PHOT · As filed with the SEC
Growlife income statement, by fiscal year
The statement as Growlife 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 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 |
|---|---|---|---|---|
| Cost of Revenue | 0 | 3,405,655 | 4,020,570 | 5,668,435 |
| Gross Profit | 0 | 2,793,434 | 2,980,242 | 2,549,127 |
| Selling, General and Administrative Expense | — | — | 4,870,204 | 7,010,059 |
| Restructuring Expense | — | — | 0 | 305,895 |
| Restructuring Expense | — | — | 0 | 250,000 |
| Operating Lease Expense | — | 4,318,416 | — | — |
| Transaction expenses | 1,341,468 | — | — | — |
| Loss from operations | (1,341,468) | (1,524,982) | (1,889,962) | (5,016,827) |
| OTHER INCOME (EXPENSE): | ||||
| Non-Operating Income (Expense) | (1,347,845) | (973,101) | 199,479 | 496,338 |
| Net Interest Income | — | — | (1,089,734) | (1,204,119) |
| Impairment of acquired assets | — | — | — | 0 |
| Loss on debt conversions | — | — | (945,169) | (1,767,325) |
| Interest expense, net | (1,963,736) | (3,252,191) | — | — |
| Loss On Debt Conversions, Net | — | (931,494) | — | — |
| Loss On Debt Settlement, Net | — | 0 | — | — |
| Gain (Loss) on debt conversions, net | 204,868 | — | — | — |
| Interest Expense | 183,449 | 1,025,400 | (2,422,500) | — |
| Gain On Forgiveness Of Debt | — | 206,287 | — | — |
| Total Other Expense, Net | — | (3,925,099) | (4,257,924) | (2,475,106) |
| Loss Before Income Taxes | — | (5,450,081) | — | — |
| Total other expense, net | (2,923,264) | — | — | — |
| LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | (4,264,732) | (22,587) | (6,147,886) | (7,491,933) |
| Income taxes - current (expense) benefit | — | — | (231,952) | (117,550) |
| NET LOSS | — | — | (6,379,838) | (7,374,383) |
| Net loss attrituable to noncontrolling interest in EZ-Clone Enterprises, Inc. | — | — | 0 | 88,938 |
| Income Tax Expense | 0 | — | — | — |
| NET LOSS FROM CONTINUING OPERATIONS | (4,264,732) | — | — | — |
| Income from Discontinued Operations | (1,931,250) | — | — | — |
| Restructuring Expense | 1,713,105 | — | — | — |
| NET INCOME (LOSS) ON DISCONTINUED OPERATIONS | (218,145) | — | — | — |
| NET LOSS | (4,482,877) | (5,472,668) | (6,379,838) | (7,285,445) |
| Basic and diluted loss per share | — | — | (0.18) | (0.29) |
| Weighted Average Shares Outstanding, Diluted | — | — | 35,286,804 | 25,145,036 |
| Basic And Diluted Loss Per Share | — | (0.07) | — | — |
| Weighted Average Shares Of Common Stock Outstanding- Basic And Diluted | — | 83,755,630 | — | — |
| BASIC AND DILUTED INCOME (LOSS) PER SHARE | ||||
| Net Loss on continuing operations | (1.86) | — | — | — |
| Net Income (Loss) on discontinued operation | (0.09) | — | — | — |
| Net Income (Loss) on discontinued operation | (1,341,468) | — | — | — |
| Net Loss | (1.95) | — | — | — |
| Weighted average shares of common stock outstanding- basic and diluted | 2,297,827 | — | — | — |
| Revenue | — | 6,199,089 | 7,000,812 | 8,217,562 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.