Quarterly report pursuant to Section 13 or 15(d)

NOTE 11 - SEGMENT REPORTING (Tables)

v3.6.0.2
NOTE 11 - SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Operating segments

    Six Months Ended
    June 30,   June 30,
    2016   2015
 Revenues:                
 Worlds Online   $ 297     $ 213  
 MariMed     1,261,599       150,534  
 Consolidated revenues   $ 1,261,896     $ 150,747  
                 
 Depreciation and amortization:                
Worlds Online   $ —       $ —    
 MariMed     99,686       13,333  
 Depreciation and amortization   $ 99,686     $ 13,333  
                 
 Profit/(Loss) before taxes                
 Worlds Online   $ (257,603 )   $ (352,653 )
 MariMed     240,042       (377,445 )
 Profit/(Loss) before taxes   $ (17,561 )   $ (730,099 )

 

Capital Expenditures:

               
 Worlds Online   $ —       $ —    
 MariMed     1,500,773       2,307,426  
 Combined capital expenditures   $ 1,500,773     $ 2,307,426  
                 
 Assets:                
 Worlds Online   $ 12,127     $ 55,954  
 MariMed     5,701,772       3,463,605  
   Combined assets   $ 5,713,899     $ 3,519,559