XML 19 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Revenue $ 1,010,968 $ 98,611
Revenue, related party 17,016 168,522
Total revenue 1,027,984 267,133
Cost of revenue 1,058,778 385,431
Gross profit (loss) (30,794) (118,298)
Operating expenses    
Officer compensation 1,620,204 239,369
Professional fees 2,944,371 425,507
General and administrative 608,394 440,813
Impairment loss 2,673,546
Total operating expenses 7,846,515 1,105,689
Loss from operations (7,877,309) (1,223,987)
Other income (expense)    
Other income 243,459 30,000
Other expense (45,000)
Loss on disposal of equipment (2,926)
Excess derivative expense (333,482)
Interest expense (1,554,618)
Penalties on convertible notes payable (14,490)
Gain on derivative liability 1,217,271
Settlements (44,974)
Total other income (expense) (534,760) 30,000
Loss from discontinued operations (1,629,316)
Net loss before income taxes (10,041,385) (1,193,987)
Income taxes
Net loss before controlling interest (10,041,385) (1,193,987)
Net loss (income) attributable to non-controlling interest 598,909 (5,938)
Net loss attributable to Next Group Holdings, Inc. $ (9,442,476) $ (1,199,925)
Loss per share, basic and diluted $ (0.04) $ (0.01)
Weighted average number of common shares outstanding 234,519,235 219,259,332