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