SEGMENT REPORT

6 Months Ended

Jun. 30, 2026

SEGMENT REPORT

SEGMENT REPORT

NOTE 15 – 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 three and six months ending:

	Three Months Ended June 30, 2026
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation		Consolidated
Revenues	$	-		$	9,769		$	1,807,045	$	15,000	$	1,831,814
Gross Profit		-			9,769			128,109		15,000		152,878
Operating Income (Loss)	$	(144,259	)	$	(15,307	)	$	68,007	$	935	$	(90,624	)

	Six Months Ended June 30, 2026
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation			Consolidated
Revenues	$	-		$	19,659		$	3,418,310	$	30,000		$	3,467,969
Gross Profit		-			19,659			311,926		30,000			361,585
Operating Income (Loss)	$	(351,400	)	$	(27,320	)	$	216,338	$	(15,050	)	$	(177,432	)

	Three Months Ended June 30, 2025
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation			Consolidated
Revenues	$	-		$	9,889		$	1,302,292	$	15,000		$	1,327,181
Gross Profit		-			9,889			200,298		15,000			225,187
Operating Income (Loss)	$	(150,121	)	$	(31,284	)	$	136,987	$	(3,729	)	$	(48,147	)

	Six Months Ended June 30, 2025
	Corporate-RMHC			Royalty Management Corporation - Investments			RMC Environmental Services		Vault Holding Corporation			Consolidated
Revenues	$	-		$	19,779		$	2,200,626	$	30,000		$	2,250,405
Gross Profit		-			19,779			433,417		30,000			483,196
Operating Income (Loss)	$	(383,925	)	$	(71,741	)	$	308,981	$	(12,673	)	$	(159,358	)

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 three and six months ended June 30, 2026 and 2025, is as follows:

	For the Three Months Ended June 30, 2026
	Corporate - RMHC			Royalty Management  Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-		$	-		$	1,807,045		$	-		$	1,807,045
Fee Income		-			2,269			-			-			2,269
Rental Income		-			7,500			-			15,000			22,500
Total Revenue	$	-		$	9,769		$	1,807,045		$	15,000		$	1,831,814
Cost of Revenue		-			-			(1,678,936	)		-			(1,678,936	)
Gross Profit		-			9,769			128,109			15,000			152,878
Intangibles Amortization Expense		-			(14,211	)		-			-			(14,211	)
Depreciation Expense		-			-			-			(1,445	)		(1,445	)
General and Administrative Expenses		(92,810	)		(10,865	)		(60,102	)		(10,370	)		(174,147	)
Professional fees		(51,449	)		-			-			(2,250	)		(53,699	)
Total Operating Expenses		(144,259	)		(25,076	)		(60,102	)		(14,065	)		(243,502	)
Segment Net Income (Loss) from Operations	$	(144,259	)	$	(15,307	)	$	68,007		$	935		$	(90,624	)
Reconciliation to Net Income (Loss):
Other Income (Expense)
Interest income		-			44,748			-			1,009			45,757
Income from Investment		-			3,324			-			-			3,324
Gain (Loss) on Warrant Fair Value Adjustment		419,714			-			-			-			419,714
Interest Expense		-			-			-			(2,951	)		(2,951	)
Total Other Income (Expense)		419,714			48,072			-			(1,942	)		465,844
Net Income (Loss)	$	275,455		$	32,765		$	68,007		$	(1,007	)	$	375,220

	For the Six Months Ended June 30, 2026
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-		$	-		$	3,418,310		$	-		$	3,418,310
Fee Income		-			4,659			-			-			4,659
Rental Income		-			15,000			-			30,000			45,000
Total Revenue	$	-		$	19,659		$	3,418,310		$	30,000		$	3,467,969
Cost of Revenue		-			-			(3,106,384	)		-			(3,106,384	)
Gross Profit		-			19,659			311,926			30,000			361,585
Intangibles Amortization Expense		-			(28,423	)		-			-			(28,423	)
Depreciation Expense		-			-			-			(2,889	)		(2,889	)
General and Administrative Expenses		(169,564	)		(18,556	)		(95,589	)		(31,635	)		(315,344	)
Professional fees		(181,835	)		-			-			(10,526	)		(192,361	)
Total Operating Expenses		(351,399	)		(46,979	)		(95,589	)		(45,050	)		(539,017	)
Segment Net Income (Loss) from Operations	$	(351,399	)	$	(27,320	)	$	216,337		$	(15,050	)	$	(177,432	)
Reconciliation to Net Income (Loss):
Other Income (Expense)
Interest income		-			91,462			-			2,007			93,469
Income from Investment		-			6,503			-			-			6,503
Gain (Loss) on Warrant Fair Value Adjustment		(194,886	)		-			-			-			(194,886	)
Interest Expense		-			-			-			(4,792	)		(4,792	)
Total Other Income (Expense)		(194,886	)		97,965			-			(2,785	)		(99,706	)
Net Income (Loss)	$	(546,285	)	$	70,645		$	216,337		$	(17,835	)	$	(277,138	)

