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Income Statement
NICH
source: myfinsight.com
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Other income
(expenditure), net
$3,000
Gain (loss) on
revaluation of derivative...
$882,924
Loss before income
taxes
$159,821
Amortization of debt discount
$174,400
Financing costs
$332
Non-cash interest,
convertible loan
-$436,071
Loan interest
accrued
-$22,410
Income (loss) from
operations
-$92,890
Net loss
$159,821
Gross profit
-$500
Total operating
expenses
$92,390
Cost of goods sold
$500
Depreciation and
amortization
$1,315
Selling, general &
administrative expenses
$91,075
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