v3.19.2

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Income Statement [Abstract] |  |  |  |
Revenues, net | $ 74,787 | $ 61,967 | $ 140,872 | $ 123,012
Revenues related parties, net | 13,425 | 29,652 | 29,077 | 54,780
Total revenues | 88,212 | 91,619 | 169,949 | 177,792
Cost of sales | 31,446 | 25,567 | 57,392 | 48,455
Gross profit | 56,766 | 66,052 | 112,557 | 129,337
Other operating expenses: |  |  |  |
Sales and marketing expenses | (2,307) | 7,846 | 7,182 | 10,733
Professional fees | 27,623 | 39,200 | 40,153 | 76,584
Personnel costs | 40,125 | 165,039 | 118,456 | 329,834
Research and development | 6,820 | 71,536 | 16,106 | 136,097
Rent | 18,826 | 12,507 | 37,651 | 22,934
Other general and administrative expenses | 29,649 | 42,926 | 66,391 | 76,058
Total operating expenses | 120,736 | 339,054 | 285,939 | 652,240
Loss from operations | (63,970) | (273,002) | (173,382) | (522,903)
Interest expense | (56,799) | (85,970) | (119,337) | (146,743)
Gain on sale of intangible asset |  |  | 150,000 |
Gain on debt settlement | 34,925 |  | 34,925 |
Gain on restructuring of service-related obligations | 1,580,167 |  | 1,580,167 |
Net income (loss) before income taxes | 1,494,323 | (358,972) | 1,472,373 | (669,646)
Income tax provision |  |  |  |
Net income (loss) | 1,494,323 | (358,972) | 1,472,373 | (669,646)
Net loss attributable to non-controlling interest |  | 39,477 |  | 80,086
Net income (loss) attributable to Findex.com, Inc. | $ 1,494,323 | $ (319,495) | $ 1,472,373 | $ (589,560)
Basic net income (loss) per share |  |  |  |
Diluted net income (loss) per share |  |  |  |
Basic weighted average common shares outstanding | 718,327,650 | 533,851,417 | 716,646,072 | 532,527,107
Diluted weighted average common shares outstanding | 746,388,166 | 533,851,417 | 730,753,846 | 532,527,107

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