Income Statement

v3.20.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Revenue $ 198,756 $ 1,735,124
Cost of revenue:    
Cost of revenue 152,775 1,191,019
Gross profit 45,981 544,105
Operating expenses:    
Payroll and related expenses 271,808 638,550
General and administrative expenses 491,314 333,000
Marketing and business development expense 32,338 47,359
Pre-project expenses 15,931
Total 795,460 1,034,840
Operating loss (749,479) (490,735)
Other income (expense):    
Interest expense (2,811)
Interest income 4,863
Total 2,052
Loss before income taxes (747,427) (490,735)
Income tax expense
Net loss $ (747,427) $ (490,735)
Net loss per share - basic and diluted:    
Basic and diluted $ (0.64) $ (2.30)
Weighted average shares outstanding:    
Basic and diluted 1,165,470 213,002
Construction services    
Revenue:    
Revenue $ 89,341 $ 1,658,074
Cost of revenue:    
Cost of revenue 71,911 1,159,229
Engineering services    
Revenue:    
Revenue 109,415 77,050
Cost of revenue:    
Cost of revenue $ 80,864 $ 31,790

Source