Segment Reporting

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Reporting

Note 10. Segment Reporting

The Company has five operating segments as described below:

1.	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 and redundant air systems for the military and recreational diving industries.
5.	Guided Tour and Retail, which provides guided tours using the BLU3 technology, and also operates as a reteal store for the diving community.

Three Months Ended

June 30

(unaudited)

	Legacy SSA Products						High Pressure Gas Systems						Ultra Portable Tankless Dive Systems						Redundant Air Tank Systems					Guided Tour Retail					Total Company
	2022			2021			2022			2021			2022			2021			2022			2021		2022			2021		2022			2021
Net Revenues	$	797,022		$	976,973		$	270,193		$	207,565		$	884,271		$	528,380		$	399,479		$	-	$	50,274		$	-	$	2,401,238		$	1,712,918
Cost of Revenue	$	(558,426	)		(668,246	)		(140,248	)		(113,499	)		(570,027	)		(333,864	)		(255,568	)		-		(14,136	)		-		(1,538,404	)		(1,115,609	)
Gross Profit		238,596			308,727			129,945			94,066			314,244			194,516			143,911			-		36,138			-		862,834			597,309
Depreciation		4,369			4,748			-			-			4,478			2,419			24,096			-		-			-		32,943			7,167
Income from Operations	$	(334,967	)	$	(314,279	)	$	41,705		$	40,224		$	17,461		$	(41,248	)	$	(46,576	)	$	-	$	3,237		$	-		(319,140	)		(315,303	)

Six Months Ended

June 30

(unaudited)

	Legacy SSA Products						High Pressure Gas Systems						Ultra Portable Tankless Dive Systems						Redundant Air Tank Systems					Guided Tour Retail					Total Company
	2022			2021			2022			2021			2022			2021			2022			2021		2022			2021		2022			2021
Net Revenues	$	1,378,131		$	1,443,016		$	547,010		$	357,693		$	1,678,858		$	862,978		$	721,935		$	-	$	50,274		$	-	$	4,376,208		$	2,663,687
Cost of Revenue		(1,020,384	)		(1,038,072	)		(301,039	)		(194,677	)		(986,985	)		(522,657	)		(515,070	)		-		(14,136	)		-		(2,837,613	)		(1,755,406	)
Gross Profit		357,747			404,944			245,971			163,016			691,873			340,321			206,865			-		36,138			-		1,538,595			908,281
Depreciation		8,739			8,560			-			-			8,956			4,836			49,107			-		-			-		66,802			13,396
Income (loss) from operations	$	(704,557	)	$	(758,430	)	$	82,164		$	49,590		$	34,223		$	14,060		$	(168,105	)	$	-	$	3,237		$	-		(753,038	)	$	(694,780	)
																														-
Total Assets	$	1,535,945		$	1,529,702		$	540,583		$	302,088		$	1,236,449		$	673,255		$	1,825,787		$	-	$	260,247		$	-	$	5,399,011		$	2,505,045