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Net loss applicable
to common...
-$6,679,681
Net loss
-$5,874,051
Deemed dividend
preferred stock
$775,000
Preferred dividends
(related party)
$30,630
Net loss before
income taxes
-$5,874,051
Transaction And Processing
Fees
$7,936,768
Other Revenue From
Monthly Recurring...
$302,241
Revenue Net Bitcoin
Mining
$210,256
Digital Product Revenue
$198,922
Merchant Equipment
Rental And Sales
$28,720
Loss from operations
-$5,165,362
Total other income
-$708,689
Total revenue
$8,676,907
Total operating
expenses
$13,842,269
Interest expense
$395,926
Loss on conversion of
related party amounts
$175,763
Loss on settlement of
lawsuit
$85,000
Loss on settlement of
accounts payable and debt
$52,000
Processing and servicing
costs, excluding...
$7,528,415
Salaries and wages
$2,993,692
General and
administrative expenses
$1,877,693
Professional fees
$935,076
Depreciation expense
$507,393
Back
Back
Income Statement
source: myfinsight.com
OLB GROUP, INC. (OLB)
OLB GROUP, INC. (OLB)