v3.8.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues    
Sales $ 478,011 $ 1,209,540
Services-related parties 1,296,992 550,000
Revenues 1,775,003 1,759,540
Cost of Revenues - related party 303,549 244,486
Gross Profit 1,471,454 1,515,054
Operating Expenses    
General and administrative 1,567,366 1,275,141
Professional fees 371,096 317,044
Total operating expenses 1,938,462 1,592,185
Income from operations (467,008) (77,131)
Other Expenses (Income) (2,352) (2,441)
Provision for income taxes (146,512) (3,549)
Net Income (Loss) (318,144) (71,141)
Less: Net loss (income) attributable to the noncontrolling interest 15,088 33,525
Net income (loss) attributable to AMERICATOWNE, Inc common stockholders $ (303,056) $ (37,616)
Earnings per share - basic and diluted $ (0.01) $ (0.003)
Weighted average shares outstanding- basic and diluted 35,356,412 26,599,745