	For the Three Months Ended June 30, 2025
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-			-			1,302,292			-		$	1,302,292
Fee Income		-			2,389			-			-			2,389
Rental Income		-			7,500			-			15,000			22,500
Total Revenue	$	-		$	9,889		$	1,302,292		$	15,000		$	1,327,181
Cost of Revenue		-			-			(1,101,994	)		-			(1,101,994	)
Gross Profit		-			9,889			200,298			15,000			225,187
Intangibles Amortization Expense		-			(14,211	)		-			-			(14,211	)
Depreciation Expense		-			-			-			(396	)		(396	)
General and Administrative Expenses		(95,517	)		(26,962	)		(63,311	)		(16,428	)		(202,218	)
Professional fees		(54,604	)		-			-			(1,905	)		(56,509	)
Total Operating Expenses		(150,121	)		(41,173	)		(63,311	)		(18,729	)		(273,334	)
Segment Net Income (Loss) from Operations	$	(150,121	)	$	(31,284	)	$	136,987		$	(3,729	)	$	(48,147	)
Reconciliation to Net Income (Loss):
Other Income (Expense)
Interest income		-			39,457			-			-			39,457
Income from Investment		-			2,621			-			-			2,621
Gain (Loss) on Warrant Fair Value Adjustment		(36,246	)		-			-			-			(36,246	)
Interest Expense		-			(7,213	)		-			-			(7,213	)
Total Other Income (Expense)		(36,246	)		34,865			-			-			(1,381	)
Net Income (Loss)	$	(186,367	)	$	3,581		$	136,987		$	(3,729	)	$	(49,528	)

	For the Six Months Ended
	June 30, 2025
	Corporate - RMHC			Royalty Management Corporation - Investments			RMC Environmental Services			Vault Holding Corporation			Consolidated
Environmental Services	$	-		$	-			2,200,626			-			2,200,626
Fee Income		-			4,779			-			-			4,779
Rental Income		-			15,000			-			30,000			45,000
Total Revenue	$	-		$	19,779		$	2,200,626		$	30,000		$	2,250,405
Cost of Revenue		-			-			(1,767,209	)		-			(1,767,209	)
Gross Profit		-			19,779			433,417			30,000			483,196
Intangibles Amortization Expense		-			(28,423	)		-			-			(28,423	)
Depreciation Expense		-			-			-			(793	)		(793	)
General and Administrative Expenses		(196,378	)		(63,097	)		(124,436	)		(31,725	)		(415,636	)
Professional Fees		(187,547	)		-			-			(10,155	)		(197,702	)
Total Operating Expenses		(383,925	)		(91,520	)		(124,436	)		(42,673	)		(642,554	)
Segment Net Income (Loss) from Operations	$	(383,925	)	$	(71,741	)	$	308,981		$	(12,673	)	$	(159,358	)
Reconciliation to Net Income (Loss):
Other Income (Expense)
Interest income		-			77,216			-			-			77,216
Income from Investment		-			4,843			-			-			4,843
Gain (Loss) on Warrant Fair Value Adjustment		(16,810	)		-			-			-			(16,810	)
Interest Expense		-			(14,174	)								(14,174	)
Total Other Income (Expense)		(16,810	)		67,885			-			-			51,075
Net Income (Loss)	$	(400,735	)	$	(3,856	)	$	308,981		$	(12,673	)	$	(108,283	)

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

	June 30, 2026		December 31, 2025
Corporate - RMHC	$	1,103	$	(1,304	)
Royalty Management Corporation - Investments		13,491,793		13,228,316
RMC Environmental Services		1,421,285		1,716,360
Vault Holding Corporation		1,908,202		1,709,151
Consolidated	$	16,822,383	$	16,652,523