| Operating segments |
| |
|
Three Months Ended |
| |
|
March 31, |
|
March 31, |
| |
|
2017 |
|
2016 |
| Revenues: |
|
|
|
|
|
|
|
|
| Worlds 3D |
|
$ |
61 |
|
|
$ |
213 |
|
| MariMed Advisors |
|
|
1,150,658 |
|
|
|
614,243 |
|
| Consolidated revenues |
|
$ |
1,150,719 |
|
|
$ |
614,456 |
|
| |
|
|
|
|
|
|
|
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
| Worlds 3D |
|
$ |
— |
|
|
$ |
— |
|
| MariMed Advisors |
|
|
69,827 |
|
|
|
35,439 |
|
| Depreciation and amortization |
|
$ |
69,827 |
|
|
$ |
35,439 |
|
| |
|
|
|
|
|
|
|
|
| Profit/(Loss) before taxes |
|
|
|
|
|
|
|
|
| Worlds 3D |
|
$ |
(138,023 |
) |
|
$ |
(132,521 |
) |
| MariMed Advisors |
|
|
247,409 |
|
|
|
70,759 |
|
| Profit/(Loss) before taxes |
|
$ |
109,386 |
|
|
$ |
(61,762 |
) |
|
Capital Expenditures:
|
|
|
|
|
|
|
|
|
| Worlds 3D |
|
$ |
— |
|
|
$ |
— |
|
| MariMed Advisors |
|
|
1,806,655 |
|
|
|
990,504 |
|
| Combined capital expenditures |
|
$ |
1,806,655 |
|
|
$ |
990,504 |
|
| |
|
|
|
|
|
|
|
|
| Assets: |
|
|
|
|
|
|
|
|
| Worlds 3D |
|
$ |
4,576 |
|
|
$ |
20,311 |
|
| MariMed Advisors |
|
|
10.845,183 |
|
|
|
5,368,004 |
|
| Combined assets |
|
$ |
10,849,759 |
|
|
$ |
5,388,315 |
|
|