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Nonrelated Party
$1,953,695
Related Party
$161,549
Other (income)
expense, net
$546,007
Total revenues
$2,115,244
Income (loss) before
provision for income taxes
$493,030
Income (loss) from
operations
-$44,434
Interest expense
$8,543
Gross profit
$982,129
Total cost of revenues
$1,133,115
Net income (loss)
$493,030
Total operating
expenses
$1,026,562
Cost of
revenues-Nonrelated Party
$1,043,297
Cost of
revenues-Related Party
$53,889
Royalties
expense-Nonrelated Party
$29,029
Royalties
expense-Related Party
$6,900
Selling, general and
administrative
$1,022,968
Research and development
costs
$3,594
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Income Statement
source: myfinsight.com
Brownie's Marine Group, Inc (BWMG)
Brownie's Marine Group, Inc (BWMG)