v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenues, net $ 70,649 $ 102,419 $ 115,640 $ 128,658
Revenues related parties, net 27,510 24,885 49,087 47,782
Total revenues 98,159 127,304 164,727 176,440
Cost of sales 35,566 29,238 55,851 49,979
Gross profit 62,593 98,066 108,876 126,461
Other operating expenses:        
Sales and marketing expenses 4,503 8,456 7,953 13,718
Professional fees 33,700 39,990 69,515 98,052
Personnel costs (net of research and development direct labor costs) 136,566 114,789 270,134 212,306
Research and development 101,907 51,651 190,378 99,636
Rent 6,708 21,639 25,533 43,277
Other general and administrative expenses 52,988 46,432 99,164 80,005
Total operating expenses 336,372 282,957 662,677 546,994
Loss from operations (273,779) (184,891) (553,801) (420,533)
Interest expense (47,447) (28,424) (93,795) (57,109)
Net loss before income taxes (321,226) (213,315) (647,596) (477,642)
Income tax provision
Net loss (321,226) (213,315) (647,596) (477,642)
Net loss attributable to non-controlling interest 55,207 100,773
Net loss attributable to Findex.com, Inc. $ (266,019) $ (213,315) $ (546,823) $ (477,642)
Basic and diluted net loss per share
Basic and diluted weighted average common shares outstanding 509,590,502 476,898,949 502,437,806 476,841,256