v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Sales $ 1,135 $ 855,135 $ 62,270 $ 1,001,270
Services-related parties 260,242 85,000 490,242 275,000
Revenues 261,377 940,135 552,512 1,276,270
Cost of Revenues - related party 18,162 431,242 77,578 459,904
Gross Profit 243,215 508,893 474,934 816,366
Operating Expenses        
General and administrative 356,784 334,830 601,072 508,599
Professional fees 80,957 52,357 156,021 116,196
Total operating expenses 437,741 387,187 757,093 624,795
Income from operations (194,526) 121,706 (282,159) 191,571
Other Expenses (Income) (307) 3,529 (79) 3,047
Provision for income taxes 4,624 6,350 6,839 33,078
Net Income (Loss) (199,457) 118,885 (289,077) 161,540
Less: Net income attributable to the noncontrolling interest 2,391 (13,338) 5,498 (13,338)
Net income attributable to AMERICATOWNE, Inc common stockholders $ (197,066) $ 105,547 $ (283,579) $ 148,202
Earnings per share - basic and diluted $ (0.01) $ 0 $ (0.01) $ 0.01
Weighted average shares outstanding- basic and diluted 28,024,105 26,774,532 27,516,924 26,346,859