XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Mar. 31, 2013
Mar. 31, 2012
INCOME STATEMENT            
Revenues $ 547,858 $ 112,517 $ 1,505,119 $ 112,797 $ 2,168,093 $ 1,300
Cost of revenues            
Farm Produce 0 0 758,809 0 1,789,034 0
Farm expenses 30,270 0 313,309 0 94,547 523,746
Farm field lease 0 7,500 0 15,000 21,250 7,500
Farm Management Services Related Parties 60,000 532,550 120,000 592,550 712,550 180,000
Total cost of revenues 90,270 540,050 1,192,118 607,550 2,617,381 711,246
Gross margin 457,588 (427,533) 313,001 (494,753) (449,288) (709,946)
Operating expenses:            
Directors' fees 93,750 93,750 187,500 187,500 375,000 187,500
Professional fees 100,886 125,265 309,732 241,993 454,958 255,959
Research and development 74,349 39,685 190,880 118,669 177,169 206,191
Salary and compensation - officer 0 0 600,000 0 0 750,000
Salary and compensation - others 0 51,877 66,178 51,877 190,549 0
General and administrative expenses 116,320 88,565 253,399 135,295 412,409 113,742
Total operating expenses 385,305 399,142 1,607,689 735,334 1,610,085 1,513,392
Income (Loss) from operations 72,283 (826,675) (1,294,688) (1,230,087) (2,059,373) (2,223,338)
Other (income) expense:            
Change in fair value of derivative liability (318,693) 0 (635,844) 0 74,308 0
Debt discount 356,813 0 563,183 0    
Derivative expense 0 0 0 0    
Financing cost 22,000 0 22,000 0 28,625 70,500
Foreign currency transaction gain (loss) 0 214 0 1,315 1,316 0
Interest expense 25,850 18,891 47,903 30,332 86,400 29,757
Interest income         0 (44)
Other (income) expense 0 0 0 0    
Total other (income) expense 85,970 19,105 (2,758) 31,647 190,649 100,213
Loss before income tax provision and non-controlling interest (13,687) (845,780) (1,291,930) (1,261,734) (2,250,022) (2,323,551)
Income tax provisions 0 0 0 0 0 0
Net loss before non-controlling interest (13,687) (845,780) (1,291,930) (1,261,734) (2,250,022) (2,323,551)
Net loss attributable to the non-controlling interest (30,509) (52,360) (105,856) (52,360) (214,158) 0
Net income (loss) attributable to Stevia Corp. $ 16,822 $ (793,420) $ (1,186,074) $ (1,209,374) $ (2,035,864) $ (2,323,551)
Net loss per common share - Basic and diluted $ 0.00 $ (0.01) $ (0.02) $ (0.02) $ (0.03) $ (0.05)
Weighted average common shares outstanding - basic and diluted 74,104,718 62,953,249 69,429,617 60,666,442 62,092,487 45,093,271