LIGHTING SCIENCE GROUP CORP

CIK:0000866970|SEC Filings

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue	$ 9,337,305	$ 17,098,013
Cost of goods sold	7,355,672	13,619,103
Gross profit	1,981,633	3,478,910
Operating expense:
Selling, distribution and administrative	5,254,249	5,076,064
Research and development	730,334	1,080,999
Restructuring expense	409,199
Depreciation and amortization	139,397	221,073
Total operating expenses	6,533,179	6,378,136
Loss from operations	(4,551,546)	(2,899,226)
Other income (expense):
Interest expense	(1,705,726)	(1,612,446)
Related party interest expense	(138,300)	(138,300)
Increase in fair value of liabilities under derivative contracts	(1,410,101)	(78,734)
Other income, net	6,692	11,018
Total other income (expense)	(3,247,435)	(1,818,462)
Loss before income tax expense	(7,798,981)	(4,717,688)
Income tax expense	407	2,560
Net loss	(7,799,388)	(4,720,248)
Foreign currency translation loss	5,300	(186,162)
Comprehensive loss	$ (7,794,088)	$ (4,906,410)
Parent [Member]
Other income (expense):
Basic and diluted net loss per weighted average common share attributable to controlling stockholders (in dollars per share)	$ (0.04)	$ (0.02)
Basic and diluted weighted average number of common shares outstanding attributable to controlling stockholders (in shares)	375,961,974	327,637,170
Noncontrolling Interest [Member]
Other income (expense):
Basic and diluted net loss per weighted average common share attributable to controlling stockholders (in dollars per share)	$ (0.04)	$ (0.02)
Basic and diluted weighted average number of common shares outstanding attributable to controlling stockholders (in shares)	105,546,568	98,060,244