v3.26.1
OPERATING SEGMENTS
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
OPERATING SEGMENTS

NOTE 7 – OPERATING SEGMENTS

 

The Company’s Chief Executive Officer serves as the Chief Operating Decision Maker (“CODM”). The CODM reviews financial information, allocates resources, and assesses performance on a consolidated basis. Accordingly, the Company has determined that it operates in one reportable segment, which is identified as Consumer Home Goods.

 

The CODM evaluates segment performance primarily based on segment net loss. The measure of segment net loss includes net revenue and significant operating expenses that are regularly provided to the CODM. The Company’s operations, including sales and marketing, product design and development, and research and development consulting, are managed on a centralized basis.

 

The following table presents net revenue, significant segment expenses, and segment net loss for the Company’s single reportable segment for the years ended December 31, 2025 and 2024:

 

        
   Consumer Home Goods 
         
   December 31, 2025   December 31, 2024 
Revenue, net  $—   $143,269 
Less: Cost of goods sold   —    38,019 
Less:          
Sales and marketing   —    17,313 
Product development   2,190    6,233 
Consultancy fees   —    96,850 
Professional fees   196,668    274,559 
Other segment expenses   872,036    706,110 
Segment net loss   (1,070,894)   (995,815)
           
Other segment items include operating expenses regularly provided to the CODM that are separately disclosed above          
Reconciliation of loss:          
Other income   —    4 
Loss on disposal of equipment   (17,904)   — 
Interest expense   (27,328)   (90,943)
Loss before income taxes   (1,116,126)   (1,086,754)

 

Other segment expenses include goodwill impairment and other general and administrative expenses. Because the Company has one reportable segment, total segment assets are the same as total consolidated assets as presented in the consolidated balance sheets.