NET INCOME LOSS $3,187,765. IT IS HUGE REVIEW OF FINANCIAL RESULTS
Selected Annual Information
The following table provides a brief summary of th
e Company’s consolidated financial operations. For
more detailed information, refer to
the audited consolidated financia
l statements for the applicable
years.
Year Ended
December 31,
2016
Year Ended
December 31,
2015
Year Ended
December 31,
2014
Sales revenue
$ 5,932,233
$ 1,604,534
$ -
Gross Margin on Sales
1,659,393
430,279
-
Total gross proceeds from asset sal
es
325,240 10,761,408 27,167,727
Operating expenses
(4,593,842) (3,827,512) (1,827,919)
N
et Income (loss)
(3,187,765)
5,518,024
13,301,807
Basic income (loss) per share
(0.05)
0.12
0.33
Diluted income (loss) per share
(0.05)
0.12
0.33
Total assets
3,551,290
10,211,702
499,297
Total long-term liabilities (excluding provisions)
-
1,010,104
1,475