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NUTRAFUELS, INC. - Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement        
Revenue $ 1,085,411 $ 144,759 $ 1,808,316 $ 377,398
Cost of sales 372,592 149,008 728,277 283,259
Gross Profit (Loss) 712,819 (4,249) 1,080,039 94,139
OPERATING EXPENSES:        
Sales, advertising and promotion 15,813 37,162 38,174 50,885
Officer salaries 77,000 107,000 152,000 196,330
Noncash compensation 471,935 9,799,448 983,837 10,641,506
General and administrative expenses 321,164 215,288 642,225 506,809
Depreciation expense 53,171 17,305 86,028 33,219
Total operating expenses 939,084 10,176,203 1,902,265 11,428,749
LOSS FROM OPERATIONS (226,265) (10,180,452) (822,226) (11,334,610)
OTHER INCOME (EXPENSE)        
Other income 3,609   3,609  
Gain on settlement of debt       717
Induced debt conversion loss     (18,004) (3,117,125)
Interest expense   (625) (487) (223,947)
Total other income (expense) 3,609 (625) (14,882) (3,340,355)
Net loss before income taxes (222,656) (10,181,077) (837,108) (14,674,965)
Income tax expense
Net loss $ (222,656) $ (10,181,077) $ (837,108) $ (14,674,965)
Net loss per weighted average common share - basic and diluted $ (0.00) $ (0.14) $ (0.01) $ (0.23)
Number of weighted average common shares outstanding - basic and diluted 85,502,855 71,679,246 83,925,458 62,727,655