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Segments Reporting
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segments Reporting

Note 8. Segment Reporting

 

The Company has three operating segments as described below:

 

  1. Legacy SSA Products, which sells recreational hookah diving systems.
     
  2. High Pressure Gas Systems, which sells high pressure air and industrial gas compressor packages.
     
  3. Ultra Portable Tankless Dive Systems, which sells next generation electric surface supply air diving systems and electric shallow dive system that are battery operated and completely portable to the user.

 

    Three months ended
March 31,
 
    Legacy SSA Products     High Pressure Gas Systems     Ultra Portable Tankless Dive Systems     Total Company  
    2021     2020     2021     2020     2021     2020     2021     2020  
Net Revenues   $ 466,043     $ 294,118     $ 150,128     $ 198,216     $ 334,598     $ 142,456     $ 950,769     $ 634,790  
Cost of Revenue     (369,826 )     (228,187 )     (81,178 )     (149,800 )     (188,793 )     (153,909 )     (639,797 )     (531,896 )
Gross Profit     96,217       65,931       68,950       48,416       145,805       (11,453 )     310,972       102,894  
Depreciation     3,812       1,116       -       -       2,418       2,417       6,230       3,533  
Loss from operations   $ (444,151 )   $ (206,656 )   $ 9,366     $ (2,771 )   $ (12,385 )   $ (81,350 )   $ (447,170 )   $ (290,777 )
                                                                 
Total Assets   $ 1,503,762     $ 1,152,136     $ 265,604     $ 138,743     $ 511,621     $ 269,759     $ 2,280,987     $ 1,560,638