FAH MAI HOLDINGS, INC.
CIK:0001681306|SEC Filings
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
|
| Income Statement [Abstract] | ||||
| Revenues | $ 143,657 | $ 15,362 | $ 146,307 | $ 15,362 |
| TOTAL REVENUES | 143,657 | 15,362 | 146,307 | 15,362 |
| COST OF GOODS SOLD | 140,093 | 9,633 | 142,624 | 9,633 |
| GROSS MARGIN | 3,564 | 5,729 | 3,683 | 5,729 |
| OPERATING EXPENSES | ||||
| General and Administrative Expenses | 1,018,028 | 163,793 | 1,803,160 | 385,746 |
| Total Operating Expenses | (1,018,028) | (163,793) | (1,803,160) | (385,746) |
| OPERATING LOSS | (1,014,464) | (158,064) | (1,799,477) | (380,017) |
| Other Income (Expense) | ||||
| Other Income | 17,540 | (13,689) | 24,619 | (10,265) |
| Interest Income | 8 | 49 | ||
| Interest Expense | (315) | (315) | ||
| Total Other Income/(Expense) | 17,233 | (13,689) | 24,353 | (10,265) |
| NET LOSS BEFORE INCOME TAXES | (997,231) | (171,753) | (1,775,124) | (390,282) |
| Provision for Income Taxes | ||||
| NET LOSS | $ (997,231) | $ (171,753) | $ (1,775,124) | $ (390,282) |
| BASIC AND DILUTED LOSS PER SHARE | $ (0.02) | $ 0 | $ (0.03) | $ (0.01) |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 55,441,151 | 45,192,235 | 54,286,500 | 42,947,443 |
| Other Comprehensive Loss | ||||
| Exchange Differences arising on translating Foreign Operations | $ (22,393) | $ (8,345) | $ (52,979) | $ (25,045) |
| Total Comprehensive Loss | $ (1,019,624) | $ (180,098) | $ (1,828,103) | $ (415,327) |