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CONSOLIDATED STATEMENTS OF OPERATIONS, For the Years Ended September 30, 2017 and 2016 - USD ($)
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Statement of Income    
Revenues, net $ 1,628,410 $ 455,491
Cost of sales 1,319,232 408,150
Gross Profit 309,178 47,341
Operating expenses 2,076,654 1,325,463
Loss from operations (1,767,476) (1,278,122)
Other income 40,764 11,897
Equity in loss of unconsolidated affiliate (39,267) 0
Other expense (3,235) (5,683)
Interest expense (6,976) (3,385)
Net loss (1,776,190) (1,275,293)
Net loss attributable to noncontrolling interest (9,051) 0
Net loss attributable to shareholders [1] $ (1,767,139) $ (1,275,293)
Basic and diluted loss per common share $ (0.05) $ (0.04)
Basic and diluted weighted average number of common stock outstanding 32,135,363 30,752,267
[1] NuZee, Inc.