v3.10.0.1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue        
Service fees $ 930,214 $ 810,062 $ 2,680,541 $ 2,307,994
Lease equipment sales 79,770 0 549,854 0
Finance lease revenue 14,078 0 26,565 0
Consulting revenue 7,560 5,040 22,120 9,800
Total revenue 1,031,622 815,102 3,279,080 2,317,794
Cost of sales 731,121 525,891 2,254,309 1,496,023
Gross profit 300,501 289,211 1,024,771 821,771
Selling, general and administrative expenses 503,598 476,192 1,632,755 1,670,439
Operating income (loss) (203,097) (186,981) (607,984) (848,668)
Other income and (expense)        
Gain (loss) on investments 237,657 (163,445) 355,854 (163,445)
Interest income 41,578 93,908 124,164 157,516
Interest expense (3,588) (3,434) (11,587) (10,951)
Other income (expense) 0 0 2,380 500
Total other income and (expense) 275,647 (72,971) 470,811 (16,380)
Income (loss) before provision for income taxes 72,550 (259,952) (137,173) (865,048)
Provision for income taxes 0 0 17,650 7,450
Net income (loss) 72,550 (259,952) (154,823) (872,498)
Gain (loss) attributable to non-controlling interest (4,674) 25,844 (5,736) 50,155
Net Income (Loss) $ 77,224 $ (285,796) $ (149,087) $ (922,653)
Basic and diluted net income (loss) per Mentor common share:        
Earnings Per Share, Basic $ 0.003 $ (0.013) $ (0.006) $ (0.042)
Earnings Per Share, Diluted $ 0.003 $ (0.013) $ (0.006) $ (0.042)
Weighted average number of shares of Mentor        
Weighted Average Number of Shares Outstanding, Basic and Diluted 23,092,466 22,694,283 23,056,753 22,232,082
Weighted Average Number of Shares Outstanding, Diluted 23,136,194 22,694,283 23,056,753 22,232,082

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