SSLJ. COM Ltd
CIK:0001709563|SEC Filings
Consolidated Statements of Operations and Comprehensive Loss - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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| Income Statement [Abstract] | |||||
| REVENUE | $ 16,323,597 | $ 5,421,288 | $ 444,169 | ||
| COST OF REVENUE | |||||
| Cost of product and services | 14,874,211 | 4,731,226 | 367,600 | ||
| Business and sales related taxes | 36,035 | 84,031 | 27,805 | ||
| GROSS PROFIT | 1,413,351 | 606,031 | 48,764 | ||
| OPERATING EXPENSES | |||||
| General and administrative expenses | 4,610,024 | 2,363,945 | 1,261,980 | ||
| Selling expenses | 19,095,391 | 10,539,153 | 656,113 | ||
| Research and development expenses | 1,246,615 | 520,415 | |||
| Total operating expenses | 24,952,030 | 13,423,513 | 1,918,093 | ||
| LOSS FROM OPERATIONS | (23,538,679) | (12,817,482) | (1,869,329) | ||
| OTHER INCOME (EXPENSE) | |||||
| Subsidy income | 44,432 | ||||
| Other income | 30,591 | 5,462 | 463 | ||
| Other expense | (201,365) | (364,748) | (8,677) | ||
| Total other income (expense) | (170,774) | (359,286) | 36,218 | ||
| LOSS BEFORE INCOME TAXES | (23,709,453) | (13,176,768) | (1,833,111) | ||
| PROVISION FOR INCOME TAXES | 10,496 | 16,563 | |||
| NET LOSS | (23,719,949) | (13,176,768) | (1,849,674) | ||
| Less: net income attributable to non - controlling interest | 2,359 | ||||
| NET LOSS ATTRIBUTABLE TO SSLJ.COM | (23,722,308) | (13,176,768) | (1,849,674) | ||
| OTHER COMPREHENSIVE LOSS | |||||
| Foreign currency translation gain (loss) | 320,752 | 508,048 | (94,639) | ||
| COMPREHENSIVE LOSS | (23,399,197) | (12,668,720) | (1,944,313) | ||
| Less: comprehensive income attributable to non - controlling interest | 2,750 | ||||
| Comprehensive income including attributable to noncontrolling interest | $ (23,401,947) | $ (12,668,720) | $ (1,944,313) | ||
| Losses Per Share Attributable to SSLJ.com Shareholders Basic and diluted | $ (0.59) | $ (0.32) | $ (0.05) | ||
| Weighted Average Number of Shares Basic and diluted | [1] | 40,000,000 | 40,000,000 | 40,000,000 | |
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