Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations (Unaudited)

v3.10.0.1
Consolidated Statement of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Sales $ 7,152,299 $ 4,111,036 $ 11,534,558 $ 6,694,959
Cost of sales 5,423,069 2,960,275 8,614,719 4,863,340
Gross profit 1,729,230 1,150,761 2,919,839 1,831,619
Operating expenses:        
Store operations 1,148,952 750,000 2,029,848 1,297,323
General and administrative 399,130 225,092 762,873 406,824
Share based compensation 337,148 325,408 553,348 402,408
Depreciation and amortization 70,899 19,524 126,994 40,047
Salaries and related expenses 395,078 168,502 726,810 304,941
Total operating expenses 2,351,207 1,488,526 4,199,873 2,451,543
Income (loss) from operations (621,977) (337,765) (1,280,034) (619,924)
Other income (expense):        
Interest expense (11,312) (2,610) (19,330) (3,761)
Interest income 14,038 29,627
Other income (loss) (5,866) 8,444
Amortization of debt discount (304,842) (622,096)
Total non-operating expense, net (307,982) (2,610) (603,355) (3,761)
Net loss $ (929,959) $ (340,375) $ (1,883,389) $ (623,685)
Net loss per shares, basic and diluted $ (0.04) $ (0.02) $ (0.09) $ (0.05)
Weighted average shares outstanding, basic and diluted 21,901,093 14,045,692 20,230,146 13,357,823