v3.26.3
SEGMENT REPORTING
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 9 – SEGMENT REPORTING

 

The services segment derives revenues from customers by providing access to its advertising technology applications, or by providing advertising technology campaign management services utilizing the Company’s technology applications. The accounting policies of the services segment are the same as those described in the summary of significant policies herein. The Chief Operating Decision Maker (CODM), which is the Company’s CEO, assesses performance for the services segment and decides how to allocate resources based on net income or loss that also is reported on the statement of operations as consolidated net income or loss. The measure of segment assets is reported on the balance sheet as total consolidated assets.

 

The CODM uses results of operations to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest into the services segment or into other parts of the entity. The technology used in customer arrangements is based on a single software platform utilized by customers or the Company in a similar manner.

 

The following table presents information about the Company’s services segment, including revenues, segment profit or loss before income taxes, and significant segment expenses for the three months ended September 30, 2026, and 2025:

      
   2026  2025
       
Revenues  $138,759   $117,074 
           
Less: cost of revenues   87,216    29,301 
           
Gross profit   51,543    87,773 
           
Less: other expenses          
Professional fees   2,537,918    979,203 
Salaries and payroll taxes   513,612    472,101 
Interest expense   240,044    231,393 
Amortization and depreciation   180,618    181,879 
Technology   141,534    84,720 
Other segment items   127,481    96,547 
Insurance   91,904    202,466 
Advertising   8,460    144 
Commissions   –    34,862 
Other (income) expense, net   (7)   (8)
Bad debt   3,034    18,222 
Licenses and permits   5,094    7,295 
           
Segment net loss and consolidated net loss  $(3,798,149)  $(2,221,051)

 

The following table presents information about the Company’s services segment, including revenues, segment profit or loss before income taxes, and significant segment expenses for the nine months ended September 30, 2026, and 2025:

       
   2026  2025
       
Revenues  $334,896   $160,795 
           
Less: cost of revenues   202,605    60,939 

 

 

          
Gross profit   132,291    99,856 
           
Less: other expenses          
Professional fees   4,337,702    3,111,251 
Salaries and payroll taxes   1,542,079    1,421,346 
Interest expense   1,147,603    589,638 
Amortization and depreciation   541,768    542,112 
Technology   436,075    460,021 
Other segment items   371,861    246,749 
Insurance   229,575    319,763 
Advertising   78,925    10,378 
Commissions   8,000    34,862 
Stock-based compensation   –    230 
Other (income) expense, net   (22)   (24)
Bad debt   22,325    32,530 
Licenses and permits   21,129    16,887 
           
Segment net loss and consolidated net loss  $(8,604,729)  $(6,685,887)