Distribution Agreements - The company entered into a sole distributorship agreement for the distribution of its products in the European Union and several Middle Eastern countries on September 10, 2024[47]. Revenue and Accounts Receivable - For the year ended June 30, 2024, Pro-Link, Inc. accounted for 14% of revenue, while Consensus Group and Tharaldson Hospitality each accounted for 28% of accounts receivable[49]. Patents and Technology - The company has 14 patents for its technology, which allows its machines to produce ozone in the form of nanobubbles[53]. - The company holds 14 patents and has two patents pending, with one in the United States and another in Canada[64]. Environmental Impact - A two-year study at a major Vancouver hospital found that clients using the aqueous ozone technology used 90% less water compared to traditional cleaning methods[57]. - The company aims to reduce packaging waste and carbon footprint by replacing traditional cleaners with aqueous ozone dispensers[57]. Marketing and Product Development - The company plans to expand its marketing efforts and create partnerships with major sports and entertainment arenas to penetrate key industries[60]. - The company is developing consumer-focused products for online and retail markets, targeting health care, food service, and commercial cleaning industries[63]. Employment - As of June 30, 2024, the company had seven full-time employees, all based in the United States[67]. Regulatory Compliance - The company is subject to multiple U.S. government regulations, including those from the EPA and FDA, regarding the use of ozone in its products[68][69].
CleanCore Solutions, Inc.(ZONE) - 2024 Q4 - Annual Report