Segment Information |
Segment Information |
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For the three months ended |
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For the nine months ended |
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September 30, 2021 |
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September 30, 2020 |
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September 30, 2021 |
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September 30, 2020 |
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Revenues |
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$ |
22,351 |
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$ |
53,195 |
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$ |
73,760 |
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|
$ |
217,972 |
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Cost of Goods Sold |
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|
19,435 |
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|
37,170 |
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|
47,769 |
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|
110,563 |
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Gross Profit |
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|
2,916 |
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|
16,025 |
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|
25,991 |
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|
107,409 |
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Expense |
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Depreciation Expense |
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3,100 |
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|
1,374 |
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5,881 |
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|
4,702 |
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Selling and Marketing |
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|
105,757 |
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|
117,978 |
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|
363,796 |
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|
294,231 |
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Payroll and Related expenses |
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|
56,988 |
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|
26,394 |
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|
165,800 |
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|
77,256 |
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Stock Based Compensation |
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|
104,685 |
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— |
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|
104,685 |
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|
29,325 |
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General and Admin Expenses |
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|
87,517 |
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|
55,672 |
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|
284,182 |
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|
169,707 |
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Total Expense |
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|
358,047 |
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|
201,418 |
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|
924,344 |
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|
575,221 |
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Net Loss from Operations |
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$ |
(355,131 |
) |
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$ |
(185,393 |
) |
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$ |
(898,353 |
) |
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$ |
(467,812 |
) |
The following table represents the Company's cDistro business segment as of September 30, 2021
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For the three months ended |
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For the nine months ended |
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|
September 30, 2021 |
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September 30, 2020 |
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September 30, 2021 |
|
September 30, 2020 |
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Revenues |
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$ |
407,246 |
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$ |
— |
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$ |
407,589 |
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$ |
— |
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Cost of Goods Sold |
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|
359,056 |
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— |
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|
359,056 |
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— |
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Gross Profit |
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|
48,190 |
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— |
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|
48,533 |
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— |
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Expense |
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|
|
|
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Depreciation Expense |
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|
597 |
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|
|
— |
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|
597 |
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|
|
— |
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Selling and Marketing |
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|
3,696 |
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— |
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|
3,696 |
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|
— |
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Payroll and Related expenses |
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|
45,000 |
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|
|
— |
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|
45,000 |
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|
— |
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Stock Based Compensation |
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|
— |
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|
— |
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— |
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|
— |
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General and Admin Expenses |
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|
94,650 |
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— |
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|
94,938 |
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|
— |
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Total Expense |
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|
143,943 |
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— |
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|
144,231 |
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— |
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Net Loss from Operations |
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$ |
(95,753 |
) |
|
$ |
— |
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$ |
(95,698 |
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$ |
— |
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