SEGMENT REPORT

12 Months Ended

Dec. 31, 2025

SEGMENT REPORT

SEGMENT REPORT

NOTE 16 - SEGMENT REPORT

In its operation of the business, management, including our chief operating decision maker, who is also our CEO, reviews certain financial information, including segmented internal profit and loss statements. All the revenue generating activity is undertaken and assets are held in eastern Kentucky, Indiana, and Limpopo, South Africa.

For all of the segments, the CODM uses segment operating income (loss) in the annual budgeting and forecasting process. The CODM considers profit measures when making decisions about allocating capital and personnel to the segments. The CODM also uses segment operating income to assess the performance for each segment by comparing the results and return on assets of each segment with one another.

During the periods presented, we reported our financial performance based on the following segments: Corporate, Royalty Management Corporation (RMC), RMC Environmental Services (RMCES) and Vault Holding Corporation (Vault).

Our reportable segments are described below.

Corporate - Includes metal recovery revenue and direct cost of sales related to the maintenance of mining operations in connection with the Share Exchange Agreement with Quest Energy. In addition, certain costs are incurred at a corporate level and allocated to our segments. These allocated costs generally include corporate overhead and administrative support costs incurred as a part of a corporate program. Each allocation is measured differently based on the specific facts and circumstances of the costs being allocated and is generally based on relative gross margin or relative headcount.

RMC – To invest or purchase assets that have near and medium-term income potential to provide RMC with accretive cash flow from which it can reinvest in new assets or expand cash flow from those existing assets.

RMCES – Environmental services business that supports residential, municipal, and commercial development.

Vault – Holds a contract to manage the electrical power account for a coal mining complex in Perry County, Kentucky. The Company plans to leverage this power infrastructure to support digital currency operations, including hosting or managing mining activities.

The accounting policies of our reportable segments are the same as those described in the “Summary of Significant Accounting Policies” for the Company.

Revenue and costs are generally directly attributed to our segments. However, due to the integrated structure of our business, certain revenue recognized and costs incurred by one segment may benefit other segments.

The tables below present information about reported segments for the years ending:

	December 31, 2025
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation			Consolidated
Revenues	$	-		$	39,558		$	4,850,358	$	60,000		$	4,949,916
Gross Profit		-			39,558			705,219		60,000			804,777
Operating Income (Loss)	$	(638,892	)	$	(100,346	)	$	466,519	$	(20,898	)	$	(293,617	)

	December 31, 2024
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation			Consolidated
Revenues	$	-		$	60,859		$	686,230	$	60,000		$	807,089
Gross Profit		-			60,859			663,531		60,000			784,390
Operating Income (Loss)	$	(557,944	)	$	(126,381	)	$	393,988	$	(22,021	)	$	(312,358	)

A reconciliation of total segment revenues to total consolidated revenues and of total segment gross margin and segment operating income (loss) to total consolidated income (loss), for the years ended December 31, 2025 and 2024, is as follows:

	December 31, 2025
	Corporate - RMHC			Royalty Management  Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-		$	-		$	4,850,358		$	-		$	4,850,358
Fee Income		-			9,558			-			-			9,558
Rental Income		-			30,000			-			60,000			90,000
Total Revenue	$	-		$	39,558		$	4,850,358		$	60,000		$	4,949,916
Cost of Revenue		-			-			(4,145,139	)		-			(4,145,139	)
Gross Profit		-			39,558			705,219			60,000			804,777
Intangibles Amortization Expense		-			(56,846	)		-			-			(56,846	)
Depreciation Expense		-			-			-			(1,586	)		(1,586	)
General and Administrative Expenses		(396,177	)		(83,058	)		(238,700	)		(63,907	)		(781,842	)
Professional fees		(242,715	)		-			-			(15,405	)		(258,120	)
Total Operating Expenses		(638,892	)		(139,904	)		(238,700	)		(80,898	)		(1,098,394	)
Segment Net (Loss) Income from Operations	$	(638,892	)	$	(100,346	)	$	466,519		$	(20,898	)	$	(293,617	)
Reconciliation to Net (Loss) Income:
Other Income (Expense)
Interest income		-			157,198			-			-			157,198
Income from Investment		-			12,736			-			-			12,736
Loss on Warrant Fair Value Adjustment		(584,132	)		-			-			-			(584,132	)
Interest Expense		-			(19,075	)		-			-			(19,075	)
Total Other (Expense) Income		(584,132	)		150,859			-			-			(433,273	)
Net (Loss) Income	$	(1,223,024	)	$	50,513		$	466,519		$	(20,898	)	$	(726,890	)

	December 31, 2024
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-			-			686,230			-		$	686,230
Fee Income		-			30,859			-			-			30,859
Rental Income		-			30,000			-			60,000			90,000
Total Revenue	$	-		$	60,859		$	686,230		$	60,000		$	807,089
Cost of Revenue		-			-			(22,699	)		-			(22,699	)
Gross Profit		-			60,859			663,531			60,000			784,390
Intangibles Amortization Expense		-			(56,846	)		-			-			(56,846	)
Depreciation Expense		-			-			-			(1,586	)		(1,586	)
General and Administrative Expenses		(306,744	)		(130,394	)		(268,343	)		(55,888	)		(761,369	)
Professional fees		(251,200	)		-			(1,200	)		(24,547	)		(276,947	)
Total Operating Expenses		(557,944	)		(187,240	)		(269,543	)		(82,021	)		(1,096,748	)
Segment Net (Loss) Income from Operations	$	(557,944	)	$	(126,381	)	$	393,988		$	(22,021	)	$	(312,358	)
Reconciliation to Net (Loss) Income:
Other Income (Expense)
Interest income		-			152,123			-			-			152,123
Income from Investment		-			5,491			-			-			5,491
Gain on Warrant Fair Value Adjustment		175,864			-			-			-			175,864
Interest Expense		-			(135,381	)		-			-			(135,381	)
Total Other (Expense) Income		175,864			22,233			-			-			198,097
Net (Loss) Income	$	(382,080	)	$	(104,148	)	$	393,988		$	(22,021	)	$	(114,261	)

Assets are not allocated to segments for internal reporting presentations. Total assets, by segment were as follows:

	December 31, 2025			December 31, 2024
Corporate - RMHC	$	(1,303	)	$	316
Royalty Management Corporation - Investments		13,228,315			13,058,839
RMC Environmental Services		1,716,360			342,346
Vault Holding Corporation		1,709,151			1,639,163
Consolidated	$	16,652,523		$	15,040,664