AMC Robotics Corp Segments Disclosure

 

15.	SEGMENT REPORTING

 

The Company determines its reportable operating segments using the “management approach” in accordance with ASC 280, Segment Reporting. Under this approach, operating segments are based on the internal reporting structure used by the Company’s chief operating decision maker (“CODM”) to allocate resources and assess operating performance.

 

The Company’s Chief Executive Officer serves as the CODM and evaluates segment performance primarily based on segment revenue and segment net income (loss).

 

The Company operates online stores on e-commerce platforms with separate platform accounts serving North America and Europe. Accordingly, the Company has identified two2 primary operating segments: (1) North America and (2) Europe. Revenue generated through these e-commerce platforms is the primary performance indicator because the Company’s business model is based on selling products through online marketplace stores.

 

In addition, the Company previously consolidated two variable interest entities (“VIEs”), Xiaoyun and Yishijue, which operated in China. As a result, for purposes of geographic presentation, the Company presents financial information for three geographic areas: North America, Europe, and China. No revenue was generated from China during the year ended December 31, 2025.

 

 

Segment revenues are directly attributed to the geographic region in which the sales are generated. Cost of revenues and operating expenses are allocated based on the relative proportion of revenue generated by each segment. Interest income and interest expense are allocated based on the use of underlying assets or liabilities within each segment.

 

Other segment expenses primarily include Amazon storage fees, employee medical insurance expenses, software subscription fees, and business license and permit expenses. These costs are not material individually and are therefore not presented separately.

 SCHEDULE OF SEGMENT REPORTING

		North America				Europe				China				Total				North America				Europe				China				Total
		Years ended																Years ended
		December 31,																December 31,
		2025																2024
		North America				Europe				China				Total				North America				Europe				China				Total
REVENUES
Product revenue		$	1,558,592				787,882				-				2,346,474			$	5,454,400			$	1,985,499			$	-			$	7,439,899
Product revenue - related party			387,136				128,620				-				515,756				6,270				-				-				6,270
Revenue share – related party			1,968,655				927,301				-				2,895,956				2,020,232				734,556				-				2,754,788
Intelligent Information service			151,364				71,297				-				222,661				-				-				-				-
Total Revenues			4,065,747				1,915,100								5,980,847				7,480,902				2,720,055				-				10,200,957
Less:
Cost of Revenue:
E-commerce platform expenses			455,738				214,667				-				670,405				1,495,826				543,882				-				2,039,708
Product cost			1,511,260				711,853				-				2,223,113				4,401,924				1,600,539				-				6,002,463
Delivery and freight cost			48,364				22,781				-				71,145				129,401				47,050				-				176,451
Inventory impairment losses			110,832				52,205				-				163,037				972,686				353,669				-				1,326,355
Total Cost of Revenue			2,126,193				1,001,506				-				3,127,699				6,999,837				2,545,140				-				9,544,977
Gross Profit			1,939,554				913,594				-				2,853,148				481,065				174,915				-				655,980
Less:
Operating Expenses:
Marketing and advertising			416,708				196,284				-				612,992				1,455,946				529,382				-				1,985,328
Consulting fee			159,691				75,220				-				234,911				400,619				145,665				-				546,284
Warranty expense			-				-				-				-				29,865				10,859				-				40,724
Payroll expenses			197,470				93,014				-				290,484				246,716				89,706				-				336,422
Professional fees			1,032,481				486,332				-				1,518,813				674,159				245,124				-				919,283
Travel and entertainment			43,659				20,564				-				64,223				483				176				-				659
(Reversal)/provision for credit losses - related party			-				-				-				-				(925,599	)			(336,547	)			-				(1,262,146	)
Office expenses			14,857				6,998				-				21,855				6,472				2,353				-				8,825
Sales tax			20,029				9,435				-				29,464				47,217				17,168				-				64,385
State B&O tax			21				9				-				30				5,509				-				-				5,509
Other segment expenses			398,048				187,494								585,542				204,954				75,786				217				280,957
Plus:
Other Income/(Expenses):
Marketing campaign			827,708				389,878				-				1,217,586				1,305,022				474,506				-				1,779,528
Interest income			9,798				4,615				-				14,413				674				-				2				676
Loss on deconsolidation			(3,610	)			(1,700	)			-				(5,310	)			-				-				-				-
Interest expense			(16,734	)			(7,882	)			-				(24,616	)			(19,616	)			-				(7,326	)			(26,942	)
Loss from the change of the FV of Warrant Liability			(17,368,256	)			(8,181,016	)							(25,549,272	)			-				-				-				-
Other income			-				-				-				-				40,384				14,684				0				55,068
Other expense			26,971				12,704				-				39,675				(17,227	)			(6,264	)			-				(23,491	)
Less:
Income tax			(4,651	)			-								(4,651	)			7,824				-				-				7,824
Segment Net Income (Loss)		$	(16,872,183	)			(7,945,157	)			-				(24,817,342	)		$	(571,434	)		$	(196,039	)		$	(9,487	)		$	(776,960	)

 

 

The following table presents total assets by segment as of December 31, 2025 and 2024.

 

		North America				Europe				China				Total				North America				Europe				China				Total
		December 31, 2025																December 31, 2024
		North America				Europe				China				Total				North America				Europe				China				Total
TOTAL SEGMENT ASSETS		$	7,595,063			$	3,577,523			$	-			$	11,172,586			$	5,388,357			$	1,959,205			$	2,089			$	7,349,651