Income Statement

v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues    
Revenues $ 2,681,530
Cost of Goods Sold 1,538,445  
Gross Profit 1,143,085
Operating Expenses    
Consulting Fees 1,303,413 244,175
General and Administrative 4,267,945 538,974
Professional Fees 1,077,093 442,272
Depreciation Expense 108,421
Stock Based Compensation (Note 3)    
Consulting Fees 11,299,507 14,082,139
Investor Relations 8,093,500
Professional Fees 2,681,900
Total Stock based compensation 11,299,507 24,857,539
Total Operating Expenses 18,056,379 26,082,960
Loss from Operations (16,913,294) (26,082,960)
Other Income (Expenses)    
Rent Income 62,186
Total Other Income (Expenses) 62,186
Loss From Operations Before Provision for Income Taxes (16,851,108) (26,082,960)
Provision for Income Taxes (Note 4)
Net Loss (16,851,108) (26,082,960)
Net Loss Attributable to Non-Controlling Interest (611,832)
Net Loss Attributable to GSRX Industries Inc. $ (16,239,276) $ (26,082,960)
Basic loss per share $ (0.37) $ (1.33)
Weighted average number of common shares outstanding 43,551,840 19,622,890

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