,050 )     257,786       (2,995,977 )
Other income (expense)     (4,361,558 )     -       (439,432 )     (222,249 )     (5,023,239 )
Net (loss) income   $ (6,698,271 )   $ -     $ (1,356,482 )   $ 35,537     $ (8,019,216 )
Total assets   $ 4,216,205     $ 1,821     $ 31,381,156     $ 3,103,863     $ 38,703,045  

 

    Real Estate
Development		     Technology     Compost
Sales		     Logistics     Consolidated  
For the Six Months Ended June 30, 2025                              
Revenue   $ -     $ 18,170     $ 425,197     $ 977,314     $ 1,420,681  
Cost of revenue     -       11,800       85,310       772,246       869,356  
Operating expenses:                                        
    Payroll and related expenses     880,812       11,214       123,204       122,196       1,137,426  
    Professional fees and consulting fees     437,180       -       25,000       5,000       467,180  
    Other operating expenses     1,785,689       -       187,697       146,542       2,119,928  
Bad debt expense     3,025,000       -       -       -       3,025,000  
Total operating expenses     6,128,681       11,214       335,901       273,738       6,749,534  
Operating (loss) income     (6,128,681 )     (4,844 )     3,986       (68,670 )     (6,198,209 )
Other income (expense)     (1,436,546 )     (3,880 )     (195,915 )     (69,400 )     (1,705,741 )
Net loss   $ (7,565,227 )   $ (8,724 )   $ (191,929 )   $ (138,070 )   $ (7,903,950 )
Total assets   $ 7,865,417     $ 7,432     $ 29,100,201     $ 2,096,785     $ 39,069,835  

 

    Real Estate
Development		     Technology     Compost
Sales		     Logistics     Consolidated  
For the three Months Ended June 30, 2025                              
Revenue   $ -     $ -     $ 425,197     $ 977,314     $ 1,402,511  
Cost of revenue     -       -       85,310       772,246       857,556  
Operating expenses:                                        
    Payroll and related expenses     440,574       -       123,204       122,196       685,974  
    Professional fees and consulting fees     151,614       -       25,000       5,000       181,614  
    Other operating expenses     1,252,474       -       187,697       146,542       1,586,713  
Bad debt expense     3,025,000       -       -       -       3,025,000  
Total operating expenses     4,869,662       -       335,901       273,738       5,479,301  
Operating (loss) income     (4,869,662 )     -       3,986       (68,670 )     (4,934,346 )
Other income (expense)     (524,294 )     -       (195,915 )     (69,400 )     (789,609 )
Net loss   $ (5,393,956 )     -     $ (191,929 )   $ (138,070 )   $ (5,723,955 )
Total assets   $ 7,865,417     $ 7,432     $ 29,100,201     $ 2,096,785     $ 39,069,835