v3.8.0.1

Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Revenues |  |
Sales | $ 111,135 | $ 61,135
Services-related parties | 237,000 | 230,000
Revenues | 348,135 | 291,135
Cost of Revenues - related party | 35,499 | 59,416
Gross Profit | 312,636 | 231,719
Operating Expenses |  |
General and administrative | 418,756 | 247,451
Professional fees | 84,899 | 75,064
Total operating expenses | 503,655 | 322,515
Income from operations | (191,019) | (90,796)
Other Expenses (Income) | 8 | (228)
Provision for income taxes | (65,792) | 2,215
Net Income (Loss) | (125,235) | (92,783)
Less: Net loss (income) attributable to the noncontrolling interest | 4,379 | 3,107
Net income(loss) attributable to AMERICATOWNE, Inc common stockholders | $ (120,856) | $ (89,676)
Earnings per share - basic and diluted | $ (0.00) | $ (0.003)
Weighted average shares outstanding- basic and diluted | 49,136,685 | 27,004,775

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