XML 50 R39.htm IDEA: XBRL DOCUMENT v3.25.2

OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT REPORTING

Summarized financial information for the Company’s reportable business segments is provided for the three months ended June 30, 2025, and 2024:

SCHEDULE OF SEGMENT REPORTING

Three months ended June 30, 2025
		Video Solutions				Entertainment				Revenue cycle Management				Corporate and other				Total
Net revenues:
Product		$	438,132			$	1,740,828			$	—			$	—			$	2,178,960
Service			902,540				1,118,245				1,432,294				—				3,453,079
Total segment net revenues		$	1,340,672			$	2,859,073			$	1,432,294			$	—			$	5,632,039
Less significant segment expenses:
Cost of Revenue - Product		$	584,457			$	3,317,407			$	—			$	—			$	3,901,864
Cost of Revenue – Service and other			385,438				1,094,131				883,231				—				2,362,800
Research and development expense			183,811				—				—				—				183,811
Selling, advertising and promotional expense			183,694				95,629				3,814				—				283,137
General and administrative expense			175,918				919,792				430,968				1,468,822				2,995,500
Total segment operating income (loss)		$	(172,646	)		$	(2,567,886	)		$	114,281			$	(1,468,822	)		$	(4,095,073	)
Non-operating (expenses) income:
Interest expense																			(77,280	)
Change in fair value of derivative liabilities																			857,189
Gain on the extinguishment of liabilities																			10,619
Gain on extinguishment of debt – related party																			622,622
Other non-operating income (loss)																			64,713
Total non-operating income (loss)																			1,477,863
Income before income tax benefit (provision)																		$	(2,617,210	)
Depreciation and amortization expense		$	44,616			$	387,579			$	26,756			$	—			$	458,951
Total identifiable assets, net of eliminations		$	11,754,431			$	4,952,085			$	4,702,656			$	4,554,491			$	25,963,663

Three months ended June 30, 2024
		Video Solutions				Entertainment				Revenue cycle Management				Corporate and other				Total
Net revenues:
Product		$	620,939			$	1,586,662			$	—			$	—			$	2,207,601
Service			964,731				879,549				1,564,354				—				3,408,634
Total segment net revenues		$	1,585,670			$	2,466,211			$	1,564,354			$	—			$	5,616,235
Less significant segment expenses:
Cost of Revenue - Product		$	958,462			$	2,460,792			$	—			$	—			$	3,419,254
Cost of Revenue – Service and other			339,368				652,273				962,948				—				1,954,589
Research and development expense			545,776				—				—				—				545,776
Selling, advertising and promotional expense			364,417				360,573				3,916				—				728,906
General and administrative expense			777,686				821,087				447,166				835,992				2,881,931
Total segment operating income (loss)		$	(1,400,039	)		$	(1,828,514	)		$	150,324			$	(835,992	)		$	(3,914,221	)
Non-operating (expenses) income:
Interest expense																			(1,085,063	)
Change in fair value of derivative liabilities																			(2,818	)
Gain on the extinguishment of debt																			(68,827	)
Other non-operating income (loss), net																			60,378
Total non-operating income (loss)																			(1,096,330	)
Loss before income tax benefit (provision)																		$	(5,010,551	)
Depreciation and amortization expense		$	178,555			$	317,180			$	26,715			$	—			$	522,450
Total identifiable assets, net of eliminations		$	22,998,670			$	6,315,677			$	1,904,280			$	12,108,588			$	43,327,215

Summarized financial information for the Company’s reportable business segments is provided for the six months ended June 30, 2025, and 2024:

Six months ended June 30, 2025
		Video Solutions				Entertainment				Revenue cycle Management				Corporate and other				Total
Net revenues:
Product		$	492,364			$	2,445,416			$	—			$	—			$	2,937,780
Service			1,770,590				2,616,088				2,782,845				—				7,169,523
Total segment net revenues		$	2,262,954			$	5,061,504			$	2,782,845			$	—			$	10,107,303
Less significant segment expenses:
Cost of Revenue - Product		$	649,009			$	3,928,494			$	—			$	—			$	4,577,503
Cost of Revenue – Service and other			687,406				2,107,401				1,766,119				—				4,560,926
Research and development expense			268,228				—				—				—				268,228
Selling, advertising and promotional expense			204,211				171,492				15,475				—				391,178
General and administrative expense			459,465				1,726,582				879,600				2,313,574				5,379,221
Total segment operating income (loss)		$	(5,365	)		$	(2,872,465	)		$	121,651			$	(2,313,574	)		$	(5,069,753	)
Non-operating (expenses) income:
Interest expense																			(869,553	)
Change in fair value of derivative liabilities																			3,373,080
Gain on the extinguishment of liabilities																			2,230,716
Gain on extinguishment of debt – related party																			1,871,994
Other non-operating income (loss)																			113,388
Total non-operating income (loss)																			6,719,625
Income before income tax benefit (provision)																		$	1,649,872
Depreciation and amortization expense		$	98,285			$	728,176			$	50,360			$	—			$	876,821
Total identifiable assets, net of eliminations		$	11,754,431			$	4,952,085			$	4,702,656			$	4,554,491			$	25,963,663

Six months ended June 30, 2024
		Video Solutions				Entertainment				Revenue cycle Management				Corporate and other				Total
Net revenues:
Product		$	1,342,127			$	2,431,320			$	—			$	—			$	3,773,447
Service			1,961,836				2,411,351				2,998,952				—				7,372,139
Total segment net revenues		$	3,303,963			$	4,842,671			$	2,998,952			$	—			$	11,145,586
Less significant segment expenses:
Cost of Revenue - Product		$	1,755,956			$	3,230,691			$	—			$	—			$	4,986,647
Cost of Revenue – Service and other			694,473				1,766,821				1,933,815				—				4,395,109
Research and development expense			1,033,242				—				—				—				1,033,242
Selling, advertising and promotional expense			788,311				688,830				10,621				—				1,487,762
General and administrative expense			1,565,223				1,627,061				928,164				2,675,571				6,796,019
Total segment operating income (loss)		$	(2,533,242	)		$	(2,470,732	)		$	126,352			$	(2,675,571	)		$	(7,553,193	)
Non-operating (expenses) income:
Interest expense																			(1,733,690	)
Change in fair value of derivative liabilities																			(351,710	)
Gain on the extinguishment of liabilities																			682,345
Other non-operating income (loss), net																			2,429
Total non-operating income (loss)																			(1,400,626	)
Loss before income tax benefit (provision)																		$	(8,953,819	)
Depreciation and amortization expense		$	387,724			$	637,847			$	53,429			$	—			$	1,079,000
Total identifiable assets, net of eliminations		$	22,998,670			$	6,315,677			$	1,904,280			$	12,108,588			$	43,327,215

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration