XML 21 R10.htm IDEA: XBRL DOCUMENT

Note 3 - Disaggregation of Revenues and Segment Reporting

6 Months Ended

Jun. 30, 2025

Disaggregation of Revenues and Segment Reporting [Text Block]

NOTE 3 – DISAGGREGATION OF REVENUES AND SEGMENT REPORTING

The Company operates in three reportable segments: Water, Ceramics, and Plastics.

The Company sells products throughout the world, and sales by geographical region are as follows for the three and six months ended June 30, 2025 and 2024:

	*For the Three Months*				*For the Six Months*
	*Ended June 30,*				*Ended June 30,*
	*2025*		*2024*		*2025*		*2024*
Americas	$	1,252,870	$	329,711	$	3,486,771	$	1,526,908
Asia-Pacific		376,413		92,535		510,868		435,496
Europe		3,205,345		3,285,925		5,454,530		5,936,840
Middle East & Africa		122,861		776,891		122,861		821,162
Total revenue	$	4,957,489	$	4,485,062	$	9,575,030	$	8,720,406

The Company’s sales by segment are as follows for the three and six months ended June 30, 2025 and 2024:

	*For the Three Months*				*For the Six Months*
	*Ended June 30,*				*Ended June 30,*
Revenues	*2025*		*2024*		*2025*		*2024*
Water	$	2,442,696	$	1,870,625	$	5,136,418	$	3,419,291
Ceramics		1,299,412		1,665,138		2,253,258		3,471,474
Plastics		1,215,381		949,299		2,185,354		1,829,641
Corporate		-		-		-		-
Total revenues	$	4,957,489	$	4,485,062	$	9,575,030	$	8,720,406

The Company’s income and total assets by segment are as follows:

	*For the Three Months*						*For the Six Months*
	*Ended June 30,*						*Ended June 30,*
Net loss	*2025*			*2024*			*2025*			*2024*
Water		(187,961	)		(254,251	)		(261,305	)		(688,739	)
Ceramics		(790,593	)		(340,160	)		(1,794,153	)		(1,318,834	)
Plastics		(37,689	)		(240,414	)		(155,169	)		(514,181	)
Corporate		(1,144,543	)		(1,276,875	)		(2,308,501	)		(1,978,241	)
Total net loss		(2,160,786	)		(2,111,700	)		(4,519,128	)		(4,499,995	)

	*As of*
	*June 30,*		*December 31,*
Total assets	*2025*		*2024*
Water	$	8,893,465	$	8,235,726
Ceramics		10,258,473		10,679,025
Plastics		2,156,260		1,670,644
Corporate		10,413,208		11,842,084
Total assets	$	31,721,406	$	32,427,479