| Schedule of Reportable Business Segments |
Information with respect to these reportable business
segments for the years ended December 31, 2023 and 2022 was as follows:
| |
|
For the Year Ended
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Revenues: |
|
|
|
|
|
|
| C-Bond |
|
$ |
124,372 |
|
|
$ |
378,736 |
|
| Patriot Glass |
|
|
2,364,121 |
|
|
|
1,853,910 |
|
| |
|
|
2,488,493 |
|
|
|
2,232,646 |
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
| C-Bond |
|
|
570 |
|
|
|
7,109 |
|
| Patriot Glass |
|
|
88,289 |
|
|
|
82,110 |
|
| |
|
|
88,859 |
|
|
|
89,219 |
|
| Interest expense: |
|
|
|
|
|
|
|
|
| C-Bond |
|
|
357 |
|
|
|
23 |
|
| Patriot Glass |
|
|
34,566 |
|
|
|
20,212 |
|
| Other (a) |
|
|
440,507 |
|
|
|
1,599,854 |
|
| |
|
|
475,430 |
|
|
|
1,620,089 |
|
| Net income (loss): |
|
|
|
|
|
|
|
|
| C-Bond |
|
|
(912,436 |
) |
|
|
(1,097,069 |
) |
| Patriot Glass |
|
|
(44,289 |
) |
|
|
(192,566 |
) |
| Other (a) |
|
|
2,843,532 |
|
|
|
(3,866,843 |
) |
| |
|
$ |
1,886,807 |
|
|
$ |
(5,156,478 |
) |
| (a) | The Company does not allocate any general and administrative or financing expenses of its holding company activities to its reportable segments, because these activities are managed at the corporate level. |
|
| Schedule of Identifiable Long-Lived Tangible Assets |
| |
|
December 31,
2023 |
|
|
December 31,
2022 |
|
| Identifiable long-lived tangible assets on December 31, 2023 and 2022 by segment: |
|
|
|
|
|
|
| C-Bond |
|
$ |
- |
|
|
$ |
1,684 |
|
| Patriot Glass |
|
|
171,606 |
|
|
|
94,622 |
|
| |
|
$ |
171,606 |
|
|
$ |
96,306 |
|
| (a) | The Company does not allocate any general and administrative or financing expenses of its holding company activities to its reportable segments, because these activities are managed at the corporate level. |
|