| Schedule of segment information |
Schedule
of segment information
| |
|
Cannabis and Medical Marijuana Segment |
|
|
Facility Operations Related |
|
|
Corporate and Eliminations |
|
|
Consolidated |
|
| Three months ended September 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
9,972 |
|
|
$ |
1,482,649 |
|
|
$ |
- |
|
|
$ |
1,492,624 |
|
| Operating income (loss) |
|
|
6,426 |
|
|
|
196,565 |
|
|
|
(116,664 |
) |
|
|
86,327 |
|
| Interest income |
|
|
- |
|
|
|
- |
|
|
|
16,269 |
|
|
|
16,269 |
|
| Interest expense |
|
|
- |
|
|
|
9,381 |
|
|
|
7,333 |
|
|
|
16,714 |
|
| Property additions |
|
|
- |
|
|
|
92,013 |
|
|
|
1,264 |
|
|
|
93,277 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
13,570 |
|
|
|
1,461 |
|
|
|
15,031 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Three months ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
11,730 |
|
|
$ |
1,219,800 |
|
|
$ |
- |
|
|
$ |
1,231,530 |
|
| Operating income (loss) |
|
|
4,516 |
|
|
|
(230,490 |
) |
|
|
(189,005 |
) |
|
|
(414,979 |
) |
| Interest income |
|
|
8 |
|
|
|
- |
|
|
|
24,960 |
|
|
|
24,968 |
|
| Interest expense |
|
|
- |
|
|
|
9,517 |
|
|
|
(1,004 |
) |
|
|
8,513 |
|
| Property additions |
|
|
- |
|
|
|
6,490 |
|
|
|
2,581 |
|
|
|
9,071 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
3,892 |
|
|
|
2,038 |
|
|
|
5,930 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Nine months ended September 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
31,176 |
|
|
$ |
4,154,711 |
|
|
$ |
- |
|
|
$ |
4,185,887 |
|
| Operating income (loss) |
|
|
20,876 |
|
|
|
11,062 |
|
|
|
(417,644 |
) |
|
|
(385,706 |
) |
| Interest income |
|
|
- |
|
|
|
- |
|
|
|
49,003 |
|
|
|
49,003 |
|
| Interest expense |
|
|
- |
|
|
|
27,421 |
|
|
|
(23,032 |
) |
|
|
4,389 |
|
| Property additions |
|
|
- |
|
|
|
107,290 |
|
|
|
1,264 |
|
|
|
108,554 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
29,923 |
|
|
|
4,382 |
|
|
|
34,305 |
|
| Total assets |
|
|
396,907 |
|
|
|
1,997,786 |
|
|
|
2,153,940 |
|
|
|
4,548,633 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Nine months ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
36,297 |
|
|
$ |
3,503,563 |
|
|
$ |
- |
|
|
$ |
3,539,860 |
|
| Operating income (loss) |
|
|
(16,624 |
) |
|
|
(174,878 |
) |
|
|
(665,076 |
) |
|
|
(856,578 |
) |
| Interest income |
|
|
- |
|
|
|
- |
|
|
|
65,504 |
|
|
|
65,504 |
|
| Interest expense |
|
|
- |
|
|
|
25,829 |
|
|
|
(3,132 |
) |
|
|
22,697 |
|
| Property additions |
|
|
- |
|
|
|
23,231 |
|
|
|
7,593 |
|
|
|
30,824 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
10,190 |
|
|
|
4,679 |
|
|
|
14,869 |
|
| Total assets |
|
|
2,095,569 |
|
|
|
1,955,675 |
|
|
|
702,561 |
|
|
|
4,753,805 |
|
|
| Schedule of reconciliation of revenue from segments to consolidated |
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:
Schedule
of reconciliation of revenue from segments to consolidated
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Operating loss |
|
$ |
86,327 |
|
|
$ |
(414,979 |
) |
|
$ |
(385,706 |
) |
|
$ |
(856,578 |
) |
| Gain (loss) on investments |
|
|
(2,427 |
) |
|
|
(2,758 |
) |
|
|
(9,001 |
) |
|
|
(8,676 |
) |
| Interest income |
|
|
16,269 |
|
|
|
24,968 |
|
|
|
49,003 |
|
|
|
65,504 |
|
| Interest expense |
|
|
(16,714 |
) |
|
|
(8,513 |
) |
|
|
(43,899 |
) |
|
|
(22,697 |
) |
| Gain on equipment disposals |
|
|
(671 |
) |
|
|
3,372 |
|
|
|
761 |
|
|
|
3,372 |
|
| EIDL Advance |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
10,000 |
|
| Other income |
|
|
4,032 |
|
|
|
7,994 |
|
|
|
15,429 |
|
|
|
24,352 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|