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

NOTE 7 - SEGMENT REPORTING

 

The Company operates as a single reportable operating segment. The Company's CODM is its CEO, who reviews financial information presented on a consolidated basis. The CODM uses revenue, cost of goods sold, consolidated operating margin and net loss to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the determination of the rate at which the Company seeks to grow its operating profit margin and the allocation of budget between cost of goods sold, professional fees, and general and administrative expenses.

 

The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2026 and 2025:

                    
   Three months ended
June 30,		   Six months ended
June 30,		 
   2026   2025   2026   2025 
Revenue  $276,218   $231,608   $903,680   $566,927 
Cost of goods sold   414,664    852,818    1,451,579    1,690,744 
Gross loss   (138,446)   (621,210)   (547,899)   (1,123,817)
                     
Operating expenses                    
General and administrative   82,739    75,952    118,553    114,593 
Professional fees   93,771    88,219    199,627    224,556 
Royalty expense   63,875    55,599    195,095    55,599 
Total operating expenses   240,385    219,770    513,275    394,748 
Loss from operations   (378,831)   (840,980)   (1,061,174)   (1,518,565)
                     
Other segment items   (1,530,211)   (572,478)   (1,229,889)   (585,487)
Net loss  $(1,909,042)  $(1,413,458)  $(2,291,063)  $(2,104,052)