Description of Bollinger Innovations Inc's Business Segments

The registrant's reportable operating segments include Fleet and Commercial, encompassing Government, Commercial, and Lease/Rental sectors. The company focuses on establishing relationships with fleet operators to address market opportunities related to vehicle electrification. Fleet customers make purchase decisions based on cost and company strategies, differing from retail customers. The registrant offers a portfolio of commercial electric vehicles, including the Mullen Class 1 Cargo Van (Mullen ONE) with a 42 kWh battery and 110-mile range designed for last-mile delivery and vocational services; the Mullen Class 3 (Mullen THREE), a low cab forward electric vehicle featuring an 89 kWh battery, 120-mile range, and configurable cargo options; and the Bollinger B4 Chassis Cab, a 2025 model with a proprietary electric vehicle chassis, 15,500 pounds gross vehicle weight rating, over 7,325 pounds payload capacity, dual Our Next Energy (ONE) lithium iron phosphate battery packs providing an average range of 185 miles, and versatile upfit capabilities suitable for urban and semi-urban driving.

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Composition of Bollinger Innovations Inc Revenues by Segments


Bollinger Motors Segment	-288.47 %	of total Revenue
Bollinger Commercial Segment	-224.69 %	of total Revenue

Q3 three months ended (Jun 30 2025)
Revenues by Business Segments	Revenues (in millions $)	% (of total Revenues)
Bollinger Motors Segment	0.27	-288.47 %
Bollinger Commercial Segment	0.21	-224.69 %
Total	-0.09	100 %

Q3 three months ended (Jun 30 2025)
Revenue Growth rates by Segment	Y/Y Revenue %	Q/Q Revenue %
Bollinger Motors Segment	-	-
Bollinger Commercial Segment	217.94 %	-
Total	-	-

Q3 three months ended (Jun 30 2025)
Income by Business Segments	Income (in millions $)	% (Profit Margin)
Total	-131.77	-

Q3 three months ended (Jun 30 2025)
Income Growth rates by Segment	Y/Y Income %	Q/Q Income %
Total	-	-

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