DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Table)

6 Months Ended

Jun. 30, 2024

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE

Income Loss from discontinued operations

	For the three months ended						For the six months ended
	June 30, 2024			June 30, 2023			June 30, 2024			June 30, 2023
REVENUES	$	849,197		$	238,456		$	1,089,874		$	238,456
COST OF REVENUES		507,615			329,119			981,711			1,259,381
GROSS PROFIT (LOSS)		341,582			(90,663	)		108,163			(1,020,925	)
OPERATING EXPENSES:
General and administrative		25,508			23,946			70,400			38,269
Professional fees		19,179			62,142			54,330			100,944
Other operating expenses		27,283			136,003			115,529			244,348
TOTAL OPERATING EXPENSES		71,970			222,091			240,259			383,561
INCOME (LOSS) FROM OPERATIONS		269,612			(312,754	)		(132,096	)		(1,404,486	)
OTHER EXPENSE:
Other miscellaneous expense		(11,116	)		(679	)		(18,277	)		(9,312	)
TOTAL OTHER EXPENSE		(11,116	)		(679	)		(18,277	)		(9,312	)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, BEFORE TAX		258,496			(313,433	)		(150,373	)		(1,413,798	)
Income tax expense		-			-			-			-
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX	$	258,496		$	(313,433	)	$	(150,373	)	$	(1,413,798	)

Assets and liabilities of discontinued operations

	June 30, 2024
	USAMSA		BRZ Home		Total
ASSETS
CURRENT ASSETS
Accounts receivable	$	45,936	$	-	$	45,936
Inventories, net		-		-		-
Prepaid expenses		4,862		-	$	4,862
Total current assets, discontinued operations		50,798		-		50,798
Properties, plants and equipment, net		5,689,446		297,873		5,987,319
IVA receivable and other assets, net		456,262		-		456,262
Total assets, discontinued operations		6,196,506		297,873		6,494,379
LIABILITIES
CURRENT LIABILITIES
Accounts payable	$	130,807	$	-	$	130,807
Accrued liabilities		15,123		-		15,123
Total current liabilities, discontinued operations		145,930		-		145,930
Asset retirement obligations		536,466		-		536,466
Total liabilities, discontinued operations	$	682,396	$	-	$	682,396