v3.20.1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue    
Service fees $ 1,136,924 $ 955,906
Lease equipment sales 0 74,889
Finance lease revenue 12,538 36,890
Consulting revenue 0 8,310
Total revenue 1,149,462 1,075,995
Cost of sales 764,360 705,621
Gross profit 385,102 370,374
Selling, general and administrative expenses 621,825 1,226,618
Operating income (loss) (236,723) (856,244)
Other income and (expense)    
Interest income 19,403 42,580
Gain (loss) on investments (10,206) (1,569,881)
Interest expense (7,337) (4,523)
Other income (expense) 12,084 0
Total other income and (expense) 13,944 (1,531,824)
Income (loss) before provision for income taxes (222,779) (2,388,068)
Provision for income taxes 11,178 16,800
Net income (loss) (233,957) (2,404,868)
Gain (loss) attributable to non-controlling interest 13,813 1,727
Net Income (Loss) $ (247,770) $ (2,406,595)
Basic and diluted net income (loss) per Mentor common share:    
Basic and diluted $ (0.011) $ (0.104)
Weighted average number of shares of Mentor common stock outstanding:    
Weighted Average Number of Shares Outstanding, Basic and Diluted 22,850,947 23,139,837

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