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Net loss
-$397,460
(38.30%↑ Y/Y)
Gain on
extinguishment of debt
$105,000
Gain on settlement of
lease liability
$52,450
Other income
$2,479
Loss before income
tax
-$397,460
(38.30%↑ Y/Y)
Total other income
(expenses)
$123,336
(408.71%↑ Y/Y)
Interest expense
-$36,593
(-7.17%↓ Y/Y)
Net loss from
operations
-$520,796
(13.80%↑ Y/Y)
Total operating
expenses
$520,796
(-13.80%↓ Y/Y)
Consulting and contractor
expenses
$251,368
(-15.14%↓ Y/Y)
General and
administrative expense
$92,502
(-2.58%↓ Y/Y)
Research and development
$84,710
(-37.03%↓ Y/Y)
Travel and
entertainment expense
$30,340
(122.70%↑ Y/Y)
Vessel maintenance and
dockage
$18,545
(92.40%↑ Y/Y)
Professional fees
$17,726
(-33.02%↓ Y/Y)
Depreciation and
amortization expense
$16,327
(-17.59%↓ Y/Y)
Rent expense
$9,278
(3.33%↑ Y/Y)
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Income Statement
SEAFARER EXPLORATION CORP (SFRX)
SEAFARER EXPLORATION CORP (SFRX)
source: myfinsight.com