Canbiola, Inc. - Consolidated Statements of Operations and Comprehensive Loss - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues
Service Revenue		$ 5,957	$ 23,735	$ 12,757	$ 41,707
Product Sales		148,234	2,135	211,203	2,135
Total Revenues		154,191	25,870	223,960	43,842
Cost of product sales		46,852	1,139	91,439	1,139
Gross profit		107,339	24,731	132,521	42,703
Operating expenses:
Officers compensation		76,250	19,377	136,250	38,832
Consulting fees	[1]	367,769	55,082	643,676	71,782
Directors fees	[2]	(17,400)		185,400
Advertising expense		14,675	20,893	37,008	21,510
Hosting expense		3,810	12,246	7,478	14,687
Rent expense		16,800	16,265	33,065	32,530
Professional fees		56,956	46,758	70,339	62,736
Depreciation of property and equipment		801	807	1,604	1,614
Amortization of intangible assets			993		1,986
Other		56,113	38,775	120,827	60,519
TOTAL OPERATING EXPENSES		575,774	211,196	1,235,647	306,196
Loss from operations		(468,435)	(186,465)	(1,103,126)	(263,493)
Other income (expense):
Interest income		2,512	293	5,024	586
Income (expense) from derivative liability		(231,655)	(250,334)	844,051	(53,655)
Loss on stock issuance		(185,104)		(185,104)
Loss on debt conversion		(57,738)		(57,738)
Interest expense	[3]	(34,456)	(71,942)	(70,425)	(167,786)
Other income (expense) - net		(506,441)	(321,983)	535,808	(220,855)
Loss before provision for income taxes		(974,876)	(508,448)	(567,318)	(484,348)
Provision for income taxes
Net loss and comprehensive income		$ (974,876)	$ (508,448)	$ (567,318)	$ (484,348)
Net loss per common share, basic and diluted		$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average common shares outstanding, basic		236,270,276	158,836,059	232,957,482	153,334,334
Weighted average common shares outstanding, diluted		377,833,277	278,278,009	371,751,524	267,980,990

[1] Including stock-based compensation of $572,777, $37,229, $344,869 and $26,229, respectively

[2] Including stock-based compensation of $185,400, $0, $0 and $0, respectively

[3] Including amortization of debt discounts of $54,165, $153,105, $25,701 and $65,375, respectively