For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 0 | 2,500 | ||
| Cost of sales | 0 | 2,125 | ||
| Gross profit | 0 | 375 | ||
| Amortization of intangible assets | 49,500 | 49,636 | ||
| Write-down of intangible assets | 99,949 | - | ||
| Payroll | 163,200 | - | ||
| Professional fees | 153,857 | - | ||
| Other general and administrative | 66,285 | 378,638 | ||
| Total operating expenses | 532,791 | 428,274 | ||
| Gain (loss) on change in fmv of derivative liability | 40,258 | - | ||
| Loss on derivative | -32,203 | -111,523 | ||
| Gain on extinguishment of debt | 78,884 | - | ||
| Interest expense | 282,952 | 174,541 | ||
| Other income | 70,958 | 34,228 | ||
| Total other income (expense) | -125,055 | -251,836 | ||
| Net loss before income taxes | -657,846 | -679,735 | ||
| Provision for income tax | 0 | - | ||
| Net loss | -657,846 | -679,735 | ||
| Convertible preferred stock dividend | 783,414 | 84,920 | ||
| Net loss attributable to common stockholders | -1,441,260 | -764,655 | ||
| Basic EPS | 0 | 0 | ||
| Diluted EPS | 0 | 0 | ||
| Basic Average Shares | 565,137,893 | 545,780,320 | ||
| Diluted Average Shares | 565,137,893 | 545,780,320 | ||
IIOT-OXYS, Inc. (ITOX)
IIOT-OXYS, Inc. (ITOX)