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

NOTE 8 – SEGMENT REPORTING

 

The Company adopted ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, and applied the amendments retrospectively to all prior periods presented.

 

The Company operates in a single reportable segment managed by its Chief Executive Officer, who serves as the Chief Operating Decision Maker (“CODM”). The segment information, including significant segment expenses, regularly reviewed by the CODM is as follows:

        
  

Six months ended

June 30,

 
   2026   2025 
Total segment revenues, net  $1,268,205   $230,028 
Significant Segment Expenses          
Cost of sales   245,604    79,036 
Selling, general and administrative expenses   738,227    294,383 
Other Segment Items          
Other income   902    651 
Income tax expense   67,061    – 
Total segment operating profit (loss)  $218,215   $(142,740)
           
    

June 30,

2026

    

December 31,

2025

 
Total segment assets  $1,697,329   $1,581,923 

 

As the Company operates in a single reportable segment, the segment totals for revenues, expenses, profit (loss), and assets are identical to the corresponding consolidated amounts reported in the Company’s financial statements.