Income Statement

v3.19.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
Interest revenue $ 226,207 $ 381,548
Other revenue 26,413 12,794
TOTAL REVENUES 252,620 394,342
OPERATING EXPENSES    
Salaries and compensation 338,517 412,099
Other operating expenses 110,685 146,287
Provision for credit losses 112,330 204,668
Advertising 900 1,240
Rent 17,566 17,988
Public company and corporate finance expenses 251,571 654,089
Depreciation and amortization 1,233 1,425
TOTAL OPERATING EXPENSES 832,802 1,437,796
LOSS FROM OPERATIONS (580,182) (1,043,454)
OTHER INCOME (EXPENSE)    
Loss on sale of marketable securities (194)
Miscellaneous income 63
TOTAL OTHER INCOME (EXPENSE) (131)
NET LOSS (580,182) (1,043,585)
Net loss attributable to common stockholders (580,182) (1,043,585)
CONDENSED STATEMENT OF COMPREHENSIVE INCOME (LOSS)    
Unrealized loss on marketable securities (194)
Less: Reclassified adjustment for losses included in net loss 194
Comprehensive loss attributable to common stockholders $ (580,182) $ (1,043,585)
Net loss attributable to common stock per share, basic and diluted $ (0.03) $ (0.06)
Weighted average number of common shares outstanding, basic and diluted 17,226,283 17,463,449

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