| SEGMENT AND GEORAPHIC INFORMATION |
NOTE 8 - SEGMENT AND GEOGRAPHIC INFORMATION: Segment Performance The Company operates its business through three reportable segments. Our Chief Executive Officer (CEO) acts as our Chief Operating Decision Maker (CODM). The CODM reviews financial information presented on a segment basis for the purposes of allocating resources, evaluating financial performance, and making strategic operational decisions. The primary measure of segment profitability utilized by our CODM is Segment Operating Income, which excludes unallocated corporate expenses, interest income/expense, and income taxes. We have three reporting segments: | · | The ANV lease segment which leases land in Denmark by long term leases. | | · | The Sharx’s segment which generate commissions for the sale cargo security products. | | · | The Corporate segment, Advanced Oxygen Technologies, Inc. which does not generate revenues, but has administrative expenses. |
The following table summarizes financial information regarding each reportable segment’s results of operations for the periods presented: | | Three Months Ending September 30, | | | | 2026 | | | 2025 | | | | | | | | | Revenue by segment | | | | | | | Lease revenues | | $ | 12,092 | | | $ | 11,781 | | Commission revenues from security product sales | | | - | | | | - | | Corporate revenues | | | - | | | | - | | Total revenue | | $ | 12,092 | | | $ | 11,781 | | | | | | | | | | | Segment profitability | | | | | | | | | Lease income (loss) | | $ | 11,813 | | | $ | 11,237 | | Commission income (loss) from security product sales | | | - | | | | - | | Corporate income (loss) | | | (13,275 | ) | | | (12,210 | ) | Total segment profitability | | $ | (1,462 | ) | | $ | (3,445 | ) |
The following table presents net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region. All of the assets are land that are held by the Company’s subsidiary, ANV. Three Months Ending September 30: | | 2026 | | | 2025 | | Net Sales | | | | | | | United States | | $ | - | | | $ | - | | Denmark | | | 12,092 | | | | 11,781 | | Total | | $ | 12,092 | | | $ | 11,781 | |
As of September 30, 2026 and June 30, 2026 | | Sept 30, 2026 | | | June 30, 2026 | | Long-Lived Assets | | | | | | | United States | | $ | - | | | $ | - | | Denmark | | | 612,455 | | | | 616,768 | | Total | | $ | 612,455 | | | $ | 616,768 | |
Three Months Ending September 30, 2026 | | | ANV | | | Sharx | | | Corporate | | | Total | | | | | | | | | | | | | | | Net sales | | $ | 12,092 | | | $ | - | | | $ | - | | | $ | 12,092 | | Operating income | | $ | 11,813 | | | $ | - | | | $ | (13,275 | ) | | $ | (1,462 | ) | Interest expense | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Total assets | | $ | 643,480 | | | $ | - | | | $ | 150 | | | $ | 643,630 | |
Three Months Ending September 30, 2025 | | | ANV | | | Sharx | | | Corporate | | | Total | | | | | | | | | | | | | | | Net sales | | $ | 11,781 | | | $ | - | | | $ | - | | | $ | 11,781 | | Operating (loss) income | | $ | 11,237 | | | $ | - | | | $ | (12,210 | ) | | $ | (973 | ) | Interest expense | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Total assets | | $ | 681,062 | | | $ | - | | | $ | 150 | | | $ | 681,212 | |
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