Quarterly report pursuant to Section 13 or 15(d)

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)

v3.5.0.2
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)
 9 Months Ended
Sep. 30, 2016
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes  
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes

The following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes, as presented in the unaudited condensed consolidated income statements:

 

 

Three Months Ended

September 30,

Nine Months Ended

September 30,

 

2016

2015

2016

2015

Operating loss

$

(198,420)

$

(185,393)

$

(690,814)

$

(572,831)

Interest income

 

26,409

27,167

88,276

47,854

Interest expense

 

(10,305)

(4,146)

(32,540)

(12,205)

Gain (loss) on investments

 

-

556

(22,289)

(2,082)

Gain on conversion of investment in MicroCannaBiz to note receivable

 

-

-

-

35,360

Gain on equipment disposal

 

11,568

 

-

 

11,568

 

-

Other expense

 

9,286

-

9,154

-

 

Income before income taxes

$

(161,462)

$

(161,816)

$

(636,645)

$

(503,904)