Yes that seems to be an ok start. But you left out the important figures.
Gross Profit was $232,000
Expenses:
|
Amortization and Depreciation
|
|
57
|
|
|
|
Commissions
|
|
71,250
|
|
|
|
Corporate Development
|
|
—
|
|
|
|
Marketing
|
|
20,333
|
|
|
|
General and Administrative
|
|
17,856
|
|
|
|
Professional Fees
|
|
105,231
|
|
|
|
Salary
|
|
128,000
|
|
|
|
Stock Compensation Expense
|
|
—
|
|
|
| |
|
|
|
|
|
Total Expenses
|
|
342,727
|
|
|
Net Loss for the Period
|
|
$ (150,123)
|
Between Commisions, Salaries, and Professional Fees that pretty much keeps us in the red
Question for anyone that wants to answer.
Professional Fees? $105,231 for 3 months that = $35,077 a month
Salaries? $128,000 for 3 months = $42,667 a month. How many people are on salary? I already ready know. I just want to see if you really know.
IMO: expensives are extremely to high. I will be looking forward for the next 10Q. I am happy that they made some money but... I will leave it at but until the next 10Q is filed.
