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bwmg: the income statement
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Related Party
$239,056
Nonrelated Party
$1,832,108
Total revenues
$2,071,164
(-16.11%↓ Y/Y)
Gross profit
$961,827
(-12.83%↓ Y/Y)
Total cost of revenues
$1,109,337
(-18.76%↓ Y/Y)
Other (income)
expense, net
$114,315
Income (loss) from
operations
$132,938
(-30.01%↓ Y/Y)
Total operating
expenses
$828,889
(-9.25%↓ Y/Y)
Royalties
expense-Nonrelated Party
$22,622
Royalties
expense-Related Party
$18,244
Cost of
revenues-Related Party
$112,635
Cost of
revenues-Nonrelated Party
$955,836
Income (loss) before
provision for income taxes
$191,666
(10.19%↑ Y/Y)
Interest expense
$55,587
(247.42%↑ Y/Y)
Research and development
costs
$298
(645.00%↑ Y/Y)
Selling, general and
administrative
$828,591
(-9.28%↓ Y/Y)
Net income (loss)
$191,666
(10.19%↑ Y/Y)
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Income Statement
source: myfinsight.com
Brownie's Marine Group, Inc (BWMG)
Brownie's Marine Group, Inc (BWMG)