XML 47 R4.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]            
REVENUE $ 1,092,228 $ 593,712 $ 1,195,921 $ 2,325,085 $ 4,303,296 $ 4,874,359
COST OF SALES 865,571 454,839 927,125 1,850,594 3,481,673 3,966,607
GROSS PROFIT 226,657 138,873 268,796 474,491 821,623 907,752
RESEARCH AND DEVELOPMENT EXPENSES 153,300 184,024 391,014 241,020 570,514 79,405
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 578,097 1,678,335 2,367,781 992,462 2,508,846 3,088,178
IMPAIRMENT OF GOODWILL     0 110,545 0 983,645
OPERATING LOSS (504,740) (1,723,486) (2,489,999) (758,991) (2,257,737) (3,243,476)
OTHER INCOME (EXPENSE):            
Interest expense (793,837) (7,750) (16,876) (1,087,039) (1,195,329) (376,974)
Other income (expense) (577) 6,618 13,054 18,611 25,160 (62,954)
(Loss) on change - derivative liability         0 (217,828)
Gain on debt settlements         170,309 0
Total other income (expense) (794,414) (1,132) (3,822) (1,068,428) (999,860) (657,756)
(LOSS) BEFORE INCOME TAXES (1,299,154) (1,724,618) (2,493,821) (1,827,419) (3,257,597) (3,901,232)
Income taxes - current provision 0 0 0 0 0 0
NET (LOSS) $ (1,299,154) $ (1,724,618) $ (2,493,821) $ (1,827,419) $ (3,257,597) $ (3,901,232)
Basic and diluted loss per common share attributable to Visualant, Inc. and subsidiaries common shareholders-            
Basic and diluted loss per share $ (0.25) $ (0.09) $ (0.14) $ (0.37) $ (0.38) $ (1.01)
Weighted average shares of common stock outstanding- basic and diluted 5,128,144 19,297,126 18,424,608 4,889,218 8,630,891 3,844,840