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Income Statement
LUDWIG ENTERPRISES, INC. (LUDG)
LUDWIG ENTERPRISES, INC. (LUDG)
source: myfinsight.com
Gain on equity
securities exchange
$825,000
Unrealized gain on
marketable security
$175,000
Change in fair value of
derivative liability
$46,585
Total other income
(expense)
$783,826
(4992.19%↑ Y/Y)
Amortization of debt discount
$146,207
Interest expense
$91,552
(349.78%↑ Y/Y)
Change in fair value of
warrant liability
$25,000
Net income (loss)
before taxes
$218,847
(140.46%↑ Y/Y)
Net loss from
operations
-$564,979
(-7.63%↓ Y/Y)
Net income (loss)
$218,847
(140.46%↑ Y/Y)
Total operating
expenses
$564,979
(7.63%↑ Y/Y)
General and
administration expenses
$555,679
(23.30%↑ Y/Y)
Research and development
$9,300
(-87.47%↓ Y/Y)
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