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18. Pro Forma Financials for Acquisition of Canterbury, Hygeia, Paloma and VasculoMedics (Tables) | 3 Months Ended
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Mar. 31, 2014
Pro Forma Financials For Acquisition Of Canterbury Hygeia Paloma And Vasculomedics Tables |
Business Acquisition, Proforma Information |
|  | Three Months Ended March 31, 2014 (a) |
|  |  |  |  |  |  |  |  |  |  | Pro Forma |  |  | Pro Forma |
|  | RestorGenex |  |  | Paloma |  |  | VasculoMedics |  |  | Adjustments |  |  | Combined |
Revenues |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |
Cost of revenues |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Gross profit |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General, administrative, research and development |  |  | 611,845 |  |  |  | 102,153 |  |  |  | – |  |  |  | 81,250 | (b) |  |  | 795,248 |
Warrants, options and stock compensation |  |  | 149,885 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 149,885 |
Legal and professional services |  |  | 131,686 |  |  |  | 1,725 |  |  |  | – |  |  |  | – |  |  |  | 133,411 |
Depreciation and amortization |  |  | 478,104 |  |  |  | 634 |  |  |  | – |  |  |  | 27,755 | (c) |  |  | 506,493 |
Total operating expenses |  |  | 1,371,520 |  |  |  | 104,512 |  |  |  | – |  |  |  | 109,005 |  |  |  | 1,585,037 |
Loss from operations |  |  | (1,371,520 | ) |  |  | (104,512 | ) |  |  | – |  |  |  | (109,005 | ) |  |  | (1,585,037 | )
Other (income)/expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income |  |  | (49,639 | ) |  |  | (25,397 | ) |  |  | – |  |  |  | – |  |  |  | (75,036 | )
Interest expense |  |  | 58,294 |  |  |  | 29,925 |  |  |  | – |  |  |  | – |  |  |  | 88,219 |
Total other expenses |  |  | 8,655 |  |  |  | 4,528 |  |  |  | – |  |  |  | – |  |  |  | 13,183 |
Net loss from continuing operations |  |  | (1,380,175 | ) |  |  | (109,040 | ) |  |  | – |  |  |  | (109,005 | ) |  |  | (1,598,220 | )
Net loss from discontinued operations |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Net loss |  | $ | (1,380,175 | ) |  | $ | (109,040 | ) |  | $ | – |  |  | $ | (109,005 | ) |  | $ | (1,598,220 | )
Basic and diluted loss per share |  | $ | (0.23 | ) |  |  | – |  |  |  | – |  |  |  | – |  |  | $ | (0.18 | )
Basic and fully-diluted weighted average shares outstanding |  |  | 5,934,474 |  |  |  | 2,500,000 | (d) |  |  | 220,000 | (d) |  |  | – |  |  |  | 8,654,474 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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