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Net loss to common
shareholders
-$1,333,633
Net loss
-$1,016,569
Series c preferred
stock dividends
$317,064
Net operating loss
-$995,511
Total other income
(expenses)
-$21,058
Mineral property and
royalty revenues
$87,281
Total operating
expenses
$1,082,792
Amortization of debt discount
$13,100
Interest expense
$7,958
Professional fees
$375,483
General and
administrative
$341,869
Stock compensation
$306,000
Depletion expense
$35,065
Consulting fees
$24,375
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Income Statement
source: myfinsight.com
FORMATION MINERALS, INC. (FOMI)
FORMATION MINERALS, INC. (FOMI)