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

Note 13 – Segment Reporting

 

The Company follows ASC 280, Segment Reporting, which requires that companies disclose segment data based on how management makes decision about allocating resources to segments and evaluating their performance. The Company’s chief operating decision maker, who has been identified as the Company’s chief executive officer, evaluates performance and determines resource allocations based on a number of factors, the primary measure being operating expenses. The Company has adopted the guidance in ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, in the accompanying financial statements using the retrospective method of adoption.

 

As of March 31, 2025, the Company’s remain business segment and operations is Virtual Content Production. The Company’s unaudited interim condensed consolidated results of operations and unaudited interim condensed consolidated financial position from continuing operations are all attributable to Virtual Content Production; accordingly, management believes that the consolidated balance sheets and unaudited interim condensed consolidated statements of operations and comprehensive loss provide the relevant information to assess Virtual Content Production’s performance.