XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.25.2

SEGMENT REPORTING | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
SEGMENT REPORTING | NOTE 11 – SEGMENT REPORTING Beginning on January 1, 2025, the Company operates in three operating and reportable segments which consist of (1) applying machine vision and AI to analyze high-speed objects and generate revenue from system installations, AI integrations, support, and consulting, herein known as the “Technologies” segment, (2) deploying Edge Data Centers for localized data processing in rural and underserved markets, herein known as the “Data Center Hosting & Related Services” segment, and (3) providing Asset Management Services under the AMA with New APR, managing mobile gas turbines and related assets, herein known as the “Asset Management Services” segment. The Company has determined that these reportable segments were strategic business units that offer different products and services. Currently, these reportable segments are being managed separately based on the fundamental differences in their operations. The Company’s Technologies segment applies machine vision and AI to monitor and analyze high-speed objects such as trains, trucks, automobiles, and aircraft, and generates revenue through its technology systems, AI applications, ongoing technical support, and consulting services. The Company’s Data Center Hosting & Related Services segment generates revenues through the deployment of Edge Data Centers that enable faster, localized data processing in rural and underserved markets, providing scalable solutions for enterprise and government clients. The Company’s Asset Management Services segment generates revenues through the AMA with New APR, whereby Duos Energy oversees the deployment and operation of a fleet of mobile gas turbines and balance-of-plant inventory, providing management, sales, and operations support to New APR. Corporate and unallocated amounts that do not relate to a reportable segment have been allocated to “Corporate & Unallocated.” The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer. The decisions concerning the allocation of the Company’s resources are made by the CODM with oversight by the Board of Directors. The CODM evaluates the performance of each segment and makes decisions concerning the allocation of resources based upon segment operating profit (loss), generally defined as income or loss before interest expense and income taxes. The CODM assesses segment performance by using each segment’s operating income (loss) and considers budget-to-actual variances on a periodic basis (at least quarterly) when making decisions about operational planning, including whether to invest resources into the segments or into other parts of the Company. Segment assets are reviewed by the Company’s CODM and are disclosed below. The accounting policies of the Technologies, Data Center Hosting & Related Services, and Asset Management Services segments are the same as those described in Note 1 of the Notes to Consolidated Financial Statements. Information with respect to these reportable business segments for the six months ended June 30, 2025 and 2024 was as follows: Six Months Ended June 30, 2025
Schedule of business segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Technologies |  |  | Data Center Hosting & Related Services |  |  | Asset Management Services |  |  | Corporate and Unallocated |  |  | Consolidated |
Net revenues |  | $ | 2,005,073 |  |  | $ | 8,000 |  |  | $ | 8,675,153 |  |  | $ | — |  |  | $ | 10,688,226 |
Cost of revenues |  |  | 2,205,731 |  |  |  | 15,343 |  |  |  | 5,634,537 |  |  |  | — |  |  |  | 7,855,611 |
Operating Expenses (excluding depreciation and amortization) |  |  | 3,754,058 |  |  |  | 825,690 |  |  |  | — |  |  |  | — |  |  |  | 4,579,748 |
Depreciation and amortization |  |  | 1,414,291 |  |  |  | 68 |  |  |  | — |  |  |  | — |  |  |  | 1,414,359 |
Stock Compensation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,068,819 |  |  |  | 2,068,819 |
Income (loss) from operations |  |  | (5,369,007 | ) |  |  | (833,101 | ) |  |  | 3,040,616 |  |  |  | (2,068,819 | ) |  |  | (5,230,311 | )
Interest Expense |  |  | (3,265 | ) |  |  | (406,662 | ) |  |  | — |  |  |  | — |  |  |  | (409,927 | )
Other Income |  |  | 22,951 |  |  |  | 16,096 |  |  |  | 2,636 |  |  |  | 861 |  |  |  | 42,544 |
Income (loss) before provision for income taxes |  |  | (5,349,321 | ) |  |  | (1,223,667 | ) |  |  | 3,043,252 |  |  |  | (2,067,958 | ) |  |  | (5,597,694 | )
Provision for income tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) |  | $ | (5,349,321 | ) |  | $ | (1,223,667 | ) |  | $ | 3,043,252 |  |  | $ | (2,067,958 | ) |  | $ | (5,597,694 | )
Six Months Ended June 30, 2024
|  | Technologies |  |  | Data Center Hosting & Related Services |  |  | Asset Management Services |  |  | Corporate and Unallocated |  |  | Consolidated |
Net revenues |  | $ | 2,581,176 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,581,176 |
Cost of revenues |  |  | 2,701,108 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,701,108 |
Operating Expenses (excluding depreciation and amortization) |  |  | 4,935,134 |  |  |  | 8,719 |  |  |  | — |  |  |  | — |  |  |  | 4,944,033 |
Depreciation and amortization |  |  | 712,534 |  |  |  | 34 |  |  |  | — |  |  |  | — |  |  |  | 712,388 |
Stock Compensation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 201,109 |  |  |  | 201,109 |
Income (loss) from operations |  |  | (5,767,600 | ) |  |  | (8,753 | ) |  |  | — |  |  |  | (201,900 | ) |  |  | (5,977,462 | )
Interest Expense |  |  | (1,595 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,595 | )
Other Income |  |  | 22,518 |  |  |  | 59 |  |  |  | — |  |  |  | — |  |  |  | 22,577 |
Income (loss) before provision for income taxes |  |  | (5,746,677 | ) |  |  | (8,694 | ) |  |  | — |  |  |  | (201,900 | ) |  |  | (5,956,480 | )
Provision for income tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) |  | $ | (5,746,677 | ) |  | $ | (8,694 | ) |  | $ | — |  |  | $ | (201,900 | ) |  | $ | (5,956,480 | )
Total assets by segment on June 30, 2025 and December 31, 2024:
|  | June 30, 2025 |  |  | December 31, 2024 |
Technologies |  | $ | 11,039,349 |  |  | $ | 11,819,377 |
Data Center Hosting & Related Services |  |  | 5,199,027 |  |  |  | 4,131,189 |
Asset Management Services |  |  | 8,457,623 |  |  |  | 7,530,274 |
Corporate and Unallocated |  |  | 6,437,638 |  |  |  | 11,477,837 |
|  | $ | 31,133,636 |  |  | $ | 34,958,677 |
All assets are located in the United States.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration