Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 47

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 47
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 2024, respectively. Royalty payments actually received were $0 and $0 for the three
months ended June 30, 2025 and 2024 and $0 and $0, the six months ended June 30, 2025 and 2024, respectively. The Company’s CODM
monitors changes in market conditions, commodity prices, production volumes, and other factors, which may materially impact the recoverability
of our royalty interests.

Costs
not allocated to our two reportable segments represent activities associated with the Company’s management and headquarters functions,
especially with regard to accounting and audits for the Company and its majority-owned subsidiaries. The Company’s headquarters
functions also include monitoring our less than majority positions for value and investment security and reviewing possible acquisition
candidates and acquisition assets on an ongoing basis. These costs primarily included administrative expenses, professional service fees,
adverting and promotion expenses, travel related expenses, employee and officer salaries, employee and officer accrued benefits, employee
and officer payroll tax expenses, board fees, and depreciation expenses. See Management’s Discussion and Analysis of Financial
Condition and Results of Operations, Results of Operations for the three and six months ended June 30, 2025 compared to the three and
six months ended June 30, 2024, Selling, General, and Administrative Expenses for a further disclosure and discussion of the Company’s
management and headquarters related expenses.

Segment
information for our current operating segments is as follows:

Schedule of segment information 

    Energy  Segment  
    Historic Segment  
    Corporate and Eliminations  
    Consolidated 
  
    Three months ended June 30, 2025 

    Net revenue 
    $75,000  
    $-  
    $-  
    $75,000 
  
    Operating income (loss) 
     -  
     (442) 
     (126,290) 
     (126,732)
  
    Interest and dividend income 
     7,392  
     -  
     1  
     7,393 
  
    Interest expense 
     -  
     -  
     -  
     - 
  
    Property additions 
     -  
     -  
     -  
     - 
  
    Fixed asset depreciation and amortization 
     -  
     -  
     85  
     85 
  
    Other asset