| Schedule of reportable segments |
| Schedule of reportable segments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Gas-Powered Boats |
|
Franchise |
|
Electric Boat and Development
|
|
Total |
| Net sales |
|
$ |
4,326,821 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
4,326,821 |
|
| Cost of products sold |
|
|
4,097,640 |
|
|
|
— |
|
|
|
26,841 |
|
|
|
4,124,481 |
|
| Operating expense |
|
|
1,943,927 |
|
|
|
927 |
|
|
|
2,916,563 |
|
|
|
4,861,416 |
|
| Loss from operations |
|
|
(1,714,746 |
) |
|
|
(927 |
) |
|
|
(2,943,404 |
) |
|
|
(4,659,076 |
) |
| Other income (expense) |
|
|
22,733 |
|
|
|
5,297 |
|
|
|
111,850 |
|
|
|
139,880 |
|
| Net loss |
|
$ |
(1,681,419 |
) |
|
$ |
(6,224 |
) |
|
$ |
(2,831,554 |
) |
|
$ |
(4,519,196 |
|
For the three months ended June 30,
2023
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Gas-Powered Boats |
|
Franchise |
|
Electric Boat and Development
|
|
Total |
| Net sales |
|
$ |
8,124,632 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
8,124,632 |
|
| Cost of products sold |
|
|
7,148,121 |
|
|
|
— |
|
|
|
40,796 |
|
|
|
7,188,917 |
|
| Operating expense |
|
|
2,400,942 |
|
|
|
278 |
|
|
|
1,578,722 |
|
|
|
3,979,942 |
|
| Loss from operations |
|
|
(1,424,431 |
) |
|
|
(278 |
) |
|
|
(1,619,518 |
) |
|
|
(3,044,227 |
) |
| Other income (expense) |
|
|
1,008,741 |
|
|
|
(4,122 |
) |
|
|
135,865 |
|
|
|
1,140,484 |
|
| Net loss |
|
$ |
(415,690 |
) |
|
$ |
(4,400 |
) |
|
$ |
(1,483,653 |
) |
|
$ |
(1,903,743 |
) |
For the six months ended June 30, 2024
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Gas-Powered Boats |
|
Franchise |
|
Electric Boat and Development
|
|
Total |
| Net sales |
|
$ |
9,603,164 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
9,603,164 |
|
| Cost of products sold |
|
|
9,067,098 |
|
|
|
— |
|
|
|
56,413 |
|
|
|
9,123,511 |
|
| Operating expense |
|
|
3,478,677 |
|
|
|
927 |
|
|
|
4,202,330 |
|
|
|
7,681,934 |
|
| Loss from operations |
|
|
(2,942,611 |
) |
|
|
(927 |
) |
|
|
(4,258,743 |
) |
|
|
(7,202,281 |
) |
| Other income (expense) |
|
|
93,835 |
|
|
|
(5,297 |
) |
|
|
259,352 |
|
|
|
347,890 |
|
| Net loss |
|
$ |
(2,848,776 |
) |
|
$ |
(6,224 |
) |
|
$ |
(3,999,391 |
) |
|
$ |
(6,854,391 |
) |
For the six months ended June 30, 2023
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Gas-Powered Boats |
|
Franchise |
|
Electric Boat and Development
|
|
Total |
| Net sales |
|
$ |
17,001,847 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
17,001,847 |
|
| Cost of products sold |
|
|
14,365,837 |
|
|
|
— |
|
|
|
90,737 |
|
|
|
14,456,574 |
|
| Operating expense |
|
|
4,299,093 |
|
|
|
1,399 |
|
|
|
3,658,531 |
|
|
|
7,959,023 |
|
| Loss from operations |
|
|
(1,663,083 |
) |
|
|
(1,399 |
) |
|
|
(3,749,268 |
) |
|
|
(5,413,750 |
) |
| Other income (expense) |
|
|
1,429,242 |
|
|
|
(8,184 |
) |
|
|
260,484 |
|
|
|
1,681,542 |
|
| Net loss |
|
$ |
(233,841 |
) |
|
$ |
(9,583 |
) |
|
$ |
(3,488,784 |
) |
|
$ |
(3,732,208 |
) |
|