ALKAME HOLDINGS, INC.

CIK:0001522165|SEC Filings

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Income Statement
Revenue	$ 185,270	$ 898,381
Cost of Revenue
Cost of Revenue	232,723	858,477
Gross Profit(Loss)	(47,453)	39,904
Operating Expenses
Selling expense	152,315	585,352
General and administrative	425,133	1,211,139
Depreciation and amortization	7,660	136,523
Impairment of goodwill		658,187
Impairment of patents		928,572
impairment customer list & trade names		343,750
Total Operating Expenses	585,108	3,863,524
(Loss)/Gain from continuing operations	(632,561)	(3,823,620)
Other (Income) Expense
Interest	(460,930)	(182,242)
Amortization of deferred finance costs	(10,195)	(81,194)
Amortization of beneficial conversion feature	(44,509)	(713,118)
Gain (loss) on change in fair value of derivtive liability	(574,423)	289,994
Gain (loss) on settlement of debt	(199,247)	3,274
Total Other (Income) Expense	(1,289,304)	(683,286)
Net Income (loss)	$ (1,921,865)	$ (4,506,906)
Earnings Per Share
Earnings Per Share, Basic and Diluted	$ (0.003)	$ (0.03)
Weighted average number of shares outstanding - basic and diluted	655,439,620	149,785,191

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Statement of Cash Flows
Net income (loss)	$ (1,921,865)	$ (4,506,906)
Change in fair value of derivative liability	(574,423)	289,994
Amortization of deferred finance costs	(10,195)	(81,194)
Loss on extinguishment of debt	(199,247)	3,274
Other receivables		18,000
Preferred stock issued to noteholders	$ 1,250,000	$ 1,425,000

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Assets
Accounts receivables, net of allowance for doubtful accounts of $42,114 and $161,000 respectively	$ 8,393	$ 28,238
Other Receivables		18,000
Prepaid Expense, Current	2,000	7,000
Inventory		59,904
Total current assets	10,393	113,142
Furniture & fixtures	824
Equipment	79,015	122,829
Software	6,620	11,997
Intangibles, net		1,662
Total fixed assets, net	86,459	136,488
Deferred finance costs	222	5,513
Total other assets	222	5,513
Total assets	97,074	255,143
Liabilities and Stockholders' Deficit
Bank overdraft	169	2,448
Accounts payable and accrued expenses	796,670	727,290
Accrued expenses and other liabilities	982,502	785,871
Deferred sales	14,580	17,170
Legal obligations	120,000	120,000
Accrued contingencies	134,000
Notes payable - related parties	16,132	26,456
Current portion of notes payable	400,830	1,174,119
Convertible debentures	634,696	552,479
Derivative instrument liability	1,432,650	1,046,635
Total current liabilities	4,532,229	4,452,468
Notes payable - long term		24,573
Convertible debt - long term (net of debt disocunt of $74		29,486
Total long-term liabilities		54,059
Total liabilities	4,532,229	4,506,527
Stockholders' deficit:
Series A preferred stock	12,000	12,000
Series B preferred stock	65,398	65,398
Series D preferred stock	2,000	2,000
Common stock, $0.0001 par value, Authorized 5,500,000,000 shares; 1,178,551,804 and 198,485,547 shares issued and outstanding at December 31, 2017 and 2016, respectively	1,178,552	198,486
Common stock to be issued	13,500	13,500
Preferred stock to be issued	1,250,000	1,425,000
Additional paid-in capital	6,518,516	7,010,488
Retained earnings	(14,900,121)	(12,978,256)
Total stockholders' deficit	(4,435,155)	(4,251,384)
Total liabilities and stockholders' deficit	$ 97,074	$ 255,143