v3.26.1
Discontinued Operations And Disposals (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Discontinued Operations And Disposals [Abstract]    
Schedule of Net Loss From Discontinued Operations

Details of the net loss from discontinued operations were as follows:

 

   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
REAL PROPERTY RENTAL REVENUE  $253,839   $350,406   $253,839   $700,206 
REAL PROPERTY OPERATING EXPENSES   (153,903)   (251,077)   (153,903)   (531,467)
REAL PROPERTY OPERATING INCOME   99,936    99,329    99,936    168,739 
OTHER OPERATING EXPENSES:                    
Professional fees   45,617    47,402    45,617    106,766 
Compensation and related benefits   20,932    31,398    20,932    62,796 
Total Other Operating Expenses   66,549    78,800    66,549    169,562 
INCOME (LOSS) FROM OPERATIONS   33,387    20,529    33,387    (823)
OTHER (EXPENSE) INCOME                    
Interest expense - amortization of debt discount and debt issuance costs   
-
    (29,807)   
-
    (59,614)
Interest expense - other   (136,402)   (164,500)   (136,402)   (329,000)
Other (expense) income   
-
    (209)   
-
    19 
Total Other Expense, net   (136,402)   (194,516)   (136,402)   (388,595)
LOSS BEFORE INCOME TAXES   (103,015)   (173,987)   (103,015)   (389,418)
INCOME TAXES   
-
    
-
    
-
    
-
 
NET LOSS  $(103,015)  $(173,987)  $(103,015)  $(389,418)

Details of the net loss from discontinued operations were as follows for the years ended December 31:

 

    2025     2024  
REAL PROPERTY RENTAL REVENUE   $ 1,410,259     $ 1,333,403  
REAL PROPERTY OPERATING EXPENSES     (1,050,599 )     (1,065,574 )
REAL PROPERTY OPERATING INCOME     359,660       267,829  
OTHER OPERATING EXPENSES:                
Professional fees     184,544       231,837  
Compensation and related benefits     121,395       122,474  
Total Other Operating Expenses     305,939       354,311  
INCOME (LOSS) FROM OPERATIONS     53,721       (86,482 )
OTHER (EXPENSE) INCOME                
Interest expense - amortization of debt discount and debt issuance costs     (84,553 )     (119,228 )
Interest expense - other     (711,291 )     (658,000 )
Other income (expense)     20       (80 )
Total Other Expense, net     (795,824 )     (777,308 )
LOSS BEFORE INCOME TAXES     (742,103 )     (863,790 )
INCOME TAXES    
-
      
-
  
NET LOSS   $ (742,103 )   $ (863,790 )
Schedule of Assets and Liabilities of Discontinued Operations

The table below outlines the gain on sale described above.

 

Carrying amount of assets and liabilities:    
Cash  $288,099 
Rent receivable   58,735 
Prepaid expense   7,331 
Deferred Leasing Costs   32,600 
Property and equipment, net   2,473 
Investment in real estate, net   6,904,683 
Accrued liabilities   78,154 
Tenants’ security deposit   77,033 
Total carrying amount (net)   7,138,734 
      
Consideration from sale of subsidiary   9,000,000 
Gain on sale of subsidiary  $1,861,266 

The following table summarizes the assets and liabilities of the discontinued operations:

 

   June 30,
2026		   December 31,
2025		 
ASSETS        
CURRENT ASSETS        
Cash  $
-
   $258,999 
Rent receivable   
-
    84,898 
Prepaid expense and other current assets   
-
    12,719 
Total Current Assets   
-
    356,616 
NON-CURRENT ASSETS:          
Property and equipment, net   
-
    3,478 
Investment in real estate, net   
-
    6,925,768 
Deferred leasing costs and other non-current assets   
-
    8,523 
Total Non-current Assets   
-
    6,937,769 
Total Assets  $
-
   $7,294,385 
LIABILITIES          
CURRENT LIABILITIES:          
Accrued liabilities and other payables  $
-
   $261,077 
Note payable, net   
-
    5,800,000 
Total Current Liabilities   
-
    6,061,077 
NON-CURRENT LIABILITIES:          
Deferred rental income   
-
    23,515 
Total Non-current Liabilities   
-
    23,515 
Total Liabilities  $
-
   $6,084,592 

The following table summarizes the assets and liabilities of the discontinued operations as of December 31:

 

    2025     2024  
ASSETS            
CURRENT ASSETS            
Cash   $ 258,999     $ 198,127  
Rent receivable     84,898       80,829  
Prepaid expense and other current assets     12,719       44,276  
Total Current Assets     356,616       323,232  
NON-CURRENT ASSETS:                
Property and equipment, net     3,478       11,614  
Investment in real estate, net     6,925,768       7,022,721  
Deferred leasing costs and other non-current assets     8,523       71,794  
Total Non-current Assets     6,937,769       7,106,129  
Total Assets   $ 7,294,385     $ 7,429,361  
LIABILITIES                
CURRENT LIABILITIES:                
Accrued liabilities and other payables   $ 261,077     $ 205,317  
Note payable, net     5,800,000       5,715,447  
Total Current Liabilities     6,061,077       5,920,764  
NON-CURRENT LIABILITIES:                
Deferred rental income     23,515      
-
  
Total Non-current Liabilities     23,515      
-
  
Total Liabilities   $ 6,084,592     $ 5,920,764