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Income Statement
AMERICAN REBEL HOLDINGS INC (AREB)
source: myfinsight.com
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Net income (loss)
-$18,137,743
(-245.28%↓ Y/Y)
Net income (loss)
before income tax...
-$18,137,743
(-245.28%↓ Y/Y)
Interest income
$855
(329.65%↑ Y/Y)
Loss on settlement of
liability
-$1,692,144
Loss on debt
extinguishment
-$11,817,991
Interest expense
$430,183
(-59.24%↓ Y/Y)
Operating income (loss)
-$4,198,280
(-6.34%↓ Y/Y)
Gross margin
-$31,373
(-202.34%↓ Y/Y)
Total operating
expenses
$4,166,907
(4.73%↑ Y/Y)
Revenue
$2,842,596
(-12.68%↓ Y/Y)
Cost of goods sold
$2,873,969
(-10.88%↓ Y/Y)
Consulting/payroll and other costs
$973,753
(118.74%↑ Y/Y)
Rental expense,
warehousing, outlet expense
$48,253
(-40.07%↓ Y/Y)
Depreciation and
amortization expense
$37,100
(20.92%↑ Y/Y)
Marketing and brand
development costs
$970,806
(223.97%↑ Y/Y)
Administrative and other
$1,324,575
(7.85%↑ Y/Y)
Product development
costs
$648,357
(91.95%↑ Y/Y)
Compensation
expense-Director
$164,063
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