Financial Information

Income Statement

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net Sales $ 2,495,424 $ 2,051,734 $ 6,139,551 $ 3,583,614
Cost of Sales 439,701 535,572 1,329,881 1,068,174
Gross Profit 2,055,723 1,516,162 4,809,670 2,515,440
Operating expenses        
Compensation and related expenses 321,933 529,361 787,898 1,131,805
Professional fees 410,340 99,964 852,498 321,548
Marketing expenses 1,407,911 882,845 3,576,096 1,182,715
General and administrative expenses 301,174 277,559 855,620 753,402
Total operating expenses 2,441,358 1,789,729 6,072,112 3,389,470
Operating Loss (385,635) (273,567) (1,262,442) (874,030)
Change in fair value of derivative liability (377,213) 496,617
Interest (expense) (147,664) (1,111) (205,192) (650,718)
Income (Loss) from continuing operations (533,299) (651,891) (1,467,634) (1,028,131)
Income from discontinued operations, including gain on sale, net of income taxes 925,738
Net income (loss) (533,299) (651,891) (541,896) (1,028,131)
Net income (loss) attributable to noncontrolling interests (37,318) 27,172 (66,160) (41,752)
Net income (loss) attributable to Conversion Labs, Inc. $ (495,981) $ (679,063) $ (475,736) $ (986,379)
Basic income (loss) per share attributable to Conversion Labs, Inc. from continuing operation $ (0.01) $ (0.02) $ (0.03) $ (0.02)
Basic income per share attributable to Conversion Labs, Inc. from discontinued operation
Diluted income (loss) per share attributable to Conversion Labs, Inc. from continuing operation (0.01) (0.01) (0.03) (0.02)
Diluted income per share attributable to Conversion Labs, Inc. from discontinued operation
Average number of common shares outstanding        
Basic 44,436,030 40,849,638 43,708,092 44,160,477
Diluted 44,436,030 47,254,218 43,708,092 44,160,477

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