v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Revenue $ 8,604,598 $ 9,187,627
Cost of revenue:    
Cost of revenue 6,118,163 8,631,002
Gross profit 2,486,435 556,625
Operating expenses:    
Payroll and related expenses 1,144,187 827,522
General and administrative expenses 780,021 809,800
Marketing and business development expense 143,335 70,627
Pre-project expenses 10,133
Total 2,067,543 1,718,082
Operating income (loss) 418,892 (1,161,457)
Other income (expense):    
Interest expense (48,849) (363)
Interest income 12,783 17,470
Other income 118,902
Total 82,836 17,107
Income (loss) before income taxes 501,728 (1,144,350)
Income tax expense
Net income (loss) 501,728 (1,144,350)
Add: net income attributable to noncontrolling interests 1,218,905 889,527
Net loss attributable to common stockholders of SG Blocks, Inc. $ (717,177) $ (2,033,877)
Net loss per share attributable to SG Blocks, Inc.    
Basic and diluted $ (0.06) $ (0.23)
Weighted average shares outstanding:    
Basic and diluted 11,998,334 8,744,469
Construction services    
Revenue:    
Revenue $ 1,668,384 $ 3,137,715
Cost of revenue:    
Cost of revenue 1,677,560 4,093,540
Engineering services    
Revenue:    
Revenue 50,386 93,949
Cost of revenue:    
Cost of revenue 43,153 9,770
Medical revenue    
Revenue:    
Revenue 6,885,828 5,955,963
Cost of revenue:    
Cost of revenue $ 4,397,450 $ 4,527,692

Source