Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Income Statements (Unaudited)

v3.4.0.3
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Service fees $ 642,844 $ 573,850
Webcast revenue 450 0
Total revenue 643,294 573,850
Cost of sales 394,432 335,913
Gross profit 248,862 237,937
Selling, general and administrative expenses 430,358 421,254
Operating income (loss) (181,496) (183,317)
Other income and (expense)    
Interest income 27,247 2,389
Loss on disposal of Investor Webcast assets and liabilities (345) 0
Interest expense (11,868) (4,000)
Gain (loss) on investments (21,944) 1,339
Other income (expense) (738) 0
Total other income and (expense) (7,648) (272)
Income (loss) before provision for income taxes (189,144) (183,589)
Provision for income taxes 3,000 0
Net income (loss) (192,144) (183,589)
Gain (loss) attributable to non-controlling interest 10,165 24,120
Net income (loss) attributable to Mentor $ (202,309) $ (207,709)
Basic and diluted net income (loss) per Mentor common share:    
Basic $ (0.012) $ (0.014)
Diluted $ 0 $ 0
Weighted average number of shares of Mentor common stock outstanding:    
Basic 16,353,691 14,539,270
Diluted 0 0