v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Revenue $ 4,130,257 $ 8,847,490 $ 20,289,826 $ 29,889,104
Cost of revenue:        
Cost of revenue 4,295,431 9,454,311 17,196,605 27,797,993
Gross profit (loss) (165,174) (606,821) 3,093,221 2,091,111
Operating expenses:        
Payroll and related expenses 1,294,857 1,066,486 3,650,553 2,665,097
General and administrative expenses 939,044 975,761 2,515,877 3,006,561
Marketing and business development expense 103,111 54,857 337,941 197,922
Pre-project expenses 22,683 33,663
Total 2,337,012 2,119,787 6,504,371 5,903,243
Operating loss (2,502,186) (2,726,608) (3,411,150) (3,812,132)
Other income (expense):        
Loss on asset disposal (34,182) (34,182)
Interest expense (52,758) (293) (174,733) (985)
Interest income 9,756 9,973 33,518 41,240
Other income (expense) (2,963) 453 488,346 61,477
Total (45,965) (24,049) 347,131 67,550
Loss before income taxes (2,548,151) (2,750,657) (3,064,019) (3,744,582)
Income tax expense
Net loss (2,548,151) (2,750,657) (3,064,019) (3,744,582)
Add: net income (loss) attributable to noncontrolling interests (94,568) 1,080,248 1,522,101 3,661,459
Net loss attributable to common stockholders of SG Blocks, Inc. $ (2,453,583) $ (3,830,905) $ (4,586,120) $ (7,406,041)
Net loss per share attributable to SG Blocks, Inc.        
Basic and diluted $ (0.18) $ (0.43) $ (0.35) $ (0.84)
Weighted average shares outstanding:        
Basic and diluted 13,459,713 8,822,489 13,228,828 8,796,890
Construction services        
Revenue:        
Revenue $ 2,685,920 $ 612,052 $ 8,567,568 $ 5,814,205
Cost of revenue:        
Cost of revenue 2,688,450 3,132,625 8,631,031 10,421,435
Engineering services        
Revenue:        
Revenue 6,599 70,814 81,305 168,822
Cost of revenue:        
Cost of revenue 5,001 6,588 58,893 48,555
Medical revenue        
Revenue:        
Revenue 1,437,738 8,164,624 11,640,953 23,906,077
Cost of revenue:        
Cost of revenue $ 1,601,980 $ 6,315,098 $ 8,506,681 $ 17,328,003

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