INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2024

SCHEDULE OF COMPANY’S INVESTMENTS

The Company’s investments at December 31, 2024 and 2023 consisted of the following:

	2024		2023
Investments, at cost:
Lygos Inc., simple agreement for future equity (“SAFE”) agreement	$	1,000,000	$	1,000,000
Trio Opportunity Corp., 97,000 non-voting Class B shares		970,000		970,000
Investment, equity method:
Florida-based LLC		1,454,381		4,063,960
Total	$	3,424,381	$	6,033,960

Florida Based LLC [Member]

SCHEDULE OF EQUITY METHOD INVESTMENT

A summary of the activity associated with the Company’s investment in the Florida based LLC during the years ended December 31, 2024 and 2023 is follows:

Balance, December 31, 2022 – 50% interest	$	3,758,895
Company’s proportionate share of earnings		505,065
Distribution received		(200,000	)
Balance, December 31, 2023 – 50% interest		4,063,960
Company’s proportionate share of earnings		244,857
Distribution received		(510,710	)
Basis of 30.1% of interest sold		(2,343,726	)
Balance, December 31, 2024 – 19.9% interest	$	1,454,381

SUMMARY OF PROFIT AND LOSS INFORMATION RELATED TO EQUITY ACCOUNTED INVESTMENT

Summarized profit and loss information related to the Florida based LLC is as follows:

	2024		2023
Net sales	$	13,046,436	$	16,043,468
Gross profit		3,640,973		4,668,177
Net income	$	455,241	$	1,010,128