Segment Reporting

6 Months Ended

Jun. 30, 2023

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 retail 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
	2023			2022			2023			2022			2023			2022			2023			2022			2023			2022			2023			2022
Net Revenues	$	607,927		$	797,022		$	340,606		$	270,193		$	586,420		$	884,271		$	479,508		$	399,479		$	57,251		$	50,274		$	2,071,712		$	2,401,239
Cost of Revenue		(479,145	)		(558,426	)		(240,254	)		(140,248	)		(376,469	)		(570,027	)		(313,568	)		(255,568	)		(36,858	)		(14,136	)		(1,446,294	)		(1,538,405	)
Gross Profit		128,782			238,596			100,352			129,945			209,951			314,244			165,940			143,911			20,393			36,138			625,418			862,834
Depreciation		4,729			4,369			-			-			7,865			2,419			28,927			24,096			3,314			-			44,835			30,884
Income (loss) from Operations	$	(34,970	)	$	(334,967	)	$	(21,006	)	$	41,705		$	(91,408	)	$	(41,248	)	$	1,052		$	(46,575	)	$	(23,529	)	$	3,237			(169,860	)		(377,848	)

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
	2023			2022			2023			2022			2023			2022			2023			2022			2023			2022			2023			2022
Net Revenues	$	1,063,307		$	1,378,131		$	575,486		$	547,010		$	1,063,335		$	1,678,858		$	872,484		$	721,935		$	136,153		$	50,274		$	3,710,765		$	4,376,208
Cost of Revenue		(896,959	)		(1,020,384	)		(364,440	)		(301,039	)		(720,985	)		(986,985	)		(601,308	)		(515,070	)		(87,630	)		(14,136	)		(2,671,322	)		(2,837,614	)
Gross Profit		166,348			357,747			211,046			245,971			342,350			691,873			271,176			206,865			48,523			36,138			1,039,443			1,538,594
Depreciation/Amortization		8,642			8,739			-			-			12,908			8,956			58,093			49,107			4,922			-			84,566			66,802
Income (loss) from operations	$	(149,245	)	$	(704,557	)	$	8,316		$	82,164		$	(194,618	)	$	34,223		$	(103,208	)	$	(168,105	)	$	(43,829	)	$	3,237			(482,582	)	$	(753,038	)
																																-
Total Assets	$	1,339,775		$	1,535,945		$	358,399		$	540,583		$	848,141		$	1,236,449		$	2,534,619		$	1,825,787		$	229,347		$	260,247		$	5,310,281		$	5,399,011