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Note 3 - Newco4pharmacy Transaction: Results of Operations Associated with Discontinued Operations Table Text Block (Tables)
12 Months Ended
Dec. 31, 2016
Tables/Schedules  
Results of Operations Associated with Discontinued Operations Table Text Block

 

 

 

 

 

 

For the Year ending

December 31,

2015

Net Sales

 

$       464,786 

Cost of sales

 

 

         220,228 

Gross Profit

 

 

         244,558 

 

 

 

Operating Expenses:

 

 

Research and development

 

 

         734,985 

Selling, general and administrative

 

 

         938,799 

Total operating expenses

 

 

      1,673,784 

 

 

 

Operating Loss from Discontinued Operations

 

 

    (1,429,226)

 

 

 

Other Expense:

 

 

Interest expense, net

 

 

        (775,564)

Disposal on fixed assets

 

 

Gain (Loss) on debt extinguishment

 

 

      1,867,428 

 

 

 

Net Loss from Discontinued Operations

 

$     (337,362)

 

 

 

Other Comprehensive Gain Net of Tax:

 

 

Foreign currency translation adjustments

 

 

            24,815 

Comprehensive Loss from Discontinued Operations

 

$     (312,547)