AMMJ · As filed with the SEC
American Cannabis Company income statement, by fiscal year
The statement as American Cannabis Company presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD, except per-share amounts
| USD, except per-share amounts | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | Year ended Dec 31, 2017 Year ended Dec 31, 2017 | FY2016 Year ended Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Consulting Services | — | — | 381,094 | 505,363 | 1,470,245 | 395,840 | 2,054,484 | 943,563 |
| Product & Equipment | — | — | 1,037,962 | 1,064,431 | 660,490 | 548,878 | 388,570 | 613,535 |
| Product and equipment, related party | — | — | — | — | — | — | — | 3,768 |
| Shipping services | — | — | — | — | — | 37,630 | — | — |
| Cannabis Products | — | — | 1,006,148 | — | — | — | — | — |
| Consulting Services | 695,089 | 475,837 | — | — | — | — | — | — |
| Product & Equipment | 1,024,191 | 17,539,377 | — | — | — | — | — | — |
| Cannabis Products | 756,905 | 793,331 | — | — | — | — | — | — |
| Total Revenues | 2,476,185 | 18,808,545 | 2,425,204 | 1,569,794 | 2,130,735 | 982,349 | 2,443,054 | 1,560,866 |
| Cost of Revenue | ||||||||
| Cost of Consulting Services | — | — | 36,179 | 108,706 | 292,375 | 121,641 | 463,298 | 145,849 |
| Cost of Products and Equipment | — | — | 758,940 | 740,409 | 499,408 | 402,206 | 342,522 | 545,732 |
| Cost of Cannabis Products | — | — | 573,937 | — | — | — | — | — |
| Cost of Consulting Services | 115,085 | 61,246 | — | — | — | — | — | — |
| Cost of Products and Equipment | 724,921 | 15,230,648 | — | — | — | — | — | — |
| Cost of Cannabis Products | 594,296 | 979,437 | — | — | — | — | — | — |
| Total Cost of Revenues | 1,434,302 | 16,271,331 | 1,369,056 | 849,115 | 791,783 | 523,847 | 805,820 | 691,581 |
| Gross Profit | 10,141,882 | 2,537,214 | 1,056,148 | 720,679 | 1,338,952 | 458,502 | 1,637,234 | 869,285 |
| Operating Expenses | ||||||||
| Selling, General and Administrative Expense | 1,650,498 | 2,833,140 | 2,050,272 | 1,010,902 | 981,424 | 868,294 | 1,042,889 | 1,273,749 |
| Marketing Expense | — | — | — | — | 67,644 | 20,983 | 34,554 | 37,919 |
| Selling, General and Administrative Expense | 154,470 | 225,950 | 199,968 | 298,937 | 309,232 | 293,241 | 278,542 | 88,047 |
| Research and Development Expense | — | — | — | — | 347 | 590 | 2,403 | 2,553 |
| Bad Debt Expense | — | — | 54,435 | 4,910 | 88,749 | (2,815) | 89,715 | — |
| Settlement (expense) | — | — | — | — | — | — | (118,450) | — |
| Litigation Settlement Expense | — | — | 350,000 | — | — | — | — | — |
| Stock Based Compensation Expense | — | — | 42,206 | 29,970 | 73,514 | (73,742) | (893,857) | — |
| Warranty Expense | — | — | — | — | 151,906 | (204,955) | (895,860) | — |
| Bad Debt Expense | 20,933 | 5,438 | — | — | — | — | — | — |
| Goodwill Impairment | 1,332,113 | — | — | — | — | — | — | — |
| Stock Based Compensation Expense | 1,735,021 | 78,342 | — | — | — | — | — | — |
| Total Operating Expenses | 4,893,035 | 3,142,870 | 2,696,881 | 1,344,719 | 1,672,816 | 1,183,109 | 1,358,388 | 1,402,268 |
| Income (Loss) from Operations | — | — | — | — | — | (724,607) | 278,846 | (532,983) |
| Gain (loss) on debt extinguishment | — | — | — | — | — | — | — | (7,640) |
| Interest (expense) | — | — | — | — | — | (52) | 9,288 | (87,314) |
| Change in Derivative Liability | — | — | — | — | — | — | — | 14,449 |
| Loss from Operations | (3,851,152) | (605,656) | (1,640,733) | (624,040) | (333,864) | — | — | — |
| Interest (expense) | — | — | — | (1,786) | — | — | — | — |
| Other Income (Expense) | ||||||||
| Interest (expense) | (113,609) | (78,086) | (75,374) | — | — | — | — | — |
| Debt Forgiveness | — | — | 240,975 | — | — | — | — | — |
| Other Income | 304,345 | 50,550 | 35,883 | 93,413 | 32,122 | 55,481 | 41,844 | 9,806 |
| Total Other Income (expense) | — | — | — | — | — | (226,084) | (1,767,320) | (70,699) |
| Extraordinary Items | — | — | — | — | — | (950,691) | (1,488,474) | (603,682) |
| Total Other Income | — | — | — | 91,627 | — | — | — | — |
| Net Income | — | — | — | (532,413) | (301,742) | (950,691) | (1,488,474) | (603,682) |
| Total Other (Expense) Income | 190,736 | (27,536) | 201,484 | — | — | — | — | — |
| Net Loss | — | — | (1,439,249) | — | — | — | — | — |
| Net Loss | (3,660,416) | (633,192) | — | — | — | — | — | — |
| Basic net loss per common share | — | — | — | (0.01) | (0.01) | (0.02) | (0.03) | (0.01) |
| Weighted Average Shares Outstanding, Diluted | — | — | — | 57,548,474 | 52,468,502 | 51,465,188 | 51,336,522 | 46,389,474 |
| NET LOSS | — | — | (1,439,249) | — | — | — | — | — |
| Basic and diluted net loss per common share | — | — | (0.02) | — | — | — | — | — |
| Basic and diluted weighted average common shares outstanding | — | — | 78,387,733 | — | — | — | — | — |
| NET LOSS | — | (633,192) | — | — | — | — | — | — |
| NET LOSS | (3,660,416) | — | — | — | — | — | — | — |
| Basic and diluted net loss per common share | (0.03) | (0.01) | — | — | — | — | — | — |
| Basic and diluted weighted average common shares outstanding | 109,911,842 | 85,727,938 | — | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.