Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-Q/A
Source: 0001731122-25-000254
Chunk: 27

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-Q/A
Chunk 27
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             |
|:---------------------------------------|:----|:---------------|-----------:|:----|:-------|------------:|
| United States                          |     | $              |  4,960,737 |     | $      |   2,856,326 |
| Netherlands                            |     |                | 48,377,817 |     |        | 118,976,311 |
|                                        |     | $              | 53,338,554 |     | $      | 121,832,637 |

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 quarter ended September 30, 2024, is as follows:

| Schedule of information regarding segment reporting |     | RENB |           |     | RENC |            |     | Total |            |
|:----------------------------------------------------|:----|:-----|----------:|:----|:-----|-----------:|:----|:------|-----------:|
| General and administrative                          |     | $    | 4,548,449 |     | $    |    752,802 |     | $     |  5,301,251 |
| Research and development                            |     |      |   381,686 |     |      |      8,503 |     |       |    390,189 |
| Goodwill impairment                                 |     |      |         — |     |      | 47,614,729 |     |       | 47,614,729 |
| Depreciation and amortization                       |     |      |    30,602 |     |      |      1,783 |     |       |     32,385 |
| Segment operating loss                              |     | $    | 4,960,737 |     | $    | 48,377,817 |     | $     | 53,338,554 |

Geographic information:

RENB and
RENC are managed on a worldwide basis but operate in offices located in the United Stated and the Netherlands, respectively. The geographic
information analyses the Company’s operations and assets based on the