Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.23.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of reportable business segments
For the Year Ended
December 31,
2022 2021
Revenues:
C-Bond $ 378,736 $ 434,811
Mobile Tint 1,853,910 1,042,017
2,232,646 1,476,828
Depreciation and amortization:
C-Bond 7,109 9,889
Mobile Tint 82,110 36,078
89,219 45,967
Interest expense:
C-Bond 23 1,372
Mobile Tint 20,212 3,354
Other (a) 1,599,854 278,233
1,620,089 282,959
Net (loss):
C-Bond (1,097,069 ) (2,001,725 )
Mobile Tint (192,566 ) 77,626
Other (a) (3,866,843 ) (5,204,759 )
$ (5,156,478 ) $ (7,128,858 )

(a) The Company does not allocate any general and administrative or financing expenses of its holding company activities to its reportable segments, because these activities are managed at the corporate level.
Schedule of identifiable long-lived tangible assets
December 31,
2022
December 31,
2021
Identifiable long-lived tangible assets on December 31, 2022 and 2021 by segment:
C-Bond $ 1,684 $ 8,794
Mobile Tint 94,622 126,228
$ 96,306 $ 135,022

(a) The Company does not allocate any general and administrative or financing expenses of its holding company activities to its reportable segments, because these activities are managed at the corporate level.