Annual report pursuant to Section 13 and 15(d)

Segment (Tables)

v3.22.1
Segment (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of segment information
               
Boat   2021   2020
Net sales   $ 15,757,435     $ 11,063,619  
Cost of products sold     9,483,158       6,289,316  
Operating expense     7,461,787       4,053,469  
Income (loss) from operations     (1,187,510 )   $ 720,834  
Other income     699,486       —  
Net loss   $ (488,024 )   $ —  
                 
Franchise                
Net sales   $ 16,735     $ —  
Cost of products sold     15,226       —  
Operating expense     63,173       —  
Income (loss) from operations     (61,664 )     —  
Other loss     (3,769 )     —  
Net loss   $ (65,433 )   $ —  
                 
Electric Boat and Development                
Net sales   $ —     $ —  
Cost of products sold     —       —  
Operating expense     381,547       —  
Loss from operations     (381,547 )     —  
Other loss     (76,005 )     —  
Net loss   $ (457,552 )   $ —