SEGMENT AND GEOGRAPHIC INFORMATION

3 Months Ended

Sep. 30, 2022

SEGMENT AND GEOGRAPHIC INFORMATION

Note 8 - Segment And Geographic Information

NOTE 8 - Segment and Geographic Information

Segment Performance

We have three reporting segments:

● The ANV lease segment which leases land in Denmark by long term leases.

● The Sharx’s segment which generate commissions for the sale cargo security products.

● The Corporate segment, Advanced Oxygen Technologies, Inc. which does not generate revenues, but has administrative expenses.

The following table summarizes financial information regarding each reportable segment’s results of operations for the periods presented:

	Three Months Ending September 30,
	2022			2021
Revenue by segment
Lease revenues	$	8,976		$	10,181
Commission revenues from security product sales		—			—
Corporate revenues		—			—
Total revenue	$	8,976		$	10,181
Segment profitability
Lease income (loss)	$	6,590		$	7,295
Commission income (loss) from security product sales		(15	)		(41	)
Corporate income (loss)		(9,825	)		(8,825	)
Total segment profitability	$	(3,250	)	$	(1,571	)

The following table presents net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region. All of the assets are land that are held by the Company’s subsidiary, ANV.

Three Months Ending September 30:	2022		2021
Net Sales
United States	$	-	$	-
Denmark		8,976		10,181
Total	$	8,976	$	10,181

As of September 30, 2022 and June 30, 2022	Sept 30, 2022		June 30, 2022
Long-Lived Assets
United States	$	-	$	-
Denmark		533,598		566,856
Total	$	533,598	$	566,856

Three Months Ending September 30, 2022
	ANV			Sharx		Corporate			Total
Net sales	$	8,976		$	—	$	—		$	8,976
Operating income (loss)	$	8,714		$	34	$	(9,825	)	$	(1,145	)
Interest expense	$	(265	)	$	—	$	—		$	(265	)
Total assets	$	619,307		$	2,396	$	150		$	621,853

Three Months Ending September 30, 2021
	ANV			Sharx			Corporate			Total
Net sales	$	10,181		$	—		$	—		$	10,181
Operating (loss) income	$	99,881		$	(41	)	$	(8,825	)	$	(1,015	)
Interest expense	$	(529	)	$	—		$	—		$	(529	)
Total assets	$	670,425		$	5,837		$	150		$	676,412