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Income Statement
SHMP
source: myfinsight.com
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Net income (loss)
available to common...
-$2,925,945
Accretiononpreferredshares
$48,300
Dividends
$75,097
Net loss
-$2,802,548
Income (loss) from
continuing operations...
-$2,802,548
Sales
$36,618
Nonoperating income
(expense)
-$739,006
Operating income (loss)
-$2,063,542
Gross profit
$1,886
Cost of sales
$34,732
(loss) gain on sale of
machinery and equipment
-$10,357
Change in fair value of
restructed debt
-$720,000
Interest expense,
nonoperating
$3,899
Operating expenses
$2,065,428
Facility operations
$158,535
Amortization
$367,500
Depreciation expense
$434,908
General and
administrative
$1,104,485
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