XML 12 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Revenue $ 7,554,971 $ 11,853,987 $ 16,159,569 $ 21,041,614
Cost of revenue:        
Cost of revenue 6,783,011 9,842,606 12,901,174 18,623,607
Gross profit 771,960 2,011,381 3,258,395 2,418,007
Operating expenses:        
Payroll and related expenses 1,211,509 801,664 2,355,696 1,629,186
General and administrative expenses 796,812 1,060,499 1,576,833 1,720,300
Marketing and business development expense 91,495 72,438 234,830 143,065
Pre-project expenses 847 10,980
Total 2,099,816 1,935,448 4,167,359 3,503,531
Operating income (loss) (1,327,856) 75,933 (908,964) (1,085,524)
Other income (expense):        
Interest expense (73,126) (329) (121,975) (692)
Interest income 10,979 13,797 23,762 31,267
Other income 372,407 61,024 491,309 61,024
Total 310,260 74,492 393,096 91,599
Income (loss) before income taxes (1,017,596) 150,425 (515,868) (993,925)
Income tax expense
Net income (loss) (1,017,596) 150,425 (515,868) (993,925)
Add: net income attributable to noncontrolling interests 397,764 1,691,684 1,616,669 2,581,211
Net loss attributable to common stockholders of SG Blocks, Inc. $ (1,415,360) $ (1,541,259) $ (2,132,537) $ (3,575,136)
Net loss per share attributable to SG Blocks, Inc.        
Basic and diluted $ (0.11) $ (0.17) $ (0.16) $ (0.41)
Weighted average shares outstanding:        
Basic and diluted 13,226,451 8,822,278 13,110,821 8,783,806
Construction services        
Revenue:        
Revenue $ 4,213,264 $ 2,064,438 $ 5,881,648 $ 5,202,153
Cost of revenue:        
Cost of revenue 4,265,021 3,164,695 5,942,581 7,258,235
Engineering services        
Revenue:        
Revenue 24,320 4,059 74,706 98,008
Cost of revenue:        
Cost of revenue 10,739 32,197 53,892 41,967
Medical revenue        
Revenue:        
Revenue 3,317,387 9,785,490 10,203,215 15,741,453
Cost of revenue:        
Cost of revenue $ 2,507,251 $ 6,645,714 $ 6,904,701 $ 11,323,405