4Cable TV International, Inc.
CIK:0001421901|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 99,833 | $ 241,239 | $ 212,123 | $ 480,558 |
| Cost of goods sold | 77,679 | 107,091 | 181,248 | 395,085 |
| Gross profit | 22,154 | 134,148 | 30,875 | 85,473 |
| Operating costs and expenses | ||||
| Selling, general and administrative | 229,157 | 111,610 | 472,161 | 236,499 |
| Research and development | 11,632 | 16,413 | 28,023 | 30,847 |
| Total operating costs and expenses | 240,789 | 128,023 | 500,184 | 267,346 |
| Operating income loss | (218,635) | 6,125 | (469,309) | (181,873) |
| Other income (expense) | ||||
| Interest expense | (105,098) | $ (29,109) | (214,731) | $ (58,201) |
| Unrealized gain on change in fair value of derivatives | (1,812,699) | (1,630,919) | ||
| Total other income (expense) | (1,917,797) | $ (29,109) | (1,845,650) | $ (58,201) |
| Net loss | $ (2,136,432) | $ (22,984) | $ (2,314,959) | $ (240,074) |
| Net loss per common share - basic and diluted | $ (0.04) | $ 0.00 | $ (0.05) | $ (0.01) |
| Weighted average common shares outstanding - basic and diluted | 52,186,871 | 45,050,000 | 50,745,519 | 45,050,000 |