Company: LNAI
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001731122-25-001316
Chunk: 630

Company: Lunai Bioworks Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 5
Chunk 630
---
 the summary of significant accounting policies.

    Schedule of segment operating loss and
    asset information 

    Operating loss 
    Assets
  
    United States (RENB) 
    $15,530,056  
    $1,907,647 
  
    United States (BioSymetrics) 
     237,880  
     6,109,643 
  
    Netherlands (RENC) 
     173,198,066  
     213,550 

    $188,966,002  
    $8,230,840 

The chief
operating decision maker uses loss from operations to evaluate the performance of each segment’s assets in deciding how to allocate
available capital between segments. The chief operating decision maker also uses loss from operations in their competitive analysis by
benchmarking the Company’s competitors. The competitive analysis along with the monitoring of budgeted versus actual results are
used in assessing the performance of the segment.

Information
regarding each reportable segment for the year ended June 30, 2025 is as follows:

    Schedule of information regarding segment reporting 

    RENB 
    BioSymetrics 
    RENC 
    Total
  
    General and administrative 
    $14,904,855  
    $211,401  
    $2,763,794  
    $17,880,050 
  
    Research and development 
     502,896  
     26,029  
     8,503  
     537,428 
  
    Goodwill impairment 
     —  
     —  
     170,419,429  
     170,419,429 
  
    Depreciation and amortization 
     122,305  
     450  
     6,340  
     129,095 

    Segment operating loss 
    $15,530,056  
    $237,880  
    $173,198,066  
     188,966,002 

Geographic information:

RENB,
BioSymetrics and RENC are managed on a worldwide basis but operate in offices located in the United States and the Netherlands, respectively.
The geographic information analyses the Company’s operations and assets based on the country in which each segment operates. In
presenting this geographic information, segment operating results have been based on the geographic location in which the services were
provided to the segment and segment assets were based on