Zero Gravity Solutions, Inc.

CIK:0001574186|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Sales	$ 15,815	$ 11,635	$ 65,233	$ 44,705
Cost of sales	1,239	2,476	34,879	7,754
Gross profit	14,576	9,159	30,354	36,951
Operating expenses
General and administrative expenses	1,173,157	1,003,056	3,047,753	3,553,188
Research and development	35,873	16,710	100,835	138,625
Total operating expenses	1,209,030	1,019,766	3,148,588	3,691,813
Loss from operations	(1,194,454)	(1,010,607)	(3,118,234)	(3,654,862)
Other income (expense) - net
Interest expense	(266,023)	(119,673)	(646,356)	(253,175)
Amortization of debt discounts	(762,223)	(132,976)	(2,296,426)	(205,938)
Change in fair value of derivative liability	(51,000)		(64,000)
Gain on debt extinguishment	156,000		156,000
Loss on disposal of asset		(1,197)		(1,540)
Total other income (expense) - net	(923,246)	(253,846)	(2,850,782)	(460,653)
Net loss including non-controlling interest	(2,117,700)	(1,264,453)	(5,969,016)	(4,115,515)
Non-controlling interest	(608)		(1,163)
Net loss available to common stockholders	$ (2,117,092)	$ (1,264,453)	$ (5,967,853)	$ (4,115,515)
Loss per share - basic and diluted (in dollars per share)	$ (0.05)	$ (0.03)	$ (0.15)	$ (0.10)
Weighted average number of shares - basic and diluted (in shares)	39,397,527	40,954,115	40,123,002	40,846,981