Segment Reporting

9 Months Ended

Sep. 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

September 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	$	913,785		$	976,904		$	350,839		$	119,392		$	980,169		$	341,287		$	471,051		$	121,131		$	92,960		$	-	$	2,808,804		$	1,558,714
Cost of Revenue	$	(578,234	)		(644,525	)		(254,649	)		(84,532	)		(587,997	)		(362,566	)		(321,984	)		(92,063	)		(109,084	)		-		(1,851,948	)		(1,183,686	)
Gross Profit		335,551			332,379			96,190			34,860			392,172			(21,279	)		149,067			29,068			(16,124	)		-		956,856			375,028
Depreciation		4,370			4,517			-			-			4,479			5,165			19,054			6,639			2,637			-		30,540			16,321
Income (loss) from Operations	$	(154,666	)	$	(312,790	)	$	6,904		$	(3,155	)	$	14,699		$	(202,594	)	$	(91,169	)	$	(16,025	)	$	(48,408	)	$	-		(272,640	)		(534,504	)

Nine Months Ended

September 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	$	2,291,916		$	2,419,920		$	897,849		$	477,085		$	2,659,027		$	1,204,265		$	1,192,986		$	121,131		$	143,233		$	-	$	7,185,011		$	4,222,401
Cost of Revenue		(1,598,618	)		(1,682,597	)		(555,688	)		(279,209	)		(1,574,982	)		(885,223	)		(837,054	)		(92,063	)		(123,219	)		-		(4,689,561	)		(2,939,092	)
Gross Profit		693,298			737,323			342,161			197,876			1,084,045			319,042			355,932			29,068			20,014			-		2,495,450			1,283,309
Depreciation		13,109			13,077			-			-			13,435			10,001			68,161			6,639			2,637			-		97,342			29,717
Income (loss) from operations	$	(859,224	)	$	(1,071,220	)	$	89,068		$	46,435		$	48,922		$	(188,534	)	$	(259,274	)	$	(16,025	)	$	(45,171	)	$	-		(1,025,679	)	$	(1,229,344	)
																															-
Total Assets	$	1,511,872		$	1,679,021		$	383,827		$	314,514		$	1,193,570		$	904,386		$	2,739,757		$	2,210,009		$	249,898		$	-	$	6,078,924		$	5,107,930