| Disposal Groups, Including Discontinued Operations |
|
|
|
|
|
|
|
| Year Ended
|
|
|
|
|
|
|
|
| December 31,
|
|
|
|
|
| 2025
|
| 2024
|
Net revenues
|
|
| $31,758,881
|
| $19,895,282
|
Cost of revenue
|
|
|
|
| 27,182,144
|
| 14,904,279
|
|
| Gross profit
|
| 4,576,737
|
| 4,991,003
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses:
|
|
|
|
|
|
|
|
| Selling, general and administrative
|
| 7,293,684
|
| 5,481,303
|
| Impairment of long-lived assets
|
| 1,998,538
|
| -
|
|
| Total operating expenses
|
| 9,292,222
|
| 5,481,303
|
|
|
|
|
|
|
|
|
|
|
|
Loss from discontinued operations
|
|
|
|
| (4,715,485)
|
| (490,300)
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense):
|
|
|
|
|
|
|
|
| Interest expense
|
|
|
|
| (1,204)
|
| (1,940,832)
|
|
| Total other expense, net
|
| (1,204)
|
| (1,940,832)
|
|
|
|
|
|
|
|
|
|
|
|
Provision for income taxes
|
| -
|
| -
|
Net loss from discontinued operations, net of tax
|
| $(4,716,689)
|
| $(2,431,132)
|
|
| Disposal Groups, Including Discontinued Operations |
Current assets of discontinued operations:
|
|
|
| |
Cash
|
|
|
|
|
|
|
| $84,799
|
Total current assets of discontinued operations
|
|
|
| $84,799
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities of discontinued operations:
|
|
|
|
|
Accounts payable
|
|
|
| 3,308,519
|
Accrued liabilities
|
|
|
| 4,204,496
|
Right of use liability (reclassified to current)
|
|
|
| 1,765,842
|
Notes payable (reclassified to current)
|
|
|
| 4,044,083
|
Total current liabilities of discontinued operations
|
|
|
| $13,322,940
|
|
| Disposal Groups, Including Discontinued Operations |
| 2025
| 2024
|
Net cash provided by operating activities
| $2,049,125
| $2,330,636
|
Net cash used in investing activities
| (233,544)
| (1,960,313)
|
Net cash used in financing activities
| (73,000)
| (232,500)
|
|