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Segments
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segments

Note 16. Segments

 

The Company has four operating segments as described below:

 

1. Legacy SSA Products, which sells recreational multi-diver surface supplied air 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.

 

4. Redundant Air Tank Systems, which manufactures and distributes a line of high pressure tanks, redundant and rescue air systems for the military and recreational diving industries

 

   Years ended 
   December 31 
   Legacy SSA Products High Pressure Gas Systems   Ultra Portable Tankless Dive Systems   Redundant Air Tank Systems   Total Company 
    2021    2020    2021    2020    2021    2020    2021    2020    2021    2020 
Net Revenues  $2,897,210   $2,721,753   $616,039   $489,590   $2,241,359   $1,344,630   $472,771   $-   $6,227,379   $4,555,973 
Cost of Revenue   (2,161,396)   (1,783,857)   (386,517)   (310,527)   (1,437,512)   (997,200)   (352,755)   -    (4,337,820)   (3,091,584)
Gross Profit   735,814    937,896    229,812    179,063    803,847    347,430    120,016    -    1,889,559    1,464,389 
Depreciation   17,447    8,916    -    -    14,479    12,089    24,546    -    56,472    21,005 
Income (Loss) from operations  $(1,778,463)  $(1,063,871)  $17,980   $(30,876)  $32,995   $(238,313)  $(125,215)  $-    (1,852,703)  $(1,333,060)
                                                   
Total Assets  $1,346,096   $1,327,465   $346,499   $245,572   $903,718   $500,043   $2,077,648   $-   $4,673,961   $2,073,080