Description of Tap Real Estate Technologies Inc's Business Segments

The Company operates as a single reportable segment and has not yet generated revenue from its planned principal operations. On December 2, 2024, the Company entered into an agreement to sell its operating business to Tap Inc., resulting in operating revenues and expenses being reported within discontinued operations. The chief financial officer serves as the chief operating decision maker, evaluating performance based on total expenses, cash flows, and progress in development efforts. The operations of Ixaya and HUMBL.com, including the HUMBL Chile division, are presented as discontinued operations for the years ended December 31, 2024 and 2025, following agreements to terminate or sell these businesses.

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