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Segment
 3 Months Ended
Jul. 31, 2025
Segment Reporting [Abstract]  
Segment

Note 16 – Segment

 

The Company has one operating segment and therefore one reportable segment relating to its business selling environmental control and other technologies for the CEA industry. The Company’s chief operating decision maker (“CODM”), the CEO, manages the Company’s operations on a consolidated basis as one operating segment for the purpose of evaluating financial performance and allocating resources.

 

The accounting policies of the Company’s segment are the same as those described in the summary of significant accounting policies. The chief operating decision maker uses net income (loss), as reported on the Consolidated Statements of Income, to assess performance and allocate resources. The significant segment expense categories regularly provided to the chief operating decision maker are the same as those included on the Consolidated Statements of Operations. The measure of segment assets is total assets as reported on the Consolidated Balance Sheets.

 

The chief operating decision maker uses net income to assess performance by examining period-over-period trends, benchmarking to the Company’s competitors, and monitoring budget versus actual results. The chief operating decision maker uses net income to evaluate income generated from segment assets in deciding whether to reinvest profits into the segment or into other parts of the entity.

 

 

CEA Industries Inc.

Notes to Condensed Consolidated Financial Statements

July 31, 2025

(in US Dollars except share numbers)

(Unaudited)