Canbiola, Inc. - Consolidated Statements of Operations and Comprehensive Loss - USD ($)		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Revenues
Product Sales		$ 62,969
Service Revenue		6,800	$ 17,972
Total Revenues		69,769	17,972
Operating cost and expenses:
Cost of product sales		44,587
Officers compensation		60,000	19,455
Consulting fees	[1]	275,908	16,700
Directors fees	[2]	202,800
Advertising expense		22,333	617
Hosting expense		3,668	2,441
Rent expense		16,265	16,265
Professional fees		13,383	15,978
Depreciation of property and equipment		803	807
Amortization of intangible assets		0	993
Other		64,713	21,744
TOTAL OPERATING EXPENSES		704,460	95,000
Loss from operations		(634,691)	(77,028)
Other income (expense):
Interest income		2,512	293
Income (expense) from derivative liability		1,075,706	196,679
Interest expense	[3]	(35,969)	(95,844)
Other income (expense) - net		1,042,249	101,128
Loss before provision for income taxes		407,558	24,100
Provision for income taxes
Net loss and comprehensive income		$ 407,558	$ 24,100
Net loss per common share, basic and diluted		$ 0.00	$ 0.00
Weighted average common shares outstanding, basic		229,607,879	147,771,477
Weighted average common shares outstanding, diluted		365,602,196	257,569,559

[1] Including stock-based compensation of $227,908 and $11,000, respectively

[2] Including stock-based compensation of $202,800 and $0, respectively

[3] Including amortization of debt discounts of $28,464 and $87,730, respectively