Quad M Solutions, Inc.
CIK:0000066600|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
|
| Income Statement [Abstract] | ||||
| REVENUES | $ 0 | $ 18,144,568 | $ 4,247 | $ 36,268,362 |
| COST OF SALES | 0 | 15,852,288 | 2,190 | 31,095,960 |
| GROSS PROFIT | 0 | 2,292,280 | 2,057 | 5,172,403 |
| OPERATING EXPENSES | ||||
| Professional fees | 31,250 | 39,249 | 41,250 | 154,300 |
| General and administrative | 53,014 | 612,840 | 79,014 | 1,106,410 |
| Sales expense | 117 | |||
| Officers’ fees | ||||
| Payroll expense | 20,732 | 590,263 | 41,464 | 1,063,833 |
| Travel | 0 | 22,478 | 0 | 45,185 |
| TOTAL OPERATING EXPENSES | 104,996 | 1,264,830 | 161,728 | 2,369,845 |
| INCOME FROM OPERATIONS | (104,996) | 1,027,450 | (159,671) | 2,802,558 |
| TOTAL OTHER INCOME (EXPENSES) | 748,745 | 2,744,307 | ||
| INCOME BEFORE TAXES | (104,996) | 1,776,195 | (159,671) | 5,546,865 |
| INCOME TAXES | ||||
| NET INCOME | $ (104,996) | $ 1,776,195 | $ (159,671) | $ 5,546,865 |
| NET INCOME PER COMMON SHARE, BASIC | $ 0.00 | $ 0.001 | $ 0.00 | $ 0.04 |
| NET INCOME PER COMMON SHARE, DILUTED | $ 0.00 | $ 0.001 | $ 0.00 | $ 0.04 |
| WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING, BASIC | 174,823,440 | 140,556,181 | 174,823,440 | 140,556,181 |
| WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING, DILUTED | 174,823,440 | 140,556,181 | 174,823,440 | 140,556,181 |