| Note 15. Segment Information - Financial Data by Segment |
| Note 17 - Segment Information
- Schedule of Operating Activities by Segment |
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Three
Months Ended September 30, 2025 |
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Financing
Solutions | |
Real
Estate Operations | |
Consolidating
Eliminations | |
Total |
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| Revenue | |
$ | 3,021,874 | | |
$ | 2,311,855 | | |
$ | — | | |
$ | 5,333,729 | |
| Significant segment-level
expenses: | |
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| Cost of
revenue | |
| 700,901 | | |
| — | | |
| — | | |
| 700,901 | |
| General
and administrative expenses | |
| 2,156,815 | | |
| 4,977,657 | | |
| — | | |
| 7,134,472 | |
| Provision
for credit losses | |
| 425,567 | | |
| 66,351 | | |
| — | | |
| 491,918 | |
| Professional
fees | |
| 717,538 | | |
| — | | |
| — | | |
| 717,538 | |
| Interest
expense | |
| 1,426,215 | | |
| 1,289,360 | | |
| — | | |
| 2,715,575 | |
| Other
segment expenses(1) | |
| 79,901 | | |
| (285 | ) | |
| — | | |
| 79,616 | |
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Nine
Months Ended September 30, 2025 |
| | |
Financing
Solutions | |
Real
Estate Operations | |
Consolidating
Eliminations | |
Total |
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| Revenue | |
$ | 9,702,278 | | |
$ | 2,311,855 | | |
$ | — | | |
$ | 12,014,133 | |
| Significant segment-level
expenses: | |
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| Cost of
revenue | |
| 2,077,306 | | |
| — | | |
| — | | |
| 2,077,306 | |
| General
and administrative expenses | |
| 6,338,059 | | |
| 4,977,657 | | |
| — | | |
| 11,315,716 | |
| Provision
for credit losses | |
| 1,472,941 | | |
| 66,351 | | |
| — | | |
| 1,539,292 | |
| Professional
fees | |
| 2,044,950 | | |
| — | | |
| — | | |
| 2,044,950 | |
| Interest
expense | |
| 4,208,832 | | |
| 1,289,360 | | |
| — | | |
| 5,498,192 | |
| Other
segment expenses(1) | |
| 27,779 | | |
| (285 | ) | |
| — | | |
| 27,494 | |
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| Total
Assets | |
$ | 83,991,864 | | |
$ | 209,900,181 | | |
$ | (92,164,272 | ) | |
$ | 201,727,773 | |
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Three
Months Ended September 30, 2024 |
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Financing
Solutions | |
Real
Estate Operations | |
Consolidating
Eliminations | |
Total |
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| Revenue | |
$ | 3,113,693 | | |
$ | — | | |
$ | — | | |
$ | 3,113,693 | |
| Significant segment-level
expenses: | |
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| Cost of
revenue | |
| 602,641 | | |
| — | | |
| — | | |
| 602,641 | |
| General
and administrative expenses | |
| 1,916,196 | | |
| — | | |
| — | | |
| 1,916,196 | |
| Provision
for credit losses | |
| 543,902 | | |
| — | | |
| — | | |
| 543,902 | |
| Professional
fees | |
| 610,057 | | |
| — | | |
| — | | |
| 610,057 | |
| Interest
expense | |
| 1,251,370 | | |
| — | | |
| — | | |
| 1,251,370 | |
| Other
segment expenses(1) | |
| 7,834 | | |
| — | | |
| — | | |
| 7,834 | |
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Nine
Months Ended September 30, 2024 |
| | |
Financing
Solutions | |
Real
Estate Operations | |
Consolidating
Eliminations | |
Total |
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| Revenue | |
$ | 9,566,571 | | |
$ | — | | |
$ | — | | |
$ | 9,566,571 | |
| Significant segment-level
expenses: | |
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| Cost of
revenue | |
| 1,727,626 | | |
| — | | |
| — | | |
| 1,727,626 | |
| General
and administrative expenses | |
| 5,571,086 | | |
| — | | |
| — | | |
| 5,571,086 | |
| Provision
for credit losses | |
| 3,106,144 | | |
| — | | |
| — | | |
| 3,106,144 | |
| Professional
fees | |
| 1,757,637 | | |
| — | | |
| — | | |
| 1,757,637 | |
| Interest
expense | |
| 3,379,040 | | |
| — | | |
| — | | |
| 3,379,040 | |
| Other
segment expenses(1) | |
| 21,673 | | |
| — | | |
| — | | |
| 21,673 | |
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| Total
Assets | |
| 26,484,966 | | |
| — | | |
| (9,284,590 | ) | |
| 17,200,376 | |
(1)Other
segment expenses consist of foreign exchange losses and other losses. These are disclosed in the condensed consolidated statements of
operations and comprehensive loss.
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For
the Years Ended |
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December
31, |
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2024 | |
2023 |
| Revenue | |
$ | 12,787,262 | | |
$ | 11,800,228 | |
| Cost of revenue | |
| (2,358,114 | ) | |
| (3,497,364 | ) |
| General
and administrative expenses | |
| (7,814,809 | ) | |
| (5,318,338 | ) |
| Selling,
general and administrative expenses | |
| (4,019,840 | ) | |
| (5,561,517 | ) |
| Professional
fees | |
| (2,517,381 | ) | |
| (1,728,146 | ) |
| Other
segment expenses | |
| (4,679,843 | ) | |
| (3,368,070 | ) |
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