v3.26.1
Reportable Segments and Geographic Areas
 6 Months Ended
Jun. 30, 2026
Reportable Segments and Geographic Areas [Abstract]  
Reportable Segments and Geographic Areas
20. Reportable Segments and Geographic Areas

 

The Company’s continuing operations consist of three reportable segments: (i) corporate, treasury and biosciences (ii) IT packaging solutions (iii) precision engineering and machining. The Chief Executive Officer has been identified as the Chief Operating Decision Maker (CODM).

 

The following is a summary of the Company’s operations for the six months ended June 30, 2026, and assets and liabilities as of June 30, 2026, split between reportable segments:

 

   Corporate,
Treasury and
Biosciences		   IT Packaging
Solutions		   Precision
Engineering
and Machining		   Total 
Revenue  $
-
   $364,567   $1,624,037   $1,988,604 
Cost of sales  $
-
   $188,445   $1,183,994   $1,372,439 
Gross profit  $
-
   $176,122   $440,043   $616,165 
                     
Expenses  $5,557,467   $222,916   $1,996,165   $7,776,548 
Other income (expense)  $(717,271)  $
-
   $(68,078)  $(785,349)
Net loss from continuing operations  $(6,274,738)  $(46,794)  $(1,624,200)  $(7,945,732)
                     
Current Assets  $17,962,603   $386,430   $2,483,917   $20,832,950 
Non-current assets  $2,107,242   $1,483,782   $12,140,522   $15,731,546 
Total Assets  $20,069,845   $1,870,212   $14,624,439   $36,564,496 
                     
Current liabilities  $13,110,256   $30,308   $2,187,983   $15,328,547 
Non-current liabilities  $30,972   $356,982   $4,111,096   $4,499,050 
Total Liabilities  $13,141,228   $387,290   $6,299,079   $19,827,597 
                     
Total Equity  $6,928,617   $1,482,922   $8,325,360   $16,736,899 

 

All of the Company’s revenue is generated with customers located in the United States. The majority of the Company’s continuing operations are conducted from and its assets are located in the United States. PMGC Research, the Company’s Canadian subsidiary, was located in Canada and provided limited operational support and research.